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ID:

ascendex-172

Date:

Status:

Incident Count:

December 12, 2021

Verified

1

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REKT

Contributor:

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zerofriction.io

KYC By:

KYC:

None

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Audit By:

Audits:

None

Loss Amount:

77,700,000

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Recovered:

-

Rewards:

Currency:

USD

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Key Indicators

Platform:

Type:

Category:

Method:

Data Sources:

Ethereum, Polygon

Exchange

Assets

Key Management

Extended Method:

Private key leak, hot wallet

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Days in Operation:

1566

(4.29 Years)

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According to the official announcement, at 6 o’clock on December 12th, Beijing time, the internal security audit report of AscendEX found that some ERC-20, BSC and Polygon tokens were abnormally transferred out of the exchange’s hot wallet, and the AscendEX cold wallet was not affected by this incident. . It is estimated that Pinnacle AscendEX’s losses totaled US$77.7 million (of which US$60 million was on Ethereum, US$9.2 million was on BSC, and US$8.5 million was on Polygon).

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