News with the tag "Huobi Exchange"

Huobi Exchange has announced the next phase of its HTX DAO airdrop program. This latest initiative, scheduled for July 30, 2024, marks the fifth round of token distribution and continues to show that the exchange’s commitment to fostering its decentralized autonomous organization (DAO) ecosystem. Hu...

HTX (formerly known as Huobi), one of the leading cryptocurrency exchanges, has been embroiled in a new controversy as Justin Sun, Tron’s founder and BitTorrent’s CEO, faces allegations of a staggering $2.4 billion shortfall in user funds. Adam Cochran, Managing Partner at Cinneamhain Ventures, has ...

According to Arkham Intel, the Huobi crypto exchange platform (HTX) fell victim to a hacking incident resulting in the theft of 5000 ETH, valued at approximately $8 million. The hacker reportedly moved 1,000 ETH to a separate wallet, 0x799, shortly after compromising the platform and has since remai...

Huobi Global, a prominent cryptocurrency exchange, is at risk as investments in the staked USDT (stUSDT) project soar to $1.8 billion. The project, spearheaded by crypto entrepreneur Justin Sun, promises 5% returns tied to low-risk securities like government bonds. However, according to a Bloomberg ...

In a recent development, Justin Sun, founder of popular blockchain Tron, has urged people to disregard speculations that the crypto exchange Huobi is facing severe challenges following news of the alleged detention of some of the platform’s officials. The rumors appear to be a major contributing fac...

Huobi's recent HT token burn showcased commitment, yet the price trend remains lackluster. Whale holdings dominate, contributing to low trading volume.