Poloniex alternate suffers $100M exploit, presents 5% bounty

A crypto pockets belonging to the digital asset alternate Poloniex has skilled suspicious outflows, as seen on blockchain explorer Etherscan. Blockchain safety corporations imagine that the corporate was breached, resulting in as a lot as $100 million in crypto being drained by the attackers.

On Nov. 10, tens of millions of crypto belongings had been transferred from an account labeled Poloniex 4 on Etherscan. Preliminary estimates of the losses had been round $60 million. Nevertheless, it was later decided that over $100 million was taken by the attackers.

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