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Poloniex says it will start resuming deposits on Nov. 30 with TRX, the cryptocurrency of Justin Sun’s Tron blockchain. Cryptocurrency exchange Poloniex is preparing to resume withdrawals and deposits after suffering a $100-million hack on Nov. 10. Poloniex took to X (formerly Twitter) on Nov. 29 to announce that it will be gradually resuming deposit and withdrawal services on Nov. 30 at 2:00 am UTC. The crypto exchange stressed that it will implement a phased resumption of the services to “prioritize the safety” of user funds. Poloniex will specifically start restoring Tron (TRX) deposits and withdrawals first, followed by Bitcoin (BTC), Ether (ETH), Tether (USDT) and other cryptocurrencies “within the next two weeks,” the announcement said. In addition to restoring withdrawals , Poloniex said it is actively working on introducing new listings, which will be available in the near future. The exchange also requested that all users utilize the newly updated deposit addresses once the...

Join Our Telegram channel to stay up to date on breaking news coverage The Nigerian government is eager to steer its economy toward cryptographic payments in light of the successful rollout of the digital Naira. Cash withdrawals from government accounts will end on March 1, according to Modibbo Tukur, Chief Executive Officer of the Nigerian Financial Intelligence Unit. Tukur stated that the action is consistent with the government’s need to combat illegal activity at all levels. Cash withdrawals from government accounts will therefore be noted for investigations into money laundering.he told reporters that “On March 1, we are going to start money laundering and corruption investigations if there is a cash withdrawal from a government account, even if it is one naira,” The nation has been plagued by Boko Haram-style terrorist radicals, and by digitizing the economy, they hope to stop providing them with financial assistance. It’s interesting to note t...