UK Financial Conduct Authority (FCA) has added Poloniex to its warning list, stating that the exchange is operating without authorization.

Cryptocurrency exchange Poloniex, which was previously attacked, has officially announced the resumption of withdrawal and recharge services for some currencies through the TRON network, including USDT, USDD, BTT, WIN, NFT, SUN, JST, USDJ, and USDC, and will gradually resume the recharge and withdrawal services of more currencies in the future.

According to an official announcement, Poloniex is expected to open deposit and withdrawal services at 10:00 on November 30, 2023. Considering security, the platform will gradually open deposit and withdrawal services. This time, TRX's deposit and withdrawal services will be restored first, and BTC/ETH/USDT and other currencies are expected to be gradually opened within two weeks. At the same time, new features on the platform will also be gradually restored as soon as possible. At that time, the deposit addresses of all users will also be updated, and users should use the new address for deposits. If you continue to use the old address for deposits after the address is updated, the deposit will not be credited.

PeckShield monitoring shows that there has been hopeful progress in tracking the stolen funds from Poloniex Exchange, and Justin Sun is offering a $10 million white hat reward.

On November 17th, the official of the cryptocurrency trading platform Poloniex stated that deposit and withdrawal services will be resumed next week after a thorough security check by the team. In order to enhance security, Poloniex has carried out a comprehensive wallet update. After the service is resumed, the deposit addresses of all users will be updated.

Poloniex stated on social media that wallet recovery work has been mostly completed and the Poloniex trading system is running smoothly. Security is being strengthened through the upcoming audit. After the audit is completed, full services will be restored.

Beosin Alert, the Poloniex hacker has exchanged the stolen tokens for over $30 million worth of ETH on Ethereum and over $20 million worth of TRX on Tron, and has transferred the funds to multiple addresses (as shown in the attached image for details of the fund transfer).

Justin Sun, founder of TRON and member of the HTX Global Advisory Committee, announced on social media that the Poloniex team has successfully identified and frozen some assets related to the hacker's address. Currently, the losses are within a controllable range, and Poloniex's operating income can make up for these losses. In addition, Justin Sun stated that the Poloniex team has restored the Poloniex system, preserved relevant evidence, and in the next few days, Poloniex will strive to gradually restore deposits and withdrawals to ensure 100% safety. Poloniex deeply apologizes for any inconvenience caused by this.

SlowMist released an update on the Poloniex hack on X platform: after adding up smaller amounts, it was found that the additional losses caused by the Poloniex hack exceeded about 20 million US dollars. Of note was the transfer of 2,591,744.59 US dollars worth of GLM tokens, with a total impact amounting to about 130 million US dollars.