Johnny Lyu News

28.03 / 14:41

Kucoin Airdrop US DoJ KuCoin Announces $10 Million Airdrop Amidst US Justice Department Charges

KuCoin, a cryptocurrency exchange, has announced an airdrop of Bitcoin and its native KuCoin (KCS) token, totaling $10 million, to their loyal customers, despite recent US DOJ charges.

23.12 / 11:54

Kucoin CEO Landmark Platform Action Bitcoin KuCoin to Pay $22 Million and Exit New York in Landmark Settlement

One of the most prominent cryptocurrency exchanges in the world, KuCoin, has achieved a large settlement with the Attorney General's Office of the state of New York. A significant step forward in the regulation of cryptocurrency exchanges in the United States has been taken with the signing of this deal, which includes a payment of $22 million and a vow to suspend operations for residents of New York State.

03.08 / 13:37

Kucoin crypto mining Crypto Exchange services KuCoin Crypto Exchange Ceases Bitcoin and Litecoin Mining Pool Services – What's Going On?

Cryptocurrency exchange KuCoin has announced that it will be temporarily suspending its Bitcoin (BTC) and Litecoin (LTC) mining pools until further notice.

02.08 / 15:23

business Blockchain Kucoin Mining Pools 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.

26.07 / 01:29

business Kucoin Binance coinbase Kraken 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.

07.07 / 11:17

business Kucoin privacy transactions KYC Bitcoin NOT Privacy is not the core feature of Bitcoin — KuCoin CEO

AmidKuCoin exchange preparing to adopt mandatory Know Your Customer (KYC) checks, the company’s CEO argued that privacy is not the most important feature of Bitcoin (BTC).

28.06 / 17:37

Provident Kucoin Binance CEO Platform KYC KuCoin Implements Mandatory KYC for All Users, Strengthening Security Measures

KuCoin, a major cryptocurrency exchange, will require all users to undergo mandatory know-your-customer (KYC) procedures before July 15, 2023.

28.06 / 10:29

Kucoin regulation KYC Bitcoin KuCoin crypto exchange to introduce mandatory KYC in July

Major cryptocurrency exchange KuCoin is working to strengthen its Know Your Customer (KYC) system by introducing new mandatory identity checks.

28.04 / 11:29

business Blockchain Kucoin exchanges KuCoin confirms an exchange user is behind alleged daily rug pulls

Crypto exchange KuCoin confirmed that the address allegedly responsible for launching thousands of memecoin scams belongs to one of its users. However, the exchange will not freeze the user’s assets without any official notice from law enforcement.

27.02 / 13:41

Kucoin Binance Huobi ByBit Crypto Exchange Kucoin and Huobi Are Accused in Report of Enabling Russian Banks to Break Sanctions

Huobi and KuCoin, two of the world's largest crypto exchanges, have reportedly continued to provide services to customers of sanctioned Russian banks.

16.12 / 01:29

Law regulation Central Bank services NOT dutch Dutch central bank says KuCoin is not licensed and 'illegally offering services'

The central bank of the Netherlands, De Nederlandsche Bank, has issued a warning to investors in KuCoin, saying the exchange was operating without legal registration.

05.12 / 14:05

business Kucoin Bitcoin Mazars reserves audit Audit firm Mazars to verify KuCoin’s proof of reserves

Crypto exchange KuCoin hired the international accounting firm Mazars for a third-party audit of its proof of reserves (PoR).

15.11 / 12:09

cryptocurrency FTX collapse Crypto Exchange reserves Why publishing proof-of-reserves paints only half the picture of a crypto exchange’s health

In the aftermath of the collapse of FTX, renewed calls have been heard for a more stringent disclosure mechanism to be adopted by cryptocurrency exchanges.

12.09 / 10:33

Kucoin CEO Platform Luna Exchanges criticized for 'nothingburger PR' posts on upcoming LUNC tax burn

As the upcoming Terra Classic (LUNC) burning mechanism gained more hype, some crypto exchanges thought it would be a good idea to express their support. However, the crypto community quickly responded, calling out the exchanges for what some believe to be public relations stunts.

26.08 / 16:25

business Adoption Investments Trading How to tell if a cryptocurrency project is a Ponzi scheme

The crypto world has experienced an increase in Ponzi schemes since 2016 when the market gained mainstream prominence. Many shady investment programs are designed to take advantage of the hype behind cryptocurrency booms to beguile impressionable investors.

08.08 / 22:49

COST UPS NOT Assessing how and why CryptoPunks is not out of the game yet

The general market recovery has been a major talking point since we wrapped up the first week of August. This theme is further prevalent in the NFT market which has seen “bluechip” collections reaping the rewards. However, CryptoPunks stands out as the leading collection during the bear market.

03.08 / 11:35

business Blockchain Hackers Usd Coin Binance, KuCoin, OKX CEOs flex security amid Solana FUD storm

With Solana (SOL) hitting the headlines for succumbing to a hack on Aug. 3, prominent crypto CEOs — including Binance’s Changpeng “CZ” Zhao, KuCoin’s Johnny Lyu and OKX’s Jay Hao — recommended SOL investors move their holdings over to their own exchanges as an immediate security measure.

29.07 / 23:13

business coinbase Tesla elon Crypto Biz: Elon Musk: The ultimate crypto tourist

Elon Musk’s Tesla proved to be the ultimate paper hands after the electric vehicle maker sold 75% of its Bitcoin (BTC) holdings in the second quarter. I say, good riddance. The cult of personality isn’t good for Bitcoin, and neither is a technologist who treats the asset as his plaything. As far as we are aware, Musk hasn’t sold any of his personal Bitcoin stash and Tesla still has an estimated 10,800 BTC on its books. Still, the less we have to hear about Musk and Bitcoin, the better.

27.07 / 09:37

business Kucoin Funding KuCoin CEO Johnny Lyu launches 'Anti-FUD Fund'

The CEO of crypto exchange KuCoin says it is launching an "Anti-FUD Fund" to track down and potentially take legal action against "FUDers" and educate crypto users on identifying misinformation.

26.07 / 23:07

Kucoin Extreme CEO Platform Indian surges Customer KuCoin Indian customer base surges by 659% but here’s the issue

The current state of the cryptocurrency market is one surrounded by bears. However, Johnny Lyu, CEO of KuCoin had a different approach related to the matter.

25.07 / 12:47

Kucoin Digital CEO Platform KuCoin CEO Clarifies Insolvency Rumours as FUD Spreads

KuCoin Exchange’s Chief Executive Officer, Johnny Lyu, has continued to dispel all rumours that the trading platform is turning insolvent.

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