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Huobi Focuses on Expansion, Sponsors Contest to Send One Winner Into Space

“In terms of user growth, we’re seeing increasing activity across Southeast Asia and the CIS [Commonwealth of Independent States] region. We only recently launched operations in Latin America, but the region is also showing a lot of promise,” Jeff Mei, Director of Global Strategy at Huobi Group, told CryptoX. Source

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Huobi trials NFT marketplace to further GameFi and metaverse strategy

Huobi Group, the company operating one of the world’s largest cryptocurrency exchanges, is launching its own nonfungible token (NFT) marketplace, following in the steps of other major crypto exchanges.Huobi has rolled out a trial for Huobi NFT, an NFT marketplace allowing users to buy and trade NFT artwork and collectibles

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Huobi closes crypto derivatives as part of wind-down for Chinese traders

Major cryptocurrency exchange Huobi ended futures and other derivatives trading in mainland China on Friday, as planned.Earlier this month, the cryptocurrency exchange announced on its website that it would settle all futures contracts and other derivatives activities for all Chinese consumers on Friday as part of the larger plan to

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Huobi Ventures and Republic Team Up on Cross-Border Crypto Accelerator — CoinDesk

“Liquidity support from the centralized exchange has always been seen as a critical milestone for crypto startups,” said Unica Yin, Investment Director of Huobi Ventures, in a statement. “Through the collaboration with Republic from an accelerator perspective, we envision that this would provide the comprehensive support to the project throughout

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Huobi a Loser in China Crackdown, Bitcoin Futures Market Suggests — CoinDesk

Arcane Research, a Norwegian cryptocurrency-analysis firm, wrote Tuesday in a weekly report that the Huobi futures contract had previously been one of the most important for bitcoin’s price discovery. “So these developments will present some interesting structural changes in the market onwards,” according to the report. Source

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China’s Ban On Crypto-Assets Forces Huobi Mining Pool To Rotate 100k Bitcoin

The Chinese crackdown on mining activities has awakened a lot of decisions and actions. Many miners are already trooping to the US, the new mining hub, to continue their operations. Recently, the NDRC (National Development & Reform Commission) in China seized more than 10,000 mining rigs in Inner Mongolia. The report

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