CoinUp is a crypto derivatives trading platform, founded in September 2021 in Silicon Valley and registered in the Cayman Islands, with operation centres in Singapore, Canada and Hong Kong. It provides a full range of digital asset services, including digital asset issuance, spot trading, derivatives trading, and digital asset management.
Queenie, founder of CoinUp, will host an X Space on June 25 at 20:00 (UTC+8) to publicly address recent rumors about the platform “running away,” its operational status, user asset security, CPX price volatility, and related personnel matters.
CoinUp has responded to the topic of "CPX price volatility and related personnel identity," stating that Zhu Pan is not a member of the CoinUp platform and has not participated in the platform's core operational management. His identity is merely the project party for a project listed on the CoinUp platform.Regarding the recent sharp short-term fluctuations in the CPX/USDT trading pair, CoinUp stated that its preliminary judgment indicates it was mainly caused by concentrated selling pressure in the market. The platform is further investigating and verifying the specific reasons.CoinUp also emphasized that the platform has not suffered any hacker attacks, data breaches, or exploitation of system vulnerabilities. The wallet system, account system, and asset custody services are all currently in a secure and controllable state.
CoinUp stated that CPX will continue to advance based on real-world application scenarios and ecosystem implementation, and the platform will continue to build around product optimization, ecosystem expansion, and global compliance layout.
Queenie, founder of CoinUp, will host an X Space on June 25 at 20:00 (UTC+8) to publicly address recent rumors about the platform “running away,” its operational status, user asset security, CPX price volatility, and related personnel matters.
CoinUp has responded to the topic of "CPX price volatility and related personnel identity," stating that Zhu Pan is not a member of the CoinUp platform and has not participated in the platform's core operational management. His identity is merely the project party for a project listed on the CoinUp platform.Regarding the recent sharp short-term fluctuations in the CPX/USDT trading pair, CoinUp stated that its preliminary judgment indicates it was mainly caused by concentrated selling pressure in the market. The platform is further investigating and verifying the specific reasons.CoinUp also emphasized that the platform has not suffered any hacker attacks, data breaches, or exploitation of system vulnerabilities. The wallet system, account system, and asset custody services are all currently in a secure and controllable state.
Odaily, February 19 – Binance co-founder He Yi posted on social media, stating that CoinUp operator Zhu Pan had previously impersonated someone else in an attempt to defraud her, but failed.He Yi also revealed that Zhu Pan had even impersonated her to defraud TRON founder Justin Sun.
According to an official announcement, cryptocurrency trading platform CoinUp has announced that its CoinUp Alpha (CPA) IEO will officially commence on June 19 at 12:00 PM (UTC+8).
Cryptocurrency exchange CoinUp has announced the upcoming Initial Exchange Offering (IEO) of its new ecosystem token, CPX. Notably, this IEO introduces an innovative “lossless subscription” and “equal distribution” mechanism: users’ subscription funds will be automatically and fully refunded after the event concludes; if the total subscription amount exceeds the target, CPX allocations will be distributed proportionally to all eligible participants.