Tagged: huobi

BitMEX Traded $72.5 Billion in Crypto Derivatives in August 2020, while Huobi Led with $208.5 Billion: Report

Cryptocurrency spot volumes surged during August 2020, with the top tier exchanges dominating the volatile digital asset markets, according to a report from the Bitcoin Mercantile Exchange (BitMEX). The leading digital currency derivatives trading platform noted that in August 2020, the trading volumes on top-tier… Read More

Digital Asset Exchange Huobi to Launch Decentralized Finance Mining Campaign

Huobi Global, a leading digital asset company, will be launching a decentralized finance (DeFi) mining campaign with Phase I, which will involve staking Huobi Token (HT) and the Huobi Pool Token (HPT). Huobi noted that users may stake tokens so that they can share mining… Read More

Binance Coin (BNB) and OKEx’s (OKB) Exchange Tokens are Undervalued, while KuCoin (KSC) and Bitfinex (LEO) are Overvalued: Report

The Token Insight team notes that in the crypto-asset sector, it’s always challenging to accurately provide realistic valuations for digital assets. At present, there’s no consistent or uniform industry-standard or reliable valuation method that would allow us to discover the real value of cryptocurrencies, the… Read More

Little “Evidence” of Manipulative Practices on Crypto Exchanges Bitfinex, Kraken, but Huobi, OKEx showed “Overwhelming” Signs of Such Activities: Report

The Blockchain Research Lab published a report on August 20, 2020, in which it noted that previous studies have alleged or found that cryptocurrency exchanges use wash trading to “falsely signal their liquidity.” The team at Blockchain Research Lab said they had monitored twelve digital… Read More

Major Digital Asset and Blockchain Firm Huobi Launches its Own Decentralized Finance or DeFi Labs

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

Huobi Announces Establishment of Huobi DeFi Labs

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

Compliant Cryptocurrency Derivatives Exchanges Accounted for Only 1% of the Trading Volume of the Sector During Q2 2020 with $21.62 Billion in Reported Volume

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

Huobi Institution Launches Digital Asset Management Platform & Custody Services for Institutions

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

Singapore-based Huobi Group Introduces Blockchain Analytics Tools for Identifying Illicit Cryptocurrency Transactions

Singapore-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

Huobi Derivatives Markets Introduces Crypto-based Perpetual Swaps to Help Investors Hedge Against Risk and Access Arbitrage Opportunities

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

Digital Assets Derivatives Exchange Huobi Introduces “Partial Liquidation” Feature to Limit Huge Losses During Extreme Crypto Market Price Fluctuations

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

Klaytn Names Huobi New Blockchain Governance Council Member

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

Chainalysis: Binance, Huobi, other Major Exchanges Used to Transfer $2.8 Billion in Bitcoin to Criminals in 2019

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

Huobi Cryptocurrency Exchange’s US Partner Platform Shutting Down

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

Huobi Crypto Exchange Hosting China Government-Sanctioned Blockchain Event

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

Huobi Japan Receives $4.6 Million Investment from Tokyo’s Financial Products Group

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

Cryptocurrency Exchange Huobi Plans to Acquire Public Hong Kong Firm in $77 Million Deal

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

Huobi Plans Collaboration on Blockchain with University of Gibraltar

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

Report: Tether Has Supplanted Bitcoin for Russia-China Commercial Remittances

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

Crypto Marketplace Huobi Partners with Global Digital Finance to Establish Digital Asset Standards & Best Practices

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

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