• Huobi not regulated Seychelles
    Cryptocurrencies,  Regulation

    Where in the world is Huobi?

    The Seychelles financial regulator warned that a company that ‘appears to be affiliated’ with crypto exchange Huobi Global is not licensed in its jurisdiction

    The regulator then said it “hereby informs the public that the aforementioned IBC does not hold any license issued by the FSA to undertake such type of activity” and “is not being regulated by the FSA nor has it been in the past.”

  • Huobi, Binance Steemed at Justin Sun Hive Takeover
    Alt coins,  Cryptocurrencies,  People

    Huobi, Binance Steemed at Sun

    The two cryptocurrency exchanges that Tron CEO Justin Sun suckered into supporting his abortive ‘hostile takeover’ of Steem are helping boot him off the blogging platform

    Actually, it’s more like Binance and Huobi are helping the Steem community abandon Sun. On March 17, leading Steem developers and community members announced Hive, a hard fork of the social blogging platform’s blockchain designed with one goal: to recreate Steem without the 65 million STEEM tokens (and their 20% governance vote) Sun received when he acquired blockchain developer Steemit.