Huobi replied to the concerns over fake reserves snapshot

Huobi released a ‘Work Report on Asset Transparency.’ As per the report, Wu Blockchain covered a piece of news that led to raising concerns of the users. On Sunday, Wu Blockchain, a crypto news provid...

Huobi, Gate.io, Crypto.com see spikes in flow to FTX

The full consequences of the FTX fallout are still unknown. As FTX, its U.S. subsidiary, and Alameda Research all filed for bankruptcy protection, it could be months before the public gets to see what...

Huobi Unable to Withdraw $13.2M in Customer Funds From FTX

Huobi subsidiary Hbit has revealed that it has $18.1 million on FTX, which it cannot recover. $13.2 million were customer funds, which it will cover through an unsecured loan of up to $14 million. Huo...

Crypto Mogul Leon Li’s Firm Has $18 Million Stuck On Sam Bankman-Fried’s Bankrupt Exchange

Leon Li, founder of Huobi Group and chairman of New Huo Technology. South China Morning Post via Getty Images New Huo Technology, a Hong Kong-listed digital asset services provider controlled by Chine...

Huobi Asset Transparency Report Reveals $3.5B in Crypto Holdings

Huobi Global, once China’s top crypto exchange, published an asset transparency report on Sunday to reassure users that its funds remain safe. As of Nov. 12, there were 191.84 million Huobi toke...

Huobi addresses concerns raised surrounding fake reserves ‘snapshot’

Huobi has addressed the concerns raised as a result of Wu Blockchain’s tweet that highlighted over 10,000 ETH being moved out of the Huobi 34 wallet. Huobi explained that a part of the publicized addr...

Huobi Reveals its Holdings to be $3.5B in Hot and Cold Wallets

The tension that arose in the crypto space due to the fallout of the FTX exchange has brought about the need for crypto exchange platforms to become transparent as regards their financial position. Hu...

FTT Crashes 9% Following Binance and Huobi Suspension of its Deposits

At least two crypto exchanges, Binance and Huobi, have blocked the deposits of FTT after 192 million tokens were released into circulation, contrary to the schedule. FTT tokens are usually released in...

Huobi & Gate.io Cheats With Forged Assets Screenshots

FTX events have depleted trust among crypto investors. To gain trust among investors, exchanges showcase screenshots of their assets. Crypto.com, Huobi, and Gate.io all showcase forged screenshots, an...

Huobi reports on asset transparency, totals $3.5 billion in hot and cold wallets

Huobi disclosed balance details of its hot and cold wallets, revealing a total value of about $3.5 billion. The Seychelles-based crypto exchange said it holds 32,000 bitcoins, 274,000 ether, 820...

Huobi and Gate.io under fire for allegedly sharing snapshots using loaned funds

To counter the rising mistrust among crypto investors following the FTX collapse, crypto exchanges unanimously decided to share proof of reserve with the public as a way to showcase legitimacy. Howeve...

Justin Sun tells how much he spent to buy Huobi

Just a few weeks ago, Justin Sun purchased Huobi, and ever since then, he has been quite active on Twitter, sharing information about significant developments that have occurred in the firm since he g...

Huobi Token Going Down the Hill! Snowfall Protocol & Fei USD Are the Talks of Town!

Understanding cryptocurrency is crucial, despite its difficulty. Adaptability is necessary for a changing environment. The terms “ICO,” “Ethereum,” “Bitcoin,” “blockchain,” and “exchanges” are all use...

Crypto trading firm GSR will cover client losses from FTX collapse, will no longer trade on Huobi

Crypto trading firm GSR told employees that the firm has no exposure to Alameda Research and “manageable exposure” to FTX following the crypto exchange’s collapse. “We re...

Find Here The Important Notice from Huobi Global on GALA Incident

One of the leading cryptocurrency exchanges, Huobi Global, released an important notice and gave its statement on the GALA incident, on November 06, 2022. The crypto exchange responds to pNetwork̵...

Gala token exploit ‘not a white hat act’: Huobi Global

Days after GameFi project Gala Games and decentralized finance (DeFi) protocol pNetwork assured its community that everything was fine, crypto exchange Huobi Global came out with its version of the st...

