Tag: Huobi

Huobi Has Denied Allegations of Collapse While Confirming a 20% Layoff of Its Workforce

The Huobi cryptocurrency exchange has announced its intention to terminate the jobs of twenty percent of its staff as part of the continuous restructuring...

Cryptocurrency Exchange Huobi is Seeing Significant Amounts of Token Withdrawals

According to the data found on the chain, traders may have doubts about the viability of Huobi in the long run. In the previous...

Huobi will take HUSD off its list of cryptocurrencies

Huobi Global will take down the stablecoin HUSD, which is tied to the U.S. dollar, on October 28 and convert users' assets to Tether...

According to recent reports, Justin Sun and SBF could end up being the true buyers of Huobi Global

The controlling shareholders of Huobi Global had successfully completed transactions to sell their entire shareholdings to About Capital Management, a fund management firm based...

Huobi Global, a major cryptocurrency exchange, will be acquired by investment giant About Capital

Bitcoin exchange giant , Huobi Global, said late Friday that it had consented to be acquired by the M&A fund of Hong Kong-based investment...

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...