ChainCatcher news, Layer 1 project XION announced on X that it has launched pre-trading on Bybit, KuCoin, Helix, MEXC, Gate.io, and Bitget.According to the Web3 asset data platform RootData, XION is a modular universal abstraction layer built for consumer adoption, developed by Burnt. XION aims to eliminate technical crypto barriers for consumers through a toolkit that includes seamless fiat on/off ramps, direct credit card purchases, familiar Web2 logins, mobile-supported secure account abstraction, and zero gas fees.

ChainCatcher message, according to OKLINK monitoring data, 7 minutes ago, 400 BTC were transferred internally within KuCoin, worth 27.67 million dollars.

ChainCatcher news, according to court documents submitted on October 28, FTX has filed a lawsuit seeking to recover over $50 million in assets allegedly withheld by KuCoin.These assets are held in a KuCoin account of the now-defunct Alameda Research, which filed for Chapter 11 bankruptcy in November 2022.The FTX lawsuit claims that KuCoin locked access to these unnamed assets shortly after the bankruptcy proceedings began. At that time, the account held assets worth approximately $30 million, preventing the bankruptcy company's management team from accessing these assets. FTX pointed out that KuCoin refused to release these assets, which have now grown in value to over $50 million.

ChainCatcher news, according to Bybit market data, the highest increase of $CARV today reached 918.5%, currently priced at $0.4464.It is reported that $CARV is now listed for trading on Bybit, Kucoin, HTX, BingX, Bitget, Gate, HashKey Exchange, MEXC, and others.

ChainCatcher message, according to PeckShield alert, hackers who stole 12,000 $spWETH (worth about 32.4 million USD) have transferred 20 ETH (worth about 52,900 USD) to Kucoin exchange.

ChainCatcher news, according to Bitcoin.com, the Economic and Financial Crimes Commission (EFCC) of Nigeria has obtained court approval to freeze over $330,000 (5.486 billion naira) of suspicious funds deposited in cryptocurrency users' bank accounts. The agency believes that these bank accounts have contributed to the ongoing devaluation of its national currency.The affected bank accounts are owned by cryptocurrency users trading on global platforms such as KuCoin. The EFCC suspects that the frozen funds were used for malicious cryptocurrency trading to manipulate prices.

ChainCatcher news, PeckShield monitoring shows that an address involved in a phishing attack transferred 300 ETH to the eXch platform after stealing 55.4 million DAI, and transferred about 38 ETH to the KuCoin exchange.Previous news, ZachXBT: A user was stolen 55.4 million DAI a few hours ago.

ChainCatcher news, according to Cointelegraph, the cryptocurrency landscape in Turkey is undergoing a significant shift as major companies like Coinbase and KuCoin join the competition for the country's operating licenses. Following an update to the regulatory framework by the Capital Markets Board of Turkey (CMB), the number of applications has surged. Initially, 47 crypto companies applied for licenses under the new regulatory framework, which has now expanded to 76, including new entrants like Coinbase, KuCoin, and Gate.io.Previously recognized entities such as Binance, Bitfinex, and OKX have also participated in the application process. Despite these advancements, the CMB clarified that being listed on the "operating companies list" does not equate to obtaining official authorization. Each company still needs to receive formal approval from the board, which depends on the issuance of secondary legislation. The list will be updated as companies address regulatory deficiencies or as the CMB concludes its investigations.Turkey's Minister of Finance and Treasury, Mehmet Simsek, stated in January that local cryptocurrency legislation is nearing completion, but the anticipated draft has yet to be submitted to parliament. This regulatory uncertainty has not deterred businesses from seeking licenses, reflecting the industry's optimism and the country's strategic importance in the global cryptocurrency market. This wave of applications emerged following the implementation of the Capital Markets Law Amendment, which took effect on July 2. The law aims to provide a regulatory framework for cryptocurrency service providers in Turkey.According to data from Chainalysis, Turkey is the fourth-largest cryptocurrency market in the world, with an estimated trading volume of $170 billion. This trading volume positions Turkey ahead of significant markets such as Russia, Canada, Vietnam, Thailand, and Germany.

ChainCatcher news, according to Lookonchain monitoring, a giant whale has purchased 28.87 million ATH from Bybit, KuCoin, and OKX in the past hour, worth 1.95 million dollars.

ChainCatcher news, focusing on the Web3 field, the leading accelerator Web3Labs has launched a million-dollar Web3 acceleration program in collaboration with KuCoin Labs. KuCoin Labs is the investment and incubation arm of KuCoin, a global leading cryptocurrency platform.The two parties announced the launch of a global acceleration program worth one million dollars, aimed at deeply exploring high-quality projects in the Web3 field and providing them with comprehensive professional support. This acceleration program will select project teams with potential and market prospects through a rigorous screening mechanism to enter the acceleration camp. Web3Labs and KuCoin Labs will provide strong support for these teams through collaboration, helping them overcome development bottlenecks and achieve rapid growth.

ChainCatcher message, cryptocurrency exchange KuCoin tweeted that it will conduct a system upgrade on August 3rd (UTC+8). The upgrade process will last for a few minutes, and users may experience brief interruptions or delays when using the API, APP, or WEB.

ChainCatcher news, according to Decrypt, starting from July 8, 2024, due to regulatory reasons, KuCoin will begin to charge a 7.5% value-added tax on each transaction for users who register KYC information in Nigeria.

ChainCatcher news, cryptocurrency market research and analysis company Kaiko found that cryptocurrency users in Latin America prefer stablecoins over Bitcoin. In its latest Latin American market report released in June, 40% of the trading volume involved USDT.Similarly, nearly half of the trades involving the Brazilian real also included stablecoins, Kaiko explained, due to the instability of the Brazilian currency and inflation in the region. The report analyzed data from seven cryptocurrency exchanges that offer trading pairs, including Kucoin, Binance, Mercado Bitcoin, Bitso, Htx, Okx, and Bitfinex.

ChainCatcher news, according to The Data Nerd monitoring, 14 hours ago, some smart money deposited 1.1 million ONDO (approximately 1.23 million USD) into Kucoin.4 months ago, the address spent 495,000 USD to accumulate 2.2 million ONDO, with a profit of approximately 1.61 million USD and an ROI of 326%.

ChainCatcher news, according to Cointelegraph, the AI Layer2 project Optopia.ai has announced the completion of its seed funding round. This round of financing was participated in by G·Ventures, Kucoin Ventures, JRR Capital, KKP International Limited, ZenTrading, Klein Labs, MCS Capital, and well-known KOL MrBlock.The funds will be used to accelerate the continuous upgrade and optimization of Optopia's infrastructure, enhance AI capabilities, build decentralized technology, and increase community engagement.It is reported that Optopia.ai is a Layer 2 network aimed at building innovative AI standards and expanding AI application scenarios, designed to simplify Web3 operations through AI agents, lower the entry barriers for users, and empower AI agents through a token economic model to unleash the potential of Web3. Optopia launched its mainnet in May and is currently conducting mainnet interaction activities to cultivate a strong and active developer and user community.