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Author Topic: Kucoin Exchange Hacked!  (Read 3974 times)

Offline Triedboy

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Re: Kucoin Exchange Hacked!
« Reply #15 on: September 27, 2020, 04:29:33 PM »
I know kucoin team very strong management.but I heard kucoin coins hacked.I couldn't believe it.so very sad news Many peoples of us have a lot of dollars. We can get tokens to get back.
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Re: Kucoin Exchange Hacked!
« Reply #15 on: September 27, 2020, 04:29:33 PM »

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Offline bananaunana

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Re: Kucoin Exchange Hacked!
« Reply #16 on: September 27, 2020, 04:48:21 PM »
Wow, it is very disappointiong to see KuCoin hacked and many users suffered losses. I did not store coins at KuCoin but KuCoin CEO also said to refund all exchangers users losses.

I like KuCoin very much and hope it won't cause its shutdown because of financial damage to refund all accounts.


Offline Maynul96

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Re: Kucoin Exchange Hacked!
« Reply #17 on: September 27, 2020, 05:08:34 PM »
When i see this News on a Telegram group and other social site, this time i was very Shocked. I cannot believe this news. For this hacking many Users lost their Fund from their wallet. But don’t worry, all Fund will refund Between some Days. (CEO says this)   

Offline Artillery69

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Re: Kucoin Exchange Hacked!
« Reply #18 on: September 27, 2020, 05:19:29 PM »
I know kucoin team very strong management.but I heard kucoin coins hacked.I couldn't believe it.so very sad news Many peoples of us have a lot of dollars. We can get tokens to get back.
Yes, I was very surprised. Can be said kucoin exchange is quite famous. I hope all tokens that have been stolen can get compensation.
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Re: Kucoin Exchange Hacked!
« Reply #19 on: September 27, 2020, 05:36:24 PM »
Yes, I have already heard that kucoin exchange was hacked. BTC was hacked a few days ago and hacked the Twitter accounts of various rich people. Such heinous incidents happen from time to time. I don't think kucoin exchange hack will affect any user. This effect will fall on the moderators, because all of the users will return them. I wish this would not happen.

Offline sky20

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Re: Kucoin Exchange Hacked!
« Reply #20 on: September 27, 2020, 06:14:25 PM »
I have heard that Kucoin exchange hacked but i am not sure. Definitely it is bad news for crypto lover. $150 million assets is big amount and it is really a big losses for the exchange. Everything will be clear with in short of time and what is really happen. 
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Re: Kucoin Exchange Hacked!
« Reply #21 on: September 27, 2020, 06:39:15 PM »
I have heard that Kucoin exchange hacked but i am not sure. Definitely it is bad news for crypto lover. $150 million assets is big amount and it is really a big losses for the exchange. Everything will be clear with in short of time and what is really happen.

It was really hacked and lost 150 million dollars. The good thing here is that Kucoin has promised to pay back all affected users, also the wallet to which all USDT was transferred to has been frozen.

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Re: Kucoin Exchange Hacked!
« Reply #21 on: September 27, 2020, 06:39:15 PM »


Offline MrSpasybo

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Re: Kucoin Exchange Hacked!
« Reply #22 on: September 27, 2020, 11:11:18 PM »
We know that a cold wallet is always safer than a hot wallet, because only the owner of a cold wallet can access the wallet with a hardware product, and the wallet will always be safe while the hardware is offline. However, hot wallets play a more important role in the crypto economy, because trading is the best way to determine or verify token prices.
In the Kucoin case, I think this is just a hack, not an exit scam. KuCoin is too famous and they won't lose their credibility & exchange just for 150M USD.
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Offline vegasus

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Re: Kucoin Exchange Hacked!
« Reply #23 on: September 27, 2020, 11:26:30 PM »
Is this information valid or trustable? I also have an account there, but luckily I don't keep many coins in my exchange wallets. I think hack cases is one of the reasons why we must avoid storing our crypto coins in wallet exchanges for a long time. If we are not trading, it is better to send again our coins to hardware wallets. It is much safer even if we spend more transaction fees.

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Re: Kucoin Exchange Hacked!
« Reply #24 on: September 27, 2020, 11:32:43 PM »
So surprise there. Any exchange can be hacked. Binance has suffered 2 or more hacks. It's not new. However, these exchanges should make it very difficult for these hackers to liquidate those assets. They should enlist the help of the project teams

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Re: Kucoin Exchange Hacked!
« Reply #25 on: September 27, 2020, 11:55:08 PM »
What are the responses from the team of Kucoin? Is there information about it? I still don't get detailed information about this hack. I hope it is only an issue. However, I have no problem with the hack, I don't have a coin in my Kucoin wallets. I never keep many coins on exchange wallets as I know it is high risk. :D
« Last Edit: September 28, 2020, 10:01:59 PM by Cryptoz »
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Offline Renampun

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Re: Kucoin Exchange Hacked!
« Reply #26 on: September 27, 2020, 11:55:28 PM »
I just checked my account on Kucoin. And I have everything there. I don't have too much on this exchange. I recommend everyone to hold their coins on the hardware wallets. I know that sometimes it is necessary to move them on the exchange (when you want to trade). But I also know some people who are always holding their coins on the exchanges. Don't do that!
you are right Mr. President...
It is much safer to store in a private wallet/hardware wallet than in an exchange wallet, exchanges still have vulnerabilities, so just play it safe.
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Re: Kucoin Exchange Hacked!
« Reply #27 on: September 28, 2020, 09:33:21 AM »
When I heard the news, I logged into my account and saw that all the assets I stake were still in place. I do not think that a platform as popular as Kucoin will reflect such problems to its users.

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Re: Kucoin Exchange Hacked!
« Reply #28 on: September 28, 2020, 10:46:30 AM »
When I heard the news, I logged into my account and saw that all the assets I stake were still in place. I do not think that a platform as popular as Kucoin will reflect such problems to its users.
Actually kucoin exchange hacked, only hackers hacked main account bitcoin and Ethereum and others main ranked cryptocurrency but not users account assets. My account also safe and assets also safe.
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Re: Kucoin Exchange Hacked!
« Reply #29 on: September 28, 2020, 12:04:52 PM »
Wow, it is very disappointiong to see KuCoin hacked and many users suffered losses. I did not store coins at KuCoin but KuCoin CEO also said to refund all exchangers users losses.

I like KuCoin very much and hope it won't cause its shutdown because of financial damage to refund all accounts.
No it cant cause the shutdown of the exchange because their cold aallets was not affected and the wallet affected was one of their hot wallets. However, some of the erc2.0 stolen by the hacker are already frozen.

 

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