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Embattled Korean Crypto Exchange Bithumb May Be Acquired by Huobi

Embattled Korean Crypto Exchange Bithumb May Be Acquired by Huobi

As interest mounts up toward the acquisition of Bithumb, Huobi Global is named as one of the favorite candidates to take up ownership of the exchange.

Klaytn Adds Huobi to Growing Blockchain Governance Council

Klaytn Adds Huobi to Growing Blockchain Governance Council

Klaytn has announced that Huobi has signed on as the latest member of its Governance Council for South Korean internet giant Kakao’s public blockchain project.

Huobi Announces Plan To Launch A Fiat Gateway For Turkish Users

Huobi Announces Plan To Launch A Fiat Gateway For Turkish Users

At the Eurasia Blockchain Summit Istanbul, Huobi Global declared its ambition to launch a crypto trading platform for Turkey users which will start with Turkish Lira (TRY) / paring and which they hope will enable users to exchange more crypto assets with greater liquidity.

It is not just Liquidity, Huobi on Two Fair Metrics to Rank Crypto Exchanges

It is not just Liquidity, Huobi on Two Fair Metrics to Rank Crypto Exchanges

Ciara Sun, Head of Global Business Development & Partnerships at Huobi Group, has a wealth of experience in financial analysis, strategic consulting and corporate management from her previous roles with prestigious enterprises such as Boston Consulting Group, Deloitte Consulting and Ernst & Young. Sun sat down with Blockchain.News at the Blockshow Asia 2019 to discuss Huobi’s rising profile, China’s decentralized economy and what she considers fair metrics for ranking exchanges.

Huobi Global Announces it is Moving Out of China as Clampdown Intensifies

Huobi Global Announces it is Moving Out of China as Clampdown Intensifies

Huobi Global, one of the world’s largest digital currency trading platforms has announced it will gradually unwind its services in mainland China

HTX Hacker Returns Stolen Ether, Rewarded with Bounty

HTX Hacker Returns Stolen Ether, Rewarded with Bounty

The hacker who stole 5,000 Ether from Huobi Global's exchange HTX returned the funds on October 7, following a bounty offer from HTX. The exchange had offered a 5% bounty of the stolen funds if returned by an October 2 deadline. Upon the return of the stolen funds, the hacker was rewarded with a 250 ETH bounty, valued at approximately $410,000. The return of the funds and the bounty payout was publicly acknowledged by HTX adviser Justin Sun.

Regulatory Pressure and Operational Challenges: Huobi Faces Penalties, Hotbit Suspends Operations

Regulatory Pressure and Operational Challenges: Huobi Faces Penalties, Hotbit Suspends Operations

In an unexpected turn of events in the crypto industry, two cryptocurrency exchanges - Huobi Global and Hotbit - face substantial roadblocks.

Huobi Korea Wants To Separate And Change Name

Huobi Korea Wants To Separate And Change Name

Recently, the firm cut off 20% of its employees and disclosed a $6 million outflow. Reports say Huobi Korean chairman Cho Kook-bong will buy Li's stake.

Huobi Global Faces Mounting Challenges: Trademark Dispute, Legal Troubles, and Operations Suspension

Huobi Global Faces Mounting Challenges: Trademark Dispute, Legal Troubles, and Operations Suspension

Huobi Global, a prominent cryptocurrency exchange, is encountering significant challenges on multiple fronts, encompassing a trademark dispute, allegations of fraud against a key person, and an order to halt its operations in Malaysia.

Suspicious Transactions Linked to Mixin Network Hack Involve Huobi and Binance

Suspicious Transactions Linked to Mixin Network Hack Involve Huobi and Binance

Cyvers Alerts has discovered suspicious transactions linked to the recent Mixin Network hack. Two hacker addresses received 51 ETH from an account that had interactions with Huobi Global and Binance. The watchdog has called on these exchanges to help identify the suspicious account as part of ongoing investigations.

Huobi and Gala Games Form Partnership for Web3 Development

Huobi and Gala Games Form Partnership for Web3 Development

Cryptocurrency exchange Huobi Global has partnered with blockchain-based play-to-earn gaming platform Gala Games to invest in and list projects within the Gala ecosystem. The collaboration is expected to enhance Huobi's Web3 objectives and allow integration with Gala's layer-1 blockchain.

