• KuCoin Pool introduces a joint LTC and DOGE mining pool.
• Miners can mine LTC and DOGE on the similar time utilizing the merged mining know-how.
• KuCoin Pool’s launch is well known with a one-month zero-fee promotion that includes a $350 USDT prize pool.

KuCoin Pool, a number one world cryptocurrency mining platform, just lately launched a shared Litecoin (LTC) and Dogecoin (DOGE) mining pool service. This new providing goals to offer customers with a extra environment friendly and worthwhile mining expertise.

With merged mining know-how, miners can now mine LTC and DOGE on the similar time with out requiring extra assets or effort. It’s an modern method to mining rewards and rising the safety of each cryptocurrency networks.

Notably, KuCoin Pool launched LTC mining companies on time and coincides with an important interval within the cryptocurrency mining trade. It acknowledges the numerous impression of the current LTC discount occasion on miners’ earnings and market expectations. In response, the platform affords aggressive companies to assist miners adapt to the altering atmosphere.

Jolie Du, CEO of KuCoin Pool, mentioned:

By providing aggressive companies and adapting to the modifications introduced by the LTC halving, we intention to contribute to the sustainable improvement of the whole mining ecosystem.

Along with offering environment friendly and safe mining options, the KuCoin Pool workforce is dedicated to staying forward of the curve by analyzing the implications of the LTC halving occasion. The platform will adapt its companies to successfully handle change, guaranteeing its customers preserve a aggressive edge within the dynamic mining trade.

As well as, KuCoin Pool affords 24/7 buyer help to deal with any person issues. Customers profit from an intuitive interface, 24/7 skilled help, world attain, real-time monitoring, and every day reward funds with no thresholds or charges.

KuCoin Pool is celebrating the launch with a one-month zero-fee promotion and an AMA occasion with a prize pool of $350. Members can ask questions and phone LTC and DOGE mining companies.

• KuCoin Pool has launched a brand new funding product known as Mining Financial savings.
• To have a good time the product launch, KuCoin Pool has introduced two completely different occasions to reward customers.
• As well as, KuCoin Pool has introduced that it’s actively recruiting members to affix an unique mining membership.

Main cryptocurrency mining platform KuCoin Pool has launched a brand new funding product: Mining Financial savings. It’s a custom-made mounted revenue funding product for miners. As well as, KuCoin Pool provided two occasions to start out mining financial savings.

Intimately, Mining Financial savings helps miners obtain regular wealth progress. It’s going to provide the very best annual share of as much as 3% with funding phrases together with 30, 60, 90 and 180 days to satisfy the various wants of customers. This system is just accessible to customers whose UID account has a BTC real-time hash fee of at the least 10PH/s and a minimal funding of 5 BTC.

KuCoin Pool has provided two occasions to have a good time the launch of mining financial savings. These embody restricted time curiosity coupons and quiz actions.

The primary occasion is “Increase Coupons Improve Earnings” from 2023. Could 8 till 2023 Could 15 (UTC). After efficiently subscribing to Mining Financial savings merchandise, customers can obtain Kucoin Pool fee enhance coupons. These coupons can enable customers to earn extra income in the course of the fee enhance interval and shall be mechanically activated with the merchandise when customers efficiently subscribe. KuCoin Pool will present customers with completely different fee coupons primarily based on funding circumstances.

In the meantime, Take The Mining Financial savings Quiz and Win a Share of $200 is the second occasion since 2023. Could 8 till Could 14 (UTC). 20 customers who full the quiz shall be randomly chosen to win a share of $200. To take part within the quiz, customers should be a part of the official KuCoin Pool Telegram group.

KuCoin Pool has additionally introduced that it’s actively recruiting members to affix the unique mining membership. KuCoin Pool is in search of Bitcoin Miners with greater than 200 PH, a complete mining farm monitoring system and knowledgeable O&M workforce. Recruited miners will get entry to the KuCoin Pool cloud mining program and KuCoin ecosystem companies and VIP advantages.

