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News Summary: Visa Pulls Plug on FTX Deal, New Rugpull, BCH May Become Legal Tender, Binance & Bitget Aim to Help Reduce FTX Impact
14.11.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: News Summary: Visa Pulls Plug on FTX Deal, New Rugpull, BCH May Become Legal Tender, Binance & Bitget Aim to Help Reduce...
Crypto Trading Platforms Deal With Massive Withdrawal Requests — Over $5 Billion in BTC, ETH Removed From Exchanges
14.11.2022
During the last week, the crypto community has been dealing with the demise of FTX and its affiliated crypto businesses, and ever since then, the proof-of-reserves topic has found its way to the forefront of conversations. Another silver lining to the fiasco is the fact that cryptocurrency...
Crypto.com's CRO token is in trouble but a 50% price rebound is in play
14.11.2022
Short CRO traders were paying as much as 3% premium to long traders on Nov. 14, reflecting extreme bearishness in its futures market
Huobi and Gate.io under fire for allegedly sharing snapshots using loaned funds
13.11.2022
A wallet address linked to the Huobi exchange was found transferring 10,000 ETH to Binance and OKX deposit wallets soon after releasing its asset snapshot
Proof-of-Reserves Concept Gains Traction as Major Crypto Exchanges Provide Wallet Lists and Promise Full Audits
12.11.2022
When it was first discovered that FTX might be insolvent, a large slew of crypto exchange executives said that they aimed to provide proof-of-reserves audits. While exchanges like Binance and Crypto.com have provided wallet addresses tied to company wallets, blockchain analytics firm Nansen...
Crypto Market Rout Fuels Global Exchange Volumes — Kraken, Coinbase Report Connectivity and Latency Delays
9.11.2022
Amid the market carnage on Tuesday, Nov. 8, the top ten cryptocurrency exchanges have seen trade volumes soar. During the 24-hour period on Tuesday, the top five exchanges alone recorded more than $60 billion in trade volume. Out of the top ten crypto exchanges by trade volume, exchanges...
Gala token exploit 'not a white hat act': Huobi Global
7.11.2022
Huobi claimed that calling the incident a white hat move was only pNetwork’s excuse to avoid legal sanctions
Huobi Global reportedly plans relocation to the Caribbean
2.11.2022
The company may relocate up to 200 employees from Seychelles to one of the Caribbean jurisdictions
Huobi Crypto Exchange Denies Mass Layoffs and Exec Resignations
1.11.2022
Major crypto exchange Huobi Global has denied mass layoff claims and allegations that two of its top executives have resigned.
In a tweet on October 29, prominent Chinese journalist Colin Wu claimed that the company’s CEO Leon Li and chief financial officer Chris Lee have resigned. Citing people...
Huobi Global denies ‘large-scale layoffs’ and key exec resignations
1.11.2022
A spokesperson from Huobi Global says rumours of layoffs are "untrue" and the "senior management team is performing their duties as per normal."
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...
Gamefi-Focused Oasys Blockchain Launches Mainnet With Support of Sega, Ubisoft, and Bandai Namco
27.10.2022
Oasys, a Web3, EVM-compatible, gamefi-focused blockchain project, launched the first phase of its mainnet on October 25th. The company, which has gathered support from AAA gaming companies such as Sega, Ubisoft, and Bandai Namco, will start validating blocks from all nodes in preparation for...
Proof-of-Stake L1 Blockchain Token Aptos Climbs Close to 20% Higher in 24 Hours
22.10.2022
Five days ago, the Aptos blockchain went live after the project received an influx of capital from venture capital (VC) firms and crypto exchanges like a16z, Binance, and FTX. During the past 24 hours, aptos (APT) is up more than 19% against the U.S. dollar and up 11.1% against bitcoin’s...
5 altcoins that could be ripe for a short-term rally if Bitcoin price holds $19K
17.10.2022
Bitcoin price continues to trade within a tight range, setting up possible short-term breakout for MATIC, HT, QNT and OKB
Localbitcoins, Crypto.com, Other Providers Suspend Services for Russians Under EU Rules
16.10.2022
Complying with the latest EU sanctions targeting Russia, well-known cryptocurrency platforms like Localbitcoins, Blockchain.com, and Crypto.com have started to restrict or terminate services for Russian accounts. The moves follow the adoption of new European penalties in response to Moscow’s...
Bitcoin Price and Ethereum Hold Crucial Support, Huobi Gains 75% In A Week
15.10.2022
The Bitcoin price is trading choppy near $19,189 after being rejected below the $19,950 resistance level. While Ethereum's price has dropped by more than 2% to $1,298.
Since About Capital bought out the Huobi platform and appointed Sun as an advisor, the price of Huobi Token has skyrocketed....
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
Biggest Crypto Gainers Today 10 October – Quant (QNT), Battle Infinity (IBAT), Chainlink ( LINK ), Huobi Token (HT), Terra Classic (LUNC), Tron (TRX)
10.10.2022
During the early European session, the cryptocurrency market was slightly bearish, with the global crypto market cap falling from $936 billion to $933 billion. Despite a slowdown in the crypto market, leading crypto coins like Bitcoin and Ethereum prices are experiencing choppy sessions. ...
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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...