The Dutch central bank released a statement on Thursday saying that the cryptocurrency exchange KuCoin is operating illegally in the country. Bank documents reveal that KuCoin operates as a wholly owned subsidiary of MEK Global Limited (MGL), a Seychelles corporation. Although consumers of the exchange are not breaching the law,
Ever since the inception of the cryptocurrency industry, traders and investors have been offered a wide array of lucrative revenue streams. Despite the high volatility, the return on investments (ROI), and annual percentage yield (APY) lure the users towards this domain. One special mention is Liquidity Mining, which is a
At the moment, over 1,200 crypto trading pairings are available on KuCoin. As of now, investors in over 200 nations may make use of it. KuCoin, a leading cryptocurrency exchange platform, has announced a series of events to mark the company’s fifth anniversary and the global launch of many new
Gate.io has also declared its approval of the 1.2% tax burn. In this proposal, a token burn fee of 1.2% is proposed to be applied to all trades. KuCoin and Gate.io, two prominent cryptocurrency trading platforms, have announced their support for the 1.2% tax burn plan put up by the
The fast-moving cryptocurrency industry has led to the development of innovative cryptocurrency trading apps, with the ability to buy, sell and trade apps with the swipe of a thumb. For some people, digital assets offer a means of earning a passive income, while others see cryptocurrency as an investment asset.
CEO of major crypto exchanges advised SOL investors to move their assets to their exchanges. CZ tweeted that there is an active security incident on Solana. The CEOs of prominent crypto exchanges have a recent update regarding the ongoing issues about Solana. According to the reports, Binance‘s CEO, Changpeng Zhao,
KuCoin has launched “Anti-FUD Funds” There are 3 main aims for launching the FUD Funds On the well-known cryptocurrency exchange KuCoin, users can buy, sell, and trade cryptocurrencies. Johnny Lyu, the CEO of KuCoin, has established funds for FUD, commonly known as the “Anti FUD-Fund,” to take legal action against
By the first quarter of 2022, KuCoin had 18 million registered users. The European market topped the first half of 2022 with $481 billion in trading volume. In its semi-annual report, KuCoin, the world’s leading cryptocurrency exchange, highlights the key indicators and accomplishments of 2022. Market performance and new product
The coin has bounced back recently and is up 8.91% in the last 24 hours. Rumours started circulating on Crypto Twitter that KuCoin was about to fall. Over the past seven days, the price of KuCoin Token (KCS), the cryptocurrency exchange’s native token, has plummeted due to insolvency rumors. As
KuCoin exchange just completed a $150 million fundraising. Spot Grid’s PRO version has been launched by KuCoin. The cryptocurrency exchange KuCoin has denied claims that withdrawals would be halted on their platform due to significant losses caused as a result of the LUNA disaster. The CEO of KuCoin, Johnny Lyu,
