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CryptoCurrency

FTX's Alameda Research Sues KuCoin to Recover $50 Million in Frozen Assets

  • The lawsuit claims KuCoin holds funds belonging to FTX’s estate, intended for creditor repayments.
  • Filed in Delaware, the lawsuit follows FTX's recent asset recovery from Bybit.
Tuesday, 29/10/2024 | 18:03 GMT by Tareq Sikder
CryptoCurrency

KuCoin Türkiye Names New Deputy General Manager, to Sponsor Istanbul Blockchain Week

  • Rıdvan Bahadır is an expert in anti-money laundering and countering the financing of terrorism.
  • The company will be the grand sponsor of the upcoming Istanbul Blockchain Week.
Wednesday, 14/08/2024 | 14:55 GMT by Jared Kirui
CryptoCurrency

KuCoin's Visa Debit Card Adds Multi-Card Support

  • To mark its launch, KuCard is offering a limited-time promotion until July 7, whereby users can get a second virtual card for free.
  • Launched in November 2023, KuCard converts cryptocurrencies into local currency at the point of sale.
Friday, 05/07/2024 | 13:44 GMT by Jared Kirui
CryptoCurrency

KuCoin to Impose 7.5% Transaction Fee Tax in Nigeria amid Regulatory Uncertainty

  • This new value-added tax does not apply to the overall transaction amount.
  • The source of approval remains unclear, and it is unclear whether the Nigerian government will authorize it.
Wednesday, 03/07/2024 | 19:56 GMT by Jared Kirui
CryptoCurrency

KuCoin Faces $1 Billion Crypto Exodus amid US Charges, Assets Plummet 20%

  • Ethereum saw a staggering $840 million in net outflows during this period.
  • The value of crypto assets linked to KuCoin dropped from $6 billion to $4.8 billion.
Wednesday, 27/03/2024 | 15:20 GMT by Tareq Sikder
CryptoCurrency

KuCoin and Founders Face US Prosecution over Alleged AML Violations

  • The firm served 30 million customers without KYC or AML programs until 2023.
  • The indictment has alleged that over $3.2 million in crypto was received from Tornado Cash.
Tuesday, 26/03/2024 | 16:16 GMT by Tareq Sikder
CryptoCurrency

KuCoin and Revolut Forge Alliance for Instant Euro-to-Crypto Transactions

  • Users can directly acquire various cryptocurrencies listed on KuCoin through Revolut Pay.
  • KuCoin has promised early users 0% transaction fees and a chance to share a bonus prize worth $5,000.
Thursday, 29/02/2024 | 16:25 GMT by Jared Kirui
CryptoCurrency

Binance Faces Regulatory Scrutiny in Nigeria amid Calls for Crypto Ban

  • Crypto users in Nigeria struggle accessing exchanges' websites like Binance and OctaFX.
  • Binance's P2P platform has imposed limits on USDT sales, causing trading issues for users.
Thursday, 22/02/2024 | 10:22 GMT by Tareq Sikder
CryptoCurrency

Web3 Investment Landscape Thrives in January as Bitcoin Options Rally: Report

  • NFT and Gaming emerged as focal points in the cryptocurrency landscape.
  • The recently approved spot Bitcoin ETFs triggered the surge in Bitcoin options.
Thursday, 11/01/2024 | 12:57 GMT by Jared Kirui
CryptoCurrency

KuCoin Expands User Base to 31 Million, Doubles Trading Volume in 2023

  • The crypto exchange reported a visible growth despite regulatory challenges.
  • The spot crypto volumes rose 106% compared to 2022.
Tuesday, 09/01/2024 | 10:51 GMT by Damian Chmiel
CryptoCurrency

KuCoin Settles New York Charges for $22M, Halts Services for Residents

  • The crypto exchange agreed to pay $5.3M and to comply with the regulations.
  • KuCoin will return customers’ funds valued at approximately $16.7 million.
Tuesday, 12/12/2023 | 19:18 GMT by Jared Kirui
Retail FX

News Nuggets | 19 October: FINRA's Prop Trading Exemption; KuCoin's New Futures Platform

