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AscendEX reopened after $80m hack, Huobi suffers key personnel departures, and government officials punished for mining activities – Cointelegraph Magazine

boss Exchanges, News

This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations.  Limping out of 2021Last week we thought we had hit rock bottom for Chinese exchanges, as Bitmart was on

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Cryptocurrency Exchange Huobi Global to Leave China This Month – Bitcoin News

boss Exchanges, News

Digital asset exchange Huobi Global has revealed its intention to exit the Chinese Market. The crypto trading platform with Chinese roots said it will stop processing transactions for existing users on the mainland by the end of the year. Huobi Global Halts Services in the People’s Republic Crypto exchange Huobi Global

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Huobi Research Report ‘Taper Landed’ Paints Bleak Picture for Cryptocurrency Assets – Markets and Prices Bitcoin News

boss Exchanges, News

A report issued by the Huobi Research Institute, the investigative arm of the Asian exchange, examines the effect that upcoming changes of U.S. Federal Reserve policy could have on the price of cryptocurrencies. The report, titled “Taper Landed: The Turning Point of The Cryptocurrency Market is Coming,” states that due

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Huobi to halt services in Singapore after China exit

boss Exchanges, News

Huobi Global, one of the world’s largest cryptocurrency exchanges by trading volumes, is winding down operations in Singapore shortly after exiting China.Huobi will have shut down accounts of all Singapore-based users by the end of March next year, the company officially announced late Tuesday.All Huobi clients based in Singapore should

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Huobi Group is moving to Gibraltar following China crackdown

boss Exchanges, News

Huobi Group, a Bitcoin (BTC) technology firm established in 2013, is relocating its spot-trading business to Gibraltar as a precautionary measure following China’s cryptocurrency clampdown.According to a report by Bloomberg, the Gibraltar Financial Services Commission has authorized Huobi to begin moving its spot-trading operations to affiliate Huobi Technology (Gibraltar) Co.

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