Following a distributed denial-of-service attack on Friday, the cryptocurrency exchange HTX and its HTX DAO (decentralized autonomous organization) have resumed operations. The HTX advisor and cryptocurrency tycoon Justin Sun said on his X account that the services had been restored following an almost 15-minute interruption.
The purpose of a denial-of-service (DDoS) assault is to overwhelm an online service with so many requests that it overloads its capacity and becomes unable to process new ones.
Additionally, on November 10 of last year, HTX was the target of a hacking attack in which the blockchain protocol Heco Chain and the exchange saw approximately $97 million taken.
Crypto
After being hit by a “DDoS” attack, Justin Sun’s HTX services were restored.
