Cryptocurrency Exchange AscendEX Has Been Hacked!

Cryptocurrency exchange AscendEX has been hacked. AscendEX announced that it was hacked.

AscendEX (formerly known as BitMax), one of the leading cryptocurrency exchanges, announced that it was hacked. In the statement made by the exchange today morning, it was announced that it was determined that ERC-20, BSC and Polygon tokens were transferred from their hot wallets. It was reported that the incident took place at 01:00 CEST. In addition, the exchange stated that the assets in cold wallets are protected and the investigation is still ongoing. According to the statement, the damages of the users will be fully covered by AscendEX. While the deposit-withdrawal transactions are stopped, work continues to reopen. According to estimates from security company PeckShield, hackers stole about $78 million in cryptocurrencies. ERC-20 tokens account for $60 million of stolen cryptocurrencies, $9.2 million to BSC tokens, and $8.5 million to Polygon tokens. Among the stolen coins are large amounts of USDT and stablecoins such as USDC. According to SimilarWeb data, AscendEX received 3.3 million visits over the past month. 9 percent of the visits to the stock market were made from Turkey. Another crypto exchange BitMart was hacked in the past days, and it was announced that there was a loss of 200 million dollars. The BitMart hacker sent the stolen cryptocurrencies to the Ethereum transaction mixing service Tornado Cash, making these transactions difficult to track.