Huobi is a Chinese web-platform for cryptocurrency exchange and the second largest in the country. It was founded by Leon Li in 2013. Huobi has gained popularity following the closure of BTCC. All popular fiat and cryptocurrencies are available, but the main pair here is BTC/CNY. The official website has 10 languages. The average amount of trading per day reaches 127,000 BTC, which makes the Huobi exchange the third largest in the crypto industry. Recently, it was announced that Huobi will be issuing their own token developed by the company’s programmers as an extra tool for paying Huobi fees and to make transactions easier, faster and more convenient. The Huobi coin can be bought only on the platform for BTC, BTH, ETH, ETC, LTC and USDT.
A Binance spokesperson told Cointelegraph that they hired 600 people since January and have no imminent plans for layoffs.
Binance ‘not planning any layoffs,’ 500 roles to be filled in H1
The cryptocurrency exchange recently cut 20% of its staff, but now it will increase its personnel in Hong Kong from 50 to 200.
Huobi crypto exchange aims to expand to Hong Kong amid regulatory changes
The North Korean-based hacker outfit Lazarus Group resorted to different privacy mixers attempting to anonymize the stolen funds, but it didn’t work.
Binance and Huobi freeze $1.4M in crypto linked to North Korean hackers
Huobi has announced the impending closure of its Huobi Cloud Wallet service, citing strategic adjustments for the move.
Huobi Cloud Wallet no more: Exchange pulls plug on DeFi multitoken wallet
The first-ever case of crypto insider trading highlights the need for reforms from exchanges to keep track of their employee’s trade activities.
Crypto exchanges tackle insider trading after recent convictions
In a recent tweet, on-chain crypto detective ZachXBT said that the hackers had moved $64 million over the weekend.
Binance, Huobi team up to recover $2.5M from Harmony One hackers
The Visa-backed debit card will allow Huobi users in the European Economic Area to pay from their crypto accounts at point-of-sale stations globally.
Huobi and Solaris crypto-to-fiat debit card launches in the EU