Blockchain Safety First: Poloniex Recovers Bitfinex Stolen BTC

Some of the main concerns the crypto era faces are safety and security. The great innovation of digital assets offers many benefits for its users, such as anonymity, but the same tools can also be used with ill intentions. For this reason, the best crypto-related platforms are the ones that can offer trust and safety, like the exchange Poloniex, which prioritizes the security of its users. Poloniex is a cryptocurrency exchange where users of all experience levels can trade more than 300 digit assets and over 450 markets like Bitcoin (BTC), Ethereum (ETH), TRON (TRX), and other altcoins. It focuses on delivering a safe and secure experience to the users during every transaction. “We prioritize the investment in secure operations and strive to provide industry-leading security and stability.” Poloniex is ranked by CoinMarketCap as the 18th largest cryptocurrency exchange by dollar-value volume with $119 million in the previous 24-hour period. Hackers and fraudsters can unbalance the ecosystem, but Poloniex minimizes risks and exposure to unauthorized access, cyber-attacks, and other vulnerabilities, by storing the majority of deposits in offline wallets through air-gapped cold storage. It is vital for crypto platforms to provide this level of safety. As Market Insider reports, in 2021 the ecosystem has seen 32 hack and frauds events, which amounts to a total value of $2.99 billion. Breaches to exchanges are amongst the most comm...