Tokeny sagt, dass die Token mit den Blockchains von Ethereum und Polygon kompatibel seien.
KuCoin announces $150M funding round, $10B valuation
- KuCoin announces $150 million pre-Series B funding raise.
- The raise values the global crypto exchange at $10 billion.
- KuCoin will use the funds to build the next generation of its core trading system.
Leading global crypto exchange KuCoin announced a $150 million pre-Series B funding round, with which it is valued at $10 billion. Jump Crypto led the round and investment funds such as Circle Ventures, IDG Capital, and Matrix Partners took part.
Expanding presence in Web3
The inflow of capital will allow the exchange to expand beyond centralized trading services and augment its presence in Web 3.0, including GameFi, crypto wallets, DeFi, and NFT platforms.
This will be possible through KuCoin Ventures and other investment arms. The KuCoin community built a public chain, KCC, on which many resources will be deployed to create a decentralized ecosystem.
Building the next-gen KuCoin trading system and more
Among the uses of the new funds will be to build the next generation of the exchange’s core trading system. Performance is expected to improve tenfold thereafter.
The funds will also support KuCoin’s global regulation efforts and improve security and risk management systems to make the platform more secure and accessible.
Johnny Lyu, CEO of KuCoin, commented:
The vote of confidence from prominent investors, including Jump Crypto and Circle Ventures, solidifies our vision that one day everyone will be with crypto. KuCoin is built for all classes of investors, and we believe these new investors and partners will contribute to making KuCoin synonymous with a reliable and trustworthy gateway into crypto space.
Tak Fujishima, Head of Asia, Jump Crypto, stated:
KuCoin provides a comprehensive platform of crypto services to a global audience, which is one of the many reasons we’re proud to lead this round. We are pleased to support the company as it continues to grow and expand its offerings in futures and margin trading, lending, staking and passive yield generation to support the growth of Web 3.0 and the crypto markets.
KuCoin is currently the fifth biggest crypto exchange on the market according to CoinMarketCap data. It secured $20 million in Round A funding in November 2018.
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IWF empfiehlt Bahamas: „Stärkere Aufklärung“ im Hinblick auf CBDCs
Der IWF hat den Bahamas empfohlen, stärkere Aufklärung Im Hinblick auf seine CBDC zu betreiben, und wies darauf hin, dass ein „robuster Aufsichts- und Regulierungsrahmen“ für digitale Vermögenswerte wichtig sei.
Kursanalyse, 9. Mai: Bitcoin (BTC), Ether (ETH), Ripple (XRP)
Bitcoin und einige Altcoins gehen einer Kapitulation entgegen, auf die normalerweise einen Boden folgt.
Highlights May 10: Crypto market crashes, Terra down 50%
Crypto futures racked up more than $1 billion in liquidations in the past 24 hours amid major cryptos losing key support levels and weak market sentiment.
Top cryptos
Bitcoin (BTC) fell as much as 5% in the past 24 hours. Ethereum saw a similar loss. Dogecoin, XRP, and BNB lost around 7% each.
Bitcoin briefly dropped under $30,000 in early Asian hours, buoyed by a weak wider market. It was trading at just below $32,000 at the time of writing.
Terra’s LUNA fell 50% as its UST stablecoin lost its peg with the US dollar. LUNA dropped out of the top 10, slumping to 14th position on Coinmarketcap’s ranking.
Cardano suffered the least, down only around 3% today. The only top 20 gainer is Polygon, which has added around 0.70% to its value.
Top movers
Coins in the top 100 mirrored the overall slump, with most losing up to 10% of their value.
The hardest hit were Lido DAO (-43%), NEM (-16%), Amp (-18%), STEPN (-24%), Klaytn (-14%), Tezos and Algorand (each -13%), ApeCoin (-19%), and Monero (-15%).
Not all is gloom and doom on the market. Notable standouts are FTX Token (FTT) and Elrond, each of which gained 3%. Maker is up 5%, and Qtum – 4%.
Maker DAO’s traffic is consistently rising all over the world, especially traffic from Japan and Russia. In addition, Maker revealed the launch date of the AstraProtocol. The token ASTR SHO (Strong Holder Offering) is coming to Maker on May 30, 2022.
BitStore announced that it would list the QTUM token on May 11. It becomes available on the BitStore app tomorrow.
Elrond is gaining on news of an upcoming listing on BitMart exchange, which will also integrate the ESDT token standard.
Elrond’s CEO tweeted that their new strategic partner would support the development and growth of the Elrond ecosystem by providing exceptional projects with funding and access to new markets.
Trending
The biggest winner today is Rakon, whose token RKN added 406%. Rakon describes itself as a blockchain-based network designed to connect satellites, infrastructure, and navigation and communication systems in trustless ecosystems without relying on middlemen.
Rakon uses smart contracts to power timing solutions and frequency control of devices such as smart power grids, wireless controls, aviation systems and other applications.
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