Token Projects Are Not Happy With KuCoin’s Handling of $280M Hack

Some token projects say they're left holding the bag following a hack that drained the KuCoin crypto exchange of $280 million.

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KuCoin September 2020 Hack: Hacken Research

Last week, the hottest topic in the crypto markets was the KuCoin hack. Our team highly values the need forContinue Reading The post KuCoin September 2020 Hack: Hacken Research appeared first on CoinMarketCap Blog.

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Why didn't the Kucoin hack or legal action against BitMEX seem to impact Bitcoin?

Bitcoin may have solidified a price base due to big player purchases.

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Decentralized Governance in the Wild – Lessons From the KuCoin Hack

Ben Goertzel, founder of SingularityNET, reflects on governance decisions made following the $150 million KuCoin exploit – and why hard forking wasn't the best option.

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BitMEX Loses its Dominant Position; Competition Among Binance, ByBit, & Others Heating Up

Since starting the month, the price of bitcoin has weathered numerous storms. From KuCoin’s $281 million hack, US President Donald Trump testing coronavirus positive, UK’s FCA banning crypto derivatives to FATF red-flagging hardware wallets, Europol prioritizing privacy wallets, and of course, BitMEX’ indictment, BTC held through it all.

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Kraken Financial Chief: Cheyenne Is the New Boise of Technology

Kraken couldn’t have picked a better time to launch a regulated U. S. bank. With reminders such as BitMEX reeling from criminal charges, John McAfee awaiting extradition in Spain and KuCoin suffering a hack, it’s clear that crypto has yet to fully shake its Wild West reputation.

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KuCoin Exchange Reopens Bitcoin, Ethereum Withdrawals After $281M Hack

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PARSIQ Team Helps Crypto Hack Victims Recover Stolen Coins through Coordinated Developments

Coinspeaker PARSIQ Team Helps Crypto Hack Victims Recover Stolen Coins through Coordinated DevelopmentsPARSIQ team used their innovative technology to do a "snapshot" of the state of their token holders before the KuCoin hack.

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Hacked crypto exchange KuCoin resumes crypto deposits and withdrawals

KuCoin is partially restoring crypto withdrawals after a major hack.

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Bitcoin Bulls Hold Steady Lead Over Bears Despite Recent Selling Pressure

Bitcoin is currently trading at $10,693 after slipping below $10,900 on October 1 due to several negative news. From the KuCoin hack a week ago to Trump getting infected with the Coronavirus, the Bitcoin holder’s strength has been tested thoroughly.

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All that is NOT bullish for DeFi

There are enough narratives of DeFi’s bullishness in response to every new development in the crypto space. Starting from the KuCoin hack to the recent CFTC charges on BitMEX, every event is known tThe post All that is NOT bullish for DeFi appeared first on AMBCrypto.

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Kucoin’s Hackers Identified With ‘Substantial Proof’ in $280M Theft, Law Enforcement Involved

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 […] The post Kucoin's Hackers Identified With 'Substantial Proof' in 0M Theft, Law Enforcement Involved first appeared on BitcoinExchangeGuide.

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Did KuCoin Actually Find Suspects Behind $281 Mln Hack?

Cryptocurrency exchange KuCoin claims to have identified hacking suspects, but one security expert claims that it was an inside job

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Kucoin CEO Says Exchange Hack Suspects ‘Found,’ $204 Million Recovered

According to the Kucoin exchange CEO Johnny Lyu, the trading platform has recovered $204 million in crypto assets since October 1. The exchange executive says the hacking suspects have been “found” and the “police are officially involved” in order to take action.

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Here’s Why Bitcoin Hasn’t Nuked Lower Despite Barrage of Bearish News

Many analysts and investors have been quite surprised at how stable Bitcoin’s price has been despite a plethora of bear-favoring developments within the markets From a macro perspective, President Trump’s recent viral diagnosis has rocked the traditional markets, which has had a trickle-down effect on crypto Within the crypto market, the recent $150m KuCoin hack, as well as the government’s charges against the BitMEX founders, have both spooked investors Despite all these factors placing pressure […]

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KuCoin Chief on Hack: ‘We Have Found the Suspects’

KuCoin founder Johnny Lyu claims that suspects in the security breach have been identified “with substantial proof,” linking them to the September hack. Writing on his Twitter handle on Oct.

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Binance Coin, NEM, Enjin Price Analysis: 03 October

Despite developments that could have had a strong bearish impact on Bitcoin such as the Kucoin hack, BitMEX co-founders being charged by the CFTC, or the stock market drop following the U.S President'The post Binance Coin, NEM, Enjin Price Analysis: 03 October appeared first on AMBCrypto.

