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Tron’s price has been quite volatile on FTX. Long wicks extending above candlesticks on the short time frame charts have been registered by the altcoin, indicating that buyers have been trying to push up the price. However, most of their attempts seem to be futile, for Tron has dropped by more than 47% since 21:00 UTC. In the same time period, TRX was down by only 3.2% on Binance. Around that time, the asset created a local high of $0.44 on FTX [right]. However, on other exchanges, Tron was trading with an extra zero of around $0.05830 [left]. Resultantly, the premium stood at 654.717%. At press time, the 15th-ranked crypto was priced at $0.232 on FTX, while it was trading at $0.056 on Binance, the world’s largest exchange. Source: TradingView The number of transactions executed on Tron, nonetheless, remain to be flat, indicating that the majority of market participants are currently exercising caution by not overindulging in the blockchain. Source: tronscan.io ...

In the early morning of October 8th, Huobi announced that the controlling shareholder company has transferred all the shares of HuobiGlobal held by the fund of About Capital Management. But WuBlockchain learned from multiple sources that Justin Sun is actually the core investor of this M&A fund. Justin Sun himself was at the delivery site in Singapore on October 8. At present, Justin Sun is vigorously recruiting, and some departments of Huobi are also taking over. The price is about $1 billion. Justin Sun responded to WuBlockchain that he "didn't participate". But then Justin Sun’s official social media announced that he has become a global advisor to Huobi. The advisors include Chen Yihua, founder of About Capital, Du Jun, Justin Sun, Vice President of Hong Kong University of Science and Technology Wang Yang, and Valkyrle Leah​ Wald. Currently, Huobi Japan and Huobi Korea are coordinating cutting and selling. Li Lin will still be responsible for the completion of the...