Huobi Ventures launches $10M fund for early-stage GameFi investment

Huobi cryptocurrency exchange’s dedicated investment arm, Huobi Ventures, has set up a $10 million fund to invest in early-stage GameFi projects that combine decentralized finance (DeFi) features with gaming. The fund will provide direct investment to projects that integrate blockchain gaming with DeFi mechanisms. The GameFi business models allow users to earn dividends through features… Continue reading Huobi Ventures launches $10M fund for early-stage GameFi investment

Thai Regulator to Revoke Local Crypto Exchange License of Huobi

Thailand’s Securities and Exchange Commission (SEC) has recommended the country’s Finance Ministry to revoke the digital asset exchange license of Huobi (Thailand) Co, which is accused of failure in fixing system flaws. Announced on Saturday, the financial regulator is pushing the exchange to suspend its services and return clients’ funds within the next three months.… Continue reading Thai Regulator to Revoke Local Crypto Exchange License of Huobi

Huobi to dissolve digital currency exchange in China

Digital currency exchange Huobi is to dissolve its Chinese subsidiary, originally set up to house the exchange in China, after moving its business from the country several years ago. The move sees Huobi join fellow digital currency exchange OKEx in closing down its Chinese arm, following the People’s Bank of China ban on initial coin… Continue reading Huobi to dissolve digital currency exchange in China

Huobi to dissolve digital currency exchange in China

Digital currency exchange Huobi is to dissolve its Chinese subsidiary, originally set up to house the exchange in China, after moving its business from the country several years ago. The move sees Huobi join fellow digital currency exchange OKEx in closing down its Chinese arm, following the People’s Bank of China ban on initial coin… Continue reading Huobi to dissolve digital currency exchange in China

Huobi bans crypto derivatives trading for users in China

Crypto exchange platform Huobi has updated its user agreement document, banning crypto derivatives trading for customers in China. According to the updated user agreement section of the Huobi Global website, the ban on crypto derivatives trading covers users in jurisdictions like China, Taiwan, Israel and Iraq. Other banned countries include the United Kingdom — restricted… Continue reading Huobi bans crypto derivatives trading for users in China

Huobi Subsidiary Launches Bitcoin (BTC) and Ether (ETH) Funds for Institutional Investors

Huobi Asset Management has announced the launch of its bitcoin (BTC), Ether, private equity fund, plus a fund that invests in a basket of cryptoassets. The team says the funds will give institutional investors such as family offices, high net worth individuals, and others, exposure to bitcoin, ether, as well as other cryptos and it… Continue reading Huobi Subsidiary Launches Bitcoin (BTC) and Ether (ETH) Funds for Institutional Investors

Huobi Global welcomes Vincent Lau as new managing director

Huobi Global, one of the largest cryptocurrency exchanges by trade volume, has announced the appointment of blockchain industry veteran, Vincent Lau, as the company’s new managing director. Lau previously worked as an executive at major crypto exchanges Bitfinex and OKEx, and has worked for global corporations outside of the blockchain sector including e-commerce marketplace Groupon… Continue reading Huobi Global welcomes Vincent Lau as new managing director

Huobi DeFi Labs Partners with Kava Labs to Expose Users to New DeFi Opportunities

Huobi continues to expand its scope in the decentralized finance (DeFi) scene, as the Huobi Defi Labs inked a partnership deal with cross-chain DeFi platform Kava Labs, to bringing the Huobi BTC (HBTC) token to Kava, while also providing liquidity mining to Huobi users. CeFi and Defi Coming Together According to a joint announcement, the… Continue reading Huobi DeFi Labs Partners with Kava Labs to Expose Users to New DeFi Opportunities

Huobi Set For US Return after Acquisition Of Nevada Trust License

Crypto exchange giant Huobi Group is set to make a return to the US market after securing a trust license. This was revealed by Huobi in a Tuesday filing with the Hong Kong Stock exchange. US Operations to Begin In 2021 Huobi revealed that the trust license was issued by the Nevada Financial Institutions Division… Continue reading Huobi Set For US Return after Acquisition Of Nevada Trust License

Huobi Global looks to become key player in Polkadot ecosystem

Two announcements from Huobi Global on Friday indicate that the cryptocurrency exchange is angling to become a key player in the growth of the Polkadot network. In a pair of blog posts, the Seychelles-based exchange announced a Polkadot Sponsorship program, as well as a $5 million Tether stablecoin fund from the Huobi Innovation Lab to… Continue reading Huobi Global looks to become key player in Polkadot ecosystem

Huobi Global looks to become key player in Polkadot ecosystem

Two announcements from Huobi Global on Friday indicate that the cryptocurrency exchange is angling to become a key player in the growth of the Polkadot network.  In a pair of blog posts, the Seychelles-based exchange announced a Polkadot Sponsorship program, as well as a $5 million Tether stablecoin fund from the Huobi Innovation Lab to… Continue reading Huobi Global looks to become key player in Polkadot ecosystem

Huobi launches regulated crypto exchange in Malaysia

Huobi Global, Huobi Group’s flagship crypto exchange headquartered in Singapore, may have had a rocky fall in 2020 — at least, as circulating FUD and the rumors go. Today, Nov. 27, the brand has better news to announce, with the launch of another, independent platform licensed to use the Huobi name. Targeted at the Malaysian… Continue reading Huobi launches regulated crypto exchange in Malaysia

