Tag: HTUSDT

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HTX Recommence Operations After Temporary Halt Due to Hack

Cryptocurrency exchange HTX (formerly Houbi) has recently announced its resumptions of operations after being halted for a while due to a recent exploit.  HTX To Resume Services Later Today HTX, one of the world’s leading crypto exchanges, has confirmed the resumptions of its withdrawal and deposit services later today. However, the crypto company should have…
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Huobi (HTX) Troubles Mount: Justin Sun Accused Of $2.4B Shortfall In User Funds

HTX (formerly known as Huobi), one of the leading cryptocurrency exchanges, has been embroiled in a new controversy as Justin Sun, Tron’s founder and BitTorrent’s CEO, faces allegations of a staggering $2.4 billion shortfall in user funds.  Adam Cochran, Managing Partner at Cinneamhain Ventures, has shed light on the intricate details of the alleged malpractice,…
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Huobi Global Faces Risks As Investments In stUSDT Surge To $1.8 Billion

Huobi Global, a prominent cryptocurrency exchange, is at risk as investments in the staked USDT (stUSDT) project soar to $1.8 billion. The project, spearheaded by crypto entrepreneur Justin Sun, promises 5% returns tied to low-risk securities like government bonds.  However, according to a Bloomberg report, Huobi’s heavy involvement in the project raises concerns about the…
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