Justin Sun


Markets

Justin Sun Completes $100M USDC Transfer to Create Huobi Liquidity Fund

The fund was created in response to a rapid drop and then rebound of the HT token.

Justin Sun (CoinDesk)

Policy

Justin Sun Says Hong Kong’s New Licensing Regime Could Shift Policy in Mainland China, Eventually

In the interim, if granted a VASP license, the Tron founder says Houbi will launch a new exchange, Huobi Hong Kong, to comply with regulators.

(DALL-E/CoinDesk)

Videos

Justin Sun: Hong Kong Has Become One of the Most Important Web3 Hubs

Huobi is planning to apply for a crypto exchange license in Hong Kong called the "Virtual Asset Service Provider license," as the city warms up to crypto. Huobi Global Advisor and TRON Founder, Huobi Global Advisor, and Ambassador of Grenada to the WTO Justin Sun shares his outlook, saying "Hong Kong is very bullish [and] the most important driving force is from mainland China."

Recent Videos

Videos

Justin Sun: 'Confident' Huobi Will Secure Virtual Asset Service Provider License in Hong Kong

Huobi is gearing up to apply for a crypto exchange license in Hong Kong called the "Virtual Asset Service Provider license," as the city warms up to crypto. Justin Sun, founder of TRON, Huobi Global Advisor, and Ambassador of Grenada to the WTO, discusses the move, the state of crypto in Hong Kong, and the possible implications for retail investors in China. Plus, his thoughts on Binance, ETH staking, and the state of U.S. crypto regulation.

Recent Videos

Tech

Lido Community Conducting Snapshot of V2 Upgrade Design Approval

Lido is gearing up for Ethereum’s upcoming Shanghai upgrade.

(DALL-E/CoinDesk)

Videos

Crypto Exchange Huobi Confirms Justin Sun as Leader

Singapore-based exchange Huobi confirmed Thursday that Tron founder Justin Sun is not just a member of the Global Advisory Board, but is leading the exchange. The exchange also addressed concerns of so-called rat trading. "The Hash" panel discusses what this means for Huobi amid lingering crypto winter concerns.

Recent Videos

Finance

Huobi, Confirming Justin Sun as Leader, Takes Aim at 'Rat Trading'

The exchange addressed why it has frozen some accounts in the past.

Justin Sun, who is now leading Huobi. (Steven Ferdman/Getty Images)

Videos

Huobi Reportedly Sees Over $60M Token Outflows in a Day

Huobi has experienced outflows of $64 million in the past 24 hours, according to Nansen. It comes after the crypto exchange confirmed a 20% headcount reduction. Tron founder Justin Sun, who sits on Huobi's advisory board, sent $100 million to the exchange, while Tron's price tumbled on the news. "The Hash" panel discusses the latest in a string of centralized exchanges hit by the collapse of FTX.

CoinDesk placeholder image

Markets

Crypto Exchange Huobi Sees $60M Token Outflows in a Day: Nansen

On-chain data shows more than $100 million in tokens left the exchange this week, most of them in the past 24 hours, while stablecoin reserves have dropped 9.5% in a week

(Shutterstock)

Markets

Tron's Price Sinks 8%, USDD Depegs Amid Drama at Justin Sun-Related Huobi Crypto Exchange

Community sentiment soured around Huobi, which has Tron founder Sun as an adviser, after it said it will lay off hundreds of staff in coming weeks.

Cartel del fundador de Tron, Justin Sun. (Danny Nelson/CoinDesk)