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According to a research by blockchain analytics firm Inca Digital, popular crypto exchanges Huobi and KuCoin have been criticized for not adhering with sanctions placed on Russia as a result of its invasion of Ukraine.
According to the statement shared by News1, Huobi Korea will change its name to divorce itself from Huobi Global, as they have been facing a lot of problems due to domestic regulations.
According to the statement shared by News1, Huobi Korea will change its name to divorce itself from Huobi Global, as they have been facing a lot of problems due to domestic regulations.
A company spokesperson told news agency Reuters that Huobi had a "planned layoff ratio" of about 20%.
After initially pausing the switch to consulting contracts and payment in crypto, Huobi has revived it and the changes were implemented in mid-February, two of the people said.
It is usually not possible to buy alternative cryptocurrencies such as Huobi Token directly using US dollars.
Source: https://www.dailypolitical.com/2023/01/20/huobi-token-ht-24-hour-volume-hits-11-40-million.html
One Huobi Token token can now be purchased for approximately $4.78 or 0.00027893 BTC on exchanges.
Source: https://www.dailypolitical.com/2023/01/08/huobi-token-ht-price-tops-4-78-on-major-exchanges.html
Other crypto firms that previously revealed plans to set up a base in the city include Australian crypto exchange Independent Reserve and Huobi.
Over the last seven days, Huobi Token has traded 8.2% lower against the US dollar.
Sun, who only joined the Huobi team last year to help…
The net inflows into Huobi Global dropped on a 24-hour, weekly as well as monthly basis.
The virtual currency market is gaining momentum (according to the top 3 of them growing fast are Huobi Token, Dogecoin, and Arweave), so this is a great opportunity.
Source: https://www.eyeonannapolis.net/2023/01/how-safe-are-ewallets-how-to-protect-your-ewallet/
What's more, together with just 7 other exchanges – OKX, Coinbase, Upbit, Bybit, KuCoin, Huobi, and Kraken, it now accounts for almost 90% of all crypto trading.