Crypto Exchange Loses $80 Million in Major Attack

Crypto Exchange Loses $80 Million in Major Attack

So, I was scrolling through some latest news and I got to read this on a blog site...Seriously it's shaking my head!!!!!!!!!!!!!!

The Hot Wallet- a wallet where readily accessible funds are held - of cryptocurrency exchange AscentEX   AscendEX was hacked and tens of millions of dollars worth of Ethereum, Binance Smart Chain, and Polygon-based assets were stolen.....(Dafaq...Like how does this shit happen?)

Blockchain security and data analytics firm PeckSheild reported that about $60 million worth of tokens were transferred on the Ethereum blockchain, while $9.2 million of assets were stolen on the Binance Smart Chain and $8.5 million on Polygon.

Assets stolen included meme coin Shiba Inu and Stablecoins, USD Coin, and Tether.

             Duh........People are hacking crypto sites and here I'm still writing blogs.

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   -   Abhishek.

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