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Topic: Exchange KuCoin and KuCoin shares - page 2. (Read 38844 times)

hero member
Activity: 2954
Merit: 641
CoinMetro
December 29, 2020, 03:17:57 PM
KuCoin - Revv (REVV) Listing Campaign: 500,000 REVV Grand Prize Pool to be Won:

-> Activity 1: Trade REVV/USDT or REVV/BTC to Win a Share of a 300,000 REVV (approximately 18,000 USDT) Prize Pool!
-> Activity 2: Deposit REVV to KuCoin to Win a Share of 100,000 REVV (approximately 6,000 USDT)!
-> Activity 3: Participation Reward: Win a Share of a 100,000 REVV (approximately 6,000 USDT) Prize Pool!

https://www.kucoin.com/news/en-revv-listing-campaign-500000-revv-grand-prize-pool
full member
Activity: 742
Merit: 106
December 29, 2020, 12:59:15 PM
KuCoin Partners with BTC Direct to Enable More Payment Options for Crypto


KuCoin has partnered with BTC Direct to enable new and current KuCoin users to purchase cryptocurrencies using their credit and debit cards.
BTC Direct is a leading Bitcoin Broker platform in the European market based in the Netherlands. It allows people in Europe to buy or sell cryptocurrencies in a fast, easy and safe way.

https://www.kucoin.com/news/kucoin-partners-with-btcdirect-to-enable-more-payment-options-for-crypto
full member
Activity: 742
Merit: 106
December 20, 2020, 12:27:39 PM
Trade GRT Perpetual Contract, Win a Share of the 1,500 USDT Rewards!


KuCoin Futures has launched USDT-Margined The Graph (GRT) Perpetual contract, supporting 1-50x leverage.
Trade the GRT contract now and win a share of the 1,500 USDT reward pool (withdrawable)!
Promotion period: from 20:00 on December 20, 2020, to 24:00 on December 27, 2020 (UTC+8).

Read how to participate here: https://www.kucoin.com/news/en-trade-grt-contract-to-win-1500-usdt.
legendary
Activity: 3108
Merit: 1029
November 03, 2020, 06:11:21 PM


After the Kucoin exchange was hacked, I lost all my trust. I urgently needed money and they aggrieve me by closing the money withdrawal. I got extremely angry and pulled all my assets from Kucoin and sold my Kucoin shares. Trusting a hacked exchange can be foolish. Be careful. Cry
As a result of the Hacking incident, KuCoin has stated that it will be responsible and ready to fully replace the funds that were stolen. They also provide insurance funds to the victims. As a result, they had difficulty withdrawing funds after the hack occurred. The only word they promised was: Wait! ...

do you remember when binance was hacked mate ?
and binance can solve this hacking issue and i hope kucoin can fix this issue as binance do ,,
just my hope, all we can do now is increase our patience while waiting
The hacked case that happened with binance was not so much as kucoin did.
Kucoin was getting hacked more than 150 million dollars but the majority of funds have already recovered.
binance's hacked case was around 50 million dollars which can be recovered easily consider binance has a lot of reserved funds consider it has generated a very very big profit from its trading service
member
Activity: 735
Merit: 17
November 02, 2020, 02:40:37 AM
KuCoin has released an updated version of the v3.20.1 app with some changes for use on mobile devices

https://twitter.com/kucoincom/status/1323104496596078592?s=20
hero member
Activity: 2226
Merit: 610
October 31, 2020, 07:51:49 AM
They need to rebuy lost coins as fast as possible. Wait is not good solution. Some coins forked and made stolen coins worthless. all coins that did not forked have to be bought by Kucoin as fast as possible so their price dont go up and they will not be able to buy them at a. If not they should simply bankrupt.
They won't re-buy quickly, they still expect projects to swap / fork. For those whose tokens have been sold by hackers, they have to wait a long time until the service returns to normal.
hero member
Activity: 2786
Merit: 552
October 30, 2020, 06:05:49 PM
I'm not one to panic, and I do have faith they will make it right, but perhaps now isn't the time to send more coins to fund trades.  I just deposited some NRG which shows as clearing in the explorer linked from their own site but is not showing up as cleared in my account.  Just in case someone is staking coins or something and wants to buy more coins.  This is in addition to another coin I used to fund Kucoin which deposited but they are not trading with now for some reason.  
legendary
Activity: 2744
Merit: 1288
October 29, 2020, 10:20:17 AM
After the Kucoin exchange was hacked, I lost all my trust. I urgently needed money and they aggrieve me by closing the money withdrawal. I got extremely angry and pulled all my assets from Kucoin and sold my Kucoin shares. Trusting a hacked exchange can be foolish. Be careful. Cry
As a result of the Hacking incident, KuCoin has stated that it will be responsible and ready to fully replace the funds that were stolen. They also provide insurance funds to the victims. As a result, they had difficulty withdrawing funds after the hack occurred. The only word they promised was: Wait! ...

