About 6 months ago, we noted some odd behaviours around Huobi's HUSD stablecoin and its relationship with stablecoin service provider Paxos. With recent upheaval at Huobi in the news, and fresh questions about how Binance's Binance-Peg mechanism really works, it is worth digging into Huobi's equivalent: Heco-Peg assets on Huobi Eco Chain.
The Inside Story of Huobi's Heco-Peg Tokens
With recent upheaval at Huobi in the news, and fresh questions about how Binance's Binance-Peg mechanism really works, it is worth digging into Huobi's equivalent: Heco-Peg assets on Huobi Eco Chain.
Related
BRN Survey Reveals Retail Crypto Sentiment in Singapore: Cautious Interest, Limited Action
BRN’s survey of 1,000 Singapore investors shows high crypto interest but low action, with security, volatility & knowledge gaps as key barriers
Meme Coins Get SEC Pass, But at What Cost to Crypto’s Reputation?
Meme coins have evolved from internet jokes to billion-dollar scandals. While insiders reap the profits, everyday investors bear the losses. Now, the SEC has declared they do not qualify as securities—an official stance that removes regulatory oversight but raises deeper questions.
Bybit Suffers Historic $1.5 Billion Crypto Heist, Shaking Market Confidence
This incident is one of the largest digital heists to date.
Coinbase Posts 130% Revenue Surge, Cites Trump for "Unprecedented" Opportunities
Coinbase's Q4 revenue soared 130% to $2.27B, fueled by Bitcoin ETFs and pro-crypto policies from the Trump administration
Latest
Is Trump Right in Endorsing Cryptos?
Trump's crypto embrace sparks debate on ethics, conflicts of interest, and financial risks
Tornado Cash Addresses Removed From Sanction List, Developer Remains on Blacklist
The U.S. Treasury Department has lifted sanctions on cryptocurrency mixer Tornado Cash, a move celebrated by privacy advocates but shadowed by ongoing concerns about North Korean cybercrime, which led to the continued blacklisting of one of the platform's founders.
Top Crypto Stories This Week: From a Solana Birthday Surprise to a Pudgy Penguins ETF Surprise
Solana's 5th birthday saw muted celebrations as its price and revenue plunged. Meanwhile, Pudgy Penguins fans cheered a surprise ETF filing
Pump.fun Launches Native DEX "PumpSwap," Aiming to Revitalize Memecoin Trading
This strategic move comes as the platform has reportedly experienced a significant decline in revenue, with fees decreasing by an estimated 60% in the past 30 days.