Hacked cryptocurrency exchange Poloniex has announced that it has made significant progress in restoring its services after a major hack on November 10. The company is now preparing to resume operations.

The hack, which affected Poloniex’s platform, caused a significant breach in security and resulted in the loss of funds for many users. Despite the challenges faced, the exchange has been working diligently to rectify the situation and restore customer confidence.

Poloniex has stated that it has successfully completed most of its restoration efforts. This includes strengthening its security infrastructure and implementing additional measures to prevent future breaches. The exchange has also undergone extensive testing to ensure that all systems are functioning properly before reopening.

Although the exact details of the hack have not been disclosed, Poloniex has reassured users that it is taking steps to compensate those who have suffered losses. The company has set up a dedicated support team to assist affected users and address any concerns or issues they may have.

With the restoration of its services nearing completion, Poloniex has expressed its gratitude to users for their patience and support during this challenging time. The exchange is committed to maintaining a safe and secure platform for its users and will continue to enhance its security measures moving forward.

In conclusion, Poloniex is on track to resume operations soon following the major hack it experienced in November. With its restoration efforts almost complete and additional security measures in place, the exchange aims to provide a safer and more reliable platform for cryptocurrency trading.