Category: Poloniex Hack

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Poloniex Hack Analysis: North Korean Hacking Syndicate Lazarus Group Suspected in Wallet Breach

The North Korea-backed hacker group is thought to be behind the Nov. 10 Poloniex hot wallet breach. A market research platform has said “a leakage of the private key” could be the reason why the hot wallet got breached. Private Key Leakage According to X-explore, a market research platform, the recent Poloniex hacking…
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Poloniex exchange suffers $100M exploit, offers 5% bounty

Over $100 million in digital assets were transferred from a wallet belonging to crypto exchange Poloniex in what security firms believe to be a massive hack. A crypto wallet belonging to the digital asset exchange Poloniex has experienced suspicious outflows, as seen on blockchain explorer Etherscan. Blockchain security firms believe that the company was breached,…
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Poloniex Hit by $114 Million Hot Wallet Heist; Justin Sun Pledges to Recover Funds

Onchain data and reports have highlighted unusual outflows from cryptocurrency exchange Poloniex, prompting concerns of a possible hot wallet breach worth approximately $114 million. Justin Sun, the exchange’s proprietor and Tron’s creator, has stated that the incident is under investigation. Poloniex’s Hot Wallets Breached in $114M Hack The breach at the centralized digital currency platform…
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