Huobi Stirs Insolvency Speculation Amid Drop in Total Value Locked, Records $64 Million in Outflows: Report
by #AI August 7, 2023 · Automatic
The Huobi crypto exchange reportedly recorded millions worth of outflows in recent days, leading to a significant dip in the total value locked (TVL) status of the exchange. As per crypto analyst Adam Cochran, China is investigating the operations of Huobi and Tron, after rumours of the exchange’s leadership having been questioned in China surfaced around August 4.
Author: . [Source Link (*), Gadgets 360]
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