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First Mover Americas: Justin Sun Rises


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

Huobi Global to Delist HUSD — Stablecoin Slips Below $1 Parity to $0.89


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...

Founder of Huobi Crypto Exchange Sells Stake in Company


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...

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