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In 32 days, Ethereum is expected to upgrade from a proof-of-work (PoW) consensus algorithm to a proof-of-stake (PoS) system after the network used PoW for seven years. While the testnets…
Huobi co-founder Leon Li reportedly informed about his decision to other backers of the company in a July shareholders meeting.
The deal could be one of the biggest in the crypto industry, netting Li over $1 billion at an equity valuation of around $3 billion. Huobi Founder Eyeing $1B Exit...
The founder of the cryptocurrency exchange Huobi Group – Leon Li – is said to be in talks with numerous investors regarding selling his majority stake in the firm for…
Chinese companies are increasingly focusing their attention on developing the metaverse space. Despite the top-down state control, companies have made big investments in both hardware and software. Taiyi Group is…
The Aussie financial regulators reportedly greenlighted one of the leading cryptocurrency platforms – Huobi Group – to register as a digital currency exchange provider in the country. This is the…
Gibraltar-based cryptocurrency exchange Huobi has received the regulatory greenlight to offer its services in Australia.
Huobi recently became the latest cryptocurrency exchange platform to be granted provisional approval by the Dubai Virtual Assets Regulatory Authority, a statement from the company has said. The provisional approval…
Gemini, the cryptocurrency exchange owned by the Winklevoss twins, is laying off more staff. According to reports, the company is axing 7% of its current workforce, as it engages in…
Huobi’s subsidiary, HBIT, has received a license from the US Financial Crimes Enforcement Bureau’s (FinCEN) Money Services Business Registration (MSB). This will help the cryptocurrency exchange to conduct digital currency-related…