KuCoin Crypto Exchange Hacked, Over $150 Million Lost

KuCoin Crypto Exchange Hacked, Over $150 Million Lost
фото показано с : zycrypto.com

2020-9-27 18:11

KuCoin cryptocurrency exchange was hacked. At least $150 million in bitcoin (BTC), ethereum (ETH), and other ERC-20 tokens were drained from its hot wallets. Nonetheless, the price of bitcoin and ETH has remained unaffected by the malicious attack. Decentralized finance (DeFi) is also unfazed by the incident. 0794267552

KuCoin Hacked

On September 6th at around 3.05 UTC, KuCoin started detecting unusually large withdrawals. The hacker reportedly accessed KuCoin’s hot wallets and transferred BTC, ETH, and ERC-20 tokens out of the exchange. User funds worth more than $150 million was stolen.

KuCoin promised to conduct a thorough security audit. It also temporarily suspended the withdrawal and deposit service.

Response To The Hack

The KuCoin team has responded responsibly to the security breach. The exchange’s CEO, Johnny Lyu, held a livestream a few hours ago where he promised that all the affected users will be compensated fully by KuCoin and its insurance fund.

The exchange has also reached out to other major crypto exchanges like Huobi, Binance, OKEx, BitMax, and Bybit in a bid to track down the stolen funds as well as the culprits of the hack.

Fortunately, Bitfinex and Tether successfully froze a total of 33 million of the frozen funds. This is according to the CTO of both crypto firms, Paolo Ardoino.

PSA: re #KuCoin hack@bitfinex froze 13M Tether USDt on EOS as part of the hack@Tether_to just froze 20M Tether USDt sitting on this Ethereum address https://t.co/GYmESH44da as precautionary measure.

Stay safe everyone!

— Paolo Ardoino (@paoloardoino) September 26, 2020

In addition, KuCoin is also working with law enforcement and relevant blockchain projects which will likely make it more difficult for the hackers to steal more funds or even move what they have already pilfered.

KuCoin CEO stated:

“We are in contact with many major crypto exchanges such as Huobi, Binance, OKEx, BitMax and Bybit, as well as blockchain projects, security agencies, and law enforcement to work on this. Some effective measures have been taken, and we will update with more details soon.”

The founder of Tron, Justin Sun, has also pledged his support for KuCoin. Sun noted that Tronscan (Tron blockchain explorer) will flag the hacker’s addresses while Poloniex remains on high alert in case the stolen funds are sent to the exchange.

BTC, ETH Prices Hold Steady

Despite the hack, the price of bitcoin has not reacted negatively. In the past, the price of the top crypto has tanked after a high-profile hack as the bad actors dumped the cryptocurrencies on the market.

The flagship crypto has remained strong, rising by 0.88 percent over the last 24 hours to $10,702.81, as per CoinMarketCap’s data. ETH is also up 2.55 percent over the same time frame.

BTC remaining unaffected by the hack suggests that the current rally has legs.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

KuCoin Shares (KCS) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $9.9109
Капитализация $0 Rank 99999
Цена в час новости $ 0.9098 (-100%)

kucoin eth bitcoin million exchange 150 hacked

Источник: zycrypto.com

kucoin eth → Результатов: 44


Фото:

KuCoin Announces Instant Exchange Service, Allowing Crypto Transaction in Seconds

KuCoin, an IDG-backed global crypto exchange, today announces the Instant Exchange service, allowing instant crypto transaction service for BTC, ETH, LTC, XRP, BCHABC, and USDT. KuCoin Launches Instant Exchange Service KuCoin Instant Exchange service is developed by KuCoin and a top quantitative market maker of the Chicago Mercantile Exchange (CME).

2020-2-27 12:00


Фото:

Биржа KuCoin добавила поддержку платежных карт

Криптовалютная биржа KuCoin добавила возможность покупки BTC, ETH, XRP и LTC с помощью кредитных и дебетовых карт, при этом процесс покупки займет у них 5-30 минут. Об этом она сообщила у себя в Twitter.

2019-2-12 10:00


Фото:

Клиенты криптобиржи KuCoin смогут покупать BTC, ETH, XRP и LTC по платежным картам

Сингапурская криптовалютная биржа KuCoin сообщила, что благодаря интеграции с платежным сервисом израильской финтех-компании Simplex ее клиенты теперь могут покупать BTC, ETH, XRP и LTC с помощью кредитных и дебетовых карт, при этом процесс покупки займет у них 5-30 минут.

