Overnight Hack Attack – Altcoin listed in the main exchange hacked, priced almost zero in seconds

According to Breaking Information, Entangle (NGL) tokens listed on major cryptocurrency exchanges such as Bybit, MexC, Kucoin, and Gateio seem to be the subject of major hacks.

The token value fell 96% in a short period of time. The total market value of the token was about $17 million before the hack.

A chart showing a decline in NGL prices.

In an X post, the Entangle development team reported that they had experienced an NGL token issue and were investigating the issue. They also added that they temporarily stopped the entangled bridge.

*This is not investment advice.