Poloniex: Withdrawals 'Temporarily Disabled' for Litecoin, Steem, Steemdollar, Ethereum

in #altcoin7 years ago (edited)

Poloniex are in trouble again: after freezing Ethereum deposits and withdrawals earlier, the latest casualties on this exchange now also include Litecoin, Steem, Steemdollars, Vcash, and a few others.

It is not clear at the time of writing what's behind Poloniex' latest move -- whether they are suffering yet another DDoS or other attack, or whether the claimed difficulties with the block indeces of the coins involved really exist.

The latter would be hard to imagine as I have used Litecoin and the Litecoin block index myself and did not see any malfunctioning or similar 'reasons' for that Poloniex move.


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One advice dont keep all your coins in only one exchange.

Oh come on Poloniex! Thanks for the news though, this is good to know.

thanks -- will try and post a follow-up when they got to grips with their mess again...

Litecoin is back up on Poloniex and working again -- that temporary problem appears to have been solved now. Steem and steemdollars continue to be temporarily disabled though.

Just an update here, as promised earlier.

Wow, I hope they get litecoin up and running again soon on their exchange. That's big business.

I suppose they will. I am not saying this is anything like a Mt-Goxy type of situation there, rather Poloniex seem to be into yet another round of "growing pains". That's almost equally bad though if you cannot use your own money the way you please nor continue trading with it as planned...

LTC withdrawal "awaiting approval" for 5 days, 3 tickets, no any reply from poloniex

the awaiting approval problem is a different one though and regularly happens at Poloniex when they deem that manual intervention is necessary (independent of temporarilty disabled blockchains or blockindeces).

Previous experience shows that these things can take a few more days there -- unpleasant but not too unusual...