Tag: Huobi Global
Huobi and Gate.io accused of sharing snapshots with loaned funds
Shortly after publishing its asset snapshot, the Huobi exchange was found to have sent 10,000 ether to deposit addresses at Binance and OKX. Crypto exchanges have decided unanimously to share proof of reserve with the public as a way to showcase legitimacy in the wake of growing mistrust among crypto investors following the FTX collapse.…
Huobi Global denies ‘large-scale layoffs’ and key exec resignations
Huobi Global has denied reports that two top executives have resigned and stated that it has no plans to implement “large-scale layoffs” as the Seychelles-based cryptocurrency exchange undergoes a takeover. A tweet from Chinese crypto blogger Colin Wu on October 29 cited “people familiar with Huobi” as the source of the news that CEO Leon…
