Leon Li, the cofounder of Huobi Global, holds more than half of the shares in Huobi Korea. Huobi Global recently announced plans to commence a 20% layoff in a bid to cut down on costs. Research firm Nansen revealed that Justin Sun recently transferred $100 million worth of stablecoins from crypto exchange Binance to Huobi. … Read more
Gridless, a bitcoin mining company operating from Kenya, recently raised $2 million in seed investment from Block, a digital payments company owned by Twitter founder Jack Dorsey, and Stillmark. The bitcoin mining firm is reportedly planning to use the capital raised to fund its expansion into other African countries. Using Revenue Generated From BTC Sales … Read more
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