Category: Huobi

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Huobi Exchange Partners With UAE Real Estate Firm to Enable Crypto Payments

Singapore-based crypto exchange Huobi partnered with a real estate firm in the UAE to offer secure crypto payment options for its real estate investors. Major cryptocurrency exchange Huobi has partnered with a real estate firm in the United Arab Emirates (UAE) to allow real estate investors to pay in cryptocurrencies. The Singapore-based crypto exchange has…
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BitMEX Ends Year With Additional 13K BTC in Its Insurance Fund, Up 61%

BitMEX’s insurance fund now holds nearly 0.2% of all Bitcoin in circulation after growing 61% in 2019, but what exactly is it for? The BitMEX Insurance Fund has added nearly 13,000 BTC in 2019, reaching a total of just over 33,491 BTC as of Dec. 30. This is equivalent to 0.19% of the total Bitcoin…
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IOTA Fixes Issue After Freezing Mainnet Transactions for 24 Hours

Users of IOTA, the 24th biggest crypto by market cap, were unable to confirm transactions for 24 hours due to a mainnet incident on Dec. 29. Users of IOTA, the 24th biggest cryptocurrency by market cap, were unable to confirm transactions for 24 hours due to a mainnet incident on Dec. 29. According to an…
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Huobi Indonesia Launches Trading Between Indonesian Rupiah and Tether

Cryptocurrency exchange Huobi is launching a local gateway in Indonesia to enable fiat-to-crypto trading between the Indonesian Rupiah and Tether. Cryptocurrency exchange Huobi is launching a fiat gateway in Indonesia to enable fiat-to-crypto trading between the Indonesian Rupiah (IDR) and Tether (USDT). In a Dec. 27 press release, the Huobi Group announced that the launch…
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Japanese Financial Services Firm Invests in Crypto Exchange Huobi Japan

Financial services firm Tokai Tokyo Financial Holdings will invest about 500 million Japanese yen (nearly $4.6 million) in crypto exchange Huobi Japan. Japanese financial services firm Tokai Tokyo Financial Holdings will invest about 500 million yen (nearly $4.6 million) in the Japanese branch of cryptocurrency exchange Huobi. According to a press release on Dec. 26,…
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Huobi Scores Ex-Deloitte Audit Exec as New General Manager for Turkey

Huobi completes its executive team in Turkey by appointing ex-Deloitte exec Alphan Gogus as the new general manager. Global crypto exchange Huobi completes its executive pursuit in Turkey by appointing Alphan Gogus, a veteran in crypto and finance, as the new general manager for Huobi Turkey. A new manager for a growing market Global crypto…
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Huobi’s US-Based Crypto Trading Platform HBUS Ceases Operations

HBUS, the operator of United States-based crypto exchange Huobi.com, is ceasing its operations. HBUS, the operator of United States-based crypto exchange Huobi.com, is ceasing its operations, according to a tweet posted on Dec. 9. San Francisco-based cryptocurrency trading platform HBUS said in the announcement: “We regret to inform you that HBUS will need to cease…
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Huobi Chain Blockchain Completes Planned Open Source Developer Rollout

Huobi Chain on schedule for Q2 2020 mainnet launch, encouraging regulators to participate in the innovation of financial services. Cryptocurrency exchange Huobi has open-sourced the development of its Huobi Chain blockchain, the company has confirmed. In a press release shared with Cointelegraph on Nov. 12, Huobi said that Huobi Chain, which it unveiled in June,…
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Huobi Global to Freeze US Customer Accounts by Mid-November

Cryptocurrency exchange Huobi Global has announced that it will freeze all United States-based customers’ accounts on Nov. 13. Cryptocurrency exchange Huobi Global has announced that it will freeze all United States customers’ accounts on Nov. 13. In a blog post on Nov. 3, Huobi stated that its user agreement expressly prohibits customers in the U.S.…
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The Curious Case of AT&T, Seth Shapiro’s SIM Card and a Stolen $1.8M

Two AT&T employees have been accused of indulging in illegal SIM swap-related activities. Cointelegraph spoke with Seth Shapiro. Over the past week, the global crypto community bore witness to a unique case wherein California resident and blockchain entrepreneur Seth Shapiro filed a lawsuit against American telecom giant AT&T — alleging that a couple of the…
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