Huobi DM Whacks USD $20 Billion Worth Trading Volume, Despite Crypto Winter

Despite looking at the current bear market, the digital asset trading service at Huobi, also familiar as Huobi Derivative Market “Huobi DM” counts its trading volume rising USD $20 billion. This milestone faced nearly 15 days following Huobi DM rack up its initial USD $10 billion with respect to trading volume during its first operational…

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Exchanges News: Huobi Trial Eos Exchange, Sharespost Facilitates Security Token Transaction

In recent cryptocurrency exchange news, Huobi’s EOS exchange has entered trial operations, Sharespost has facilitated a secondary trade of the BCAP security token, and Bithumb has obtained South Korean Information Security Management System certification. Also Read: Bisq DEX Launches DAO on Testnet as Developers Seek to Decentralize Governance  Huobi Launches Trial of EOS Exchange In the…

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Top Available Stablecoins in The Crypto Market

A stablecoins is a type of cryptocurrency that has its value backed by the value of other assets, such as gold or fiat currency. This new genre of cryptos has seen more and more coins appearing on the market, all of which are trying to dethrone the most known stablecoin of them all, Tether. Below, we…

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OKEx Adds 7 New Trading Pairs to its Crypto Derivatives Platform

On Thursday, January 3rd, Hong Kong-based cryptocurrency exchange OKEx revealed the addition of seven new trading pairs to its cryptocurrency derivative product. The exchange currently stands as the world’s second-largest cryptocurrency exchange by volume, with a 24-hour trading volume of $552 million at the time of writing. OKEx originally launched its first derivative product, a…

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Huobi to Launch EOS-Powered Cryptocurrency Exchange in Q1 2019 | BTCMANAGER

According to a press release published on December 29, 2018, Huobi Group’s cryptocurrency mining arm, Huobi Pool is set to launch the company’s first crypto trading exchange in Q1 2019. Notably, the exchange will use EOS as the base currency, leveraging its distributed proof-of-stake (DPoS) consensus method. World’s First EOS-Powered Cryptocurrency Exchange The exchange is scheduled…

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EOS Contract Joins Bitcoin and Ethereum on Huobi Derivative Market

Photo: Huobi Global / Facebook This Christmas season is rich in different crypto news from numerous projects and it looks like they are doing their best to finish this controversial year for the crypto industry on good terms. As it has been recently revealed, the Singapore-based cryptocurrency exchange Huobi’s derivatives wing, known as Huobi Derivative Market,…

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Only 2 out of 25 Top Crypto Exchanges Report Their True Trading Volumes: Report

Photo: Pavlos Giorkas / Flickr The December Exchange Volumes Report by the Blockchain Transparency Institute (BTI) is out. According to the report, just two of the top 25 cryptocurrency exchanges report accurate trade volume. The two are Binance and Bitfinex. The rest inflate their trade volume figures hence providing inaccurate information. This report confirms the…

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Crypto Market Update: Tezos Gets Huobi Listing, EOS Flips Bitcoin Cash

FOMO Moments Crypto markets are still on the floor today as there has been no sign of even a minor recovery. The bears have kept the pressure on and prices are still sinking as total market capitalization continues to fall below $110 billion. Bitcoin has slid back again falling close to $3,400, down 3% or…

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Coinbase Opens the Door to More Than 30 New Cryptocurrencies

Coinbase has announced that it plans to list over 30 cryptocurrencies, with many more to follow. In its largest listing spree to date, the California-based exchange will add dozens of cryptocurrencies in the coming months, including dai, mana and neo. Moving forward, Coinbase ultimately plans to add over 90 percent of “all compliant digital assets.”…

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Huobi Debuts Cryptocurrency Derivatives Market Platform

Huobi just announced the launch of its cryptocurrency derivatives trading service – Huobi Derivative Market (Huobi DM). The Singapore-based exchange says the platform will initially handle USD-denominated Bitcoin Contracts. Huobi Cryptocurrency Derivatives Market The cryptocurrency exchange platform announced the launch of Huobi DM at the Cryptofrontiers conference in New York on Wednesday (November 28, 2018)….

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Former Huobi and NYSE Executive is Launching a New Crypto Exchange

The former CTO of Singapore based Huobi is about to launch his own crypto trading platform before the end of the year. BHEX to Offer Crypto, Fiat and OTC Trading According to Businesswire BHEX raised $15 million in its equity from top-tier institutions including Huobi and OKEx. It is scheduled to launch at the end…

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Grant Thornton Attests USDC is Backed by Fiat, Huobi Establishes Communist Party Branch

In exchange news, we look at a major accounting firm’s attestation that all USDC tokens issued by Circle are fully backed by fiat dollars. We also focus on a Huobi Group subsidiary that has set up a Chinese Communist Party branch, as well as Bakkt, which has listed the reasons behind its move into bitcoin….

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ABC Wins Race to BCH Ticker (At Least on Huobi)

Over the past week, all eyes have been on the Bitcoin Cash (BCH) hardfork and the hash war between competing factions ABC and SV. Now, ABC has won the war on one major trading platform. According to an official tweet from Huobi Global, the ABC version of Bitcoin Cash has won the race for the…

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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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