Crypto Morning Briefing: Justin Sun’s US Fraud Charges Could Hamper Huobi’s License Application in Hong Kong
CFTC Sues Binance and CEO for Violating Trading Rules, Bitcoin and Ethereum Prices Dip; Binance Continues Global Expansion With New ‘Web3 Outpost’ in Georgia; Dogecoin To Get Upgrade Release Packed With New Features and Enhancements
Justin Sun’s US Fraud Charges Could Hamper Huobi’s License Application in Hong Kong
The US fraud charges against Justin Sun, the founder of Tron, could hamper Huobi's license application in Hong Kong. Huobi, one of the largest cryptocurrency exchanges in the world, is currently seeking a license from the Hong Kong Securities and Futures Commission (SFC).
Justin Sun: Huobi Believes SEC Impact Is Over
Justin Sun said in a series of tweets on March 24 that Huobi believes the effects of recent charges against his other projects have come to an end.
Huobi Launches the Dominica Metaverse Bound Token (DMBT)
Huobi, the virtual asset trading platform, has announced the launch of the Dominica Metaverse Bound Token (DMBT). The launch of DMBT is part of the rollout of the Dominica Metaverse Digital Citizen (DMDC), which was authorized by the government of Dominica in collaboration with TRON and DMC Labs.
Crypto Evening Briefing: Houbi Cut Ties With Signature Bank and Silvergate Before Their Collapse
Huobi disclosed to Reuters that its customers’ funds remain unaffected by the recent banking crisis in the USA since it has previously transferred all its assets from Silvergate and Signature Bank to other monetary institutions.
Houbi Cut Ties With Signature Bank and Silvergate Before Their Collapse (Report)
Huobi had reportedly withdrawn all its assets from Signature and Silvergate Bank prior to their demise.
Crypto Evening Briefing: Meta Is Building a Decentralized, Text-Based Social Network
Meta is in the early stages of building a dedicated app for people to post text-based updates. The most remarkable aspect is that Meta plans for the network to be decentralized.
Justin Sun Sets Up $100M Huobi Liquidity Fund Following HT Flash Crash
Huobi has set up a $100 million liquidity fund following a 90% flash crash of the exchange’s Huobi Token (HT) on March 9.
Huobi Flash Crashes and Recovers 90% With High Sales and Downturn
Huobi recently witnessed a massive token collapse during a flash crash. The 17th biggest exchange experienced a 90% loss in market cap, which was recovered minutes later.
Justin Sun Transferred 100 Million USDC to Huobi to Enhance Liquidity
Earlier today, Justin announced plans to establish a liquidity fund with a $100 million investment aimed at further enhancing Huobi exchange's multi-currency liquidity.
Justin Sun Moving Stablecoins After Promising to Create Huobi Liquidity Fund
Justin Sun is moving $60 million in USDT from one of his Ethereum wallets, after he promised to create a $100 million liquidity fund for Huobi in response to an extreme drop and then rebound in the HT token late Thursday U.S. time.
Justin Sun Withdrawn $60 Million in Ethereum Stablecoins From Huobi to Aave
Justin Sun said the transfer is just normal practice of fund deployment.
Huobi to Compensate for HT Market Fluctuation Losses, Invest $100M in Liquidity Fund
At 3:45 pm, HT was trading at $4.70. By 4:10 pm, it was down to $1.83.
Huobi Will Set Up a Liquidity Fund With an Investment of 100 Million US Dollars
H.E. Justin Sun said the operation of @HuobiGlobal exchange is #SAFE, the wallets are SAFE, and the backend is SAFE.
Huobi Token Saw a 90% Flash Crash, Recovery; Community Blames High Sales, Market Downturn
At 3:45 pm, HT was trading at $4.70. By 4:10 pm, it was down to $1.83. By 6:00 pm, it was back up $3.90, 30% lower than it had started the day.
Crypto Evening Briefing: Justin Sun 100% Confident Huobi Will Obtain Hong Kong VASP License
Justin Sun says he is “100% confident” that Hong Kong’s Securities and Futures Commission (SFC) will grant Huobi a Virtual Asset Service Provider (VASP) license.
Justin Sun 100% Confident Huobi Will Obtain Hong Kong VASP License
Justin Sun says he is “100% confident” that Hong Kong’s Securities and Futures Commission (SFC) will grant Huobi a Virtual Asset Service Provider (VASP) license.
Shiba Inu Becomes Most Searched Asset on Huobi
Shiba Inu Takes the Lead as the Most Searched Token on Huobi Global.
Crypto Evening Briefing: Mastercard and Visa Set Crypto Plans on Hold Amid Market Decline
Mastercard and Visa are holding off on their crypto integration plans in the wake of several turbulent events that have rocked the cryptocurrency space in the last year, according to Reuters.
Huobi To Join BitTorrent Chain’s L2 Ecosystem
Huobi, a virtual asset trading platform, announced to join the BTTC (BitTorrent Chain) ecosystem and to support the development of a layer 2 network based on BTTC. The goal is to promote an on-chain open financial system.
