KuCoin Stolen Funds Flow into Uniswap, Intensifying CEX Security Challenges

As of 0 AM today, the three ERC-20 asset projects OCEAN, ORN, and KAI affected by the KuCoin exchange theft have all completed upgrades, with ORN and KAI already completing token swaps on KuCoin. Yesterday (September 27) afternoon, these three stolen assets flowed into the decentralized exchange Uniswap. According to Beijing Lian'an, a blockchain security firm, hackers profited 266 ETH at one point. In this incident, over 21 million OCEAN tokens were stolen from KuCoin, valued at approximately $8.6 million, and this is just the tip of the iceberg.