Crypto Game
  • Advertise
  • Submit a Press Release
  • Contact Us
Blockchain & Cryptocurrencies Tabloid
  • Finance & Blockchain News
  • Bitcoin News

    Societe Generale Partners with 21Shares to Boost Crypto ETP Liquidity

    David Marcus Advocates for Bitcoin in Financial System

    David Marcus Advocates for Bitcoin as Global Payment Network

    Fidelity Pushes for In-Kind Creations in Crypto ETFs

    Fidelity Amends Spot Bitcoin ETF for In-Kind Redemptions

    Tesla Reports $284 Million Bitcoin Gain

  • Altcoin News
    • All
    • Bitcoin Cash
    • Cardano
    • EOS
    • Ethereum
    • Litecoin
    • Monero
    • Ripple
    • Stellar

    Anchorage and Ethena Launch GENIUS Act Compliant Stablecoin

    deBridge Initiates Revenue-Powered DBR Token Buyback

    BlackRock’s Ethereum ETF Exceeds $10 Billion in AUM

    Ethereum Faces Market Turmoil Amid Staking Withdrawals

    XRP Price Drops After Ripple Co-Founder’s Token Transfer

    Brazil’s VERT Introduces $130M Agribusiness Security on XRP Ledger

    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

Report Mistakenly Attributes $10.22B ETH Holding to BlackRock

by Solomon M.
July 24, 2025

Confusion arises as reports mistakenly link BlackRock to $10.22B Ethereum holdings, later clarified as Wrapped eETH market cap.

GameSquare Acquires $10M in Ethereum in Latest Investment Move

by Solomon M.
July 24, 2025

GameSquare executes a $10M Ethereum acquisition, signaling institutional crypto strategy pivot.

Dow Inc. Reports First Quarterly Loss in Five Years, Impacting Shares

by Solomon M.
July 24, 2025

Dow Inc. reports first quarterly loss in five years impacting shares, citing economic uncertainties.

Dow Inc. Reports First Quarterly Loss in Five Years, Affecting Crypto Markets

by Solomon M.
July 24, 2025

Dow Inc. reports its first quarterly loss in five years, causing ripple effects in both equity and crypto markets amid...

Ghana’s Central Bank to Propose Crypto Regulations by 2025

by Solomon M.
July 24, 2025

Ghana plans to introduce crypto regulations by 2025 to ensure stability and adoption.

UBS Ends Aladdin Contract, Moves Credit Suisse Assets

by Solomon M.
July 24, 2025

UBS ceases Aladdin platform use, shifting Credit Suisse funds to its systems, aiming for cost savings.

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.