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Techub News reports, according to The Block, the UK Financial Conduct Authority (FCA) has initiated legal proceedings against cryptocurrency exchange HTX, alleging that it has persistently promoted crypto asset services illegally to UK consumers, in violation of financial promotion rules. The FCA stated that HTX disseminated unauthorized financial promotion content through its official website and social media platforms such as TikTok, X, Facebook, Instagram, and YouTube. Despite prior warnings, HTX continued to post in violation of the rules. The FCA pointed out that HTX's corporate structure is opaque and that multiple attempts to contact the company have gone unanswered. Currently, HTX has restricted new user registrations, but the FCA emphasized that existing UK users can still access the illegal promotional content, and this restriction is not permanent. The FCA has requested social media platforms to block HTX accounts for UK users and has asked the Apple and Google app stores to remove the HTX application in the UK. HTX has now been added to the FCA's warning list.
Techub News reports, according to Ai Yi monitoring, Sun Yuchen deposited 300 million JUST tokens (JST) into HTX last night, valued at approximately $22.8 million.
Techub News reports, according to monitoring by X user Yu Jin, 5 hours ago, 5 wallets associated with Sun Yuchen withdrew a total of 2.6 million LIT (worth approximately $4.07 million) from Lighter and then transferred them to HTX.
Techub News reports that at the Global Web3 Dev Con, hosted by Web3Labs and co-hosted by TRON, Pharos, and Techub News, HTX DAO ambassador Molly stated that the project has abandoned the "People's Exchange" slogan, shifting from decentralized dogmatism to following objective development laws. HTX DAO has successfully avoided emotional governance traps such as "burning 99% of tokens" and "removing the founder," establishing a transparent mechanism for burning 50% of platform revenue. Currently, the platform's user base has grown from 40,000 to 830,000, with asset holdings increasing 3–5 times in 2024, and its business covers 160 countries worldwide. In 2026, HTX DAO will focus on open on-chain governance, establishing a dedicated AI organization, and improving the ambassador system, aiming to build a sustainable, replicable, textbook-level Web3 ecosystem through rational "governance principles."
Techub News reports that HTX DAO has become the Gold Sponsor of the "Global Web3 Developers Conference 2026". Supported by the HTX exchange and the TRON ecosystem, HTX DAO uses $HTX as its core governance credential to build a CeFi + DeFi integrated hub. Upholding the principles of "Co-construction, Co-governance, and Co-sharing", it aims to promote the development of an open crypto free financial ecosystem. Hosted by Web3 Labs and co-hosted by Techub News, this conference is positioned as one of the largest official side events during Consensus Hong Kong 2026. Leveraging Hong Kong's "One Country, Two Systems" institutional advantages and Cyberport's positioning as a Web3 hub, the conference is dedicated to incubating Asia's next breakthrough blockchain project. Register now: https://luma.com/spz5c884 Official website: www.gwdc.net
Techub News reported that the Q4 2025 HTX burn was completed on January 14th. This round destroyed a total of 13,616,371,495,327.31 HTX tokens, valued at over $23.31 million. To date, HTX DAO has cumulatively burned approximately 99.49 trillion HTX tokens, nearing 10% of the total issuance, with a cumulative value of around $186 million.
Techub News: According to monitoring by Ai Yi, the 40.71 million Tron previously purchased by WLFI has been deposited into HTX in batches over the past 10 hours, with its purpose unknown. WLFI bought 40.17 million TRX at an average price of 0.2415 USDT about 10 months ago, worth approximately $9.85 million. On November 24, its WLFI Strategic Reserve first conducted a small test transfer of 147 Tron to the address starting with 0x6A2, followed by this large transfer.
Techub News, according to Nansen monitoring, an address labeled as Justin Sun withdrew 50 million USDT from HTX about 5 minutes ago.
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