Huobi

Huobi Wallet transforms to iToken, adds decentralized investment services

Retrieved on: 
Wednesday, May 18, 2022
Digital, Risk, Tesla, Financial management, Investment, Dapp, Review, Non-fungible token, US, Tesla Model 3, Treaty of Dappes, Industry, Technology, Huobi, Decentralized finance, NFT, TVL, Growth, Cryptocurrency

LONDON, May 18, 2022 /PRNewswire/ -- Huobi Wallet, a secure and professional DeFi wallet, has enhanced its service offerings and will now be known as iToken. iToken, which received a US$200 million investment from Huobi Group, will become a decentralized investment platform, enabling users to conveniently access various DeFi services and dApps. Besides digital asset storage, iToken will also provide investment and financial management, market information, and roll out other new features to empower users with advanced digital asset management capabilities.

Key Points: 
  • LONDON, May 18, 2022 /PRNewswire/ -- Huobi Wallet, a secure and professional DeFi wallet, has enhanced its service offerings and will now be known as iToken.
  • iToken, which received a US$200 million investment from Huobi Group, will become a decentralized investment platform, enabling users to conveniently access various DeFi services and dApps.
  • The name iToken depicts users' ability to freely take charge of their own digital assets and represents iToken's vision for a decentralized future.
  • Current Huobi Wallet users need not take any action in order to enjoy the additional services offered by iToken.

Huobi Global launches a campaign to showcase its growing ecosystem and reach new users

Retrieved on: 
Wednesday, May 4, 2022
Ecosystem, United States dollar, Gold, USDT, Bank for International Settlements, Cryptocurrency, Industry, Adoption, APY, Bank, Non-fungible token, Growth, Huobi

Huobi Global's latest campaign showcases our extensive products, services and ecosystem, whilst easing new users in their crypto investment journey,"said Du Jun, Co-Founder of Huobi.

Key Points: 
  • Huobi Global's latest campaign showcases our extensive products, services and ecosystem, whilst easing new users in their crypto investment journey,"said Du Jun, Co-Founder of Huobi.
  • Huobi Global is one of the few cryptocurrency exchanges that rank in the global top ten for both spot and derivatives trading.
  • Serving tens of millions of users across 160 countries worldwide, Huobi Global offers services for spot, derivatives, NFTs, fixed deposit products and more.
  • Huobi Group has established a global digital ecosystem through investing in over 60 upstream and downstream companies across the blockchain industry.

Huobi NFT and Huobi Ventures hold successful NFT event in Vietnam

Retrieved on: 
Wednesday, April 27, 2022
Metaverse, NFT, DAO, Non-fungible token, Decision-making, Growth, Web 2.0, Cube, Ecosystem, BD, Strategic Investment Group, ID, DID, Ecology, Semantic Web, Asset management, Architecture, Speech, Cryptocurrency, Blockchain, Web3, Huobi

The event comprised of numerous talks and panel discussion that focused on the theme of "IP + Social + DID = NFT 2.0".

Key Points: 
  • The event comprised of numerous talks and panel discussion that focused on the theme of "IP + Social + DID = NFT 2.0".
  • Huobi NFT is the official NFT platform of Huobi Global.
  • Users of Huobi NFT can realize NFTs' utility and commercial value through accessing products in the Huobi ecosystem.
  • Huobi Ventures aims to drive growth for Huobi Group and create a global ecosystem with our partners, visit Huobi Ventures for more info.

Vertex Protocol, a Decentralized FX Trading Platform, Closes $8.5 Million Seed Round

Retrieved on: 
Tuesday, April 26, 2022
Crypto, Maker, Fidelity, List of north–south roads in Toronto, Street, AMM, VC, Entrepreneurship, Decentralized finance, UMA, Growth, Temasek, FX, Compound, Ecosystem, Testnet, Sequoia, Huobi, Investment, USD, GSR, Name, Trader, PERP, Security (finance), Cryptocurrency, Financial services, Vertex, Terra

SINGAPORE, April 26, 2022 /PRNewswire-PRWeb/ -- Vertex Protocol (Vertex), a decentralized FX protocol for multi-currency spot and derivatives trading, announced today that it has raised $8.5 million in a seed funding round, ahead of its planned launch in Summer 2022.

