Cryptocurrency Analysis and News Portal
Cryptocurrency exchange Huobi is celebrating its 10th anniversary with a controversial marketing move — the firm is rebranding from “Huobi” to “HTX,” echoing the name of the bankrupt exchange FTX.Huobi officially announced its rebranding on Sept. 13, renaming the company to the new global brand, HTX. The new naming stands for
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Cryptocurrency exchange Huobi has seen outflows worth $64 million between Aug. 5-6, amidst ongoing rumors about its solvency and that Chinese authorities were investigating its executives. Outflows over the weekend resulted in the exchange's total value locked (TVL) falling to $2.5 billion at the time of writing, down from $3.09
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Huobi’s HT token, the native token of the cryptocurrency exchange, momentarily dropped 93% on Thursday for reasons that are unclear. Source
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Speculation on Twitter that crypto exchange Huobi has laid off staff and shuttered internal communications have prompted the community to advise users to withdraw funds, despite an advisor to the exchange denying the rumors. In a Jan. 5 tweet, Huobi advisor Justin Sun addressed rumors of purported insolvency saying the
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Crypto prices rise: Bitcoin (BTC) was recently trading up 1.5% to $16,400, while ether (ETH) gained 4.3% to $1,220. Despite major assets rebounding from Monday’s fall, traders are trying to find out “which parts of the cryptoverse are about to break,” Edward Moya, senior market analyst for foreign exchange market
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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. It was a quiet week in the mainland as much of the Chinese crypto community was either lying low,
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Public blockchain Nervos has been trying to become China’s answer to Ethereum, especially when it comes to the decentralized finance (DeFi) sector. Soon it will finally have a key element in that quest: the blockchains’ first dollar-pegged stablecoin, HUSD, issued by Huobi-backed Stable Universal Limited.This is also the first blockchain
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Huobi Group has rebranded its cryptocurrency derivatives exchange platform Huobi DM to Huobi Futures.According to the announcement from spokesperson and head of Huobi global business Ciara Sun the new name of the exchange is to signify the growth of the nascent industry into one that is now garnering the interests
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Huobi University, the research and education arm of cryptocurrency exchange Huobi, announced its collaboration with the University of Gibraltar on various blockchain initiatives.On Sept. 5, Houbi Group, the parent company of both Huobi University and Huobi exchange, announced what the firm describes as its “first formal collaboration with a
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