Report: Hong Kong-Based Asset Management Firm Acquires Controlling Stake in Asian Crypto Exchange Huobi

Li Lin’s controlling stake in Huobi, one of Asia’s largest cryptocurrency exchanges, was recently acquired by About Capital Management for an undisclosed sum. Huobi’s acquisition by the Hong Kong-based asset management firm came shortly after the crypto exchange had exited the Chinese market. Lin’s Arrest in 2020 a Key Event for the Huobi Founder The […]

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Crypto Exchange Okx Blocked by Russia’s Telecom Watchdog

Crypto Exchange OKX Blocked by Russia’s Telecom WatchdogRussian media and communications regulator, Roskomnadzor, has restricted access to the website of a major cryptocurrency exchange, Okx. The trading platform was one of those that did not restrict access for Russians amid sanctions that affected the industry’s business in Russia. Okx Blacklisted on Request From Russian Prosecutor’s Office for Disseminating Banned Information Russia’s Federal […]

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Study: Number of People Working in Blockchain Industry Went up by 76%, Large Gap in Demand for Technical Talent Exists

The number of people working in the blockchain industry went up by 76% year-on-year as of June 2022, a study undertaken by the professional networking platform Linkedin and the crypto trading app OKX has found. The study also found there is “a large gap in demand for technical talent in the global blockchain talent pool.” […]

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Dubai Regulator Grants Crypto Trading App OKX License to Extend Services in the UAE

The Seychelles-based crypto trading app, OKX, recently became the latest virtual assets service provider to be granted a provisional licence to provide its services in the United Arab Emirates (UAE). The provisional licence allows OKX to extend certain exchange products and services to pre-qualified investors and financial service providers. OKX Allowed to Extend Certain Exchange […]

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