One of the most famous cryptocurrency exchanges in the world, Huobi, has announced that it would completely delist seven privacy coins due to regulatory pressure. These seven coins are Dash (DSH), Firo (FIRO), Verge (XVG), Horizen (ZEN), Zcash (ZEC), Monero (XMR), and Decred (DCR). All deposits for the mentioned coins will be stopped on September 12, and they will also be completely delisted on September 19. This news has shocked the crypto community, and they believe privacy-related coins will be targeted even more in the future.

The foundation behind Algorand cryptocurrency, The Algorand Foundation, has claimed that they have a $35 million USDC hole in its balance sheet due to its exposure to a troubled cryptocurrency lending firm, Hodlnaut. Previously, Hodlnaut has paused all withdrawals since August 8 due to its liquidity issues. The Algorand Foundation now pursues legal remedies in its attempt to recover its $35 million USDC worth of assets.

GCR rose to popularity after he shorted Terra Luna before its crash a few months ago. After Terra Luna’s project crashed, The Terra Foundation decided to create a new Terra 2.0 project. The original Terra was then called Terra Classic or LUNC. Now, the trader GCR has decided to short Terra Classic (LUNC) once again with an $8 million position size.

Previously, Indian authorities have decided to freeze the bank accounts of WazirX, one of the biggest cryptocurrency exchanges in India. However, after WazirX decided to cooperate with the Indian authorities for an anti-money-laundering investigation, the authorities then decided to unfreeze WazirX’s bank accounts. It’s claimed that WazirX now can access its $8.1 million worth of funds in its bank accounts.