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Hong Kong-based Huobi Asset Management announced the launch of Bitcoin (BTC), Ethereum (ETH), and mining-related funds for professional investors yesterday, it said in a release shared with CryptoSlate.
Following the OKEx founder’s arrest that resulted in over 200,000 BTC being caught in limbo due to him being the sole holder of the multi-sig withdraw keys, Bitcoin investors have been wary of holding their coins on centralized exchanges.
Three major crypto exchanges listed Aragon’s ANT tokens yesterday, causing an immediate price bump and frantic Google searches for what the protocol does.
Huobi, one of the world’s largest crypto exchanges by market cap, is now running a Chainlink (LINK) node on its Wallet service, the firms announced in a release Thursday.
It has been a rocky past few years for the price of XRP.
Development and demand for staking applications are booming ahead of Ethereum’s ETH 2 update, which sees the latter shift to a Proof-of-Stake consensus algorithm.
Leading blockchain security and analytics company Chainalysis recently revealed that it tracked $2.8 billion in Bitcoin (BTC) that was allegedly transferred by criminal elements to major digital currency exchanges last year.
The third-largest Ponzi scam in history, Plus Token Wallet, could be responsible for the drop in price Bitcoin saw last week.
Exchanges beware: crypto evolves rapidly, and provides no shelter for complacency.
As part of its quarterly token burning scheme, Huobi Global has announced that it’s burned 11.3 million Huobi Tokens (HT) worth approximately $40m.