December 24, 2024

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Huobi’s TVL drops to $2.5B amid rumors of insolvency, investigations in China

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Huobi's TVL drops to .5B amid rumors of insolvency, investigations in China

Cryptocurrency exchange Huobi has seen outflows worth $64 million between Aug. 5-6, amidst ongoing rumors about its solvency and that Chinese authorities were investigating its executives. Outflows over the weekend