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Reading: Poloniex to Resume Services After $100 Million Hack, Announces Airdrop Campaign
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Latest cryptocurrency news > Cryptocurrency Exchanges > Poloniex to Resume Services After $100 Million Hack, Announces Airdrop Campaign
Cryptocurrency Exchanges

Poloniex to Resume Services After $100 Million Hack, Announces Airdrop Campaign

BH NEWS
Last updated: 29 November 2023 20:39
BH NEWS 2 years ago
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Following a $100 million hack attack on November 10, Poloniex cryptocurrency exchange announced that it will resume deposit and withdrawal services on November 29. Deposit and withdrawal services will be gradually reinstated, starting with enhanced security measures and initially with Tron.

Alongside the reactivation efforts, Poloniex also announced the introduction of new trading pairs that will be available soon. Users were instructed to use the newly updated deposit addresses and were informed that deposits to old addresses would not be accepted.

The exchange team announced a joint airdrop campaign developed with HTX DAO, indicating that an airdrop for crypto asset owners would be organized in December. It was stated that the reward calculations would begin on December 1.

Tron’s founder, Justin Sun, announced the airdrop plan on November 24 and revealed that the tokens designated for the airdrop would come from a premium project that is a candidate for listing. Sun mentioned that details would be disclosed in December.

While Poloniex gave priority to Tron for withdrawal transactions, it was noted that four hacking incidents occurred on crypto platforms associated with Justin Sun in the last two months, resulting in a total loss of $240 million in cryptocurrency assets.

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Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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