KuCoin disputes claims of 77% drop in Bitcoin reserves, unveils robust 106% reserve ratio

KuCoin has pushed back against claims suggesting it lost over 77% of its Bitcoin reserves since 2023. The crypto exchange labeled the circulating figures misleading and inaccurate, emphasizing its ...

By · · 1 min read
KuCoin disputes claims of 77% drop in Bitcoin reserves, unveils robust 106% reserve ratio

Source: CryptoSlate

KuCoin has pushed back against claims suggesting it lost over 77% of its Bitcoin reserves since 2023. The crypto exchange labeled the circulating figures misleading and inaccurate, emphasizing its commitment to transparency and responsible reporting. KuCoin’s falling Bitcoin reserves? The controversy stems from a report by Onchain School, a data-focused platform citing data from CryptoQuant. […]