Hack Drains $114M from Crypto Exchange Poloniex
- Poloniex hot wallets hacked, with estimated $114M stolen based on on-chain data
- Ethereum and Tron wallets drained; hack confirmed by Poloniex investor Justin Sun
- Poloniex founded in 2013, acquired by Circle in 2018, Sun part of recent acquisition
- Crypto exchanges common hacking targets; Poloniex processes $616M volume over past 24 hrs
- Sun offers 5% white hat bounty to hacker before contacting law enforcement