AscendEX loses $80M following ERC-20, BSC, Polygon scorching pockets compromise By Cointelegraph

Crypto buying and selling platform AscendEX suffered a lack of $77.7 million in a scorching pockets compromise that allowed hackers to entry and switch tokens hosted over the (ETH), Binance Good Chain (BSC) and Polygon (POLY) blockchains.

Quickly after realization, AscendEX proactively warned its customers concerning the stolen funds, confirming that the hackers weren’t capable of entry the corporate’s chilly pockets reserves.

Switch of stolen tokens on Bitmart. Supply: PeckShield