Cryptocurrency exchange AscendEX suffered a hack for an estimated $77 million following a breach of one its hot wallets . On Sunday, AscendEX announced via Twitter that it had identified a number of unauthorized transactions from one of its hot wallets on Saturday.
Read moreWhat does staking crypto do?
Crypto staking is the process of locking up crypto holdings in order to obtain rewards or earn interest . Cryptocurrencies are built with blockchain technology, in which crypto transactions are verified, and the resulting data is stored on the blockchain.
Read moreIs AscendEX Bitmax?
advertisement Singapore-based cryptocurrency platform AscendEX, formerly known as BitMax , has raised $50 million in a Series B funding round.
Read moreIs AscendEX centralized?
Operating at the nexus of centralized finance and decentralized finance , AscendEX’s platform features access to futures and spot trading, a robust wallet infrastructure, and staking support for over 200 industry-leading blockchain projects, all producing industry leading yields and returns, further driving the growth …
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