Tag: Huobi

Huobi receives a license in the British Virgin Islands, although the UK is not yet on the schedule

Huobi, a major cryptocurrency exchange, has entered the British Virgin Islands, a British Overseas Territory, as part of its ongoing global expansion. Huobi formally declared...

Huobi Clarifies What Went Wrong With HUSD Following Stablecoin’s Comeback

Crypto exchange Huobi gave users assurance that the short-term liquidity issue had been fixed after restoring the dollar peg for the HUSD stablecoin. HUSD began...

Sam Bankman-Fried, CEO of FTX and Justin Sun, Founder of Tron reportedly want to take charge of Huobi

Leon Li, the founder of the cryptocurrency exchange Huobi Global, is in talks to sell approximately 60% of his stake in Huobi, which represents...

Chinese founder of Huobi wants to sell a stake for more than $1 billion, according to Bloomberg

According to Bloomberg News on Friday, the founder of China's Huobi Group, which operates one of the largest cryptocurrency exchanges in the world, is...

Huobi Founder Seeking Exit Following Massive Layoffs

Following reports that Seychelles-based cryptocurrency exchange Huobi was considering massive layoffs, there is yet another repercussion. Li Lin, the exchange's founder, is reportedly looking...

Huobi Global may reduce employment by more than 30% as a result of the crackdown in China

From its more than 1,000 personnel workforce, Huobi is anticipated to eliminate at least 300 positions. After China's prohibition on cryptocurrency trading, it started...