KuCoin exchange hacked

On the morning of September 26, the cryptocurrency exchange reported an unauthorized withdrawal of a “large amount” from two hotplatform wallets.

According to preliminary unconfirmed reports, the attackers managed to get about $ 150 million in bitcoin and a number of ERC-20 tokens.

(1/4) We detected some large withdrawals sinceSep 26 at 03:05 UTC+8. According to the latest internal security audit report, part of BTC, ERC-20 and other tokens in KuCoin's hot wallets were transferred out of the exchange, which contained few parts of our total asset holdings

— KUCOIN (@kucoincom) September 26, 2020

Later during YouTube broadcast the guideKuCoin has assured users that all lost funds will be reimbursed in full, and at the moment the case is already being dealt with by law enforcement agencies.

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