Huobi
Former Huobi Executive Floats New Cryptocurrency Exchange in Singapore
It would seem that tech entrepreneurs like James Ju aren’t put off by the current state of the cryptocurrency market, so much so that he has rounded up a group of investors to fund his latest venture of opening a crypto exchange. Ju, who worked as the Chief Technical Officer at Huobi, recently announced that he would […]
Huobi Launches Multi-Stablecoin HUSD
For some, perhaps the only thing better than a stablecoin is a universal stablecoin – one that’s usable wherever stablecoins are accepted. That’s what Huobi has launched in its new HUSD token, which supports four major stablecoins: Gemini Dollar, Paxos Standard, USDCoin, and True USD. The function is simple enough – by holding HUSD, users […]
Cryptocurrency Exchange Huobi Creates Communist Party Committee in China
Huobi Group has created a Communist Party committee, making it the first blockchain based company to do so in China, the South China Morning Post reports. The committee was created through a Huobi subsidiary called Beijing Lianhuo Information Service, which was registered as a business earlier this year, owned by Li Lin, the founder of Huobi. […]
Crypto Exchange Huobi Dismisses 6 of Its 10 Employees in Brazil: Report
Major cryptocurrency exchange Huobi has recently dismissed 60% of its workforce in Brazil, a country it entered a few months ago. While the motive behind the move is currently unclear, competition in the country could be the culprit. According to local news outlet Portal do Bitcoin, Huobi Brazil’s CEO Frank Tao confirmed over the phone that […]
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