According to Huobi's market data on August 30th, the top three coins with the highest increase are TDX, BOB, and FUD. The Meme coin with the highest increase is BOB (31.75%). The DeFi sector with the highest increase is PBR (13.31%). 

According to Huobi's market data, the top three coins with the highest increase on August 22nd were LIKE, FUD, and AKRO. AKRO had the highest increase in the DeFi sector (16.60%), while AKT had the highest increase in the Storage sector (11.79%). 

Binance CEO Changpeng Zhao (CZ) has criticized recent news reports claiming that former Binance.US CEO Brian Brooks was voted out by the Binance board. CZ called the quality of research, validation, and logical thinking in the reports "appalling," stating that a single vote holding out of three would not be enough to stop anything if it was a board vote.

June 16 (Cointime) - Stablecoin issuer Tether issued a statement in response to FUD, stating that Tether has never and will never compromise the integrity of its reserves. This commitment to maintaining the highest standards extends to its risk indicators and risk measurement processes. These mechanisms enable its investment and finance teams to thoroughly assess any financial interaction-related risks with the company. With an understanding of the lending business and regulatory environment, Tether actively strives to achieve and maintain its business goals while adhering to its risk management culture.

Binance CZ has called for unity in the crypto industry in the face of external forces attacking it.

According to the latest reports, Tether expects more than $1 billion in total revenue from USDT in Q1. It also anticipates a $700 million profit for the quarter.

Charles Hoskinson, the founder of Cardano, has addressed recent concerns about the network’s governance structure, reassuring ADA enthusiasts and users that development processes will be robust and transparent.

A new report from CryptoCompare, a provider of crypto market data, reveals that Binance’s market share rose from 59.4% in January to 61.8% in February.

FTX debtors who control the official FTX Twitter account are warning the community about entities claiming to be associated with the now-defunct cryptocurrency exchange. The company filed for Chapter 11 bankruptcy, and the restructuring team and debtors use the official FTX Twitter account often to inform the community of updates. On Feb. 17, 2023, the debtors issued a warning, stating that the bankrupt firm has not issued any debt tokens.

Crypto exchange Huobi said DebtDAO would burn 18 million  FTX User Debt (FUD) tokens later today because it rallied to a much higher value than the recommended price, according to a Feb. 7 statement.

Huobi recently treated FTX users with great news. The exchange has recently listed the FTX users’ Debt (FUD) token. The bond token showcases the high-value FTX debt asset that can assist crypto users everywhere. The token will allow creditors to access a new level of liquidity, letting them trade FTX debt across the market.

Justin Sun, the founder of exchange Huobi, has put his name behind Debt DAO, a project claiming to be issuing FTX users’ debt as a bond token, FUD, on behalf of FTX creditors. In a Twitter thread, Debt DAO said it has been notified of around $100 million in debt by FTX creditors.

Crypto exchange Huobi announced that it is scheduled to list FUD(FTX Users’ Debt) on Feb.5. 

After what has been two weeks of an incredible rally for the price of Ethereum, the digital asset seems to be running out of steam. ETH’s price has now declined once more below $1,600 after a sharp downturn on Tuesday. The culprit for this seems to be growing FUD across the community.

On-chain data shows that addresses related to crypto lender Nexo are recording outflows following news of financial crimes investigations by the Bulgarian government.

Justin Sun, shadow owner of the Chinese crypto exchange, Huobi Global on Thursday affirmed that they are planning to lay off around 20% of its staff. Since this announcement, Huobi’s native crypto price has dropped by around 12% in the last 24 hours. However, data depicts that Justin Sun is moving huge amounts of funds amid this drop.

Huobi Global sees $60.9 million worth net outflows in just one day. The withdrawals surged after unconfirmed reports of Huobi laying off employees surfaced on social media. Today, Justin Sun confirmed that Huobi will be laying off 20% of its staff.

The FUD around Binance instantly affected BUSD. After withdrawing several billion dollars from the exchange and stopping the withdrawal of USDC, the exchange’s own stablecoin loses market capitalization.

Bitcoin is not just ‘number go up’ case, it’s a ‘let’s build a better world’ technology. Ignore it at your own peril.

There is no doubt that crypto exchanges are in trouble now. It is no surprise that FUD is rising. Will Binance be the only one to go through the storm safely? Lately, we did some observations that could be considered red flags for the exchange.