Despite a weak quarter for the industry, HTX’s CEO claims his firm brought in profits 14% more than the last…
HTX (formerly Huobi) reports Q3 2023 revenue of $24.75M, allocating 20% for token burn (~2M HT tokens).
FCA warns 145 digital asset companies, including Huobi-owned HTX and KuCoin, expanding regulations for cryptoasset service providers.
All funds have been replenished, and the attack has been treated as a white-hat incident.
Crypto experts believe the unending hack incidents are damaging the industry's reputation.
The exchange has already covered the losses, which are just a small part of its total assets.
The Australian crypto platform GroveX enabled trading services with the three memecoins earlier this week.
The striking similarity between HTX and the now-defunct crypto exchange FTX has generated quite a stir within the crypto community.
Despite insolvency rumors, Huobi emerged as the second-largest exchange in terms of spot trading volume in August.
"Tron and Huobi will thrive through continuous development," Sun predicted.