Huobi Announces Free Trading for XRP, ADA, And LUNC

– Advertisement – Huobi follows other top exchanges to launch free trading. Huobi has announced a limited-time zero fee trading for select assets, including Ripple (XRP), Terra Classic (LU...

Huobi Exchange in Huge Losses After pNetwork Delays the White Hack Attack Communication – crypto.news

Huobi and the pNetwork Team clash over a GALA coin smart contract vulnerability following a white hack execution by pNetwork that resulted in losses for the exchange.  Huobi Count Losses via pNetwork ...

Huobi alleges pNetwork made over $4M from its Gala ‘white hat attack’

Huobi has alleged that the GALA incident was not a white hat operation as pNetwork claimed, but an attack that gave the protocol a $4.5 million profit. According to the exchange, there were other “pre...

Kucoin, Huobi, Gate.io Crypto Offers for November 2022 – crypto.news

Crypto offers can help an investor to make more profitable trades. Kucoin, Huobi, and Gate.io are some of the platforms that have crypto offer this November. These offers can come in handy, considerin...

Huobi confirms its plan to shift Caribbean

Huobi Global has verified the news of its plan to shift Caribbean. The platform has retweeted a post of Justin Sun. Huobi Global, a cryptocurrency trading exchange platform came to justify the news th...

Huobi May Soon Lay Off Employees 

Wu Blockchain tweeted that Justin Tron may soon begin mass layoffs at his newly acquired Huobi exchange Tron is yet to issue any formal statement  Wu further shared how Huobi’s Chief and CFO have prev...

Crypto Exchange Huobi Tweets Plan to Move to Caribbean

Sun, who stepped down as the Tron’s CEO to become Grenada’s ambassador to the World Trade Organization last year, said in an interview with the Financial Times earlier this week that the C...

Huobi Global Reportedly Plans to Move HQ to Caribbean

A representative of the company has reportedly already spoken with Roosevelt Skerrit, the prime minister of Dominica, as the two parties want to work together to improve the nation’s crypto infrastruc...

Huobi Global reportedly plans relocation to the Caribbean

Chinese crypto exchange Huobi, which recently has had to disavow the rumors about massive layoffs inside the company, unveiled the plans to move its headquarters to one of the jurisdictions in the Car...

Huobi Digital refuses ‘large-scale layoffs’ and top executives’ resignations

From the past few months, it has been reported that Huobi Global is going to do “large-scale layoffs” and its top officials have left their posts in between the acquisition of the Seychelles-based cry...

Huobi Global to Set Up HQ in the Caribbean – crypto.news

Popular Chinese crypto exchange Huobi Global is making plans to relocate its headquarters to a location in the Caribbean. Caribbean a Key Market for Huobi Global On November 2nd, Justin Sun, an invest...

Huobi is Looking to Move its Headquarters From Seychelles to the Caribbean

Huobi Global, one of the leading cryptocurrency exchanges in the world by daily transaction volumes, may be moving to shift its headquarters from Seychelles to one of the countries on the Caribbean Is...

Huobi Global announces plan to relocate its headquarters

Huobi Global has released an official statement stating that the company is considering plans to move its headquarters to the Caribbeans. The company had to fight off several rumors about the layoffs ...

Huobi Global to Move to the Caribbean to Setup HQ

Chinese crypto exchange giant Huobi Global is planning a move to the Caribbean to set up its headquarters. On Nov. 2, Huobi Global investor and advisory board member Justin Sun unveiled the company’s ...

Bitcoin, Binance Coin, Huobi Token, and Aptos Daily Price Analyses – 1 November Morning Prediction

The global crypto market has seen a break in the bullish trend as it couldn’t continue gains. The recent changes for Bitcoin, Binance Coin, and others show a recession. The ongoing situation tells of ...

Huobi Global denies ‘large-scale layoffs’ and key exec resignations

Huobi Global says it has no plans to conduct “large-scale layoffs” and has refuted reports that two of its top executives have resigned amid a takeover of the Seychelles-based crypto exchange. Reports...