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Huobi
Breaking Down Huobi and Binance's Market Share
According to Kaiko data, Huobi’s market share has surged from 2-3% to 19% in just a couple of months. In the same time period, trade volume on the platform has seen a significant increase, despite rumors of insolvency and executive detentions sparking outflows at the beginning of August. Meantime, Binance losing some market share as it faces a lawsuit from the SEC. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

Huobi Denies Reports of Executive Arrests as Stablecoin Reserves Sink
Nansen data shows that crypto exchange Huobi’s stablecoin reserves dipped by 33% in the last week, with traders withdrawing $49 million in stables. This comes as a spokesperson for Huobi denied reports that several executives were arrested in China over the weekend. "The Hash" panel discusses the latest developments at Huobi and the state of crypto regulation in China.

Justin Sun on Hong Kong Outlook, State of Crypto Regulation
Hong Kong continues to draw in crypto enthusiasts by embracing Web3 and creating more transparent regulatory frameworks. TRON founder and Huobi Global Advisor Justin Sun discusses the outlook for crypto in Hong Kong, an update about the progress on securing Huobi's crypto trading license in the region, and his take on the U.S. crypto regulatory landscape.

Ledger Reveals Institutional-Grade Trading Network
Hardware wallet manufacturer Ledger is targeting institutions with an open, enterprise-grade trading platform designed to meet their risk management and regulatory requirements. The Ledger Enterprise Tradelink network has signed up a number of crypto exchange and broker partners including Crypto.com, Bitstamp, Huobi and more. The Hash" panel discusses the state of crypto custody after FTX's collapse.

Justin Sun Weighs in on Hong Kong's Crypto Plans, Huobi Expansion
Hong Kong's Securities and Futures Commission (SFC) has started accepting applications for crypto trading platform licenses. TRON founder and Huobi global advisor Justin Sun joins "First Mover" to discuss the new policy's impact on the crypto scene in Hong Kong. Plus, insights on Huobi's expansion, along with Sun's take on the state of crypto regulation around the globe.

Justin Sun Addresses Financial Regulation Outlook for Crypto Sector
As the Securities and Futures Commission (SFC) in Hong Kong opens up to accepting crypto trading platform licenses, TRON founder and Huobi global advisor, Justin Sun, discusses the new regulatory landscape. Sun also reflects on Huobi's expansion plans.

Binance Turned Down Justin Sun’s Offer to Buy His Huobi Stake: Source
Binance recently turned down an offer to acquire Tron blockchain founder Justin Sun’s ownership stake in rival exchange Huobi, according to a CoinDesk source. “I must point out that in the past week or so, I have not proposed any offer to [CZ] regarding the purchase of [Huobi], nor have we even discussed Huobi in the past week or so,“ Sun tweeted after the story came out.

Justin Sun: Hong Kong Has Become One of the Most Important Web3 Hubs
Huobi is planning to apply for a crypto exchange license in Hong Kong called the "Virtual Asset Service Provider license," as the city warms up to crypto. Huobi Global Advisor and TRON Founder, Huobi Global Advisor, and Ambassador of Grenada to the WTO Justin Sun shares his outlook, saying "Hong Kong is very bullish [and] the most important driving force is from mainland China."

Justin Sun: 'Confident' Huobi Will Secure Virtual Asset Service Provider License in Hong Kong
Huobi is gearing up to apply for a crypto exchange license in Hong Kong called the "Virtual Asset Service Provider license," as the city warms up to crypto. Justin Sun, founder of TRON, Huobi Global Advisor, and Ambassador of Grenada to the WTO, discusses the move, the state of crypto in Hong Kong, and the possible implications for retail investors in China. Plus, his thoughts on Binance, ETH staking, and the state of U.S. crypto regulation.

Huobi, Kucoin Still Permit Customers of Sanctioned Russian Banks To Transact: Report
According to Bloomberg, a new report from Inca Digital finds that crypto exchanges Huobi and Kucoin are permitting customers of sanctioned Russian banks to transact on their platforms. "The Hash" panel discusses the reported implications for the decentralized economy across the globe.
