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Huobi Plans Takeover of Major Japanese and South Korean Crypto Exchanges

November 17, 2020 by Osato Avan-Nomayo at Bitcoin

Huobi, China’s largest crypto trading desk Huobi is reportedly pursuing an aggressive globalization agenda that involves the acquisition of major crypto exchanges across Asia. Huobi Eyes bitFlyer and Bithumb Acquisition According to an exclusive report by Chinese crypto news source @WuBlockchain, Huobi is set to purchase major Asian crypto exchanges...

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....

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...

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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...

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