Justin Sun Confirms Advisory Role in Huobi, Denies Buying It
The exact amount of the deal has not been disclosed.Â
The exact amount of the deal has not been disclosed.Â
Amid reports about FTX being among the potential buyers of a major stake in Huobi, SBF cleared that his company
Huobi and Stable Universe Limited identified the issue within 20 minutes, and HUSD returned to peg within 12 hours.Â
HUSD becomes the latest stablecoin to lose its dollar parity and face massive liquidity issues.
Huobi is looking to cease derivatives trading for New Zealand-based customers, citing compliance with local policies.
Leon Li might sell his stake in Huobi at a valuation of between $2 billion and $3 billion, while some
The latest initiative also aims to promote the Chinese yuan.Â
The next country where Huobi Group secured a regulatory nod to provide cryptocurrency services is Australia.
Securing the MSB license is a breakthrough for Huobi after losing out on Thailand and China.Â
Huobi’s founder Li Lin is reportedly looking to sell his stake in the popular crypto exchange.