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Huobi had reportedly withdrawn all its assets from Signature and Silvergate Bank prior to their demise.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.
