KuCoin has shut down rumors that it would be laying off 30% of its workforce but admitted there may be some “personnel adjustments” in the future.
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Category: Johnny Lyu
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KuCoin CEO Johnny Lyu launches ‘Anti-FUD Fund’
The exchange’s Anti-FUD Fund comes shortly after KuCoin CEO Johnny Lyu’s spat with a whistleblower who claimed the exchange was insolvent.
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Study: 7.6 Million South Africans Are Crypto Investors, Social Media Main Source of Crypto-Related Information
About 22% of South Africa’s adult population, or 7.6 million people, are cryptocurrency investors, findings by a study done by Kucoin cryptocurrency exchange have shown. According to the study, 72% of the respondents said they get information concerning particular crypto projects via social media. Influencers and media personalities were also found to be key opinion […]Powered by WPeMatico
Number of Africa-Based Users on Kucoin Platform Surge by 200% in First 10 Months of 2021
Despite largely lagging behind the rest of the world on many other metrics, Africa however appears to have taken the lead where cryptocurrency or the blockchain is concerned. Africa-Based Kucoin Users Skyrocket in 2021 In African countries that are plagued by currency woes or hyperinflation, cryptocurrencies have emerged as a genuine alternative store of value. […]Powered by WPeMatico
Kucoin Boss on Strategy After Hack: ‘We Chose to Act’
Kucoin, one of the leading crypto exchanges, suffered a hacking incident in 2020 where over $250 million was stolen. However, immediately after the hacking was reported, Kucoin began cooperating with various players from the crypto industry. This cooperation ultimately led to the recovery of a large chunk of the stolen funds. Kucoin’s Recovery From Attack […]Powered by WPeMatico
Kucoin Recovers 84% of Funds Stolen in $280 Million Hack
Kucoin chief executive officer Johnny Lyu revealed Wednesday that the exchange recovered 84%, or $235 million, of the $280 million stolen in one of crypto industry’s biggest hacks in September. In a tweet, Lyu said the affected funds have been recovered “via approaches like on-chain tracking, contract upgrade and judicial recovery. As asked by the […]
The post Kucoin Recovers 84% of Funds Stolen in $280 Million Hack appeared first on Bitcoin News.
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Kucoin CEO Says Exchange Hack Suspects ‘Found,’ $204 Million Recovered
According to the Kucoin exchange CEO Johnny Lyu, the trading platform has recovered $204 million in crypto assets since October 1. The exchange executive says the hacking suspects have been “found” and the “police are officially involved” in order to take action. On September 25, 2020, the crypto community found out that the Kucoin exchange […]
The post Kucoin CEO Says Exchange Hack Suspects ‘Found,’ $204 Million Recovered appeared first on Bitcoin News.
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Kucoin Hacker Leverages Uniswap to Dump Vast Number of ERC20 Tokens
Since the recent Kucoin hack, the crypto community has been waiting for the hacker to move funds. During the early morning hours (ET) on Sunday, a number of people noticed the Kucoin hacker started to move a large amount of ether and ERC20s to connect with the decentralized exchange (dex) Uniswap. The cryptocurrency exchange Kucoin […]
The post Kucoin Hacker Leverages Uniswap to Dump Vast Number of ERC20 Tokens appeared first on Bitcoin News.
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Kucoin Hacked for $150 Million in Bitcoin; Bitfinex and Tether Freeze $33 Million of the Stolen Funds
Cryptocurrency exchange Kucoin may have been hacked for $150 million in bitcoin and multiple ERC20 tokens. The Singapore-based exchange confirmed the September 25 security breach, but did not disclose the amount stolen. “Bitcoin, ERC-20 and, other tokens in Kucoin’s hot wallets were transferred out of the exchange,” said Kucoin in an update on Saturday. Meanwhile, […]
The post Kucoin Hacked for $150 Million in Bitcoin; Bitfinex and Tether Freeze $33 Million of the Stolen Funds appeared first on Bitcoin News.
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SaTT Smart Advertising Token Announces Listing on Leading Crypto Exchanges, KuCoin and Uniswap
Singapore, 18th September, 2020 – Smart advertising marketplace SaTT is proud to announce the listing of its namesake token SATT on leading digital assets trading platforms – KuCoin, a centralized exchange (CEX) and Uniswap, a decentralized exchange (DEX). Currently in the midst of its ICO, the SaTT project is making headlines across major news media […]
The post SaTT Smart Advertising Token Announces Listing on Leading Crypto Exchanges, KuCoin and Uniswap appeared first on Bitcoin News.
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