Quote from: Fesatmas on September 26, 2020, 03:44:56 PM

Quote from: sukoyomi on September 26, 2020, 11:44:04 AM

Quote from: gembira on September 26, 2020, 07:08:08 AM

Btw: Kucoin was hacked today (150 mln were stolen) and 8 mln $ worth UTK token were stolen too (54.9 mln tokens)

https://etherscan.io/address/0xeb31973e0febf3e3d7058234a5ebbae1ab4b8c23

Yeah I've heard it, it's really messy. With the large number of tokens that the hacker got from Kucoin hot wallet, I think in the near future there will be many tokens that will experience a price decline, especially UTK token. But I heard that the CEO is going to do something for user funds.

Currently there is still no significant decline after the news about the hack from KuCoin which has been successfully stolen from the market, but surely in the future, the hack will sell the tokens that have been obtained and this will have a very bad impact if he makes a sale blindly.

This hacker has been already started selling tokens (Ocean protocol and Synthetix Network via Uniswap exchange). Are utrust team going to do something with this issue? They should re-issue tokens I guess...