BREAKING: Overnight Hack Attack – Altcoin Listed on Major Exchanges Hacked, Price Nearly Zeroed in Seconds
An altcoin listed on major cryptocurrency exchanges has most likely fallen victim to a hacking attack.
According to breaking information, the Entangle (NGL) token, which is listed on major cryptocurrency exchanges such as Bybit, MEXC, KuCoin, and Gateio, appears to have been subject to a major hack.
The token’s value dropped by 96% in a short period of time. The token’s total market value was around $17 million before the hack.
Chart showing the decline in NGL price.
The Entangle development team reported in a post on X that they had experienced an issue with the NGL token and were investigating the issue. They also added that they had temporarily stopped the Entangle bridge.
*This is not investment advice.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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