- In the latest update, Poloniex stated that the platform is now running smoothly.
- Poloniex has engaged the services of a top-tier security auditing firm.
Cryptocurrency exchange Poloniex, owned by Justin Sun, is set to resume operations following a significant hack in November 10th, as per an official announcement on today.
The platform has made substantial progress in restoring services after the breach that resulted in a loss of over $100 million. In the latest update, Poloniex stated that the platform is now running smoothly, with efforts focused on resuming deposit and withdrawal services.
Evaluation Process Underway
In a bid to fortify the security of user funds, Poloniex has engaged the services of a top-tier security auditing firm. The exchange is diligently working towards the enhancement of security measures before reactivating withdrawals. Although the evaluation process is still underway, it is expected to conclude in the coming days.
Poloniex reassures its users that the restoration efforts have been largely completed, and steps are being taken to ensure a more secure and resilient platform going forward. The cryptocurrency community is eagerly awaiting the full resumption of services on Poloniex, with hopes that the enhanced security measures will prevent future incidents of this nature.
Highlighted Crypto News Today:
