No-ip was DEFINITELY aware of it. OpenDNS published an article in April 2013 identifying no-ip as the top used provider for malicious use [1] and a representative from no-ip posted a comment on that article which proves that no-ip was aware of it.
Cisco published a similar article on February 11, 2014 [2]. We know that no-ip was aware of this because they posted a comment in response, and posted a blog entry about it at their site [3].
[1] http://labs.opendns.com/2013/04/15/on-the-trail-of-malicious...
[2] http://blogs.cisco.com/security/dynamic-detection-of-malicio...
[3] http://www.noip.com/blog/2014/02/12/cisco-malware-report/