Blockchain 

Huobi to Freeze All US Accounts and Push Users to New Platform

Huobi, the popular Singapore-based crypto exchange, has announced that it will freeze all US accounts by November 13 due to the particularly stringent regulatory environment that has forced the exchange to prohibit US users. Huobi Pushes Users to New Independent Platform In a blog post from the exchange published over the weekend, Huobi has said that its user agreement expressly prohibits US-based crypto traders from using the platform in line with the laws and regulations of the US. The accounts of those users have been gradually disabled in order to…

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Blockchain 

Huobi Intends to Open Fiat Gateway with Lira-Tether in Turkey

The cryptocurrency space has come a long way over the past five years, and one of the more important members of a growing ecosystem has been the global crypto exchange Huobi. The company has done a lot to increase awareness about the crypto sphere and in turn, has been one of the biggest contributors towards the current popularity of crypto. Key Details In a new development, Huobi announced that it is on the verge of launching a new fiat gateway for a customer in Turkey. It will open as many as…

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Blockchain 

Huobi Tokens | Huobi Group Buys Back 14 Million HT Tokens

Huobi has withdrawn 14 million Huobi Tokens (HT) from the open market. The move is part of the cryptocurrency exchange’s plan that seeks to stabilize the altcoin price as well as create new incentives for users by curbing inflation. An Ethereum address is to store the withdrawn tokens expected to form a reverse fund. By slashing down 14 million tokens, the exchange has essentially reduced the supply of tokens from their initial supply of 310 million coins. The reduction comes at a time when the altcoin has picked up some pace,…

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Blockchain 

Crypto News | Huobi Adds XRP and IBM Releases X-Force Red

Crypto news has been fairly slow this week, minus a few major announcements. Huobi Global just announced support for XRP. Another piece of news that should excite investors is IBM releasing its new X-Force Red. Huobi Adds XRP to OTC Trading Desk #Huobi OTC #announcement is now here!$XRP @Ripple will launch on #Huobi #OTC at 10:00 6 March.Details here: https://t.co/BsBc3KEN37 @bgarlinghouse #Ripple pic.twitter.com/cpCZjG0Cmv — HuobiGlobal (@HuobiGlobal) March 5, 2019 Yesterday, Huobi released word that XRP would launch on its OTC platform today, making this the biggest piece of crypto news…

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