KuCoin

The post KuCoin And Founders Face Up To 10 Years In Prison For Violating U.S. Anti-Money Laundering Laws appeared first on Coinpedia Fintech News KuCoin, one of the world’s largest crypto trading platforms, along with its founders Chun Gan (also known as “Michael”) and Ke Tang (also known as “Eric”), have been criminally charged by US regulators. The charges arose from allegations of operating without the proper licensure and failing to adhere to the Bank Secrecy Act, particularly concerning anti-money…

One of the leading cryptocurrency exchanges, KuCoin, announced its latest groundbreaking milestone as it became India's first FIU-compliant global crypto exchange. The news follows just days after fellow exchange OKX announced it would retire its services in India.  KuCoin, one of the leading crypto exchanges, ranked in the top seven worldwide, announced in a press statement its groundbreaking milestone as the first FIU-compliant global crypto exchange in India.  KuCoin Secures Its Regulatory Status While OKX Retreats The exchange’s announcement marks…

Bitcoin.com’s ecosystem token, VERSE, has been listed on Kucoin, a top-tier cryptocurrency exchange platform known for being the home of crypto gems. Trading is open now, with the initial pair being VERSE/USDT. A milestone moment for Bitcoin.com, this first exchange listing for VERSE is significant because it amplifies the token’s reach and accessibility to millions of users around the globe. VERSE fuels Bitcoin.com's ecosystem by gamifying and incentivizing onboarding and engagement. The goal is to bring the advantages of cryptocurrency…

KuCoin, one of the most popular crypto exchanges, has launched an exchange-traded fund (ETF) to increase liquidity for NFT collections like Bored Ape Yacht Club (BAYC). This new service should help investors access non-fungible tokens and boost the assets’ widespread availability. The Seychelles-based exchange partnered with NFT infrastructure provider Fracton Protocol to ensure the project’s feasibility. A USDT-Dominated ETF The KuCoin NFT ETF is using Tether (USDT) as the crypto reference for its trading operations, including five different funds. The…

With just a couple of weeks until the end of 2021, we’re sending away the most successful year in DeFi’s history. Several broken ATH records, multiple newly emerged ecosystems showing that Ethereum is not the only building layer for DeFi and a brand new paradigm showing that brick and mortar traditional banks actually need DeFi. To showcase the latter we can mention the noticeable examples of the European Investment Bank issuing its €100M digital bond on Ethereum and Société Générale,…

Arker: The legend of Ohm is thrilled to announce that it has closed its seed and private round, which managed to raise a total of 2.4 million led by Everse Capital. Meanwhile, its IDO will take place on December 10 on Unicrypt. Partners who participated in the SLSeed round included Spark Capital, Basics, Avstar, Cinchblock, Dextools, Exnetwork, IBA, M6, Magnus, Maven, Nexo, X21, Unicrypt, Raptor, Unlock, Venus, Tranquility investment group, and GGG. Arker ($ARKER) will be available on BurningDrop from…

Finding the right crypto-to-crypto exchange is vital in progressing your trading strategy. Crypto-to-crypto exchanges offer users significant advantages in coin selection and ease of onboarding. In addition, many of these platforms don't support fiat currency trading pairs. As such, they don't require you to undergo intrusive KYC protocols. Nowadays, there are more crypto-to-crypto options in the market. Part of this increase in selection can be attributed to the rising popularity of DEXs (decentralized exchanges). Here are five options that have proven their…

On 27th September, a twitter account named under the Breach reported that the Kucoin hacker just started laundering his $ 150 million. The tweet said that the hacker started swapping his $OCEAN for Ethereum through Uniswap, pulling the token’s price down by around 4%, in less than an hour. In response to @Under the Breach, another twitter user named Larry Cermak corrected the information given. Cermak pointed out that the hacker is yet to begin laundering his $ 150 million…

Crypto futures are derivative products in the form of a contract. Two parties commit to either sell or buy a cryptocurrency on a specific date in the future at a predetermined price. In essence, Crypto futures allow traders to speculate on the future magnitude and cost of an Asset. The trading volume of crypto futures has grown rapidly since the Chicago Board Options Exchange launched the first Bitcoin futures contract in 2017 (Cboe). So let's look at the best exchanges for…