Several leading crypto exchanges, including Binance, Huobi, OKX, KuCoin, etc., have revealed intentions to publish their fund reserves to arrest the current contagion fears grappling the crypto market. Binance CEO Changpeng Zhao advised that crypto exchanges should do a Merkle-tree proof-of-reserves. According to him, while traditional financial institutions like banks can run on fractional reserves,…
US Congress sends 5 major crypto exchanges letter inquiring how they are combatting crypto fraud
Five prominent cryptocurrency exchanges in the U.S. received letters from Congress requesting information about their steps to combat crypto fraud. The inquiries are part of the latest push from Congress to bring tighter regulation to the crypto industry in the U.S., as the country still struggles to determine which of its many regulatory agencies should…
Bybit, KuCoin each fined more than C$2 million in Canada for securities compliance failures
👋 Want to work with us? CryptoSlate is hiring for a handful of positions! The Ontario Securities Commission (OSC) has conducted two successful enforcement actions against Bybit and Kucoin. The market regulator said in June 22 release that Bybit and KuCoin both operated unregistered crypto trading platforms and allowed Ontario residents to trade securities. Heavy…
KuCoin Labs Invest in Huobi-backed SocialFi Platform to Expand into Metaverse & NFT Space
Press Release: The latest strategic investment in emerging SocialFi startup Torum from KuCoin Labs will empower the development of a SocialFi Metaverse powered by VR and Web3.0 technologies. 4th November 2021, Kuala Lumpur, Malaysia — Following the strategic investment of Huobi Ventures and 20 other prominent crypto VCs, Torum SocialFi platform is excited to announce…
Altcoin exchange Kucoin to cease China operations amid regulatory woes
It appears centralized exchanges are the most affected in China’s new ban on crypto trading as another exchange, KuCoin, has advised its China’s mainland users to move their digital assets to another platform before the end of the year. Kucoin tells Chinese users to use other platforms KuCoin, which is one of the world’s largest…
DFI’ying Expectations: DeFiChain, the Largest DeFi Protocol on the Bitcoin Ecosystem Lists its DFI Coin on KuCoin
21st January 2021, Singapore: DeFiChain — the world’s leading blockchain on the Bitcoin network dedicated to decentralised financial applications — has today announced that it will be listing its native digital currency, “DFI” on KuCoin, one of the world’s largest and most popular cryptocurrency exchanges. KuCoin users will be able to trade DFI starting today,…
After Lightning-Paced Tier-1 Sellout, ClinTex’s CTi Token Lists on KuCoin Today
Bitcoin Press Release: ClinTex is all set to fulfil its promise of reducing cost and time wastage in the medical trials industry, with its CTi token available for public trading on KuCoin on Wednesday. 30th November 2020, London, United Kingdom: Using the combination of blockchain, artificial intelligence and smart contracts, ClinTex is an innovative medical…