Tag Archives: huobi

During yesterday’s turbulent price movements, most cryptocurrency exchanges recorded notable 24-hour Bitcoin on-chain flows. The Chinese-based Huobi stands above all in terms of inflow with $157M and only $78M out.Huobi’s Impressive 24H InflowsThe popular monitoring resource, TokenAnalyst, examined the 24-hour Bitcoin on-chain inflows and outflows of eight of the most popular cryptocurrency exchanges. According to the report, Huobi’s inflow outperforms dramatically every other exchange and is...

Just in time, before the new year has started, Binance said that its crypto exchange for United States-based users, Binance.US, is now available for beta testing on Android devices.In a tweet published on Christmas, the U.S. subsidiary encouraged its users to engage in the beta test of the crypto trading application on Android devices. Through this test phase, users will be able to ease some issues for Binance.US.For example, users will be able to help in identifying eventual bugs and...

When some folks claim they’re into cryptocurrencies because of the thrill of the blockchain… well, they’re lying for the most part. Or at the very least not revealing everything. All things aside, it’s about the profits. How can I make money? How can I do it fast? How can I do it legitimately and securely?Whereas media sources nowadays bombard their readers and viewers with a zillion ways to make a quick buck by trading, exchanging, and investing into cryptocurrencies, there exist other, more...

The Matic token was rising steadily during a two weeks long period and people were buying it without thinking of the possible massive price drop. However, as Coinspeaker has already reported, it happened. The project seemed successful from the start, and the investors who bought large amounts must be shocked right now. As their investments vanished and the Matic’s official response is kind of shady.Crypto. The stuff of dreams and nightmares. $MATIC was up 180% in two weeks before crashing 70%...

Top electronic payments gateway provider Simplex has added the Japanese Yen (JPY) and the Canadian Dollar (CAD) to its platform for fiat conversions. Sources indicate that the top payment gateway for many of the top cryptocurrency exchanges indicated this today.  Simplex is a fiat payments partner for many of the top cryptocurrency exchanges which include Binance, Huobi, Poloniex, OKCoin, KuCoin, Xapo, Ledger and Abra.“We’re not handling crypto directly ourselves but rather enable our...

On Sunday, December 1, crypto exchange Huobi along with other Chinese telecom players joined the country’s state-backed popular blockchain consortium Blockchain Services Network (BSN). Huobi has joined as one of the first members of BSN which is an industry alliance initiated by the State Information Center (SIC).The BSN was just launched in the last month of October by the SIC with an aim to boost the blockchain sector growth and further encourage the development of smart cities in the...

Recently we wrote about how there were some media rumors about Binance having shutdown its Shanghai following a police raid. It was then reported that Binance has relocated its 100-member Shanghai team to other offices in Singapore.However, shortly after, we reported of Binance spokesperson refuting all the claims and media reports saying that any police raid on Binance’s Shanghai office actually did not happen.Nevertheless, the story needs its closure, but also, an explanation, at least if...

The rumor in the air has been that Binance has shutdown its Shanghai following a police raid. On Thursday, November 23, several online publications including CoinSpeaker reported that Binance has relocated its 100-member Shanghai team to other offices in Singapore.The report also states that Binance has planned to shut down its Shanghai office completely. Furthermore, it added that Binance CEO and founder Changpeng Zhao and the company’s Chief Marketing Officer (CMO) Yi He, have already moved...

Recent reports currently suggest that one of the world’s largest cryptocurrency exchanges, Binance, has had its Shanghai office shutdown causing its many staff members to either work remotely or even completely abandon China and move to Singapore. According to sources familiar with the matter as cited by The Block, there is currently no fully functioning Binance Shanghai anymore.The cited sources have also added that the office was recently raided by police in the area, for unknown reasons....

Most of the asset inflows recorded by Binance this year have come from Huobi – a China-based cryptocurrency exchange. The reports come after a few weeks of serious Chinese interest as well as major blockchain-oriented announcements coming from the country.Binance’s Inflows From ChinaInitially established in China, Binance left the country when the government placed a ban on trading and had its headquarters in Malta. With the latest news coming from China, though, and the interest picking up,...