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Huobi Korea ceases virtual asset trading, cites industry concerns

Huobi Korea implements upgrades and restrains some services for improved exchange. Huobi Korea to terminate local virtual asset services on Jan 29 due to industry concerns. Recent changes in ownership…

Huobi Token (HT) rises amidst increased trading volume

Huobi Token (HT) rises to a five-month high. Today’s surge has broken a 12-month downtrend. Daily trading volume for HT reaches $33.1 million, the highest in months. The native cryptocurrency of…

Huobi Global suffers $8 million hack

HTX (formerly Huobi Global) was hacked for $8 million as a hacker stole 5,000 Ether (ETH). Justin Sun confirmed the hack today, noting the exchange offered the hacker a 5%…

Huobi to list PayPal’s PYUSD stablecoin

Huobi plans to list PayPal USD (PYUSD), the stablecoin launched by PayPal.  Trading for PYUSD/USDT will open when liquidity conditions are met. Crypto exchange Huobi has announced it will list…

AltSignals outlook as Huobi insolvency rumours add to broader crypto lull

Justin Sun has dismissed the insolvency rumours as FUD. Amid the broader crypto market uncertainty, Bitcoin has retreated from the $30k level. Meanwhile, the AltSignals presale continues to attract investors…

Huobi co-founder buys 10 million Curve DAO tokens from Curve founder

The Curve founder had taken a $100 million DeFi stablecoin loan using his own CRV stash as collateral. Curve Finance was recently hacked causing the CRV token to depreciate significantly.…

Securities Commission Malaysia (SC) orders Huobi Global to stop operations

The securities commission said Huobi was operating in the country without registration. The exchange was ordered to disable its website and mobile apps. Huobi was also ordered to cease circulating,…

Huobi Launches the Dominica Metaverse Bound Token (DMBT)

SinMichael Wanggapore, Singapore, 22nd March, 2023, Chainwire Huobi, the virtual asset trading platform, has announced the launch of the Dominica Metaverse Bound Token (DMBT). The launch of DMBT is part…

Crypto exchange Huobi Global seeking license to expand in Hong Kong

The Chinese special administrative region is considering new licensing and regulations. Huobi wants to expand its businesses in Hong Kong to include retail investors. Huobi also plans to open a…

Binance and Huobi recover 121 BTC from Harmony bridge hackers

The Harmony bridge hack took place in June last year and over $100 million was lost 121 bitcoins have been recovered by Huobi and Binance security teams. The hackers were…