Ethereum Projects Continue to Freeze Tokens Affected by KuCoin Hack

Quick take: Multiple Ethereum based projects affected by the KuCoin have intervened Some have frozen their ERC20 tokens with others initiating hardforks  The KuCoin hack amount has increased to $203 Million and could continue climbing Almost immediately after the KuCoin hack, the team at Tether announced that it had frozen a total of $33 Million USDT stolen from the exchange. Ocean Protocol initially paused its smart contract and has decided to carry out a hard fork at block height 10,943,665 on the Ethereum mainnet to invalidate $8.6 Million in stolen OCEAN tokens Orion (ORN) has decided to do a 1:1 token swap at block 10,939,462 thus invalidating approximately $8.5 Million on stolen tokens Covesting has frozen COV tokens associated with the KuCoin hack SilentNotary will re-issue new SNTR tokens The team at Crypterium has sent out an email to holders advising them not to interact with the Ethereum address with the stolen CRPT funds Other Non-Ethereum Projects Taking Similar Actions Furthermore, projects on other networks were also affected by the KuCoin hack and they too have decided to take similar action.

They include: VELO Labs will invalidate all affected 122 Million VELO tokens on the Stellar network Kardian Chain will perform a 1:1 token swap to protect KAI holders from the hack Total Amount Stolen Has Increased to $203 Million At the time of writing, the total amount of funds stolen from KuCoin has jumped to $203 Million after KuCoin continued to provide crypto addresses linked to the hack. Below is a list of the new addresses of Bitcoin, Ethereum, Litecoin, XRP, Bitcoin SV, Stellar (XLM), Tether (USDT) and Tron (TRX), that KuCoin has published as being connected to the hack.

Timeline of Bitcoin, Bitcoin-sv, Crpt, Crypterium, Erc20, Ethereum, Litecoin, Ocean-protocol, Stellar, Tether, Xrp, Kardiachain, Orion-protocol, Tron