KuCoin Has Completed the Token Migration of Zilliqa (ZIL)
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.
What this rests on
What it means
Each sentence links inside to the piece that supports it.
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
How the story was built
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.
KuCoin (anuncios)
Has this happened before?
Nothing comparable yet.