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Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Selina31 on September 26, 2020, 10:44:41 AM

Title: Kucoin Exchange Hacked!
Post by: Selina31 on September 26, 2020, 10:44:41 AM
A popular exchange KuCoin is reportedly being hacked with $150 million worth of cryptos including Bitcoin and other ERC-20 tokens. Is this Hack or An Exit Scam?? Know more https://the Url is blocked due to spam #Cpspam/news/offline-or-cold-crypto-wallets-are-more-secure/
Title: Re: Kucoin Exchange Hacked!
Post by: Sharpmax on September 26, 2020, 11:01:58 AM
A popular exchange KuCoin is reportedly being hacked with $150 million worth of cryptos including Bitcoin and other ERC-20 tokens. Is this Hack or An Exit Scam?? Know more https://the Url is blocked due to spam #Cpspam/news/offline-or-cold-crypto-wallets-are-more-secure/
I am a trader of daily basis. I have 0.045btc in my kucoin exchange Wallet. Can I get back my assets again.?
Title: Re: Kucoin Exchange Hacked!
Post by: Galley on September 26, 2020, 12:25:15 PM
A popular exchange KuCoin is reportedly being hacked with $150 million worth of cryptos including Bitcoin and other ERC-20 tokens. Is this Hack or An Exit Scam?? Know more https://the Url is blocked due to spam #Cpspam/news/offline-or-cold-crypto-wallets-are-more-secure/
I am a trader of daily basis. I have 0.045btc in my kucoin exchange Wallet. Can I get back my assets again.?

For such a large exchange, these are significant, but not critical losses.  I think, even for the sake of maintaining their authority, they will compensate everything in full.  The prestige is expensive.
Title: Re: Kucoin Exchange Hacked!
Post by: wawan96 on September 26, 2020, 03:17:45 PM
I am a trader of daily basis. I have 0.045btc in my kucoin exchange Wallet. Can I get back my assets again.?
you do not need to worry because bitcoin you will be replaced by kucoin if your balance has been taken so you do not need to worry or panic stay calm because bitcoin you should be safe and bitcoin is still the same you just pray you do not lose your money myself have to withdraw to the wallet so asset of all is safe.
Title: Re: Kucoin Exchange Hacked!
Post by: mnixxo.crypto on September 26, 2020, 04:27:45 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!
Title: Re: Kucoin Exchange Hacked!
Post by: gunhell16 on September 26, 2020, 04:37:50 PM
A popular exchange KuCoin is reportedly being hacked with $150 million worth of cryptos including Bitcoin and other ERC-20 tokens. Is this Hack or An Exit Scam?? Know more https://the Url is blocked due to spam #Cpspam/news/offline-or-cold-crypto-wallets-are-more-secure/
I am a trader of daily basis. I have 0.045btc in my kucoin exchange Wallet. Can I get back my assets again.?

