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January 10, 2023

Breaking: Huobi Korea Severs Ties With Parent Firm; Will HT Token Tank?


Does Huobi Korea CEO want to buy all the shares?

It is reported that Firewall South Korea has been looking to build its own project. In this auction, South Korea wants to recover all the shares currently owned by Huobi World. The company will also change the name of the password exchange.

Baidu Robin Li, founder of Firewall around the world, owns more than 50% of South Korea. However, it is reported that Yan Guofeng, CEO of Huobi South Korea, wants to buy out all the shares.

This major breakthrough will hit the ground when Huobi publishes a "reserve certificate" with a savings rate of 101%. But that's what happened shortly after the horrific collapse of SBF's FTX password exchange, and soon after people clearly raised concerns about the capital adequacy of password companies.

Earlier, Coingape sources said that Justin Sun confirmed that Huobi cut 20% of its staff. However, according to an internal structure notice of the company, about 20,000 new customers on the exchange have survived the winter login password in the past three months.

Will the Firewall dynamic password fall?

The price of firewall coins (HT) has fallen by 25 per cent in the past 30 years. However, the price of HT has risen by about 3 per cent in the past 24 hours. As of the time of submission, its average transaction price was $4.80.

Earlier, the price of HT tokens fell by about 10% in a day, while its 24-hour trading volume fell 23% after reports of civil strife on the Internet.

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