Most crypto exchanges are vulnerable by design, says ByBit CEO

He isn’t surprised attacks happen. Crypto exchange security is once again in the news after hackers breached KuCoin.

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. Analysts say that the unknown hacker behind the KuCoin breach is selling the stolen ERC-20 tokens on Uniswap.

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

KuCoin reported at least $129M of the affected funds are ‘safe.’ Following news of a security breach resulting in the loss of more than $200 million worth of tokens on KuCoin, many projects quickly reacted to prevent users’ holdings from being moved off to other exchanges.  Speaking to Cointelegraph, KuCoin Global CEO Johnny Lyu said at least $129 million of the tokens affected in the breach and the Bitcoin (BTC), Ether (ETH), and ERC20 hot wallets impacted were “safe” or in a position to be recovered.

Top 5 cryptocurrencies to watch this week: BTC, DOT, CRO, XEM, XTZ

The tight consolidation in Bitcoin and a few altcoins points to a potential breakout within the next few days. Over the weekend hackers stole about $150 million in user funds from a number of hot wallets at KuCoin exchange.

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.

$130 Million of KuCoin Hacker's Haul To Be Frozen by Crypto Projects

Blockchain projects have worked quickly to freeze two-thirds of the hacker’s haul.

KuCoin Loses $150 Million Due to Security Breach But Compensation to Follow

KuCoin, a Singapore-based crypto exchange, has disclosed the suspicious withdrawal of large amounts of Bitcoin, ERC-20, and Ether.

KuCoin Hack Closer to $200 Million as Team Releases More "Suspicious Addresses"

As the team releases more information about yesterday's hack, it's clear that the damage is worse than initially thought.

Kucoin Hacked for $150 Million in Bitcoin; Bitfinex and Tether Freeze $33 Million of the Stolen Funds

Cryptocurrency exchange Kucoin may have been hacked for $150 million in bitcoin and multiple ERC20 tokens.

KuCoin Exchange Hacked, Approx. USD 150 Million Worth of Crypto on the Move

Singapore-based cryptocurrency exchange KuCoin has experienced leakage of its private keys tied with its KuCoin hot wallets, which resulted in a hack of approximately USD 150 million worth of customer funds.

KuCoin CEO Shares New Details of $150+ Million Hack

KuCoin's CEO said that the stolen funds account for a "small part of our total asset holdings."

Bitcoin price unfazed after $150M hack of major exchange KuCoin

KuCoin reported a major security breach on Sep.

Not your keys, not KuCoin's: Red flags ignored

A dizzying lack of transparency as the crypto exchange is hacked and $150m in customer funds goes missing Back in April of 2020, Cointelegraph took a close look at the KuCoin cryptocurrency exchange.

Hackers Drain KuCoin Crypto Exchange’s Funds

Kucoin, a Singaporean cryptocurrency exchange, disclosed that it was hacked and plans on reimbursing customers whose funds were stolen.

Millions in Bitcoin, Ethereum, & Tokens Hacked From KuCoin Will Be “Covered”

On Friday afternoon, a number of Twitter users began to notice large withdrawals of Ethereum and ERC-20 tokens from Kucoin’s designated addresses.

KuCoin reports 'security incident' as $150M in Bitcoin, ERC-20 are taken

KuCoin, one of the world's most prominent crypto-exchanges by trading volume, was reportedly hacked earlier today.

Cryptocurrency Exchange KuCoin Likely Hacked: Reports

A lot of Bitcoin left the exchange all at once.

SaTT Smart Advertising Token Announces Listing on Leading Crypto Exchanges, KuCoin and Uniswap

Singapore, 18th September, 2020 – Smart advertising marketplace SaTT is proud to announce the listing of its namesake token SATT on leading digital assets trading platforms – KuCoin, a centralized exchange (CEX) and Uniswap, a decentralized exchange (DEX).

KuCoin Establishes Strategic Partnership with Poloniex to Elevate Digital Asset Exchange Industry

Disclaimer: The text below is a press release that was not written by Cryptonews.com. Today (September 18), one of the world's most popular digital assets exchanges, KuCoin officially announced its strategic partnership with the internationally well-known digital assets exchange Poloniex.

KuCoin Has Just Announced a New Project Listed, and It’s One of Our Favorites!

Scheduled as the next phase of the SaTT progress, the token would be listed on several top tier exchanges namely Kucoin and Uniswap the 24th September, opening it up to a big audience of users, traders and investors, giving the project the exposure it deserves.

KuCoin Establishes Strategic Partnership With Poloniex to Elevate Digital Asset Exchange Industry

Today (September 18), one of the world’s most popular digital assets exchanges, KuCoin officially announced its strategic partnership with the internationally well-known digital assets exchange Poloniex.

Two major crypto exchanges are teaming up to push the industry forward

Crypto exchanges Poloniex and KuCoin are set to research the crypto industry together, hope to benefit the whole sector. Crypto exchange KuCoin has unveiled dealings with another exchange, Poloniex, in an effort to move the crypto industry forward.    "KuCoin and Poloniex will join hands in trading technology research and development, liquidity sharing, product iterations, PoS [proof-of-stake] and PoW [proof-of-work] mining pools, and other industrial exploration," said a statement provided to Cointelegraph.  Together, Poloniex and KuCoin aim to help the crypto industry progress as a whole, instead of competing against each other within the sector, the statement detailed.

Pool-X Launches BurningDrop, Supporting KTSt Genesis Mining

Disclaimer: The text below is a press release that was not written by Cryptonews.com. On September 16, 2020, KuCoin, an IDG-backed crypto exchange, announced that its Pool-X platform has launched the BurningDrop program and will provide services for the Kratos Genesis token (KTSt) Distribution.