As far as I know, kucoin gave updates to their users where their assets will be safe to their own wallet. Only for the meantime, the deposit, and withdrawal are both temporarily suspended while they are resolving the issues. And according to also to other users of Kucoins their own coins still in the wallet were it was stored.
Title: Re: Kucoin Exchange Hacked!
Post by: Michael.sol on September 26, 2020, 05:03:18 PM
I heard about it , this is really bad sign that Kucoin haven't tight security . I checked my wallet I have some VI coin their . I really shocked that my fund still their .
I think hackers steal those coin who have highly worth in it . Due to this hack alot of coin lost their value as well volume . Hopefully Kucoin users get back their fund.
Title: Re: Kucoin Exchange Hacked!
Post by: hair on September 26, 2020, 05:08:49 PM
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).
Yes, it is a safe way to store large amounts of our assets due to its high security system rather than using exchange.
Title: Re: Kucoin Exchange Hacked!
Post by: Rain075 on September 26, 2020, 05:42:29 PM
I apologize on my behalf.  The hacking of the Kucoin Exchange has resulted in a loss of 150 150 million.  It seems to me that the cryptocurrency has suffered a lot in the hack of Kucoin Exchange.  Many of us have a lot of dollars and tokens to get back.  And I hate those who do all these things.
Title: Re: Kucoin Exchange Hacked!
Post by: Alcor on September 26, 2020, 06:46:34 PM
A popular exchange KuCoin is reportedly being hacked with $150 million worth of cryptos including Bitcoin and other ERC-20 tokens. Is this Hack or An Exit Scam?? Know more https://the Url is blocked due to spam #Cpspam/news/offline-or-cold-crypto-wallets-are-more-secure/
I am a trader of daily basis. I have 0.045btc in my kucoin exchange Wallet. Can I get back my assets again.?
Representatives of this exchange have already issued a statement that all victims of the hacking of their exchange will be reimbursed for their losses. For cryptocurrency exchanges, their reputation is paramount. True, in the process of compensation for damage, the exchange may require the provision of additional documents and information that, for various reasons, the victims will not be able to provide. Therefore, you need to remember about such cases and provide reliable information to the exchanges before entering it.
Title: Re: Kucoin Exchange Hacked!
Post by: Fivestar4everMVP on September 26, 2020, 09:23:52 PM
This is absolutely unbecoming, how does this hackers manage to pull off hacks like this,?? I mean is it possible with out an insider giving information to the hackers??
Title: Re: Kucoin Exchange Hacked!
Post by: Jawahara on September 26, 2020, 10:23:01 PM
A popular exchange KuCoin is reportedly being hacked with $150 million worth of cryptos including Bitcoin and other ERC-20 tokens. Is this Hack or An Exit Scam?? Know more https://the Url is blocked due to spam #Cpspam/news/offline-or-cold-crypto-wallets-are-more-secure/

Quite unfortunate for a big exchange like Kucoin to be hacked easily. On the good side of the news, the wallet housing the stolen USDT has been frozen, all thanks to Kucoin team and supportive roles played by supporting companies as well.
Title: Re: Kucoin Exchange Hacked!
Post by: Black ID on September 27, 2020, 03:16:16 AM
reading the news about Kucoin, really scared me. If a system as reliable as I just broke into it, what about the others? Gotta be really more selective. Maybe Kucoin will come back again?
Title: Re: Kucoin Exchange Hacked!
Post by: syedrasool2011 on September 27, 2020, 11:38:37 AM
I have $300 worth of a certain crypto that I have to leave temporarily in the exchange for a certain reason. I've just checked and it is still there. I always move coins to hardware wallets as soon as possible.
Title: Re: Kucoin Exchange Hacked!
Post by: Hometown on September 27, 2020, 12:41:21 PM
A popular exchange KuCoin is reportedly being hacked with $150 million worth of cryptos including Bitcoin and other ERC-20 tokens. Is this Hack or An Exit Scam?? Know more https://the Url is blocked due to spam #Cpspam/news/offline-or-cold-crypto-wallets-are-more-secure/
I am a trader of daily basis. I have 0.045btc in my kucoin exchange Wallet. Can I get back my assets again.?
I read all announcement of kucoin team management. Hackers hacked $150 million equivalent assets but they keep promises that they refund the hacked money to the investors and traders.
Title: Re: Kucoin Exchange Hacked!
Post by: Triedboy 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.
Title: Re: Kucoin Exchange Hacked!
Post by: bananaunana 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.

