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Cryptocurrency Ecosystem => Crypto Exchanges => Topic started by: MRM on September 27, 2020, 09:09:58 PM

Title: KuCoin Hack Closer to $200 Million as Team Releases More "Suspicious Addresses
Post by: MRM on September 27, 2020, 09:09:58 PM
As the team releases more information about yesterday's hack, it's clear that the damage is worse than initially thought. When cryptocurrency exchange KuCoin was hacked yesterday, reports circulated that hackers drained $150 million worth of cryptocurrency from its exchange. Today, KuCoin posted more “suspicious addresses.”

Should its hunches about those “suspicious addresses” check out, the damage so far is closer to $200 million. Here’s the breakdown:

$153 million of ETH and ERC-20 tokens.
Source: https://decrypt.co/43036/kucoin-hack-closer-to-200-million-as-team-releases-more-suspicious-addresses