Huobi Token Flash Crashes as Crypto Markets Dump $70 Billion
Huobi Token briefly tanked below $0.40. HT managed to recover, but is still down 20% on the day.

Huobi Token briefly tanked below $0.40. HT managed to recover, but is still down 20% on the day.
ETH's price has struggled, declining by 9% over the last 30 days.
On-chain crypto researcher ZachXBT alleged that influencer Lark Davis engaged in shilling tokens.
The upcoming ETH Merge upgrade is projected to potentially trigger a rally in the value of the cryptocurrency since it will improve the blockchain after the Proof-of-Stake (PoS) switch.
Serhii Zhdanov called for broader regulation in offshore crypto exchanges that do not go through financial audits.
Self-organized teams that support crypto scams on Discord or Telegram are not illegal in the crypto market except in regulated exchanges.
Pump-and-dump in crypto is an orchestrated fraud that involves misleading investors into purchasing artificially inflated tokens — typically marketed and hyped by paying celebrities and social influencers.
Two conspiracy theorist influencers have caused a lot of investors to lose crypto funds in a pump-and-dump scheme. They presented ...
In a message to the ASX Pump Organization on Telegram, ASIC said: "Joint pumping up shares is illegal. We can see all trades and use trader identities."