Tagged: huobi

Free-to-Play-to-Earn Model Might Take Blockchain Games Mainstream, Huobi Research Institute Claims

The launch of Grit, the “first-ever” blockchain game from the partnership between Epic Games and Gala Games, is seen as a “watershed” event for the mass onboarding of gamers from Web2 to Web3, according to an update from Huobi. However, blockchain games have “not reached… Read More

How Low Will It Go? Bitcoin Sinks Further as it Breaches $20K

Bitcoin, along with the broader crypto market, continues to sink lower having finally breached the $20,000 mark  – now trading at around $18,500. It was just last November that Bitcoin was hitting new all-time highs of around $68,000. Bitcoin last traded under $20K back at… Read More

Huobi Gains Regulatory Approval in New Zealand, Dubai

Huobi Group, an operator of a crypto exchange, says it has received regulatory approval in two new jurisdictions: Dubai and New Zealand. In Dubai, Huobi obtained a DIFC Innovation License. In New Zealand, Huobi has been added to the Financial Services Provider Register. Huobi said these… Read More

Stablecoin Report Explains How Confidence in Algorithmic Stablecoins Could be Restored

Algorithmic stablecoins became the “focal point” of the crypto industry in May, following the depegging of UST from the US dollar “which triggered the LUNA bloodbath,” the team at Huobi notes. The report from Huobi pointed out that this had “a knock-on effect on other… Read More

Huobi Global Invests in Cube As Part of Web 3.0 Strategy

Huobi Global, a cryptocurrency exchange and blockchain solutions provider, recently announced its investment in Cube, a public chain that “provides innovative infrastructure for Web 3.0 and the metaverse.” The launch underscores Huobi Global’s strategy “to expand its Web 3.0 ecosystem.” Cube (formerly Cube Chain) is… Read More

Ivy Blocks: Huobi Launches Investment Subsidiary to Fund Blockchain Firms

Huobi Global has announced the creation of Ivy Blocks, a subsidiary that will invest in early-stage blockchain ventures in the DeFi and Web3 space. Huobi said in a corporate statement that its “multi-billion dollar war chest” will allow Ivy Blocks to gain access to unique… Read More

Web3 Computing has Significant Growth Potential, Could Capture Web2 Computing Market Share: Report

While the adoption of Web2 computing technologies has gained traction in the consumer and enterprise segments, security breaches and privacy concerns “continue to mar this space,” according to an update from Huobi. Web3 computing, with its inherent ability to alleviate such issues, “will likely see… Read More

Growth of L2 Blockchain, Crypto Tech Shows Potential to Compete with L1s: Huobi Research

With major exchanges listing OP tokens recently, attention has been “brought to Layer 2 and its potential to eat into Layer 1’s market share,” according to an update from Huobi. However, the TVL for Layer 2 has “pulled back by over 40%, which is far… Read More

DeFi Fixed-Rate Products Are in Need of Revision, According to Huobi Research Institute

Current fixed-rate products available in the Decentralized Finance (DeFi) industry are a critical component in the financial derivatives market; but drawbacks, “such as low interest rates, intense competition and lower overall attractiveness to investors remain,” according to an update from Huobi. A revamp that consists… Read More

Huobi Buys First Latin America-Based Crypto Exchange Bitex

Bitex has been purchased by Huobi Global, according to a company statement. Bitex is the first crypto exchange to operate in Latin America and currently has a presence in Argentina, Uruguay, Paraguay, and Chile. The terms of the deal were not disclosed. Huobi Group already… Read More

Luna Revival Plan Faces “Headwinds,” Raises Questions, Huobi Research Institute Reveals

Following the Luna de-peg and the collapse of the UST stablecoin last week, Terra co-founder Do Kwon has unveiled a proposal for what he calls “the path forward.” This included forking the Terra chain “into a new chain without the algorithmic stablecoin, with the old… Read More

Web3 Storage Set for Steady Growth, According to Huobi Research Institute

With worldwide demand for storage set to increase exponentially, users of both personal and enterprise storage will likely “look toward Web3 storage technologies to fulfil their needs, particularly as data privacy concerns escalate, signaling a shift away from centralized storage providers.” This trend, in addition… Read More

Bitcoin Might Benefit from Emergence of “Bretton Woods III,” Research Report Claims

Under the background of the Russian- Ukrainian War and sanctions in western countries, a global commodity crisis is “brewing” and the new global monetary system – Bretton Woods Ⅲ may be developing, said Zoltan Pozsar, an analyst at UBS. A recent report by Huobi Research… Read More

Modularization of Blockchains Might Become New Paradigm: Research Report

Modularized blockchains may offer higher performance and lower costs over time, which could “spur other public chains to implement the same strategy.” This, according to a report by Huobi Research Institute titled “How the Data Availability Layer can Shape the Future of Blockchain.” With the… Read More

Huobi Gains Money Services Business Approval for USA

Huobi Group has received approval to operate as a Money Services Business (MSB) in the United States, according to a statement by the company. Huobi is a public firm with its shares trading in Hong Kong (HKEX:Huobi Tech). Huobi Group was founded in 2013 and… Read More

Optimism’s Token Launch Might “Elevate” Its Rollup Status: Huobi Research Institute

Optimism, one of the four “major” Ethereum Layer 2 scaling solutions, will soon be “launching a new governance and incentive token, OP, much to the community’s excitement.” This launch, which includes airdrops to early adopters and active users and contributors, has “the potential to stir… Read More

Breakthrough in Public Blockchains Key to Development of On-Chain Perpetual Contracts, Huobi Reports

A report by Huobi Research Institute has noted that the future development of on-chain cryptocurrency perpetual contracts is constrained “by the performance of their underlying public chains, with a breakthrough in the latter needed for the former to thrive.” The report from Huobi, titled “On-chain… Read More

$250M Toncoin Ecosystem Fund Launched by Huobi Incubator, Kucoin Ventures, Others

The venture divisions of virtual currency trading platforms Huobi and Kucoin are reportedly among the backers of a $250 million ecosystem fund to support initiatives launched on Toncoin, which is the re-launch of failed blockchain/DLT initiatve, TON. In addition to Huobi Incubator and Kucoin Ventures,… Read More

Centralized and Decentralized Digital Asset Exchanges Are Serving Varied Requirements: Huobi Ventures

Although centralized crypto exchanges (CEXes) and decentralized crypto exchanges (DEXes) are often said to be in competition with each other, an executive from Huobi Ventures believes the opposite is true. During the annual Harvard Blockchain Conference held 27 March 2022, Huobi Ventures Investment Director HaiJing… Read More

Multi-Chain Networks are Key to Blockchain or DLT’s “Long-Term” Development: Report

A report from Huobi Research Institute, a blockchain research organization, has identified multi-chain networks as “key to the blockchain ecosystem’s long-term development due to the security, decentralization and scalability they offer.” Titled “Game of Thrones in Blockchain: Multi-chain Networks Battle for Supremacy”, the report by… Read More

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