Huobi stops operation in Beijing China
Huobi’s has resolved to dissolve its China-based entity in Beijing. According to the company, “since this corporation has not had any business operations, it is unneeded and has asked for cancellation.” According to publicly available papers, shareholders in the Chinese corporation that was created to operate cryptocurrency exchange, Huobi have decided to liquidate the entity. […]
Twice as shy: Huobi’s NFT platform accused of two infringements in a day
The issue of plagiarism and intellectual theft seems to be on the rise, Huobi’s NFT trade zone has been accused of two different copyright breaches on entertainment star projects. The NFT trade and exchange platform of Huobi has been accused of two breaches in a row on projects involving celebrities. Huobi has been informed that […]
OpenOcean announces partnership with Huobi Ventures
Huobi has made a strategic investment with the world’s leading DeFi and CeFi aggregator OpenOcean. OpenOcean also stated that it is working on incorporating new DeFi protocols, such as Polygon. Huobi Ventures Blockchain Fund has made a strategic investment in OpenOcean, a pioneering full aggregator that facilitates interoperability across different networks. Following the funding, OpenOcean will collaborate closely with the Huobi Global ecosystem to develop new DeFi and CeFi products. Users will benefit from the […]
To reduce speculation, Huobi Crypto withdrawals: Huobi imposes a 24-hour hold to limit speculation
Huobi’s move is in line with Beijing’s multi-pronged crackdown against cryptocurrency investors in the country. The move is a setback for all Huobi users, who will be unable to withdraw their tokens for up to 36 hours if the exchange’s risk assessment system deems them to be particularly at risk. The move is part of […]
Huobi bans crypto trading for its Chinese users
Huobi exchange has stated that users in China will no longer be able to trade crypto derivatives on the platform Huobi, a cryptocurrency exchange platform, has revised its user agreement contract to prohibit consumers in China from trading crypto derivatives. The restriction on crypto derivatives trading, according to the Huobi Global website’s amended user agreement […]