Tag: Huobi

Chainalysis Report Confirms Huobi and Binance are Invovled in Laundering Illicit BTC Streams

Chainalysis is a well-respected blockchain analysis firm. In its yearly report, the findings do not paint a positive picture for some key crypto exchanges. The yearly Chainalysis report always provides some interesting insights into the cryptocurrency industry. Chainalysis Keeps Following the Funds For years, bitcoin and altcoins have often been associated with money laundering and tax evasion.  This report seems to confirm that there is some truth to these statements …
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Huobi Prime to Start Offering “Selective” Token Listings Next Week

Cryptocurrency service providers are always looking to gain a competitive edge. A fair few exchanges are now moving well beyond trading services in this regard. Huobi Global has announced the launch of Huobi Prime, which will serve as a “selective token listing channel”. A lot of people seem to compare this to Binance’s Launchpad, which has become a rather big success in a very short amount of time. The Purpose …
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Binance and Huobi Launch Startup Funds

The third-largest cryptocurrency exchange by daily trading volume, Huobi, has launched an investment fund that will invest in blockchain companies. According to China Money Network, the fund will be a partnership between the Singapore-headquartered exchange and two other firms, and seeks to raise 100 billion Korean won (US$93 million). The announcement comes just days after another leading crypto exchange, Binance, announced a similar move. Fostering The Blockchain Startup Ecosystem Huobi’s investment …
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Investors Remain Bullish on Cryptocurrency, Huobi Report Shows

One would expect overall investor sentiment regarding Bitcoin and altcoins to be rather pessimistic. Most people are all too aware that the current market trend is only temporary, though. As such, the results of the recent Huobi Industry Data Report paint an interesting picture. According to this information, overall sentiment remains rather optimistic. Bullish Expectations Remain in Place After three months of nothing but steady value declines, one would expect investors …
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