Major Hack Affects Entangle (NGL) Token

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.

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.