Huobi

A group of investors filed a lawsuit in the Supreme Court of New York on the cryptocurrency exchange Huobi, its US division of HBUS and on the ICO-startup Elastos, reports Cryptobriefing. The reason for the suit was the alleged violation of securities laws. In particular, the main plaintiff Mark Owen is sure that the initial offer of the Elastos project coins, which took place last year, violates Section 5 of the Law on Valuable […]

Huobi, a major crypto-exchange, reported that, compared to 2017 last year, trading volume on the platform increased by 100%, Cointelegraph reports. Despite the "cryptozyme" and the global downward trend in companies, the Singapore Stock Exchange in 2019 increased the number of staff to 1,300 people. At the same time, in 2018, the staff of the exchange numbered 400 workers. […]

The leading South Korean cryptocurrency exchange Bithumb launched the OTC platform for institutional investors and Ortus traders. What digital assets will be presented in the listing of the site is still unknown. This is stated in a press release. Ortus is headquartered in Hong Kong, however, offices are also located in the UK, Japan, Australia and Argentina. Note that platform clients will have to undergo a strict KYC / AML procedure. It is noteworthy that Ortus […]

The Telegram Open Network (TON) blockchain platform, behind which the operator of the popular messenger stands, has been completed by 90%, and the launch of the test network is scheduled for the end of March 2019. It is reported by The Block, with reference to the report received by the investors of the project. As the newspaper notes, Telegram is actively negotiating the listing of the GRAM token at major Asian trading platforms – Huobi, Binance […]

The US subsidiary of the Huobi Group – HBUS Exchange, – has entered into an agreement with a financial company from Nevada Prime Trust to support the input / output of fiat funds, reports CoinDesk. As the newspaper notes, HBUS will allow users to trade Bitcoin, Ethereum and Tether USD together with the US dollar. At the same time, Frank Fu, HBUS CEO, stressed that the company intends to conclude a few more […]