Huobi Korea seeks to split from parent company, change its name: Report
Chairman Cho Kook-bong will also take over a majority of shares previously held by co-founder Leon Li.
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Huobi Layoffs Spark Controversy and Speculation, Justin Sun Claims Everything Is Fine
The cryptocurrency exchange Huobi is laying off 20% of its employees, according to multiple reports over the past two days. However, Huobi’s advisor Justin Sun, the founder of Tron, told…
What’s Happening Over at Huobi?
Huobi Global, the crypto exchange rumored to have been acquired by Justin Sun in October through an intermediary company, is beset with all kinds of rumors. Huobi has denied some...
Tron’s Justin Sun Confirms 20% Layoff at Huobi
In a bid to weather the unprecedented turmoil in the market, Huobi is the latest company to introduce job cuts. The crypto exchange is planning to lay off about 20%…
Huobi confirms 20% layoffs, denies insolvency rumors
Key Huobi execs, including Huobi Group CFO Lily Zheng allegedly left the company a few months ago following the new shareholders’ takeover.
Doubts mount over Huobi’s future as harsh layoff rumors denied
Canceled bonuses, pay disputes, massive layoffs and a communication blackout has been claimed as part of the goings-on at the crypto exchange.
Declining Interest Leads to Poor Market Performance for Ethereum Proof-of-Work Forks
After transitioning from proof-of-work (PoW) to proof-of-stake (PoS), the Ethereum community saw the launch of two new PoW Ethereum forks: ethereumpow and ethereumfair. In the past four months, the value…
Huobi Reportedly Plans Mass Layoffs and Salary Cuts
Popular cryptocurrency exchange Huobi will lay off a significant portion of its workforce and cut the salaries of senior employees, according to Chinese reporter Colin Wu. Last month, the exchange…
Three Countries Account for Nearly Two-Thirds of Africa’s Crypto Holders — Study
According to a new study, out of the estimated 55.3 million cryptocurrency holders that are spread among 33 African countries, three countries — Nigeria, South Africa, and Kenya — account…
Huobi Calls Bitcoin and Ether Bottoms, Predicts Recovery After Q1 2023
Huobi Research, an affiliate of Huobi Global, estimated in its Global Crypto Annual 2022-2023 Report that the prices of bitcoin and ether will start surging after the first quarter of…