After the Kucoin indictment on Tuesday, subsequent onchain data from Nansen indicates that, to date, $1.7 billion in funds have been withdrawn from the exchange. Crypto Assets Worth $1.7 Billion Pulled From Kucoin Since the Department of Justice (DOJ) accused Kucoin and its founders of breaching the Bank Secrecy Act and anti-money laundering regulations, there […]
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Following the Department of Justice’s (DOJ) legal action against Kucoin and its founders, analysts from Nansen specializing in real-time onchain data revealed that Kucoin experienced a withdrawal of $99 million in Ethereum-based assets and $109 million in outflows from various EVM-compatible chains. Ethereum and EVM Chains See $200 Million Outflow From Kucoin On a Tuesday, […]
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While digital currencies like bitcoin and ethereum lost roughly 10% in value during the last seven days, the decentralized finance (defi) economy has weathered the storm better than the top two leading crypto assets. A slew of blockchain games coins, defi tokens, and metaverse assets like gala, crypto.com coin, wax, kadena, wonderland, and avalanche have […]
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The 72nd-largest cryptocurrency by market cap reached its two-month high amid a rally across exchange-based digital assets but faces downside risks due to overvaluation and thin volumes.
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After what appears to be a multi-day bull run for most cryptocurrencies, the momentum may be coming to end fairly soon. Some of the top markets are already dipping in the red, which usually doesn’t bode too well for alternative offerings. As some markets struggle, others will continue to soar. The KuCoin Shares price, however, is getting battered on an hourly basis at this point. KuCoin Shares Price Tanks Hard Some of the top cryptocurrency exchanges have issued their own tokens or asset in recent years. Binance Coin gets most of the attention, although KuCoin Shares has also garnered a
The post KuCoin Shares Price Tanks Further Despite Buyback Announcement appeared first on The Merkle Hash.
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KuCoin, one of the most popular cryptocurrency exchanges, has officially launched KuCoin Platform 2.0. In addition to brand-new interfaces for the KuCoin website, iOS and Android Apps, Platform 2.0 brings plenty of new features like a new WebSocket API, Stop Orders, Device Trust System, and SNS push notifications. KuCoin 2.0 is much more than a single exchange, it is a dynamic, secure and malleable trading platform that is able to provide stable and efficient services to KuCoin’s 5 million global users.
The post PR: KuCoin Launches Platform 2.0 With Advanced API and Various Order Types appeared first on Bitcoin News.
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The Korean Customs Service has added cryptocurrency mining hardware to its list of items required to meet safety requirements in order to be imported into the country. The announcement comes following a $1.2 million USD seizure of mining hardware in recent months, prompting concerns over the potential for poorly manufactured hardware to increase fire risks […]
The post Korean Customs Service Toughens Regulations on Importing Mining Chips appeared first on Bitcoin News.
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While there is weight to the argument that the success of one cryptocurrency promotes the success of all cryptocurrencies, there are certainly a number of coins whose communities and even development teams have adopted a position of spite and rivalry toward competing projects. Here are five of the best rivalries throughout cryptocurrency. 5. Binance Coin vs KuCoin Shares While Binance emerged as the premier altcoin exchange in 2017, high withdrawal fees, dust issues, and registration closeouts led many traders to seek something better than even Binance. From this search, KuCoin emerged late last year. Binance Coin (BNB) and KuCoin Shares
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Altcoin exchanges have been a hot topic recently. Top exchanges earned tens or even hundreds of millions of dollars in 2017, despite users of virtually all exchanges running into frequent and significant problems. Such a huge market, combined with the lackluster nature of top providers, creates a prime opportunity for new exchanges to enter the market and potentially grow on the scale of magnitudes. For individuals looking for a slice of the pie, KuCoin Shares (KCS) provides an interesting opportunity. KCS is the fuel behind the KuCoin exchange, a new and quickly growing altcoin exchange striving to rival major players such as Binance. The
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