Pool-X Launches BurningDrop, Supporting KTSt Genesis Mining

On September 16, 2020, KuCoin, an IDG-backed crypto exchange, announced that its Pool-X platform has launched the BurningDrop program and will provide services for the Kratos Genesis token (KTSt) Distribution.

KuCoin Has A Surprise to Thousands of Unaware Aave’s LEND Holders

After first delisting DeFi platform Aave’s LEND tokens back in December 2018 due to “low liquidity,” crypto exchange KuCoin has now re-listed the asset after the price increased more than 6,000%.

KuCoin Celebrates 3rd Anniversary with New Spotlight, KuChain Updates and Porsche 911 Giveaway

On September 5, 2020, at the Global Blockchain and Crypto Finance Summit, Johnny Lyu, KuCoin Global CEO, announced in his keynote speech that the 3rd-anniversary celebration of KuCoin officially started.

Binance Coin is Undervalued, KuCoin Shares Overvalued - TokenInsight

Certain exchange platform tokens like binance coin (BNB) are undervalued, while others, like kucoin shares (KCS) are overvalued, according to the latest report by token data and rating agency TokenInsight.

P2P Cryptocurrency Exchanges in Africa Pivot: Nigeria and Kenya the Target Markets

Leading cryptocurrency exchanges are bullish about Africa’s growth prospects as evidenced by their ongoing forays into the continent.

KuCoin Warns of Impersonator Website Offering Incentives to Deposit Crypto

Impersonation scams continue to permeate the cryptocurrency space. Cryptocurrency exchange KuCoin has issued a warning to users regarding a fraudulent website using its branding in an attempt to steal cryptocurrency. According to the report, posted Aug 19, the website is offering false incentives to entice users to deposit digital assets. It further clarifies that the web address “https://c.yrsm.net/app.php/MzI1” has no relationship to the KuCoin Group and is not authorized to use its trademark or other intellectual property. Reminding users to be particularly wary of this type of scam, KuCoin stated that it does not organize any activities outside of the official platforms (kucoin.com and kucoin.io) without official notification: “Under no circumstances [...] intend to disclose any deposit address and instruct users to transfer digital assets to the designated address.” Users who have transferred digital assets to any deposit address published on the fraudulent site are instructed to report this to the police or relevant authority as soon as possible in order to recover their losses. Scams whereby criminals impersonate figures or institutions within the cryptocurrency community in an attempt to purloin funds are unfortunately fairly common. One of the most notable recent such scams was last month’s notorious Twitter hack which took over several accounts on the social networking site requesting users to send Bitcoin (BTC) and receive double in return. Scammers have also been known to impersonate Cointelegraph journalists, offering positive coverage in return for cryptocurrency.

MiL.k’s MLK Lists on Kucoin as Blockchain Loyalty Platform Levels Up

Blockchain rewards platform MiL.k has maintained its impressive run through 2020 by securing a listing for Milk Coin (MLK) on KuCoin.

Orion Protocol (ORN) Wins KuCoin Community Vote DeFi Session, Trading and Staking Services To be Opened

Disclaimer: The text below is a press release that was not written by Cryptonews.com. July 22, 2020, KuCoin, an IDG-backed exchange, today announced the result of the KuCoin Choice Community Vote (DeFi Session), Orion Protocol has won the voting and will get listed on KuCoin at 18:00 July 25.

Bitbns (BNS) Token Sale on KuCoin Spotlight Set for July 30

KuCoin, IDG-backed cryptocurrency exchange has recently announced this year’s second project on its Spotlight program.

Indian Exchange Bitbns (BNS) will Conduct Token Sale on KuCoin Spotlight on July 30

Disclaimer: The text below is a press release that was not written by Cryptonews.com. July 20, 2020, KuCoin, an IDG-backed exchange, today announces that Bitbns (BNS) will be its second Spotlight project this year.

Indian Exchange Bitbns (BNS) to Conduct IEO On KuCoin

Bitbns, an Indian exchange founded in December 2017 will be holding an IEO for its proprietary exchange token BNS on KuCoin Spotlight.

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.

Digitex Futures’ DGTX to Start Trading on KuCoin, Expansion Plan Revealed

Digitex Futures, the commission-free bitcoin futures exchange platform by Digitex Ltd is on its way to achieving a significant milestone by listing its native DGTX exchange token on KuCoin.

KuCoin P2P Fiat Market Now Supports Crypto Purchase Through PayPal USD Payments

The IDG-backed KuCoin crypto exchange platform has added support for another payment option on its P2P Fiat Market.

KuCoin P2P Fiat Market Supports Buying Crypto With USD Via PayPal

On June 24, 2020, KuCoin, an IDG-backed crypto exchange, announced that its P2P Fiat Market added support for US Dollars (USD), meaning traders can buy cryptocurrencies like USDT, BTC and ETH with USD The post KuCoin P2P Fiat Market Supports Buying Crypto With USD Via PayPal appeared first on AMBCrypto.

KuCoin P2P Fiat Market Supports Buying Crypto With USD Via PayPal

Disclaimer: The text below is a press release that was not written by Cryptonews.com. On June 24, 2020, KuCoin, an IDG-backed crypto exchange, announced that its P2P Fiat Market added support for US Dollars (USD), meaning traders can buy cryptocurrencies like USDT, BTC and ETH with USD via PayPal and other payment methods.

KuCoin Supports Buying Crypto with RUB through Partnership with PayMIR

KuCoin, an IDG-backed crypto exchange, announced a new partnership with PayMIR, a well-known fiat on-ramp service provider in Russia.

KuCoin Partners with PayMIR, Makes Crypto Purchase with RUB Possible

KuCoin, the IDG-backed crypto exchange now enables its users from across the world to purchase cryptocurrency with Russian Ruble (RUB) using credit or debit cards.