AscendEx exchange hacked, estimated reduction of $ 77.seven million in cryptocurrency

Cryptocurrency exchange AscendEx on the afternoon of December twelve announced that it was attacked by hackers, resulting in the reduction of a big sum of cryptocurrencies.

AscendEx exchange hacked, estimated reduction of $ 77.seven million in cryptocurrency

AscendEx claimed to have found that a big sum of Ethereum, Binance Smart Chain and Polygon tokens had been withdrawn from the wallet all around 05:00 on twelve/twelve (Vietnam time). The exchange confirmed that its cold wallet is nevertheless protected and announced it will compensate these impacted.

Even so, a lot of AscendEx end users declare that they have not been in a position to withdraw or trade for hrs with out warning.

The PeckShield safety unit estimates the complete sum of AscendEx’s reduction to be about $ 77.seven million, primarily in ERC-twenty tokens.

AscendEx ASD Token price tag is “capping” immediately after the hacked trade details is confirmed.

ASD token price tag motion in the previous 24 hrs, in accordance to CoinMarketCap

According to CoinMarketCap, AscendEx is at present the 35th greatest cryptocurrency exchange, with a 24-hour trading volume of more than $ 106 million.

This is the 2nd consecutive week that the exchange has been hacked, ahead of BitMart’s on December 5th with an sum stolen of up to $ 200 million.

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