Bitget Cryptocurrency Exchange Implements First-Level Verification for User Security

Cryptocurrency exchange Bitget has introduced forced first-level verification for users. The company announced this on its blog. Exchange officials say the measure is intended to "better protect the rights and interests of users, comply with regulatory requirements in the cryptocurrency sector an ...

KuCoin suspends Bitcoin and Litecoin mining pools

KuCoin's Bitcoin (BTC) and Litecoin (LTC) mining pools will be suspended from 16:00:00 on Aug. 15, 2023 (UTC) until further notice. The exchange said the decision was "in line with KuCoin's evolving business strategy" but didn't elaborate further. It's unclear if the decision is relat ...

KuCoin denies mass layoffs, says cuts are part of normal operations

Cryptocurrency exchange KuCoin has shut down rumors suggesting it was preparing to lay off 30% of its workforce — a figure that amounts to approximately 300 staff — in the coming weeks. “We want to clarify that KuCoin has not initiated any alleged layoff plans,” a K ...

Bear market allows crypto companies to ‘listen’ to users: KuCoin exec

Crypto has been at the mercy of an ongoing bear market that began in the spring of 2022 after a historic bull run that had investors, developers and users piling into the Web3 space. Despite interest slowing down and companies needing to adjust to the current market conditions, many i ...

Kraken Lists PEPE Token: A New Memcoin Challenger to Dogecoin and Shiba Inu

Cryptocurrency exchange Kraken announced the listing of a new popular token called PEPE, inspired by the iconic Internet character Pepe the Frog. "PEPE's hype token meme has been launched on the Etherium blockchain in April 2023. It quickly gained popularity among cryp ...

Sui Foundation Launches Layer-1 Blockchain and Sui Explorer

Sui Explorer was also unveiled The company announced the launch on the night of April 20 Sui tokens will be traded on major exchanges including Binance, OKX, Bybit and Kucoin https://help.twitter.com/en/twitter-for-w ...

KuCoin identifies possible culprit behind Twitter hack and crypto theft

KuCoin, a cryptocurrency exchange, recently revealed that it has reason to believe that one of its regular customers may be responsible for the hacking of the exchange's Twitter account and the subsequent theft of cryptocurrency assets. KuCoin conducted an internal audit of the exchange after a u ...

Cryptocurrency Phishing Sites Scam Users Out of $4 Million in One Month

ScamSniffer, a platform dedicated to detecting fraudulent activity online, has recently reported that users have lost more than $4 million in just one month as a result of falling prey to cryptocurrency phishing scams. The creators of these malicious sites have been utilizing Google Ads, a contex ...

KuCoin Cryptocurrency Exchange Twitter Account Hacked, Resulting in Phishing Attack

The KuCoin cryptocurrency exchange's Twitter account was hacked by attackers, which resulted in potential phishing attacks and the risk of crypto asset losses for some users. However, the exchange's technical support team was quick to respond and managed to restore access to the compromised accou ...

SEC Chairman Raises Concerns Over Cryptocurrency Promotion and Potential Ethereum Regulation

U.S. Securities and Exchange Commission (SEC) Chairman, Gary Gensler, has voiced his concerns over the promotion of cryptocurrencies, indicating that Ethereum may be subjected to enhanced regulatory oversight. In a recent interview with TheBlock, Gensler emphasized that the primary objective of t ...

Uniswap Hack: Cybercriminals Steal $25.2 Million in Cryptocurrencies

A group of cyber criminals took advantage of a security flaw in the Uniswap decentralized exchange platform, managing to swipe a staggering $25.2 million worth of digital currencies. The attack was allegedly focused on the liquidity pool (LP) of the protocol. A smart contract developer going by t ...

Cryptocurrency Exchange OKX to Cease Operations in Canada by June 2023

OKX, a popular cryptocurrency exchange, has recently made an announcement regarding its plans to halt operations in Canada by June 2023. The decision was made to avoid potential issues with local regulators. In an email sent out to its users, OKX management revealed that the marketplace will no l ...

Recognition of Ethereum as a Security: Potential Impact on the Cryptocurrency Industry

The potential recognition of Ethereum as a security could have a significant impact on the cryptocurrency industry. While regulators have generally recognized ETH as a commodity, the recent lawsuit filed by the New York Attorney General's Office against Seychelles-based exchange KuCoin has raised ...

New York Attorney General Sues KuCoin Cryptocurrency Exchange Over Unregistered Trading Activity

The KuCoin cryptocurrency exchange has been sued by the New York Attorney General's Office for failing to register in the state, with the prosecutor referring to ETH, LUNA and UST as securities. The Attorney General, Letitia James, filed a lawsuit in the New York Supreme Court, alleging that loca ...