The blockchain security firm SlowMist has identified a critical vulnerability in the cryptocurrency exchange HitBTC, raising significant security concerns. Despite attempts to privately alert HitBTC, SlowMist received no response, prompting a public announcement to safeguard users. HitBTC, established in 2013 and known for its diverse trading options and low fees, has faced scrutiny over transparency and customer support. While specific details of the vulnerability remain undisclosed to prevent exploitation, SlowMist highlighted the potential threat to user funds and data. They have urged HitBTC to engage promptly to address the issue. SlowMist, founded in 2018, specializes in blockchain security, offering services like security audits and threat monitoring, and is recognized for its responsible disclosure approach.
What critical vulnerability has SlowMist discovered in HitBTC?
