KuCoin’s Twitter account was briefly compromised, causing the platform’s users to lose over 22,000 USDT to hackers through fake activity.
The crypto exchange was able to recover its account and promised to reimburse affected users.
KuCoin revealed that hackers took over its Twitter account for 45 minutes to promote a fake activity on Monday, April 24. While the incident was brief, the company said that it identified 22 transactions in connection with the fraudulent activity, including ETH and BTC, with the value of the losses totaling 22,628 USDT.
The crypto exchange has since recovered its Twitter account but stressed that it was the only channel that was affected, implying that the website and other social media accounts were safe.
Following the incident, KuCoin promised to reimburse affected users while it is carrying out investigations and blocking suspicious addresses. The platform also said it would boost security to prevent a similar incident in the future.
5/ In addition to

Czytaj więcej

We współpracy z: https://cryptopotato.com/kucoins-twitter-account-hack-led-to-asset-losses-worth-over-22000/