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Learning & News => News related to Crypto => Topic started by: newshunter on December 14, 2021, 01:00:27 PM

Title: AscendEX loses $80M following ERC-20, BSC, Polygon hot wallet compromise
Post by: newshunter on December 14, 2021, 01:00:27 PM

AscendEX loses $80M following ERC-20, BSC, Polygon hot wallet compromise

Out of the lot, around $60 million worth of tokens were transferred over the Ethereum blockchain alone. Tokens stolen from BSC and Polygon are worth $9.2 million and $8.5 million, respectively.

Source: AscendEX loses $80M following ERC-20, BSC, Polygon hot wallet compromise (https://cointelegraph.com/news/ascendex-loses-80m-following-erc-20-bsc-polygon-hot-wallet-compromise)

Would appreciate your opinion about this

Title: Re: AscendEX loses $80M following ERC-20, BSC, Polygon hot wallet compromise
Post by: Gravatai on December 15, 2021, 12:18:18 PM

The main thing is that users did not suffer and did not lose their funds. At least that's what the stock exchange representatives said. I try to trade on large exchanges so that the likelihood of losing funds is less