Tagged: kucoin

United Nations Experts Claim that North Korea Might be Responsible for $281 Million Crypto Hacking Incident, KuCoin May have been Victim

A new United Nations inquiry into the reported theft of $281 million in crypto-assets from  KuCoin, a major digital currency exchange, in September 2020 “strongly suggests” links to North Korea. Industry participants claim that Seychelles-headquartered KuCoin could be the victim of one of the largest… Read More

Digital Assets and Banking Platform Cashaa to Expand Operations in India, the UK, Europe, US

UK-based Cashaa, a digital asset exchange and banking service provider, has revealed that it’s listing on KuCoin exchange in order to promote the adoption of its native CAS token. As reported in July 2020, more than $3 million in Bitcoin (BTC) were allegedly stolen from… Read More

Chainalysis Reveals how KuCoin Hackers Used DeFi Platforms Uniswap, KyberSwap to Move $275+ Million in Stolen Cryptocurrency

Chainalysis, a leading blockchain analysis and security firm, has provided an update regarding the recent KuCoin exchange hack, which led to around $280 million in digital assets being stolen (according to estimates confirmed by many industry participants). Chainalysis noted that on September 25, 2020, hackers… Read More

Decentralized Finance Growth Challenges: Ethereum 2.0 Development Experiences Difficulties, DeFi Protocol Yearn.Finance Bug Discovered

DeFi (decentralized finance) growth continued this week as Galaxy Digital, a full-service crypto merchant bank, made strategic investments in Parafi, a digital asset fund focused on DeFi investments. As noted by KuCoin exchange (which was hacked recently): “Following bitcoin (BTC) and ethereum’s (ETH) trajectory, leading… Read More

Ocean Protocol Devs Perform Hard Fork Following KuCoin Hack, Leading to $150 Million in Losses, including $8.6 Million in OCEAN Tokens Stolen

Fork

The developers of the Ocean Protocol, which allows software engineers to build marketplaces and other apps to privately and securely publish, exchange, and consume data, confirmed (on September 28) that on September 27, 2020, the Ocean Protocol Foundation had initiated a hard fork or backward-incompatible… Read More

Singapore Cryptocurrency Exchange KuCoin Celebrates 3rd Anniversary

Singapore-based global cryptocurrency exchange KuCoin announced on Monday it celebrated its third anniversary. The platform revealed that as part of a celebration, it will launch a series of campaigns with very exciting prizes, including a Porsche 911, iPhone, KuCoin merchandise, and token rewards.  Founded in 2017,… Read More

Binance Coin (BNB) and OKEx’s (OKB) Exchange Tokens are Undervalued, while KuCoin (KSC) and Bitfinex (LEO) are Overvalued: Report

The Token Insight team notes that in the crypto-asset sector, it’s always challenging to accurately provide realistic valuations for digital assets. At present, there’s no consistent or uniform industry-standard or reliable valuation method that would allow us to discover the real value of cryptocurrencies, the… Read More

Little “Evidence” of Manipulative Practices on Crypto Exchanges Bitfinex, Kraken, but Huobi, OKEx showed “Overwhelming” Signs of Such Activities: Report

The Blockchain Research Lab published a report on August 20, 2020, in which it noted that previous studies have alleged or found that cryptocurrency exchanges use wash trading to “falsely signal their liquidity.” The team at Blockchain Research Lab said they had monitored twelve digital… Read More

KuCoin P2P Fiat Market Supports Buying Crypto With USD Through PayPal

Singapore-based global cryptocurrency exchange KuCoin announced on Wednesday its P2P Fiat Market added support for US Dollars (USD), allowing traders to buy cryptocurrencies like USDT, BTC and ETH with USD through PayPal and other payment methods. According to KuCoin, This is another mainstream fiat currency… Read More

Roche Cyrulnik Freedman and Selendy & Gay File Multiple Class Actions Against Well Known Crypto Exchanges, Also Targets Manipulative Conduct at Bitmex

Two law firms, Roche Cyrulnik Freedman and Selendy & Gay, have jointly filed 11 class actions against well-known crypto exchanges. The lawsuits also include accusations of “manipulative conduct” by Bitmex. The allegations were filed in the Southern District of New York against four crypto exchanges… Read More

KuCoin Announces “Project Pinocchio” With Multiple Blockchain Institutions to Tackle Dishonest Behaviors in the Crypto Space

Singapore-based global cryptocurrency exchange KuCoin recently announced the launch of its new project “Project Pinocchio” together with 21 blockchain institutions from around the world. KuCoin describes Project Pinocchio as a neutral and credible alert platform for less trustworthy projects in the cryptocurrency industry. The platform… Read More

KuCoin Unveils Instant Exchange Service Feature

KuCoin, a Singapore-based global cryptocurrency exchange, announced on Wednesday the launch of its Instant Exchange service, which allows instant crypto transaction service for BTC, ETH, LTC, XRP, BCHABC, and USDT. The service was developed by KuCoin and a market maker of the Chicago Mercantile Exchange… Read More

KuCoin Launches One-Stop Cryptocurrency Trading Platform Solution Product “KuCloud”

KuCoin, a Singapore-based global cryptocurrency exchange, announced on Thursday the launch of its new one-stop crypto trading platform solution product, KuCloud. According to KuCoin, Kucloud offers two products, XCoin and XMEX. It is also able to deliver key functionalities of KuCoin Spot platform and KuMEX… Read More

KuCoin Crypto Exchange Delists 10 Tokens

Top 100 cryptocurrency exchange KuCoin announced December 21st that it has “disqualified” 10 tokens and is delisting them from trading on the exchange. The affected tokens are: Jibrel Network (JNT) WePower (WPR) Modum (MOD) EthLend (LEND) STK (STK) Asch (XAS) Bread (BRD) BitClave (CAT) Mobius (MOBI)… Read More

KuCoin Teams Up With Simplex to Enable Credit & Debit Card Payments For Mainstream Crypto Users

KuCoin, a Singapore-based international cryptocurrency exchange, announced on Thursday it has formed a new partnership today with Simplex, an EU financial institution providing fraud-free payment processing solutions. According to KuCoin, the partnership will enable new as well as current KuCoin users worldwide to purchase crypto using their… Read More

Exchange Rankings Shake Up: Researchers Say Two-Thirds of Crypto Trade Volume is Fake

Two-thirds of all trade volume in crypto- or $6 billion dollars per day- is faked, say researchers at the Blockchain Transparency Institute (BIT), and many of the world’s “top” crypto exchanges aren’t even coming close. The researchers made their conclusions after comparing the order books… Read More

Cryptocurrency Exchange KuCoin Launches Institutional Investor Program

Asian cryptocurrency exchange KuCoin recently announced the launch of its new institutional investor program. According to KuCoin, the program was created in order to encourage institutional investors on its platform participate more actively in trading activities. The exchange describes institutional investors as those that participate in… Read More

Fintech Software Platform HyperQuant Forms New Partnership With Cryptocurrency Exchange KuCoin

HyperQuant, a fintech software platform, announced on Friday it has signed a partnership agreement with international cryptocurrency exchange, KuCoin. According to HyperQuant, the partnership agreement covers numerous spheres of collaboration. The platform claims that its team experts were chosen to support KuCoin with the development of the new… Read More

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