KuCoin to Require KYC Verification for All Users
KuCoin, a leading cryptocurrency exchange, has announced that it will implement mandatory identity verification procedures for all users. The exchange said the move is necessary to comply with global regulations and enhance user security. KYC, or Know Your Customer, is a process that requires users to provide their personal information, such as name, address, date […]
KuCoin Suspends Bitcoin, Litecoin Mining Pools
KuCoin, an exchange with over 20 million clients, will pause its Bitcoin and Litecoin mining pools as part of a shift towards its core business focus. Without going into more detail, the exchange stated that the choice was “in line with KuCoin’s evolving business strategy .” Uncertainty exists regarding the decision’s connection to the imminent […]
KuCoin Recovers Twitter Account After Hackers Scammed Users
KuCoin, a crypto exchange platform, has announced that it has regained control of its official Twitter account after hackers posted a fake giveaway and stole over $22,000 from users. According to a tweet from KuCoin , the hackers compromised the exchange’s Twitter handle for about 45 minutes on April 24th. During that time, they posted […]
KuCoin Lists Native Token of TON Blockchain
KuCoin exchange, which trades more than $1.7 billion worth of cryptocurrencies every day, said today that it will list Toncoin, the native token of the TON (The Open Network) blockchain. KuCoin announced that the token will be listed on October 27 and can be traded right away in the TON/USDT pair. This announcement will bring […]
Johnny Lyu, CEO of KuCoin, launches “Anti-FUD Fund”
The exchange’s Anti-FUD Fund was established soon after a dispute between KuCoin CEO Johnny Lyu and a whistleblower who said the exchange was bankrupt. The CEO of cryptocurrency exchange KuCoin claims that the company is establishing a “Anti-FUD Fund” to find “FUDers,” potentially pursue legal action against them, and instruct cryptocurrency users on how to […]