While KuCoin maintains its lockdown of all client accounts on its platforms, the weekend hackers that compromised its hot wallets continue to move the millions they had stolen in crypto tokens. The transaction tracing account on twitter, Whale Alert flagged a whopping 18.4 million XRP, which is worth $4.5 million, has been transferred into a…
Johnny Lyu, the CEO of KuCoin Global confirmed a major hacking of the cryptocurrency exchange in an official statement on September 26th, 2020. The hack had affected the exchange’s hot wallets that contained Ether (ETH), Bitcoin (BTC), and ERC20 tokens. The breach had occurred due to a leak of private keys. According to reports, the…
The cryptocurrency project initiated by Facebook remains in limbo, as the social media giant is taking different approaches for ensuring its survival. The most important thing to note is that not only is Libra currently facing a battle with lawmakers and regulators, it is also gradually losing a significant number of its backers. It was…
No doubt that during the lockdowns caused due to the Covid-19 crisis, the use of crypto-based assets has increased manifold wherein also the scammers and fraudsters got very active too. However, for the time being, cryptocurrency and blockchain technology has become one of the topmost priority items in the list of the US’s top agency….