Here’s What Happened in Crypto Today by Cointelegraph

Crypto exchange Huobi Global experienced a significant hack on September 24, resulting in the loss of $7.9 million, as revealed by blockchain analytics. In related news, a wallet linked to co-founder Vitalik Buterin was observed sending 400 ETH, valued at approximately $600,000, to the exchange Coinbase. Additionally, Hong Kong’s Securities and Futures Commission (SFC) has introduced new initiatives aimed at aiding the public in identifying fraudulent or unlicensed cryptocurrency exchanges.

Huobi Global, which has recently undergone a rebranding to HTX, was reportedly compromised over the weekend, leading to the substantial financial theft.

In a related development, the SFC is stepping up its efforts in light of the recent JPEX scandal, promising enhanced measures to protect investors from scams in the crypto space.