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Billionaire Crypto Mogul Justin Sun Denies Rumors on Huobi Exchange Stake Sell
3.4.2023
Billionaire crypto entrepreneur Justin Sun has denied claims that he is considering divesting his stake in the global cryptocurrency exchange Huobi.
"As much as I love a good April Fool's Day prank, I must deny the report that Huobi Global is seeking a stake buyer," the Tron Founder wrote...
Huobi Exchange Token Down 11% on Reports of Layoffs, Internal Strife at Company
6.1.2023
Exchange volume has dropped by 23% as market concern grows around the health of Huobi
Huobi Exchange Users Furious After GALA Holdings Are Converted to ‘Meme Token’
4.11.2022
The move came after a bug forced a bridging service to re-launch the wrapped version of GALA that trades on Binance Smart Chain, sparking widespread confusion
Huobi Might Get a New Owner, FTX Among Potential Buyers - Report
12.8.2022
Huobi Group founder Leon Li is in talks to sell his roughly 60% stake in this major crypto exchange, while Tron (TRX) founder Justin Sun and Sam Bankman-Fried’s FTX exchange are being mentioned among those who’ve had preliminary contact with Huobi....
Read More: Huobi Might Get a New Owner,...
Lawyer Accuses Huobi of Operating a Cryptocurrency Exchange That’s ‘Held Accountable Nowhere’
23.1.2022
Houbi Global, which is based in Seychelles, has been accused by lawyer Jonathan Levy of operating without accountability to any jurisdiction. The lawyer adds that the exchange’s physical address in the island nation is for mailing purposes only. Accountability Issues U.S.-based lawyer...
New research expects a gloomy year for Bitcoin as DeFi and DAOs rise
21.1.2022
On the brighter side, DeFi will continue to expand and adapt, with DAO governance eventually becoming a major driver of activity on the chain
Huobi Stablecoin Issuer Publishes Attestation Reports Tied to HUSD Reserve Backing
6.8.2021
The crypto financial services company Huobi and the firm’s stablecoin issuer Stable Universal have published monthly HUSD attestation reports. The audits indicate the funds that back Huobi’s stablecoin are kept in cash in U.S. money market accounts in order to ensure the 1:1 ratio with...
Huobi Prohibits Chinese Residents From Leveraging Cryptocurrency Derivatives
28.6.2021
The Seychelles-based cryptocurrency exchange originally founded in China, Huobi, has officially banned Chinese residents from swapping cryptocurrency derivatives, according to the company’s revised user agreement. China is now listed as prohibited and residents from the country are forbidden...
Huobi Exchange Plots Return to US Crypto Market as Soon as This Month, Exec Says
8.4.2020
Global crypto exchange Huobi could resume business in the U.S. as early as this month, five months after ceasing operations there, an executive said
Huobi Exchange Partners With UAE Real Estate Firm to Enable Crypto Payments
13.1.2020
Huobi partnered with a real estate firm in the UAE to allow real estate investors to pay in cryptocurrencies like Bitcoin
Hong Kong-Based Holding Company Appoints Huobi Exchange Founder as CEO
11.9.2019
Huobi Group founder and CEO, Leon Li has taken on several executive titles at Hong Kong’s Pantronics Holdings Ltd