Tag: Decentralized Finance (DeFi)

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Huobi Founder Li Lin Launches $1B Ethereum Trust With Asia’s Top Crypto Backers

Key Takeaways:Li Lin, founder of Huobi and Avenir Capital, has raised $1 billion to launch a new Ether-focused digital asset trust alongside leading...

Huobi Founder Eyes $1,000,000,000 Ethereum Treasury Firm

Key NotesHuobi founder and chairman of Avenir Capital, Li Lin, plans to collaborate with investors to launch a $1 billion ETH treasury.Some of...

Will Li Lin’s $1B Ether Trust Push ETH’s Bullish Flag Toward $6.5K…

Li Lin, founder of Huobi and chair of Avenir Capital, raised about $1 billion to build an Ether-focused trust. He aims to announce...

All about $530M Bitcoin ETF outflow and its market impact

Key Takeaways Which Bitcoin ETFs saw the largest outflows? Ark Invest’s ARKB led with $275.2 million, followed by Fidelity’s FBTC with $132 million, and Grayscale’s...

Asian Executives Join Forces to Launch $1B Ethereum Trust Fund

Key NotesFormer Huobi chief Li Lin partners with early Ethereum backers from Fenbushi, HashKey, and Meitu to create regulated Ether vehicle.The trust has...

9 Biggest Bitcoin Crashes in History

In brief Mt. Gox's 2011 hack caused Bitcoin's worst crash ever, plummeting 99.9% after hackers dumped stolen BTC for pennies. Major crashes stemmed from China...

Huobi Founder to Launch $1B Ethereum Treasury Firm, Boosting ETH Demand

Crypto exchange Houbi’s founder, Li Lin, is reportedly planning to launch a $1 billion Ethereum treasury firm alongside a group of other...

Huobi Founder to Set up $1B Ether Treasury Firm

Li Lin, the founder of Huobi and chairman of Hong Kong-based Avenir Capital, is spearheading a new $1 billion ether ETH$3,789.69 trust alongside...

Morning Minute: Bitcoin Falls Again as JPMorgan Blames Crypto Natives for Selloff

Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those...