Crypto Exchange KuCoin Gets Hacked Cryptoglobe

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Kucoin announced through its CEO Johnny Lyu that they have found the hackers who compromised close to $280 million of the exchange’s funds in last week’s hack. Lyu tweeted this update over the weekend as crypto markets struggled in the red zone following the Kucoin hack, BitMEX indictments , and the news of President Trump contracting COVID 19. In a live stream on 4:30 UTC Saturday, KuCoin CEO Johnny Lyu said one or more hackers obtained the private keys to the exchange’s hot wallets. KuCoin transferred what was left in them to new hot ... Cryptocurrency exchange Kucoin may have been hacked for $150 million in bitcoin and multiple ERC20 tokens. The Seychelles-registered exchange confirmed the September 25 security breach, but did ... On Saturday (October 3), Johnny Lyu, Co-Founder and CEO of Singapore-based crypto exchange KuCoin Global, provided an interesting update on the September 26th security incident that resulted in the loss of around $280 million in cryptoassets. On Saturday (September 26), Singapore-based crypto exchange KuCoin suffered a security breach, as the result of which a part of the cryptoassets in the exchange's hot wallets were stolen.

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