Poloniex May Soon Release White Hat DAO’s Frozen ETCs
Poloniex, the leading digital currency exchange has announced that it is waiting for a response from the law enforcement agencies before it could release ETC belonging to White Hat DAO team. Poloniex, one of the leading digital currency exchanges, is waiting for clearance from law enforcement agencies before it can release millions of dollars’ worth of Ethereum Classic (ETC) tokens. The exchange made an announcement about the recent developments on Twitter earlier today. Earlier this month, Poloniex, along with Kraken, received over $10 million worth of ETCs from the so-called White Hat....
Related News
The role of few Ethereum developers is speculated in the recent attempt to exchange over 7 million ETC's retrieved from the DAOs associated with the recent attack. Did the Ethereum Foundation secretly try to kill its sibling rival Ethereum Classic? The question may never be answered. But according to reports, few developers from the Ethereum Foundation may have been involved (in an individual capacity) in the recent attempt to dump close to 8 million ETC tokens into exchanges. The reports started emerging after the cryptocurrency exchanges Poloniex and Kraken received over $10 million....
Poloniex, a global cryptocurrency exchange that has been on the scene since 2014, collaborated with APENFT to integrate a one-stop NFT platform. Eddie Jiang, Poloniex Head of Marketing, discussed the reasons behind cooperation and the future development of NFT and metaverse in a recent interview with Bitcoinist. Q: Can you tell us what led Poloniex […]
All of this comes on the heels of the self-professed white hat hackers stating how “the funds are secure”. There seems to be some confusion regarding the white hat hackers who allegedly obtained the 7 million ETC from The DAO assailant. Whereas most people were under the impression this funds would be returned to DAO token holders, the reality is very different. Several of the transactions were sent to Kraken and Poloniex addresses. There is no official statement as to why this decision was made, or what it even means. Keeping 7 million Ethereum Classic coins is not an easy task. Even if....
US digital currency exchange Poloniex has released a new update on the customer repayment plan it implemented following the loss of 12.3% of its total bitcoins in a March attack. In a new press release, Poloniex claims 100% of the customers who experienced a financial loss have been reimbursed after a hacker or hackers reportedly exploited a vulnerability in the exchange's coding in order to steal the funds. Speaking to CoinDesk, Poloniex owner Tristan D'Agosta indicated his belief that customers have been adequately and successfully compensated for the site issues, stating: "97 BTC were....
In a shock announcement, cryptocurrency exchange Poloniex announced it will suspend service to New Hampshire residents from October 6. New Hampshire Residents Must Withdraw Funds. Poloniex posted this announcement on its site: “Due to changes in New Hampshire’s regulatory statute as it applies to cryptocurrency, Poloniex will temporarily suspend New Hampshire account creation until further notice.” This means New Hampshire residents currently using Poloniex will need to close open orders and withdraw funds. This includes those with open margin positions. Poloniex is notifying all affected....