嘉伟 · 18

Sorting out the industry's “hematopoietic” system, a list of Web3 education track projects

A comprehensive inventory of nearly 30 Web3 education websites to satisfy your desire to learn. By Karen, Foresight News With the launch of the Web3 education protocol Open Campus on Binance Launchpad, the combination of Web3 and education, introduction to Web3, and development education first broke into the industry. Similar Web3 education platforms will be catalysts for large-scale adoption of Web3 by breaking the barriers for ordinary Web2 users or developers to enter the Web3 world. Foresight News hereby brings together nearly 30 Web3 education platforms and official introductory and developer resource websites launched by Layer1/Layer2 for readers to learn and discuss together. Learn-to-earn/teach-to-earn education platform (including credential certification) Alchemy University is Alchemy University, a Web3 learning platform launched by blockchain development platform Alchemy in collaboration with education startup ChainShot. The training camp includes cryptography, solidity development, smart contract security, and agency contracts , delegated calls, etc., are both a Web3 development course and a complete ecosystem for building skills and networks. Link: https://university.alchemy.com/Blockchain at Berkeley Blockchain at Berkeley is a student organization founded by the Berkeley Bitcoin Association (Berkeley Bitcoin Association) in October 2016 to launch the world's first undergraduate university-approved blockchain course. Blockchain at Berkeley's courses include blockchain basics, blockchain development, blockchain technology, and Bitcoin & cryptocurrency. Link: https://blockchain.berkeley.edu/DeSchoolDeSchool is a Web3 online education infrastructure incubated by SeedAO's strategy. The DeSchool Pro version was launched in November 2022. Instructors can use this tool to issue SBT education certificates to students who have completed the course, and Web3 organizations can also use this tool to simplify the community education process. In the future, DeSchool plans to launch an on-chain education resume function and an on-chain education certification program to become Coursera+LinkedIn in the Web3 era. At the end of December 2022, DeSchool completed a seed round with a valuation of $15 million. Investors include Y2Z Venture, Zhu Jiawei, former COO of Huobi, Hu Donghai, founder of Plancker, Tang Han, founder of SeaDAO, Baiyu, and UniPass founder Zhi Xian. Link: https://deschool.app/en/learnLearnoverseLearnoverse is an educational metaverse platform launched by BitDegree. BitDegree began in 2017 and launched in 2018, seeking to use blockchain to award scholarships, preserve instructional video content, and provide certificates. Learnoverse focuses on crypto and blockchain education, and plans to combine the Learn & Earn system to build its own cryptographic learning metaverse, thereby providing a cryptographic native education concept for various characters such as learners, lecturers, crypto companies, and influencers. Link: https://www.bitdegree.org/courses/learnoverse延伸阅读：《三分钟读懂 Web3 learning platform Learnoverse: How to build a learning metaverse?》 learnWeb3learnWeb3 aims to allow more developers to join Web3, and courses are set up according to the developer's level of proficiency. In September 2022, Lear...

1206d agody zhang#launchpad #NEAR #NFTs #Solana #WEB3 #Ethereum #Binance

NetEase takes a stake in a metaverse company with Zhang Yimou's participation; Animoca Brands will raise $1 billion for its Web3 investment fund this quarter｜Metaverse Investment and Financing Weekly Issue 35

