June 15 (Cointime) - Huobi, a virtual asset trading platform, has announced the launch of Phase I of its Huobi Mars Program, which aims to explore the universe. The program will consist of 12 rounds, with each round featuring a themed activity for participating users to complete and mint space NFTs. One lucky user will be selected to win a monthly reward and be shortlisted as a candidate space passenger. The eventual passenger for space travel with Justin Sun will be determined in Phase II, based on evaluation criteria such as physical fitness, training, and community contribution.

Justin Sun, who no longer holds Chinese citizenship, has been setting up businesses in Hong Kong under his identity from St. Kitts and Nevis, while keeping his ownership of Huobi at a distance. He previously used his Chinese passport to establish companies, but has since relied on his Caribbean identity.

The ownership of China-based crypto exchange Huobi remains a mystery, despite the acquisition announcement made by Hong Kong-based investment firm About Capital Management (ACM) in October 2022.

Tron founder Justin Sun predicts that tokenized know-your-customer (KYC) checks will become more common as regulations on cryptocurrency tighten. He suggests that even decentralized exchanges like Uniswap may require KYC for all on-chain users in the future. Huobi, where Sun serves as an advisor, has launched the Dominica Metaverse Bound Token (DMBT) as a solution to this, offering tokenized identity for those who have completed tier 3 KYC verification. Minted on the Tron blockchain, DMBT provides users with "citizenship" to the Dominica Metaverse and can be used as a decentralized ID to verify a person across different applications.

Justin Sun has deposited over $4 million worth of MKR on Binance, while the open interest for MKR has decreased, increasing the chances of a trend reversal.

Three major players in the cryptocurrency industry have taken action in response to concerns and delays surrounding the cross-chain protocol Multichain.

Justin Sun, founder of Tron and "advisor" to Huobi, criticized the younger brother of Huobi founder Li Lin, Li Wei, for receiving millions of Huobi tokens for free and profiting from selling them. Sun stated that Wei should not have received the tokens in the first place and that the HT DAO committee plans to negotiate a refund and destruction of his remaining tokens. Sun emphasized the importance of fairness and rewarding those who contribute to the growth and development of HT DAO. Huobi recently announced a stake sale, but did not disclose the terms of the deal with About Capital Management. The price of Huobi's HT token has fallen over the past month but has recovered slightly following Sun's tweets.

Justin Sun, a crypto entrepreneur, has accused Li Wei, the brother of Huobi's exchange founder Li Lin, of acquiring Huobi Tokens (HT) for free and selling them for millions on the platform. Sun claims that Wei received the tokens at no cost and has been making huge profits by selling them on Huobi. Sun has promised to recover and destroy the remaining tokens with Wei through the help of the Huobi Global Advisory Committee and the HT DAO community. Huobi founder Li Lin has asked Sun to provide evidence of his claims and promised to pay a 10-times compensation if they are true.

TRON founder Justin Sun has denied rumors that he owns a controlling stake in Huobi Global, stating that his role with the company is as an advisor. However, he has represented Huobi in a high-level capacity and announced the potential merger of Huobi and Poloniex in November 2022.

Justin Sun's recent tweet about trading memecoins for "fun" has resulted in an influx of near-worthless tokens being gifted to him. This tactic of sending memecoins to popular influencer addresses to trick people into buying them is a common ruse used by scammers and promoters.