Hotbit crypto exchange has been hacked

[Lafu]

I readed somewhere that they have over a 100 servers and normaly if they got a backup from the Userdata and stuff it should be no problem to recover it.
But it will be a huge step to verify the existing Accounts there , looks like hacking exchanges is more and more in the coming .
Guess it will be take them longer as only 2 weeks for all , but good luck to all that got affected with it.

[suzanne5223]

We still can tell when they will successfully finish the whole process but I believe it will only take them 14 maximum days to execute it. Besides, they make a tweet today that says, "Finished the recovery of historical backup data, starting to conduct the reconstruction and recovery process of all data generated between backup point and the time point that the hacking attack occurred."

[libert19]

I know that this is not in the top 10 as far as exchanges goes, but they said they have 2 millions users affected by this attack. Their hot wallet is safe according to them but the hackers manage to delete their databases.

It is a popular destination for mid and low cap DeFi  tokens or NFT so the number is not surprising.

Often they list the tokens by themselves, without any project's interference, also it's infamous for wash trading. I would rather pay more fees on uniswap than using this exchange.