ION:Huobi Global''s Statement on the Facts Regarding the GALA Incident_LIONF價格

DearHuobiUsers,

InresponsetopNetwork'sstatementontheGALAincidenttoday,HuobiGlobal'sreplyonwhatactuallyhappenedisasfollows:

WethinkthatpNetwork'sactionisnota"whitehat"operation,butamalicioushackdrivenbyprofitandbadfaith.

Wehave3reasonstobackourargument:

1.Initspriorcommunicationswithcentralizedexchanges,thepNetworkteamneversaiditintendedtoattackitsmisconfigurationloopholebymintinganastronomicalamountofvaluelesstokens.WhatisworsethanhidingitsintentionisthatpNetworkexploitedtheloopholeonitsownsmartcontractandissued55.6billionPGALAtokenstocarryouttheattack50minutesaftercontactingotherexchanges,notleavingsufficientresponsetimetotheexchanges.Apostmorteminvestigationrevealedthatthemisconfiguration,orvulnerability,wascausedbyapNetworkengineermistakenlyembeddingakeyinthesmartcontract67daysago,whichsubsequentlyledtothisveryincident.

數據：399,999,990枚USDT從Huobi轉移到Tether Treasury:金色財經報道，據Whale Alert數據顯示，399,999,990枚USDT（價值約400,079,989 美元）從Huobi轉移到Tether Treasury。[2023/1/14 11:11:20]

2.ThereisnoevidencewhatsoeverthatanyonewouldleveragethisloopholetoinitiateanattackotherthanpNetworkwhoiseagertoexploititforprofit.Eventhoughtherearemanymoresecuresolutionsathand,thepNetwork,despitethefactthattheloopholehasexistedfor67days,resortedtoattackingtheloopholeandminting55.6billiontokensforprofitwithin50minutesaftercommunicatingwithexchanges.Whataresponsibleprojectteamshouldhavedoneistoleaveaminimumresponsetimeof24hoursforexchangestoswitchtothenewtoken,suspenddepositsandwithdrawalsontheoldsmartcontract,andcallforPancakeswapuserstoretracttheirliquiditypools.ItisunjusifiedandunnecessaryforpNetworktoactivelyattackthisloopholeandmintanenormousamountofnewtokens.Throughthisattack,pNetworkhasprofitedoverUS$4.5million.Meanwhile,multiplerelatedaddressestookplannedandcoordinatedactionsandmademillionsofdollars.TheircombinedprofitsareanexcessofUS$10million,clearlyindicatingthepurposeoftheattackwastomakeprofits.

Web3 Graph獲得Huobi Incubator種子輪投資，并成功入選孵化器:4月28日消息，Web3.0數據圖譜基礎設施項目Web3 Graph宣布獲得Huobi Incubator種子輪投資，并成功入選孵化器。據了解，Web3 Graph是下一代基于事件的開放圖譜協議，旨在成為Web3.0項目的全新數據圖譜基礎設施。[2022/4/29 2:40:22]

3.pNetworkarguedthatthemintingofanstaggeringamountof55.6billiontokenswastorecoupaliquiditypoolthatisonlyworthUS$400,000.Thisreasoningisgroundlessandfarfetched.pNetworkandGALAteamswerefullyawareofthedevastingimpactofthisoperation.Onewouldwonderwhywouldtheyunilaterallyminted55.6billionGALAtokenswithoutleavinganytimeforthirdpartiestoreact.Inaddition,pNetworkisnotentitledtodraintheUS$400,000liquiditypool,whichbelongstousers.Alltheseseeminglypreemptiveactionsareclearlyprofit-seekingbehaviourindisguise.WhatpNetworkhasdoneistocarryoutanactualhackundertheguiseof"whitehat"operationtoavoidlegalconsequences!

Inaddition,wehavesortedoutthekeyeventtimelinerelevanttoHuobiGlobalasbelow:

去中心化交易所Saber在Solana上推出Huobi USD（HUSD）交易池:據官方消息，基于Solana的去中心化交易所Saber宣布在Solana上推出首個Huobi USD（HUSD）交易池。用戶現在可以在Saber平臺上使用HUSD與任何其他支持的比特幣錨定幣進行交易。流動性提供者通過向HUSD-USDC池存款來獲得收益。昨日，Saber宣布在Solana上推出首個Huobi BTC（HBTC）交易池。[2021/7/18 1:00:37]

11-0319:23(UTC):pNetworkcontactedHuobiGlobalthroughaseparatepointofcontact.However,itdidnotinformusthatpNetworkwasgoingtocarryouttheattack,nordiditindicatethatitwouldissue55.6billionGALAtokenstobedumpedinthemarket,whichcausedextremelyheavylossestoinnocentusersandexchanges.

11-0319:48(UTC)GalaGamesreportedthatBinance.UShasconfirmedBEP20deposits/withdrawalsforGALAaresuspended.Howeveritdidnotconfirmthedeposits/withdrawalswithHuobiGlobal.

