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HTX Global Advisor Justin Sun Advocates Crypto Security Collaboration

SINGAPORE, Feb. 23, 2025 /PRNewswire/ – In the wake of the recent $1.5 billion hack affecting a major cryptocurrency exchange, HTX hosted a live discussion on X and its Global Advisor Justin Sun addressed the growing security concerns in the cryptocurrency industry. The discussion, titled “Together Against Industry Crisis, Is There a Best Solution for the Security of the Crypto Industry?” featured insights from leading security firms SlowMist and GoPlus Security, as well as prominent KOLs. Security: A Top Priority for HTX Sun stressed that security is a “top priority”, demanding constant vigilance and learning. He illustrated how hacker tactics have evolved, from early hot wallet attacks to more sophisticated multi-signature wallet breaches, and declared that exchanges must continuously enhance their security protocol. Sun emphasized that security is like personal health management, requiring internal efforts and a proactive approach. HTX has implemented multi-device login, remote login alerts, abnormal transfer alerts, and other security features, and has publicly disclosed Merkle Tree Proof of Reserve (PoR) for 28 consecutive months, maintaining reserve ratios exceeding 100%. Sun’s Influence on Security Practices Across the Crypto Landscape Sun’s commitment to security extends to his vision for HTX and his influential role in shaping security practices across the broader crypto landscape. He believes that the principle of security is considered fundamental to every business and product. He cited the early implementation of native multi-signature functionality in TRON as a successful example of proactive security design, demonstrating his commitment to building security into the foundation of his projects. He also highlighted the recent launch of USDD 2.0, emphasizing the deep understanding of stablecoin security risks that informed its development. “Just as exchanges should strengthen security mechanisms from the source in system design and operation, to maximize the prevention of security incidents,” Sun stated. Sun also revealed that HTX collaborates with numerous white hat teams to conduct continuous penetration testing, security drills, and vulnerability mining. The platform actively monitors global cryptocurrency security incidents and studies hacker attack principles and methods for effective prevention. Addressing the Situation and Industry Cooperation Regarding the controversy surrounding CZ’s suggestion for the affected exchange to suspend withdrawals, Sun acknowledged the validity of the advice from an exchange perspective. He explained that the initial hours after a security breach are crucial for investigating the issue and ensuring safety. While suspending withdrawals is necessary to eliminate risks, the suspension period should be minimized to reduce user impact. Sun called for closer cooperation between exchanges, security agencies, and the community to jointly address hacker threats, promote technological sharing, security innovation, and information exchange, and promote the healthy and sustainable development of the industry. HTX’s Commitment to User Safety HTX demonstrates its commitment to security through a proactive and continuously improving approach. The platform’s multi-faceted security strategy encompasses collaboration with leading security experts, rigorous ongoing monitoring, robust internal protocols, and a focus on enhancing multi-signature support, security alerts, and mitigating emerging threats such as hashtag scams. This comprehensive strategy reflects HTX’s dedication to safeguarding user assets and fostering a secure and reliable trading environment. This commitment was further emphasized by the specific security protocol requirements shared by Justin Sun at the February 21st Meetup in Hong Kong. About HTX Founded in 2013, HTX has evolved from a virtual asset exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, research, investments, incubation, and other businesses. As a world-leading gateway to Web3, we harbor global capabilities that enable us to provide users with safe and reliable services. Our growth strategy – “Global Expansion, Thriving Ecosystem, Wealth Effect, Security & Compliance”, underpins our commitment to providing quality services and values to virtual asset enthusiasts worldwide. For more information on HTX, users can visit the HTX Square , or https://www.htx.com/ , and follow X , Telegram , Discord . For further press enquiries, please contact glo-media@htx-inc.com . Contact Details Ruder Finn Asia htx@ruderfinn.com Crypto Potato

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Bitcoin’s Uptrend Gains Steam—XRP and These Cryptos Could 10x in 2025!

The crypto market is heating up, and Bitcoin is leading the charge. With BTC pushing toward new highs, savvy investors are eyeing the next big opportunities—altcoins with 10x potential in 2025. While XRP, MATIC, LINK, DOT, and UNI are strong contenders, the real breakout star is MAGACOINOFFICIAL.COM . This new project has already raised over $3 million in presale, and analysts predict it could be the next 1000x opportunity. To celebrate MAGACOINOFFICIAL.COM ‘s massive momentum, early buyers can secure a 50% EXTRA BONUS with MAGA50X! ACT FAST—PRESALE SPOTS ARE SELLING OUT! Bitcoin’s Rally Sets the Stage for Explosive Gains Bitcoin is on an unstoppable uptrend, currently trading at $96,506. With historical data showing strong performance in early-year cycles, BTC could soon break past $100,000 and beyond. Institutional investors and retail traders alike are pouring into the market, driving momentum across the board. But while Bitcoin remains a solid hold, the real wealth will come from high-growth altcoins. Why MAGACOINOFFICIAL.COM Is the Ultimate Investment Right Now While top altcoins offer solid returns, the biggest gains come from early-stage projects. That’s why MAGACOINOFFICIAL.COM is the standout choice. Raised over $3 million in presale—huge early investor demand Massive upside potential—analysts predict a surge to $1 by 2025 Exclusive investment opportunity—early investors get the biggest rewards TIME IS RUNNING OUT—USE MAGA50X TO CLAIM A 50% EXTRA BONUS! Top Altcoins Set to 10x in 2025 XRP: Trading at $2.70, XRP continues its strong push in global payments. Polygon (MATIC): At $0.3114, MATIC remains a top Ethereum scaling solution with room to run. Chainlink (LINK): Priced at $14.23, LINK is essential for DeFi growth. Polkadot (DOT): Currently at $8.78, DOT’s interoperability tech is driving adoption. Uniswap (UNI): At $6.92, UNI dominates decentralized exchanges. Conclusion Bitcoin’s uptrend is just the beginning, and XRP, MATIC, LINK, DOT, and UNI are all strong plays. But the biggest returns are waiting at MAGACOINOFFICIAL.COM . Smart investors are getting in early—secure your stake today! Website: MAGACOINOFFICIAL.COM X/Twitter: https://x.com/officialMAGAx Continue Reading: Bitcoin’s Uptrend Gains Steam—XRP and These Cryptos Could 10x in 2025! Crypto Potato