{"id":196402,"date":"2023-11-29T15:38:58","date_gmt":"2023-11-29T15:38:58","guid":{"rendered":"https:\/\/tokenstalk.info\/?p=196402"},"modified":"2023-11-29T15:38:58","modified_gmt":"2023-11-29T15:38:58","slug":"poloniex-prepares-to-resume-withdrawals-after-100m-hack","status":"publish","type":"post","link":"https:\/\/tokenstalk.info\/crypto\/poloniex-prepares-to-resume-withdrawals-after-100m-hack\/","title":{"rendered":"Poloniex prepares to resume withdrawals after $100M hack"},"content":{"rendered":"

Cryptocurrency exchange Poloniex is preparing to resume withdrawals and deposits after suffering a $100-million hack on Nov. 10.<\/p>\n

Poloniex took to X (formerly Twitter) on Nov. 29 to announce that it will be gradually resuming deposit and withdrawal services on Nov. 30 at 2:00 am UTC.<\/p>\n

The crypto exchange stressed that it will implement a phased resumption of the services to \u201cprioritize the safety\u201d of user funds. Poloniex will specifically start restoring Tron (TRX) deposits and withdrawals first, followed by Bitcoin (BTC), Ether (ETH), Tether (USDT) and other cryptocurrencies \u201cwithin the next two weeks,\u201d the announcement said.<\/p>\n

In addition to restoring withdrawals, Poloniex said it is actively working on introducing new listings, which will be available in the near future. The exchange also requested that all users utilize the newly updated deposit addresses once they become available. The announcement stated:<\/p>\n

\u201cPlease note that failure to use the updated addresses for deposits will result in the funds not being credited. We apologize for any inconvenience this may cause and appreciate your understanding.\u201d<\/p><\/blockquote>\n

In the same announcement, Poloniex also promised to conduct an airdrop for users who keep their assets on Poloniex. Developed in partnership with HTX DAO, the airdrop campaign is expected to launch in December, with asset balance calculation commencing on Dec. 1. Tron founder Justin Sun previously announced the airdrop plan on Nov. 24.<\/p>\n

Related: <\/em><\/strong>Crypto exchange HTX reinstates Bitcoin services after $30M hack<\/em><\/strong><\/p>\n

\u201cThe tokens for the airdrop will be drawn from a premium project that is about to be listed. We will unveil the specific details of this event in December,\u201d the announcement notes.<\/p>\n

In addition to prioritizing Justin Sun-founded Tron for withdrawals, Poloniex also tagged the\u00a0entrepreneur in the announcement on X. Sun-linked crypto platforms, including HTX and Poloniex, have been hacked four times over the past two months, losing nearly $240 million combined.<\/p>\n

Magazine: <\/em><\/strong>How to protect your crypto in a volatile market \u2014 Bitcoin OGs and experts weigh in<\/em><\/strong><\/p>\n

Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Cryptocurrency exchange Poloniex is preparing to resume withdrawals and deposits after suffering a $100-million hack…<\/p>\n","protected":false},"author":4,"featured_media":196401,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"\nPoloniex prepares to resume withdrawals after $100M hack - Tokens Talk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tokenstalk.info\/crypto\/poloniex-prepares-to-resume-withdrawals-after-100m-hack\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Poloniex prepares to resume withdrawals after $100M hack - Tokens Talk\" \/>\n<meta property=\"og:description\" content=\"Cryptocurrency exchange Poloniex is preparing to resume withdrawals and deposits after suffering a $100-million hack...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tokenstalk.info\/crypto\/poloniex-prepares-to-resume-withdrawals-after-100m-hack\/\" \/>\n<meta property=\"og:site_name\" content=\"Tokens Talk\" \/>\n<meta property=\"article:published_time\" content=\"2023-11-29T15:38:58+00:00\" \/>\n<meta name=\"author\" content=\"mediabest\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/tokenstalk.info\/wp-content\/uploads\/2023\/11\/Poloniex-prepares-to-resume-withdrawals-after-100M-hack.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"mediabest\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/tokenstalk.info\/crypto\/poloniex-prepares-to-resume-withdrawals-after-100m-hack\/\",\"url\":\"https:\/\/tokenstalk.info\/crypto\/poloniex-prepares-to-resume-withdrawals-after-100m-hack\/\",\"name\":\"Poloniex prepares to resume withdrawals after $100M hack - 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