11-0320:13(UTC)pNetworkissued27,814,200,000pGALA.

11-0320:27(UTC)pNetworkissuedanother27,814,200,000pGALA,increasingthetotalcirculationofpGALAto55.6billion.

DeFiBox安全提示：警惕Huobi Eco Node項目安全風險:據官方消息，DeFi門戶網站DeFiBox.com項目監測發現，一個名為Huobi Eco Node的項目正以“火幣生態節點挖礦”名義在電報群大肆傳播。項目采用的邀請推薦機制疑似違反有關規定，宣傳內容存在夸大失實且有冒用Heco生態鏈LOGO情形，經了解，目前該項目未開源且未經任何安全機構審計通過。

據DeFiBox多方溝通，該項目與火幣及Heco生態鏈無任何關系。DeFiBox.com提醒廣大用戶警惕安全風險，遠離此類未經開源審計的高危項目。[2021/3/25 19:17:38]

11-0320:28(UTC)pNetworkissuedanannouncementfalselyclaimingthe"misconfigurationofthep.Networkbridge",whichledtothemintingofover$1billionworthofpGALAtokensonBNBChainoutofthinair.pNetworkhasconvenientlycoveredupthefactthatitwasthehackerinthisincident,andattackedtheloopholetoissue55.6billionGALAtokensoutofthinair.Theactofdumpingforprofitconstitutesacriminaloffense.

Tosumup,wehavereasontobelievethat:

pNetwork'sactionisnota"whitehat"operation,butamalicioushackwithprofitasitstheultimategoal.WebelievethatthisisapremeditatedattackplannedbythepNetworkteam,andthewhitehatoperationisjustanillegalexcusesoughtbythepNetworkteamtoavoidlegalconsequences.

Huobi Global已暫停LUNA充提業務:火幣官方剛剛發布公告稱，由于LUNA節點升級，Huobi Global現已暫停LUNA的充幣和提幣業務。[2021/1/1 16:12:32]

Initsdealingwiththisincident,GalaandpNetworkteamsnevertriedtoreachHuobiGlobalviaofficialcommunicationchannelstoconfirmthesecurityandfeasibilityoftheirplans.Rather,theyactedinbadfaithandabusedtheirmanagementpermissiononBNBChainbymintingover55.6billionGALAtokensforprofitablesell-offs.

TheGALAandpNetworkteamscouldhaveusedothersafermethodtofixthevulnerabilityandavoidthisunfortunateincidentfromhappening.However,theychosetocoverupthefactsandexecutedamassiveattackinvolving55.6billionGALAtokenswithin50minutesaftercontactingtheexchanges.Thisisamaliciousattackmotivatedbyprofitandistantamoustoaterroristattackoninnocentusersandplatforms.Theentireindustryhassufferedahugeblowbecauseofthisincident.

Notlongbefore,onbehalfofourusersvictimizedbypNetwork'sactions,HuobiGlobalcommunicatedandnegotiatedwiththepNetworkteamingoodfaithforreasonablecompensationtothevictims.However,wedidnotreceiveanacceptableresponsefrompNetworkasofthetimethisstatementispublished.

InviewofpNetwork'sunconfirmedunilateralstatementontheGALAincidentthatseriouslydeviatesfromthefacts,itshowshowtheprojectteamisattemptingtoshirkresponsibilities,whilecausingsignificantdamagetotheassetsecurityofHuobiGlobalusers.Astheworld'sleadingvirtualassettradingplatform,protectingourusers'interestsandsafeguardingassetsecurityhavealwaysbeenthecoreresponsibilityofHuobiGlobalsinceourestablishmentnineyearsago.Tofulfilourcommitmenttoourusers,wewilltaketheleadingatheringandrepresentingthevictimsofHuobiGlobal,andwewillworkwithglobalpartnerstoexercisealllegalmeans,includingclassactionsandlodgingpolicereports,toinvestigateandpursuecriminalchargesagainsttheperpetuatorsfrompNetwork.

Weurgeallattackerswhoexploitedthesecurityvulnerabilitytoreturntheunjustifiedgains.HuobiGlobaliswillingtopaytheattackersfromour$1millionbountyfundandnotpursueanylegalactionagainstthem.Lastly,wewouldliketoreiteratethatHuobiGlobalalwaysstandbyourusers,andwewillnotstopuntilallofourusers'reasonabledemandsaresatisfied.

HuobiGlobal

Nov6,2022

TradeonthegowithHuobiGlobalApp(iOS/Android)

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HuobiGlobalreservestherightinitssolediscretiontoamendorchangeorcancelthisannouncementatanytimeandforanyreasonswithoutpriornotice.TheaboveisforinformationpurposesonlyandHuobiGlobalmakesnorecommendationsorguaranteesinrespectofanyvirtualasset,product,orpromotiononHuobiGlobal.Pricesofvirtualassetsarehighlyvolatileandtradingvirtualassetsinvolvesrisk.PleasereadourRiskRemindertexthere.

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