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KuCoin Has Completed the Token Migration of Zilliqa (ZIL)

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1News media
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Published
Updated

KuCoin completed support for Zilliqa’s token migration, and ZIL deposits and withdrawals on the ZILEVM Network are now enabled. Zilliqa moved operations from its prior mainnet to ZILEVM after a security incident involving the project.

Key claims & sources

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KuCoin completed the token migration of Zilliqa (ZIL).
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Deposit and withdrawal services for ZIL on the ZILEVM Network are now enabled on KuCoin.
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Zilliqa completed its move from the Zilliqa mainnet to the ZILEVM Network.
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ZIL deposits and withdrawals are now available through the ZILEVM Network.

What it means

Users who hold ZIL and use KuCoin now notice that deposits and withdrawals for the token are available on the ZILEVM Network. That changes where transfers are handled today, because the token is being used on the new network rather than the previous mainnet.

In practice, the token migration means ZIL activity is being routed through ZILEVM instead of the earlier Zilliqa mainnet. What stays in place is that the relevant action is still deposits and withdrawals; what changed is the network named for those transfers.

Market reaction i

KuCoinKCS the event is about this asset
first headline
-0.5% 2 h before
-0.9% 4 h after
$7.68price at publication
12data points

Coverage timeline

Every piece in order, with the time its news medium declares — if it is not believable we use ours and say so — and what it added to what was already known at that point. Arriving first is not the same as adding something.

first
Oct 9 06:16
KuCoin (anuncios) scoop
Breaks the event

Has this happened before?

WhenWhat happenedFigure
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