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More than $100 million stolen from Poloniex crypto platform

2023-11-12, TheRecord
https://therecord.media/poloniex-cryptocurrency-platform-millions-stolen
#Poloniex #News

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More than $100 million stolen from Poloniex crypto platform
Hackers stole more than $100 million from cryptocurrency trading platform Poloniex on Friday, taking off with millions worth of Bitcoin and Ethereum.
The platform confirmed on social media that it is investigating the theft and that it plans to fully reimburse those who were affected by the hack.
Poloniex said it would pay 5% of what was stolen as a bounty to the hacker in exchange for the return of the funds.
“We kindly request your response within the next 7 days to consider this offer before we involve law enforcement,” they said in a public message to the hacker.
“Additionally, we are exploring opportunities for collaboration with other partners to facilitate the recovery of these funds.”
The controversial company was founded in 2014 before being acquired in 2018 by Circle —- the crypto giant behind the U.S. dollar pegged coin USDC. The company was known for …