#kucoin
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KuCoin Launches KuCoin Pay — Redefining Retail Payments
The KuCoin platform has introduced KuCoin Pay, an advanced payment solution that seamlessly integrates cryptocurrencies into the retail experience. By offering smooth, borderless, and contactless transactions, KuCoin Pay is setting the stage for a new era of digital commerce.Indian Crypto Leaders Applaud Foreign Exchange Site Bans
Leaders within India's crypto community have largely welcomed the country's decision to block websites of international crypto exchanges, including Binance, Huobi, and KuCoin. Nischal Shetty, the CEO of Indian exchange WazirX, has labeled this step as a move “towards greater regulatory clarity and control”. 
Breaking News on SUI! Will Ukrainians Get Access to the Sale?
The recent decision by Sui to replace airdrop as a means of distributing tokens to early testers with initial token sales on centralized exchanges such as OKX, Bybit, and Kucoin has sparked widespread disappointment among many supporters of the project. However, despite the concerns raised, the current situation remains unchanged. WARNING: Fake Aidrop!
Just 24 hours after FTX's new CEO, John Ray, announced that the platform could be revived, fraudsters created a fake FTX 2.0 token.
The FTX2.0 scam token is being actively spread among the registered users' wallets, including Justin Sun, KuCoin, and Binance.
Security firm PeckShield reported that the smart contract of FTX 2.0 has a backdoor that allows hackers to steal funds from users' accounts. To participate in the "new airdrop" the users are encouraged to click on a phishing link.
But the worst part is that the token's code allows buying the coin, but prohibits it from being sold. That's why its price has quickly rocketed, causing a wave of FOMO among FTX customers. 
The KuCoin Case: A Prelude to Major Cleanups?
KuCoin, serving 30 million users, finds itself at the center of legal scrutiny following allegations by the U.S. authorities. The exchange, along with its founders Chun Gan and Ke Tang, is accused of conspiracy to run an unlicensed money transmitting business and violate the Bank Secrecy Act. 
KuCoin Squashes Rumours of Extensive Job Cuts
Yesterday, reports surfaced suggesting that KuCoin had dismissed 30% of its employees due to declining profits. However, the cryptocurrency exchange's representatives debunked these claims today, explaining that there was just a slight downsizing in line with their routine organizational strategy.
"To stay on top, we regularly evaluate our org structure based on employee performance and company development. So it is not layoffs, and it is all about making the organization more dynamic," asserted Johnny Lyu, the Chief Executive of KuCoin. KuCoin (KCS): a utility token of the KuCoin ecosystem
KCS (KuCoin Token, previously known as KuCoin Shares) is the utility token that belongs to cryptocurrency exchange KuCoin and serves as the native token for the KuCoin Community Chain blockchain project. KCS was initially launched in 2017 on the Ethereum network as an ERC-20 standard token, and in 2021, it was reissued on the KCC chain. 
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