2019-2-12 22:50


Хакеры отмыли $3,2 млн со взломанной Cryptopia

Хакеры отмыли порядка $3,2 млн, украденных во время взломов с новозеландской криптобиржи Cryptopia. Данные об отмытых $3,2 млн в криптовалютах приводят аналитики компании Elementus. Интересно, что киберпреступники без труда смогли продать ворованные монеты на других криптобиржах.

2019-2-7 09:05


На Binance можно купить криптовалюту с помощью Visa и MasterCard

Криптовалютная платформа Binance официально подтвердила факт заключения договора о сотрудничестве с процессинговым сервисом Simplex. Это значит, пользователи биржи смогут покупать криптовалюты, используя карты Visa и MasterCard.

2019-2-2 18:47


Биржа KuCoin объявила о листинге криптовалюты Grin

Криптовалютная биржа KuCoin в своём блоге объявила о листинге криптовалюты Grin, в основе которой лежит протокол MimbleWimble, нацеленный на решение проблем масштабирования и приватности.   Биржа анонсировала поддержку торгов по трем парам: GRIN/BTC, GRIN/ETH и GRIN/USDT.

2019-1-24 11:34


Bitcoin, Blockchain and Cryptocurrency News For Today September 18th [VIDEO]

Cardano (ADA) CEO Charles Hoskinson Thought Ethereum (ETH) Would Tank with His Departure Cardano (ADA) CEO Charles Hoskinson Thought Ethereum (ETH) Would Tank with His Departure Optherium Ecosystem's Vivuspay Mobile Banking App for Cryptocurrencies Launches Optherium Ecosystem's Vivuspay Mobile Banking App for Cryptocurrencies Launches Think You can Accurately Predict Bitcoin's Price? KuCoin BTC Giveaway Will […]

2018-9-19 06:02


KuCoin Announces Its Listing Of Decred (DCR) To Their State-Of-The-Art Platform

KuCoin’s promising blockchain asset exchange has once again proven its success as they have listed another unique blockchain based project token, the DCR. DCR is the transaction token of Decred, an autonomous digital currency powered by the blockchain technology Decred (DCR) token is now open for deposit with trading pairs DCR/BTC and DCR/ETH.

2018-9-12 13:07


Биржа KuCoin объявила о листинге Stellar (XLM)

Китайская криптовалютная биржа KuCoin объявила о добавлении токенов Stellar (XLM). Stellar (XLM) is now on KuCoin, you can deposit now. Trading pairs include XLM/BTC and XLM/ETH. Withdrawal opens July 18, 2018 at 22:00 (UTC+8), buying starts July 16, 2018 at 21:30 (UTC+8), and selling starts July 16, 2018 at 22:00 (UTC+8).

2018-7-16 16:13


Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Bitcoin Price Takes a Sharp Dip: Is This Just a Correction?

Bitcoin price is correcting gains from the $73,500 zone. BTC is back below the $70,000 level and showing a few bearish signs. Bitcoin started a fresh decline from the $73,500 zone. The price is trading below $71,500 and the 100 hourly Simple moving average.

Bitcoin Price Nears All-Time High: Can It Push Past the Mark?

Bitcoin price is rallying above the $72,000 zone. BTC is up over 5% and it could soon aim for a new all-time high above $73,500. Bitcoin started a fresh increase above the $70,000 zone. The price is trading above $70,500 and the 100 hourly Simple moving average.

Bitcoin Price Rallies Above $70K: Is a New High Within Reach?

Bitcoin price is rallying above the $70,000 zone. BTC is up over 5% and it could soon aim for a move above the $72,000 resistance zone. Bitcoin started a fresh increase above the $68,000 zone. The price is trading above $70,000 and the 100 hourly Simple moving average.

Bitcoin Price Targets Gradual Rise: Will the Uptrend Hold?

Bitcoin price is attempting a fresh increase above the $67,000 zone. BTC could gain pace if it clears the $68,750 resistance zone. Bitcoin started a fresh increase from the $65,500 zone. The price is trading above $67,200 and the 100 hourly Simple moving average.

Bitcoin Price Eyes Further Gains: Can It Keep Climbing?

Bitcoin price is attempting a fresh increase above the $37,000 zone. BTC could gain pace if it clears the $68,800 resistance zone. Bitcoin started a fresh increase from the $65,200 zone. The price is trading above $67,500 and the 100 hourly Simple moving average.

Bitcoin Price Could Reignite Uptrend: Is a New Surge Coming?

Bitcoin price tested the $65,200 zone before the bulls appeared. BTC is now rising and aiming for more upsides above the $67,500 resistance. Bitcoin extended losses and tested the $65,200 zone. The price is trading below $67,500 and the 100 hourly Simple moving average.