The post Poloniex possibly lost over $100 million in a suspected hack! appeared first on Coinpedia Fintech News
Justin Sun’s Poloniex is suspected of having been hacked, resulting in a loss of assets that could exceed $60 million. The exchange has disabled its wallet for maintenance and has not yet provided any details on the incident. Poloniex has promised to update users on the situation once the wallet is re-enabled. The news has sent shockwaves through the cryptocurrency community, with many traders expressing concern about the security of their funds on the exchange.
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