HTX turns off proof-of-reserves as TUSD struggles to hold its peg

Crypto exchange HTX, previously known as Huobi, has suddenly turned off its proof-of-reserves system today, according to Adam Cochran, Managing Partner at Cinneamhain Ventures. This concerning development comes at the same time as TrueUSD (TUSD), which is believed to be owned by HTX stakeholder Justin Sun, has failed to maintain its $1 peg for over two... source: https://cryptobriefing.com/htx-turns-off-proof-reserves-tusd-struggles-hold-peg/?utm_source=cryptopanic&utm_medium=rss