Where is AscendEX?

AscendEX is based in Singapore and closed a $50 million Series B funding round in November, with investments from Polychain Capital, Jump Capital, Alameda Research, and others. The company was founded in 2018 under the name “Bitmax” before switching to AscendEX.

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Is AscendEX hacked?

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.

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Is 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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