Cryptocurrency

Cryptocurrency exchange Poloniex, which recently fell victim to a $100-million hack on November 10, has announced plans to resume its withdrawal and deposit services. 
The announcement was made via the platform X (formerly Twitter) on November 29. 
According to Poloniex, the phased resumption of services will begin on November 30 at 2:00 am UTC, with a strong emphasis on prioritizing user fund safety. 
The first step in this process involves restoring Tron deposits and withdrawals, followed by Bitcoin, Ether, Tether, and other cryptocurrencies over the course of the next two weeks. 
In addition to reestablishing withdrawals, Poloniex is actively working on introducing new cryptocurrency listings, which will be available soon. 
Users are advised to make use of the updated deposit addresses once they become accessible, as failure to do so will result in funds not being credited. 
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Poloniex has also announced an airdrop campaign for users who maintain their assets on the platform. 
Developed in collaboration with HTX DAO, this campaign is scheduled to launch in December, with asset balance calculations starting on December 1. 
The tokens for the airdrop will be sourced from a premium project about to be listed, with specific details to be unveiled in December. 
It’s noteworthy that Poloniex is not only focusing on the resumption of services but also on security improvements following the recent hack. 
The exchange is taking measures to reassure its user base and ensure the safety of their assets. 
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The announcement also highlighted the repeated hacks experienced by Sun-linked crypto platforms, including HTX and Poloniex, over the past two months. 
These incidents resulted in a combined loss of nearly $240 million. 
Despite the challenges, Poloniex is committed to maintaining its services and enhancing security measures to safeguard user assets in the ever-evolving world of cryptocurrency. 
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Poloniex Announces Gradual Resumption of Services Following $100 Million Hack

Crypto Intelligence

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