Key Points: 
  • Investors in the seed round included many of the top quantitative trading firms in both traditional and digital finance.
  • Vertex aims to address a growing need for multi-currency DeFi applications and on-chain FX trading.
  • Vertex is built on the Terra blockchain, leveraging the blockchain's growing DeFi market share and suite of decentralized stablecoins.
  • Vertex is the first trading protocol on Terra to couple an on-chain orderbook with the automated market maker (AMM) framework that operates as a decentralized venue.

Huobi Global Launches Funding Rate Arbitrage Product, Enables Traders to Gain Funding Fees with Lower Risk

Retrieved on: 
Monday, April 25, 2022
USDT, Movement, Risk, Cryptocurrency, Huobi

Under such circumstances, exchanges implement a funding rate mechanism which helps balance the short and long positions of perpetual swaps by either incentivizing or discouraging traders.

Key Points: 
  • Under such circumstances, exchanges implement a funding rate mechanism which helps balance the short and long positions of perpetual swaps by either incentivizing or discouraging traders.
  • Traders will either pay or receive funding rates depending on their open positions: when the funding rate is positive, the longs should pay the shorts, and vice versa.
  • The launch of the new funding rate arbitrage product allows traders to gain funding fees through subscribing to an asset product based on its annual percentage yield and funding rates (current term and next term.)
  • Huobi Global offers coin-margined swaps and USDT-margined swaps for implementing funding rate arbitrage strategies.

Huobi Global Launches Funding Rate Arbitrage Product, Enables Traders to Gain Funding Fees with Lower Risk

Retrieved on: 
Monday, April 25, 2022
USDT, Movement, Risk, Financial services, Cryptocurrency, Huobi

Under such circumstances, exchanges implement a funding rate mechanism which helps balance the short and long positions of perpetual swaps by either incentivizing or discouraging traders.

Key Points: 
  • Under such circumstances, exchanges implement a funding rate mechanism which helps balance the short and long positions of perpetual swaps by either incentivizing or discouraging traders.
  • Traders will either pay or receive funding rates depending on their open positions: when the funding rate is positive, the longs should pay the shorts, and vice versa.
  • The launch of the new funding rate arbitrage product allows traders to gain funding fees through subscribing to an asset product based on its annual percentage yield and funding rates (current term and next term.)
  • Huobi Global offers coin-margined swaps and USDT-margined swaps for implementing funding rate arbitrage strategies.

First Fractionalized NFT on Tier 1 Exchange

Retrieved on: 
Wednesday, April 20, 2022
Ethereum, People, Awareness, Government, NFT, Once Upon a Time in Shaolin, Daos, Running, Decentralized finance, Non-fungible token, Growth, Ecosystem, Doge, Animation, DOG, Partnership, Industry, Louvre, Lace, Cryptocurrency, Huobi

NEW YORK, April 20, 2022 /PRNewswire/ -- PleasrDAO, a collective of DeFi leaders, early NFT collectors and digital artists today announced a partnership between Amber Group and world's most famous meme, The Doge NFT (fractionalized into DOG as a first-class ticket to entertainment), to bring greater accessibility to the rapidly growing fractionalized NFT ecosystem.

Key Points: 
  • NEW YORK, April 20, 2022 /PRNewswire/ -- PleasrDAO , a collective of DeFi leaders, early NFT collectors and digital artists today announced a partnership between Amber Group and world's most famous meme, The Doge NFT (fractionalized into DOG as a first-class ticket to entertainment), to bring greater accessibility to the rapidly growing fractionalized NFT ecosystem.
  • The expensive nature of NFTs presents challenges for fans, collectors, and potential community members who often lack the capital to participate in the NFT marketplace.
  • Amber Group's relationships put it in a unique position to bring greater convenience into the NFT ecosystem, enabling for the fractionalizing of NFTs.
  • The Doge NFT is the most famous meme in the world fractionalized into DOG giving you a first-class ticket to entertainment via the DOG community.

