Cryptocurrency

KuCoin Token (KCS) Twitter Exploited, Sparklo (SPRK) Continues To Soar

IndustryTrends

Lately, several blockchain platforms have fallen victim to hacks and unfortunately KuCoin Token (KCS) recently made that list. The centralized exchange platform lost control of its official Twitter account for around 45 minutes from 00:00 Apr 24 (UTC+2). This led to a loss that has immensely affected the price value of the KCS token.

As a result, investors and holders of the token are currently running at a loss, however, there's a chance to recover. New comer cryptocurrency project, Sparklo (SPRK) presents a unique and secured opportunity for investors who chose to bank on it.

Official KuCoin Token (KCS) Twitter Account Hacked

News of KuCoin's official Twitter account being hacked aired a couple of hours ago. As a result, users are cautioned not to connect with or pay money to the bogus website mentioned on the twitter account. The development team is presently attempting to minimize the threat and restore access but has so far been unsuccessful.

KuCoin Token (KCS)(KCS), the eighth-largest cryptocurrency exchange by trading volume, had previously experienced a cyberattack In September 2020 which led to a loss of about $289 million. To recover the majority of the stolen cash, the KuCoin Token (KCS) team worked with other market exchanges and project partners. KuCoin Token (KCS) was able to recover $222 million, or 78% of the assets the hacker took during the incident.

As a result of the hack, the Seychelles-based exchange decided to freeze all wallets and shut down services. The identity of the hackers has not yet been realized.

The Seychelles-based exchange made the decision to freeze all wallets and shut down services as a result of the hack. To this day, the identity of the hackers have not been discovered.

KuCoin Token (KCS) is currently trading for US$8.01 with a 24-hour trading volume of $1.38 M. -1.68% has been lost by KuCoin Token (KCS)(KCS) over the past 24 hours. 

Sparklo (SPRK): A Unique and Secured Project for Investors

The Sparklo (SPRK) investing platform allows anybody to make quick fractional investments in silver, gold, and platinum. With each investment, a non-fungible token (NFT) will be created and fractionalized through the minting process. Users can then opt to invest in the entire gold bar that the NFT represents or just a piece of it. They can have the gold bar sent to their selected location once they have purchased the whole NFT.

Sparklo (SPRK) will use blockchain technology to not only allow anybody to invest in precious metals but also to function as a worldwide marketplace for buyers and sellers.

With the news of hacks on blockchain technologies here and there, you don't have to be worried about the security of your investment with Sparklo (SPRK). The platform has been audited by InterFi Network, and the team is now assessing a KYC application. Sparklo (SPRK) is doing everything to ensure the safety of those who choose to bank on it.

To get the most out of the project, investors and traders have the unique opportunity to invest early through its presale. At the level one presale, Sparklo (SPRK) is already trading for only $0.015. Analysts and cryptocurrency price predicting experts predict that the asset's value will climb by 4,000% in the next few months.

Find out more about the presale:

Buy Presale: https://invest.sparklo.finance

Website: https://sparklo.finance

Twitter: https://twitter.com/sparklo_finance

Telegram: https://t.me/sparklofinance

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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.

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