Huobi
Founded in 2013 in China, Huobi is the world’s leading digital asset trading platform and currently offers trading and investment in more than 100 digital asset pairs. The company now has offices in Hong Kong, Korea, Japan and the United States. In August 2018 it became a publically listed Hong Kong company.
Following a 2017 ban on Bitcoin exchanges by the Chinese government, Huobi stopped Bitcoin withdrawals and shut down its Chinese website, but continued operating overseas as “Huobi Pro”, a Seychelles-registered company. Huobi China continues to operate as a blockchain consulting and research platform.
As of March 2018, Huobi processed around US $1 billion in trades daily.
Block.one, the developer of blockchain protocol EOS, is accused of allowing voting manipulation on its network and participation in a collusion.
Huobi Japan Holding, one of the world’s largest digital asset exchanges, has acquired a majority stake in crypto exchange BitTrade, owned by a Singaporean entrepreneur.
Huobi Group acquired 199 million shares of the Pantronics Holding Ltd at HK$2.72 (or $0.35) per share, through its two subsidiaries – Huobi Universal and Huobi Capital.
The cryptocurrency exchange Huiobu fuels market speculations discreetly becoming the largest shareholder of a Hong-Kong-based public firm.
Huobi has welcomed Randi Zuckerberg as a member of its Chain Expert Advisory Committee. Together with seven other experts, Facebook CEO’s sister will be working on the future development of the Huobi platform.
While striking it rich by trading is easier said than done, automatic trading bots developed by 3Commas are set to change the game.
Today Huobi Group officially launches the ‘Huobi 10 Index’, and announced that HB10 will be launched based on the ‘Huobi 10 Index’ next month.
The former chief executive officer of the Hong-Kong based OKEx has left just on the heels of the exchange becoming the world’s largest by daily volume, reportedly overtaking Binance.
Cryptocurrency exchange Huobi is entering new markets. After some difficult times in China last year, Huobi has announced its launch in the US.
Built on the intersection of AI and blockchain technology, the platform will enable users create their own AI products via its decentralized system.