According to Metaverse Heart analysis and monitoring data, there were 19 financing incidents in the primary market of metaverse-related enterprises this week, including 14 cases where the amount of financing was disclosed, with a total scale of nearly 108 million US dollars. Compared to last week, the number of financing incidents is comparable, but the overall scale of financing has been drastically reduced. Judging from the number of financing incidents and capital distribution, relevant investment institutions are focusing on the Web 3.0 sector and other infrastructure fields. What is worth noting this week is that the metaverse company “Danghong Qitian”, which is owned by Zhang Yimou and is the co-founder, completed the B++ round of financing, and NetEase participated in this round of investment. Additionally, Animoca Capital will raise around $1 billion for its Web3 and metaverse investment funds this quarter. Currently, it is in negotiations with potential investors and will use this funding to support blockchain and metaverse startups. Meanwhile, Waterdrip Capital announced the launch of a $10 million special investment fund to support college Web3 entrepreneurs. The fund will select hundreds of student entrepreneur projects from around the world for cash support over the next 1-2 years, and help the projects start businesses in the Web3 field. The injection of new capital has brought new vitality to the development of the industry. Driven by policy and capital, the development of the metaverse sector has gradually entered the fast track. They all say “no action, food and grass first”. The basic situation in the investment and financing market can be said to be a weather vane for the metaverse industry and is worthy of our attention. Metaverse investment and financing industry distribution We mainly divided metaverse investment and financing events into three tracks: Web3.0, AR/VR, and other infrastructure, which were 12, 1, and 6, respectively. Judging from the financing scale of the disclosed amount incident, the amount of investment and financing in the Web 3.0 sector was the highest, with the disclosed financing scale reaching US$48.93 million. Among them, AirCarbon, a blockchain securitized carbon credit trading platform, completed Series B financing of 15 million US dollars. There was only one financing incident in the AR/VR sector this week, with a total financing scale of 29.14 million US dollars. The scale of other infrastructure investment and financing this week was similar to last week, with a total financing scale of US$30.57 million. METAVERSE Global Hot Financing Event ◉ Web3.0 [Young Platform] Project Description: Crypto Exchange Round: Undisclosed Amount: 16 Million Euros Investors: Azimut Leads [Ondefy] Project Description: DeFi Agreement Round: Undisclosed Amount: $1 Million Investors: AngelDAO, Paraswap, Stacker Ventures, Caballeros Capital, White Loop Capital, Cryptoast, YellowSpoons, Tenzor Capital, Stake Capital, and HyperGrowth participate in [Assure Wallet] Project Description: Web3 Wallet Round: Pre-A Round Amount: $1.4 Million Investors: Undisclosed [Calvaria] Project Description: Polygon Ecosystem Cruise Times: Undisclosed Amount: $2.5 Million Investors: Undisclosed [AirCarbon] Project Description: Blockchain Securitized Carbon Credit Trading Platform Round: Round B Amount: $15 million Investors: TRIREC, PJSC and BanPu Public Company Participate [Abelian] Project Description: Post-Quantum Privacy Protection Round: Undisclosed Amount: $3 Million Investors: Draper Dragon Led [DeSchool] Project Description: Web3 Online Education Infrastructure Round: Seed Round Amount: Undisclosed Investors: Y2Z Venture, Huobi's former COO Zhu Jiawei, Plancker founder Hu Donghai, SeaDAO founder Tang Han, SeaDAO founder Baiyu, and UniPass founder Zhixian [Magic Fantasy] Project Description: Blockchain Game Project Round: Undisclosed Amount: $3 Million Investors: EasyCoins Venture Participates in [Candy Digital] Project Description: Digital Collection Platform Round: A1 Round Amount: Undisclosed Investors: Galaxy and Sys Mesh, 10T Holdings, ConsenSys and others follow up on the “Play Today” project introduction: Golf NFT project round: Seed round Amount: 1.2 million US dollars Investors...

