City Idg Financial News

14.07 / 06:35

Latin America Europe Asia Middle east KuCoin volumes more than double the existing crypto m-cap in H1

Crypto exchange KuCoin has released its semi-annual report for the ongoing calendar year, where it claims volumes reached the $2 trillion mark. The Seychelles-headquarter exchange has added 9.75 million new users during the period, with the total number of users crossing the 18 million mark, as per the report. The total volumes, including both spot and futures, is more than double the total market cap of the crypto cart, struggling to hold the $1 trillion mark for about a month now. This showcases a 180 per cent growth compared to the same period in 2021.

20.05 / 16:01

markets COST Platform Football community Bitcoin How to get the FANTAGOAL airdrop at zero cost, with 100% unlocking before listing

As we enter May, the market continues to fluctuate. Bitcoin rebounded to $67,000 after falling below the $60,000 mark earlier this month. Most altcoins have experienced significant declines after a five-month climb.Despite an increase in net inflows into ETF products by traditional institutions this month, most investors remain on the sidelines. While the market outlook is still unclear, it might be wise to focus on airdrops from valuable projects to earn some rewards.

11.02 / 06:31

Aviat CEO Action Trade President inclusion Department Chinese technology company lashes back at US claims it has ties to military

A Nasdaq-listed Chinese technology company that makes parts for self-driving vehicles has threatened to sue the U.S. government after it was included in a list of companies the Pentagon says have links to the Chinese military

28.11 / 14:53

business Scams Hong Kong authorities say 145 victims, $18.9M lost in Hounax scam

Hong Kong authorities reported on Nov. 27 that 145 users were affected in a scam by the unlicensed cryptocurrency exchange Hounax, resulting in a loss of 148 million Hong Kong dollars ($18.9 million), according to local media Shenzhen Commercial News.

31.05 / 14:15

Arrest Reserve Trust Reserve Stablecoin Team Detained in China: PANews

A Trust Reserve stablecoin team was detained by police in China on May 29, according to PANews.

31.05 / 10:03

Stablecoin regulation Altcoin Police investigation CNHC stablecoin issuer detained by Chinese police: Report

The Chinese government continues to crack down on the cryptocurrency industry with a new investigation targeting a major Chinese yuan stablecoin issuer.

15.03 / 13:03

business Kucoin Stablecoin Altcoin Funding Chinese yuan KuCoin leads $10M funding for Chinese yuan stablecoin issuer

The investment arm of major cryptocurrency exchange KuCoin is moving to support new stablecoin initiatives by backing a Chinese yuan-pegged stablecoin issuer.

25.01 / 17:39

business defi Funding Venture Capital Cosmos boost Injective launches $150M ecosystem fund to boost DeFi, Cosmos adoption

Injective, a layer-1 blockchain protocol founded in 2018, has launched a $150 million ecosystem fund to support developers building on the Cosmos network.

25.11 / 14:43

business Bitmain Bitcoin Matrixport Crypto lender Matrixport seeks $100M funding despite lending crisis

Matrixport, the cryptocurrency firm founded by Bitmain co-founder Wu Jihan, is in the process of raising $100 million in funding despite the ongoing crypto market crisis.

11.05 / 17:31

Blockchain UPS Kucoin Digital expansion KuCoin Is Trailblazing Its Quest For Web3.0 Expansion With A Healthy USD 150 Million Raised in Pre-Series Funding

Disclaimer: The following article is part of Cryptonews Deals Series and was written as a promotional article in collaboration with the sponsor of this offer. If your company has an exclusive promotion that you would like to share with our readers, we invite you to reach out to us. Let’s build together.

10.05 / 17:35

business defi Investments Funding KuCoin to launch DeFi products in 2022 with fresh $150M raise

The global cryptocurrency exchange KuCoin aims to go beyond centralized trading services and focus on Web3 with new funding backed by firms like Circle Ventures.

14.03 / 21:23

DEX Trading Bitcoin International From lines of code at a laptop to international crypto exchange: a story behind KuCoin

Behind the KuCoin creation, there are two tech geeks who were early blockchain adopters. Having started coding at the age of 8 and founded his first startup at 16, in 2012, Michael heard about Bitcoin (BTC) from his boss Eric at a private equity investment firm IDG Capital, and immediately began mining. While he tried to sell some Bitcoin on the Mt.Gox exchange, which was the world's largest trading platform at the time, he discovered how difficult it was for beginners to navigate.

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