Crypto News Live Updates Jan 6: Huobi Token Tanks After Reports Of Internal Conflicts Surface
Crypto News Today Live Updates December and Latest News: (6 January 2023) The global digital asset market printed red indexes on Friday morning after registering a broad recovery for three consecutive days. The cumulative crypto market cap stands at $816 billion. The 24 hour trading volume has dropped by 15% to stand at $27.4 billion.
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2023-01-06T15:00:00+5:30
Genesis-Parent DCG Shuts Down Its Wealth Division Unit Amid Troubles
Hours after the news broke out that Genesis Global has fired 30% of its staff, parent company digital currency Group (DCG) has decided to close its wealth division. This is the latest sign of trouble as the company has been facing a severe liquidity crisis at Genesis following the FTX collapse.
Dubbed HQ Digital, Digital Currency Group (DCG) has shuttered its wealth management division, a company spokesperson confirmed. The Information was the first to report the news.
2023-01-06T14:10:00+5:30
Hyundai Unveils Exclusive Auto Expo 2023 Pavilion at Metaverse
The second-largest automaker in the nation, Hyundai Motor India, has introduced the Hyundai Pavilion on Metaverse Space. The Hyundai Mobility Adventure on Roblox will also make its debut with the opening of the 2023 Auto Expo. Hyundai’s virtual city, the Hyundai Mobility Adventure, features five of the company’s most popular vehicles, including the IONIQ 6, IONIQ 5, NEXO, TUCSON, and VENUE N Line. Read More Here…
2023-01-06T13:30:00+5:30
Tron’s USDD Stablecoin Depegs, TRX Drops By 8%
The global digital asset is struggling to keep up due to recent events like the collapse of Sam Bankman-Fried (SBF)’s FTX crypto exchange and FTT token. However, Justin Sun and his TRON ecosystem tokens are facing similar challenges in the crypto winter.
As per the data, Justin Sun’s Tron USDD Stablecoin is de-pegging heavily and it could be in the process of collapsing. Read More Here…
2023-01-06T12:45:00+5:30
Justin Sun Confirms 20% Of Staff Layoff At Huobi
Tron founder Justin Sun on Friday said the crypto exchange Huobi plans to layoff 20% of its staff. While advisor Justin Sun earlier denied rumors of layoffs, pay disputes, and conflict with employees, he asserts several “structural adjustment” has not started and is expected to be completed by the first quarter.
2023-01-06T12:00:00+5:30
Huobi Token Falls After Reports Of Internal Conflicts Surface
Native token of the Chinese crypto exchange Huobi Global, Huobi Token, is down nearly 9% in the last 24 hours after reports of internal strife surfaced on social media. The trading volume of the crypto exchange is also down 23% in the last 24 hours. Read More Here…
2023-01-06T11:30:00+5:30
Bitcoin Price Drops As Silvergate Shares Plunge
The price of Bitcoin falls down after the news of Silvergate laying off employees breaks out. It is down by 0.20% in the last 24 hours.
Bitcoin was trading for 16,878.68 USD at 9:25 pm IST. However, as of writing each BTC token is costing 16,807.73 USD. Trading volume decreases by 14.27% over the last day. The market cap for the crypto is currently at 323.753 billion USD. Read More Here…
2023-01-06T11:00:00+5:30
NFT Trading Vol Hits 3 Month High
As per the data provided by NFTGO data, the single-day trading volume of the NFT market on January 5 exceeded 32,000 ETH, hitting a three-month high. On the same day, OpenSea’s ETH-denominated trading volume also hit a two-month peak
2023-01-06T10:30:00+5:30
Crypto Market Slumps
The global digital asset market printed red indexes on Friday morning after registering a broad recovery for three consecutive days. The cumulative crypto market cap stands at $816 billion. The 24 hour trading volume has dropped by 15% to stand at $27.4 billion.
Disclaimer
The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
