In case you missed it, two weeks ago, one of the highest volume exchanges, KuCoin, suffered a substantial loss to their hot wallets due to a security breach involving the majority of tokens listed on their exchange. With this loss, approximately 400 million KAT were transferred to the hacker’s address. This represents a large portion of the circulating supply, so we have decided to proactively address this situation by taking a snapshot of all wallets…
Greetings Kambrians. We hope this finds you well. It’s time for a KuCoin security incident update. Last week, we got the unfortunate news that Kambria’s highest volume exchange, KuCoin, had been breached by nefarious hackers. At least two of their hot wallets were tragically drained, and with it, at least 400 million KAT were stolen. The total amount of cryptocurrencies stolen are not known to us, but it appears that over 200 million dollars worth…