Huobi Incubator Establishes Strategic Partnership with Relation Labs to Harness Data Value in the Web3 Era

Retrieved on: 
Monday, April 18, 2022
Huobi, Awareness, NFT, Decentralized finance, Meta, TVL, Research, Organization, Goal, Artificial intelligence, Web3, Ownership, Growth, Social media, Ecosystem, Solution, Fun, Social graph, Facebook, Social, Industry, Partnership, Risk management, Cryptocurrency, Marketing

LONDON, April 18, 2022 /PRNewswire/ --Huobi Incubator, the project incubation arm of Huobi Group, today announced a strategic partnership with Relation Labs, a project specializing in the creation and harvesting of data in the Web3 age.

Key Points: 
  • LONDON, April 18, 2022 /PRNewswire/ --Huobi Incubator, the project incubation arm of Huobi Group, today announced a strategic partnership with Relation Labs, a project specializing in the creation and harvesting of data in the Web3 age.
  • In addition, Huobi Incubator will provide community engagement to increase market awareness of Relation Labs and its Web3 Social Graph project.
  • "Our partnership with Huobi Incubator will greatly benefit development of Web3 Social Graph and promote Web3 innovation," said Jessica C, founder of Relation Labs.
  • Huobi Incubator is a professional, full-cycle project incubator that integrates industry research with investment funds, incubation processes, and accelerators.

Huobi Global Celebrates Easter Day with 1 Million USDT Prize Pool

Retrieved on: 
Friday, April 15, 2022
NFT, HECO, UTC, Egg, USDT, Non-fungible token, DIDS, Friends, Technology, Contract, Cryptocurrency, Online shopping, Easter, Huobi

During the event, users can collect special NFT cards, generate blind boxes containing random prizes, win Easter eggs and other rewards in addition to sharing in the 1 million UDST prize pool.

Key Points: 
  • During the event, users can collect special NFT cards, generate blind boxes containing random prizes, win Easter eggs and other rewards in addition to sharing in the 1 million UDST prize pool.
  • Minted on the HECO chain and tradeable on Huobi NFT Marketplace, Easter-exclusive NFTs are limited in quantity and available on a first-come, first-served basis.
  • At 12:00 (UTC) every day during the event period, all participating users will share the prize pool on a pro-rata basis based on the number of new Primebox Easter Eggs earned that day.
  • Huobi Group has established a global digital economy industry ecosystem by investing in over 60 upstream and downstream companies in the blockchain industry.

Huobi Global Launches Grid Trading Bot on Its Mobile APP, Spurs Traders to Profit From Price Volatility

Retrieved on: 
Saturday, April 2, 2022
BTC, USDT, Risk, Grid, PNL, Customer to customer, Veteran, AI, Time, Cryptocurrency, Public utility, Renewable energy, Huobi

LONDON, April 2, 2022 /PRNewswire/ --Huobi Global, one of the world's leading global exchanges, has unveiled a trading bot on its Huobi Global mobile app that will enable investors to capitalize on price volatility in the cryptocurrency market.

Key Points: 
  • LONDON, April 2, 2022 /PRNewswire/ --Huobi Global, one of the world's leading global exchanges, has unveiled a trading bot on its Huobi Global mobile app that will enable investors to capitalize on price volatility in the cryptocurrency market.
  • The trading bot allows users to place, buy, and sell orders at certain regular intervals above and below the price of a particular asset.
  • The new grid trading bot enables traders to set a strategy and control their positions to mitigate risk.
  • If the price falls below 40,000 USDT, the grid bot will automatically buy until the price breaks 30,000 USDT; conversely, if the price rises above $40,000, the grid bot will automatically sell until the price breaks 50,000 USDT.