June 27 (Cointime) - As part of our continuous efforts to offer you a better trading experience, Huobi will be removing the following trading pairs at 08:00 (UTC) on June 29, 2023:ADA/USDD, APE/USDD, ARPA/BTC, ETC/USDD, FIL/USDD, GAS/BTC, MATIC/USDD, QTUM/BTC, SOL/USDD, ZKS/BTC

June 26 (Cointime) - Huobi, a major cryptocurrency exchange, has removed the Cardano (ADA) trading pair from its platform, citing a commitment to enhancing the trading experience for users.

June 26 (Cointime) - According to Lookonchain, Justin Sun deposited all 11,910 $AAVE($776K) into #Huobi 20 mins ago.Justin Sun deposited 49K $AAVE ($16M) to #Binance on Oct 27, 2021, when the price was $327.And deposited 59.5K $AAVE ($8.8M) to #Binance on Jan 28, 2022, when the price was $148.

June 21 (Cointime) - Li Lin, the founder of Huobi, has filed a lawsuit against Huobi Global for trademark infringement, claiming that the crypto exchange resumed the use of the "Huobi" trademark without permission from his company, X-Spot.

June 15 (Cointime) - Huobi, a virtual asset trading platform, has announced the launch of Phase I of its Huobi Mars Program, which aims to explore the universe. The program will consist of 12 rounds, with each round featuring a themed activity for participating users to complete and mint space NFTs. One lucky user will be selected to win a monthly reward and be shortlisted as a candidate space passenger. The eventual passenger for space travel with Justin Sun will be determined in Phase II, based on evaluation criteria such as physical fitness, training, and community contribution.

Huobi recently held its mid-year conference to review progress and discuss plans for the second half of 2023. Despite a significant improvement in operational performance during Q2, Huobi and Poloniex's total on-chain assets equated to $4 billion, falling behind Binance and OKX.

Justin Sun, who no longer holds Chinese citizenship, has been setting up businesses in Hong Kong under his identity from St. Kitts and Nevis, while keeping his ownership of Huobi at a distance. He previously used his Chinese passport to establish companies, but has since relied on his Caribbean identity.

Huobi, a crypto exchange, has applied to become a virtual asset service provider (VASP) in Hong Kong and could receive a trading license by the end of the year, according to Huobi advisor Justin Sun. The application includes an 18-month grace period for regulators to approve or deny it, but Sun predicts a decision could come within six to twelve months.

The ownership of China-based crypto exchange Huobi remains a mystery, despite the acquisition announcement made by Hong Kong-based investment firm About Capital Management (ACM) in October 2022.

Huobi Global has recently announced that it has become one of the first members of the Hong Kong Virtual Asset Consortium (HKVAC). Asa virtual asset trading platform, Huobi will fully support the development of web3 businesses in Hong Kong.