One of the biggest cryptocurrency exchanges, Huobi, experienced massive outflows of $64 million over the weekend, impacting its overall value over the long term. DeFiLlama data shows that in just one month, the exchange’s TVL decreased from $3 billion to $2.5 billion. This is a severe setback to Huobi, which has been struggling to maintain its Chinese market share while dealing with regulatory issues in China. And for fear of losing their funds in case of insolvency, many cryptocurrency investors are shifting their funds to other platforms. Is Huobi insolvent? Huobi has been in the headlines following rumours about ... (full story)