Kucoin Exchange Hacked!

[ashraf786100]

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

[BradSow]

Luckily Kucoin will refund the money, so far no worries

[Tnoy30]

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.

[Rakin343]

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.

[comer]

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.

[pelana vreo]

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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[Debasco]

 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

[TERMINO]

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.

[Bobcrypto]

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.

[LaZim]

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.

[Lorix]

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?

[lepbagong]

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.