Mon, June 24

Huobi HK Withdraws Application for Virtual Asset Trading License in Hong Kong

HTX’s Hong Kong subsidiary has taken down its application to run a “virtual asset trading platform” that provides retail trading services, according to the website of the relevant regulator. According to the South China Morning Post, which cited the Securities and Futures Commission’s list of license applicants, HBGL Hong Kong

February 27, 2024 2 mins read

Major $20 Million Huobi Token (HT) Burn Announced by Justin Sun

Justin Sun, the advisor of Huobi Token (HT) and founder of TRON, announced today the burning of 20 million HT tokens, valued at a staggering $60 million. This move marks a pivotal moment in HT’s history, signaling a significant reduction in circulating supply, with only 134 million HT remaining in

February 6, 2024 2 mins read

Hacker Restores Entire $8.2 Million Worth Stolen ETH to HTX Global

Lookonchain, a provider of blockchain analytics and insights, claims that the hacker who broke into HTX Global (previously Huobi) has restored all of the stolen funds. HTX Global received a total of 4,999 Ether (ETH) worth $8.2 million in refunds. Last week, an unknown hacker breached the crypto exchange’s security,

October 7, 2023 1 min read

Justin Sun Led HTX Crypto Exchange Hacked of $7.9 Million

According to a report published by blockchain analytics company Cyvers, HTX (previously Huobi Global) crypto exchange was compromised on September 24. The hack has resulted in the loss of $7.9 million worth of cryptocurrency. A Chinese message was sent to the hacker through a Huobi hot wallet. The exchange claims

September 25, 2023 1 min read

Crypto Exchange Huobi Rebrands as ‘HTX’ on 10th Anniversary

In a contentious marketing effort for its 10th anniversary, crypto exchange Huobi is changing its name from “Huobi” to “HTX.” The name change was announced by Huobi on September 13. The “H” stands for Huobi, the “T” for Justin Sun’s Tron blockchain project, and the “X” stands for the exchange

September 13, 2023 1 min read

Huobi Announces Listing of PayPal’s PYUSD Stablecoin

Huobi, a cryptocurrency exchange, has informed its customers that the recently introduced PayPal (PYUSD) stablecoin would be available for trading on their platform on September 7th. The release states that PYUSD deposits will begin at 03:30 (UTC) today, while PYUSD spot trading pairings (such as PYUSD/USDT, BTC/PYUSD, and ETH/PYUSD) will

September 6, 2023 1 min read

PayPal’s PYUSD Stablecoin Now Listed on Huobi Exchange

Within the first day of its release, the Paxos-issued PayPal USD (PYUSD) stablecoin was listed on the Huobi cryptocurrency exchange, led by Justin Sun. The PayPal USD (PYUSD) stablecoin, was launched on Monday by PayPal and is tied to the US dollar. Huobi, the world’s largest cryptocurrency exchange, made the

August 8, 2023 2 mins read

Justin Sun Addresses Huobi Exchange’s Bankruptcy Rumors

Fears of bankruptcy and reports that Chinese authorities are investigating Huobi’s management led to $64 million in withdrawals during the weekend. Total value locked (TVL) on the exchange fell to $2.5 billion from $3.09 billion the previous month as speculations persisted. The top management of the exchange was allegedly detained

August 7, 2023 1 min read

Huobi Founder Reportedly Files Lawsuit Over Trademark Infringement

Huobi founder Li Lin claims that the cryptocurrency exchange is in violation of the terms of the purchase agreement by making use of the Huobi brand. X-Spot Co. Limited, owned by Li Lin, reportedly sued Huobi Global for trademark infringement at the High Court of the Hong Kong Special Administrative

June 22, 2023 2 mins read