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Tag Archives: huobi

Huobi Partners With Dominica to Issue National Token DMC on Tron

Cryptocurrency exchange Huobi announced the launch of the world’s first national token, DMC (Dominica Coin) and Dominica DID, under the authorization of the government of the Commonwealth of Dominica. For the project, Huobi tapped Tron Network and DMC Labs. According to the official press release, both Dominica DID and DMC were originally issued on the Tron Network. Support cross-chain interaction with Ethereum, BSC, and other public chains via the BitTorrent Chain protocol...

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Huobi Announces Global Delisting of Native Stablecoin HUSD

Seychelles-based crypto exchange Huobi will no longer support trades for its native stablecoin, HUSD. Users with funds stored in that token will have their assets auto-converted into USDT – the world’s largest stablecoin – at a 1:1 ratio.  In an announcement on Thursday, the exchange explained that the delisting is “in compliance with Article 11 of Huobi Global Token Management Rules.” The article gives Huobi Global the right to inspect its project team at any time fo reasons...

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3 Reasons for Huobi Token (HT) Price Surge Today

Huobi Token (HT) – the native cryptocurrency of Huobi Global – spiked by approximately 18% hours after Justin Sun confirmed he will take an advisory role in the exchange. The recently announced Global Advisory Board will aim to guide the company’s business efforts and expansion plans, as well as receive a fresh investment. Huobi announced the establishment of the new unit yesterday (October 9th) and immediately invited some industry leaders to join it. One of those...

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Diplomatie: Das Abenteuer eines jungen chinesischen Krypto-Tycoons

Die Mitglieder der Welthandelsorganisation (WTO) haben auf der 12. Ministerkonferenz (MC12) ein noch nie dagewesenes Paket von Vereinbarungen erzielt. Im Alter von 31 Jahren war Justin Sun als Leiter der Delegation von Grenada Zeuge des Zustandekommens des „Genfer Pakets“.„Das ist ein aufregender und heiliger Moment“, erinnerte sich der junge Milliardär später. Bevor er als Botschafter Grenadas bei der WTO am MC12 teilnahm, war Justin Sun weithin als Gründer von TRON bekannt. Statistiken...

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Huobi Breaks Down the HUSD Depeg Timeline

The Seychelles-based cryptocurrency exchange Huobi has provided a timeline explaining its actions during HUSD’s de-pegging event on Thursday.  The exchange confirmed that the problem began with the stablecoin’s issuer. According to a tweet from Huobi, the firm detected “unusual price fluctuations” from its namesake stablecoin at 10:05 UTC on August 18.  Within five minutes, Huobi contacted the issuer of HUSD, Stable Universe Limited.. By 10:30, both the exchange and issuer...

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