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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied A large amount of Solana has been purchased on Huobi, preceding the landmark decision by the Hong Kong government to allow citizens to buy crypto starting June 1st. Cryptocurrency trader and influencer “MartyParty” tweeted about significant
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Cryptocurrency exchange platform Huobi has announced the launch of Huobi HK, an initiative that aims to provide cryptocurrency trading services to users in Hong Kong. According to the announcement on May 29, the platform aims to provide
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The Malaysian SC has urged the local investors to immediately cease trading via Huobi Global, withdraw their investments, and close their accounts. A leading centralized crypto firm Huobi Global Limited and its Chief Executive Officer Leon Li have been accused of operating a digital asset exchange in Malaysia without registration. As
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The Malaysian Securities Exchange (SC) has hammered down crypto exchange Huobi for allegedly failing to register correctly. Huobi has been urged to cease operations in the region entirely. Having put the Huobi crypto exchange on its
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The country's regulator told CEO Leon Li to ensure the website and mobile apps are disabled. Source
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Crypto exchange Huobi is now one of the bigger withdrawers from the ethereum (ETH) staking contract, having pulled out over 50,000 ETH. The exchange, however, started redepositing it from another wallet. So far it has returned
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Following its Q1 2023 profit, Huobi expects an even bigger net income haul of $110 million for the second quarter. Crypto exchange Huobi reportedly made a tidy $30 million in profit for Q1 following a restructuring. The Seychelles-based company’s return to profitability came after cutting down its workforce and benefits accruable
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Crypto exchange Huobi Global has recorded a profit of $30 million in the first quarter of 2023. Justin Sun, Tron founder and Huobi Global advisor, expects profits to rise fourfold in Q2, following measures implemented to reduce costs and boost efficiency. Sun announced that the exchange generated $150 million in revenue
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According to an Apr. 10 post by Justin Sun, the de facto owner of cryptocurrency exchange Huobi Global, the firm recognized $150 million in revenue during Q1 2023 compared to $120 million in expenditures, resulting in a net income of $30 million. Sun says that "a large number of measures
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Justin Sun has denied the rumors of a proposal to crypto exchange Binance for acquiring his part of the stake in Huobi Global. Sources familiar with the matter said that the world’s largest crypto exchange Binance recently turned down an offer to acquire Justin Sun’s ownership in crypto exchange
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