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KuCoin appoints BC Wong as its new CEO, aiming to foster growth, innovation, and strategic expansion within the cryptocurrency sector. KuCoin has announced a leadership transition, with BC Wong stepping into the role of Chief Executive Officer. This shift underscores the company`s ambition to broaden its international presence and reinforce its dedication to regulatory adherence. Wong, fondly known as "BC" in the company, brings a wealth of experience to the table, having demonstrated effective leadership throughout his extensive career in the crypto industry. As a long-serving executive team member at KuCoin, Wong has been pivotal in elevating the exchange`s reputation, turning it into a trusted platform utilized by millions around the world. His strategic initiatives have successfully guided the company through various challenges while keeping a strong emphasis on innovation, security, and user satisfaction. Assuming his new role as CEO, Wong plans to drive KuCoin`s international growth and strengthen its regulatory engagement. He articulated this vision by stating, "Our mission is to create a platform that our users can trust," Wong noted. "As CEO, I will focus on expanding our global reach and collaborating with regulators to ensure a secure and inclusive financial ecosystem. Together with our partners and users, we will continue to shape the future of digital finance." Wong`s academic background is impressive, holding a Juris Doctor degree from Singapore Management University and a Master`s degree from George Washington University, equipping him with a deep understanding of global legal and regulatory frameworks. Beyond his academic achievements, he has served as Chief Legal Officer, where he led initiatives to secure regulatory licenses and established strong connections with regulatory authorities, reflecting KuCoin`s commitment to compliance and transparency. His efforts have also cultivated a secure and reliable environment for cryptocurrency trading on a global scale. For example, he enhanced KuCoin’s reputation for security and regulatory compliance in regions such as the EU, Asia, the Middle East, and Africa. Moreover, under his leadership, KuCoin has made notable progress in Corporate Social Responsibility. The company has partnered with organizations like the Global CSR Foundation and the American Medical Women`s Association to support initiatives such as the UN COP28 Climate Change Conference, Green Blockchain Projects, the Light Up Africa Program, and the Climate Change Bucket initiative, positively impacting over 50,000 women and children worldwide. With BC Wong`s appointment as CEO, KuCoin embarks on an exciting new chapter, poised to further secure its position as a leading force in the global cryptocurrency arena. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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Solana Transaction Delays on Coinbase Prompt User Complaints Amid Surge in Memecoin Activity
Coinbase users are experiencing significant delays in Solana transactions, attributed to unexpected congestion following memecoin launches associated with former President Trump’s campaign. These network delays highlight the growing challenges that Bitzo
![The team behind President Donald Trump’s crypto operations reportedly sent nearly a hundred million dollars worth of the TRUMP meme token to digital asset exchanges. According to blockchain analytics firm Arkham, Trump’s team has so far sent $92 million worth of TRUMP to crypto exchanges Arkham notes that the Trump team locked up 80% of the supply, with 10% reserved to provide liquidity and another 10% planned for public distribution. “100 million TRUMP was sent to the TRUMP Liquidity Provider, which added liquidity on Meteora. 8tKLhRyFC3RsQ41APTqKdzr9DdeGqV2RtRgSjVgsY4xb another 10% was split between three wallets: Initial TRUMP Deployer (kept 14 million TRUMP) 5e2qRc1DNEXmyxP8qwPwJhRWjef7usLyi7v5xjqLr5G7 TRUMP Team Wallet 1 (received 56 million TRUMP) 2Fe47zbh8svDNGNehFy1NY8bsjQNtomvKFuq1jNgWSkv TRUMP Team Wallet 2 (received 30 million TRUMP) 7qtDv72fGzuuGmyg1FkTxBybYH2sXkUd6u8WXwnkRnpE” Source: Arkham/X Arkham says that just hours after the official announcement of TRUMP from the President’s social media, two of the three Trump team wallets began sending coins to crypto exchanges – presumably to sell on the open market. “The TRUMP team has also sent [$92] million of TRUMP tokens to exchanges, including Bybit and Kucoin. This has occurred from TRUMP Team Wallet 1 and TRUMP Team Wallet 2. They waited for seven hours after Trump’s tweet to begin sending coins to exchanges.” At time of writing, TRUMP is trading for $61 at a fully diluted valuation (FDV) of $61 billion. Don`t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Follow us on X , Facebook and Telegram Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: DALLE3 The post Trump Team Sends $92,000,000 Worth of Official Trump Memecoin to Exchanges: Arkham appeared first on The Daily Hodl .](/image/678ea8eb21f29.jpg)
Trump Team Sends $92,000,000 Worth of Official Trump Memecoin to Exchanges: Arkham
The team behind President Donald Trump’s crypto operations reportedly sent nearly a hundred million dollars worth of the TRUMP meme token to digital asset exchanges. According to blockchain analytics firm Arkham, Trump’s team has so far sent $92 million worth of TRUMP to crypto exchanges Arkham notes that the Trump team locked up 80% of the supply, with 10% reserved to provide liquidity and another 10% planned for public distribution. “100 million TRUMP was sent to the TRUMP Liquidity Provider, which added liquidity on Meteora. 8tKLhRyFC3RsQ41APTqKdzr9DdeGqV2RtRgSjVgsY4xb another 10% was split between three wallets: Initial TRUMP Deployer (kept 14 million TRUMP) 5e2qRc1DNEXmyxP8qwPwJhRWjef7usLyi7v5xjqLr5G7 TRUMP Team Wallet 1 (received 56 million TRUMP) 2Fe47zbh8svDNGNehFy1NY8bsjQNtomvKFuq1jNgWSkv TRUMP Team Wallet 2 (received 30 million TRUMP) 7qtDv72fGzuuGmyg1FkTxBybYH2sXkUd6u8WXwnkRnpE” Source: Arkham/X Arkham says that just hours after the official announcement of TRUMP from the President’s social media, two of the three Trump team wallets began sending coins to crypto exchanges – presumably to sell on the open market. “The TRUMP team has also sent [$92] million of TRUMP tokens to exchanges, including Bybit and Kucoin. This has occurred from TRUMP Team Wallet 1 and TRUMP Team Wallet 2. They waited for seven hours after Trump’s tweet to begin sending coins to exchanges.” At time of writing, TRUMP is trading for $61 at a fully diluted valuation (FDV) of $61 billion. Don`t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Follow us on X , Facebook and Telegram Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: DALLE3 The post Trump Team Sends $92,000,000 Worth of Official Trump Memecoin to Exchanges: Arkham appeared first on The Daily Hodl . Bitzo
