Huobi Fixes Cloud Storage Breach Risking Users’ Funds
Huobi, a major crypto exchange, fixed a data breach that exposed credentials to its AWS S3 buckets, putting users’ data and assets at risk since June 2021. According to white hat hacker and citizen journalist Aaron Phillips , the breach involved the exposure of credentials granting write privileges to all of Huobi’s AWS S3 buckets, […]
Huobi denies rumors of massive layoff
Rumors of canceled bonuses, pay disputes, and massive layoffs have stirred FUD among community members of the crypto exchange Huobi notwithstanding the fact that the rumors have been denied. Despite a Huobi counsel rejecting the reports, the community has advised customers to remove cash in response to rumors that the cryptocurrency exchange Huobi has fired […]
Huobi exchange suspends derivative trading in New Zealand
Huobi Global crypto exchange has suspended all forms of crypto derivative trading services for users in New Zealand. Bitcoin exchange The suspension of derivatives trading in New Zealand was announced by Huobi Global. According to a statement from Huobi, the additional limitations on derivative offerings are necessary to ensure local laws are being followed. Derivative […]
Huobi Global launches $1B DeFi, Web3 focused investment arm
Huobi Global has launched a new investment arm focused on decentralized finance (DeFi) and Web3 initiatives, demonstrating the growing interest in the blockchain economy among venture capitalists. According to a Huobi spokeswoman, the new investment arm, dubbed Ivy Blocks, has over $1 billion in crypto assets under control to deploy. The funds will be used […]