As Bitcoin, Ethereum and other cryptocurrencies struggled to break out of the red zone, US-based exchange Poloniex has permanently suspended users’ access to Ethereum and ERC-20 wallets. According to the exchange, the platform is being maintained.
“Our ETH and ERC-20 token wallets are currently in circulation for maintenance is excluded. We will update this tweet thread when wallets are reactivated.”
The exchange has promised to activate wallets once maintenance is complete.
The platform has also temporarily suspended access to BNB and BEP-2 wallets.
Likewise, on February 17, Poloniex announced that it had stopped everything have other operations in mode. It was then that Poloniex stumbled upon an unexpected matter and launched an investigation.
The technical support team reassured users that their funds are based on trust. On the other hand, the results of the investigation were not disclosed. However, on the Twitter page, Poloniex has been deactivating and subsequently reopening wallets hosting various cryptocurrencies over the past few days.
At the time of writing, Poloniex has not made a random statement that the situation in question is over. The post will be updated when it is clarified.