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BREAKING: Overnight Hack Attack – Altcoin Listed on Major Exchanges Hacked, Price Nearly Zeroed in Seconds

BREAKING: Overnight Hack Attack – Altcoin Listed on Major Exchanges Hacked, Price Nearly Zeroed in Seconds

BitcoinsistemiBitcoinsistemi2025/03/09 02:55
By:Mete Demiralp

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.

BREAKING: Overnight Hack Attack – Altcoin Listed on Major Exchanges Hacked, Price Nearly Zeroed in Seconds image 0 BREAKING: Overnight Hack Attack – Altcoin Listed on Major Exchanges Hacked, Price Nearly Zeroed in Seconds image 1 Chart showing the decline in NGL price.
Related News White House Official X Account Shares Unexpected Bitcoin Post

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.

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