Crypto Evening Briefing: Fujitsu and Mitsubishi Look To Create Japanese ‘Metaverse Economic Zone’
A group of large Japanese companies — including Mitsubishi, Fujitsu and banking giant Mizuho — agreed to work together to create a "Metaverse Economic Zone" for the country, with the aim of building open metaverse infrastructure.
Kucoin and Huobi Are Accused in Report of Enabling Russian Banks to Break Sanctions
Huobi and KuCoin, two of the world's largest crypto exchanges, have reportedly continued to provide services to customers of sanctioned Russian banks.
Huobi and KuCoin Serve Customers of Sanctioned Russian Banks: Politco
Crypto exchanges Huobi and KuCoin continue to provide services to users of sanctioned Russian banks, according to a report from Politico on Feb. 24.
TCNH, a Stablecoin Pegged to Offshore Chinese Yuan, Listed on Huobi
TCNH, a stablecoin pegged to offshore Chinese Yuan (CNH) with a pilot program allowing organizations to mint TCNH, announced that it is now available on Huobi, where users can trade it through the TCNH/USDT pair. Huobi is the first exchange to support TCNH after its launch. Apart from minting directly through TCNH’s official website after being verified as a whitelisted organization, users may also acquire TCNH tokens through the crypto trading pairs available on exchanges.
TCNH, a Stablecoin Pegged to Offshore Chinese Yuan, Listed on Huobi
TCNH, a stablecoin pegged to offshore Chinese Yuan (CNH) with a pilot program allowing organizations to mint TCNH, announced that it is now available on Huobi, where users can trade it through the TCNH/USDT pair. Huobi is the first exchange to support TCNH after its launch. Apart from minting directly through TCNH’s official website after being verified as a whitelisted organization, users may also acquire TCNH tokens through the crypto trading pairs available on exchanges.
Cointime News Wrapup-Afternoon Version: Huobi Plans to Move Headquarters to Hong Kong from Singapore
Huobi Global is seeking to relocate its Asia headquarters from Singapore to Hong Kong.
Huobi Plans to Move Headquarters to Hong Kong from Singapore
Justin Sun told Nikkei Asia in an interview published Monday that cryptocurrency exchange Huobi Global is seeking to relocate its Asia headquarters from Singapore to Hong Kong. Sun, an advisor to the exchange, said on Twitter on Monday that the exchange is applying for a crypto trading license in Hong Kong, and will be launching a new Hong Kong exchange to serve local institutional investors and high-net-worth individuals. (forkast)
Justin Sun:Huobi Has Announced That It’s Applying for a Crypto Trading License in Hong Kong
HuobiGlobal has announced that it's applying for a crypto trading license in Hong Kong.
FTX Warns Community of Phony ‘Debt Tokens’ and Scams Claiming To Be Affiliated With the Bankrupt Exchange
FTX debtors who control the official FTX Twitter account are warning the community about entities claiming to be associated with the now-defunct cryptocurrency exchange. The company filed for Chapter 11 bankruptcy, and the restructuring team and debtors use the official FTX Twitter account often to inform the community of updates. On Feb. 17, 2023, the debtors issued a warning, stating that the bankrupt firm has not issued any debt tokens.
FTX Debtors Warned Stakeholders to Be on Alert for Scams
The FTX Debtors have not issued any debt token and any such offers are unauthorized.
Binance and Huobi Freeze $1.4 Million in Crypto Linked to North Korea
According to blockchain analytics firm Elliptic, crypto exchanges Binance and Huobi have frozen cryptocurrencies worth approximately $1.4 million linked to North Korea. The firm noted that the stolen funds, which were dormant until recently, originated from the June 2022 hack of Harmony’s Horizon Bridge. “The Horizon cross-chain bridge was <a href="https://news.bitcoin.com/harmonys-100m-hack-was-due-to-a-compromised-multi-sig-scheme-says-analyst/">attacked</a> on June 24th 2022, resulting in the loss of $99.6 million in cryptoassets. These funds were then laundered through the now-sanctioned Tornado Cash,” the blockchain analytics firm detailed. Ethereum mixer Tornado Cash was <a href="https://news.bitcoin.com/us-government-bans-ethereum-mixer-tornado-cash-platform-added-to-ofacs-sdn-list/">banned</a> last August by the U.S. Department of the Treasury’s Office of Foreign Asset Control (OFAC). (Bitcoin.com)
Another $1.4M in Funds Stolen by Lazarus Group Frozen by Binance, Huobi
About a month ago, Elliptic, Huobi, and Binance first coordinated to freeze 121 BTC, worth $2.5 million at the time. Apparently, the collaboration has continued, allowing a further $1.4 million in cryptocurrencies to be frozen on the 14th of February.
Huobi To Delist ANC, HIT, PVT, RCCC and UIP
The delisting of ANC(Anchor Protocol), HIT(HitChain), PVT(Pivot) and RCCC(RCCC) is further to Article 17(2) under the Huobi Token Management Rules, and the delisting of UIP(UnlimitedIP) is further to Article 17(17).
Binance and Huobi Freeze $1.4M in Crypto Linked to North Korean Hackers
Cryptocurrency exchanges Binance and Huobi have again frozen accounts linked to the $100 million Harmony Horizon bridge attack on Jun. 24, 2022. Around $1.4 million worth of crypto frozen by the trading platforms came from accounts linked to the notorious Lazarus Group operating out of North Korea. The investigation was carried out by blockchain analytics firm Elliptic, according to a report shared by the firm on Feb. 14. However, the firm didn’t state what coins or tokens were frozen. (Cointelegraph)
Binance and Huobi Froze $1.4 Million in Crypto Tied to the Harmony Bridge Heist
In June 2022, the Horizon cross-chain bridge suffered an attack, causing a loss of $99.6 million in crypto assets.
Huobi Revealed to Hold $2.27 Million Worth of CORE Tokens in On-Chain Wallet
Huobi, one of the leading cryptocurrency exchanges, has been found to hold a significant amount of CORE tokens on its on-chain wallet.
Huobi Cloud Wallet No More: Exchange Pulls Plug on DeFi Multi-Token Wallet
Cryptocurrency exchange Huobi has announced that it will discontinue its Huobi Cloud Wallet platform in May 2023 citing ‘strategic and product adjustments’.
Huobi Will List BLUR (Blur) on February 14, 2023
Huobi is scheduled to list BLUR (Blur) on February 14, 2023.
SEC Hits Kraken With $30 Million Fine; Dubai Prohibits Privacy Coins | Cointime Weekly Feb.05 – Feb.11
Huobi to expand in Hong Kong as it bets on China; PayPal pauses stablecoin project amid Paxos probe; Ethereum co-founder says Ether won’t be classified as a security; Proof of Reserves for policymakers; Egyptian fintech MNT-Halan secures $400M.
Huobi To Expand in Hong Kong As It Bets on China
Huobi Global, one of the world’s largest cryptocurrency exchanges, plans to expand its operations in Hong Kong, anticipating that Mainland China will soon follow the city’s recent pro-crypto shift, Huobi chief and digital asset tycoon Justin Sun told Bloomberg TV on Friday.
