Search
Crypto Traders Suffer Over $300M of Losses in Liquidations Amid Market Crash
10.3.2023
The largest long liquidation in at least a month suggests that Thursday’s crash in crypto prices caught traders off-guard. Bitcoin traders suffered the most losses, some $112 million in the past 24 hours, while ether liquidations surpassed $73 million, per data from Coinglass
Huobi’s HT Token Suddenly Drops 93%, Then Rebounds Just as Quickly
10.3.2023
Huobi’s HT token, the native token of the cryptocurrency exchange, momentarily dropped 93% on Thursday for reasons that are unclear
Bitcoin’s Price Drop Causes Over $200 Million in Long Liquidations Across Crypto Derivative Exchanges
3.3.2023
On Feb. 24, 2023, bitcoin’s price remained above the $23,000 threshold and then rose to a peak of $23,829 per unit on March 1. On March 2 at 8 p.m. Eastern Time, the price of bitcoin fell, dropping below the $23,000 mark. This decline resulted in a significant $237.97 million worth of long...
Justin Sun Says Hong Kong’s New Licensing Regime Could Shift Policy in Mainland China, Eventually
1.3.2023
In the interim, if granted the VASP license, the Tron founder says Houbi will launch a new exchange, Huobi Hong Kong, so as to comply with regulators
Kucoin and Huobi Are Accused in Report of Enabling Russian Banks to Break Sanctions
27.2.2023
Huobi and KuCoin, two of the world's largest crypto exchanges, have reportedly continued to provide services to customers of sanctioned Russian banks.
The exchanges, both based in Seychelles, failed to take proper measures in order to block traders from transacting with debit cards issued...
Crypto Exchanges Allow Russians to Circumvent Sanctions, Report Alleges
26.2.2023
Major crypto exchanges have failed to prevent sanctioned Russian banks and traders from transacting, according to a blockchain forensics report. At least two established coin trading platforms continue to allow Russians to use their bank cards in peer-to-peer deals, the analysis shows. It also...
Today in Crypto: 'Crypto Trading Activity Increased Markedly in the Wake of Terra & FTX Falls', Huobi Moving from Singapore to Hong Kong, Swarm Launches Tradable Stocks and Bonds On-chain
21.2.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today's crypto news.__________...
Read More: Today in Crypto: 'Crypto Trading Activity Increased Markedly in the Wake of Terra & FTX Falls', Huobi Moving from Singapore...
Huobi crypto exchange aims to expand to Hong Kong amid regulatory changes
20.2.2023
The cryptocurrency exchange recently cut 20% of its staff, but now it will increase personnel in Hong Kong from 50 to 200
FTX Cautions Public About Fraudulent 'Debt Tokens' and Scams Alleging Association with the Insolvent Exchange – What's Going On?
20.2.2023
The bankrupt crypto exchange FTX has warned the public about tokens issued by groups who claim to be working on its behalf.
In a tweet posted by the debtors who now control the FTX bankruptcy estate, crypto investors were urged to be “on alert for scams from entities claiming to be affiliated with...
FTX Warns Community of Phony ‘Debt Tokens’ and Scams Claiming to Be Affiliated With the Bankrupt Exchange
19.2.2023
On Friday, debtors who control the official FTX Twitter account warned the community to “be on alert for scams from entities claiming to be affiliated with FTX.” They also noted that neither FTX debtors nor any entity related to the company has issued any IOU crypto assets...
Binance and Huobi Freeze $1.4 Million in Crypto Linked to North Korea
17.2.2023
Crypto exchanges Binance and Huobi have frozen cryptocurrencies worth approximately $1.4 million linked to North Korea, according to blockchain analytics firm Elliptic. The firm noted that the stolen funds, which were dormant until recently, originated from the June 2022 hack of Harmony’s...
Binance and Huobi Freeze $1.4M in Crypto Tied to Harmony Bridge Theft
15.2.2023
Tracing firm Elliptic said it followed the money through Tornado Cash
Huobi Cloud Wallet no more: Exchange pulls plug on DeFi multi-token wallet
13.2.2023
Huobi has announced the impending closure of its Huobi Cloud Wallet service, citing strategic adjustments for the move
Cryptocurrency Exchanges Offer Assistance to Earthquake-Hit Turkey
8.2.2023
Major crypto exchanges have offered to help the people of Turkey to overcome the consequences of this week’s devastating earthquake. While the crypto industry pledged support, the country’s financial authorities allowed the raising of relief funds through cryptocurrency donations...
Crypto exchanges tackle insider trading after recent convictions
7.2.2023
The first-ever case of crypto insider trading highlights the need for reforms from exchanges to keep track of their employee’s trade activities
Protocol Labs, Chainalysis and Bittrex add to crypto layoff season
4.2.2023
Crypto execs suggested that the "extremely challenging" times forced them to cut jobs in order to “weather this extended" crypto winter
Matrixport Joins Growing List of Crypto and Blockchain Companies Letting Employees Go
28.1.2023
The crypto firm Matrixport, led by former Bitmain CEO Jihan Wu, is laying off 10% of the company’s staff, according to reports published on Friday. Matrixport’s COO, Cynthia Wu, cited a “shift in the regulatory climate” and “industry-wide capitulations”...
Onchain Researchers Discover $63M in Ethereum From Harmony Bridge Attack Moved, Hackers Attempt to Launder Funds on Major Exchanges
16.1.2023
On Jan. 15, 2023, onchain researchers discovered that funds stolen during the Harmony bridge attack had been moved. The suspected thieves, who are allegedly associated with the North Korean hacking syndicate Lazarus Group, moved 41,000 ethereum, worth $63.2 million at current exchange rates....
Today in Crypto: Digital Assets Subcommittee in the US, Iran's and Russia's Gold-Backed Stablecoin, UK Sentences Four to 15 Years in Prison
16.1.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Digital Assets Subcommittee in the US, Iran's and Russia's Gold-Backed Stablecoin, UK Sentences Four to...
Huobi and Solaris crypto-to-fiat debit card launches in the EU
13.1.2023
The Visa-backed debit card will allow Huobi users in the European Economic Area (EEA) to pay from their crypto accounts at point of sale stations globally