Following a $100M security breach on November 10, cryptocurrency exchange Poloniex is preparing to relaunch withdrawals and deposits. The exchange announced the progressive resumption on November 29 via the X platform, with Tron leading the way, followed by Bitcoin, Ether, Tether, and other cryptocurrencies over the next two weeks.
Poloniex has recommended that users use the new deposit addresses once available to prioritize user fund safety throughout this reboot process. They also warned users that failure to do so may result in uncredited payments. Furthermore, Poloniex has stated that potential new listings are being actively considered.
In addition to recovery efforts, Poloniex has promised an airdrop for those who keep assets on the site. The airdrop campaign, in conjunction with HTX DAO and announced by Tron founder Justin Sun, will begin in December, with asset balance calculations beginning on December 1 and connected to a soon-to-be-listed premium project.
This reinstatement comes after a string of hacking incidents targeting Sun-linked crypto platforms, with four attacks totaling almost $240M in the last two months.
