Huobi – Page 14 – DIGIT INFO

Huobi imposes 24 hr crypto withdrawal delay to dampen speculation

The exchange’s decision aligns squarely with Beijing’s ongoing and multi-pronged crackdown on the country’s cryptocurrency investors in its attempt to prevent both capital outflows and volatility in the crypto sector.

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Huobi Prohibits Chinese Residents From Leveraging Cryptocurrency Derivatives

The Seychelles-based cryptocurrency exchange originally founded in China, Huobi, has officially banned Chinese residents from swapping cryptocurrency derivatives, according to the company’s revised user agreement. China is now listed as prohibited and residents from the country are forbidden to use Huobi’s service. Chinese Citizens Are Now Banned From Huobi’s Crypto Derivatives Products The digital currency […]

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Huobi bans crypto derivatives trading for users in China

Chinese users will no longer be able to trade crypto derivatives on the Huobi exchange amid a broader cryptocurrency crackdown from the government.

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Despite BTC’s Price Drop, Bitcoin Held on Exchanges Is 28% Lower Than Last Year

While the price of bitcoin is more than 40% lower than it was 90 days ago on March 29, the number of bitcoin held on exchanges has also been reduced. Last year on the same day in June, 2.79 million bitcoin was retained on crypto trading platforms and a year later roughly 28.67% of the […]

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Data shows derivatives had little to do with Bitcoin’s drop to $29K

Bitcoin price shocked investors as it plunged 20% to a 6-month low, but data shows derivatives played a marginal role in the correction.

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Korean Exchanges Delist High-risk Coins as They Face Tough Regulations

Crypto trading platforms in South Korea are delisting certain digital currencies as they move to comply with stricter rules for the industry. The trading of some high-risk coins has been either halted or completely suspended on several Korean exchanges this week. South Korean Exchanges Wipe Trading Lists of Risky Digital Assets Trying to meet Seoul’s […]

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Crypto exchange Huobi has reportedly stopped letting new users trade derivatives

Chinese journalist Colin Wu speculated that the move from the crypto exchange would likely drive users to Binance for higher leveraged trades.

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More Than 5 Million in Ethereum Worth $13 Billion Rests in the Eth2 Staking Contract

Statistics now show the Eth2 deposit contract has more than 5.2 million staked ether worth over $13 billion locked into the smart contract. The contract launched on November 4, 2020, and three weeks later, the contract met the required threshold to initiate the Beacon Chain. It’s not cheap to become a validator these days, as […]

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Bitcoin Mining Operations Btc.top and Hashcow Cease Offering Services in China

Following some stern warnings from a few major trade associations and regulators in China, two prominent exchanges, Huobi and Okex, have stopped offering services to Chinese residents. After the two exchanges halted specific services to residents of mainland China, two bitcoin mining operations have also abandoned the country on Monday. Btc.top and Hashcow have suspended […]

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Amid Stern Warnings from China Crypto Firms Huobi and Okex Halt a Few Services

On Friday, the cryptocurrency community discussed a report stemming from China’s 51st meeting of the Central Financial and Economic Affairs Commission that reiterated warnings about bitcoin mining. The following Sunday, reports disclosed the cryptocurrency operation Huobi has suspended its cloud-mining operations and other crypto services to customers in mainland China. Rumors of China and Bitcoin’s […]

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