1320d ago元宇宙之心MetaverseHub#MetaverseHub #metaverse

IOSG Weekly Brief | Can Lido Still Dominate the Ethereum Staking Market? #156

Can Lido still dominate the Ethereum staking market? Author: Momir, IOSG Ventures This article is IOSG original content. It is for industry learning and communication purposes only, and does not constitute any investment reference. If you need to cite, please indicate the source. For reprinting, please contact the IOSG team for authorization and reprinting instructions. Market opportunity Is liquidity betting a winner-take-all market? If centralized exchanges dominate the ETH staking market, that would defeat Ethereum's goal of building a decentralized network. As shown in the figure below, Lido is a leading project in the field of ETH staking, accounting for about 30% of the market share. Despite this, there are some voices in the community that limit Lido's market share. Vitalik, for example, believes that staking projects (including centralized and decentralized ones) should self-limit the amount of staking they control, and he suggests 15% as their upper threshold. Without ideological (decentralization) concerns, this could be a winner-take-all market type due to liquidity, composability, network effects, specialization, and profit maximization. How much market share can Lido occupy? The main arguments for and against limiting the market share of individual projects are summarized as follows: Summary: 1: Lido will not impose any self-limiting measures. 2: IMO believes that a LiDO fork is inevitable, but it is hard to predict how much of the market such a fork can occupy. This depends on many factors. For example, LDO's governance actions, timing, governance innovation from a fork, etc. 3: Due to competition from decentralized and centralized players, as well as pressure from the community, Lido is expected to occupy 50% of the staking market under the best circumstances. 4: The most realistic scenario is that Lido maintains the current status quo and accounts for about 30% of the market share. Many Lido depositors choose Lido partly for mining rewards, and there may also be a portion of ETH staked on leverage that cannot be ignored. These two types of users may prioritize withdrawals after the withdrawal function is enabled. 5: At the same time, we are also looking forward to the influx of new depositors when the withdrawal function is enabled. The reason is that in this case, ETH LSD (Liquidity Staking Derivatives) transactions should be closer to the anchor value, and concerns about LSD's market liquidity will also decrease, as users can convert back to ETH within 27 hours. Thus, the withdrawal function will: - allow speculators (yield farmers, leveraged users) to withdraw their deposits, while increasing overall market confidence and making staking more attractive. - Making dominant LSD lose some of its advantages over other solutions due to the lower opportunity cost of staking. - CEX has the potential to win over users in terms of convenience by offering products that allow instant withdrawals (no need to wait 27 hours). Using the following formula, we can roughly calculate the market's implied expectations. * (1/aave_earn*steth_discount) 365stETH's current pricing indicates that withdrawals will not be enabled until approximately 460 days. In a rapidly growing market, Ethereum currently has the lowest staking rate in popular POS chains. This is likely due to the following reasons: it is impossible to directly pledge at the protocol level, and users need to accept smart contracts or escrow solutions to bring additional risk. Ethereum is a more mainstream asset, has a more decentralized community than any other POS token, but is also more concerned by speculators such as hedge funds over time, as new smart contracts are tested in practice, and as the certainty of withdrawals becomes more and more certain, we can expect a larger share of ETH to be staked. However, I'd be surprised to see more than 50% of ETH staked. The decision ideas of ETH holders are as follows: Should I invest? If so, should I use a validator node pool? If so, should I go for the decentralized version? If so, should I choose Lido? The importance of liquidity in LSD Some have pointed out that the network effect of integrating stETH, the most liquid staking derivative, with major DeFi protocols could allow Lido to win over all markets. For example, if you want to obtain liquid margin derivatives, you might choose: the best market liquidity, the deepest liquidity that is easy to exit makes LSD possible...

