AscendEX

AscendEX

AscendEX suffers a $80M loss after the ERC-20, BSC, and Polygon hot wallet compromise

A hot wallet compromise at crypto trading platform AscendEX resulted in a $77.7 million loss, allowing hackers to access and transfer tokens hosted on the Ethereum, Binance Smart Chain, and Polygon blockchains. AscendEX proactively warned its users about the stolen funds shortly after the discovery, confirming that the hackers were unable to access the company’s […]