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Binance's Market Dominance Challenged as OKX and Upbit Gain Ground
Huobi

Binance's Market Dominance Challenged as OKX and Upbit Gain Ground

The 2023 CEX Market Report shows Binance's dominance diminishing as OKX and Upbit gain market share. Factors like on-chain data, user growth, and social media presence contribute to the evolving CEX landscape.

60k BTC and 60k ETH on Justin Sun's Tron Seem Unbacked
Huobi

60k BTC and 60k ETH on Justin Sun's Tron Seem Unbacked

Crypto analyst ErgoBTC suggests 60k TRC20 BTC and 60k TRC20 ETH tokens on Justin Sun's Tron network, currently in JustLend protocol, appear unbacked, implying a $1.8B non-existent TVL.

New Huo Tech Reports Explosive Revenue Growth Amidst Increased Losses
Huobi

New Huo Tech Reports Explosive Revenue Growth Amidst Increased Losses

New Huo Tech, a Hong Kong-listed tech company, recently reported its mid-year financial performance for the period ending on March 31, 2023.

Regulatory Pressure and Operational Challenges: Huobi Faces Penalties, Hotbit Suspends Operations
Huobi

Regulatory Pressure and Operational Challenges: Huobi Faces Penalties, Hotbit Suspends Operations

In an unexpected turn of events in the crypto industry, two cryptocurrency exchanges - Huobi Global and Hotbit - face substantial roadblocks.

Cryptocurrency exchange Huobi Global is seeking a license in Hong Kong
Huobi

Cryptocurrency exchange Huobi Global is seeking a license in Hong Kong

Singapore-based cryptocurrency exchange Huobi is considering expanding into Hong Kong, where regulatory changes are underway.

Huobi to Discontinue Cloud Wallet Service in May 2023
Huobi

Huobi to Discontinue Cloud Wallet Service in May 2023

Huobi Cloud Wallet will be shut off in May 2023 once Feb. 13 upgrades and maintenance end.

Huobi And Solaris Offer EU Crypto-To-Fiat Debit Cards
Huobi

Huobi And Solaris Offer EU Crypto-To-Fiat Debit Cards

Huobi, a cryptocurrency exchange, launched a crypto-to-fiat debit card cooperation with Solaris, a European financial services company. Huobi users may utilize their digital assets internationally at the point of sale through Visa's program. In the second quarter of 2023, European Economic Area (EEA) users will get the card.

Huobi is Looking to Move HQ from Seychelles to the Caribbean
Huobi

Huobi is Looking to Move HQ from Seychelles to the Caribbean

Huobi Exchange may be joining other platforms that have relocated their headquarters to the Caribbean Islands

Huobi To Be Acquired by Hong Kong-Based VC Firm About Capital
Huobi

Huobi To Be Acquired by Hong Kong-Based VC Firm About Capital

Huobi is being acquired by About Capital, an investment company headquartered in Hong Kong. The deal, announced Friday, should close in the next few days. The firms did not disclose the financial terms.

S. Korean Regulators Oppose Busan's Regulatory Measures for Foreign Crypto Exchanges
Huobi

S. Korean Regulators Oppose Busan's Regulatory Measures for Foreign Crypto Exchanges

South Korean financial authorities expressed their opposite stance against Busan City to provide special regulatory support for partners to establish digital asset exchanges.

Huobi Partners with AstroPay to Provide Fiat-to-Crypto Payment Services in Latin America
Huobi

Huobi Partners with AstroPay to Provide Fiat-to-Crypto Payment Services in Latin America

Huobi Global has partnered with AstroPay to provide fiat-to-crypto payment services for cryptocurrency exchange users in Latin America.

Huobi to Delist Monero and Privacy Tokens on Regulatory Account
Huobi

Huobi to Delist Monero and Privacy Tokens on Regulatory Account

Huobi Global has unveiled its plans to delist privacy tokens, counting Monero (XMR), Dash (DSH), Decred (DCR), Firo (FIRO), Verge (XVG), Zcash (ZEC) and Horizen (ZEN) as the digital assets that will be affected.

FTX CEO Says Crypto Winter Bailout had 'Mixed' Results
Huobi

FTX CEO Says Crypto Winter Bailout had 'Mixed' Results

Sam Bankman-Fried, the Chief Executive Officer of FTX Derivatives Exchange, has shared his hopes about the company’s bouts of investment in distressed crypto firms

Sam Bankman-Fried Denies FTX Has Plans to Purchase Stake in Huobi
Huobi

Sam Bankman-Fried Denies FTX Has Plans to Purchase Stake in Huobi

Sam Bankman-Fried is a well-known figure in the digital currency ecosystem, and while his personality gained popularity as a proficient crypto trader, his investment prowess is now largely standing out.

Huobi To Restrict Derivatives Trading for New Zealand Users
Huobi

Huobi To Restrict Derivatives Trading for New Zealand Users

Huobi has made an official announcement that it will impose restrictions on derivatives products for users in New Zealand.