The Earthshot Prize 2022 is a global prize designed to incentivize change and help to repair our planet by awarding five winners each year for their contributions to environmentalism. This year’s Innovation Summit featured finalists selected by the Earthshot council in addition to panelist speakers from heads of state, grassroots organizations and tech leaders. This special Bloomberg program highlights the event’s biggest interviews and news makers.
Bloomberg Best features the best stories of the day from Bloomberg Radio, Bloomberg Television, and 120 countries around the world.
Series focused young entrepreneurs making their mark
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Justin Sun
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Digital-asset entrepreneur Justin Sun transferred about $100 million worth of stablecoins to his crypto exchange Huobi Global, which has been hit by a wave of withdrawals.
An Ethereum wallet associated with Sun withdrew $50 million of Tether’s USDT and $50 million of Circle Financial’s USDC from the Binance exchange on Friday, and roughly three hours later sent the tokens to Huobi, according to blockchain research firm Nansen. Stablecoins are tokens pegged to an asset like the US dollar, and commonly used to transfer money onto and off exchanges. 

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