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Article • Nov 10, 2023

Massive Hack on Poloniex Results in $114 Million Loss of Cryptocurrency

Golem
Massive Hack on Poloniex Results in $114 Million Loss of Cryptocurrency
Summary
  • Poloniex, a popular cryptocurrency exchange, has been targeted in a significant hot wallet hack, causing a massive loss of $114 million.
  • Security firms PeckShield and Cyvers raised alarms about the suspected hack, leading Poloniex to disable its wallets for maintenance.

Source: https://www.financemagnates.com//cryptocurrency/justin-suns-poloniex-loses-over-100m-in-hot-wallet-hack/

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