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Topic: Exchange KuCoin and KuCoin shares - page 3. (Read 38800 times)

sr. member
Activity: 1778
Merit: 385
October 19, 2020, 03:13:17 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
legendary
Activity: 3108
Merit: 1029
October 11, 2020, 11:48:20 PM
It's not letting me withdraw my Neblio coins.  Says "Wallet Upgrade."  It's related to the hack.  I hope they cover this coin soon.
Only 10 or 15 altcoins are open for deposit/withdrawal/staking the rest of the cryptocurrencies are frozen until the next update which you can check the latest news with this link: https://www.kucoin.com/news

It's not only 10 or 15 and i ask you now if did you read the article that you have mentioned it in your post? It's clearly stated that more than 80 coins have already opened its withdrawal and deposit service.
I think you should do a double check for that again. It looks like you didn't read the latest update about this incident by kucoin.
sr. member
Activity: 2226
Merit: 259
Buzz App - Spin wheel, farm rewards
October 11, 2020, 02:25:24 PM


Do you think people are more trusting of the exchange because they will now be wiser when it comes to the security of the server and the funds?

A few exchanges are high liquidity in the crypto space such as Binance,Huobi,KuCoin and most of the people’s highly trusting with those exchanges. I think that's not problem but i don’t recommended to use any exchange as for their wallet. It's very risky to hold long term your assets in any exchange.             
hero member
Activity: 1470
Merit: 521
No more Rekt and Bust
October 10, 2020, 06:12:55 PM
It's not letting me withdraw my Neblio coins.  Says "Wallet Upgrade."  It's related to the hack.  I hope they cover this coin soon.
Only 10 or 15 altcoins are open for deposit/withdrawal/staking the rest of the cryptocurrencies are frozen until the next update which you can check the latest news with this link: https://www.kucoin.com/news
If you want to withdraw, sell the Neblio for BTC-ETH pairs and buy the mentioned coins in this list which shows the available altcoins for withdrawal:  https://www.kucoin.com/news/en-the-latest-updates-about-the-kucoin-security-incident

I usually prefer to sell for high liquidity altcoins and convert these altcoins to BTC on Binance. For example, check Coinmarketcap and find the altcoins that have pairs on both Kucoin and Binance, later follow the necessary steps for not losing the commission.
hero member
Activity: 2730
Merit: 552
October 10, 2020, 04:21:53 PM
It's not letting me withdraw my Neblio coins.  Says "Wallet Upgrade."  It's related to the hack.  I hope they cover this coin soon.
hero member
Activity: 1568
Merit: 511
October 07, 2020, 11:52:02 PM
The exchange was born in mid-September and promises and wants to become among the top 10 exchanges in the world, as well as its "twin" Binance.

Among its features:

Reliability: KuCoin uses data encryption, dynamic authentication, multi-level risk identification control, and other systems to guarantee transaction security.

Safe Wallet: The KuCoin wallet includes multilayer encryption, offline storage in a bank safe, funds escrow, and regular auditing by the bank.


Alright despite this post is 3 years ago
But rekt with 2 of this point xd

Anyhow seems like they are able to identify the hacker's identity
However they might take some time to prove themself again on "Safe Wallet" and "Reliability"
hero member
Activity: 2800
Merit: 595
https://www.betcoin.ag
October 07, 2020, 12:56:35 PM


Do you think people are more trusting of the exchange because they will now be wiser when it comes to the security of the server and the funds?

This is going to be crucial whether to decide to invest in the Kucoin Shares or finds a more profitable project to invest with. Will they ever guarantee now just like how Binance did in the past when they were hacked?


legendary
Activity: 2114
Merit: 1444
October 07, 2020, 12:33:37 PM
another good news today: deposits and withdrawals are now possible again on kucoin


https://www.kucoin.com/news/en-ada-deposits-and-withdrawals-now-open      

Quote
Dear KuCoin Users,

The deposit and withdrawal service of ADA has now resumed on KuCoin.

