KuCoin Introduces Mandatory KYC Checks For All Users
The KYC status will have no affect on fund withdrawals.
The KYC status will have no affect on fund withdrawals.
KuCoin became the latest victim of a Twitter hack, which resulted in the loss of assets worth over 22,000 USDT
The initiative's consortium will help with technical development, research, marketing, and community growth.
The native token of the old Terra network is attempting to make a strong comeback from the dead.Â
Three weeks after the Acala'a liquidity pool exploit, KuCoin claims to have identified inaccuracies in the proposal for aUSD recovery.Â
Demographic analysis indicates that the investor profile is predominantly youthful, as 39% of them are in 18-30 years.
After rumors began about its insolvency, the trading platform witnessed uncharacteristically high withdrawals, but soon the situation stabilized, Lyu said.
Instead of laying off staff members, KuCoin plans to scale up its current workforce by 30%.
KuCoin's CEO, Johny Lyu, denied all rumors of the exchange being insolvent and said they've had no exposure to LUNA
As a result, Bybit will temporarily seize accepting new Ontario-based users, while KuCoin has received a permanent ban.