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Justin Sun sent blockchain messages on the Ethereum network to the hacker's addresses and warned them to return the stolen funds for a reward or face legal action in multiple countries.
Poloniex said it has engaged a 'top-tier' security firm to bolster its security.
Solana's 89.31% TVL growth signals rising star status in DeFi sector, but Ethereum remains the sector's biggest player.
The two incidents, which do not appear to be connected, came to light in recent days.
Bloomberg's Eric Balchunas said Bitcoin futures ETF BITO has emerged as a major beneficiary of the rally.
Crypto investment products have seen its sixth consecutive week of inflow of $261 million.
Tether's USDT appears to benefit from the decline with it its supply approaching 85 billion.
Cardano-based stablecoins have struggled for market share despite the popularity of these assets.
The intercepted amount is just a fraction the $100 million originally stolen.
Another top executive resigned from their position at the embattled cryptocurrency platform.
The breach occurred on Sept. 25, with the hacker stealing a total of 4,997 Ether (ETH) — valued at approximately $8 million as of press time.
The U.S. Treasury also sanctioned several participants and their crypto addresses in connection to the charges.
HTX global adviser Justin Sun reiterated the platform's security measures following the compromise.
Staked Tether (stUSDT) touted several partnerships on its website, including MetaMask, HTX and others.
stUSDT protocol TVL is approaching $1 billion less than three months after its launch.
North Korean hackers have stolen more than $200 million worth of cryptocurrencies this year.
The company's ETH, TRX, MATIC, and XRP addresses have been affected.
Huobi Exchange spot trading volume surged by 46.5% to $28.9 billion in August.
Binance has been urging its users to use alternative stablecoins with BUSD's demise now imminent.
Ethereum co-founder Vitalik Buterin sold all his MakerDAO's MKR tokens in reponse to the news.
