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tron
TRON (TRX) $ 0.16244
bitcoin
Bitcoin (BTC) $ 68,869.45
ethereum
Ethereum (ETH) $ 2,436.94
tether
Tether (USDT) $ 0.999757
bnb
BNB (BNB) $ 559.76
usd-coin
USDC (USDC) $ 1.00
xrp
XRP (XRP) $ 0.512287
binance-usd
BUSD (BUSD) $ 0.998029
dogecoin
Dogecoin (DOGE) $ 0.168452
cardano
Cardano (ADA) $ 0.33173
solana
Solana (SOL) $ 162.08
matic-network
Polygon (MATIC) $ 0.298516
polkadot
Polkadot (DOT) $ 3.83
tron
TRON (TRX) $ 0.16244
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    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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