Huobi, the world’s third-largest cryptocurrency exchange platform by trade volume, is now offering a business arm to help customers build their own digital asset exchanges.
Dubbed the Huobi Cloud, the service is set up to provide clients “a one-stop solution … [to enable] its partners to build secure and stable digital asset exchanges quickly,” according to the official press release, though it did not provide specifics on what it will offer these partners.
As such, Huobi Cloud is envisioned to strike up new global partnerships in an attempt to “promote the rapid and healthy development” of the blockchain space worldwide.
The announcement comes a day after the exchange announced it was making efforts to deepen alliances within the industry through the establishment of the “Huobi Blockchain Plus Industry Alliance.”
Indeed, the cryptocurrency exchange giant has been making efforts to build stronger networks for the blockchain industry in recent months.
The Huobi Group has just launched the Huobi Cloud platform, a solution that enables users to establish crypto exchanges on the Huobi blockchain. Reportedly, the Huobi Cloud platform has already enrolled several corporate institutions as strategic partners.
Cryptocurrency exchange Huobi which is in Singapore launched its Cloud businessarm, which will allow associates to develop digital asset exchanges rapidly.
Huobi Cloud depends on Huobi’s existing exchange platforms to offer solutions of putting together over-the-counter (OTC) exchanges and cryptocurrency exchanges for partners who have little to no IT abilties.
Huobi Group has announced the launch of a new platform, Huobi Cloud, that will allow users to build digital asset exchanges on top of Huobi’s existing platform. According to a statement shared with Cointelegraph, more than ten multinational companies have already become partners with Huobi Cloud.
Huobi Group has launched the new Huobi Cloud platform to help partners build and operate of digital asset exchanges on top of Huobi’s existing platform
Cryptocurrency exchange Huobi UK CCO, Josh Goodbody, reacted strongly to the statement from Vitalik Buterin, co-founder of Ethereum, on decentralized exchanges. Though the exchange is working towards a decentralized solution, the executive found the comment to be “visceral.
Ethereum Co-Founder Vitalik Buterin’s “I definitely hope centralized exchanges go burn in hell,” comment has received yet another response. This time, CCO of Huobi UK, Josh Goodbody, addressed the statement.
Co-Founder of Ethereum, Vitalik Buterin has sparked several responses after he openly stated that “centralized exchanges go burn in hell”. The most recent reaction comes from the CCO of Huobi UK, Josh Goodbody.
A Huobi Executive has described Ethereum co-founder Vitalik Buterin’s comments on decentralized exchanges as ‘visceral. ’ He also claimed that crypto exchanges have failed following recent hacks, including the Bancor protocol for $23 million, in an interview with NewsBTC.
Hacked Bithumb as well as OKCoin Korea, Huobi Korea and Coinone met general standards but passed cybersecurity self-regulatory requirements at a minimum level with a big gap in their results.
Exchanges Crypto exchange Huobi has started trading in Australia with 10 pairs against the AUD, including bitcoin cash (BCH). Also read: Switzerland Considers Granting Crypto Businesses Access to Banking Services Huobi Starts Trading in Australia Cryptocurrency exchange Huobi has announced it is launching in Australia.
Recent updates about the operations of cryptocurrency exchanges is the main focus in today’s edition of Bitcoin in Brief. Stories include the official opening of Coinbase Custody, a spat between Hitbtc and John McAfee, the relaunch of the BTCC exchange and Huobi’s postponement of Hadax voting.
Huobi, which recently announced it suspended services in Japan, will be setting up a new office in London. Coinbase, which is about to introduce GBP deposits and withdrawals, will open a branch in Portland, on the US West Coast.
The cryptocurrency industry is very peculiar, for many reasons. New tokens and currencies are created on a regular basis, yet most of them will never make it onto centralized exchanges. It is time that situation changed.
Breaking News out of Japan states that Huobi Pro, one of the biggest cryptocurrency exchanges in the world is set to withdraw from Japan and will cease to provide exchange services to customers there.
China-based FCoin – a new crypto exchange launched in May that takes a novel revenue model – has come under the spotlight after its trading volumes appear to have almost immediately surpassed some of the largest exchanges.
On Friday, June 8th Financial Magnates reported that Huobi (the world’s third-largest crypto exchange by trade volume) has created a brand new digital currency trading marketplace in the US. As it competes with leading rival crypto exchanges Binance and OKEx, Huobi has been vigorously diversifying its investment products and services while also now announcing the […]
Oasys, a blockchain platform specializing in the gaming industry, announced a strategic partnership with Japan’s financial conglomerate, SBI Holdings, according to an Aug. 29 press release.
Bitwise Asset Management has announced the acquisition of ETC Group, a London-based digital asset manager known for creating Europe’s largest physical Bitcoin ETP, BTCE. This strategic move elevates Bitwise’s assets under management (AUM) to over $4.
Block Inc. and Core Scientific have announced an agreement to supply Core Scientific with Block’s new 3-nanometer mining ASICs. Core Scientific will be the first to integrate these advanced chips into its large-scale mining operations.
Core Scientific (CORZ) has rejected an “unsolicited” $1 billion buyout offer from CoreWeave, deeming it significantly undervalued and not in the best interests of its shareholders. The proposal, which offered $5.
Quick Take According to Newhedge, Bitcoin’s mining difficulty has decreased by -0. 78%. This is the second negative adjustment in the last four, following the Bitcoin halving on April 20. The halving led to a delayed hash rate drawdown due to sustained high fees from Runes, which incentivized some miners to stay online.
Crypto broker Bitpanda will use Deutsche Bank to handle customer deposits and withdrawals. Bitpanda announced the partnership in a June 4 blog post, adding that Deutsche Bank will provide real-time payment services to Bitpanda users.
Coinbase has formed a coalition with industry giants from across the tech sector to combine resources and expertise to tackle the growing issue of online fraud and financial schemes. The “Tech Against Scams” coalition includes industry giants like Match Group, Meta, Kraken, Ripple, Gemini, and the Global Anti-Scam Organization (GASO).