Cryptocurrency exchange and derivatives platform Huobi Group said its Huobi Token is the first global exchange token to win regulatory approval by Japan’s tough Financial Services Agency.
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- Huobi hopes its new Star Atlas tool will ferret out fraudsters and money launderers (Photo: Piqsels)
Huobi targets money laundering, fraud
New Star Atlas analytics tool will allow the cryptocurrency exchange to automatically detect and trace fraudulent or illegal transactions
Huobi Group announced today that it has launched Star Atlas, a new analytics tool designed to monitor on-chain transactions and activities “in real time to identify and flag suspicious or problematic transactions" such as money laundering, fraud, illegal dark web sales, and even price manipulation.
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Huobi perpetual swaps ‘exploit market volatility’
Huobi DM pitches new perpetual swaps futures contracts as a way to profit from extreme price swings
In the wake of Black Thursday, Huobi Group’s derivatives platform launched a perpetual swaps product it says can help cryptocurrency traders profit from market volatility, and also hedge against it.
- Black Tuesday had much better visuals than Black Thursday, especially on the floor of the NYSE (Photo: Wikimedia Commons).
Huobi DM putting brakes on margin calls
The new feature should slow or stop borrowers’ assets being automatically liquidated after sudden price crashes, which can cause “extensive user losses”
Derivatives trading platform Huobi DM has announced a new feature designed to “minimize user exposure during times of severe market volatility” in digital assets. Its solution is to unveil a new mechanism that performs liquidation gradually.