AscendEX loses $80M following ERC-20, BSC, Polygon hot wallet compromise -Breaking
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AscendEX lost $77.7 Million in crypto trading after a hot wallet breach that enabled hackers to gain access to and transfer tokens stored over the Polygon, Binance Smart Chain and Binance Smart Chain blockchains.
AscendEX began to take proactive measures soon after this realization. Warned its users about the stolen funds, confirming that the hackers were not able to access the company’s cold wallet reserves.
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