#hacker

On September 25, 2020, KuCoin fell victim to a massive hacker attack. The hacker managed to withdraw a total of $ 281 million in cryptocurrency from hot wallets. The KuCoin platform took responsibility for the counter-attacks and managed to recover most of the stolen funds with the help of its partners in the cryptocurrency field. $ 204 million in cryptocurrency was returned to users.

After the update, KuCoin fully restored the input and output functions of the three most traded digital currencies: Bitcoin (BTC), Ether (ETH), and stable currency Tether (USDT), backed by the US dollar.