THE HASH: Data Shows Huobi Suffers $60M Token Outflows in a Day, Huobi Announces Major Layoffs
This episode is sponsored by the Galaxy Brains Podcast.
The most valuable crypto stories for Friday, January 6, 2023.
Crypto exchange Huobi saw turbulent trading in its HT token during Asian daytime hours after it confirmed a 20% staff reduction. The exchange has experienced outflows of $64 million in the past 24 hours, according to Nansen. "The Hash" group shares their hot takes on Huobi's latest development and other top stories of the day.
See also:
Tron's Price Sinks 8%, USDD Depegs Amid Drama at Justin Sun-Related Huobi Crypto Exchange
Crypto Exchange Huobi Sees $60M Token Outflows in a Day: Nansen
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This episode has been edited by Adrian Blust. Our executive producer is Jared Schwartz. Our theme song is “Neon Beach.”
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