  • Also, Validus appoints Andrew Spence, and LSEG announces Q3 2023 results.
  • Read today's FX/CFDs, crypto and fintech sectors' dynamic news.
Thursday, 19/10/2023 | 10:53 GMT by Finance Magnates Staff
CryptoCurrency

FCA Targets 143 Entities, including Major Crypto Exchanges Huobi and KuCoin

  • On Sunday, the FCA expanded its warning list when the new crypto regulations kicked in.
  • The regulator claims two major cryptocurrency exchanges operate in the UK without authorization.
Monday, 09/10/2023 | 08:27 GMT by Damian Chmiel
CryptoCurrency

KuCoin Dismisses Reports of Massive 30% Staff Cuts, Labels It as 'Evaluation'

  • KuCoin's CEO calls the reports rumors, but does not deny the cuts.
  • A few days earlier, the WSJ reported that Binance had laid off more than 1,000 people.
Wednesday, 26/07/2023 | 07:30 GMT by Damian Chmiel
Op-ed
Op-ed
CryptoCurrency
Op-ed
Op-ed

KuCoin Ventures, CNHC, and the Case for Crypto in Asia

  • KuCoin Ventures leads $10M investment in stablecoin issuer and payment service provider CNHC.
  • Hong Kong is becoming an attractive location in the APAC region for crypto and web3 developers.
Wednesday, 15/03/2023 | 10:00 GMT by Sam White
CryptoCurrency

NYAG Labels Ether as a Security in KuCoin Lawsuit

  • The lawsuit charged KuCoin for illegally operating in New York.
  • It is the first time a regulator labeled Ether as a security.
Friday, 10/03/2023 | 07:07 GMT by Arnab Shome
Regulation

KuCoin among 16 Illegal Crypto Exchanges Operating in South Korea

  • None of these platforms are following local guidelines for crypto exchanges.
  • The Financial Intelligence Unit is now pushing for blockchain access to these platforms.
Thursday, 25/08/2022 | 05:23 GMT by Arnab Shome
News

Survey Reveals a High Crypto Adoption Rate among Saudi Arabians

  • 76% of crypto investors have less than one year of experience in crypto investment.
  • The survey found that 63% of crypto investors are men.
Wednesday, 13/07/2022 | 17:23 GMT by Felipe Erazo
CryptoCurrency

KuCoin Signs Partnership with Coinrule to Offer Automated Trading

  • Margin trading and other products of KuCoin will be supported on Coinrule soon.
  • Coinrule is an automated trading strategies platform for cryptocurrencies.
Tuesday, 12/07/2022 | 19:42 GMT by Felipe Erazo
CryptoCurrency

Europe Leads as KuCoin Returns over $2 Trillion in Volume in Six Months

  • European markets accounted for the $481 billion turnover in first half of 2022.
  • KuCoin now lists over 700 crypto-assets.
Thursday, 07/07/2022 | 20:55 GMT by Solomon Oladipupo
Regulation

Canada’s Ontario Regulator Bans Crypto Exchange Kucoin, Fines Bybit

  • Bybit is now in discussion with the regulator for registration.
  • It suspended new client onboarding and also some leveraged products.
Thursday, 23/06/2022 | 06:02 GMT by Arnab Shome
News

KuCoin to Support Brazilian Real on Its Spot Market

  • BTC/BRL, ETH/BRL and USDT/BRL were added to the KuCoin's spot market.
  • BRL becomes the first fiat supported in the trading pairs across the platform.
Monday, 20/06/2022 | 17:24 GMT by Felipe Erazo
News

KuCoin Announces Partnership with Pyth Network

  • KuCoin could provide real-time prices of trading pairs to Pyth Network.
  • Pyth Network is built on the Solana blockchain.
Monday, 30/05/2022 | 23:18 GMT by Felipe Erazo
News

KuCoin Sees a 491% YoY Surge in New Users during Q1 2022

  • The exchange had nearly 6 million new registered users in Q1 of 2022.
  • The KCS Whitepaper was released on 29 March.
Tuesday, 17/05/2022 | 21:18 GMT by Felipe Erazo
News

KuCoin Secures $150 Million in Funding, Tops $10 Billion Valuation

  • The funding round was led by Jump Crypto.
  • The investment round also saw participation from multiple funds.
Tuesday, 10/05/2022 | 13:47 GMT by Bilal Jafar
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