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

Main Reasons For ETH And XRP’s Price Boost – Crypto Gazette

November 22nd 2020

KuCoin, the Singapore-headquartered digital asset exchange that was hacked to the tune of $281 million in September, said 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 bitcoin, ether, tron, XRP, stellar lumens and various ERC-20 tokens, among others. KuCoin immediately moved to freeze all wallets and disable services. 

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