In recent developments, the Financial Conduct Authority (FCA) of the United Kingdom has added over 140 cryptocurrency exchanges to its list of non-authorized firms. This move by the regulatory body sends a clear message to consumers, urging them to exercise…
BitTorrent Collaborates with Huobi to Develop Promising L2
Huobi, a crypto exchange headquartered in Singapore, announced that it will join the BitTorrent Chain (BTTC) ecosystem and support the development of a Layer 2 network on BTTC. The collaboration will promote an on-chain open financial system. This partnership will…
Genesis Forced to Cut Workforce as Market Struggles
According to a company representative, Genesis Global Trading laid off employees on Thursday. Derar Islim, the interim CEO, stated publicly prior to the announcement that the company needs more time to find an appropriate solution to its current problems. 30%…
Rumors of Layoffs at Huobi Denied, But Concerns Persist
According to reports on Twitter, the cryptocurrency exchange Huobi has laid off employees and ceased internal communication, prompting some members of the community to advise users to withdraw their funds. However, an exchange adviser has denied these rumors. On January…
Dominica And Huobi Jointly Launch Digital Identity Program As Major Crypto Firms Eye the Caribbean
Cryptocurrency exchange Huobi has teamed up with the Commonwealth of Dominica to launch a digital identification and national token service that promises the West Indian island nation’s digital citizenship. Metaverse and Web3 In the Caribbean Dominica, which is not to…
Huobi Partners with UAE Firm to Offer Crypto Real Estate Payment Services
Big name cryptocurrency exchange Huobi will be partnering with a real estate firm in the United Arab Emirates (UAE) to allow real estate investors to pay in cryptocurrencies. The major exchange out of Singapore has partnered with fäm Properties- a…