HTX responded to UK sanctions targeting Huobi Global S.A., clarifying that the sanctioned entity is separate from its trading platform operations. The UK sanctions focus on specific legal entities linked to Russia-related financial restrictions but do not affect HTX's global user assets or trading activities. HTX confirmed that deposits, withdrawals, and trading continue without disruption, and reassured users that their funds remain safe. The exchange is actively communicating with authorities and addressing concerns about risk labels and compliance checks from other exchanges.
HTX, a crypto exchange owned by Justin Sun, transferred $1.3 billion of its reserve funds to an undisclosed third-party custodian following UK sanctions accusing it of aiding Russian entities. This move likely aims to protect legitimate users from ha...
Velvet (VELVET) surged 99.93% to $1.79, pushing its market cap to $744.21 million, driven by growing interest in blockchain privacy solutions. Other notable gainers include Monero (XMR) up 25.65%, LAB rising 18.45%, and Audiera (BEAT) climbing 16.98%...
