BMAN and Huobi Co-founder Form $400M Web3 Fund
BMAN Lee, core contributor of the developer community BeWater, and Jun Du, co-founder of Huobi Group, have formed ABCDE Capital, a $400 million Web3 fund.
Tag: #Huobi
Showing 7 of 7 posts with this tag
Over 20 Virtual Currency Companies Withdraw from Chinese Market Following Strict Regulations
According to data gathered by reporters at Securities Daily, as of October 7, over 20 virtual currency-related enterprises have announced that they would completely withdraw from the Chinese market.
10/8/20212 min read
Cryptocurrency Exchange OKEx to Withdraw from Chinese Mainland Market
OKEX announced on Wednesday that it had shifted its core business to international markets since 2017 and stopped promoting and providing services to the mainland China market.
10/14/20212 min read
China NFT Weekly: New Forays Into the Metaverse
This week: Blibili tests 'UPowerchain' to develop the metaverse, Huobi picks Singapore as its Asia base, Binance CEO is now the richest Chinese person in the world, and more.
12/9/20217 min read
China NFT Weekly: China's Crackdown on Crypto Continues
This week: Huobi plans for return to the U.S. months after shuttering its China business, China's Supreme Court adds digital currency to list of illegal fundraising methods, and more.
2/25/20227 min read
China NFT Weekly: NFTs as Status Symbols
This week: Chinese label Modern Sky debuts first virtual musician, The Sandbox to launch metaverse incubator program, Chinese government rejects metaverse trademark applications, and more.
1/28/20228 min read
Huobi Initiates Removal of Tens of Millions of Chinese Users, Internal Structure Greatly Adjusted
On December 14 and 15, the company will stop the currency filling and currency trading business of Chinese mainland users.
12/14/20213 min read