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

source-logo  en.bitcoinsistemi.com 09 March 2025 01:00, UTC
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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.

en.bitcoinsistemi.com