The European Union has sanctioned HTX, widening a Russia crackdown that has already affected counterparties beyond the exchange. The bloc placed Huobi Global S.A.,…
South Korean lawmaker revealed that the locked fund numbers could rise if platforms that have temporarily halted operations are included.
Hong Kong SFC has received seven new applications for licensing from several firms, including HTX, after warning that unlicensed platforms would be shutdown.
HTX global adviser Justin Sun reiterated the platform's security measures following the compromise.
HTX extended its offer for a seven-day grace period before turning to law enforcement.
New indicators from Glassnode show Huobi's reserves strain as negative reliance ratios point to escaping assets.
Huobi advisor Justin Sun has invited PayPal to issue the stablecoin on Tron.
Despite the ongoing regulatory pressure on U.S. exchanges, their offshore competitors saw much higher Bitcoin outflows in the past month.
Spot trading activities on exchanges have dropped to their lowest level since 2020.
Malaysia's Securities Commission advised Huobi users in the country to withdraw their assets from the platform immediately.
Huobi founder Li Lin reportedly promised to pay a 10-times compensation if Justin Sun's allegations are true.
CryptoQuant's data showed that Huobi's reserve dropped by $72.4 million in the last 24 hours.
