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KuCoin Launches Next Crypto Gem Trading Challenge with 14,000 USDT Prize Pool

KuCoin has announced a new trading competition featuring five cryptocurrencies: TOWER, ROSE, ENA, C, and REKT. Key Details: - **Duration**: August 11-21, 2025 (12:00 UTC) - **Prize Pool**: 14,000 USDT - **Primary Trading Pair**: TOWER/USDT Participants can compete by trading any of the featured tokens on KuCoin's platform. The competition aims to identify promising crypto projects while rewarding active traders. For complete rules and registration, visit [KuCoin's announcement page](https://www.kucoin.com/announcement/en-find-the-next-crypto-gem-trade-to-share-a-14000-usdt-prize-pool)
KuCoin Completes Second Proof of Reserves Audit with Hacken
KuCoin has completed its second independent Proof of Reserves audit conducted by Hacken, demonstrating continued commitment to transparency. The audit confirms: - BTC reserves at 110% - ETH reserves at 110% - USDT reserves at 114% - USDC reserves at 112% This marks the 32nd consecutive month of maintaining over 100% coverage for user assets. The exchange continues to prioritize security and accountability in the crypto space. [View full audit report](https://www.kucoin.com/proof-of-reserves)
SatLayer (SLAY) Gets Listed on KuCoin - World Premiere

**SatLayer ($SLAY)**, a new protocol designed to enhance Bitcoin's utility, is launching exclusively on KuCoin exchange. The platform aims to transform BTC into programmable collateral for various applications including AI, DeFi, and RWA. Key Details: - Trading Start: August 11, 2025, 11:00 UTC - Trading Pair: SLAY/USDT - Deposit Network: ETH (ERC-20) - Deposits: Now open [Full announcement details](https://www.kucoin.com/announcement/en-satlayer-slay-gets-listed-on-kucoin-world-premiere)
Destra Network Token DSYNC to Launch on KuCoin

Destra Network's native token DSYNC is set for its world premiere listing on KuCoin exchange. Key Details: - Trading begins August 11, 2025 at 10:00 UTC - Trading pair: DSYNC/USDT - Token type: ETH-ERC20 - Deposits now open Destra Network is building a decentralized AI-native ecosystem that combines artificial intelligence, computing resources, privacy features, and economic mechanisms for autonomous agents and infrastructure applications. [Full announcement details](https://www.kucoin.com/announcement/en-destra-network-dsync-gets-listed-on-kucoin)
KuCoin Announces Deposit Address System Upgrade

KuCoin is implementing a system upgrade for deposit addresses starting August 12, 2025 (UTC+8). Key changes: - Deposit pages will now auto-generate latest addresses - New addresses recommended for improved transaction processing - Existing deposit addresses remain functional - No disruption to current deposit operations This upgrade follows previous security enhancements, including the IOTA Mainnet wallet address update from November 2023. For detailed information, visit [KuCoin's announcement page](https://www.kucoin.com/announcement/en-announcement-system-upgrade-for-user-deposit-address)