Category: Huobi

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Russia Mulling Allowing Crypto for International Payments, Fed Vice Chair Sees Place for Digital Dollar, NFT Game Blocks Users in China + More News

  Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: Russia Mulling Allowing Crypto for International Payments, Fed Vice Chair Sees Place for Digital Dollar, NFT Game Blocks Users in China + More News  Read more »Pay, Trade, Buy…
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Huobi Global Acquires Latin American Crypto Exchange Bitex

The digital currency exchange Huobi Global has revealed it has acquired Bitex, a Latin American crypto platform that operates in Argentina, Chile, Paraguay, and Uruguay. Huobi details that the company is stepping up its presence in Latin America as it believes the region will be one of the most active crypto adoption areas worldwide. Huobi…
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A New Terra Network Is Coming With Support From Major Exchanges, LUNA and UST Holders Eligible for Airdropped Tokens

According to a recent announcement from the Terra blockchain team, the community voted and passed a proposal that plans to launch a new genesis version of the Terra blockchain without an algorithmic stablecoin. The governance proposal called “Terra Ecosystem Revival Plan 2” has been amended and the final release of the new Terra Core codebase…
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Bitcoin Held on Trading Platforms Continues to Drop Lower, Over 68% of the Total Held by 5 Exchanges

Amid the market carnage tied to Terra’s recent fallout, bitcoin sent to exchanges saw a brief spike on May 7, jumping more than 2% higher from 2.481 million to 2.532 million bitcoin. Despite the recent increase of bitcoin sent to trading platforms, the number of bitcoins on exchanges today remains lower than ever before. Bitcoin…
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Bitcoin & Gold ETP, Decentralized Autonomous Billions, Bybit’s Options + More News

  Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: Bitcoin & Gold ETP, Decentralized Autonomous Billions, Bybit’s Options + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card

How the Crypto Industry is Increasingly Paying Its Share of Tax

  Crypto is now a billion-dollar industry. While reports covering the entire sector are patchy and overly conservative, filings from individual companies speak to the growing scale of crypto, with Coinbase and Blockchain.com alone generating USD 7.35bn and USD 1.5bn in revenue in 2021, respectively…. Read More: How the Crypto Industry is Increasingly Paying Its…
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Visa’s NFT Move, Shiba Gets Own DEX, Polygon ID, Huobi ETFs in Hong Kong + More News

  Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________ ____(Updated at 15:44 UTC with the Blockchain news section.)… Read More: Visa’s NFT Move, Shiba Gets Own DEX, Polygon ID, Huobi ETFs in Hong Kong + More News  Read more »Pay,…
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Axie Infinity’s Ronin Hack Exposes Risks of Proof-of-Stake and Centralization – Analysts

  The recent hack of Axie Infinity’s Ronin bridge reveals how proof-of-stake (PoS) chains still struggle with a fundamental flaw in their design, with speed and energy efficiency prioritized over security, an analyst at crypto exchange Huobi has said…. Read More: Axie Infinity’s Ronin Hack Exposes Risks of Proof-of-Stake and Centralization – Analysts  Read more…
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Florida’s Crypto Plan, Crypto.com Scores World Cup, Grayscale’s Ex-Ethereum Fund + More News

  Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________ ____(Updated at 19:50 UTC with the announcement from FIFA.)… Read More: Florida’s Crypto Plan, Crypto.com Scores World Cup, Grayscale’s Ex-Ethereum Fund + More News  Read more »Pay, Trade, Buy Bitcoin with…
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ETH Continues to Leave Trading Platforms, Ethereum Balance on Exchanges Lowest in 3 Years

While the second-largest crypto asset by market cap has gained more than 15% in value against the U.S. dollar during the last week, the number of ethereum stored on exchanges has dropped significantly during the last few weeks. In less than two years, more than 29% of the ether held on exchanges has left centralized…
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