BITCOIN NEWS: AscendEX Hot Wallets Hacked and Losses $80M

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Ebube Oge

Writer/Author at OGE LALA BUSINESS CONCEPT

Oge Ebube, a Blog writer and songwriter who is popular known as 6ixGig Willi, He is the owner of OGE LALA BUSINESS CONCEPT.

Oge began writing blog post in 2017 after finishing his Secondary Education at Saint Patrick's Secondary School Enugu. He attended Zhejiang University of science and technology at the department of Digital Media Technology also currently schooling at Enugu State University of science and technology (ESUT) In the department of Geology and Minning. Oge Ebube has many works in Music and he is currently writting a short novel 'Je suis Prisoner: I'm a Prisoner'.

Email: ogeebube@validnewstoday.com

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It’s a new month and yet a new hack again as another Cryptocurrency Community have been hacked today December 12th.

While many security firms and new technologies exist, hacking is still common.

This was at early morning that the AscendEX Platform was hacked.

AscendEX is a global cryptocurrency exchange and the hackers had targeted the hot wallets heavily, while of the cold wallets have been hacked and all cold wallets are completely secure.

The group of hackers had hacked into hot wallets, which had mostly Ethereum (ETH) coins, Binance Smart Chain (BSC), and Polygon (POLY) coins.

Amid the hack, the AscendEX Officials said that they would cover up for whatever be the losses for the users of the account hacked.