Hackers drain $80 million from AscendEx
Wallets on three blockchains were compromised
Hackers are now targeting exchanges’ hot wallets
Over the last few months, hackers have been on the prowl in the crypto sector, emptying millions in funds from wallets belonging to exchanges. Although the centralized sector of the market has not been affected too much, the decentralized sector has suffered massively. In another attack on an exchange, AscendEx has announced that its firewalls has been breached causing hackers to drain about $80 million from the exchange.
AscendEx wallets on three blockchains breached
According to the statement by the exchange, the hackers targeted its hot wallets spread across Ethereum, Polygon, and the Binance Smart Chain network. With the exchange noticing the massive withdrawals, it alerted its users about the breach. However, the exchange has mentioned that only the hot wallets were breached with their cold wallets not suffering any breach.
