Post
Topic
Board Altcoin Discussion
Re: KUCOIN Hacked
by
pankowri
on 30/09/2020, 18:13:58 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
Yes true and it's not surprising to me. Because I have become habituated to see such things from the last few years. It's very shocking news for the investor and traders for getting hacked their assets from an exchange, on the other hand, it is a matter of joy that Kucoin announced that the affected  fund will be covered completely.