KuCoin is partially restoring crypto withdrawals after a major hack.
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KuCoin is partially restoring crypto withdrawals after a major hack.
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The KuCoin hack is the first high-profile case of a decentralized exchange being used to launder stolen funds.
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The user claimed to have lost a massive amount of money due to Bithumb’s negligence.
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After the $150 million KuCoin hack, traders appear unworried that open market sales by the hacker will drop Ethereum price.
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KuCoin reported a major security breach on Sep. 26, affecting Bitcoin, Ether, and ERC20 hot wallets while BTC and ETH prices remain unfazed.
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The rise of crypto-related crimes and money laundering cases is the result of the increasing mass crypto adoption.
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Some customers appear to have exploited the exchange’s database issues for person gain.
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