Is my money safe in KuCoin?

Could you please elaborate on the safety of funds held in KuCoin? I'm concerned about the security measures taken by the platform to protect investors' assets. What kind of encryption technology does KuCoin use to safeguard user funds? Are there any reports of significant hacks or security breaches in the past? Additionally, how does KuCoin handle the storage and withdrawal of cryptocurrencies to ensure the safety of transactions? I would also like to know if KuCoin offers any insurance or compensation in case of any security incidents. Thank you for addressing these concerns.