FCA Lists Over 140 Non-authorized Crypto Exchanges
The Financial Conduct Authority (FCA), the United Kingdom’s financial markets regulator, has added several cryptocurrency exchanges to its list of non-authorized firms that customers “should avoid.” 143 new entities, including prominent exchanges such as Huobi-owned HTX and KuCoin, were added to the warning list. The warning list only states, “You should avoid doing business with […]
CZ Authorizes Binance Security to Track Huobi HTX Stolen Assets
HTX took a proactive stance to mitigate potential harm by providing a “white-hat bonus” equivalent to nearly $400,000, which constituted 5% of the funds that had been drained. Shortly after HTX, the cryptocurrency exchange formerly known as Huobi reported a hacking incident resulting in an $8 million loss, Binance CEO Changpeng “CZ” Zhao offered the […]
Huobi Amongst Other Crypto Exchange Lists PayPal USD
Following its launch 24 hours ago, the Paxos-issued PayPal USD (PYUSD) stablecoin has received advertisements from various crypto exchanges. Today, the Huobi exchange announced it would list the Stablecoin. The crypto exchange Huobi announced on August 8 that it would list the stablecoin PayPal USD (PYUSD), becoming the first exchange to proclaim support. The initial […]
Huobi generates $30 million profit in Q1 2023
Following its restructuring process, crypto exchange Huobi according to its de facto owner has made a $30 million profit during the first quarter of 2023. According to a post published on April 10 by Justin Sun, the de facto proprietor of cryptocurrency exchange Huobi Global, the company recorded $150 million in revenue and $120 million […]
Gala Games, Huobi collaborate on L1, Web3 development
Gala Games and Huobi Global have partnered to cooperate on the financing and listing of Web3 enterprises. A blockchain-based play-to-earn gaming platform called Gala Games has announced a strategic relationship with cryptocurrency exchange Huobi Global. On March 31, Huobi disclosed a collaboration with the gaming platform to advance the Web3 ecosystem in an official blog […]