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From a $32 Billion Valuation to Financial Troubles: An In-Depth Look at the Rise and Fall of FTX
10.11.2022
During the last two days, the cryptocurrency community has been dealing with the FTX fiasco after Binance revealed that it was backing out of the deal to acquire the rival exchange. Between Nov. 8-9, the crypto economy shed more than $230 billion in value as FTX’s troubles shook investors....
First Mover Americas: Justin Sun Rises
10.11.2022
The latest price moves in bitcoin (BTC) and crypto markets in context for Nov. 10, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Tron's stablecoin USDD loses dollar peg on suspected selloff by Alameda Research
10.11.2022
Wallets associated with Sam Bankman-Fried's Alameda Research could be behind the dollar de-peg, alleges Tron founder Justin Sun
TRX Momentarily Surges 4,000% on FTX After Justin Sun Emerges as Latest 'Would Be' FTX Savior
10.11.2022
Justin Sun offered a “way forward” for embattled exchange FTX earlier
Without Details, Tron's Justin Sun Says He's 'Putting Together Solution' for FTX
10.11.2022
Justin Sun tweeted he was putting together some sort of solution for FTX, though he provided no details
Huobi Global to Delist HUSD — Stablecoin Slips Below $1 Parity to $0.89
28.10.2022
On Thursday, the cryptocurrency exchange Huobi Global announced that the trading platform plans to delist the stablecoin HUSD and the delisting will begin at 08:00 (UTC) on October 28, 2022. Furthermore, users with HUSD held on the exchange will see their balances auto-converted to the stablecoin...
Why is the price of Houbi Token up 12% today as rest of the market slumps?
13.10.2022
HT price makes further gains as Huobi Global opens SEAN spot trading, but the rally might be short-lived as technicals flip bearish
Huobi Token Surges 75% as Tron Founder Justin Sun Calls for Empowering the Exchange Token
13.10.2022
According to Tron's Founder Justin Sun, empowering HT holds the key to revitalising Huobi
Justin Sun 'Optimistic’ About Crypto’s Return to China, Addresses Huobi Acquisition
11.10.2022
Tron founder Justin Sun joined “First Mover,” to discuss his role on Huobi’s advisory board and why he’s hopeful the crypto exchange will make its way back to mainland China
Crypto News Summary: FTX V2 Announced, Transit Finance Hacker Returning Funds, Dapper Labs Restricts Russian Accounts
10.10.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Crypto News Summary: FTX V2 Announced, Transit Finance Hacker Returning Funds, Dapper Labs Restricts Russian Accounts
Founder of Huobi Crypto Exchange Sells Stake in Company
10.10.2022
Huobi founder and controlling shareholder Leon Li Lin will sell its entire stake in the Seychelles-based crypto exchange to About Capital Management, a Hong Kong-based assets management company.
According to an October 8 blog post, the buyout vehicle of About Capital will control the majority...
Report: Hong Kong-Based Asset Management Firm Acquires Controlling Stake in Asian Crypto Exchange Huobi
10.10.2022
Li Lin’s controlling stake in Huobi, one of Asia’s largest cryptocurrency exchanges, was recently acquired by About Capital Management for an undisclosed sum. Huobi’s acquisition by the Hong Kong-based asset management firm came shortly after the crypto exchange had exited...
Tron Founder Justin Sun Thinks Crypto Could Learn Something From TradFi
28.9.2022
“We want our 100 million customers to know that we really take their money and their data seriously,” he said in an interview with CoinDesk
Best Universities for Blockchain 2022: Sun Yat-sen University
26.9.2022
Collaborations with prominent industry players such as Tencent and Alibaba put this Guangzhou university at No. 16. This story is part of CoinDesk's Education Week
Value Locked in Defi Drops to Lows Not Seen Since March, Ethereum Dominates TVL by 57%
24.9.2022
The state of decentralized finance (defi) in terms of total value locked (TVL) has been tumultuous, to say the least, and currently the TVL in defi today is approximately $54.95 billion. The TVL has not been this low in over five months since March 29, and the most dominant defi protocol today...
Ethereum Proof-of-Work Fork Stumbles as Justin Sun's Poloniex Supports Rival Fork
16.9.2022
The fork’s ETHW token dropped 70% as new proof-of-work blockchain’s debut was pocked by technical glitches and the crypto exchange of vocal early supporter Justin Sun decided to support a different, little-known fork
Built to fall? As the CBDC sun rises, stablecoins may catch a shadow
12.8.2022
Will central banks allow stablecoins to survive? Maybe as a financial instrument for the unbanked or they will be able to peacefully co-exist?
MakerDAO Founder Suggests ‘Seriously Considering’ Depegging DAI from USD
12.8.2022
MakerDAO (decentralized autonomous organization) founder Rune Christensen has called for the community members to consider depegging Maker (MKR)’s stablecoin DAI from USD, and perhaps (slowly) getting into ethereum (ETH) – which Vitalik Buterin argued would be a “terrible idea.”
Writing in...
Huobi Might Get a New Owner, FTX Among Potential Buyers - Report
12.8.2022
Huobi Group founder Leon Li is in talks to sell his roughly 60% stake in this major crypto exchange, while Tron (TRX) founder Justin Sun and Sam Bankman-Fried’s FTX exchange are being mentioned among those who’ve had preliminary contact with Huobi....
Read More: Huobi Might Get a New Owner,...
What the fork? Ethereum's potential forked ETHW token is trading under $100
9.8.2022
A non-difficulty bomb ETHW chain could grab 2%-10% of Ethereum's market capitalization, crypto hedge fund manager says