"All your funds are safe" is hardly ever true, I don't trust that big hats of Kucoin will shell out the cash to repay the lost money. It's just not usually the case man.
They said they have insurance to cover up these things so lets see if they will pay all the money that has been stolen just like what Binance did and keep their reputation up.
Its hard to put large amount of money on any exchanges even if they are good as long as you have no control on your wallet, the risk will always there. I admire those who trade big money in exchanges, stay safe everyone.