Category: Huobi

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Today in Crypto: Digital Assets Subcommittee in the US, Iran’s and Russia’s Gold-Backed Stablecoin, UK Sentences Four to 15 Years in Prison

January 16, 2023

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: Today in Crypto: Digital Assets Subcommittee in the US, Iran’s and Russia’s Gold-Backed Stablecoin, UK Sentences Four to 15 Years in Prison  Read more »Sign up for e-EUR – the progressive…
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Lazarus Group Transfers $64M ETH From Harmony Bridge Hack

January 16, 2023

During the weekend, the notorious North Korean hacking gang Lazarus Group started transferring stolen money in the Harmony Bridge attack. Notably, the organization transferred over $63.5 million, or approximately 41,000 ETH.  On January 16, blockchain detective ZachXBT published information about the transfer of a significant amount of Ethereum. The cryptocurrency assets which originated from Tornado…
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Onchain Researchers Discover $63M in Ethereum From Harmony Bridge Attack Moved, Hackers Attempt to Launder Funds on Major Exchanges

January 16, 2023

On Jan. 15, 2023, onchain researchers discovered that funds stolen during the Harmony bridge attack had been moved. The suspected thieves, who are allegedly associated with the North Korean hacking syndicate Lazarus Group, moved 41,000 ethereum, worth $63.2 million at current exchange rates. Onchain Researchers Track Stolen Ethereum From Harmony Bridge Attack and Help Major…
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This Crypto Influencer Predicts Bitcoin Price At $25,000-$30,000 Soon

January 14, 2023

The start of 2023 is bringing a different phase in the crypto market. Over the past few days, most crypto assets have regained value. The bullish trend has spiked a new sentiment in the market as several positive predictions have emerged. Ben Armstrong, a popular YouTuber known as BitBoy, predicted a bullish trend for Bitcoin…
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Huobi delists 33 tokens in one day citing trading risk, low volume

January 11, 2023

Some tokens were delisted due to “severe violation of regulations.” According to a Jan. 11 announcement, cryptocurrency exchange Huobi said that it would delist 33 tokens consisting of tickers ABT, ATP, APN, AST,DIE, DHT, DFA, EDEN, GEAR, HC, INDI, IOI, INV, IRIS, GCOIN, GOF, KMA, MTA, NAS, OPUL, PEARL, PRIMATE, QASH, SMT, SLC, SKU, SOC,…
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Why Justin Sun’s Stablecoin USDD Is Struggling To Maintain Its Dollar Peg

January 10, 2023

A stablecoin is a cryptocurrency that is pegged to a certain fiat currency. It provides stability for investors of crypto, making transactions easier. USDD, a stablecoin created by the founder of the Tron Blockchain, Justin Sun, has been losing its peg to the U.S. dollar. According to Coingecko, USDD is currently trading at $0.9805. Although…
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Huobi Korea Plans to Cut Ties With Parent Company, Strengthen Domestic Presence

January 10, 2023

According to a report from South Korea, the Korean subsidiary of Huobi Global is planning to cut ties with the parent company. The management of the trading platform stated that they plan to “strengthen its position” as a domestic cryptocurrency exchange and change its name. Huobi Experiences Significant Withdrawals as Subsidiary Huobi Korea Looks to…
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Today in Crypto: Traders at an Institutional Crypto Firm Targeted by Hackers Since July 2022, Huobi Korea to Reportedly Cut Ties with Huobi Global

January 9, 2023

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: Today in Crypto: Traders at an Institutional Crypto Firm Targeted by Hackers Since July 2022, Huobi Korea to Reportedly Cut Ties with Huobi Global  Read more »Sign up for e-EUR –…
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Huobi Layoffs Spark Controversy and Speculation, Justin Sun Claims Everything Is Fine

January 6, 2023

The cryptocurrency exchange Huobi is laying off 20% of its employees, according to multiple reports over the past two days. However, Huobi’s advisor Justin Sun, the founder of Tron, told the South China Morning Post that the layoff reports were untrue. A Huobi spokesperson later confirmed that the staff cuts are true and Huobi plans…
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Today in Crypto: US SEC Seeking Details on FTX Investors’ Due Diligence, NY Attorney General Sues Celsius Co-founder, European Central Bank Executive Claims Crypto is Gambling

January 6, 2023

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: Today in Crypto: US SEC Seeking Details on FTX Investors’ Due Diligence, NY Attorney General Sues Celsius Co-founder, European Central Bank Executive Claims Crypto is Gambling  Read more »Sign up for…
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