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$10K Bitcoin Shows Resiliency Facing BitMex Drama, KuCoin Hack, And Now This

Bitcoin price is currently back over $10,500, holding on after a brief crash to under $10,400 on the heels of several pieces of extremely negative news. The recent news normally would be enough to send the crypto market collapsing, highlighting just how resilient support at $10,000 has been so far. Bitcoin Price Holds Strong At […]

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Hackers May Have Sent 40% of XRP Stolen from KuCoin to Huobi as Crypto from Bitrue Hack in 2019 Also Gets Moved

XRP Forensics announced that large XRP amounts keep moving from KuCoin to what might be a wallet at the Huobi exchange and that now totals 40% of the entire stolen XRP

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Kucoin Hack: $17M Laundered Via Decentralized Exchanges, Blockchain Analysis Firm Claims This Can Still be Traced

Elliptic says the Kucoin hacker has sold $17. 1 million worth of tokens via decentralized exchanges (dex) platforms like Uniswap, Kyber Network, Tokenlon. The shift to dex applications comes after centralized projects came to the aid of the beleaguered exchange by blocking any cashing out of the hack related funds.

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CipherTrace Outlines Regulatory Gray Zones Plaguing Booming DeFi Sector

Here's how blockchain analytics firms like CipherTrace and Elliptic are viewing DeFi and DEXs after the KuCoin hack.

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KuCoin hack unpacked: More crypto possibly stolen than first feared

The KuCoin hack is the first high-profile case of a decentralized exchange being used to launder stolen funds.

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Hack Update: Over $13 Million of The Stolen KuCoin Funds Sold on Four DEXs

According to Elliptic, which helps track bitcoin and crypto-related transactions, the stolen funds from the cryptocurrency exchange KuCoin are being moved to the decentralized exchanges (DEX). Just yesterday, another $6 million of the stolen tokens were sold.

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DeFi critics criticize freezing of $130m in Kucoin crypto: here’s what they get wrong

KuCoin underwent a brutal hack last week that resulted in millions of dollars worth of coins lost. The post DeFi critics criticize freezing of $130m in Kucoin crypto: here’s what they get wrong appeared first on CryptoSlate.

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KuCoin hack: Over a million XRP moved... to a defunct exchange?

Cryptocurrency exchange KuCoin’s hack has been the talking point of the week, with the culprits involved later making headlines after they tried to move the stolen crypto onto several decentralized The post KuCoin hack: Over a million XRP moved.

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Synthetix Network Token (SNX) rebounds as on-chain strength flourishes

Synthetix Network Token’s price has seen some volatility over the past couple of days, with inflows of selling pressure coming about due to the massive amount of SNX tokens stolen due to the recent KuCoin hack.

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Chainalysis расширит присутствие в Восточной Азии

Аналитическая компания Chainalysis объявила об открытии двух новых офисов в Токио и Сингапуре с целью расширения бизнеса в Азиатско-Тихоокеанском регионе. #KuCoin hack is yet another ex that crypto exchanges, law enforcement & financial institutions all over the world need investigations & compliance tools.

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Synthetix founder speaks on Kucoin hack of $2.5m in SNX, millions in other DeFi coins

Late last week, KuCoin, a notable Singapore-based exchange known for its large offering of altcoins, bit the dust. The post Synthetix founder speaks on Kucoin hack of $2.5m in SNX, millions in other DeFi coins appeared first on CryptoSlate.

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Token Projects to Recover $130M from the Kucoin Hack, Devs Condemned for Centralization

The cryptocurrency community has been discussing the Kucoin hack as a great number of ERC20 projects have frozen, paused, or reversed their smart contracts after the hack. Estimates say that at least $129 million ERC20 tokens affected are considered “safe” from the hacker’s clutches.

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Decentralized much? Crypto projects take drastic steps after $200 million hack

The bad actors behind the estimated $150-$200 million hack of crypto exchange KuCoin managed to proven two aspects of the young market in their wake: 1. The post Decentralized much? Crypto projects take drastic steps after $200 million hack appeared first on CryptoSlate.

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KuCoin Hack Update: 11 Crypto Projects Freeze the Stolen Tokens

Over the weekend, KuCoin lost about $275 million in BTC, XRP, BSV, XLM, TRX, stablecoins, ETH, and other ERC-20 tokens in a security breach. As we reported, the cryptocurrency exchange took full responsibility for the hack, obviously, and promised to cover all the losses through its Insurance Fund.

