Huobi Unable to Withdraw $13.2M in Customer Funds From FTX

Huobi subsidiary Hbit has revealed that it has $18.1 million on FTX, which it cannot recover. $13.2 million were customer funds, which it will cover through an unsecured loan of up to $14 million. Huo...

Revolving Games Raises a $13.2M Seed Round to Build AAA-level Web3 Games

Mobile free-to-play developer Revolving Games, which has raised $13.2 million in seed funding, plans to double down on Web3 gaming. The seed round was led by Pantera Capital, with participation from c...