Hacked Crypto Exchange KuCoin Resumes Deposit, Withdrawal Services for All Tokens

Hacked Crypto Exchange KuCoin Resumes Deposit, Withdrawal Services for All Tokens

KuCoin, the Singapore-headquartered digital asset exchange that was to the tune of $281 million in September, it’s restored the deposit and withdrawal services of all tokens  as of Sunday.

KuCoin’s $281 million security breach is among the largest in cryptocurrency history. One or more hackers obtained the private keys to the centralized exchange’s hot wallets, gaining control over vast quantities of , , , , and various ERC-20 tokens, among others. KuCoin immediately moved to freeze all wallets and disable services. 

As of Oct. 7, the exchange has recovered some of the stolen crypto, and has made headway into . 

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