• Advertise
  • Submit a Press Release
  • Contact Us
Blockchain & Cryptocurrencies Tabloid
  • Finance & Blockchain News
  • Bitcoin News
    Bitcoin Market Update: Surge Driven by Institutional Inflows and Whale Accumulation

    Bitcoin Market Cap Gains $124 Billion in ‘Uptober’

    Unverified Bitcoin Holdings Claim for Marathon Digital

    Unverified Bitcoin Holdings Claim for Marathon Digital

    Bitcoin ETFs Draw $2.2B Amidst Price Surge

    Bitcoin ETFs Draw $2.2B Amidst Price Surge

    $4.33 Billion Crypto Options Expire Today

    $4.33 Billion Crypto Options Expire Today

    Ray Dalio Labels Bitcoin as “Alternative Money” Amid Rally

    Ray Dalio Labels Bitcoin as “Alternative Money” Amid Rally

    Bitcoin Valuation and Satoshi Nakamoto

    Satoshi Nakamoto’s Bitcoin Holdings Exceed $130 Billion

  • Altcoin News
    • All
    • Bitcoin Cash
    • Cardano
    • EOS
    • Ethereum
    • Litecoin
    • Monero
    • Ripple
    • Stellar
    SEC Delays Decision on Canary Capital Litecoin ETF

    SEC Delays Decision on Canary Capital Litecoin ETF

    SEC Misses Canary Capital Litecoin ETF Deadline

    SEC Misses Canary Capital Litecoin ETF Deadline

    Ethereum Stablecoin Surge: Institutional Confidence & Market Impact

    Ethereum Stablecoin Supply Hits Record High of $172B

    VanEck Registers Lido Staked Ethereum Trust

    VanEck Registers Lido Staked Ethereum Trust in Delaware

    VanEck Registers Lido Staked Ethereum Trust, Influencing LDO Prices

    VanEck Registers Lido Staked Ethereum Trust in Delaware

    VeChain’s Treasury Declines to $167M Amid Market Volatility

    VeChain’s Treasury Declines to $167M Amid Market Volatility

    Trending Tags

    • Ethereum
    • Bitcoin Cash
    • Litecoin
    • Monero
    • Ripple
  • Crypto 101
    • All
    • Cryptocurrencies
    • Exchanges
    • Services
    • Wallets
    Benefits Of Choosing the Right AI Trading Bot

    4 Benefits Of Choosing the Right AI Trading Bot

    Crypto Trading

    A Beginner’s Guide to Crypto Trading: Unlocking the World of Digital Coins

    BitcoinGames.com

    BitcoinGames.com Introduces the Ultimate Casino Gaming Experience with Bitcoin

    How AI is Helping Athletes and Fans Get the Most out of the Game

    From Training to Judging, AI is Entering the Ring

    Top 5 Websites for Buying Gift Cards with Crypto

    Clutch Savours – Gift Certificates You Can Buy with Crypto

    Layer 2 Blockchains

    Everything You Need To Know About Layer 2 Blockchains

  • Blockchain Events
No Result
View All Result
Blockchain & Cryptocurrencies Tabloid
No Result
View All Result

KICKICO Set to Return Stolen Tokens After Suffering a $7,7 Million Attack

Vladimir C. by Vladimir C.
July 27, 2018
in Finance & Blockchain, Latest News
Attacker

Ethereum-based crowdfunding-orientated platform KICKICO announced that it had suffered an attack and that the hackers managed to get away with 70 million KICK tokens, the current equivalent of $7,7 million.

The company stated that its team learned about the attack hours later after it happened when various users started complaining that they couldn’t find their tokens.

email

The KICKICO team urged users to stay calm as it managed to get control over the situation and to restore the full functionality of the smart contract. According to the announcement, hackers got access to the private key of a KickCoin smart contract that integrated with the Bancor network.

To keep their activity as stealthy as possible, the hackers deleted tokens from 40 addresses and generated the corresponding amount of tokens at other 40 addresses. This way, the attackers ensured that the total amount of tokens in the system stayed practically unchanged.

Thanks to the community’s swift response, the team was able to react relatively quickly and prevented further losses. This was done by replacing the compromised key with a different one of the cold storage.

Attack

KICKICO’s team seems to be made up of true professionals

“At the moment, the control over the smart contract has been fully restored. The project team asks all those whose tokens have been stolen to email report@kickico.com for the return of funds to wallets,” the team stated in their announcement.

The team went on further to apologize for the incident and guaranteed the return of the stolen funds to all those wronged: “We’ll return exact amount of tokens to their legit owners. We apologize for the inconveniences, but guarantee that the situation is under control.”

KICKICO is specialized in crowdfunding and fundraising in the crypto world. In short, the platform makes it as straightforward as possible to its users to buy tokens of various innovative projects in their early stages.

At the time of this writing, KickCoin (KICK) is listed 133rd on CoinMarketCap and has only lost somewhere around the 1,28% mark in 24 hours.

Tags: AttackBlockchainBreachCrowdfundingCryptocurrencyFundraisinghackKICKICOsecurity
Previous Post

Swiss Market Authority Investigates Envion AG for Potentially Illicit ICO

Next Post

Skrill Supports Fiat-to-Crypto Transactions

Vladimir C.

Vladimir C.

Related Posts

Bitget Partners with UNICEF to Train 300,000 in Blockchain

Bitget Partners with UNICEF to Train 300,000 in Blockchain

by Solomon M.
October 3, 2025

Bitget teams up with UNICEF for a blockchain education initiative targeting global youth.

TOKEN2049 Singapore 2025 Overview

High-Profile Lineup Headlines TOKEN2049 Singapore 2025

by Solomon M.
October 3, 2025

TOKEN2049 Singapore 2025 features key industry leaders, focusing on crypto advancements.

Coinbase Alerts on Crypto Treasury Firm Consolidation

Coinbase Alerts on Crypto Treasury Firm Consolidation

by Solomon M.
October 3, 2025

Coinbase warns of consolidation in the digital asset treasury sector, led by major market players.

Nomura Expands Crypto Presence in Japan

Nomura Expands Crypto Operations Amid Growing Japanese Demand

by Solomon M.
October 3, 2025

Nomura is enhancing its crypto presence in Japan, responding to rising digital asset demand through strategic licensing and partnerships.

ConsenSys CEO Advocates for Crypto Tech Over Partisan Politics

ConsenSys CEO Advocates for Crypto Tech Over Partisan Politics

by Solomon M.
October 3, 2025

ConsenSys CEO Joseph Lubin asserts crypto innovation should transcend politics, amid MetaMask token launch anticipation.

CME Group to Launch 24/7 Crypto Futures Trading

CME Group to Launch 24/7 Crypto Futures Trading

by Solomon M.
October 3, 2025

CME Group plans 24/7 trading for crypto futures in 2026, enhancing market accessibility.

We Recommend

Top Rated Casinos
Bitstarz Casino

BitcoinCasino.io
Top Crypto Betting
1xBit.com
Top Rated Exchanges
Binance Exchange

Bityard.com
Top Advertising Services
Coinzilla Display Network
Top Crypto Wallets
Ledger Nano X

  • Terms and Conditions
  • Privacy Policy
  • Advertise
  • About Us
  • Contact Us

© 2018-2019 theccpress.com by Brantell Media.

No Result
View All Result
  • Finance & Blockchain News
  • Bitcoin News
  • Altcoin News
  • Crypto 101
  • Blockchain Events

© 2018 - 2019 theccpress.com, a Brantell Media project.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.