#Poloniex suffered HOT WALLET BREACH WORTH $114 MILLION HACK.
POLONIEX announced in their social Media platform X (formerly Twitter) that it had temporarily halt Wallet system Our Wallet had been disabled for maintenance we will update this thread when our Wallet has been enabled.
This happened after the Blockchain Security Firm CYVERS alerted the RED CODE warning that said hey #Poloniex and Poloniex support you better contact us immediately.
The Breach at the Centralized Cryptocurrency Exchange happened on Friday 10 November 2023 whereby $110 million was stolen in their hot Wallet system eventhough the estimates suggests that the stolen funds can exceed more than $110 million, The Poloniex Proprietor Justin Sun and Tron Founder Assured the Poloniex clients that their Funds is Safe and promised that the lost fund will be recovered.
