火币 · 1709

UK FCA and Huobi HTX enter settlement negotiations

Comparative news, according to a report by Reuters on August 13, court documents show that the UK Financial Conduct Authority (FCA) and Huobi HTX are in the process of settling the charges. The FCA filed a lawsuit against Huobi HTX in October 2025. In March of this year, the two sides began three-month settlement negotiations, which were extended again on June 25; the London High Court suspended the proceedings, giving the parties two months until the end of August to reach a settlement. A Huobi HTX spokesperson said that the platform has always been committed to maintaining high standards of compliance, transparency and user protection, and will continue to collaborate with regulators to support the sustainable development of the crypto ecosystem.

8d ago
From Avenir to UMX, Li Lin's return and new propositions

From Avenir to UMX, Li Lin's return and new propositions

Author: Eric, Foresight News In the summer of 2026, UMX, which was incubated by Li Lin's Avenir Group, began public testing, which also made outsiders once again set their sights on this group of Chinese entrepreneurs in the crypto industry. Thirteen years have passed since Huobi was founded in 2013. At that time, Li Lin was standing in a market that had just taken shape. The problem he faced was very straightforward: how to make it easier for more people to trade Bitcoin. Thirteen years later, the crypto industry has moved from a relatively independent digital asset market to a new stage of continuous convergence with ETFs, stablecoins, RWA, and traditional securities. Over the past few years, Li Lin's role has also changed. In 2023, he founded Avenir Group in Hong Kong, gradually shifting from a frontline entrepreneur to an investor and asset allocator, continuing to focus on digital assets, securities trading, and financial infrastructure. Today, UMX has emerged as an “Avenir Group Incubator”, giving these seemingly scattered investment leads over the past few years a new perspective. Problems also followed. In the years since Huobi founded Avenir Group, what exactly is Li Lin doing, and what is it that has made him stand back to the stage now? From Beijing to Hong Kong, from athletes to referees, to understand this return, they must first go back to where they left. In September 2013, Huobi went online. It was a crazy year when Bitcoin rushed from 800 yuan to 8,000 yuan. It was also a year on the eve of Mentougou's collapse and the industry grew reckless. A young man from Hengyang, graduated from the Tsinghua Automation Department, wrote code for Oracle, and had started a business twice. Using the “permanent exemption of processing fees,” he cut through the Bitcoin exchange market, which had experienced rough experiences at the time. Half a year after launch, Huobi's daily transaction volume exceeded 1.5 billion yuan. At its peak, it occupied more than half of the global Bitcoin exchange market. Zhenge Fund, Dai Zhikang, and Sequoia Capital followed one after another, and Li Lin became one of the most familiar faces of entrepreneurs in the Chinese crypto world. Over the next decade, Huobi and Li Lin experienced a complete cycle of the crypto industry from early recklessness to global compliance competition. For an entrepreneur, this experience left behind not only how to become a trading platform, but also a complete set of perceptions about trading, liquidity, user needs, account systems, and risks. However, running a platform and allocating a sum of money is not the same way to look at the market. In 2023, Li Lin founded Avenir Group in Hong Kong. The name comes from French and means “better future”. From managing an exchange with your own hands to managing a multi-strategy family office, the roles have changed, and so has the way you look at the market. In the past, he was an athlete on the field, watching user growth, transaction volume, product lines, and liquidity, and was fighting closely with his opponents every minute and every second. Now he is sitting on the sidelines and working as a fund allocator, but what he sees is a different set of problems. Where are funds left idle, where are assets split, why can't accounts be exchanged, and why is risk difficult to be managed uniformly. These issues are hard to see from an operator's perspective, because exchanges naturally only care about matters within their own market. From the perspective of the configurator, they are so dazzling that one cannot ignore them. Avenir's actions over the past few years have vaguely outlined a main line. The list has been drawn up for a long time. It has taken a stake in UP Fintech, the parent company of Tiger Securities, as a core investor, participated in the US$300 million equity financing of the Hong Kong licensed platform OSL, invested in the institutional order routing company CoinRoutes and options derivatives infrastructure SignalPlus, led the AI native quantification platform Inference Research, and signed multiple assets with Tiger Securities and AMINA Bank on Consensus Hong Kong Infrastructure Cooperation Memorandum. According to the 13F filing submitted to the SEC, Avenir ranked first among Asian Bitcoin ETF institutions for eight consecutive quarters, with BlackRock IBIT alone holding more than 18 million shares. In addition, Avenir launched a $500 million quantitative partnership program to provide capital and ecological support to mature quantitative trading teams, and also acquired the Japanese compliant trading platform BitTrade through the Xinhua Group. The investment reach of licensed platforms, brokerage services, transaction execution, quantitative capabilities, and stablecoin payments covers almost every aspect required to connect the two markets. Looking at individual projects, these investments are scattered across different products and markets. When you look at it together, the direction gradually...

