Tagged: huobi

Japan Regulator Conducts Flash Inspections at Huobi and Zaif/Fisco Crypto Trading Facilities

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

Huobi Crypto Trading Platform Closes Australian Office

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

Huobi Now Offers Tether ERC20 Deposits & Withdrawal

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

Back Door to Legitimacy or Exit Move? Crypto Businesses Using Shortcuts to IPOs

According to Reuters, crypto-exchange software maker ANX International purchased a controlling stake in Hong Kong-listed marketing firm Branding China last year, and said that the company’s new status as a publicly-traded company granted clients, “additional confidence in knowing we are a credible company and here… Read More

Huobi Derivative Market Adds Litecoin to Trading Options

As expected, Huobi Derivative Market (Huobi DM)  has added Litecoin (LTC) to their crypto asset contract service. Traders will now be able to go long or short the crypto. Ripple is next on their list. Huobi is making a big push to become the largest… Read More

To Boost Trader Interest, Huobi Drops Fees for Institutions and High Volume Crypto Traders

Huobi Global has dropped their fees “in order to better serve the needs of institutional and professional traders.” As of yesterday, transaction fees are as low as 0.015% for “makers” and 0.025% for “takers” for very high volume transactions. Before the drop in fees, all… Read More

Huobi Derivative Market Reports Volume Surpassing $20 Billion

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Huobi Derivative Market (Huobi DM) reports that trading volume recently surpassed USD $20 billion. Huobi DM says that trading volume topped $10 billion during the first full month of operations. The company notes that trading growth comes at a time of slowing crypto activity. Huobi… Read More

Huobi Seeks to Challenge Entrenched US Digital Asset Marketplaces with HBUS Rebranding but No Plans for Security Tokens Now

US Marketplace HBUS Rebrands to Huobi Matching Asian Platform HBUS, the US strategic partner of digital asset platform Huobi Group, has rebranded its retail trading marketplace to Huobi thus matching the Asian platform. The flagship operation Huobi Global will continue to operate under the same… Read More

Huobi DM Says Trading Volume Topped $12 Billion in First Full Month

Huobi DM, Huobi Group’s new cryptocurrency contract trading service, is reporting cumulative trading volume topping $12 billion in its first full month of operation. According to Huobi, their contract trading service enables users to take long and short positions on Bitcoin (BTC), Ethereum (ETH), and EOS (EOS),… Read More

Crypto Mining Giant Bitmain and Crypto Exchange Huobi Confirm Layoffs

Bitmain, the world’s largest manufacturer of cryptocurrency mining hardware and largest operator of crypto mining pools, and Huobi, the world’s third-largest cryptocurrency exchange, have both confirmed rumours they will be laying off employees, South China Morning Post (SCMP) reports. The value of global crypto markets has declined by… Read More

Evolution: HBUS Digital Currency Exchange Kicks Off Ironic Outdoor Advertising Campaign

HBUS, the digital currency exchange that is a sister company to Huobi – one of the largest crypto exchanges in the world, has launched an interesting promotional campaign that strives to highlight the fast-evolving securities markets with a jab towards Coinbase. As part of the campaign, HBUS… Read More

Huobi Crypto Exchange Lays Off Workers at Brazil Shop

The world’s 3rd largest cryptocurrency exchange by trading volume, Huobi, has laid off 6 of 10 workers at its location in Brazil, Portal do Bitcoin reports. The layoffs, though not the exact number, were confirmed by Huobi’s local CEO in Brazil, Frank Tao. Huobi, which… Read More

Huobi Partner HBUS Adds former VC from Draper Athena as VP of Corporate Development

HBUS , the strategic partner of crypto platform Huobi, has announced Jay Ryu as VP of Corporate Development. Prior to joining HBUS, Ryu was Venture Capital Director at Draper Athena, where he led tech investments while working closely with portfolio companies on operational and strategic initiatives. Huobi… Read More

Crypto Entrepreneurs Mount China’s Rich List

Fourteen cryptocurrency million- and billionaires have made their way onto a list of China’s richest individuals for the first time, says Bitcoin.com. Perhaps predictably, at the very top of “The 2018 Lexus Lexus Huron Rich List,” in spots one to three, appear the entrepreneurs behind… Read More

Huobi Teams Up With NTUC Learning Hub To Bring Blockchain Education To Singapore

Huobi Group, a digital asset marketplace, announced on Friday it has entered an official partnership with the National Trading Union Congress Learning Hub (NTUC) to introduce a series of new courses on blockchain for cryptocurrency enthusiasts and fintech professionals. According to Huobi, the courses will include… Read More

Exchange Rankings Shake Up: Researchers Say Two-Thirds of Crypto Trade Volume is Fake

Two-thirds of all trade volume in crypto- or $6 billion dollars per day- is faked, say researchers at the Blockchain Transparency Institute (BIT), and many of the world’s “top” crypto exchanges aren’t even coming close. The researchers made their conclusions after comparing the order books… Read More

Huobi Streamlines Listing Process with Automation Service

Huobi Group has launched a new services that is said to provide a more transparent listing process to issuers. The Huobi Automated Listing Platform is not 100% automated as their are checks in place but the feature is designed to streamline the digital asset listing… Read More

Digital Asset Marketplace Huobi Announces Multiple Independent Crypto Exchanges via Four Partnerships

Huobi Group, one of the largest crypto exchanges, has hooked up with corporate partners to aid in launching four independent exchanges. By leveraging Huobi Cloud, these partners are expected to set up exchanges in Canada, Indonesia, the Philippines and Russia. These marketplaces are said to… Read More

Crypto Exchange Huobi Announces Strategic Partnership & Investment With OpenFinance Network

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Singapore-based blockchain asset financial service provider and crypto exchange Huobi announced on Wednesday it has entered into a strategic partnership and invested in U.S.-compliant security token trading platform, OpenFinance Network. According to Huobi, the new partnership will introduce both platforms to new markets and allow collaboration… Read More

HBUS Cryptocurrency Marketplace Partners with IdentityMind Global on AML

HBUS, a cryptocurrency marketplace that has partnered with Huobi, has chosen IdentityMind Global, to provide anti-money laundering (AML) compliance for digital currency trading platform. HBUS only launched this week providing crypto trading to US residents (minus a few states). HBUS said it is dedicated to… Read More

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