huobi

Huobi Stirs Insolvency Speculation Amid Drop in Total Value Locked, Records $64 Million in Outflows: Report

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[ad_1] The Huobi crypto exchange has stirred stress among members of the crypto industry, many of whom now speculate that the exchange could be looking at an insolvency situation. A number of factors have contributed to the rumours that indicate that the exchange is under grave financial distress. This includes millions worth of outflows from … Read more

Portuguese Startup Ethena Garners $6 Million in Funding from DragonFly, Huobi for Stablecoin Development

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[ad_1] Several venture capital firms have collectively poured in millions into Ethena, a Portugal-based startup. A total of $6 million (roughly Rs. 55 crore) has been poured by multiple investment firms into Ethena, that is gearing to launch a stablecoin backed on the Ethereum blockchain in the coming months. Dragonfly led this seed funding round, … Read more