KuCoin (KCS), one of the world’s largest cryptocurrency exchanges, announced that $ 1.6 million worth of KCS was burned in March.
KuCoin announced on its official website on April 25, that in March, 184,096 KCS were burned announced. Near me, in total 1.6 million dollar value and the total supply in circulation approximately to 0.2% was stated to match.
KuCoin the thirty-eighth the total supply of KCS in circulation within the scope of the incineration completed. to 96.9 million appeared to fall. In the burning address shared by KuCoin, a total of 194.9 million worth a dollar 24.4 million KCS was found to have been burned.
Your monthly profit 10% of known to burn of KuCoin in March 16 million dollar it profits revealed.
Official Twitter account recently cyber attack The hacked KuCoin released by the attackers fake One activity Hence, users $22,628 asset worth that you lost and announced that the losses will be compensated by the exchange.
According to Coinecko data, the latest 30 days in 8.9% depreciating KCSend 24 hours in 0.8% declining as of writing $7.97 traded at the level.