Huobi refutes insolvency and leadership arrest rumors By Cointelegraph
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Disclaimer: This article has been updated to reflect Huobi’s claims against the ongoing insolvency rumors and provide additional information on outflows between Aug. 5-6.
Cryptocurrency exchange Huobi dismissed the ongoing rumors against its insolvency, which was fueled by total value locked (TVL) data that briefly showed $64 million in outflows between Aug. 5-6 amid ongoing investigations from Chinese authorities.
Continue Reading on Coin Telegraph
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Disclaimer: This article has been updated to reflect Huobi’s claims against the ongoing insolvency rumors and provide additional information on outflows between Aug. 5-6.
Cryptocurrency exchange Huobi dismissed the ongoing rumors against its insolvency, which was fueled by total value locked (TVL) data that briefly showed $64 million in outflows between Aug. 5-6 amid ongoing investigations from Chinese authorities.
Continue Reading on Coin Telegraph