1327d agoIOSG#IOSG

Huobi, who was at the helm for nine years, ended his era today

On October 8, the crypto trading platform Huobi Global announced that Huobi Global's controlling shareholder company had transferred all Huobi Global shares to a fund owned by Baiyu Capital, and the merger and acquisition fund under Baiyu Capital became the largest shareholder and actual controller of Huobi Global. The formal settlement of shares and business has now been completed. Officials stated that the deal only involves changes in controlling shareholders and will not affect the existing core management and operation team. Just after the crypto trading platform Huobi Global completed the sale of shares and business to a fund owned by Hong Kong Baiyu Capital, Huobi founder Li Lin posted a social media post stating that he is no longer the actual controller and shareholder of Huobi Global, and that he no longer has any authority. “Huobi has been an unforgettable experience for nine years since I started it.” Li Lin said. Li Lin's complete departure also marks the end of Huobi's Li Lin era. In the history of cryptocurrencies, this 9-year-old trading platform has seen everything about Bitcoin in China. Old players should remember the crazy list of trading platforms from a few years ago, the big three fights, and the disputes between the founders on social media. However, with the introduction of the policy, major officials announced that they would no longer provide services to the mainland region, the Web3 industry went overseas, the mining industry shut down to find a new place to belong, and the US completely occupied the Web3 highland. According to CoinGecko, currently the trading volume of platforms such as Binance, Coinbase, FTX, and OKEx has surpassed Huobi. Now, even Li Lin, who has been fighting for Bitcoin for nine years, has left. Nine-year brief history Bitcoin actually had a relatively large population in China. It was 2013. In just a few months of that year, the price of Bitcoin increased more than tenfold, and domestic and foreign media all competed to report it. At the time, the mainstream domestic platform was Bitcoin China, and the mainstream foreign platform was Mt.Gox. However, Bitcoin China's service was not easy to use at the time. After trying to trade Bitcoin in China for a while, some users discovered that once the big market hit, Bitcoin China always went down. This gave Huobi, which had just been established at the time, an opportunity. In 2013, several major trading platforms had a surprise website interface (Source: Weibo user Little Friend Emperor) In 2011, Li Lin first learned about Bitcoin during a class reunion. Li Lin, who graduated from Tsinghua, had a technical background, and worked at the top Internet Oracle, returned home that night, inquired about relevant information and joined a Bitcoin-related discussion group. Obviously, he's interested in this product, which is different from mainstream currencies. At the end of 2012, Li Lin, who had two less successful entrepreneurial experiences, also began looking for new opportunities. After learning about the pain points of Bitcoin trading platforms, Li Lin realized this opportunity. On September 1, 2013, Huobi was officially launched. At the time, Huobi announced that it would waive transaction fees as soon as it went live, thereby attracting traffic and taking a seat. This may also be a last resort for new players. Giving up processing fee revenue and charging for value-added services also quickly gained momentum for Huobi. Since then, Huobi has been developing regularly, launching new projects and products, and steadily accumulating users. In 2017, the industry “94” appeared. On September 4, seven ministries and commissions of the Central Committee issued the “Notice on Preventing Token Issuance and Financing Risks” to stop IC0 and characterize it as an illegal financial activity. All domestic virtual currency trading platforms were ordered to close for a limited period of time and stop new user registrations. Huobi had to announce the suspension of all user transactions to deal with the impact of the policy. Under heavy crackdowns, major trading platforms stopped domestic business one after another and went overseas to develop. At this stage, Huobi began its global layout, setting up sites in South Korea, Japan, the United States, Russia, etc. However, attracted by huge profits, the “fugitive” trading platforms returned soon after the crackdown on the limelight. In July 2018, the “Beijing News” survey found that five of the top ten trading platforms in the world have opened registration for Chinese users. In November 2017, Huobi released a monthly report stating a 2055% increase in new users. In the following years, Huobi also followed trading platforms such as Binance and launched its own Token HT and IE0 services, and the trading platform entered the era of white blade warfare. Binance hasn't fully established itself in the Chinese market, Huobi and O...

1414d agody zhang#Coinbase #FTX #Huobi Global #OKEx #Binance #Bitcoin

The sequelae of the virtual currency platform's withdrawal: Huoxin will clear HCT, and users will need to withdraw or switch to unknown new points with a JD card

