Pionex Removes Huobi’s Market-Making Funds
Singaporean crypto exchange Pionex announced that it removed Huobi’s market-making funds from its platform due to the gradually declining trading activity on the exchange.
ThunderCore Blockchain Partners with Huobi, MyCointainer in Node Expansion
The newest ThunderCore validators include the famous virtual asset exchange Huobi and one of the earliest staking platforms in the space, MyCointainer. Users of both will now be able to stake ThunderCore’s native asset TT to earn rewards.
Huobi Forces Employees To Accept Payments In Crypto: Report
According to a report, Huobi Exchange is forcing its employees to accept salary in USDT/USDC instead of fiat currency. It is also claimed that if they deny to the payment method they will be fired. The HR department is communicating for the same with the employees. This decision has sparked protests against the firm by the employees.
Justin Sun Denies That Huobi Is Planning Layoffs
Justin Sun has stated that the crypto exchange Huobi is not carrying out mass layoffs, according to a report from the South China Morning Post on Jan. 2.
The South China Morning Post cited earlier reports from the Chinese business news outlet Jiemian, which obtained an internal statement from Sun.
Huobi Reportedly to Lay Off Massively and Cut Salaries of Senior Employees
Popular cryptocurrency exchange Huobi will lay off a significant portion of its workforce and cut the salaries of senior employees, according to Chinese reporter Colin Wu.
Pi Network Warns Against Huobi’s Unauthorized Pi Token Listing
On Dec. 29, crypto exchange Huobi Global announced the listing of Pi, the native token of the Pi Network. In the 24 hours following the announcement, the Pi token price surged 461.3% from $44.03 to $232.97 at the time of writing, according to CoinGecko data. In addition, the token price reached an all-time high of $307.49 on Dec. 30, data from CoinGecko indicates.
Huobi Announces To Review the Launch of Pi
Pi Network’s mainnet upgrade is underway, and Huobi has its eye on the development. The latter has announced that it will support the development, which will be followed by Huobi adding support to the list of Pi. This comes after positive recommendations from the community.
Huobi Plans to Launch The Huobi Visa Card Globally
Huobi has unveiled plans to collaborate with Visa to launch the Huobi Visa Card globally, starting with Europe.
Huobi Announces Plans to Launch the Huobi Visa Card
Huobi announced plans to cooperate with Visa, a world leader in digital payment, to issue the Huobi Visa Card worldwide. This cooperation aims to bring a more efficient fiat-to-crypto gateway for its users and promote the development of the virtual asset industry.