The Singapore-based cryptocurrency exchange KuCoin has announced that they are delisting ten crypto tokens under their Special Treatment Rules framework that ensures that the tokens listed on the platform meet a strict set of operational criteria. The platform’s decision to delist these tokens comes amidst a persisting bear market that is leading many smaller cryptocurrencies…
After garnering the required votes, a major proposal has just passed in the KuCoin network. The proposal aimed at raising Terra Classic LUNC burns tax to 0.5%. Following the positive results, KuCoin declared increasing the LUNC network burn rate from 0.2% to the proposed 0.5%. LUNC Network Burn Tax Spikes On KuCoin KuCoin took to…
KuCoin utility token KCS has been in a sluggish condition in the last few days, as the major cryptocurrency exchange faces a flood of insolvency rumors. Tuesday’s CoinMarketCap statistics reveals that the price of KSC has decreased by 17.35 percent over the previous week, trading at $8.74 at the time of writing. According to certain…
The heat has been on crypto exchange KuCoin recently after a Reddit user called them out on Reddit regarding funds being held on the exchange. The user had first taken to Reddit to vent their frustrations in an open letter to CEO Johnny Lyu after making no progress with its customer support representatives. According to…
Singapore based KuCoin crypto exchange has raised $20 million in its first round of financing. The news comes as cryptocurrencies continue to get battered in a year that has seen the market crash by over 70%. $20 Million Raised in First Round According to the official announcement the series A round of financing was led…
The Gulf’s crypto ambitions are not slowing down. KuCoin’s partnership with a UAE crypto alliance adds another exchange-level move to a region that has spent the last few years trying to turn regulatory openness into institutional digital asset activity. The useful way to read this is not as a guaranteed price signal, but as a…
Unfortunately, as cryptocurrencies capitulated throughout the week, losing upwards of 15-20% of their value, so did the news cycle. However, it isn’t all doom and gloom, as there were still a handful of developments indicating that the crypto and blockchain industry is far from dead in the water. Amun Launches Bitcoin, Ether, XRP ETP In…
Some of the digital currency industry’s best known exchanges are offering additional support for several different coins. Bittrex, KuCoin, and HitBTC announced the extra trading pairs via Twitter earlier today. Major Exchanges Launch Extra Non-BTC Trading Pairs Three of the planet’s leading digital asset exchanges have announced a range of different trading pairs for popular…