Huobi Opens Office in Russia, Plans Startup Accelerator and Mining Hotels

The Russian branch of digital asset exchange Huobi is scheduled to open on Nov. 12 with a Russian-language website and local support services. The global cryptocurrency company wants to support Russian startups and mining projects, in addition to launching an educational program. Also read: Abu Dhabi Securities Exchange to Create Infrastructure for Cryptocurrency Assets New…

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Nano Price Eyes $2 as Huobi Global Listing Sparks Interest

Most cryptocurrency markets still remain stuck in the dirt for the time being. More specifically, Bitcoin remains in the red and most altcoins will not see any major changes as long as this situation remains in place. Nano is one notable exception in this regard, as it is well underway to hit $2 once again….

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Exchanges Roundup: SBI to Develop Wallet, Huobi Targets New Markets

In recent news pertaining to cryptocurrency exchanges, SBI Group has unveiled a partnership with Sepior that will see the companies jointly develop a proprietary wallet, Huobi has announced it is establishing an operational base in Dubai to target the African, Middle Eastern, and South Asian cryptocurrency markets, and Trijo, a Swedish crypto exchange, has received…

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Huobi Global Will Support Stablecoin Trading Through its HUSD Offering

It would appear there is still plenty of stablecoin action on the horizon in the cryptocurrency industry. More specifically, there has been an influx of such currencies over the past few months. Huobi Global is now planning to introduce its own stablecoin, although it is a bit different from what one would expect. The Huobi…

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Huobi Unveils New 'All-in-One' Stablecoin for Stablecoins (Except Tether)

Cryptocurrency exchange Huobi announced today that it has launched its very own interchangeable stablecoin dubbed HUSD. “All-In-One Stablecoin” Huobi, which is currently the third largest cryptocurrency exchange by means of traded volume according to data from CoinMarketCap, announced the launch of its own stablecoin HUSD. Notes Livio Weng Vice President at Huobi: It’s our great…

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Huobi Announces Listing Of Four New Stablecoins

Singaporean cryptocurrency exchange, Huobi, just made public that it will offer support for another four stablecoins this week – which makes it among the latest top exchange to add more cryptos which are pegged to the US dollar. On October 16th, Huobi Global posted on its official blog that deposits of Paxos Standard Token (PAX),…

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Vote Buying: EOS Protocol Blamed for Having an Incomplete Approach to Governance

Photo: Block.one / Medium Having received a number of claims of suspicious voting activities among block producers, Block.One, the creators of the EOSIO software, for the development of which they managed to raise $4 billion in their long-lasting initial coin offering, published a statement in the company’s official blog. The statement is signed Block.one’s CEO,…

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EOS Alliance Responds To Rumors Of Vote Buying

The group steps in to calm the EOS community after allegations about Huobi Pool surface. There is controversy in the EOS community again. This time, it seems to have started with a spreadsheet. Last week, EOSONE posted a document that, it claimed, proved collusion between Huobi Pool and several other block producers (BPs). Besides showing…

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Leaked Document Suggests Huobi Collusion with EOS Block Producers

In what could possibly dent the trust of investors in the EOS coin, a leak by one Shi Feifei, a Huobi employee, has exposed the weakness in the blockchain which apparently is being exploited by the exchange in connivance with some other block producers (BP). The leaked spreadsheet spells out the details of how Huobi…

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Blockchain 101 Ep 89 – Which are the fields suited for the application of blockchain

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The Daily: Binance Expands, Putin Advisor Visits Huobi, Brazilian Brokerage Goes Crypto

Cryptocurrency exchange Binance is making good on its promises to expand globally – focusing on emerging markets and fiat-to-crypto trading services. Also in The Daily, Huobi founder and CEO Leon Li meets a Putin adviser in Beijing, a leading Brazilian brokerage firm shares plans to launch a crypto exchange, and digital assets management firm Altonomy caters…

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Huobi And Block Games Release New Project For The Gaming Industry

Huobi Cloud and blockchain-based gaming platform BlockGames have teamed up to release a joint venture that will transform online gaming called BG.Top. According to an official press release published on Monday, September 17, the new project is called BG.top and will be one of the most versatile projects in the blockchain industry. The primary goal of the…

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Huobi Global partners with BitTrade exchange, aims to make it the crypto hub of Japan

On 12th September, Huobi Global, a digital asset trading platform announced on Twitter, its partnership with BitTrade, a cryptocurrency exchange based in Japan. According to the agreement, Huobi Japan Holding Ltd, a subsidiary of Huobi Global will soon hold a majority of the stake of the Japanese-licensed exchange, BitTrade Co., Ltd. Both Huobi and BitTrade have…

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Huobi Buys Majority Stake in Japanese-licensed Crypto Exchange BitTrade

Huobi Global’s wholly owned subsidiary, Huobi Japan Holding Ltd, has recently acquired a majority stake in Japan’s BitTrade — one of only 16 regulated crypto exchanges in the country, Cointelegraph Japan reports Wednesday, September 12. As Cointelegraph has learned, Huobi Japan will get 100 percent of the shares from True Joyful Limited, BVI, which holds…

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Huobi IPO Speculation Surfaces as Crypto Exchange Buys Public Company

Huobi has purchased a majority stake in Pantronics Holdings, spurring speculation that the exchange is planning a backdoor listing deal. Chinese cryptocurrency trading platform Huobi has reportedly bought a majority stake in Hong Kong-listed electronics manufacturer Pantronics Holdings, spurring speculation that the exchange is planning an initial public offering (IPO) through a reverse takeover. According…

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Crypto Exchange Huobi Seeks to Acquire Public Firm in $77 Million Deal

Cryptocurrency exchange Huobi is quietly seeking to become the largest shareholder of a firm that is publicly listed in Hong Kong – a move that, if completed, could open the door for Huobi to go public via a reverse takeover. According to shareholding disclosures filed by the firm, Pantronics Holdings, on Aug. 21 to the Hong…

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Chinese Crypto Bans on WeChat Accounts, Events, and Exchanges: What Happened and Why

This week, the government of China has cracked down on crypto-related WeChat accounts, blockchain events and digital asset exchanges, solidifying its negative stance on cryptocurrency trading and the Initial Coin Offering (ICO) market. WeChat ban and PBoC’s warning against ICOs On Aug. 22, Cointelegraph reported that WeChat, China’s biggest messaging app that has over 1 billion active monthly users,…

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Cryptocurrency Events Banned at Beijing Central District Hotels, Malls

A central district in Beijing has ordered all hotels, shopping malls and offices not to host cryptocurrency events. The central district of Chaoyang in China’s capital Beijing has issued a notice telling hotels, shopping malls, and office buildings in the area to refrain from hosting cryptocurrency events, South China Morning Post confirmed. The daily quoted…

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Huobi Buys into Security Token Platform OpenFinance Network

Security token service OpenFinance Network has added digital asset marketplace Huobi to its list of financial backers. Singapore-based digital currency exchange Huobi has made an investment in newly launched security token trading platform OpenFinance Network (OFN). The official announcement from US-based OFN did not contain the financial parameters of the deal, but Huobi’s investment was…

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Chinese social network Tianya to launch its token, garners support from Huobi Labs

On 25th July, the Tianya, a Chinese social network, announced a blockchain based initiative to rebuild its ecosystem. It has a user base of 130 million and is aiming to create China’s most influential platform for content and knowledge creation. According to the Tianya’s recent notice to the community, the launch of the ecosystem has been scheduled…

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