The deposit address of ADA has changed, please do not deposit to the old deposit address.

KuCoin will restore the full service gradually.

Thank you for your support!

The KuCoin Team        

but please be careful >>>>>The deposit address of ADA has changed
legendary
Activity: 3304
Merit: 8633
Crypto Swap Exchange
October 07, 2020, 09:04:27 AM
the latest updates about kucoin security incident:

Quote
BTC, ETH, USDT deposits and withdrawals have resumed, the TRC20-USDT, EOS-USDT deposit service now open.
https://www.kucoin.com/news/en-the-latest-updates-about-the-kucoin-security-incident

Quote
MVP, SOUL, VSYS, NEO, GAS Deposits and Withdrawals Now Open!
MVP, SOUL, VSYS, NEO, GAS Deposits and Withdrawals Now Open!

new listing on kucoin:

Quote
KuCoin is extremely proud to announce yet another great project coming to our NFT trading platform. Dego Finance (DEGO) is now available on KuCoin. Supported trading pairs are DEGO/USDT and DEGO/ETH.
https://www.kucoin.com/news/en-dego-finance-gets-listed-on-kucoin
legendary
Activity: 2114
Merit: 1444
October 06, 2020, 12:21:35 PM
almost every hour assets are unlocked again !  it is a very good information policy of kucoin. you can read everything on the telegram channel       
 i would also like to receive such good information from other projects. Grin

Quote
from telegram  COTI, EFX Deposits and Withdrawals Now Open!

The deposit and withdrawal services of the following projects have now resumed on KuCoin:
- COTI (COTI)
- Effect.AI (EFX)      
member
Activity: 630
Merit: 11
NEW MEDICINE:Faster, Safer, Smarter
October 06, 2020, 01:34:37 AM
KuCoin has been an outstanding exchange in the crypto space until the recent hack which is so unfortunate, but they will bounce back stronger.
The TG group of kucoin is very conducive right now as there's not FUD from people who didn't have any funds on kucoin. I have able to withdraw my money through convert it into BNB.

It looks like people were also still using this exchange site but that doesn't make sense for kucoin to open the service for USDT as it's the first coin that can be reimbursed.
It's interesting to see that less than a month and everything has been going back to the normal again but it's not about the trust of the users to kucoin.


Kucoin has pretty much handled the hack the right way up to this point . They have constantly been in touch through social media channels. They have alleviated most of the risks through the project teams help by re-issuing the tokens. They have also said no users will lose their money.

So I would say they will bounce back.
legendary
Activity: 3276
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
October 05, 2020, 05:39:21 PM
KuCoin has been an outstanding exchange in the crypto space until the recent hack which is so unfortunate, but they will bounce back stronger.
The TG group of kucoin is very conducive right now as there's not FUD from people who didn't have any funds on kucoin. I have able to withdraw my money through convert it into BNB.

It looks like people were also still using this exchange site but that doesn't make sense for kucoin to open the service for USDT as it's the first coin that can be reimbursed.
It's interesting to see that less than a month and everything has been going back to the normal again but it's not about the trust of the users to kucoin.
legendary
Activity: 2730
Merit: 1288
October 04, 2020, 11:21:17 AM
KuCoin exchange is being discussed in recent days, this is because KuCoin exchange was hacked. But I appreciate that the KuCoin team,
led by CEO Johnny Lyu, has finally succeeded in tracking down the wallet address used by the hackers. Hopefully in the near future the
identity of the hackers will also be known. While investors affected by the hack can rest easy, because KuCoin promises to compensate
investors.

