Cryptocoins News / Blockchain - 1 year ago
Recently, the firm cut off 20% of its employees and disclosed a $6 million outflow. Reports say Huobi Korean chairman Cho Kook-bong will buy Li's stake. (Read More)
Cryptocoins News / The Cointelegraph - 1 year ago
Chairman Cho Kook-bong will also take over a majority of shares previously held by co-founder Leon Li. South Korean media outlet New1 reported on Jan. 9 that cryptocur...
Cryptocoins News / EthereumWorldNews - 1 year ago
Summary: The Korean division plans to operate on its own and separate from Huobi Global, the parent company of the Singapore-based crypto exchange.Local media house News1 reported ongoing negotiations for an equity deal between major shareholders...
Cryptocoins News / CoinJournal - 1 year ago
Pi Network is one of the biggest blockchains in the world. Huobi listed Pi/USDT, a coin that has been disowned by Pi Network. Huobi, the global cryptocurrency exchange, made the controversial decision to list Pi Coin last week. Since then, PI/U...
by COINS NEWS - 1 year ago
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by COINS NEWS - 1 year ago
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by COINS NEWS - 1 year ago
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More / Bitcoin Reddit - 1 year ago
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Bitcoin News / Bitcoinist - 1 year ago
Huobi Token (HT) appears to be in a vulnerable state as it continues to deal with the drama that is happening within the Huobi cryptocurrency exchange. While the crypto hiked its trading price by 3.2% during the last 24 hours to trade at $4.72 at the...
by COINS NEWS - 1 year ago
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Cryptocoins News / Finance Magnates - 1 year ago
<p class="MsoNormal">The downsizing wave that swept through the cryptocurrency industry in 2022 is still on track as Seychelles-based cryptocurrency exchange, Huobi, has disclosed its plans to prune down its workforce by 20%. </p&g...
Bitcoin News / Bitcoin.com - 1 year ago
The cryptocurrency exchange Huobi is laying off 20% of its employees, according to multiple reports over the past two days. However, Huobi’s advisor Justin Sun, the founder of Tron, told the South China Morning Post that the layoff reports wer...
Cryptocoins News / The Cointelegraph - 1 year ago
According to a report by Nansen, approximately $94.2 million has flowed out of the exchange within the past week. Cryptocurrency exchange Huobi has seen over $94.2 mil...
Bitcoin News / Google News Bitcoin - 1 year ago
Huobi Layoffs Spark Controversy and Speculation, Justin Sun ...& & Bitcoin News
Cryptocoins News / EthereumWorldNews - 1 year ago
A wallet associated with Justin Sun has transferred more than $100 million into crypto exchange Huobi.The funds originated from Just Lend, a lending platform on Tron.Huobi is under scrutiny as it undergoes a restructuring program following the acqui...
by COINS NEWS - 1 year ago
TL;DR: Crypto exchange Huobi is showing signs of internal distress, it causes its customers to panic, even though the exchange's representatives communicate confidence and stability. It looks like Huobi, the cryptocurrency exchange that's h...
Bitcoin News / Bitcoinist - 1 year ago
TRON founder Justin Sun, rumored to be the shadow owner of Huobi Global, has confirmed that the crypto exchange was laying off a significant amount of its workforce. This comes amid several rumors circulating in the crypto community, all of which end...
by COINS NEWS - 1 year ago
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Cryptocoins News / CoinJournal - 1 year ago
Cryptocurrencies remained on edge in the first week of 2023. The hawkish Fed minutes led to more concerns about the industry.& Tron, VIDT, and Huobi Token will likely dive during the weekend. Cryptocurrency prices remained on edge in the...
Bitcoin News / Bitcoinist - 1 year ago
Multiple rumors surrounding Huobi and its supposed “shadow owner” Justin Sun are currently fueling fears that another crypto exchange may experience a bank run. Seychelles-based exchange Huobi has seen a significant increase in net outflo...
Cryptocoins News / The Cointelegraph - 1 year ago
Key Huobi execs, including Huobi Group CFO Lily Zheng allegedly left the company a few months ago following the new shareholders’ takeover. Huobi cryptocurrency exchan...
Cryptocoins News / CoinJournal - 1 year ago
Key Takeaways Crypto exchange Huobi is reportedly laying off 20% of its workforce and has requested employees take their salaries in stablecoins Internal communication has reportedly been suspended in order to quell discontent Customers are pulling...
Cryptocoins News / CoinJournal - 1 year ago
Huobi Token is the best performer amongst the top 100 cryptocurrencies by market cap so far today. The Huobi crypto exchange is set to lay off 20% of its workers amidst the crypto winter. The broader crypto market could end the week in the red...
Cryptocoins News / The Cointelegraph - 1 year ago
Canceled bonuses, pay disputes, massive layoffs and a communication blackout has been claimed as part of the goings-on at the crypto exchange. Update: Huobi later conf...
by COINS NEWS - 1 year ago
Huobi has withdrawn another 70 million US dollars yesterday, accounting for 3.5% of Huobi’s scale. Huobi is reportedly laying off up to 50% of its team, cancelling all year-end bonuses, cutting salaries of senior employees and requiring employees to...
