2022-11-1 05:57 |
A spokesperson from Huobi Global says rumors of layoffs are “untrue” and the “senior management team is performing their duties as per normal.”
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Just eight months after its launch, Huobi’s Australian subsidiary is to be subsumed under the Huobi Global canopy, citing poor market conditions
2019-2-25 12:05 | |
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The Singapore based NEM Foundation is the latest to suffer from the prolonged bear market as it faces bankruptcy fears and axes staff. In recent months a number of crypto companies including Bitmain, ConsenSys, Huobi and Blockfolio have downsized and cut staff in the midst of the ever deepening crypto winter.
2019-1-31 10:16 | |
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ConsenSys, ShapeShift, Bitmain, and Huobi are among the notable crypto upstarts that have announced layoffs in recent weeks, citing bids to extend their financial runways. However, other Bitcoin-friendly companies have bolstered their war chests through other mediums, accentuating that venture investors haven’t shirked away from this budding sector.
2019-1-27 00:00 | |
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On January 22, 2019, Livio Weng Xiaoqi, the chief executive of Huobi Global, insisted that the company is still profitable despite the bear run and event layoffs, as new projects are launched. Beating the Bear Run Within the last year, there have been significant changes in the global cryptocurrency market and not all of them good.
2019-1-23 17:00 | |
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Cryptocurrency exchange Huobi has announced reaching $12 billion in cumulative trading volume on its derivative market in December. The news comes amid reports of job cuts at its Shenzhen office.
2019-1-5 17:43 | |
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As the price of Bitcoin and cryptocurrencies have fallen by as much as 90 percent from their all-time highs, crypto companies are starting to feel the strain. According to the South China Morning Post, Chinese crypto giants Huobi and Bitmain are planning staff layoffs owing to the almost year-long crypto winter.
2018-12-27 19:59 | |
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The crypto-winter is affecting billion-dollar players in the cryptocurrency market. After the much-publicized layoffs at ConsenSys, SpankChain, and Steemit, mining equipment manufacturer Bitmain is reportedly cutting down 50 percent of its total workforce, alongside shutting down its entire Bitcoin Cash (BCH)-focused division.
2018-12-27 05:04 | |
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President Joe Biden ordered a cryptocurrency mining facility near Warren Air Force Base in Wyoming to halt operations on Monday, calling it a threat to national security.
Massive demand for a China-listed gold ETF sent its premium soaring to 30% earlier this week.
The Chinese government has unveiled an ambitious project titled “Ultra-Large Scale Blockchain Infrastructure Platform for the Belt and Road Initiative,” with Conflux Network leading the charge.
A National People’s Congress member has submitted a proposal advocating for expanding blockchain infrastructure to bolster China's government services and economic sectors.
Bitcoin is trading at a premium in many of the world's currencies because of their relative weakness to the USD
Chinese investors are in panic mode as their stock markets crash. Some are turning to bitcoin’s store-of-value and exciting investment thesis.
Experts predict the global quantum computing sector will have grown from about $930 million in 2023 to $6.5 billion by 2030, but some global markets may be better poised for growth than others.