Hotbit disclosed a cyberattack against its infrastructure on Thursday that forced it to shut down all its operations for at least a week. The cryptocurrency exchange assured that the users’ funds are safe and secure, but the unknown hacker has managed to access the users’ database and delete it later. Hotbit is investigating the incident and trying to back up from storage securely.

Hotbit Hit With a Cyberattack

Hotbit is a fairly popular cryptocurrency exchange having over 2 million users from 210 countries. The exchange was hit with a cyberattack on Thursday, which led to suspending all the major operations for investigation. As growing suspicious, Hotbit explained the situation and assured that users’ funds are safe and secure.

#HotbitEmergencyMaintenance We just suffered a serious cyber attack starting around 08:00 PM UTC, Apr.29, which led to the paralyzation of a number of some basic services All funds r safe, we will update our latest Maintenance progress everyday Details: https://t.co/JtSIPlvfOg pic.twitter.com/XhCWXU9a4s — Hotbit (@Hotbit_news) April 30, 2021