Now, Poloniex’s owner, Justin Sun, has announced plans to compensate affected users as services resume.
In a recent tweet, Justin Sun said Poloniex and HTX “approach opening deposit and withdrawal” functionality on the exchange. He also revealed plans for an “epic airdrop for users with assets” and apologized to those impacted by the attacks.
Justin Sun announces airdrop
“My deepest apologies to the users affected by the hacker attacks on HTX and Poloniex,” Sun wrote. Additionally, he mentioned that they would cover the loss and that all assets are safe.
- Poloniex exchange and HTX token suffered hacker attacks earlier in November
- Platform halted deposits and withdrawals during investigation
- Owner Justin Sun pledges to make users whole and says assets are safe
- Surprise airdrop planned for users as services and operations to resume soon
The attacks on Poloniex and HTX underscore the risks even for large, established cryptocurrency platforms. Poloniex suffered a major breach on Nov 10. On-chain data has shown that the attackers looted over $125 million.
The lost assets include $56 million in Ethereum, $48 million in TRX, and $18 million in Bitcoin. A recent tweet from Poloniex reveals that the exchange will resume deposit and withdrawal services on November 30th, 2023, at 02:00 (UTC).
While hacks were more common in crypto’s early days, security remains a major concern given the irreversible and semi-anonymous nature of blockchain transactions.