Tagged: huobi

August 17, 2020 @ 8:55 pm By Omar Faridi  |  

Huobi Group, a major blockchain and digital assets service provider that operates cryptocurrency exchanges and related services, has revealed that it has launched Huobi DeFi Labs. According to a release, Huobi DeFi Labs will focus on research, investment, and incubation of decentralized finance projects. The… Read More

August 3, 2020 @ 2:50 pm By Samantha Hurst  |  

Blockchain company Huobi Group announced on Monday the establishment of Huobi DeFi Labs. According to Huobi, Huobi DeFi Labs is a platform for decentralize finance (DeFi) research, investment, and incubation/ecosystem building in DeFi space. The platform notably aims to build a “better” financial system in… Read More

August 3, 2020 @ 7:23 am By Omar Faridi  |  

The overall performance of the nascent cryptocurrency market during Q2 2020 was not as good as it was when compared to the previous quarter. According to Token Insight, the main reason for the relatively poor performance this past quarter may be attributed to very little… Read More

July 31, 2020 @ 3:01 pm By Samantha Hurst  |  

Huobi Institution announced on Friday the launch of a digital asset management platform and custody services for institutions. According to Huobi, the platform matches qualified institutional investors and high-net-worth individuals with fully-vetted quantitative trading teams in a secure and reliable environment managed by Huobi. “Huobi’s new… Read More

April 14, 2020 @ 10:44 pm By Omar Faridi  |  

Seychelles-based Huobi Group, a blockchain and digital assets firm, is introducing an on-chain analytics tool, called Star Atlas, for monitoring and identifying illicit cryptocurrency transfers. The exchange’s Star Atlas tool allows users to track on-chain crypto-asset transactions in real-time. With the launch of this new… Read More

March 31, 2020 @ 2:26 pm By Omar Faridi  |  

Huobi derivatives markets (DM), a trading platform that supports cryptocurrency futures and perpetual contracts, has introduced perpetual swaps, which are a new type of derivative product that allows users to better hedge risk and access leveraged arbitrage opportunities during volatile or unstable market conditions. As… Read More

March 19, 2020 @ 10:41 pm By Omar Faridi  |  

Huobi, a crypto firm with offices in Singapore, Hong Kong, Korea, Japan, and the US, announced that its digital asset derivatives exchange platform, Huobi DM, will introduce a “partial liquidation” feature that will help limit significant losses resulting from trading during extremely volatile market conditions…. Read More

February 11, 2020 @ 8:29 am By Samantha Hurst  |  

Klaytn, a blockchain project led by the South Korean Internet platform Kakao, announced on Tuesday cryptocurrency exchange Huobi is joining the Klaytn Governance Council. With Huobi onboard, the Klaytn Governance Council currently has 28 enterprises, which includes LG Electronics, Union Bank of the Philippines, and… Read More

January 16, 2020 @ 9:58 am By Omar Faridi  |  

Chainalysis, a leading blockchain analytics and cybersecurity firm, revealed on January 15, 2020 that it had managed to trace $2.8 billion in Bitcoin (BTC) being transferred to criminals via cryptocurrency exchanges in 2019, with the vast majority of these transactions going through Binance and Huobi,… Read More

December 9, 2019 @ 4:43 pm By Cali Haan  |  

HBUS, a compliant US-based crypto trading platform formed in partnership with popular China-based cryptocurrency exchange Huobi, has announced it is closing its doors. Huobi announced the plans in a tweet titled “HBUS Cease to Operate”: “We regret to inform you that HBUS will need to… Read More

December 5, 2019 @ 7:23 am By Cali Haan  |  

Huobi, one of a few cryptocurrency and online lending businesses in China to have survived a recent “rectification” spree, will be hosting an International Cooperation Forum on Digital Economy and Blockchain on the island of Hainan December 5th and 6th. The “state-sanctioned event,” says Huobi,… Read More

October 29, 2019 @ 7:08 am By Omar Faridi  |  

Singapore-based crypto exchange Huobi’s Japan division has reportedly received nearly 500 million yen (appr. $4.6 million) in funding from a major Tokyo-listed firm focused on several areas including leasing, real estate, insurance brokerage and mergers and acquisitions (M&A). As noted in Huobi’s press release, the… Read More

September 12, 2019 @ 11:04 pm By Omar Faridi  |  

Digital asset exchange Huobi appears to be pursuing a reverse initial public offering (IPO), according to a document shared with the Hong Kong Stock Exchange (HKEX). Hong Kong-listed electronics firm Pantronics Holdings Limited, which was acquired by Huobi in August 2018, will be changing its… Read More

September 5, 2019 @ 8:03 am By JD Alois  |  

Huobi, an Asia based digital asset trading and management platform, has signed a Memorandum of Understanding (MoU) with the University of Gibraltar. According to a release, Huobi University has signed an MoU with Albert Isola MP, Gibraltar’s Minister for Commerce. A document was formally exchanged… Read More

August 1, 2019 @ 2:52 am By Cali Haan  |  

An unnamed OTC trading desk in Moscow is selling up to $30 million USD in “tethers” per day to Chinese merchants sending proceeds home, Coindesk reports. Until 2018, the favoured currency for this type of transacting was reportedly Bitcoin, but Chinese merchants have lately started dumping… Read More

July 31, 2019 @ 12:27 pm By JD Alois  |  

Huobi, a crypto exchange and digital asset ecosystem, has partnered with Global Digital Finance (GDF) to help establish best practices and standards for the emerging digital asset marketplace. GDF launched in the UK in 2018 and claims a good number of digital asset focused members…. Read More

July 25, 2019 @ 11:13 am By JD Alois  |  

Thailand’s Ministry of Finance has granted Huobi a digital asset trading license. This will be the 5th such license approved in Thailand. The license allows Huobi to trade in tokens and fiat. In May of 2018, Thailand announced that only compliant and approved platforms could… Read More

April 23, 2019 @ 12:15 pm By Cali Haan  |  

The Japanese agency responsible for overseeing the country’s banking, insurance and securities sectors conducted flash on-site inspections last week at local offices of the Huobi cryptocurrency exchange and at the FISCO Virtual Currency Exchange (formerly Zaif), Reuters Japan reports. Regulators from the Financial Services Agency… Read More

February 28, 2019 @ 2:07 am By Cali Haan  |  

Citing, “poor market conditions” and “recent staff redundancies” at Huobi -and eight months after opening the office- the Huobi “cryptocurrency financial services group” has announced on Huobi Australia’s Twitter account that it will be closing all departments at Huobi Australia. Huobi is a top ten cryptocurrency trading… Read More

February 27, 2019 @ 11:03 am By JD Alois  |  

Huobi Global is now offering deposit and withdrawal service for Tether (USDT) in both its Omni Protocol and ERC20 token form. Prior to today, Huobi only offered USDT linked to Bitcoin’s Omni layer. Bitcoin-based USDT and Ethereum-based USDT are considered two separate cryptocurrencies which run on different… Read More