Huobi Global reportedly plans relocation to the Caribbean
The company may relocate up to 200 employees from Seychelles to one of the Caribbean jurisdictions.
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HUSD ‘Stablecoin’ Plunges to $0.3 Following Huobi Delisting
Huobi’s native stablecoin – HUSD – lost its parity with the American dollar and tumbled by nearly 70% after the exchange delisted the asset last week. At one point, its…
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.…
Huobi Announces Global Delisting of Native Stablecoin HUSD
Seychelles-based crypto exchange Huobi will no longer support trades for its native stablecoin, HUSD. Users with funds stored in that token will have their assets auto-converted into USDT – the…
Gamefi-Focused Oasys Blockchain Launches Mainnet With Support of Sega, Ubisoft, and Bandai Namco
Oasys, a Web3, EVM-compatible, gamefi-focused blockchain project, launched the first phase of its mainnet on October 25th. The company, which has gathered support from AAA gaming companies such as Sega,…
Localbitcoins, Crypto.com, Other Providers Suspend Services for Russians Under EU Rules
Complying with the latest EU sanctions targeting Russia, well-known cryptocurrency platforms like Localbitcoins, Blockchain.com, and Crypto.com have started to restrict or terminate services for Russian accounts. The moves follow the…
Justin Sun Says He’s One of the Biggest Holders of Huobi Token (HT)
The Chinese entrepreneur and Founder of TRON Foundation – Justin Sun – claimed he holds “tens of millions” of Huobi Tokens. He also said his new role as a Global…
3 Reasons for Huobi Token (HT) Price Surge Today
Huobi Token (HT) – the native cryptocurrency of Huobi Global – spiked by approximately 18% hours after Justin Sun confirmed he will take an advisory role in the exchange. The…
Justin Sun Confirms Advisory Role in Huobi, Denies Buying It
Just a week after Huobi Global revealed a change in the shareholder structure, Tron founder Justin Sun’s role as a shadow owner of the crypto exchange surfaced. He has, however,…
Report: Hong Kong-Based Asset Management Firm Acquires Controlling Stake in Asian Crypto Exchange Huobi
Li Lin’s controlling stake in Huobi, one of Asia’s largest cryptocurrency exchanges, was recently acquired by About Capital Management for an undisclosed sum. Huobi’s acquisition by the Hong Kong-based asset…
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