KuCoin

Leading cryptocurrency exchange, KuCoin saw a massive $1 billion in crypto withdrawals over the past 24 hours, coinciding with a notable decrease in the exchange’s assets. What Happened: Arkham Intelligence data highlighted KuCoin exchange balance at $4.7 billion, down from more than $6...

Editor’s note: The story has been updated with a statement from KuCoin. The U.S. Department of Justice unsealed an indictment Tuesday against prominent crypto exchange KuCoin and two of its founders, Chun Gan and Ke Tang. What Happened: The Justice Department alleges KuCoin conspired to...

Obscuro Labs, the developer of the Ethereum (CRYPTO: ETH) Layer 2 network TEN ("The Encrypted Network"), announced that it raised $9 million in a funding round.  Enterprise blockchain firm R3 led the round, with Republic Crypto, KuCoin Labs, Big Brain Holdings, Magnus Capital and DWF...

The Financial Intelligence Unit of India (FIU IND) has taken a significant regulatory step by issuing compliance show cause notices to nine major offshore Virtual Digital Assets Service Providers (VDA SPs). These notices are in response to the entities' alleged failure to comply with India'...

New York Attorney General Letitia James on Tuesday announced a settlement with KuCoin, with the Seychelles-based exchange agreeing to pay over $22 million for failing to register as a securities and commodities broker-dealer and for misrepresenting itself as a crypto exchange and is now...

The cryptocurrency market experienced a notable surge in trading activities in November, with major exchanges seeing a substantial increase in both spot and futures trading volumes. What Happened: In an impressive month-over-month growth, spot trading volumes on major exchanges jumped by 60% in...

Bitcoin (CRYPTO: BTC) Layer-2 Stacks (CRYPTO: STX) has experienced a surge of 13% within the past 24 hours. This surge is accompanied by a significant spike in trading volume, which has seen a 230% increase, reaching a total of $165 million. What Happened: The majority of STX trading occurred on...

The U.K. Financial Conduct Authority (FCA) has intensified its scrutiny on the cryptocurrency sector. Exchanges including Huobi and KuCoin, among several others, have been highlighted for offering their services to U.K. residents without the necessary regulatory permissions, Bloomberg reported. As...

Crypto exchange KuCoin on Wednesday announced that it will be implementing an upgrade to its Know Your Customer (KYC) authentication protocols that seek to embrace global compliance standards, foster a more secure trading environment, and enhance the security measures for user accounts. As of...

New York Attorney General Letitia James filed a lawsuit Thursday against KuCoin, a virtual currency trading platform, for allegedly operating without proper licensure and registration as a securities and commodities broker-dealer. The lawsuit argues that Ether (CRYPTO: ETH), one of the largest...

Auditing firm Mazars Group suspended work for all cryptocurrency clients worldwide, according to Binance (CRYPTO: BNB), a cryptocurrency exchange and client of the auditing firm. “Mazars has indicated that they will temporarily pause their work with all of their crypto clients...

Johnny Lyu, the CEO of crypto exchange KuCoin was the first to announce ‘Proof of Reserves,’ after the FTX Token (CRYPTO: FTT) debacle sent shockwaves through the cryptocurrency industry. In an interaction with Benzinga, Lyu said that ‘Proof of Reserves’ is a direct...

Blockchain infrastructure provider Pocket Network confirmed that its native token, POKT, will be listed on the decentralized exchange KuCoin. The utility token claims to enable a two-sided, permissionless marketplace where app developers can access blockchain data via Pocket Network by staking POKT...

Cryptocurrency exchange Kucoin is in talks to buy the assets of ailing companies with strong core technologies, that can contribute to the growth of the industry but are being hurt in the market downturn, the company’s CEO Johnny Lyu said on Monday. In an exclusive interview with...

The native token of Terra (CRYPTO: LUNA) shot up over 180% for the week amid a market that saw major coins such as Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH) and Dogecoin (CRYPTO: DOGE) all register weekly gains. Top Gainers of Week Ending Sept. 12, 2022 (Data via CoinMarketCap)...