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Altcoin Discussion
Re: KUCOIN Hacked
by
themohit
on
30/09/2020, 05:35:51 UTC
Quote from: reza7777 on September 26, 2020, 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
Right after they went into partnership with poloniex.
Hopefully, kucoin won't struggle to compensate lost funds