3 / 3 Relevant items tagged with #KuCoin

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New York Attorney General Files Lawsuit Against Kucoin and Declares Ethereum a Security

[Mar 9, 2023 3:50 PM] On March 9, 2023, New York attorney general Letitia James announced that her office had once again cracked down on crypto platforms by filing a lawsuit against the Seychelles-based crypto exchange Kucoin. Members of the Office of the Attorney…

Crypto Exchanges Allow Russians to Circumvent Sanctions, Report Alleges

[Feb 25, 2023 11:00 PM] Major crypto exchanges have failed to prevent sanctioned Russian banks and traders from transacting, according to a blockchain forensics report. At least two established coin trading platforms continue to allow Russians to use their bank cards in…

NFT Marketplace Blur Launches Native Token, BLUR Price Drops 85% in a Matter of Hours

[Feb 14, 2023 2:30 PM] The Blur non-fungible token (NFT) marketplace launched its native token this week, and users who were awarded token allotments received “care packages.” Blur tokens began trading at noon on Feb. 14, reaching a high of $5.02 per token…

Argentina Mulls Inclusion of Proof-of-Solvency Requirements in Crypto Regulation

[Feb 10, 2023 3:30 AM] Regulators in Argentina are mulling the inclusion of stringent requirements in their next cryptocurrency regulatory framework. According to reports, institutions like the national securities regulator, the CNV, will be studying the inclusion of…

KuCoin Stakes 47.9 Billion LUNC Tokens, Good News For Holders?

[Feb 9, 2023 5:00 PM] Terra Classic (LUNC) has had a rough go of it since the TerraUSD (UST) crash back in May 2022. Since then, the digital asset has been trading at over 99% less than its value had been but despite this, the cryptocurrency continues to enjoy the…

FTX’s Exchange Token FTT Sees Mysterious Pump Amid Bankruptcy Case, SBF Fraud Charges

[Jan 11, 2023 11:30 AM] As the FTX bankruptcy case and fraud charges against co-founder Sam Bankman-Fried continue to unfold, the value of the exchange’s token, FTX Token (FTT), has seen significant growth. Since Jan. 9, 2023, FTT has risen 28.42% and currently sits…

Three Countries Account for Nearly Two-Thirds of Africa’s Crypto Holders — Study

[Dec 21, 2022 4:30 AM] According to a new study, out of the estimated 55.3 million cryptocurrency holders that are spread among 33 African countries, three countries — Nigeria, South Africa, and Kenya — account for approximately 36.14 million or nearly two-thirds of this…

FTT Breaks $1 Support for the First Time Since FTX Collapsed, Token Struggles With Dwindling Trade Volume

[Dec 20, 2022 12:30 PM] Despite FTX’s collapse last month, the trading platform’s crypto token FTT had managed to not plummet all the way down to zero, and surprisingly it hovered below the $2 per unit region after Nov. 12, 2022. For 38 days FTT remained above the $1 per…

Total crypto market cap takes another hit, but traders remain neutral

[Dec 16, 2022 1:42 PM] The total crypto market cap is at risk of falling below $825 billion, but data shows traders actively adding to their longs and shorts.

Accounting Firm Mazars Stops Proof-of-Reserve Audits for Crypto Firms, Binance Audit Removed From the Web

[Dec 16, 2022 9:30 AM] The accounting firm Mazars Group has stopped doing proof-of-reserves (POR) audits for cryptocurrency exchanges and the recently published Binance POR has been removed from the web. Mazars was conducting a number of POR audits for crypto exchanges…

Dutch central bank says KuCoin is not licensed and 'illegally offering services'

[Dec 15, 2022 4:10 PM] "This may increase the risk of customers becoming involved in money laundering or terrorist financing," says De Nederlandsche Bank.

Audit firm Mazars to verify KuCoin’s proof of reserves

[Dec 5, 2022 4:00 AM] Mazars, the former accounting firm for Donald Trump’s companies, was hired recently to audit Binance’s PoR.

Binance’s Bitcoin Reserve Stash Nears 600,000, Company’s BTC Cache Is Now the Largest Held by an Exchange

[Nov 20, 2022 12:30 PM] While there’s been a lot of discussions concerning proof-of-reserves, self-custody, and the more than $5 billion in bitcoin and ethereum that left exchanges between Nov. 7 through Nov. 14, 2022, Binance’s bitcoin stash has grown…

Huobi Becomes Latest Crypto Exchange to Disclose Proof-of-Reserves

[Nov 15, 2022 1:30 AM] Huobi, the Seychelles-based crypto exchange, recently became the latest digital asset exchange platform to reveal the number as well as the value of its digital assets held in reserves. Huobi has said disclosing the assets held in reserves helps to…

Crypto Trading Platforms Deal With Massive Withdrawal Requests — Over $5 Billion in BTC, ETH Removed From Exchanges

[Nov 14, 2022 9:30 AM] During the last week, the crypto community has been dealing with the demise of FTX and its affiliated crypto businesses, and ever since then, the proof-of-reserves topic has found its way to the forefront of conversations. Another silver lining to…

Proof-of-Reserves Concept Gains Traction as Major Crypto Exchanges Provide Wallet Lists and Promise Full Audits

[Nov 12, 2022 10:00 AM] When it was first discovered that FTX might be insolvent, a large slew of crypto exchange executives said that they aimed to provide proof-of-reserves audits. While exchanges like Binance and Crypto.com have provided wallet addresses tied to…

OKX, Kucoin say proof of reserves will be ready in a month

[Nov 9, 2022 4:18 PM] Similar protocols are used by Kraken, Bitmex, Gate.io, and many other exchanges, but were not used by FTX.