Early community participants spent hundreds of thousands of years in exchange for shopping cards. Arrangements for several virtual currency exchanges to remove users from mainland China have entered the countdown, and related platforms have also been affected. Recently, a user of Huoxin, a social networking platform in the cryptocurrency industry, told Blue Whale Finance that platform points will be emptied. Other than being able to exchange them for unknown new points, the other way to withdraw is to participate in a lottery or exchange for a JD card. According to the Huoxin app, the points store can be exchanged for JD cards with face values ranging from 50 yuan to several thousand yuan. Based on 33333 HCT points that can be exchanged for a JD card worth 1,000 yuan, the value of a single HCT point is 0.03 yuan. According to reports, there is no shortage of users who have invested hundreds of thousands in a few years. Some users also discovered that recently, the number of daily exchanges is limited, sometimes only once, or has been emptied. As of the evening of December 7, the JD card with a face value of 3,000 yuan had been emptied on the same day. It is difficult for large players to withdraw the full amount through redemption. The status of the new points that can be redeemed has not been officially disclosed, and the information is unequal. Faced with the unknowns brought about by lack of communication, some users were quite uncomfortable with the platform's handling. HCT is Huoxin Credit, a social networking platform owned by Huobi. The Huoxin App once launched the HCT peer-to-peer trading function, Huoxin was founded by the cryptocurrency exchange Huobi. It started public beta and launched in 2018. It is called Huobi Chat in English, and has become an instant messaging product of the Huobi system. According to Huobi Group's official website, Huoxin is a chat software specially created for the blockchain industry. Users can earn HCT native points known as “locomotives” through chat, posting article updates, and being liked. They can get 20 points by posting the first post every day. There is an upper limit on the number of points per day, and it is also known as a social networking or mining product. “Grandpa Qi”, then CEO of Huobi Global, said in an interview in a social media group that Huoxin was a social platform that Li Lin insisted on excluding his opponents. According to people close to Huoxin, the person in charge of Huoxin was initially “Lao Wang”. Due to serious system bugs, it was changed to “Egg Master” Yellow River, and later succeeded by “Grandpa Seven” Weng Xiaoqi. The latter has not appeared publicly for almost a year, and the person in charge has changed again. In 2020, reports mentioned that Huoxin had 3 million registered users. At the beginning of its establishment, Li Lin, the founder of Huobi, was active in Huoxin's official group and other groups, and also stated that “it is important to have HTC, which is equivalent to us making a Huoxin with users”, and that it is intended to be a social media for users in the coin industry; it also called for HCT not to rush to the exchange; it was driven by demand rather than hype, and encouraged users to communicate on the platform, not just buy coins (HCT). Although the founding team emphasized the need to strengthen the social platform ecosystem, they did not focus on mining HCT and trading transactions, and called HCT points rather than tokens. According to the user, the Huoxin app previously had a “flash exchange square” in-market transaction function for users to trade HCT, and the US dollar stablecoin USDT can be directly exchanged for HCT. At the same time, users can also trade privately on Huoxin, and the chat interface can send crypto asset red envelopes, including USDT, HCT red envelopes, etc. On the Huoxin app, “Redemption Plaza” is offline, and HCT's current quotes and other information are not displayed. As a platform credit, HCT's transaction function and value are also one of the factors that attract users to join. According to the picture information, there are also users who have been awarded the “HCT Large Holders” trophy based on their annual holdings. According to reports, Huoxin previously charged a certain handling fee from peer-to-peer coin transactions. The “Cash Exchange Plaza” trading platform fee brings revenue to the platform. Despite claiming to be points, the platform now also uses shopping cards to indirectly induce withdrawal of HCT assets. Many HCT holders believe that the platform should not dispose of user assets in a tough manner, and that the disposal method caused HCT prices to instantly jump sharply, causing damage to HCT investors. According to information, the HCT unit price has remained around 0.07 yuan for a long time, exceeding 0.1 yuan during the cryptocurrency bull market in 2021. Before the plan was released, the HCT unit price was around 0.04 yuan to 0.05 yuan. Currently, most of the bids of users who claim to receive HCT are less than 0.03 yuan. In the past three years, in the face of the exponential growth rate of the cryptocurrency market, HCT holders have mixed feelings. Early community participants suffered heavy losses. After repeated attempts to communicate with Huobi and Blue Whale Finance, they learned that they were not only ordinary users, but also “Little Fire” groups, that is, long-term volunteers who participated in Huoxin's early community development, community daily maintenance, and app testing. Chen Li (pseudonym), a participant who has been volunteering for more than three years, introduced Blue Whale Finance. He himself has a relevant professional background. He has submitted numerous documents for Huoxin product development proposals, as well as documents for event planning, operation and implementation. According to it, in 2019...

1718d agody zhang#platforms #Huoshin #Huobi #users #integral

Huobi Co-Founder Du Jun: Focusing on Compliance and Expanding Overseas Business

According to a report by Interface News, in response to Huobi's recent news that COO Zhu Jiawei has left his job, Huobi said that in response to recent regulatory developments and Huobi founder Li Lin's remarks on social media, Huobi confirmed the authenticity of the announcement and statement with Interface News. Huobi co-founder Du Jun said on social media that Huobi will focus on compliance business to expand overseas markets.

1780d agoLuxurytracy#Du Jun #Huobi

Huobi Li Lin: For the sake of my family, if I don't want to go abroad, everyone would have Binance and OK without Huobi

On the evening of October 6, Huobi founder Li Lin thanked Zhu Jiawei in his circle of friends. He also said, “I don't owe everyone anything. We did everything we promised, just didn't do anything extra,” did not want to go abroad, my family and children were at home, and my family didn't want to go abroad. “After a few months in Shanxi, I understand that only my family can't live without us”, “Without Huobi, everyone would have Binance and OK. I'm sorry if everyone is disappointed because of this.” People familiar with the matter said that this confession actually came from Li Lin himself. According to previous reports, Huobi Global is expelling mainland users due to China's crypto regulatory ban, and Huobi Group COO Zhu Jiawei left his job in April of this year.

