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KuCoin Drops $2B Bombshell on ’Trust Project’—Because Nothing Says Security Like a Nine-Figure PR Stunt

KuCoin Drops $2B Bombshell on ’Trust Project’—Because Nothing Says Security Like a Nine-Figure PR Stunt

Author:
CoindeskEN
Published:
2025-04-30 10:08:59
20
1

KuCoin Commits $2 Billion to “Trust Project” Focusing on Crypto Security and Transparency

In a move that reeks of post-hack damage control, KuCoin pledges a jaw-dropping $2 billion toward crypto security—just as regulators start circling. Because when you lose $280M in hot wallets, you’d better buy some shiny new locks.

The initiative promises ’transparency’—that magical unicorn the crypto industry chases while quietly moving funds off-chain. Will it work? Your guess is as good as the ’security audits’ they probably outsourced to a Telegram group.

Meanwhile, traders shrug and keep gambling—after all, who needs trust when you’ve got 100x leverage?

|Square

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