Mixin Network Urges Hacker to Return Funds, Offers $20M Bug Bounty

Mixin Network Urges Hacker to Return Funds, Offers $20M Bug Bounty

Mixin Network, compromised in a $200 million hack, has directly communicated with the hacker, offering a $20M bug bounty for the return of stolen assets. The transaction was confirmed on Ethereum block 18225451. Investigations by cybersecurity firms are ongoing, and the incident has led to debates about security measures in the crypto ecosystem.

Huobi Global Acquires Bitex To Expand Latin America in Market Share

Huobi Global Acquires Bitex To Expand Latin America in Market Share

Huobi Global is looking to expand its portfolio and strengthen its presence in Latin America following its acquisition of Bitex crypto exchange.

Huobi Global Moves its Central Operating Base to Gibraltar

Huobi Global Moves its Central Operating Base to Gibraltar

Huobi Global, one of the world’s largest digital currency trading platforms has announced the move of its operational headquarters to Gibraltar, a small British enclave in the Southern part of Spain.

Huobi Exchange Floats Investment Arm Ivy Blocks

Huobi Exchange Floats Investment Arm Ivy Blocks

Huobi Exchange, one of the largest trading platforms in the world has launched its investment arm, dubbed Ivy Blocks as it seeks to deepen its foothold in the growing Web3.0 ecosystem

Chinese Police Seize $14M in Crypto from Scammers Posing as Huobi Officials

Chinese Police Seize $14M in Crypto from Scammers Posing as Huobi Officials

The Chinese police arrested a crypto scammer gang in Wenzhou that reportedly swindled $14.3M in cryptocurrencies.

Crypto Exchange Huobi Plans to Reverse IPO in Hong Kong

Crypto Exchange Huobi Plans to Reverse IPO in Hong Kong

Cryptocurrency exchange Huobi has reportedly been planning a reverse initial public offering (IPO) according to a document revealed by the Hong Kong Stock Exchange (HKEX).

Huobi COO Reportedly Under Investigation, with $400M Sent to Crypto Exchange

Huobi COO Reportedly Under Investigation, with $400M Sent to Crypto Exchange

According to Chinese Media, crypto exchange Huobi Chief Operating Officer (COO) Robin Zhu was under investigation by the Chinese police.

Huobi Joins State-Backed Blockchain Alliance in China to Provide Blockchain Infrastructure Services

Huobi Joins State-Backed Blockchain Alliance in China to Provide Blockchain Infrastructure Services

In the first-ever Blockchain Service Network Partner Conference hosted by the National Information Center and Hangzhou Municipal People's Government in China, it was announced that cryptocurrency exchange Huobi has joined the Blockchain Services Network (BSN), an alliance initiated by the State Information Center (SIC).

China’s WeBank Makes its First Move to Take its Blockchain Global, Partnering with Singapore's OpenNodes

China’s WeBank Makes its First Move to Take its Blockchain Global, Partnering with Singapore's OpenNodes

China’s top digital bank WeBank has announced its partnership with Singaporean government-backed OpenNodes. This partnership will allow China’s FISCO BCOS blockchain platform to be brought to Singaporean academics for innovation and new initiatives. FISCO BCOS was deemed to be China’s version of Hyperledger Fabric when it was launched in 2018. The Financial Blockchain Shenzhen Consortium (FISCO) is backed by more than 100 Chinese organizations, including Huawei, Tencent, JD Finance, and WeBank, which is partly backed by Tencent. Developed by FISCO, the enterprise blockchain protocol was the first blockchain to be supported by China’s Blockchain Service Network.

World Economic Forum Releases GSMI Global Blockchain Standards

World Economic Forum Releases GSMI Global Blockchain Standards

The World Economic Forum (WEF) has released blockchain standards dubbed the Global Standards Mapping Initiative (GSMI).

Simplex Redefines the Fiat-to-Crypto/Crypto-to-Fiat Experience With the Launch of the Simplex Banking Solution

Simplex Redefines the Fiat-to-Crypto/Crypto-to-Fiat Experience With the Launch of the Simplex Banking Solution

Simplex Banking works alongside Simplex’s unparalleled partner network to overcome key barriers to greater crypto adoption by providing a global solution of crypto- friendly banking, offering local payment methods for a truly global reach.

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