Huobi Archives - Pandaily

SEC Sues Justin Sun and His Companies Over Crypto Violations

On March 22, SEC filed a formal lawsuit against Justin Sun, the founder of Tron, as well as three of his wholly-owned companies. The charges against them include accusations of selling securities illegally, engaging in fraud, and manipulating the market.

Huobi Aims to Obtain 100 Million Users by End of 2023

Cryptocurrency exchange firm Huobi, which oversees a continuously running platform without a single security breach in 10 years of operations, has set a goal of reaching 100 million users by the end of 2023.

Huobi Co-Founder Appointed CEO of New Huo Tech to Diversify Digital Asset Business

Jun Du, the co-founder of crypto exchange Huobi, has been appointed as the executive director and CEO of New Huo Tech, leading the Hong Kong-listed one-stop crypto asset service platform to further diversify its digital asset business in the future.

Huobi Partners With Tron to Launch First National Token in Dominica

In order to advance the global development of Web3 and the metaverse, Huobi has partnered with Tron Network and DMC Labs to jointly launch the world's first national token, the Dominica Coin (DMC).

Huobi Launches Refreshed Brand, Unveils Post-Acquisition Global Expansion Roadmap

Crypto exchange Huobi Global launched a refreshed branding strategy on November 22, under which it will now simply be known as "Huobi." The brand upgrade also came with the unveiling of a global expansion roadmap since it was acquired by About Capital Buyout Fund last month.

Who Is Responsible for the GALA Token Incident?

The price of a GALA token on crypto exchange Huobi recently plummeted to nearly zero, stemming from a maneuver carried out by pNetwork, which locked up GALA on the Ethereum blockchain and re-minted it as "pGALA" on the Binance Smart Chain.

Huobi Denies Mass Layoffs and Departure of Executives

Reports have emerged claiming that the former CEO and CFO of Huobi, a crypto exchange that has been purchased by a Hong Kong-based investment company, have resigned, and that large-scale layoffs will be carried out. However, this report was then denied by company officials.

Justin Sun Is Reportedly the Core Investor of Huobi Acquirer About Capital

Justin Sun, a Chinese cryptocurrency entrepreneur and the founder of Tron, a blockchain DAO ecosystem, is reportedly the core investor of Hong Kong-based investment company About Capital Management, which recently purchased crypto exchange Huobi Global.

Crypto Exchange Huobi Acquired by About Capital, Founder Steps Down as Shareholder

Huobi Global, a leading crypto exchange, has agreed to be purchased by Hong Kong-based investment company About Capital Management (HK) Co., Limited. Leon Li, Founder and CEO of Huobi, will no longer serve as the shareholder and actual controller of the company.

Huobi to Delist Seven Privacy Tokens Amid Regulatory Clampdown

Huobi, one of the world's leading crypto exchanges, on September 6 terminated trading services for seven privacy tokens, which will begin to be delisted on September 19 in order to achieve compliance with tightening financial regulation around the world.