Poloniex Incident Analysis
Contents
Poloniex Incident Analysis
2023. 11. 15.
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Poloniex Incident Analysis
Introduction
On 10th November, Poloniex wallets on Ethereum, Tron and BTC were compromised leading to an overall loss of approximately $132 million. In total, the stolen funds have passed through at least 681 wallets as assets are being laundered. This is the second largest private key compromise that CertiK has detected in 2023. Just 40 incidents involving private key compromises have accounted for 57% of the overall losses in 2023, demonstrating how devastating private key compromises can be.
Event Summary
On 10th November, suspicious movements of funds were detected originating from Poloniex hot wallets on Ethereum, Tron and BTC. The total lost in this incident is approximately $132 million worth of assets, with the majority lost on the Ethereum Network. At the time of writing, the funds have passed through over 600 wallets on Etheruem and 70 wallets on Tron. The funds have …
2023. 11. 15.
Twitter Logo
Telegram Logo
Reddit Logo
Reddit Logo
Poloniex Incident Analysis
Introduction
On 10th November, Poloniex wallets on Ethereum, Tron and BTC were compromised leading to an overall loss of approximately $132 million. In total, the stolen funds have passed through at least 681 wallets as assets are being laundered. This is the second largest private key compromise that CertiK has detected in 2023. Just 40 incidents involving private key compromises have accounted for 57% of the overall losses in 2023, demonstrating how devastating private key compromises can be.
Event Summary
On 10th November, suspicious movements of funds were detected originating from Poloniex hot wallets on Ethereum, Tron and BTC. The total lost in this incident is approximately $132 million worth of assets, with the majority lost on the Ethereum Network. At the time of writing, the funds have passed through over 600 wallets on Etheruem and 70 wallets on Tron. The funds have …