
Justin Sun sets up $100M Huobi liquidity fund following HT flash crash
CryptoQuant's data showed that Huobi's reserve dropped by $72.4 million in the last 24 hours.
Read crypto exchange news, listing updates, security incidents, trading volume shifts, and platform strategy across global markets.

FTX intends to sell its stake in venture capital firm Sequoia Capital for $45 million to Al Nawwar Investments RSC Limited.

The significant USD liquidity decline shows Silvergate's role in connecting the traditional financial system and the crypto industry.

The company did not say whether it plans to submit a bankruptcy filing.

Coindesk previously reported that JPMorgan had ended its relationship with the Winklevoss twins-led crypto exchange.

The crypto community voiced skepticim over Kyle Davis and Su Zhu's plans to tokenize bankruptcy claims.

Binance held $3.55 billion worth of USDC — a reserve ration of 5,490.54% to the $64.7 million worth of assets users hold on the exchange.



