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Huobi HTX VIP Customer Service Manager: Fully support the innovative development of DeFi, AI and other crypto ecosystems

Huobi HTX VIP customer service director was invited to attend the roundtable forum "Conductors in the World of Cryptocurrencies. What Top Exchanges Think about 2024?" at Blockchain Life 2024. She pointed out that DeFi, NFT, metaverse, and AI have developed rapidly in the past two years, with many innovative technologies and projects emerging, especially the AI field in its early stages, which is worth paying attention to. As one of the top exchanges, Huobi HTX needs to take on greater responsibilities and promote the development of these fields. In the future, they will communicate and cooperate with more developer communities, and hold hackathons and other activities, hoping to discover some excellent development teams and projects early on. At the same time, they will provide certain support for these excellent projects in terms of listing, assisting the project parties to enter the trading field more quickly. Finally, they will assist in improving, implementing operation and market expansion plans to promote the development of a wider Web3 ecosystem. In addition, regarding the increasingly complex network security threats, she stated that Huobi HTX has cooperated with third-party custody service providers such as Fireblocks and has implemented Merkle Tree Reserve Proof to provide users with comprehensive protection mechanisms and create a trusted trading environment.

Huobi HTX 21st coin mining will be launched at 20:00 on April 12, lock $HTX to share 1,800,000 ASTO rewards

Huobi HTX announced that the 21st new coin mining (PrimePool) will be launched at 20:00 on April 12th and will end at 20:00 on April 22nd (UTC+8). Users can share 1.8 million ASTO rewards by locking $HTX. The 21st new coin mining activity uses $HTX mining, and the minimum personal total lock-up is 156,250,000 $HTX, which can be withdrawn at any time. The number of tokens participants receive per hour will be distributed proportionally based on the actual $HTX locked by everyone, and different lock-up amounts will have different reward coefficients.

Huobi HK’s application for a virtual asset trading platform license submitted to the Hong Kong Securities and Futures Commission was withdrawn on February 23

The Hong Kong Securities and Futures Commission's official website updated information shows that the virtual asset trading platform license application submitted by Huobi HK to the Hong Kong Securities and Futures Commission was withdrawn on February 23. As of now, the number of applicants for virtual asset trading platform licenses revoked and returned by the Hong Kong Securities and Futures Commission is four, including Ammbr, BitHarbour, and Meex in addition to Huobi HK. According to information disclosed by the Hong Kong Securities and Futures Commission, reasons for license applications being returned, rejected, or withdrawn include but are not limited to the following:

Huobi HTX is about to start liquidity re-staking

According to the announcement from Huobi HTX, Huobi HTX will launch Liquid Restaking on February 29th at 17:00 (UTC+8). Users can participate in the event by signing up with their spot balance to share rewards, including token rewards, EigenLayer, Merlin Chain and other star project early airdrops. Participants can share over 50 million US dollars worth of airdrop rewards (250 BTC, 2,500 ETH, 25,000,000 USDT, 25,000,000 TRX, 1,500,000,000,000 HTX). It is reported that Liquid Restaking supports BTC, ETH, USDT, HTX and TRX. Users who participate in the event can receive the first token airdrop of EigenLayer (an Ethereum staking star project with a on-chain staking amount of over 7 billion US dollars), the first token airdrop of Puffer (an Ethereum staking star project with a on-chain staking amount of nearly 1 billion US dollars), the first token airdrop of Merlin Chain (a Bitcoin layer 2 solution with a on-chain staking amount of over 1.5 billion US dollars), the first token airdrop of BounceBit (a Bitcoin staking chain with a on-chain staking amount of over 450 million US dollars), as well as token rewards such as ETH, USDT, HTX, and TRX. Rewards will be distributed in points, which can be used to exchange on-chain project airdrop rewards. During this event, no matter what risks occur on the chain, user assets will not be affected. The event will start at 17:00 (UTC+8) on February 29th, and users can participate by signing up with their spot snapshot.

The HTX DAO 2024 The People's Exchange Launch Ceremony successfully

On February 2nd, the HTX DAO 2024 and People's Exchange Launch Ceremony was held in Singapore, marking the beginning of HTX's decentralization journey and establishing the People's Exchange as its core ethos. At the event, HTX DAO core supporter and member of the Global Advisory Council of HTX, Justin Sun, was present and delivered a key speech, interpreting the concept of the first People's Exchange. In addition, there was a collaborative discussion on the governance of HTX DAO and the People's Exchange with the HTX DAO Governance Committee, ecosystem participants, and industry media. HTX DAO not only revitalized HTX but also demonstrated its commitment to empowering the community with decision-making authority.

Huobi Korea will terminate virtual asset trading services on January 29, but will continue to support withdrawals

Huobi Korea plans to terminate virtual asset trading services on January 29, 2024, while continuing to support customers in withdrawing assets (Korean won and virtual assets) until all customer assets are fully withdrawn.

Huobi HTX released further explanation of the attack, and deposits and withdrawals are expected to resume within 24 hours

Huobi HTX released further information on the attack: "Huobi HTX has now properly handled the attack incident, and Huobi HTX promises to fully compensate for the losses caused by this attack, and 100% guarantees the safety of user funds. The proportion of Huobi HTX's loss of funds in this incident is extremely small compared to the total amount of platform funds, and the normal operation of Huobi HTX will not be affected. In addition, Huobi HTX is expected to resume deposit and withdrawal services within 24 hours, and the specific recovery time will be notified again."

130 HBTC transferred to Huobi

According to Whale Alert monitoring, 130 HBTC (about $5.07 million) were transferred from an unknown wallet to Huobi.
130 HBTC transferred to Huobi

Huobi HTX will list CBK (Cobak) on November 18

According to official sources, Huobi HTX will open CBK deposit service on November 18 at 16:00 PM (GMT+8). CBK/USDT spot trading will open on November 21 at 13:00 PM (GMT+8). CBK withdrawal service will open on November 22 at 13:00 PM (GMT+8).

Huobi HTX updates the Merkel tree asset certificate in November, and the reserve ratio is greater than 100%

On November 13th, according to official sources, Huobi HTX has updated the Merkle Tree asset proof data for November. The specific reserve ratios for this update are: USDT 103% (Huobi HTX assets 562,829,746), BTC 101% (Huobi HTX assets 23,063), ETH 102% (Huobi HTX assets 129,785), HT 102% (Huobi HTX assets 168,026,439), TRX 100% (Huobi HTX assets 9,670,958,871). Among them, the USDT and ETH data already include stUSDT, USDT-T-Bills assets, and BETH, stETH. The reserve ratio equals the balance of Huobi HTX wallet divided by user assets, used to measure whether Huobi HTX has sufficient asset reserves. If the reserve ratio is greater than 100%, it means that the wallet assets of Huobi HTX exceed the total amount of user-held assets. Huobi HTX stated that it will conduct regular asset audits and use this page and function to prove to the public that Huobi HTX has sufficient reserve guarantees to ensure the safety of user assets.