Cryptocurrency exchange Poloniex is preparing to resume withdrawals and deposits after suffering a $100 million hack on November 10.
Poloniex posted on X (formerly Twitter) on November 29th declare Deposit and withdrawal services will be gradually resumed at 2:00 a.m. UTC time on November 30.
The cryptocurrency exchange stressed that it would resume services in phases to “prioritize the security of user funds.” Poloniex will specifically begin resuming Tron (TRX) deposits and withdrawals “within the next two weeks,” followed by Bitcoin (BTC), Ethereum (ETH), Tether (USDT) and other cryptocurrencies explain.
In addition to resuming withdrawals, Poloniex said it is actively working on launching new listings, with new listings set to go live in the near future. The exchange also requires all users to use newly updated deposit addresses as soon as they become available. The announcement stated:
“Please note that failure to deposit using the updated address will result in funds not being deposited. We apologize for any inconvenience this may cause you and thank you for your understanding.”
In the same announcement, Poloniex also committed to airdrops to users who retain their assets on Poloniex. The airdrop event is developed in partnership with HTX DAO and is expected to launch in December, with asset balance calculation starting on December 1.TRON founder Justin Sun previously declare Airdrop plan on November 24th.
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“The airdropped tokens will be drawn from high-quality projects that are about to be listed. We will announce the specific details of the event in December.” The announcement stated.
In addition to prioritizing withdrawals from Tron, founded by Justin Sun, Poloniex also tagged the entrepreneur in an announcement on X. Sun-related encryption platforms, including HTX and Poloniex, have been hacked four times in the past two months, with losses totaling nearly $240 million.
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