Report: Huobi Overtakes Binance and OKEx in Commission Earnings

huobi

Cryptocurrency exchange Huobi has reportedly raked in a total of $483 million in commissions throughout 2018, more that the top two exchange by volume Binance and OKEx.  Half a Billion in Trading Fees According to a recent report by Korean media Sporbiz, China-based cryptocurrency exchange Huobi has raked in a total of $483 million USD in commissions throughout 2018. The report suggests that this is more than the commissions earned by Binance – the leading exchange by

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The Daily: Huobi Downsizes, New OTC Desk to Launch in US

The Daily: Huobi Streamlines Operation, New OTC Desk to Launch in USIn Wednesday’s edition of The Daily we cover a number of developments that show how cryptocurrency exchanges around the world are evolving to attract institutional investors while also adding new services to stay competitive in this bearish market. Also Read: Bitpay Reports Processing Over $1 Billion Transactions in 2018 Huobi Sheds Staff and Plans Stablecoin […]

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The Daily: Bitpay Adds Multi-Crypto Settlements, Shapeshift Downsizes

The Daily: Bitpay Adds Multi-Crypto Settlements, Shapeshift Is DownsizingIn Wednesday’s edition of The Daily we cover a new feature that will allow Bitpay merchants to automatically diversify their settlements, a downsizing at Shapeshift that will see its team cut by a third, a show of commitment to the crypto industry by the government of Malta, and a new offering of BCH margin trading. […]

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The Daily: Derivative Market Hits $12B in Volume, Reports of Layoffs, Another Fork

The Daily: Derivative Market Hits $12B in Volume, New Reports of Layoffs, Another ForkCryptocurrency 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. Also in The Daily this Saturday, major trading platforms have confirmed support for the upcoming Constantinople hard fork in the Ethereum network.    Also read: […]

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The Daily: Coinbase to Pay Users for Learning, Okex Launches Instant Messaging Service

The Daily: Coinbase to Pay Users for Learning, Okex Launches Instant Messaging ServiceIn today’s edition of The Daily we feature a number of recent developments by popular cryptocurrency exchanges. These include an educational platform by Coinbase, a communication tool for OTC traders from Okex, an important ticker update by Coinex, and an investment by ZB.com. Also Read: Atari Partners Decentralized Gaming Company, Tagomi Goes Live Learn and […]

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