Huobi

Huobi Token Becomes First Exchange Token Approved By Japanese Regulators

Retrieved on: 
Thursday, April 23, 2020
Huobi, Finance, Money, Cryptography, Financial regulation, Cryptocurrency, Financial Services Agency

TOKYO, April 23, 2020 /PRNewswire/ -- Japanese financial regulator, Japan Financial Services Agency (FSA), has approved Huobi Global's native exchange token, Huobi Token (HT) as a compliant crypto asset to trade in the world's second largest digital asset trading market.

Key Points: 
  • TOKYO, April 23, 2020 /PRNewswire/ -- Japanese financial regulator, Japan Financial Services Agency (FSA), has approved Huobi Global's native exchange token, Huobi Token (HT) as a compliant crypto asset to trade in the world's second largest digital asset trading market.
  • HT is the first leading exchange platform token to pass regulatory scrutiny as it joins 25 other compliant tokens that have already been approved by the Japanese FSA.
  • Huobi Japan, a subsidiary of Huobi Group, will be the first to support HT in Japan when the token begins trading in May.
  • By working with local regulators to bring HT to the Japanese market, Huobi aims to significantly expand the token's ecosystem as user adoption rises across the globe.

Apifiny Adds Arthur Wiseberg as Head of Institutional Sales, Europe Middle East and Africa, Bringing Experience from Huobi, Blackrock, and Barclays

Retrieved on: 
Thursday, April 23, 2020
Professional services, Other Professional Services, Technology, Other Technology, Finance, Internet, Banking, Finance, Financial markets, Money, Huobi, Economy, Market liquidity, Futures contract

Arthur Wiseberg has joined Apifiny as Head of Institutional Sales, Europe Middle East and Africa, and will spearhead sales initiatives through EMEA, especially focused on the UK, Europe, and Israel.

Key Points: 
  • Arthur Wiseberg has joined Apifiny as Head of Institutional Sales, Europe Middle East and Africa, and will spearhead sales initiatives through EMEA, especially focused on the UK, Europe, and Israel.
  • Based in London, Mr. Wiseberg comes to Apifiny after serving as head of CIS Institutional Sales at the major crypto trading platform Huobi Global.
  • While there, he oversaw the market development for Huobi Globals OTC, exchange spot, loans, futures, and liquidity solutions.
  • Apifiny is setting a new standard for how institutional clients should be served in todays crypto market, says Mr. Wiseberg.

Huobi Launches On-chain Analytics Tool to Monitor Illicit Cryptocurrency Activities

Retrieved on: 
Monday, April 13, 2020
Huobi, Decentralization, Finance, Money, Cryptography, Cryptocurrency, Money laundering

SINGAPORE, April 13, 2020 /PRNewswire/ --Huobi Group today announced the launch of Star Atlas, a proprietary on-chain analytics tool to monitor on-chain cryptocurrency transactions for illicit activities.

Key Points: 
  • SINGAPORE, April 13, 2020 /PRNewswire/ --Huobi Group today announced the launch of Star Atlas, a proprietary on-chain analytics tool to monitor on-chain cryptocurrency transactions for illicit activities.
  • Star Atlas is a new security tool that introduces a new level of transparency to help monitor cryptocurrency transactions to identify high risk behaviors and detect crimes like fraud, money laundering, and other illicit activities.
  • Star Atlas also provides a visual user interface so Huobi administrators can easily trace the transaction paths of illicit activities.
  • Huobi proudly provides safe, secure, and convenient cryptocurrency trading and asset management services to millions of users in 170+ countries.

Huobi Launches On-chain Analytics Tool to Monitor Illicit Cryptocurrency Activities

Retrieved on: 
Monday, April 13, 2020
Huobi, Decentralization, Finance, Money, Cryptography, Cryptocurrency, Money laundering

SINGAPORE, April 13, 2020 /PRNewswire/ --Huobi Group today announced the launch of Star Atlas, a proprietary on-chain analytics tool to monitor on-chain cryptocurrency transactions for illicit activities.

Key Points: 
  • SINGAPORE, April 13, 2020 /PRNewswire/ --Huobi Group today announced the launch of Star Atlas, a proprietary on-chain analytics tool to monitor on-chain cryptocurrency transactions for illicit activities.
  • Star Atlas is a new security tool that introduces a new level of transparency to help monitor cryptocurrency transactions to identify high risk behaviors and detect crimes like fraud, money laundering, and other illicit activities.
  • Star Atlas also provides a visual user interface so Huobi administrators can easily trace the transaction paths of illicit activities.
  • Huobi proudly provides safe, secure, and convenient cryptocurrency trading and asset management services to millions of users in 170+ countries.

Huobi Formalizes Charity Arm to Rally the Blockchain Community in Global Fight Against COVID-19

Retrieved on: 
Thursday, April 2, 2020
Huobi, Charity, Finance, Money, Financial services

SINGAPORE, April 2, 2020 /PRNewswire/ --Huobi Charity, the charitable arm of Huobi Group, today announced a series of new initiatives aimed at helping the global community fight COVID-19.

