Tag: Layer 1 Blockchain

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Huobi Eco Chain

Corporate crypto accounts on HTX face a complete dead end with zero legal exit routes when EU sanctions strike on August 23

EU sanctions rules will bar direct and indirect transactions with HTX from Aug. 23 when those dealings fall within the bloc's jurisdiction. For...
Huobi Eco Chain

Why Hyperliquid’s KYC move could pave the way for U.S. markets

Hyperliquid is reportedly testing a KYC (Know Your Customer) feature with an allowlist, raising questions about the decentralized exchange’s (DEX) plans.  According to analyst...
Huobi Eco Chain

Russia’s Biggest Bank Plans Crypto Trading Infrastructure By Year End

Sberbank, Russia’s biggest bank, plans to build cryptocurrency trading infrastructure including a digital depository no later than Dec. 1 as the country brings...
Huobi Eco Chain

EU expands HTX crackdown as Russia-linked crypto network keeps shifting its financial rails

The European Union has sanctioned HTX, widening a Russia crackdown that has already affected counterparties beyond the exchange.The bloc placed Huobi Global S.A.,...
Huobi Eco Chain

EU Sanctions Hit 14 Crypto Firms Tied to Russia

Huobi Eco Chain

HTX Listed By EU in Russia Sanctions Evasion Probe

HTX, a well-known cryptocurrency exchange, has been added to the list of companies that are accused of helping Russians avoid the effects of...
Huobi Eco Chain

EU Names Justin Sun’s HTX in Russia Sanctions, Two Months After UK

In brief The European Union included HTX, the crypto exchange owned and advised by billionaire Justin Sun, in the 21st package of Russia sanctions...
Huobi Eco Chain

HTX rotates hot wallets to ‘stay ahead’ of static screening after UK sanctions: Report 

HTX exchange, formerly known as Huobi Global, is now switching its hot wallets, making it more challenging to carry out sanction screening, according...
Huobi Eco Chain

Justin Sun’s HTX ‘Rotating’ On-Chain Wallets Amid UK Sanctions: TRM Labs

In brief A new report from blockchain intelligence firm TRM Labs says that crypto exchange HTX has kept operating under the same brand following...
Huobi Eco Chain

Electronic Transactions Association CEO Expecting More Partnerships with Bitcoin Startups

Electronic Transactions Association (ETA) CEO, Jason Oxman, indicated that members of his organization might start recognizing Bitcoin’s disruptive potential, suggesting that this might...
Huobi Eco Chain

XRP’s $1 rebound faces holders trapped above $2

Glassnode reported that XRP holders who bought between 6 and 12 months ago have an average cost basis near $2.22, roughly 52% above...
Fantom Opera Chain

After a 97% crash, Sonic is betting on new leadership: Can it help S rally?

Sonic Labs, the builder of the EVM-compatible chain, Sonic, has announced a leadership overhaul. In a Friday statement, the project said that Michael Kong...
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