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After suspending withdrawals and deposits due to a $100 million hack on November 10, cryptocurrency exchange Poloniex has made a notable announcement. The Poloniex team has joyfully announced that deposit and withdrawal services will be gradually restarted from November 30, beginning on November 29.
Erasing the Traces of the Hack Attack
The crypto exchange announced that services would be restarted in phases with a priority on security measures for user funds. It was noted that deposit and withdrawal services for Tron would be initiated first on the platform, followed by Bitcoin, Ethereum, Tether, and other cryptocurrencies within the following two weeks.
Poloniex has not only been actively working to reactivate withdrawal services but also to introduce new trading pairs that will be available in the coming days. The exchange team has also requested all users to use the newly updated deposit addresses. The announcement included the following statement:
“Please remember that not using the updated deposit addresses will result in the funds not being deposited. We apologize for any inconvenience this may cause and thank you for your understanding.”
Poloniex Team Announces Airdrop News
In today’s announcement by the team, Poloniex promised to conduct an airdrop for users holding crypto assets on the exchange. The airdrop campaign, developed in partnership with HTX DAO, is expected to start in December, with the reward calculation based on asset balances to begin on December 1. Tron’s founder Justin Sun had previously announced the airdrop plan on November 24. Sun stated in the announcement:
“Tokens for the airdrop will be drawn from a premium project that is up for listing. We will disclose the specific details of this event in December.”
In addition to giving priority to Tron for withdrawal processes, Poloniex tagged the entrepreneur Justin Sun in the announcement made via the platform. In the last two months, four hacking incidents have occurred on crypto platforms associated with Sun, including HTX and Poloniex, resulting in a total loss of $240 million in crypto assets.
- Poloniex restarts services post-hack.
- Security prioritized for user funds.
- Airdrop anticipated for crypto holders.
