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Bitcoin (BTC) $ 98,320.34
ethereum
Ethereum (ETH) $ 3,419.43
tether
Tether (USDT) $ 1.00
bnb
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usd-coin
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xrp
XRP (XRP) $ 1.47
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Cardano (ADA) $ 1.07
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matic-network
Polygon (MATIC) $ 0.579591
polkadot
Polkadot (DOT) $ 9.01
tron
TRON (TRX) $ 0.216012
bitcoin
Bitcoin (BTC) $ 98,320.34
ethereum
Ethereum (ETH) $ 3,419.43
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 668.22
usd-coin
USDC (USDC) $ 0.999883
xrp
XRP (XRP) $ 1.47
binance-usd
BUSD (BUSD) $ 0.993202
dogecoin
Dogecoin (DOGE) $ 0.436837
cardano
Cardano (ADA) $ 1.07
solana
Solana (SOL) $ 255.99
matic-network
Polygon (MATIC) $ 0.579591
polkadot
Polkadot (DOT) $ 9.01
tron
TRON (TRX) $ 0.216012
More

    Huobi's TVL drops to $2.5B amid rumors of insolvency, investigations in China

    Latest News

    Cryptocurrency trade Huobi has seen outflows price $64 million between Aug. 5-6, amidst ongoing rumors about its solvency and that Chinese language authorities had been investigating its executives. Outflows over the weekend resulted within the trade’s complete worth locked (TVL) falling to $2.5 billion on the time of writing, down from $3.09 on July 6.

    Rumors that the trade’s management had been arrested in China first surfaced on Aug. 4, as a part of an alleged investigation in regards to the trade’s dealings with playing platforms. Talking to Cointelegraph, a Huobi spokesperson labeled the claims as pretend information. Rumors floor as authorities are reportedly tightening up management over cryptocurrency exchanges in mainland China.

    Huobi’s reserves of USDT, USDC on Aug. 6. Supply: DefiLlama.

    Proceed Studying on Coin Telegraph

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