Huobi – Page 4 – DIGIT INFO

Huobi delists 33 tokens in one day citing trading risk, low volume

Some tokens were delisted due to “severe violation of regulations.”

Huobi clarifies Korean operations: Two separate entities aiming at same market

The company confirmed that it has already broken all the ties with Huobi Korea, its former subsidiary in South Korea.

Huobi Korea Plans to Cut Ties With Parent Company, Strengthen Domestic Presence

According to a report from South Korea, the Korean subsidiary of Huobi Global is planning to cut ties with the parent company. The management of the trading platform stated that they plan to “strengthen its position” as a domestic cryptocurrency exchange and change its name. Huobi Experiences Significant Withdrawals as Subsidiary Huobi Korea Looks to […]

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Huobi Korea seeks to split from parent company, change its name: Report

Chairman Cho Kook-bong will also take over a majority of shares previously held by co-founder Leon Li.

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Huobi Layoffs Spark Controversy and Speculation, Justin Sun Claims Everything Is Fine

The cryptocurrency exchange Huobi is laying off 20% of its employees, according to multiple reports over the past two days. However, Huobi’s advisor Justin Sun, the founder of Tron, told the South China Morning Post that the layoff reports were untrue. A Huobi spokesperson later confirmed that the staff cuts are true and Huobi plans […]

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Huobi confirms 20% layoffs, denies insolvency rumors

Key Huobi execs, including Huobi Group CFO Lily Zheng allegedly left the company a few months ago following the new shareholders’ takeover.

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Doubts mount over Huobi’s future as harsh layoff rumors denied

Canceled bonuses, pay disputes, massive layoffs and a communication blackout has been claimed as part of the goings-on at the crypto exchange.

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Declining Interest Leads to Poor Market Performance for Ethereum Proof-of-Work Forks

After transitioning from proof-of-work (PoW) to proof-of-stake (PoS), the Ethereum community saw the launch of two new PoW Ethereum forks: ethereumpow and ethereumfair. In the past four months, the value of both coins has dropped by 94.8% to 98.4% in U.S. dollars. PoW Ethereum Forks Ethereumpow and Ethereumfair Suffer Significant Value Loss After Launch Since […]

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Three Countries Account for Nearly Two-Thirds of Africa’s Crypto Holders — Study

According to a new study, out of the estimated 55.3 million cryptocurrency holders that are spread among 33 African countries, three countries — Nigeria, South Africa, and Kenya — account for approximately 36.14 million or nearly two-thirds of this total. In contrast, the study found that Seychelles, which is home to several cryptocurrency exchanges, has […]

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‘Old money has all but fled,’ Huobi co-founder discusses challenges of running $400M VC fund

Jun launched the fund amidst the bear market this year and continues to invest in Web 3.0 companies.

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