Traders apathetic as Huobi launches two new wrapped assets on Ethereum

Following the success of HBTC — the wrapped Bitcoin tradable on Ethereum currently securing nearly $70 million in BTC — Huobi Global has released the latest in its “H-token” series: Litecoin and Bitcoin SV. However, traders and developers thus far don’t seem interested. First announced in September, the H-token series promised to bring a wide… Continue reading Traders apathetic as Huobi launches two new wrapped assets on Ethereum

Huobi Names Alex Pack Corporate Investment Advisor

Huobi Group, a global blockchain and cryptocurrency infrastructure provider, announced today that it has named Alex Pack as its Corporate Investment Advisor. In a press release announced on Friday, Huobi Group has appointed Alex Pack, Co-founder and former managing partner of crypto investment firm Dragonfly Capital, to Corporate Investment Advisor to strengthen its venture investment… Continue reading Huobi Names Alex Pack Corporate Investment Advisor

Binance and Huobi to Support Qtum Offline Staking

Smart contract blockchain Qtum will launch offline staking at block 680,000 on August 28 with support from several major exchanges. Binance, OKEx, Huobi, Coinone, CoinDCX, and Gate are among the platforms to have pledged support for offline staking, enabling users to lock up their QTUM tokens and earn staking rewards. The introduction of offline staking… Continue reading Binance and Huobi to Support Qtum Offline Staking

Huobi Global Announces Measures to Strengthen Its Presence in Russia

21704 Total views News As part of its Russian expansion plans, Seychelles-based exchange Huobi Global appointed Vladimir Demin as the company’s chief advisor. His main role will be to help develop the company’s market in the region. According to the announcement, he had previously served as partner and CEO of Huobi Russia. Demin believes that… Continue reading Huobi Global Announces Measures to Strengthen Its Presence in Russia

Hong Kong: Huobi Exchange Subsidiary Bags Two Important Licenses from the SFC | BTCMANAGER

Huobi Asset Management, the Hong Kong-based asset management subsidiary of Huobi Technology Holdings, has been granted a Type 4 (advising on securities) and a Type 9 (asset management) license by the Securities and Futures Commission (SFC), according to a report on August 3, 2020. Huobi Crypto Exchange Sees More Wins Barely four months after its… Continue reading Hong Kong: Huobi Exchange Subsidiary Bags Two Important Licenses from the SFC | BTCMANAGER

Huobi Japan Opens Voting on Listing 6 New Tokens

Major Japanese exchange Huobi is asking its users to vote before August 16 on which new cryptocurrencies they would like to see listed.  According to an update on the Huobi website posted on July 16, the Japan-based exchange is considering adding Enjin (ENJ), IOS Token (IOST), Neo (NEO), Ontology (ONT), Qtum (QTUM), and Tezos (XTZ). … Continue reading Huobi Japan Opens Voting on Listing 6 New Tokens

Huobi Global to Run Chainlink (LINK) Node After Partnership | BTCMANAGER

The pricing data of Singapore-based Huobi Global will be availed to smart contracts through Chainlink’s decentralized oracles, a blog post published on July 3, 2020, has revealed. The partnership will also see Huobi wallets run live Chainlink nodes further fortifying the oracle’s network.  Huobi Global to Avail On-Demand Crypto Pairs Specifically, BTC/ETH, BTC/USDT, ETH/USDT, and… Continue reading Huobi Global to Run Chainlink (LINK) Node After Partnership | BTCMANAGER

Huobi Token Approved in Japan As Regulators Improve Protections

Huobi Token has become the first international exchange token approved by Japanese regulators, after the Financial Services Agency (FSA) approved HT as a compliant crypto asset able to trade in the world’s second largest digital asset market from May. Only 25 other tokens have been approved on the FSA’s whitelist at this point as Japan… Continue reading Huobi Token Approved in Japan As Regulators Improve Protections

Huobi Launches On-Chain Analytics Tool to Monitor Illicit Crypto Activity

Per an April 13 announcement, Huobi (HT) Global has launched Star Atlas, an on-chain analytics tool to monitor illicit cryptocurrency transactions that could work in tandem with similar tools. Past criticism The tool should help Huobi address some of the past criticism it had received. Chainalysis’ 2020 State of Crypto Crime Report stated: “Binance and… Continue reading Huobi Launches On-Chain Analytics Tool to Monitor Illicit Crypto Activity

Huobi Korea Delists XMR Amid Nth Room Sexual Exploitation Case Rumors

Huobi Korea announced on April 8 that they would be ending support for Monero (XMR) trading starting on April 9, 2020. They stated that this was due to “low trading volumes and anonymity functions”. They did not, however, reference the recent Nth room case, in which South Korean media has speculated the exploitation ring used… Continue reading Huobi Korea Delists XMR Amid Nth Room Sexual Exploitation Case Rumors

Huobi Thailand Launches Amidst Coronavirus Outbreak

The advance of coronavirus in the region hasn’t precluded the launch of Huobi Thailand, which allows for a fiat gateway to BTC, ETH, HT, and USDT from the start, and plans to expand the offering in the near future according to the company’s press release Cointelegraph received today, March 5. Licensing Last year, Huobi was… Continue reading Huobi Thailand Launches Amidst Coronavirus Outbreak