Half a Billion Withdrawn From Huobi as China Intensifies War on Bitcoin

Half a Billion Withdrawn From Huobi as China Intensifies War on Bitcoin
фото показано с : trustnodes.com

2020-11-4 11:47

Rumors are spreading the Chinese authorities have put under investigation Zhu Jiawei, the COO of Huobi, a Chinese run exchange with a flourishing Over the Counter (OTC) market that serves...

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In the past year, Huobi has dramatically expanded its central cold wallet. Especially the Chinese crypto exchange’s Bitcoin holdings have seen a substantial appreciation.   Huobi’s Influence Grows as More Bitcoin, USDT Funds Flow into the Exchange The influence of Huobi cannot be underestimated, but also the fact that the exchange became the biggest Bitcoin (BTC) “whale”, surpassing even the Bitfinex cold wallet.

2020-3-1 15:00


Chinese Payment Giants Alipay and WeChat Pay Tell Huobi to Remove Names off the OTC Desk

The crackdown on Chinese crypto OTC desks continues as Alipay and WeChat Pay have requested Huobi to remove their services from the exchange's over-the-counter (OTC) trading desk. The phrase “over-the-counter” can be used to refer to stocks that trade via a dealer network as opposed to on a centralized exchange. The idea behind OTC trading […]

2019-1-31 17:58


Chinese Cryptocurrency investor Loses 5.4 Bitcoin after His Huobi Wallet Account Gets Hacked

In a bizarre case reported by a Chinese cryptocurrency website, a cryptocurrency investor lost 5.4 BTC on Huobi after a successful hack on the user’s wallet. The hack gained mass attention from the Chinese cryptocurrency community who chipped in with their theories as to what could have caused the hack. The investor, named Ding, accused […]

2019-1-30 19:39