Two Cryptocurrency Exchanges Officially Merged!

For a long time Tron (TRX) altcoin known to be under the direction of founder Justin Sun Huobi and again belonging to Sun cryptocurrency Exchange Poloniex has been merged.

According to Chinese media outlet Chain Catcher, Justin Sun’s two exchanges have officially merged.

Poloniex Exchange Joins Cryptocurrency Exchange Huobi

A Huobi employee’s letter covers assets, marketing and operations, product design, liquidity, customer service, compliance, etc. reveals that Poloniex departments such as

ChainCatcher said that the various departments of the cryptocurrency trading platform Poloniex, asset, marketing and operations, product design, liquidity, customer service, compliance, and other related matters, according to a letter released by a Huobi knowledgeable person and covering the entire staff. learned that it would be integrated into Huobi, including staff working in roles.

Sun became a member of the company’s Global Advisory Board in October, shortly after Hong Kong-based investment firm About Capital Management became a majority shareholder in Huobi, although Sun’s position as head of the stock market had not been previously confirmed.

Sun himself confirmed that he owns tens of millions of Huobi HT tokens.

Huobi has come under scrutiny over several issues recently, including the way it handled its nearly 1,600 job cuts in January.

However, the latest information shows that there are very sudden decreases in the price of Huobi Token (HT). HT price declined from $5 to $0.91, but at the time of this writing, it is trading at $3.22.

A drop in an HT token following the spread of this news, “is this news related to the language drop?” raised the question.

*Not investment advice.