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Huobi’s DeFi Alliance Welcomes 10 New Members, Including Aave, Curve, Synthetix

September 15, 2020 by Osato Avan-Nomayo at DeFi

Aave and Curve are the among the latest batch of decentralized finance (DeFi) giants to join the Huobi-backed DeFi Alliance. The DeFi landscape continues to see sustained growth with more projects emerging consistently. Aave, Balancer, and CoinGecko Swell DeFi Alliance’s Ranks According to Singapore-based blockchain media outlet Blockcast, Huobi DeFi...

How to Understand Huobi USDT-Margined Options

September 3, 2020 by Aisshwarya Tiwari at Altcoins

Huobi -- one of the world’s largest cryptocurrency exchanges launched the first USDT-quoted European Option on September 1st. Features of Huobi Options Huobi first rolled out weekly, bi-weekly, and quarterly Bitcoin Options, with plans of adding other crypto options with time, thereby increasing options for retail and institutional traders yearning...

Binance and Huobi to Support Qtum Offline Staking

August 25, 2020 by Aisshwarya Tiwari at Altcoins

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....

Huobi Asset Management Secures Two Licences from the SFC

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

August 3, 2020 by Ogwu Osaemezu Emmanuel at Regulation

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...

Binance to Support Ontology Network (ONT) Upgrade, Here’s What It Means

July 6, 2020 by Shaurya Malwa at Altcoins

Crypto exchange Binance announced July 6 it will support Ontology’s (ONT) upcoming network shift on all supported tokens on the platform. Staking Rewards not Affected Binance announced it will support the upcoming Ontology network upgrade. All ONT deposits and withdrawals of ONT will be suspended starting on July 6, but...

Huobi Token Becomes First Exchange Token Approved By Japanese Regulators

April 24, 2020 by Aisshwarya Tiwari at Altcoins

Japanese financial regulator, Japan Financial Services Agency (FSA), has approved Huobi Global’s native exchange token, Huobi Token (HT) as a compliant crypto asset to trade in the world’s second-largest digital asset trading market. HT will begin trading on Huobi Japan in May. FSA Approves Huobi Token HT is the first...

Huobi smartphone Acute Angle held to the blockchain sky

Crypto Exchange Huobi Leads With Highest Number of USDT Transactions and Net Deposits in March

April 13, 2020 by Aisshwarya Tiwari at Altcoins

According to recent data compiled from Jin Guo Zi APP, and JGZ.com, cryptocurrency exchange platform Huobi dominated the network of Tether (USDT) transactions throughout March 2020 – eclipsing the likes of Binance, OKEx, and Bitfinex, among others. Huobi Takes the Center Stage Leading cryptocurrency exchange Huobi emerged as the global...

Huobi Wallet Users to Access Crypto Lending Services via Cred (LBA)

April 1, 2020 by Ogwu Osaemezu Emmanuel at Bitcoin

Huobi Wallet, the multi-cryptocurrency wallet from the stables of Huobi Group has inked a strategic partnership deal with Cred (LBA), to enable users to access crypto lending and borrowing services straight from their wallets, according to a blog post report on April 1, 2020. Crypto Lending Coming to Huobi Wallet...

Robot Looking at Blue Flame Green Red Chart Readings Background

Huobi Introduces New Features to Cushion Negative Volatility for Traders

March 19, 2020 by Ogwu Osaemezu Emmanuel at Altcoins

Huobi DM, the Bitcoin futures and derivatives trading platform of Huobi Group, has announced the introduction of its new liquidation mechanism designed to help traders to systematically minimize their exposure and cushion the effects of negative market volatility, according to a press release on March 18, 2020. Huobi Launches Partial...

TRON (TRX) Alleged to Have Orchestrated Hostile Steem (STEEM) Takeover

March 3, 2020 by Osato Avan-Nomayo at Altcoins

Tron CEO Justin Sun has allegedly carried out a hostile takeover of the Steem blockchain using STEEM token deposits held in major crypto exchanges like Binance and Huobi. The alleged takeover has seen a scheduled soft fork of the blockchain network reversed. Sequence of Events As previously reported by BTCManager,...

Huobi Joins Kakao’s Klaytn Blockchain Consortium Governance Council

February 11, 2020 by Ogwu Osaemezu Emmanuel at Blockchain

Huobi cryptocurrency exchange is now a member of the Klaytn blockchain governance council. The exchange, along with the 27 other member enterprises of the council, including LG Electronics, will be responsible for the smooth running of the network, to provide users with accessible blockchain-based solutions and promote Klaytn adoption globally,...

Huobi Indonesia now Facilitating Rupiah (IDR) to Tether (USDT) Trades

December 30, 2019 by Ogwu Osaemezu Emmanuel at Altcoins

Huobi Indonesia, a local partner of global cryptocurrency exchange Huobi Global has launched a fiat-to-crypto trading gateway that will enable the direct trade of Indonesian Rupiah (IDR) to Tether (USDT), and also grant the exchange's local customers access to over 250 cryptocurrencies supported by the platform, reports Coinpedia on December 30,...

Huobi China, China Telecom, Others Ally to Boost DLT Adoption

December 2, 2019 by Ogwu Osaemezu Emmanuel at News

The Chinese arm of leading cryptocurrency exchange, Huobi has joined forces with other highly reputed firms in China, including UnionPay, China Telecom, and others, to roll out the Blockchain Services Network (BSN), a consortium aimed at accelerating the growth of distributed ledger technology (DLT) in the country, reports FN.com on...

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