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Huobi Crypto Exchange Denies Mass Layoffs and Exec Resignations


Major crypto exchange Huobi Global has denied mass layoff claims and allegations that two of its top executives have resigned.  In a tweet on October 29, prominent Chinese journalist Colin Wu claimed that the company’s CEO Leon Li and chief financial officer Chris Lee have resigned. Citing people...

Huobi Global to Delist HUSD — Stablecoin Slips Below $1 Parity to $0.89


On Thursday, the cryptocurrency exchange Huobi Global announced that the trading platform plans to delist the stablecoin HUSD and the delisting will begin at 08:00 (UTC) on October 28, 2022. Furthermore, users with HUSD held on the exchange will see their balances auto-converted to the stablecoin...

Huobi Token Price Prediction – HT Blasts Up 7%, How High Can It Go?


The Huobi Token (HT) is one of the most prominent exchange tokens in the market, with a price gain of 7% in the past 24 hours. However, is now the best time to purchase HT?  Huobi Token currently trades at $7.73, an increase of around 7% in the past 24 hours. The token trades above most of...

Bitcoin Price and Ethereum Hold Crucial Support, Huobi Gains 75% In A Week


The Bitcoin price is trading choppy near $19,189 after being rejected below the $19,950 resistance level. While Ethereum's price has dropped by more than 2% to $1,298.  Since About Capital bought out the Huobi platform and appointed Sun as an advisor, the price of Huobi Token has skyrocketed....

Founder of Huobi Crypto Exchange Sells Stake in Company


Huobi founder and controlling shareholder Leon Li Lin will sell its entire stake in the Seychelles-based crypto exchange to About Capital Management, a Hong Kong-based assets management company. According to an October 8 blog post, the buyout vehicle of About Capital will control the majority...

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