Popular Cryptocurrency Exchange Hacked: Big Loss!

The cryptocurrency exchange, which was founded in 2018 under the name BitMAX, has now been attacked. BitMAX The cryptocurrency exchange, which entered the market as AscendEX, was attacked for the third time on December 11 and suffered a great loss. Although it is not known exactly how the cryptocurrency exchange, which was attacked 3 times in just 2 weeks, has a deficit, the news is of the kind that will reduce the confidence in the stock market.

AscendEX Hacked!

The exchange, which stopped all deposits and withdrawals, learned that it was hacked after the security audit report published and the notification that many cryptocurrencies were transferred from hot wallets. Looking at the reports published by Peckshield, it seems that many cryptocurrencies based on ERC-20 and Binance Smart Chain have been stolen.

It is reported that some assets based on the Polygon network were also stolen, with a total loss of more than $77 million. AscendEX, on the other hand, emphasized that all stolen user funds will be arranged in a statement on the subject. It is reported that the loss of ERC-20 tokens is $ 60 million, BSC-based tokens are worth $ 9.2 million, and those based on the Polygon network are worth $ 8.5 million. The biggest hit was on a little-known cryptocurrency called TARA.

The fact that the cryptocurrency exchange kept so many funds in a hot wallet and was hacked 3 times in a row, received a great reaction and it seems that there is a serious rain of criticism against the crypto money exchange at the moment.

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