With the approval of Bitcoin and Ethereum ETFs, the crypto market is maturing. The entry of traditional financial giants has unleashed a significant financial storm in this once niche geeky field. According to CoinGecko data, since the second half of 2025, the total market capitalization of cryptocurrencies has frequently surpassed the $4 trillion mark, with BTC breaking the $120,000 mark, setting a new historical high. Countless investors are turning their attention to the crypto market, hoping to profit from it. However, while the crypto market continues to improve, the industry remains plagued by the old problem of "hacking attacks." In fact, as the market capitalization of cryptocurrencies continues to rise, hacking attacks are becoming increasingly lucrative. In February 2025, cryptocurrency exchange Bybit suffered a major security breach, resulting in a loss of over $1.4 billion, the largest theft in cryptocurrency history; in June, Nobitex, Iran's largest cryptocurrency exchange, was hacked, with nearly $100 million in assets destroyed; in November, decentralized exchange Balancer was also hacked, with over $100 million in digital assets stolen… These incidents, seemingly yesterday, have repeatedly sounded the alarm for the industry's security. According to Chainalysis statistics, in the first half of 2025, over $2.17 billion worth of cryptocurrencies were stolen, and the total amount stolen is expected to reach $4 billion by the end of the year. Huobi HTX, as a leading exchange in the cryptocurrency field, has consistently increased its investment in security. From asset transparency to anti-fraud campaigns, from compliance measures to technological foresight, Huobi HTX has written an "industry security model" with concrete actions, interpreting a truly resounding "security declaration." I. How to Build Trust? — On Asset Transparency and Strong Risk Control Capabilities
For exchanges, "security and trust" are never just empty slogans, but core strengths that need to be proven through daily practice. Huobi HTX has been deeply involved in the crypto field for many years and understands that only by "building trust" can users feel at ease. The key to "building trust" lies in "asset transparency" and "strong risk control capabilities."
Huobi HTX has always emphasized asset transparency. As one of the earliest exchanges to adopt Merkle Tree Proof-of-Reserves, Huobi HTX has publicly disclosed its Proof-of-Reserves (PoR) audit reports for 37 consecutive months. Huobi HTX has been continuously expanding the coverage of Proof-of-Reserves assets. For example, USDT, as a core stablecoin in the trading market, has a reserve ratio of 101% this period, and the number of disclosed assets has increased to 10.
Huobi HTX understands the importance of "turning passivity into initiative." Users are welcome to visit the "Assets - Proof-of-Reserves Report" page on the Huobi HTX official website at any time to view the monthly updated Proof-of-Reserves report.
By regularly publishing reserve proof reports, Huobi HTX has wisely placed crypto assets under public scrutiny, fulfilling its commitment to safeguarding user funds. To achieve comprehensive protection of user assets and platform operations, Huobi HTX also undertook multiple upgrades and technical reconstructions to its security system in the first half of 2025, building a comprehensive security system covering risk control, operations, and security intelligence. In terms of risk control, Huobi HTX has a self-developed millisecond-level real-time risk control rule engine and a comprehensive monitoring and alarm system. Furthermore, it has established strict asset allocation standards, ensuring that hot wallet assets are controlled at 2%, warm wallet assets at 8%, and cold wallet assets at 90%. In terms of operations, Huobi HTX has established a 24/7 customer service and security operations response team, providing a solid backing for users' secure transactions. In terms of security intelligence, Huobi HTX maintains close communication and cooperation with leading security companies, project teams, and exchanges in the industry, establishing a "joint prevention and control mechanism." Based on this comprehensive security system, Huobi HTX continuously reduces the probability of users being compromised.
II. How to Proactively Protect Your Assets? — On Anti-Fraud Practices and User Education
The biggest weakness of ordinary users in protecting their assets is their neglect of risk warnings. Many users only discover that the platform has already sent risk warning emails about abnormal logins or transactions after they have actually suffered losses, leading to many avoidable losses.
To address this, Huobi HTX has taken proactive measures, maintaining high-pressure and high-frequency risk control investment, and continuously providing solid protection for user assets through multi-dimensional security construction: In the third quarter of this year alone, Huobi HTX issued 742,261 security alerts to users; intercepted 15 fraudulent withdrawals, recovering losses of 105,300 USDT; handled 44 cases of external stolen asset inflows, assisting in freezing stolen funds of 1.29 million USDT; added 5,825 addresses to the blacklist, intercepted 34 blacklisted address deposits totaling 865,000 USDT; and removed 71 phishing websites and fake apps.