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JUST IN: KuCoin Hackers Have Sent Two Messages in Vanity Addresses. U.Today Decoded Them

"Bitcoin Message. Epic Hack Homie. Not Your Keys Not Your Coins." Take one more privacy lesson from KuCoin scammers

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Похищенные с KuCoin токены LINK пришли в движение

Хакер, взломавший горячие кошельки KuCoin, перевел 50 тысяч токенов LINK (почти $530 000) на неизвестный адрес. На это обратил внимание аналитический ресурс Whale Alert. ⚠ 50,000 #LINK (529,962 USD) of stolen funds transferred from Kucoin Hack 2020 to unknown wallet Tx: https://t.

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KuCoin Attack Update: Hackers Use Uniswap to Dump OCEAN and Synthetix

The KuCoin exchange hack has led to the attackers commencing a massive dump of several ERC-20 tokens now in their possession. The token dump is primarily taking place on the Uniswap decentralized exchange protocol, which theoretically makes it impossible to stop.

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Why traders are not worried that the KuCoin hack will drop Ethereum price

After the $150 million KuCoin hack, traders appear unworried that open market sales by the hacker will drop Ethereum price.

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Freeze, pause, reboot: Projects react differently to $200M KuCoin hack

KuCoin reported at least $129M of the affected funds are ‘safe.’

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Ledger Calls Out KuCoin After Hack as Wallet Users Cry Foul

Following the KuCoin hack, hardware wallet manufacturer Ledger went on to advocate for safer storage on its own wallets. KuCoin, a major Asian crypto exchange platform, has been the victim of a hack in which $150 million in crypto was stolen, as BeInCrypto reported.

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Kucoin Hacker Leverages Uniswap to Dump Vast Number of ERC20 Tokens

Since the recent Kucoin hack, the crypto community has been waiting for the hacker to move funds. During the early morning hours (ET) on Sunday, a number of people noticed the Kucoin hacker started to move a large amount of ERC20 tokens to connect with the decentralized exchange (dex) Uniswap.

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Crypto Market Forecast: W/C 28 September 2020

A curated weekly summary of forward-focused crypto news that matters. This week -a major hack at the Kucoin exchange, Grayscale Investments buys 17,000 bitcoin - and decentralized derivatives exchange LEVERJ launches BTC/USD and ETH/USD perpetual swap futures

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Bitfinex CTO Defends the Freezing of Millions of USDT in Wake of KuCoin Hack

Following the KuCoin hack, Tether has frozen 20 million USDT sitting on an Ethereum address and Bitfinex froze 13 million USDT on EOS, according to Bitfinex CTO Paolo Ardoino. Another 1 million USDT was frozen on Omni and 1 million USDT on Tron.

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Tether Freezes $30 Million USDT After Kucoin Hack

$20 million USDTs on an address known to belong to the Kucoin hacker have been frozen said Paolo Ardoino, Bitfinex’s COO. Another $13 million have been frozen on EOS “as...

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KuCoin Hack: Exchange’s Insurance Fund to Cover User Loss “Completely,” Tether Freezes 33M USDT

The Singapore-based cryptocurrency exchange KuCoin released a statement regarding detecting large withdrawals on September 26, 2020, at 03:05:37 (UTC+8). The exchange has reportedly lost $150 million worth of funds, although KuCoin hasn’t declared it yet but released “suspicious addresses,” which are constantly updated.

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KuCoin Exchange Hack Results in $150M in Crypto Stolen from Hot Wallet

KuCoin is the latest crypto exchange to be the target of malicious hackers. Over $150 million in BTC, ETH, and other cryptocurrencies have been stolen from its hot wallets. The incident once again highlights the vulnerabilities of hot wallet storage.

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KuCoin Hack: Justin Sun Promises TronScan and Poloniex Will Help Track Stolen Crypto

$150 mln in crypto are reportedly stolen by hackers from KuCoin, Tron CEO Just Sun promises that TronScan and Poloniex will do their best to help

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POST COVID HACK 2020

Post Covid Hack 2020 is an online & global hackathon proudly organised by Indorse & Coinsilium and supported by blockchain & government partners IOVLabs, B4H, RSK, the Government of Gibraltar through their initiative #ThinkGibraltar, KuCoin & KuChain, Mishcon de Reya, Tribe Accelerator, UCL Centre for Blockchain Technologies, and many more! Post Covid Hack 2020 aims […]

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A Coordinated Twitter Hack is Targeting Coinbase, Kucoin, Binance, Gemini, and more

Recent events indicate Twitter accounts for Binance, Gemini, Coinbase, Bitfinex, Justin Sun, Charlie Lee and many others have been compromised.

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