Tag: kucoin

Quick take: OKEx has halted all crypto withdrawals One of the exchange's private key holders is currently with authorities regarding an investigation Crypto outflows from OKEx are at zero The current incident is a reminder to crypto users that storing funds in CEXs is risky because they don't own their private keys DeFi could benefit as a result of the OKEx incident The...

Quick take: Filecoin's mainnet will be launched today, October 15th at 2:45 pm UTC Binance, Gemini, KuCoin, Kraken and Huobi will list Filecoin (FIL) Filecoin aims at revolutionizing the decentralized storage industry The highly anticipated Filecoin (FIL) mainnet will be launched today, October 15th, at 2:45 pm ending a three-year wait for initial investors of the project. The top crypto exchanges of Binance,...

IBM, VIDT Datalink, and other project partners are excited to announce the use of a Corona Safety Indicator sensor which will help to identify poorly ventilated spaces where Covid-19 can thrive. These sensors will be integrated into their much-anticipated Internet of Environments project roll-out. This indicator, manufactured by Factory Lab, will greatly help in the battle against Covid-19 by measuring the air quality...

The exchange seized $204 million in the compromised funds.

In summary: KuCoin CEO, Johnny Lyu, has informed the crypto-verse that they've identified suspects behind the recent hack He explained that KuCoin is working with authorities to apprehend the suspects Another additional $64 Million in digital assets is out of the control of the hackers This brings the total to $204 Million recovered or frozen The hackers had taken approximately $280 Million from...

And the third-largest exchange hack in crypto history This hectic news week in crypto began with the third-largest hack ever of a crypto exchange. The hacker or hackers who attacked Kucoin made out with $280 million, with around $130 million of that so far frozen in new contracts and hard forks. Then, YFI founder Andre Cronje teased a new project on Twitter, and...

With the debut of Binance Smart Chain, the cryptocurrency exchange, Binance has come a long way chasing the DeFi...

The KuCoin hack is the latest demonstration of one of crypto's oldest problems.

Quick take: Multiple Ethereum based projects affected by the KuCoin have intervened Some have frozen their ERC20 tokens with others initiating hardforks The KuCoin hack amount has increased to $203 Million and could continue climbing Almost immediately after the KuCoin hack, the team at Tether announced that it had frozen a total of $33 Million USDT stolen from the exchange. Of this amount,...

In brief: Bitfinex and Tether CTO, Paolo Ardoino, has reiterated Tether is a centralized stablecoin This comes after crypto enthusiasts questions the decision to freeze $33M in USDT from the KuCoin hack Tether also froze $1M USDT on Omni and another $1M USDT on Tron The exchange had also rescued another $1M lost to a DeFi smart contract The CTO of both Bitfinex...

Popular cryptocurrency exchange KuCoin has released details of a security breach on its platform. According to KuCoin, about $150 worth of Bitcoin, Ethereum, and several other cryptocurrencies have been moved from the exchange platform. This announcement comes as a shock to the exchange users because KuCoin prides itself as being both advanced and secure. KuCoin confirmed the hack in a...

Quick take: Bitfinex CTO, Paolo Ardoino, has notified crypto twitter of the freezing of $33M Tether related to the KuCoin hack Bitfinex has frozen $13 Million Tether (USDT) on EOS Tether has frozen $20 Million USDT on Ethereum Binance has pledged its support in the recovery efforts of funds from the hack KuCoin has offered a $100,000 reward for vital information related to...

Quick take: KuCoin's risk management system detected unusual crypto withdrawal activity beginning today, 2:51 am (UTC +8) The exchange soon confirmed it was a hack KuCoin CEO, Johnny Lyu, confirmed KuCoin has an insurance fund to cover all losses $150 Million in Bitcoin, Ethereum and other ERC20 tokens was taken KuCoin is in constant communication with law enforcement and other crypto exchanges to...

The KuCoin crypto exchange released a statement in which they informed it was hacked for $150 million worth of virtual currencies. According to information released in a blog […]

Seychelles-based cryptocurrency exchange KuCoin arrived in the space during the great crypto bullrun of 2017. Since then, the firm converted early excitement into lasting momentum and became a globally recognized brand in the cryptoeconomy in the process. Which brings us to now. On September 5th, KuCoin celebrated only its 3rd birthday, a reality that helps [...] The post Amid 3rd Birthday: KuCoin Eyes...