They need to rebuy lost coins as fast as possible. Wait is not good solution. Some coins forked and made stolen coins worthless. all coins that did not forked have to be bought by Kucoin as fast as possible so their price dont go up and they will not be able to buy them at a. If not they should simply bankrupt.
sr. member
Activity: 1092
Merit: 250
Hodlers Network
October 29, 2020, 07:33:42 AM
After the Kucoin exchange was hacked, I lost all my trust. I urgently needed money and they aggrieve me by closing the money withdrawal. I got extremely angry and pulled all my assets from Kucoin and sold my Kucoin shares. Trusting a hacked exchange can be foolish. Be careful. Cry
As a result of the Hacking incident, KuCoin has stated that it will be responsible and ready to fully replace the funds that were stolen. They also provide insurance funds to the victims. As a result, they had difficulty withdrawing funds after the hack occurred. The only word they promised was: Wait! ...

do you remember when binance was hacked mate ?
and binance can solve this hacking issue and i hope kucoin can fix this issue as binance do ,,
just my hope, all we can do now is increase our patience while waiting
sr. member
Activity: 1316
Merit: 254
United Crowd
October 28, 2020, 06:59:47 PM
After the Kucoin exchange was hacked, I lost all my trust. I urgently needed money and they aggrieve me by closing the money withdrawal. I got extremely angry and pulled all my assets from Kucoin and sold my Kucoin shares. Trusting a hacked exchange can be foolish. Be careful. Cry
As a result of the Hacking incident, KuCoin has stated that it will be responsible and ready to fully replace the funds that were stolen. They also provide insurance funds to the victims. As a result, they had difficulty withdrawing funds after the hack occurred. The only word they promised was: Wait! ...
hero member
Activity: 2786
Merit: 552
October 28, 2020, 01:24:29 PM
Things are still not good.  There isn't an easy way to fund kucoin for trading.  Several coins do not allow deposits from outside.  I just deposited a coin there only to find out I am not allowed to trade it.  So that is kind of screwed up: if I want to trade,it has to be in a coin that has a higher withdrawal fee.  

I understand they are recovering but not sure exactly why they are doing this. 
legendary
Activity: 1862
Merit: 1327
October 26, 2020, 05:09:03 AM
From outside I can only say that KuCoin is doing well .. even if some shitcoin projects say the opposite.

After all, it has suffered a hack (for many an insider) and has not suffered so much the blow.
Let's also remember binance and bitfinex have undergone hacking and yet they are there, they too worked seriously..
hero member
Activity: 1005
Merit: 502
Sovryn - Brings DeFi to Bitcoin
October 26, 2020, 03:21:44 AM
I thinks hacks like that sometimes happens I hope they learn from that but the issue here I think will be to bring KCS back to maybe 1$ I have a huge bag and the hack affected its price but still I think with their poolz Kucoin is still good to use if you like CEX
KCS has already started to go back again to the $1 and I have been buying a lot of KCS when there were so many FUD in the kucoin telegram group regarding the hacked case.

KCS has already successfully recovered a lot of money from the stolen amounts by the hackers.
This exchange site is still safe to be used by anyone.

Kucoin hav cooperated with a lot of the projects to do a token swap and thereby prevented the loss of the users money . But there are some projects which haven't agreed to do a token swap and kucoin is still dragging the case by suspending the trading and not allowing withdrawal.
I hope this gets sorted out soon.
legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
October 21, 2020, 04:40:12 AM
I thinks hacks like that sometimes happens I hope they learn from that but the issue here I think will be to bring KCS back to maybe 1$ I have a huge bag and the hack affected its price but still I think with their poolz Kucoin is still good to use if you like CEX
KCS has already started to go back again to the $1 and I have been buying a lot of KCS when there were so many FUD in the kucoin telegram group regarding the hacked case.

