In its latest push to secure user assets, global cryptocurrency exchange HTX has released its October Security Monthly Report. This report underscores the platform’s dedication to user protection by detailing its actions against phishing attempts, transaction theft, and high-risk asset management. HTX, which has consistently updated users with monthly security insights, continues to prioritize safeguarding its platform amid a rapidly evolving cybersecurity landscape.

Tackling Phishing and Fraudulent Activities Head-On

A significant part of HTX’s October security strategy was aimed at combating phishing. To raise awareness among users, the platform dispatched 280,871 security reminders through emails and SMS, a notable 22% increase from the previous month. Of these, 253,208 alerts were delivered via email and 27,663 through SMS, highlighting HTX's proactive stance in educating users about potential security risks.

In addition to spreading awareness, HTX took direct action to tackle fraudulent activities. The exchange successfully shut down five phishing websites and fake app download sites that were mimicking HTX’s branding. By eliminating these potential threats, HTX helped prevent users from falling victim to malicious actors attempting to compromise accounts through fake platforms.

Preventing Transaction Theft to Safeguard Assets

The October report also revealed HTX’s stringent approach to transaction security, where the exchange intercepted seven withdrawal attempts to scam addresses, recovering a total of 12,689 USDT for users. This action underscores HTX's commitment to safeguarding user transactions from unauthorized or fraudulent activities.

HTX’s security measures go beyond reactive responses; the platform encourages users to report suspicious activities. Through various channels, HTX addressed 13 cases of external stolen assets being funneled into the platform, enabling the freezing of approximately 491,745 USDT in stolen funds. This amount represents a 183% increase from September, emphasizing HTX’s vigilance and rapid response in combating digital asset theft.

Strengthening Asset Security Through Blacklisted Addresses

To further secure its ecosystem, HTX has been aggressive in identifying and blacklisting high-risk addresses. In October, the platform added 190 new addresses to its blacklist—a 26% rise from the previous month. HTX’s systems intercepted 13 deposits from these blacklisted sources, amounting to 32,946 USDT, effectively preventing these risky funds from entering the platform.

The proactive approach to asset security is part of HTX’s commitment to maintaining a safe and compliant trading environment for its users. The platform has reiterated its dedication to continually improving its security infrastructure to counteract the complex and evolving nature of digital threats.

HTX: Building a Secure Future for Digital Assets

Founded in 2013, HTX has evolved from a simple virtual asset exchange to a comprehensive blockchain ecosystem. Today, HTX offers services in digital asset trading, financial derivatives, wallets, and more, positioning itself as a significant player in the global Web3 landscape. With a guiding strategy of "Global Expansion, Thriving Ecosystem, Wealth Effect, Security & Compliance," HTX remains committed to delivering a safe and reliable trading experience.

HTX’s ongoing investments in security are crucial for user confidence, especially as cyber threats become more sophisticated. The platform’s October Security Monthly Report underscores its resolve to protect user assets and stay ahead of potential security challenges, setting a standard for other exchanges in the industry.