The Impact of Huobi on Bitcoin
What impact does Huobi have on Bitcoin? According to Coindesk, Huobi has been af
What impact does Huobi have on Bitcoin? According to Coindesk, Huobi has been affected by what? It has been reported that over 200,000 BTC were stolen in the past week. The wallet address held assets worth up to $150 million.
According to coinmarketcap data, approximately $4 million has already flowed in. Most of the theft incidents come from Bitfinex and Poloniex, which rely heavily on Huobi for custody trading to obtain liquidity. Since Huobi does not support any third-party cryptocurrencies, users are unable to transfer their digital assets from the platform to their own personal wallets.
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