-
Huobi Loses User Money In FTX Bankruptcy: Why Were Millions On Another Exchange?
Monday, November 14, 2022 - 9:13am | 333New Huo Technology Holdings Limited — the parent company of major crypto exchange Huobi — announced that it lost $18.1 million that was locked on FTX at the time of its bankruptcy. What Happened: New Huo Tech also announced earlier Monday that of the $18.1 million, $...
-
Huobi To Delist 7 Privacy Tokens Beginning Sept. 19, Citing Financial Regulations
Monday, September 12, 2022 - 3:21pm | 442Seychelles-based cryptocurrency exchange Huobi on Monday announced the delisting of seven tokens, citing financial regulations. The crypto exchange stated that trading services for privacy tokens including DASH, DCR, FIRO, XMR, XVG, ZEC, and ZEN were terminated on Sept. 6 and their...
-
As Bitcoin, Ethereum, Dogecoin Suffered Fed-Induced Market Slide, These Cryptos Struck Gains Last Week
Monday, August 29, 2022 - 7:38am | 1187eCash (CRYPTO: XEC) and Chiliz (CRYPTO: CHZ) were the two largest gainers as the cryptocurrency market saw a massive drawdown last week. Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH) and Dogecoin declined 7%, 9% and 10%, respectively, in the last seven...
-
Billionaire Huobi Founder Seeks To Sell ~60% Of His Stake: Bloomberg
Friday, August 12, 2022 - 7:59am | 291The founder of Huobi Group, Leon Li, is in negotiations to sell his majority stake in the cryptocurrency exchange for up to $3 billion, reported Bloomberg. According to people familiar with the situation, the Chinese crypto-mogul has held talks with a variety of bankers about...
-
LUNA 2.0 Token Set To Launch On May 27; These Crypto Exchanges Plan To List Immediately
Wednesday, May 25, 2022 - 11:45am | 733After shaking the cryptocurrency market to its core, the developers of the Terra (CRYPTO: LUNA) blockchain are set to launch the LUNA 2.0 token on Friday. What Happened: The new token will be launched on May 27, according to a tweet from crytpo exchange HitBTC. Dear Traders,@terra_money...
-
Bitcoin, Ethereum, Doge, Shiba Inu And Most Cryptos Stage Recoveries On Presidents' Day: Is It Time To Call A Bottom?
Monday, February 21, 2022 - 11:02am | 821The sell-off in the cryptocurrency market has stalled, with the President's Day holiday bringing some respite. The reversal comes amid calls of a crypto winter, an extended lean patch just like the 2018 crypto bear market. Bitcoin Limps Back Up: Bitcoin (CRYPTO: BTC), which on Monday morning...
-
China's Largest Crypto Exchange Huobi Said To Make Singapore Its Regional Base For Asia
Tuesday, November 30, 2021 - 7:33am | 189Huobi Group, which operates China's largest cryptocurrency exchange, has reportedly decided to make Singapore its new regional headquarters for Asia with a second location in Europe under consideration. What Happened: The company's co-founder Du Jun told Bloomberg...
-
Crypto Exchange Huobi Expects 30% Drop In Revenue, Plans To Move Spot Trading Services To Gibraltar
Monday, November 8, 2021 - 5:01pm | 213Crypto exchange Huobi is expecting a 30% drop in its revenue due to China’s long-term crackdown on the cryptocurrency market. In a recent Financial Times interview, Huobi’s co-founder Du Jun said that by the end of 2021, the company is expecting to stop all its services in China....
-
Crypto Exchange Huobi To Send Contest Winner To Space
Wednesday, November 3, 2021 - 2:10pm | 286Huobi Group — the parent firm of major cryptocurrency exchange Huobi — wants to celebrate its eighth birthday by launching one very lucky winner into space. What Happened: In order to celebrate its eighth anniversary, Huobi Group plans to host multiple events and the giveaway of a...
-
Major Cryptocurrencies Down Significantly In Past 24 Hours
Sunday, May 23, 2021 - 12:14pm | 250Nearly all major cryptocurrencies are down in the past 24 hours. As of publication time, Bitcoin (CRYPTO: BTC) is down 15%, according to CoinMarketCap. Ethereum (CRYPTO: ETH) is down 21%. Cardano (CRYPTO: ADA) is down 26%. Binance Coin (CRYPTO: BNB) is down 27%. XRP (CRYPTO: XRP) is down 25...
-
Why Huobi Token (HT) Surged Over 23% Today
Friday, April 30, 2021 - 2:48pm | 364Huobi Token (CRYPTO: HT) — the token of China's top cryptocurrency exchange Huobi — has seen sharp growth after the firm's asset management arm launched a new product. What Happened: According to CoinMarketCap data, Huobi Token's price grew over 23%...
-
Fintech Focus For September 1, 2020
Monday, August 31, 2020 - 6:51pm | 2023Quote Of The Day: Go confidently in the direction of your dreams! Live the life you've imagined. - Henry David Thoreau Fintech Movers: If it were to continue compounding at that rate, bitcoin’s daily volume would exceed that of the US equity market in fewer than 4 years. - Ark Trading...
-
XRP/USD Stages A Recovery As XRP Futures Go Live On Huobi Exchange
Wednesday, March 27, 2019 - 9:37am | 458The sideways trading in the range between $0.33 and $0.30 meant that XRP/USD is supported in a core support zone. Huobi customers to participate in XRP weekly, bi-weekly and quarterly contracts starting from 10:00 UTC on March 29. Ripple has in the past few weeks failed to break above $0.35...
-
Today In Cryptocurrency: New $1 Billion Crypto Fund, Hedge Fund Manager Says Buy Bitcoin
Friday, June 1, 2018 - 4:07pm | 443The cryptocurrency market finished up another lackluster week on Friday, with most major cryptocurrencies trading lower by more than 1 percent. Here’s a look at some of the headlines that were moving the cryptocurrency market today — and which currencies were on the move. Headlines...