As Hong Kong seeks to become the crypto hub for Asia once again while adopting crypto-friendly regulations, crypto exchange Huobi is willing to make a move in its market.

Digital-asset exchange Huobi plans to expand its operations in Hong Kong, betting the city’s pro-crypto pivot presages an easing of the ban on virtual coins in mainland China and hence smoother access to users there.

Seychelles-based cryptocurrency exchange Huobi Global Hints at Potential Listing of Shiba Inu’s Bone ShibaSwap (BONE).

Crypto exchange Huobi said DebtDAO would burn 18 million  FTX User Debt (FUD) tokens later today because it rallied to a much higher value than the recommended price, according to a Feb. 7 statement.

Huobi recently treated FTX users with great news. The exchange has recently listed the FTX users’ Debt (FUD) token. The bond token showcases the high-value FTX debt asset that can assist crypto users everywhere. The token will allow creditors to access a new level of liquidity, letting them trade FTX debt across the market.

Justin Sun, the founder of exchange Huobi, has put his name behind Debt DAO, a project claiming to be issuing FTX users’ debt as a bond token, FUD, on behalf of FTX creditors. In a Twitter thread, Debt DAO said it has been notified of around $100 million in debt by FTX creditors.

Crypto exchange Huobi announced that it is scheduled to list FUD(FTX Users’ Debt) on Feb.5. 

Dear Huobi Users,

It is understood that Huobi's personnel optimization plan is no lower than the industry average.

Binance recently tweeted about freezing accounts linked to the $100 million Harmony One attack. The exchange also provided assistance when the attacker tried to launder the funds through Huobi.