Ascendex chopped-Exchange loses $ 77 million in ERC20, BSC and polygon tokens-

Ascendex chopped-Exchange loses $ 77 million in ERC20, BSC and polygon tokens-

Ascendex, a cryptocurrency exchange, suffered a security violation that enabled hackers to take control of some of the wallets of the stock exchange. The attack focused on hot wallets, in which funds are kept as a buffer to take care of the customers' withdrawal. The company announced that these funds be reimbursed to all affected users. Peckshield, a security and auditing company, estimates the losses at around $ 77 million.

Ascendex Hot Wallets ransacked

yesterday Ascendex, a cryptocurrency exchange, reported a security violation caused by a hack attack that concentrated on the hot wallets of the stock exchange. The company quickly recognized the attack and carried out a number of security procedures to protect its cold wallets. While the stock exchange did not publish any numbers for the attack, Peckshield, a security and blockchain audit company, examined the hack and The losses amount to around $ 77 million.

The hack aimed at Hot Wallets from Ethereum, BSC and Polygon networks, with the greatest value being deducted into ERC20 tokens. These tokens worth $ 60 million were stolen from the hack, followed by $ 9.2 million in BSC tokens and $ 8.5 million in polygon tokens. Heckenschild A detailed report about which tokens were stolen and how much stolen in every token.

ascendex-answer

aszendex issued an opinion on the event and informed the public about the measures that are carried out after the hack. Ascendex will primarily reimburse all stolen funds for the affected users, as it explained that "the affected assets make up a relatively small percentage of the entire stock market assets". The stock exchange transferred the unaffected assets to their cold wallets and has since exposed the payments for its customers.

The second part of his reaction to this hack has to do with the examination how this happened and who the party could be behind it. In this sense, the company announced that it already works with forensic blockchain companies and law enforcement authorities to find out what really happened and to prevent the stolen funds from being transferred freely between the stock exchanges.

ascendex also reported that small projects are affected by this hack and that some of them are trying to re -issue tokens to the owner. This affects low liquidity and new projects that were noted on the stock exchange. This is the second top -class hack that suffer from centralized stock exchanges in December. Bitmart, another cryptocurrency exchange, lost $ 200 million in a Attack Actor on 6. December.

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