• The crypto pockets accountable for hundreds of mat withdrawals is owned by a KuCoin person.
• Coingurruu alerted the general public a couple of pockets that launched hundreds of memecoins in two years.
• A KuCoin neighborhood member blamed KuCoin for pulling many rugs.

The KuCoin alternate has confirmed that the cryptocurrency pockets accountable for hundreds of rug withdrawals on its platform is owned by one among its customers. This data was confirmed by the cryptocurrency alternate after a neighborhood member accused it of proudly owning and working the identical pockets.

April 26 A member of the KuCoin neighborhood has alerted the general public a couple of pockets that has been releasing two to 5 memecoins every day for 2 years. A person who identifies himself on Twitter as CoinGurruu has warned different customers to be cautious of the tackle and guarantee they flag it on Etherscan.

One other member of the KuCoin neighborhood, who recognized himself on Twitter as James Edwards, accused KuCoin of wrongdoing. Edwards pointed to CoinGurruu’s tweet and knowledgeable the general public that Etherscan had already flagged the pockets tackle, marking it as “Fake_Phishing179336”.

In line with stories, KuCoin denied possession and management of the pockets. Nevertheless, she confirmed that it belongs to a person on her platform. KuCoin CEO Johnny Lyu mentioned that whereas the tackle has been confirmed to belong to the person on their platform, the alternate is not going to freeze the account till it receives affirmation from the related authorities. Liu mentioned:

As soon as the reporting celebration supplies the related authorized paperwork, procedures or reporting information, we are going to help and cooperate with regulation enforcement authorities to implement interim danger management measures following complaints and stories, person agreements and Seychelles legal guidelines.

As well as, the KuCoin alternate has inspired customers to report violations to the related authorities every time they’re suspected. The cryptocurrency alternate additionally urged customers in such situations to submit all needed supplies to its group, noting its willingness to cooperate with investigations as soon as it receives the related paperwork.

KuCoin has had a tough week with its Twitter account additionally compromised. The scammer used the alternate’s official Twitter to submit deceptive data, inflicting some KuCoin followers to lose their property. KuCoin has since recovered the account and promised to compensate these affected by the hack.

• PeckShieldAlert reported that KuCoin’s Twitter account was hacked and customers suffered property losses.
• KuCoin has taken duty for the breach and can compensate affected customers for his or her losses.
• To be able to stop future breaches, the cryptocurrency change implements extra safety measures.

PeckShieldAlert reported that KuCoin’s Twitter account was hacked and the crooks managed to steal roughly 8.7 ETH, value round $16,000, in addition to 0.235 BTC, value round $6,500.

KuCoin beforehand introduced that their Twitter account was compromised for about 45 minutes on April twenty fourth. 00:00 (UTC+2). Throughout this era, the hacker engaged in fraudulent actions that triggered many customers to lose their property. KuCoin has taken full duty for the breach of social media and the ensuing pretend exercise. They’ve additionally pledged to compensate affected shoppers for all verified losses they’ve suffered.

It is value noting that solely KuCoin’s Twitter account was compromised on this incident. KuCoin responded promptly and took the required steps to regain management of the account via official Twitter assist. It is very important emphasize that property on the KuCoin platform stay safe and unaffected by the breach.

On April twenty fourth at 02:00, KuCoin recognized 22 transactions associated to ETH/BTC associated to fraudulent exercise with a complete worth of $22,628. To forestall additional hurt to customers, KuCoin is at present checking and blocking all suspicious addresses.

Along with Twitter’s two-factor authentication (2FA), the KuCoin group is taking extra safety measures to strengthen the safety of its social media accounts. The group can be working with Twitter to conduct an intensive investigation into the incident and forestall comparable incidents sooner or later.

KuCoin stated it might proceed to supply updates on the progress of the investigation and suggested customers to chorus from any hyperlinks impersonating their website.