KCS has already successfully recovered a lot of money from the stolen amounts by the hackers.
This exchange site is still safe to be used by anyone.
hero member
Activity: 2604
Merit: 961
fly or die
October 21, 2020, 03:50:13 AM
Hacken did a research about the Kucoin hack. They suspect 3 reasons for the hack: web infrastructure, social engineering and Malicious actions of responsible employees. But nobody knows at this moment what really happened and there is still no answer from Kucoin.
But apart from that I find this is interesting to know:

Quote
Despite the exchange claiming to reimburse all losses to users, we can see that there are not enough funds on the identified KuCoin wallets to pay off the losses caused by the hack. In addition, the exchange did not have a secure asset fund from which to recover losses. Perhaps these funds are kept in bank accounts of the exchange or in “secret” wallets, but we do not have such information.
https://hacken.io/research/researches-and-investigations/kucoin-september-2020-hack-hacken-research/

That's why they must stay in business. It happened before, the exchange is broke, but stays in business, with better practices, and little by little it can recover and pay back what was lost. The problem is that for that to happen, transparency is a must, to keep the trust of clients. I'm not sure Kucoin is doing that right.
hero member
Activity: 1005
Merit: 502
Sovryn - Brings DeFi to Bitcoin
October 21, 2020, 02:20:25 AM
I thinks hacks like that sometimes happens I hope they learn from that but the issue here I think will be to bring KCS back to maybe 1$ I have a huge bag and the hack affected its price but still I think with their poolz Kucoin is still good to use if you like CEX

The possibility of kucoin gaining the previous volume or the user trust and thereby KCS share reaching previous price really depends on how they are going to handle the projects which didn't do the swap.
Based on the responses it looks like they aren't handling them well at this stage.
full member
Activity: 1470
Merit: 103
COMBO 2.0
October 20, 2020, 06:53:50 PM
I thinks hacks like that sometimes happens I hope they learn from that but the issue here I think will be to bring KCS back to maybe 1$ I have a huge bag and the hack affected its price but still I think with their poolz Kucoin is still good to use if you like CEX
full member
Activity: 1018
Merit: 113
October 20, 2020, 01:43:59 PM
After the Kucoin exchange was hacked, I lost all my trust. I urgently needed money and they aggrieve me by closing the money withdrawal. I got extremely angry and pulled all my assets from Kucoin and sold my Kucoin shares. Trusting a hacked exchange can be foolish. Be careful. Cry
such hacked is just an accident and it’s happen almost in big exchanges. nothing 100% safe in crypto btw we have to depend on exchanges dex or centralize. binance hacked back in 2019, this does not mean that no one uses it anymore btw no one was lost mony it’s recovered by safu fund. kucoin plans to recover their all of users money just wait and see.
legendary
Activity: 2660
Merit: 2229
https://t1p.de/6ghrf
October 20, 2020, 09:48:44 AM
Hacken did a research about the Kucoin hack. They suspect 3 reasons for the hack: web infrastructure, social engineering and Malicious actions of responsible employees. But nobody knows at this moment what really happened and there is still no answer from Kucoin.
But apart from that I find this is interesting to know:

Quote
Despite the exchange claiming to reimburse all losses to users, we can see that there are not enough funds on the identified KuCoin wallets to pay off the losses caused by the hack. In addition, the exchange did not have a secure asset fund from which to recover losses. Perhaps these funds are kept in bank accounts of the exchange or in “secret” wallets, but we do not have such information.
https://hacken.io/research/researches-and-investigations/kucoin-september-2020-hack-hacken-research/
hero member
Activity: 2352
Merit: 953
Temporary forum vacation
October 20, 2020, 04:12:33 AM
After the Kucoin exchange was hacked, I lost all my trust. I urgently needed money and they aggrieve me by closing the money withdrawal. I got extremely angry and pulled all my assets from Kucoin and sold my Kucoin shares. Trusting a hacked exchange can be foolish. Be careful. Cry

Well,,, next time do not wait for an exchange to get hacked before you lose all your trust.

Never trust an exchange no matter what. Keep everything you need and save in your own wallet this is the only way. Every exchange is "good" until they stop being good:)
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