Singapore based crypto exchange revealed that it was a victim of a $150 million hack, as Bitcoin and other digital coins had been withdrawn from hot wallets to some other unknown wallet. KuCoin is one of the largest digital asset exchanges in the world, with a rough daily trading volume of $100 million.
A statement by the website puts the attack on Friday 26th September. As a result of the attack, an Ethereum-based wallet, most probably belonging to the hacker, received Ethereum tokens worth around $150 million, as the exact amount is still unknown.
© Crypto Craft