BCH Rose More Than 10%, and It Is Now at 222 USDT
Huobi data monitoring, BCH has risen rapidly, reaching a high of 228 USDT and currently trading at 222 USDT, with a 24-hour high increase of 10%.
Huobi’s Popular Currency Broadcast: KRRX Rose 22.60% in 24 Hours
According to Huobi's market data, the top three coins with the highest increase on August 29th are KRRX, SYS, and AKRO. SYS had the largest increase in the Web3 sector with a 22.11% increase, while REVO had the highest increase in the Gaming series with 8.95%.
Huobi’s Popular Currency Broadcast: DEP Rose by 22.30% in 24 Hours
According to Huobi's market data on August 28th, the top three coins with the highest increase in price were DEP, PI, and FANC. The DeFi sector's biggest gainer was TRB (4.35%), and the NFT sector's highest increase was BLUR (9.55%).
Huobi’s Popular Currency Broadcast: LIKE Increased by 20.94% in 24 Hours
According to Huobi's market data, the top three coins with the highest increase on August 22nd were LIKE, FUD, and AKRO. AKRO had the highest increase in the DeFi sector (16.60%), while AKT had the highest increase in the Storage sector (11.79%).
Huobi Partners with TradingView for Data and Trading Integration Services
Huobi has partnered with TradingView to provide users with real-time cryptocurrency prices and trading integration services. <br>
Huobi's popular currency broadcast: MOVEZ rose 67.47% in 24 hours
According to Huobi's market data, the top three cryptocurrencies with the highest increase on August 18th were MOVEZ, CRPT, and DIO. The DeFi sector's highest increase was AUCTION (8.07%), and the Metaverse sector's highest increase was SIGN (6.27%).
Huobi Popular Currency Broadcast: CRTS 24-Hour Increase of 47.34%
According to Huobi's market data, the top three coins with the highest increase on August 14th are: CRTS, DZOO, and DAV. The DeFi sector's biggest gainer is BLD (19.15%), while the Gaming series' highest increase is REVO (13.72%).
Huobi’s Popular Currency Broadcast: BABY Increased by 22.54% in 24 Hours
According to Huobi's market data on August 10th, the top three coins with the highest increase in price were BABY, DYP, and STG. Among the DeFi sector, DYP had the highest increase in price (22.28%). The Meme coin with the highest increase in price was TURBO (10.87%).
Huobi and BitMart list PayPal USD stablecoin, crypto community remains cautious
Within 24 hours of the launch of the Paxos-issued PayPal USD (PYUSD) stablecoin, Justin Sun's Huobi crypto exchange and other exchanges have announced its listing. Huobi is the first exchange to announce support and will begin with a PYUSD/USDT trading pair with zero handling fees. BitMart has also announced the primary listing of PYUSD and will allow trading from August 8th. However, the crypto community has mixed reactions to the stablecoin due to concerns over centralization and security issues.
Huobi to List PayPal's PYUSD Stablecoin with Zero Trading Fee
Huobi has announced that it will list PYUSD, PayPal's newly launched stablecoin, and will offer PYUSD/USDT trading pairs with zero trading fees permanently. However, the exchange did not specify when it will list the stablecoin, stating that it will do so when market circulation and liquidity conditions are favorable. This announcement follows Huobi advisor Justin Sun's tweet expressing his hope to invite PayPal to issue PYUSD on Tron.
Huobi denies reports of executive arrests as outflow from exchange increases
Huobi has denied reports that several of its executives were arrested in China as the outflow from the exchange increases. However, data from Nansen.ai shows that Huobi's stablecoin exchange balances have decreased by 33% in the last week, with traders withdrawing $49 million in stables. On-chain data reveals that some of the exchange's largest holdings are from tokens connected to the Justin Sun universe of companies and protocols, with 26.5% of the exchange's holdings in TRX and 20.32% in HT. Huobi has approximately $1 billion in highly liquid assets, including $886.92 million in bitcoin, $48.27 million in USDT, and $5.41 million in USDC, according to DeFi Llama data.
Huobi sees $64M outflows amid solvency and investigation rumors
Huobi, a cryptocurrency exchange, has experienced outflows of $64 million amid rumors of solvency issues and investigations by Chinese authorities. The outflows caused the exchange's total value locked to drop from $3.09 billion on July 6 to $2.05 billion. Rumors of the exchange's leadership being arrested in China were denied by a Huobi spokesperson, but at least one C-level executive has left the company in recent weeks.
Huobi Posts $85 Million Profit on $193 Million Revenue in Q2
Sun Yuchen tweeted that Huobi’s actual revenue in the second quarter of 2023 will be US$193 million, expenses will be US$108 million, and quarterly profit will be 85 million, an increase of 183% from the previous quarter. In addition, Justin Sun also forecast third-quarter revenue of $200 million, expenses of $100 million, and a profit of $100 million.
Huobi Announces Delisting of CVNT, TNB, SOS and KCASH Tokens
Huobi, one of the leading cryptocurrency exchanges, has announced that it will be delisting four tokens - CVNT (Content Value Network), TNB (Time New Bank), SOS (Opendao), and KCASH (KCASH) - as part of its efforts to promote the healthy development of the blockchain ecosystem. The delisting will take place on August 4, 2023, at 08:00 (UTC), in accordance with Article 17(2) under the Huobi Token Management Rules.
Huobi burned 1,950,555 HT in 2023 Q2
According to Huobi Q2 report, 1,950,555 HT were burned on Huobi in the second quarter of 2023. As Huobi steps up its burning mechanism, a total of 298,940,224 HT was burned as of July 15, 2023.
Huobi Responds to Allegations of Asset Decline with Merkle Tree-based Proof of Reserves
Huobi, a major global exchange, has responded to unfounded claims of a decline in assets circulating on social media. The exchange released a statement based on data and facts, confirming that the total assets held in custody for users exceed $3 billion.
Huobi Released the Latest Asset Reserve Certificate, BTC and ETH Asset Deposits Increased by 53.3% and 7.2% Month-on-Month
Huobi released the latest asset reserve certificate. The user’s BTC asset accumulation increased by 53.3% compared with June, an increase of 8,300 BTC; the user’s ETH asset accumulation increased by 7.2% compared with June, an increase of 9,500 ETH; the user’s HT asset accumulation compared with June A month-on-month increase of 0.7%, an increase of 1.46 million HT; users’ USDT asset deposits increased by 13% compared with June, an increase of 72 million USDT.
Cryptocurrency Analyst Will Woo: Reserves and Trading Volumes on Huobi Exchange Are Decreasing
Huobi, a cryptocurrency exchange headquartered in Seychelles, is facing a decline in both reserves and trading volumes. Crypto analyst Will Woo has compared the exchange to a "train wreck," noting that collateral has been draining from the exchange since 2020.
Huobi Resolves Data Breach, Raises Questions About Response and Potential Consequences
July 4 (Cointime) - Huobi has finally resolved a data breach that exposed the data of 4,960 users. The incident has raised questions about the company's response and the potential consequences if the breach had been exploited. The breach exposed user assets to potential theft and unveiled critical information about the exchange's technical infrastructure.
Huobi Announces Strategic Partnership with Justlend DAO to Support stUSDT
July 3 (Cointime) -According to Huobi, Huobi will support stUSDT staking product, giving Huobi users the opportunity to earn stable RWA (Real World Assets) rewards.Users holding stUSDT on Huobi will be able to earn staking rewards. Exciting events for stUSDT will be rolled out soon.
