Quote from: reza7777 on Today at 11:14:32 AM

Singapore-based cryptocurrency exchange KuCoin today underwent a hot wallet hack, hacker managed to bring in about 157 million dollars, but luckily kucoin cold wallet is safe and all hacked funds will be completely replaced by kucoin.

Once again, cybersecurity is MANDATORY in the current crypto environment

Hacker wallet https://etherscan.io/address/0xeb31973e0febf3e3d7058234a5ebbae1ab4b8c23
source https://www.kucoin.com/news/en-kucoin-security-incident-update

have just read this recently about the said hacking in twitter,Kucoin is the best trading platform like Binance ,with the tight security of this exchange yet hackers come to penetrate ,so what about other Big exchange?
are we not safe as well?
this is the reason why we must not let our cryptos in exchange,for our own securities.

Quote from: sarmrakib on Today at 12:45:31 PM

I have seen this news its a huge amount been hacked .I think they should need to take more steps on security to protect the attack .However, pleased to know that cold wallet are still safe .Hopefully they will recover soon.

actually not as big as how hackers of exchange targeting but this will reflect in the whole market now,because some users will surely panicked because of this incident .