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VOICE ARCHIVE

@lyu_johnny

@lyu_johnny
9 posts
2023-04-22
On one hand, I'm happy for the people in the EU who can now be protected by MiCA. On the other hand, tick-tock, time is running out fast for other countries to catch up in the web3 race. https://www.coindesk.com/...
2023-04-22 View on X
Bloomberg

The EU Parliament approves the Markets in Cryptoassets, or MiCA, regulation for the crypto industry, including rules for stablecoins set to apply from July 2024

2023-04-21
On one hand, I'm happy for the people in the EU who can now be protected by MiCA. On the other hand, tick-tock, time is running out fast for other countries to catch up in the web3 race. https://www.coindesk.com/...
2023-04-21 View on X
Bloomberg

The EU Parliament approves the Markets in Cryptoassets, or MiCA, regulation for the crypto industry, including rules for stablecoins set to apply from July 2024

Uniform legal framework for crypto-assets markets in the EU  — Operations with crypto-assets will be traced in the same way as traditional money transfers … Yiannis Menelaou : This...

2023-03-13
It's unfortunate to witness another crypto-friendly bank shut down, but we're relieved that depositors at #SVB and #Signature are safeguarded. It's important to note that #SignatureBank has no impact on KuCoin. We'd like to reassure our community that their funds remain secure.
2023-03-13 View on X
CNBC

New York shuts down Signature Bank as US regulators cite a “systemic risk exception” like for SVB, announcing all of Signature's depositors will be “made whole”

U.S. regulators said Sunday it shut down New York-based Signature Bank, a second financial institution …

It's unfortunate to witness another crypto-friendly bank shut down, but we're relieved that depositors at #SVB and #Signature are safeguarded. It's important to note that #SignatureBank has no impact on KuCoin. We'd like to reassure our community that their funds remain secure.
2023-03-13 View on X
Bloomberg

The closure of SVB, Silvergate, Silvergate Exchange Network, and Signature adds stress to a troubled crypto industry; fiat conversion costs may rise by 20%-40%

The digital-asset market is coming off of a turbulent year featuring a number of high-profile blowups.

2022-11-09
I'd like to give my sympathy for anyone who has been hurt by the current FTX situation. Hopefully, everything can be resolved quickly and the industry can get back on track.
2022-11-09 View on X
CoinDesk

In the wake of FTX's dramatic fall, Binance, Gate.io, KuCoin, Poloniex, Bitget, Huobi, and OKX pledge to release their Merkle tree reserve certificates

Over seven crypto exchanges will publish proof of their reserve holdings in the next month.  —  Crypto exchanges are now scrambling …

I'd like to give my sympathy for anyone who has been hurt by the current FTX situation. Hopefully, everything can be resolved quickly and the industry can get back on track.
2022-11-09 View on X
@cz_binance

Binance CEO Changpeng Zhao says the company signed a non-binding letter of intent to acquire FTX.com and help cover its liquidity crunch, pending due diligence

This afternoon, FTX asked for our help. There is a significant liquidity crunch. To protect users, we signed a non-binding LOI, intending to fully acquire FTX.com and help cover th...

2022-08-04
We have noticed the ongoing #Solana wallets exploit. Users can be reassured that their $SOL assets with #KuCoin are safe. We're in close contact with the Solana team and have blocked the suspicious addresses as requested. Still checking other ways to help. Stay Safe! 🙏
2022-08-04 View on X
Decrypt

An unknown attacker has been emptying Solana and USDC wallets; Solscan says over 15K wallets have been affected, draining $4.46M, primarily in SOL and USDC

At this point in the crypto deflation, an apparent attack … Aman Anand / Fossbytes : Solana Wallets Get Hacked, And The Company Loses Millions Rahul Nambiampurath / Ethereum World ...

We have noticed the ongoing #Solana wallets exploit. Users can be reassured that their $SOL assets with #KuCoin are safe. We're in close contact with the Solana team and have blocked the suspicious addresses as requested. Still checking other ways to help. Stay Safe! 🙏
2022-08-04 View on X
Decrypt

The Solana Foundation says exploited addresses were “created, imported, or used” in Slope mobile wallets and there's “no evidence” the protocol was compromised

Private keys may have been inadvertently compromised as a Solana mobile wallet is fingered for the major network attack.

2022-08-03
We have noticed the ongoing #Solana wallets exploit. Users can be reassured that their $SOL assets with #KuCoin are safe. We're in close contact with the Solana team and have blocked the suspicious addresses as requested. Still checking other ways to help. Stay Safe! 🙏
2022-08-03 View on X
Decrypt

An unknown attacker has been emptying Solana and USDC wallets; Solscan says over 15,000 wallets have been affected, draining $4.46M, primarily in SOL and USDC

An unknown attacker drained thousands of wallets containing at least $4 million worth of Solana and USDC late Tuesday night.