Title: Re: Kucoin Exchange Hacked!
Post by: Maynul96 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)   
Title: Re: Kucoin Exchange Hacked!
Post by: Artillery69 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.
Title: Re: Kucoin Exchange Hacked!
Post by: Tnoy30 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.
Title: Re: Kucoin Exchange Hacked!
Post by: sky20 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. 
Title: Re: Kucoin Exchange Hacked!
Post by: Jawahara 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.
Title: Re: Kucoin Exchange Hacked!
Post by: MrSpasybo 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.
Title: Re: Kucoin Exchange Hacked!
Post by: vegasus 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.
Title: Re: Kucoin Exchange Hacked!
Post by: Jaephoenix 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
Title: Re: Kucoin Exchange Hacked!
Post by: Cryptoz 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
Title: Re: Kucoin Exchange Hacked!
Post by: Renampun 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.
Title: Re: Kucoin Exchange Hacked!
Post by: Nboramir 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.
Title: Re: Kucoin Exchange Hacked!
Post by: Altcoin1998$ 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.
Title: Re: Kucoin Exchange Hacked!
Post by: Positive 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.
Title: Re: Kucoin Exchange Hacked!
Post by: ashraf786100 on September 28, 2020, 12:36:10 PM
I had deposited 1100 dollars in the Ku coin exchange myself. I found out about the news when it was hacked So I checked my account balance was zero. See what happens The team is saying that everyone's funds will be returned now
Title: Re: Kucoin Exchange Hacked!
Post by: BradSow on September 28, 2020, 01:42:42 PM
Luckily Kucoin will refund the money, so far no worries
Title: Re: Kucoin Exchange Hacked!
Post by: Tnoy30 on September 28, 2020, 02:02:56 PM
Luckily Kucoin will refund the money, so far no worries
Yes, i think kucoin CEO and management have suffered a lot. It's a horrible thing, but hackers do it. Because they are constantly trying, they will make some money illegally i.e. fraud or any other way. That is their main goal. It is not their intention that these things happen. I think these events never awaken the good minds of the people. Bad thoughts of people help to cause such incidents. So I think the exchange hack has caused a lot of damage.
Title: Re: Kucoin Exchange Hacked!
Post by: Rakin343 on September 28, 2020, 07:59:38 PM
In fact, the cryptocurrency has suffered another loss in the coin exchange hack.  I hate them for doing all this work.  They hacked this exchange site and took 150 150 million.This shows how much damage has been done to the cryptocurrency.
Title: Re: Kucoin Exchange Hacked!
Post by: comer on September 28, 2020, 08:40:47 PM
centralized exchange are really prone to cyber attack because of large amount of money store in CEX wallet many hackers are tempted to do such thing. Much better if we store our funds on wallet and start to use decentralized exchanges where trades or swapping of asset will happen is just our own wallet.
Title: Re: Kucoin Exchange Hacked!
Post by: pelana vreo on September 28, 2020, 09:30:20 PM
A popular exchange KuCoin is reportedly being hacked with $150 million worth of cryptos including Bitcoin and other ERC-20 tokens. Is this Hack or An Exit Scam?? Know more https://the Url is blocked due to spam #Cpspam/news/offline-or-cold-crypto-wallets-are-more-secure/
Hi mate, looks like you have the same post as this post
https://www.altcoinstalks.com/index.php?topic=171639.0

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Title: Re: Kucoin Exchange Hacked!
Post by: Debasco on September 30, 2020, 01:47:59 PM
 i saw the post, dont believe before but no qualms for there user because i beleive all crypto asset will be insured by 100% so user will get asset in full, but is a major loss
Title: Re: Kucoin Exchange Hacked!
Post by: TERMINO on September 30, 2020, 03:09:04 PM
It is sad. Nobody wants that to happen. Very bad news. I hope KuCoin will manage to handle the pressure between the hacker and affected supporters specially the messing tokens. It is a huge amount of money that can build a building. No idea if the trust from the community will decrease.
Title: Re: Kucoin Exchange Hacked!
Post by: Bobcrypto on September 30, 2020, 03:24:06 PM
Yes, very sad experience from Kucoin and the team. It is very clear that there are no much security from all existing exchange globally, and all ccoin kept at any exchange is at owner risk.
However, the exchange has promised a refund to all eligible users, a promise I know that Kucoin may fullfil in no distance time. I think Kucoin should move on.
Title: Re: Kucoin Exchange Hacked!
Post by: LaZim on September 30, 2020, 07:02:55 PM
Such large amounts of money can't just disappear on the Internet. They will be constantly monitored...Transaction after transaction until the fraudster is identified. Vryatli he will cash out for 1 dollar.
Title: Re: Kucoin Exchange Hacked!
Post by: Lorix on September 30, 2020, 09:25:50 PM
I found out about kucoin hack. But unfortunately I do not have an account. Because I'm not a big trader. Because I'm brand new to trading. So I want to learn and I am currently using binance to learn trading. So I want to enter the kucoin exchange in the future. I have a lot of interest. But have all the cryptocurrencies been returned?
Title: Re: Kucoin Exchange Hacked!
Post by: lepbagong on September 30, 2020, 10:32:35 PM
Yes, the news is quite sad that Kucoin is one of the potential exchangers that can also experience this and reminds anyone not to save your token on the exchange because hacking can happen. but I am sure with a good reputation will be able to solve well and can rise again all problems can be resolved.