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Title: is huobi going down ? Post by: teramit on November 12, 2022, 03:39:51 AM https://coinmarketcap.com/currencies/husd/
right now husd is 17 cent , it is a comedy that an exchange sells its own stable coin to someone else and claim itself not responsible for it. They also closed local offices leaving only last personels for local support while even ftx was opening new local offices. A hack happened and billions valued husd gone then some recover news but they could not stand and sold exchange whole. But we know from poloniex selling a damaged exchange doesnt turn good to its customers. Also justin sun seems involved this new ownership. As a result it seems like they bought for emtying its case. they made a lot of campaign that can affect unexperienced cyrpto customers, that smells bad. After ftx we still can see exploited customers at exchanges in this unregulated sector. Be carefull :-\ Title: Re: is huobi going down ? Post by: Bitcoin_Arena on November 12, 2022, 11:55:20 PM Lol, another unstable coin down the drain ;D
I don't know much about the new team but as far as I know, everything Justin Sun touches turns into shit He's a scumbag and an opportunist Title: Re: is huobi going down ? Post by: mk4 on November 13, 2022, 01:21:31 AM Get funds off exchange for now(even if you trade actively) just to be totally sure. We might not have seen the extent of the contagion risk/effect caused by FTX's insolvency.
Title: Re: is huobi going down ? Post by: teramit on November 13, 2022, 03:10:00 AM It looks like HUSD price begin to crash after they decide to delist it on 10/27/22[1]. Rather than Houbi going down, IMO it's more likely they burning bridge with Stable Universal (company/team behind HUSD) after partnership on 2019. right now husd is 17 cent , it is a comedy that an exchange sells its own stable coin to someone else and claim itself not responsible for it. They also closed local offices leaving only last personels for local support while even ftx was opening new local offices. Could you provide the news source? I did quick search, but only found article about delisting or speculation it'll follow FTX path. [1] https://www.coincarp.com/exchange/announcement/huobipro-104921194018990/ (https://www.coincarp.com/exchange/announcement/huobipro-104921194018990/) [2] https://paxos.com/2019/07/17/stable-universal-partners-with-paxos-and-huobi-to-launch-new-stablecoin-husd/ (https://paxos.com/2019/07/17/stable-universal-partners-with-paxos-and-huobi-to-launch-new-stablecoin-husd/) https://tr.linkedin.com/in/alphangogus this guy was local manager but they fired him with all group Stabil coin is the best way to exploit customers money, people trust it like real usd so alot of money comes to it but then drain and show it like a hack just now sbf is doing same. so you can understand them https://www.coindesk.com/business/2022/11/04/huobi-exchange-users-furious-after-gala-holdings-are-converted-to-meme-token/ a lot of fisshy things happening right now can you think binance is delisting busd :/ |