Main navigation

Hackers Withdraw 37,354,925 XRP from Attack-Battered KuCoin

Tue, 29/09/2020 - 14:19
Hackers Withdraw 37,354,925 XRP from Attack-Battered KuCoin
Cover image via
Read U.TODAY on
Google News

Major crypto tracker Whale Alert has spotted six major XRP transactions that carried a total of 37.3 mln XRP.

In fiat currency this constitutes $9,122,886 and is just a tiny portion of the $150 mln the hackers grabbed from KuCoin on Saturday, Sept. 26.

Image via Twitter

KuCoin suffers a hacking attack

The hack took place earlier, over the weekend, when the KuCoin team noticed that crypto assets from the hot wallets began to leave the exchange.

Overall, around $150 mln in cryptocurrencies (Including BTC, ETH, Chainlink, SNX and ERC20 tokens) were withdrawn.

Tron founder Justin Sun and chief of Binance, CZ, promised to freeze any of the funds the hacker might send to launder on their platforms.

KuCoin Hacker Moves $6.7 Mln in Synthetix Network Token (SNX) and Keeps Using Uniswap

37.3 mln of stolen XRP moved from KuCoin so far

KuCoin conducted an AMA on Saturday, described the situation to the community in detail and promised to reimburse the losses to all of its clients.

As it turned out later, among the stolen crypto was Ripple's native token, XRP.

The major blockchain tracking service Whale Alert has noticed that 37,354,925 has been moved so far today by the KuCoin hackers.

Earler, U.Today reported that the hackers made attempts to launder the stolen crypto via the recently launched automated dex Uniswap.


Latest Press Releases

Sui Recognized as 2024 Blockchain Solution of the Year at AIBC Eurasia Awards
ElmonX Unveils ‘The Scream’ NFTs by Edvard Munch For The First Time Ever
World's First Bitcoin Layer 2 Conference to Unite East & West in Hong Kong, April 2024
Is Bitcoin Mining Legal? Regions in the World Where Mining Is Legally Permissible
Zircuit, New ZK-Rollup Focused on Security, Launches Staking Program
AI Analysis Launches The AIA Mastercard – The Future of Crypto-Fiat Transactions
VAP Group hosts the majestic Global Blockchain Show 2024 in Dubai
Digital Transformation Week Is Returning to Santa Clara This Summer
Arab Financial Services (AFS) Enter Strategic Alliance with Xpence to Innovate SME Financial Management in Bahrain
Breaking Records: UXLINK Attracts 978,000 New Web3 Wallet Registration with $78,000,000 Deposit asset from February 01 to February 22, 2024
What To Expect from The Bitcoin Halving in April 2024
Testnet Launch for dWallet Network - Composable Modular Signature Network
ETH Denver Top Builders Base by Supermoon, Cointelegraph, NDC, Horizen, & Conflux
Citrea, Bitcoin’s First ZK Rollup, Announces $2.7M Seed Funding
Chromia’s Flagship Game ‘My Neighbor Alice’ Unveils 2024 Roadmap
First-Ever ICO on Bitcoin Blockchain: $3.1M Raised in Under 6 Days
CoinList to Host the MASA Token Public Sale as it Unleashes the World’s Personal Data Network
Sui Reveals Initial Wave of Speakers, Famed Venue for First Annual Basecamp Event
Vitalik Buterin Comes to Taiwan as Keynote Speaker at ETHTaipei 2024
Elevating Europe’s Crypto Hub: Next Block Expo Returns to Poland
Our social media
There's a lot to see there, too

Popular articles