Bitcoin.com Celebrates 4 Million Wallets Created Club Laura
An in depth post about kubi.com and kucoin.com
Note: This is not a FUD post so don't be alarmed. But never trust strangers on the internet and always, DYOR! I've tried to list all steps to replicate my findings inline. Just a heads up guys I did my own research of the domain names.
Whois for kucoin.com is: Chengdu Kucoin Technology Co., Ltd. Whois for kubi.com is: Kucoin Technology Co., Ltd. HOWEVER, anybody who owns the domain kubi.com can make anything up in those fields. Comparing DNS records: KuCoin has IP address of 188.8.131.52 which translates to Amazon Web Servers in Japan.| Kubi.com DNS points to another DNS at 61lrcpjnqntqvvzjujqz9ynhqublzgoc.aliyunwaf.com (184.108.40.206) Which is some kind of weird AliBaba Web Application Firewall service. I'm guessing it's likes Alibaba's version of Amazon Web Services. If I look at DNS changes over time is where things get interesting: Kucoin: https://i.imgur.com/wlW3l6E.png Kubi.com: https://i.imgur.com/JW8WbrG.png (Download and view these images side by side if you like.) Kubi.com was first created on 2002, KuCoin.com in 2013. Around 2007 Kubi starting using a DNS from domaincontrol.com. Around 2016 KuCoin also used a DNS from domaincontrol.com (but not the same ones, two different servers). Around 2015 Kubi starting using DNS from dnspod.net and around 2015 KuCoin was using the exact same DNS addresses. This would mean that both sites were most likely hosted on the same server. On Aug 11, 2017, KuCoin switched to using alidns.com for DNS. On Aug 23, 2017 Kubi.com switched to using the exact same alidns.com DNS. So to conclude, I do think these websites are run by the same people. You can validate yourself using https://www.whois.com/whois/domaincontrol.com This does not mean anything shady is going on, however. The KuCoin team could very well have been doing another project in China which they chose to close down. I was a little worried that the screenshot I attached showed KuCoin.com being hosted on AliBaba servers (a Chinese company) but I just think the records on that site (whois.com) are out of date. I did a fresh whois on www.KuCoin.com and got:
www.kucoin.com. 456 IN CNAME web-768094052.ap-northeast-1.elb.amazonaws.com. web-768094052.ap-northeast-1.elb.amazonaws.com. 60 IN A 220.127.116.11 web-768094052.ap-northeast-1.elb.amazonaws.com. 60 IN A 18.104.22.168
kubi.com is or was probably managed by the KuCoin team. It may have even been a predecessor to KuCoin. It's still running on Chinese Alibaba servers but I can't read Chinese and don't know what it's about.
Around 2015, the two sites did probably share the same server.
KuCoin.com is currently running on Amazon Web Servers in Japan, out of Chinese control.
F these FUDers, they probably have an agenda. Though they are probably correct in stating that Kubi.com and KuCoin.com were run by the same company, though they draw incredible conclusions about it.
There is a ton of ways to make lots of quick money off of us if the KuCoin team were greedy/evil and knew they were "running out of time" before the Chinese took them down. Continuously adding new tokens and running promotions would not be one of them. Neither is shutting down the referral program. If I were the KuCoin team and I really wanted to cheat everybody I would tell you we are gonna do a special "2x referrals for the next 2 weeks" or something and then cash out everyone's wallets before that happens, not tell people we are closing new referrals.
Lastly, if the Chinese translation one of the FUDers posted is true, whoever runs kubi.com gave people plenty of time to move their coins off kubi—nothing appeared shady at all. They didn't steal them or run or anything.
The fact that KuCoin.com moved from AliBaba web servers to Amazon Japan web servers (some time between Aug 11, 2017 and today) also shows me that they are moving away from Chinese influence. KuCoin.com runs on AWS servers in Japan just like Binance does. Binance, the #2 exchange in the world (by volume) is also a Chinese company that voluntarily moved out before they were forced to just like KuCoin. Also, if you didn't know Bitcoin is now an official legal payment method in Japan.
Some additional positive stats for ya:
KuCoin is still 24th top exchange, they’ll do just fine through this FUD.
White paper also estimated expected daily exchange volume of 5,000+ BTC by 2017.12. 5,000 BTC x going rate ($11,690) = $58.45M USD. Daily Volume today is 140.5M. They are almost 2.5x ahead of schedule there...
Whoever the FUDers are the key way to battle them is to keep hodling and valuing your KuCoins! As many people already said buy the dip before they do. We got this, ya'll. To all the FUDers out there: https://i.imgur.com/3EhSSLY.jpg Long live KuCoin. EDIT: I just found an Oct 18, 2017 article here from neonewstoday.com that confirms everything I found above: "Kucoin is a new Hong Kong based exchange that began operations last month, with support for both NEO and GAS markets. Originally launched as Kubi.com in China, the company moved their operations to Hong Kong, after regulators forced all Chinese-based exchanges to shut down. Kucoin has since shifted their attention to serve the international market."
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