KuCoin CEO Says Ignore FUD, Denies Existence of a Plan To Halt Crypto Withdrawals - Aliens: AI Crypto News & Markets Updates
Logo
Logo

Feed

Coins

About

Latest

Bitcoin

Ethereum

NFT

Gaming

Policy

Blockchain

Altcoins

KuCoin CEO Says Ignore FUD, Denies Existence of a Plan To Halt Crypto Withdrawals

PublisherPublisher
CryptoGlobe

Sat, Jul 02, 2022

Banner

Aliens TLDR

It “offers over 700 digital assets, and currently provides spot trading, margin trading, P2P fiat trading, futures trading, staking, and lending to its 18 million users in 207 countries and regions.” In 2022, the company “raised over $150 million in investments through a pre-Series B round, bringing total investments to $170 million with Round A combined, at a total valuation of $10 billion.” Lyu, who has been CEO of KuCoin since March 2020, took to Twitter earlier today to fight rumors being spread by certain people on Crypto Twitter about his company being in financial trouble.

Here is an example of one of these FUD-spreading tweets: This is how the KuCoin CEO started his Twitter thread: He went on to say: “Some recent facts about #KuCoin and you can make your own judgment: – We finished $150 M fundraising at $10 B valuation in May – We are one of the few platforms that are still hiring – We are more active in the bear market, launching new features like OCO order, fiat pair...“ “Being transparent is always one of our key principles.

Read full article on Aliens appRead from Original Source

The best experience is on the app

Everything happening in the crypto world, in real time

app

Recommended Stories

Article list item background

Litecoin falls beneath a bullish order block, could $40 be next target

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the opinion of the writer. Just a week ago, Litecoin [LTC] rallied to the $61 level but faced rejection there. This was a bearish development, especially for long-term investors. The market structure continued to remain bearish, and […]
AMB Crypto
·

Jul 3

Altcoin

Recommended Stories

Article

AAVE traders have this in store for coming days after bearish pennant’s…

Article

Assessing the odds of The Sandbox [SAND] falling below $1 mark

Article

Axie Infinity: Risk would be to buy range lows with a stop-loss at…

Article

Stellar: Factors that didn’t play in favor of XLM’s rally despite…

Article

Bitcoin, Ethereum and Altcoins Present Signs of Incoming Price Turnaround; Here’s When

Article

BTC, SOL and AVAX Price Analysis for July 2

Article

3 Reasons Why Bitcoin Might Retrace in Upcoming Week and Reach $22,000

The best experience is on the app

Download app to discover exclusive content, live market updates and more.

Get smarter and richer with the Aliens Crypto Digest

Stay informed and entertained, for free.

Follow Aliens

Advertise