We found HTX’s reserves at Poloniex
HTX recently moved huge portions of its reserves to an undisclosed third-party. We’ve tracked funds out of HTX wallets into Poloniex.
HTX recently moved huge portions of its reserves to an undisclosed third-party. We’ve tracked funds out of HTX wallets into Poloniex.
We calculated the present value of STRC and compared it to various metrics that reveal the difficult math behind BTC yield.
Justin Sun-owned HTX’s reserves are troubling, with most stablecoins being lent out and most of the BTC in an opaque tokenized variant.
Tether, the world’s largest stablecoin, has family members in top leadership positions and in partner firms.
Tether isn’t just the world’s largest stablecoin; it’s a massive investment firm with investments across countless verticals.