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Huobi

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29 May 23

Big solana buys on Huobi may be driven by Hong Kong’s new crypto regulations

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied A large amount of Solana has been purchased on Huobi, preceding the landmark decision by the Hong Kong government to allow citizens to buy crypto starting June 1st. Cryptocurrency trader and influencer “MartyParty” tweeted about significant purchases of the solana (SOL) […]

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29 May 23

Huobi to expand trading service into Hong Kong crypto market

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Cryptocurrency exchange platform Huobi has announced the launch of Huobi HK, an initiative that aims to provide cryptocurrency trading services to users in Hong Kong. According to the announcement on May 29, the platform aims to provide cryptocurrency trading services to […]

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22 May 23

Malaysia accuses Huobi of operating unregistered crypto exchange

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The Malaysian Securities Exchange (SC) has hammered down crypto exchange Huobi for allegedly failing to register correctly. Huobi has been urged to cease operations in the region entirely. Having put the Huobi crypto exchange on its “Investor Alert List” since August […]

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25 Apr 23

ShibaSwap BONE token up 5% following Huobi, OKX Listings

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied ShibaSwap’s BONE token soared 5% after being listed on two major cryptocurrency exchanges, Huobi and OKX. However, it has already faced a slight correction. Seychelles-based exchange Huobi confirmed that withdrawals would open a day after it begins accepting deposits and spot trading […]

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20 Apr 23

APED price explodes amid Huobi listing

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The value of APED, one of the most widely used cryptocurrencies, has seen a significant increase over the previous 24 hours after an earlier spike that was over 70% higher. The meme coin, trading at $7 as of press time, is […]

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16 Apr 23

Huobi withdraws over 50,000 ETH after Shanghai Upgrade

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Crypto exchange Huobi is now one of the bigger withdrawers from the ethereum (ETH) staking contract, having pulled out over 50,000 ETH. The exchange, however, started redepositing it from another wallet. So far it has returned 16,000 ETH into the contract […]

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10 Apr 23

Huobi Global records $30m profit in Q1, forecasts fourfold rise in Q2

Crypto exchange Huobi Global has recorded a profit of $30 million in the first quarter of 2023. Justin Sun, Tron founder and Huobi Global advisor, expects profits to rise fourfold in Q2, following measures implemented to reduce costs and boost efficiency. Sun announced that the exchange generated $150 million in revenue and incurred $120 million […]

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01 Apr 23

Justin Sun rumored to be selling his Huobi Exchange shares

Sources have it that Justin Sun, the inventor of Tron, is in talks to sell some of his holdings in Huobi Global, a crypto exchange. Last year, Justin Sun paid $1b for the crypto exchange after Hong Kong-based investment company About Capital, managed by Leon Li, the exchange’s creator and primary shareholder bought it out. […]

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24 Mar 23

Huobi exchange inks partnership deal with Copper

Huobi and Copper have partnered with Copper to join the ClearLoop Network. The integration will make it possible for the institutional clients of both firms to delegate capital for trading on Huobi while their assets remain under Copper’s secure custody. Huobi, the world’s 13th-largest digital assets trading venue, according to CoinMarketCap, has inked a memorandum […]

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20 Feb 23

Huobi seeking Hong Kong license to launch local exchange

Huobi is taking steps to gain approval from Hong Kong regulators to operate in the city, and also establish a local subsidiary that will cater to institutional investors. Huobi looking to service Hong Kong customers In a tweet thread on Feb. 20, 2023, Justin Sun, advisor at Huobi and TRON founder, said that the new […]

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