After an alleged cyberattack on Thursday, cryptocurrency trading site Hotbit has shut down all of its services. A note on the platform’s website reads, “Hotbit just suffered a serious cyber-attack starting around 08:00 PM UTC, April 29, 2021, which led to the paralysation of a number of some basic services.”
While the hackers were unable to obtain access to Hotbit’s wallets, they were able to penetrate the platform’s user database. Customers should ignore all contact from people pretending to be members of the exchange, according to the Hotbit team. Hotbit has reported that pending trading orders are cancelled to avoid damages when all regular activities are suspended during the ongoing maintenance. During the upkeep, the exchange also agreed to cover all damages incurred by exchange-traded funds listed on its website.