HUSD developers explained the reason for the loss of the peg of the stablecoin to the dollar

Aug 20, 2022

HUSD developers explained the reason for the loss of the peg of the stablecoin to the dollar

The team reported that the loss of parity was caused by the closure of market maker accounts in some regions

Huobi founder began negotiations to sell his stake for $3 billion

Aug 12, 2022

Huobi founder began negotiations to sell his stake for $3 billion

According to Bloomberg, among the possible buyers are the head of the FTX crypto exchange Sam Bankman-Fried and the founder of the TRON blockchain platform Justin Sun

Crypto exchange Huobi announces the terms of support for Ethereum hard forks

Aug 8, 2022

Crypto exchange Huobi announces the terms of support for Ethereum hard forks

Coins of new projects will be placed on the platform subject to compliance with security requirements

Huobi subsidiary receives FinCEN license

Jul 6, 2022

Huobi subsidiary receives FinCEN license

The MSB license will allow it to operate as a fiat currency exchange in the United States

Colin Wu: Huobi co-founder to sell his stake in the company

Jul 2, 2022

Colin Wu: Huobi co-founder to sell his stake in the company

The journalist added that the crypto exchange’s revenue plummeted after users from China were blocked and part of employees were laid off

Crypto exchange Huobi to cut staff by 30%

Jun 28, 2022

Crypto exchange Huobi to cut staff by 30%

After blocking Chinese users in 2021, the company’s revenues dropped significantly

Huobi co-founder launched a $400 million fund to support crypto projects

Jun 17, 2022

Huobi co-founder launched a $400 million fund to support crypto projects

Investments will be directed to blockchain startups and the development of applications with the potential for mass adoption

Crypto exchange Huobi to close unit in Thailand

Jun 16, 2022

Crypto exchange Huobi to close unit in Thailand

The platform’s representatives urged customers to withdraw funds before July 1

Huobi bought Latin American crypto exchange Bitex

May 26, 2022

Huobi bought Latin American crypto exchange Bitex

The company intends to expand its influence in the region, while the local platform will retain the brand and continue to operate independently

Binance and Huobi crypto exchanges supported the launch of the Terra 2.0 network

May 26, 2022

Binance and Huobi crypto exchanges supported the launch of the Terra 2.0 network

Binance is already cooperating with the developers of the affected blockchain ecosystem to work on a recovery plan

Huobi Global will raffle 1 million USDT in honour of International Women’s Day

Mar 8, 2022

Huobi Global will raffle 1 million USDT in honour of International Women’s Day

The promotion aims to increase women’s activity in the blockchain and cryptocurrency industry

Hong Kong-based Huobi Tech launches over-the-counter cryptocurrency market

Mar 3, 2022

Hong Kong-based Huobi Tech launches over-the-counter cryptocurrency market

Huobi Technology aims to become the leading universal platform for virtual assets