Huobi Responds to Several Issues of Public Concern
It is understood that Huobi's personnel optimization plan is no lower than the industry average.
Justin Sun Says He’s Interested in Putting Up to $1 Billion for a DCG Asset Fire Sale
Justin Sun, founder of TRON Foundation, has revealed he is willing to spend up to $1 billion of his own money to buy assets of embattled cryptocurrency lender Genesis’ parent firm, Digital Currency Group (DCG).
Justin Sun Says He May Spend $1 Billion on DCG Assets
Justin Sun could spend $1 billion of his funds to buy assets belonging to Digital Currency Group, according to a report from Reuters on Jan. 13.
Tron’s Justin Sun Stashes Chunk of His Money in a ‘Boomer’ Crypto Asset Manager – But Why?
After the news broke out that Tron (TRX) founder and Chinese crypto billionaire Justin Sun has secretly become one of the top clients of crypto asset manager Valkyrie, many experts found it odd he would place so much capital in a vehicle designed for ‘boomer asset managers’ or those uncomfortable with self custody.
Justin Sun Announces New Programs To Renew Public Faith in Huobi
Justin Sun has announced a new set of user experience programs for Huobi Global, including the launch of the Huobi User Experience Bounty Program and the User Experience Advisory Committee.The programs are aimed at securing the public’s trust following a liquidity scare last week.
Justin Sun Says Huobi Not in Financial Trouble, Job Cuts Have Nothing to Do With FTX
Crypto exchange Huobi Global has revealed plans to cut hundreds of jobs amounting to about a fifth of its workforce in the wake of last year’s implosion of competitor FTX.
Wallet Associated With Justin Sun Moves $100 Million to Huobi
A wallet associated with Tron founder Justin Sun moved $100 million of stablecoins to crypto exchange Huobi. Two transactions took place at 11:10 a.m. UTC, moving $50 million each of USDC and USDT, as noted by security analysts PeckShield.
Around $150 Million Exchanged Between Justin Sun and Binance Amid Huobi FUD
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 Sees $61 Million Net Outflows In A Day, Justin Sun Says FUD
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.
USDD Stablecoin Faces Possible Collapse Amid Huobi Insolvency Rumors
The bear market deepens as negative news and FUD keep popping up. The latest on the list of fear-causing information is Justin Sun’s USDD stablecoin and popular crypto exchange Huobi.
