Justin Sun, the advisor of Huobi Token (HT) and founder of TRON, announced today the burning of 20 million HT tokens, valued at a staggering $60 million. This move marks a pivotal moment in HT’s history, signaling a significant reduction in circulating supply, with only 134 million HT remaining in
In a recent development, the regulatory authority in Malaysia has decided to shut down Huobi Global, a well-known cryptocurrency exchange. The move comes in response to the exchange’s unregistered status. And its implications have sent shockwaves throughout the crypto community, leaving Malaysian traders in a state of uncertainty. The regulatory
Tron Founder Justin Sun is in the discussion of selling some of the stakes in the crypto exchange Huobi Global. Notably, Justin Sun offered to the U.S. government to buy the seized 41K Bitcoin. He purchased the crypto exchange for $1 billion last year after the entire shareholders and co-founders
Huobi Global, a cryptocurrency exchange led by Tron founder Justin Sun, has announced a strategic alliance with Gala Games, a blockchain-based play-to-earn gaming platform. The corporations want to work together on Web ecosystem growth, community creation, and investment in leading Web3 initiatives. On March 31st, Huobi announced on its official
Market participants are making moves as Hong Kong’s officials attempt to restore the city’s status as Asia’s crypto powerhouse. Most recently, Huobi Global, headed by Justin Sun, revealed that it has sought a crypto trading license in Hong Kong. Huobi Global, the company behind the Huobi exchange, is also trying
The crypto market volume increased by over 447% in the last 24 hours. Huobi Token surged over 75% within the last 7 days. Following the prolonged bear market and the more than 70% of losses, currently, the global cryptocurrency market is witnessing some recovery. Early today, cryptocurrencies were trading in
Justin Sun, was invited as one of the board’s first advisors by Huobi Global. Huobi Token’s price has climbed by more than 21.50% in the last 24 hours. Huobi Global unveiled a global advisory board that includes traditional and blockchain, industry leaders. Mr. Justin Sun, founder of TRON (TRX) DAO
Inaccessibility to these features would take effect on August 23 for these users. Huobi left Thai territory not too long ago after a dispute with authorities. Governments everywhere are scrambling to find ways to accommodate the cryptocurrency industry as interest in it grows. All throughout the globe, exchanges have been
Huobi obtained License under the Dubai International Financial Centre (DIFC) Huobi has 24 hours of trading volume of $4,503,731,955. Chen Boliang an Ex Senior manager of Huobi a Seychelles-based cryptocurrency exchange is accused of secretly obtaining $5 million by trading with a controlled account. Huobi Global stated Mr. Boliang Chen’s
Ivy Blocks’ offerings will also include an asset management platform. The company’s asset management division would make “liquidity investments”. Exchange of digital assets Huobi Global has launched a new investment arm focusing on decentralized finance (DeFi) and Web3 initiatives, demonstrating venture capitalists’ growing interest in the blockchain economy. Much Needed
