KuCoin Crypto Exchange Debuts USDT-Dominated NFT ETF

KuCoin, one of the most popular crypto exchanges, has launched an exchange-traded fund (ETF) to increase liquidity for NFT collections like Bored Ape Yacht Club (BAYC). This new service should help investors access non-fungible tokens and boost the assets’ widespread availability. The Seychelles-based exchange partnered with NFT infrastructure provider Fracton Protocol to ensure the project’s feasibility. A USDT-Dominated ETF The KuCoin NFT ETF is using Tether (USDT) as the crypto reference for its trading operations, including five different funds. The…

Credefi’s Listing on KuCoin – Step Further to Bridging the Gap between DeFi and TradFi

With just a couple of weeks until the end of 2021, we’re sending away the most successful year in DeFi’s history. Several broken ATH records, multiple newly emerged ecosystems showing that Ethereum is not the only building layer for DeFi and a brand new paradigm showing that brick and mortar traditional banks actually need DeFi. To showcase the latter we can mention the noticeable examples of the European Investment Bank issuing its €100M digital bond on Ethereum and Société Générale,…

Arker Completes Seed and Private Rounds Following its Incubation by Everse and Unicrypt

Arker: The legend of Ohm is thrilled to announce that it has closed its seed and private round, which managed to raise a total of 2.4 million led by Everse Capital. Meanwhile, its IDO will take place on December 10 on Unicrypt. Partners who participated in the SLSeed round included Spark Capital, Basics, Avstar, Cinchblock, Dextools, Exnetwork, IBA, M6, Magnus, Maven, Nexo, X21, Unicrypt, Raptor, Unlock, Venus, Tranquility investment group, and GGG. Arker ($ARKER) will be available on BurningDrop from…

Top 5 Crypto-to-Crypto Exchanges for Intermediate Traders

Finding the right crypto-to-crypto exchange is a vital step in progressing your trading strategy. Crypto-to-crypto exchanges provide users with some significant advantages in terms of coin selection and ease of onboarding. Many of these platforms don’t support fiat currency trading pairs. As such, they don't require you to undergo intrusive KYC protocols. Nowadays, there are more crypto-to-crypto options in the market. Part of this increase in selection can be attributed to the rising popularity of DEXs (decentralized exchanges). Here are…

KuCoin Hacker Prepares To Launder the Looted $150M Via Uniswap

On 27th September, a twitter account named under the Breach reported that the Kucoin hacker just started laundering his $ 150 million. The tweet said that the hacker started swapping his $OCEAN for Ethereum through Uniswap, pulling the token’s price down by around 4%, in less than an hour. In response to @Under the Breach, another twitter user named Larry Cermak corrected the information given. Cermak pointed out that the hacker is yet to begin laundering his $ 150 million…

6 Best Platforms for Trading Crypto Futures in 2020

Crypto futures are derivative products in the form of a contract. Two parties commit to either sell or buy a cryptocurrency on a certain date in the future at a predetermined price. In essence, Crypto futures allow traders to speculate on the future magnitude and price of an Asset. The trading volume of crypto futures has grown rapidly since launching the first Bitcoin futures contract in 2017 by the Chicago Board Options Exchange (Cboe). According to a recent Bloomberg Report,…

The KuCoin Exchange – An Easy to Follow Guide for New Users

KuCoin is an advanced and secure cryptocurrency exchange that has made a name in the industry as a top-quality blockchain services provider. The platform is one of the most popular exchanges in the world at this time. KuCoin has over 5 million registered users from 200+ countries and regions. This level of user participation means that KuCoin enjoys some of the highest liquidity in the market. Specifically, the exchange has hit a daily volume of nearly $500 million. Benefits of the KuCoin…