1781d agoWendy#Binance #Li Lin #Huobi

Huobi COO Zhu Jiawei left his job in April this year

According to Huobi Group COO Zhu Jiawei's circle of friends, he has left his job at Huobi. Zhu Jiawei joined Huobi in 2015 and served as Huobi's CEO Assistant, Director of Operations, and Chief Operating Officer. Zhu Jiawei, born in 1982, is the chief operating officer of the digital currency trading platform Huobi. He is responsible for the management of Huobi Group's operation center and has worked for Oracle and Capgemini Consulting. He has professional experience and in-depth research in the blockchain industry, is insightful in the field of blockchain security and big data applications, and has practical experience in company management, data analysis, and business operation management.

1781d agoChen.Zou#Zhu Jiawei #Huobi

HECO's top brand switches to BSC Huobi and what will Li Lin do at the crossroads?

Wu said the author | Colin Wu, editor of this issue | Colin Wu When Li Lin regained his freedom, it was a time of heavy HECO thunderstorms and multiple outages. Competitor Binance has greatly surpassed, and OTC, which has its own advantage, is also in a serious situation. Huobi seems to have reached a crossroads, what will happen to it in the future? MDEX, the leading project created by Huobi Ecosystem Chain HECO, recently joined Binance Smart Chain BSC, and TVL (total locked value) surpassed 2 billion US dollars in a short period of time. MDEX has become a rare project that has obtained more than 2 billion US dollars in TVL at the same time on a double chain. The trading volume of MDEX on BSC has surpassed HECO, and the profit is also higher. It is reported that many other HECO projects are “queuing up” to migrate to BSC. Although there is moisture in the data, judging from the comparison, the increase in BSC is very obvious, while HECO fluctuates greatly up and down. The beginning of everything needs to go back to November 2020. On November 2, Huobi's COO was investigated by Shanxi and information came out. Starting November 2, Huobi's bitcoins “frantically” poured into Binance for a few days. Coindesk's calculations show that from November 2 to November 11, a total of 18,652 bitcoins flowed into Binance from Huobi. Until then, however, the flow of Bitcoin was in the opposite direction. From August to November 2020, Bitcoin continued to flow from Binance to Huobi. Huobi's relatively excellent product experience and Greater China ecosystem and customer resources have enabled it to compete with Binance and even surpass Binance in some fields. Although Huobi derivatives were launched the latest, they are developing the fastest. Reverse perpetuity, and the overall contract once ranked first in the entire network. The COO and CEO were investigated one after another, and Du Jun, the co-founder of Huobi in Singapore, is at risk. Huobi did not stop withdrawals and formed a leading group headed by Du Jun, CTO, and CSO. Du Jun recruited the old department and launched HECO against BSC. At one point, almost all crypto developers in China were pouring in. The top MDEX data on HECO even surpasses the sum of the other top DEXs. The maximum HT, which has been in vain for a long time, is over 25. This happened almost unimaginable when the building was about to fall. However, all luck has its price already paid. HECO's recklessness, irregularity, and insider collusion are beginning to show bad results. The landmark event was that HBO, one of the highest-capitalized projects, had serious problems on March 1, and the price almost suddenly went back to zero. HBO's official explanation is that it was supposed to do a production reduction test and mistakenly transferred 5 million dollars into the LP pool. Retail investors from all over the world called the police one after another to file a case. At the same time, it was revealed that Du Jun's spiritual tracking security provides security audit services for the HECO project and was attacked by netizens. Essentially, all malicious acts such as harvesting, running errands, and losses that inevitably occur in the public chain can be tolerated by BSC, but not all of the founders and customers can withstand domestic Huobi. After the HBO incident, HECO began to completely shrink, and Du Jun basically stopped speaking about HECO. What's even more embarrassing is that the HBO incident happened at a time when Huobi No. 12 figures Li Lin and Zhu Jiawei were regaining their freedom. The turmoil at HECO is unimaginable at this time. On March 9, 2021, Huobi founder Li Lin returned to the company and started working normally. COO Zhu Jiawei resumed work in mid-February. Li Lin regained his freedom until recently that Huobi began listing coins normally. FILDA and CAN in the HECO ecosystem have been launched one after another. The missed house coincided with a series of rainy days, and Huobi also had more technical problems. On the evening of February 19, Huobi first experienced a serious network outage due to the power failure of the AWS Tokyo node cooling system. Recently, Dogecoin has skyrocketed and the entire network has plummeted twice. Huobi has once again experienced the most serious failure in mainstream exchanges. There are many opinions about the reasons. There was also an attack on CTO Ali Style by Huobi's internal employees. The compliance business of Huobi's Hong Kong listed entities appears to be progressing rapidly. Currently, it has raised 50 million US dollars, but profits should not be high. Binance's profit for the first quarter of 2021 is likely to have surpassed $3 billion. The revenue and profits of the compliance business are still far from being compared to exchanges. Another blow to Huobi's core business is that since last year, the Chinese government has cracked down on cryptocurrencies suspected of laundering money for telecom fraud, gambling, etc. Huobi's RMB OTC trading volume far exceeds that of other exchanges combined. This not only caused damage to the Huobi brand (many customers had their cards frozen after Huobi transactions), but also posed a huge security risk to Huobi itself. Fighting against Binance in an uncertain environment in China, the Huobi team has proven its strength. Although the sluggish HT has been repeatedly ridiculed by netizens, we still believe that Huobi is the largest in Greater China...