A lot of such exchange hacks are inside job. Police knows that and for sure is searching in the right direction.
Who should not seep easy are the exchange owners. they will have to take loan and buy a coins they lost. Until then I would totally avoid doing anything on this exchange.
sr. member
Activity: 1666
Merit: 268
October 04, 2020, 08:41:43 AM
KuCoin exchange is being discussed in recent days, this is because KuCoin exchange was hacked. But I appreciate that the KuCoin team,
led by CEO Johnny Lyu, has finally succeeded in tracking down the wallet address used by the hackers. Hopefully in the near future the
identity of the hackers will also be known. While investors affected by the hack can rest easy, because KuCoin promises to compensate
investors.
sr. member
Activity: 2002
Merit: 250
October 04, 2020, 08:11:36 AM
The exchange resumed the deposit and withdrawal of some coins, as well as the addresses of these coins in the accounts has been changed
https://www.kucoin.com/news/en-enq-aion-dot-zil-bnb-man-one-xns-xtz-deposits-and-withdrawals-now-open
I also heard the news that Hackers have known their identities, of course this is good news, i
f they have found the perpetrators and their funds can return it is the positive side,
but of course this makes Kucoin one of the worst markets now
member
Activity: 202
Merit: 15
October 04, 2020, 04:56:16 AM
The exchange resumed the deposit and withdrawal of some coins, as well as the addresses of these coins in the accounts has been changed
https://www.kucoin.com/news/en-enq-aion-dot-zil-bnb-man-one-xns-xtz-deposits-and-withdrawals-now-open
full member
Activity: 714
Merit: 104
October 03, 2020, 07:07:26 AM
KuCoin Announces Latest Report On Measures Taken In Following Latest Exchange Hacking Incident
https://www.kucoin.com/news/en-the-latest-updates-about-the-kucoin-security-incident
Some coins have alreayd swapped its tokens and i can withdrawal my money from the kucoin. it looks like that if some coins have already available to be used for withdrawal purpose.

Kucoin has already said that if the WD will have opened at the end of this week but only some coins were available to be used for WD.
Even USDT which has already solved is not yet opened.
Kucoin suffered a lot because of hackers, and if users massively withdraw funds from the cryptocurrency exchange, then this threatens them with a full-fledged collapse. I think they need to be given time to regain their strength and regain confidence in themselves.
hero member
Activity: 2436
Merit: 503
Cryptocasino.com
October 02, 2020, 11:06:19 PM
KuCoin Announces Latest Report On Measures Taken In Following Latest Exchange Hacking Incident
https://www.kucoin.com/news/en-the-latest-updates-about-the-kucoin-security-incident
Some coins have alreayd swapped its tokens and i can withdrawal my money from the kucoin. it looks like that if some coins have already available to be used for withdrawal purpose.

Kucoin has already said that if the WD will have opened at the end of this week but only some coins were available to be used for WD.
Even USDT which has already solved is not yet opened.
full member
Activity: 649
Merit: 100
October 02, 2020, 06:20:14 PM
They need to rebuy all coins that were stolen. Worst thing that can happen is that they wait and bull run start and coins that were stolen make x10 pimps and then a $157 loss with turn into $1.5 billion loss. This is what sunk Mt.Gox. They ignored the problems they had.

Its a must thing but they had already spoken that they would patch up all of those losses but I doubt that they will considering on following or rebuying those lost coins that they had.
Im not that aware on Mt.Gox problem but since you do mentioned it then they should really need to avoid it.

If they will just ignore and not buy this coins that left their wallets, then in next bullrun their loss will be so huge that no profit from tradings can ever repay it. Then at some point people that will have stored ANY coins ( not only the ones that was stolen) on Kucoin will simple end up empty handed.  Even $150 million is a lot of money. They must act immediately and take a loan somewhere and rebuy all coins that was lost.
However, the theft that occurred on Kucoin was etherium coins, which occupy the second position in terms of market capitalization (1/5 of BTC) so there is still hope for the volume of transactions of coins such as Btc, Xrp, Theter and another . because all can be calculated by calculation profit per day to compensate for customer losses.
member
Activity: 202
Merit: 15
October 02, 2020, 09:17:10 AM
KuCoin Announces Latest Report On Measures Taken In Following Latest Exchange Hacking Incident
https://www.kucoin.com/news/en-the-latest-updates-about-the-kucoin-security-incident
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