In response to the situation where criminals are impersonating Huobi HTX officials and charging users fees under the pretext of "removing withdrawal restrictions," Huobi HTX has launched an "Anti-Fraud Declaration" and solemnly declares: removing withdrawal restrictions is completely free; any charging behavior is a scam! Recognize the only official channel and work together to combat fraud. On one hand, Huobi HTX officials acted swiftly; on the other hand, users actively provided feedback on their "anti-fraud experiences": "The official actions are fast, so we need to be more careful ourselves!" "A smooth reporting channel gives us peace of mind," "The reporting channels are clearly defined," and so on. Long-time users also shared their experiences, particularly praising Huobi HTX's customer service response speed and efficiency in handling issues. While promoting anti-fraud, in the third quarter of 2025, $HTX tokens underwent a record-breaking burn, demonstrating Huobi HTX's determination to give back ecosystem revenue to the community and achieve token value growth. These continuous deflationary measures not only optimized the token circulation structure but also further solidified the long-term value foundation of $HTX, thereby enhancing brand trust. Huobi HTX prioritizes security education for its users, fundamentally improving their security awareness and ensuring the safety of their assets. Throughout 2024, Huobi HTX launched 52 learning and earning activities through its "Growth Academy," attracting 468,000 users and distributing 249,000 USDT in rewards, making outstanding contributions to cryptocurrency user education. When a user triggers abnormal operations, the platform will pop up a "Risk Warning Pop-up," forcibly guiding the user to confirm the security instructions. From platform security construction to user security education, Huobi HTX practices the principle of "user asset security first," transforming users from "victims of risk" to "assets protectors" through comprehensive security measures. III. How to Win the Future? — On Compliance Layout and Technological Foresight After years of growth, the crypto industry is shifting from "wild growth" to "compliant development." As cryptocurrencies move towards a future that reshapes the financial landscape, compliant development has long surpassed regulatory requirements and become the core cornerstone of industry development. The increasingly clear global regulatory landscape is an undeniable fact: On January 20th, Trump was sworn in, becoming the first "crypto president" in US history; on March 7th, Trump signed an executive order establishing a strategic Bitcoin reserve; on April 22nd, Paul Atkins officially succeeded Gary Gensler as Chairman of the US Securities and Exchange Commission (SEC); on May 21st, the Hong Kong Legislative Council formally passed the Stablecoin Bill at its third reading; on June 17th, the US Senate passed the landmark GENIUS Act… Every event that brings favorable regulatory clarity becomes the ultimate opportunity to propel the crypto industry towards leapfrog development. In the current environment of regulatory green light, only those companies that adopt compliance as a development strategy will be able to seize new opportunities in the industry reshuffling, while those who continue to "grow wildly" will ultimately be eliminated. Therefore, only by adapting to regulatory compliance requirements and embracing cutting-edge technologies can Huobi HTX ensure its long-term success. In 2025, Huobi HTX continued to strengthen its global compliance strategy, actively applying for multiple core licenses while ensuring compliant operations, and building a long-term sustainable global compliance system. Huobi HTX also focuses on building a comprehensive anti-money laundering and risk control system at the international level: Huobi HTX maintains long-term cooperation with several internationally renowned on-chain monitoring institutions to identify and block transactions involving high-risk or blacklisted wallet addresses in real time, comprehensively preventing money laundering risks. At the same time, the platform has built a compliance management system integrating identity verification, automated transaction monitoring, and account management, continuously creating a safe and trustworthy trading environment for users. In terms of technology ecosystem construction, Huobi HTX has achieved three core upgrades: dynamic permission verification, end-to-end transaction verification, and normalized red team/blue team exercises. Regarding dynamic permission verification, fund operations require dual authentication of environmental tags and biometrics to ensure consistency between the operator and the operating environment. For end-to-end transaction verification, a smart contract-level transaction content comparison mechanism fundamentally prevents transaction fraud after the front-end UI has been tampered with. Regarding routine red team/blue team exercises, the security team simulates and reproduces the latest attack methods of hacker groups and APT groups monthly, using offense to improve defense and strengthen the platform's responsiveness.
Conclusion
The competition among cryptocurrency exchanges is no longer simply a battle of technology and users, but a battle of compliance, transparency, and security. The crypto industry is moving from a "wild west" era to a "compliant era": trading platforms that can gain user trust in the compliant era will undoubtedly be pioneers who can balance compliance endorsement with technological upgrades.
From 37 consecutive months of PoR audit reports, rigorous MPC and dual-device risk control measures, and over 740,000 security alerts per quarter, to proactively embracing regulatory compliance strategies and building an international anti-money laundering system… Huobi HTX has steadily led the way in the industry's development. Looking ahead, the crypto industry is facing unprecedented opportunities—a global compliance framework is taking shape, and traditional financial capital is rapidly entering the market. Therefore, "compliance" is the bridge connecting traditional finance and crypto finance. When tradition and crypto collide, the financial and inclusive values derived from "compliance" as a cornerstone can illuminate the dreams of the crypto financial era.