Cryptocurrency Exchange Ascendex Hacked, Loss of Nearly 78

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Experts at PeckShield said the stolen tokens were on three different blockchains. Accordingly, the exchange lost $60 million on the Ethereum chain, $9.2 million on Binance Smart Chain, and $8.5 million on Polygon.

The stolen tokens included a large number of stable coins, such as USDT and USDC. Besides that are some tokens like Taraxa (TARA), Shiba Inu (SHIB), Aave (AAVE) and Compound (COMP).

Jay Kubert, Sales and Business Development Manager at AscendEX, said the exchange was forced to freeze deposits and withdrawals. They are also actively working to reopen them.

Last week, another cryptocurrency exchange, Bitmart, also confirmed that it was hacked. According to analysis from security company PeckShield, the damage of the incident is estimated at nearly 200 million USD.

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