Nonlogs news
Nonlogs back online and all user balance returned
We're happy to announce Nonlogs is fully back online and ready for trading!
Trading, deposits, and withdraws have all been re-enabled, and we've fixed a large amount of bugs across our platform.
We have also changed our policy on how we handle funds. The old system kept all user deposits on one large hot wallet meaning if someone hacked the site they could drain it of all the coins.
The new system stores funds in an offline cold storage and as user's withdrawal we move needed funds to the hot wallet.
All users have been refunded
Too show my commitment to building the best privacy exchange I have paid all users back using my own funds. All Monero and Bitcoin balances have been returned. As for Wownero, there is not enough liquidity to pay back the 500K+ coins that were stolen so we paid back users in Dogecoin.
Moving forward with NonLogs
The exchange is now fully operational and ready to trade on again. We encourage users to withdrawal their funds for safe keeping.
Thank you all for your patience and continued trust in our platform.