India tops global crypto use despite offshore exchange ban
India ranked first in Chainalysis’ 2024 Global Crypto Adoption Index, in addition to ranking second in the CSAO region in terms of crypto value received. Go to Source
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Justin Sun denies liquidation rumors amid market turmoil
Over the weekend, more than $1 billion in futures positions were liquidated from the crypto markets as fears of a looming recession intensified. Go to Source
Why is Bitcoin stagnated despite $2B in spot ETF inflows?
Reasons for BTC’s weakness include Mt. Gox coin movements, regulatory actions, and the U.S. Senate’s anti-crypto lobby. Go to Source
Huobi co-founder’s firm recovers 108% of deposits from FTX collapse
The creditors’ claims were sold for cash to Delaware-based Ceratosaurus Investors LLC. Go to Source
HTX crypto exchange overtakes Coinbase in trading volumes
Coinbase is lagging behind HTX and Bitrue exchange, with around $2 billion in spot trading volumes. Go to Source
X-Spot granted trademark injunction against Huobi Global in Hong Kong
The ruling only applies to the use of the trademark in Hong Kong until a final decision is issued at trial. Go to Source
British regulator adds Justin Sun-linked Poloniex to warning list after $100M hack
The Financial Conduct Authority warns that the crypto exchange is operating without proper authorization. Go to Source
Crypto exchange HTX reinstates Bitcoin services after $30M hack
Justin Sun said he expects functionality for other cryptocurrencies to gradually be reinstated with full services returning by next week. Go to Source
Justin Sun-related crypto platforms hacked 4 times in 2 months
Justin Sun’s cryptocurrency exchange HTX has been hacked twice since rebranding from Huobi in September 2023, raising questions from the crypto community. Go to Source
HTX’s Justin Sun claims record profits despite staff cuts
The blockchain personality claims that his exchange recorded a profit of $98 million in Q3 2023. Go to Source
