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Crypto Exchange Loses $80M In Major Heist Involving Ethereum, Binance Smart Chain And Polygon-Based Assets – Bitcoin – United States Dollar ($BTC)

Crypto Exchange Loses $80M In Major Heist Involving Ethereum, Binance Smart Chain And Polygon-Based Assets
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Hot wallet – the wallet where easily accessible funds are kept – of the crypto exchange AscendEX has been hacked and worth tens of millions of dollars Ethereum (CRYPTO: ETH), Smart Binance Series (CRYPTO: BNB) and ribbed (CRYPTO: MATIC) Existing assets have been stolen.

What happened: AscendEX lost about $77.7 million in the hack, according to a Sunday Cointelegraph report. After realizing that the platform was hacked, AscendEX warned But they also reassured them that since the attackers did not have access to the cryptocurrency reserves held in the company’s cold wallet, users’ funds were not affected.

PeckShield Security and Data Analytics from Blockchain mentioned Nearly $60 million in tokens were moved on the Ethereum blockchain, while $9.2 million in assets were stolen on the Binance Smart Chain and $8.5 million on Polygon. The stolen assets include memecoin Shiba Inu (CRYPTO: SHIB) and stablecoins USD . coin (CRYPTO: USDC) and pregnancy (CRYPTO: USDT).

See also: Top 5 Bitcoin and CRYPTO Scams

The report follows the official Twitter Inc. (CRYPTO: TWTR) Indian Prime Minister Narendra Modi’s account has been hacked to promote a Bitcoin (CRYPTO: BTC) scam. The account also spread fake news about the Indian government adopting bitcoin as legal tender and giving away 500 BTC to the country’s citizens.

Related Link: Hackers Steal $200 Million Worth of Shiba Inu, Saitama and Other Tokens from Bitmart Exchange

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