Key Points: 
  • SINGAPORE, April 2, 2020 /PRNewswire/ --Huobi Charity, the charitable arm of Huobi Group, today announced a series of new initiatives aimed at helping the global community fight COVID-19.
  • It affects everyone in every corner of the world, regardless of industry, socioeconomic status, or nationality," said Ciara Sun, VP of Global Business at Huobi Group.
  • In addition to monetary contributions, Huobi Charity is tapping its local exchange partner, Huobi Indonesia, to provide ICAESCC with further support.
  • Established by Leon Li in 2013, the company's Huobi Global exchange accumulative turnover exceeds US $3 trillion.

Huobi Formalizes Charity Arm to Rally the Blockchain Community in Global Fight Against COVID-19

Retrieved on: 
Thursday, April 2, 2020
Huobi, Charity, Finance, Money, Financial services

SINGAPORE, April 2, 2020 /PRNewswire/ --Huobi Charity, the charitable arm of Huobi Group, today announced a series of new initiatives aimed at helping the global community fight COVID-19.

Key Points: 
  • SINGAPORE, April 2, 2020 /PRNewswire/ --Huobi Charity, the charitable arm of Huobi Group, today announced a series of new initiatives aimed at helping the global community fight COVID-19.
  • It affects everyone in every corner of the world, regardless of industry, socioeconomic status, or nationality," said Ciara Sun, VP of Global Business at Huobi Group.
  • In addition to monetary contributions, Huobi Charity is tapping its local exchange partner, Huobi Indonesia, to provide ICAESCC with further support.
  • Established by Leon Li in 2013, the company's Huobi Global exchange accumulative turnover exceeds US $3 trillion.

Huobi Launches Perpetual Swaps to Help Traders Exploit Market Volatility

Retrieved on: 
Monday, March 30, 2020
Finance, Money, Economy, Swap, Futures contract, Hedge, Arbitrage, Huobi

Similar to traditional futures contracts, perpetual swaps allow users to buy or sell assets at a specific price to hedge against market fluctuations.

Key Points: 
  • Similar to traditional futures contracts, perpetual swaps allow users to buy or sell assets at a specific price to hedge against market fluctuations.
  • "Perpetual swaps provide traders another tool in their arsenal to capitalize on market movements to create arbitrage."
  • At launch, Huobi DM supports inverse perpetual swaps, also known as coin-margined perpetual swaps, which are quoted in USD but margined and settled in a contract's underlying digital asset.
  • To provide users with flexibility in trading strategy, perpetual swaps trading is supported with up to 125X leverage.

Huobi Pool Releases Financial Results in First Annual Report

Retrieved on: 
Thursday, March 19, 2020
Huobi, Digital currencies, Financial technology, Cryptocurrencies, Pool Re, Mining pool, Finance

Huobi's mining pool revenues jumped 547% year-over-year, reaching $320 million USD in 2019

Key Points: 
  • Huobi's mining pool revenues jumped 547% year-over-year, reaching $320 million USD in 2019
    SINGAPORE, March 19, 2020 /PRNewswire/ --Huobi Group today announced financial results for its digital assets mining and trading pool, Huobi Pool, for the fiscal year ended December 31, 2019.
  • The annual report marks the first time Huobi Pool has released financial data since its launch in 2018.
  • As a significant part of Huobi Group's ecological layout, Huobi Pool is mainly handling PoW mining, Staking mining and Huobi Pool ECO Exchange.
  • With many public chain nodes and as the largest staking pool and leading PoW pool, Huobi Pool is devoted to providing one-stop financial services to all the digital users.

Huobi Pool Releases Financial Results in First Annual Report

Retrieved on: 
Thursday, March 19, 2020
Huobi, Pool, Finance, Money, Financial services

SINGAPORE, March 19, 2020 /PRNewswire/ --Huobi Group today announced financial results for its digital assets mining and trading pool, Huobi Pool, for the fiscal year ended December 31, 2019.

Key Points: 
  • SINGAPORE, March 19, 2020 /PRNewswire/ --Huobi Group today announced financial results for its digital assets mining and trading pool, Huobi Pool, for the fiscal year ended December 31, 2019.
  • The annual report marks the first time Huobi Pool has released financial data since its launch in 2018.
  • As a significant part of Huobi Group's ecological layout, Huobi Pool is mainly handling PoW mining, Staking mining and Huobi Pool ECO Exchange.
  • With many public chain nodes and as the largest staking pool and leading PoW pool, Huobi Pool is devoted to providing one-stop financial services to all the digital users.

Huobi Launches New Futures Liquidation Mechanism to Hedge Against Market Volatility

Retrieved on: 
Wednesday, March 18, 2020
Business law, Huobi, Liquidation, Hedge, Finance, Money

SINGAPORE, March 18, 2020 /PRNewswire/ --Huobi DM, the leading digital assets derivatives trading platform from Huobi Group, recently announced the launch of a new liquidation mechanism to systematically minimize user exposure during times of severe market volatility.

Key Points: 
  • SINGAPORE, March 18, 2020 /PRNewswire/ --Huobi DM, the leading digital assets derivatives trading platform from Huobi Group, recently announced the launch of a new liquidation mechanism to systematically minimize user exposure during times of severe market volatility.
  • To help users hedge against liquidation risk,Huobi DM now provides partial liquidation, a new mechanism that gradually reduces a user's positions rather than liquidating them in full in a single event.
  • The liquidation process also includes a circuit breaker function that halts liquidation when large or unusual deviations between the liquidation price and market price are detected.
  • All coins and leverages on Huobi DM are supported by partial liquidation, and the mechanism is available to users with no fees.