Post
Topic
Board Altcoin Discussion
Re: KUCOIN Hacked
by
djmixen
on 26/09/2020, 14:33:41 UTC
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

Kucoin is not the only exchange platform that has been hacked, remember Binance hacked also before and recovered it.
If binance exchange before was being hacked where it was one of the top exchange in the market how much more kucoin, But of course
this exchange(Kucoin) can resolve this issue for sure. Let's give it time.