1948d agody zhang#BSC #Heco #Wu says blockchain is real #Li Lin #Huobi

Multiple sources have confirmed that Huobi COO has been investigated, and operating withdrawals are normal for the time being

Du Jun did not respond to or refute rumors that executives were being investigated. He emphasized that everything is working properly with Huobi, and that the safety of user assets comes first, which means that Huobi may guarantee normal operation under pressure. On the evening of November 2, Huobi HT suddenly plummeted. Afterwards, it was reported in the market that Huobi's No. 2 figure and COO Zhu Jiawei was being investigated. Chu Ka-wai doesn't actually manage much business; she plays more of a “political commissar” role. There were also rumors at the time that Zhu might be on the flight back to Beijing from Zunyi, but there was still no sound over time. Subsequent sources told Wu about blockchain that Zhu Jiawei is indeed being investigated, but it has had little impact on the company's operations for the time being, and it is suspected that it is still related to Shanxi. Huobi just held a rare Chinese cryptocurrency industry ecosystem conference in Zunyi, Guizhou, which covered most of the industry's executives and entrepreneurs. Some Huobi employees returned to Beijing from Guizhou on the 2nd. On the afternoon of November 2, a live video of the conference was broadcast. The founder of Huobi made a statement after supposedly drinking, saying that he is confident, not afraid, that Bitcoin is not illegal, and that (Huobi or himself) has not done anything illegal. On October 16, OK founder Xu Mingxing was revealed to be investigated. Subsequently, on October 21, Li Lin recalled the former co-founder Du Jun, who was overseas. Despite internal claims that they mainly rely on Du Jun to expand the international market, the industry generally believes that they are planning ahead and looking for overseas private key managers. Du Jun's circle of friends also indirectly confirmed the news. On the evening of November 2, Du Jun immediately stated in his circle of friends that everything is fine with Huobi. Du Jun did not respond to or refute rumors that executives were being investigated. He emphasized that everything is working properly with Huobi, and that the safety of user assets comes first, which means that Huobi may guarantee normal operation under pressure. After Xu Mingxing was investigated, Binance quickly carried out several “exercises” where the key manager lost his connection. Huobi, on the other hand, promotes its own multi-signature technology and does not rely on the authority or operation of any one person. Meanwhile, it is reported that Huobi has also carried out internal plans and exercises. Although panic continued to spread after this incident occurred, the response was still in an orderly manner. Zhu Jiawei was born in 1982 and graduated from Hohai University. He worked for Oracle. He joined Huobi in '15 and began popularizing blockchain and cryptocurrency in the Chinese community. Many people were influenced by his popular science content to enter this industry. There are currently no details on the reason and form of Chu Ka-wai's investigation; subsequent disclosure of official or accurate information sources is required. On October 30, Huobi Global CEO Grandpa Qi responded by saying, “Huobi has received more than a dozen pennants (given by the police) this year and is ready to decorate the display wall and hang them up. Source: Wu says blockchain...

2118d agody zhang#blockchain #Du Jun #Huobi