Crypto Champion

Crypto Champion

Cryptocurrency-related contents that explains the status, need, or redundancy of new and old cryptocurrencies.


KuCoin Annouce Reward for Completing KYC

13 Jul 2023 1 minute read 2 comments Yugocean

     KuCoin has announced 5USDT rewards for completing its controversial and mandatory KYC (step1). Now who will do KYC for the prize? KYC Of The Prize No KYC No service—this is a threat.     Most Kucoiners are privacy-focused and have felt uneasy...

CMC Reports Binance in Top Exchange

12 Jul 2023 1 minute read 8 comments Yugocean

     The research report on the H1 2023 State of the Exchanges has been published by Coin Market Cap (CMC). It includes both CeFi and DeFi. Binance is on Top      CMC claims that Binance holds the top position with a 59.99% share of the total spot...

Standard Chartered predicts Bitcoin bull run

11 Jul 2023 1 minute read 2 comments Yugocean

Recently British multinational bank Standard Chartered has announced nice growth on the value of bitcoin which is giving more significance to the bulls. Asia and Africa Effect The UK, US, and EU account for a very small portion of Standard Chartere...

Nigeria is leading Africa in the crypto sector

10 Jul 2023 1 minute read 5 comments Yugocean

Popular digital currency data aggregator, analyst, and ranking system Coingeco has analyzed crypto interest in 2023 on a year-to-date (YTD) basis, with Nigeria leading the way so far. Nigeria is leading Only 15 countries account for 97.5% of crypto...

Binance suspends support for multiple Multichain-Bridged Tokens

6 Jul 2023 1 minute read 1 comment Yugocean

Binance has indefinitely suspended support for several multichain-bridged tokens. This will be effective on July 7. They will no longer be able to deposit or withdraw on the Binance platform. Reason For Binance Some cross-chain routes of the Multic...

Vitalik Buterin claims risks in Ethereum Staking

4 Jul 2023 1 minute read 1 comment Yugocean

     Ethereum co-founder Vitalik Buterin shocked everyone by announcing that he does not take all of his ETH due to the risks involved.   STAKING PROBLEM      When staking ETH, the keys to access it become public on the online subsystem, and multis...

Poly Network Exploit 2.0 Shocks the Crypto World

3 Jul 2023 1 minute read 4 comments Yugocean

    The cross-chain protocol Poly network has been hacked once again, and fake mining has put the crypto world's security measures to the test.   HACKING MINING SCAM      The attackers mined $42 billion worth of tokens by abusing a smart contract f...

Situation of crypto industry in the US

1 Jul 2023 1 minute read 2 comments Yugocean

Crypto is the economic revolution of the digital age; it cannot be stopped, but the crypto industry in the US has come under threat from the ravages of the authorities and Wall Street. US industries may leave the country US Industries are constantly...

The Crypto regulation Bill becomes law in UK

30 Jun 2023 1 minute read 3 comments Yugocean

After the approval of King Charles III, the Financial Services and Markets Act 2023 has become law in the United Kingdom, and crypto will now be considered a currency in the UK. The New Law and Crypto The Financial Services and Markets Bill was a g...

Kucoin makes KYC mandatory for all

29 Jun 2023 1 minute read 15 comments Yugocean

     The KuCoin exchange is a favourite destination for crypto investors, as it respects "privacy", an important concept associated with the existence of crypto. But now this will be a thing of the past because, as of July 15, 2023, KuCoin will make...