Poloniex, a crypto exchange backed by embattled digital-asset entrepreneur <-bsp-person state=”{“_id”:”0000018b-b9b2-d992-a1df-bdfe85dd0000″,”_type”:”00000160-6f41-dae1-adf0-6ff519590003″}”>Justin Sun-bsp-person>, suffered a breach on Friday in which it appears to have lost more than $100 million in assets.
Cryptocurrency exchanges, many of which still operate with little to no regulation, have been plagued by attacks from hackers looking to exploit vulnerabilities in the underlying software since the birth of the sector almost a decade ago. Poloniex, which isn’t available to US residents, is known for its low trading fees and large listing of tokens.
A portion of the assets appear to have been transfered to the TRON blockchain, …