10d agoForesight News#web 3.0

HTX Research Andy was a guest at the Huobi Big Speaker Lecture: Q3 BTC's direction is liquidity, ETH's direction is regulation

Comparing the news, Andy Liu, head of HTX Research and chief analyst, was a guest speaker at the Huobi celebrity forum and shared the theme of 2026 Q3 Quarterly Outlook: New Crypto Market Order Under Global Liquidity Repricing. He stated that BTC is no longer just a native Crypto asset, but a proxy variable for global dollar liquidity. In the third quarter, the three core variables influencing the trend of BTC are: direction depends on liquidity, elasticity looks at ETFs, and risk looks at the US dollar. When talking about Ethereum, Andy Liu pointed out that the current issue facing Ethereum is not whether the ecosystem is growing, but whether ecological growth can be converted into the value of ETH. In the medium to long term, Ethereum is still one of Crypto's most important settlement and application infrastructures. However, in the short term, ETH must re-prove that ecological growth can be converted into ETH value. Therefore, Q3's core judgment on ETH is: direction depends on regulation, elasticity looks at DeFi, and confirmation looks at fee and burn. This article is sponsored by GENG, Build Your Fortune on GENG (https://geng.one)

33d agoburnking

Huobi Celebrity Lecture Series 5 starts tonight: HTX Research Head Andy Liu Previews the 2026 Q3 Crypto Market

Comparatively, according to official social media, Andy Liu, head of HTX Research and chief analyst, will be a guest at the 5th Huobi Celebrity Lecture at 19:00 (UTC+8) today. The theme of this event is “2026 Q3 Quarterly Forecast: Liquidity Defines the Crypto Market”. Andy will focus on the “New Crypto Market Order Under Global Liquidity Repricing” to thoroughly analyze changes in global macro-liquidity, core trading logic of the Q3 crypto market, institutional capital allocation direction and key track opportunities to help investors grasp key variables in the new market cycle.

33d ago

The future capital founded by Li Lin is one of the main producers of “Kung Fu Women's Football”

Comparatively, according to NetEase News, Future Capital Investment Management Co., Ltd., founded by Huobi founder Li Lin, is one of the main producers of Chow Xingchi's new film “Kung Fu Women's Football”. The film has a total investment of about 380 million yuan (excluding advertising expenses), including a production budget of about 190 million yuan and actors' remuneration of about 57 million yuan for the film. Future Capital Investment Management Co., Ltd. is listed as the main producer. The investment statement is a “financial investor”, and the specific amount of capital involved has not been publicly disclosed.

40d ago

Hu Jie, a former senior economist at the Federal Reserve, will be a guest at the Huobi Celebrity Lecture Hall: Interpreting the New Chairman of the Federal Reserve and the New Changes in the Global Market

Comparatively, according to official social media, Hu Jie, a former senior economist at the Federal Reserve and professor at the Shanghai Advanced School of Finance at Shanghai Jiao Tong University, will be a guest at the Huobi Celebrity Lecture Hall at 20:00 (UTC+8) today. The event featured “From Wall Street to Web3: How Will the New Federal Reserve Chairman Reshape Global Financial Markets?” The theme focuses on in-depth interpretations of policy paradigm changes, global liquidity trends, the evolution of the US dollar system, and the impact on the Web3 market since the new chairman of the Federal Reserve took office. As a well-known scholar who has studied global macroeconomics and financial markets for a long time, Professor Hu Jie will combine his work experience at the Federal Reserve to analyze future trends in the global capital market from the perspective of both policy formulation and market operation, and explore the new opportunities and challenges facing the Web3 industry in the context of the accelerated integration of digital assets and traditional finance.

58d ago

Han Feng, an independent researcher at Harvard University, will be a guest at the Huobi Celebrity Lecture Hall: From H2A to A2A, explaining the new opportunities of the Agent economy and Crypto

Comparative news. According to official social media, the third “AI Agent Economy and New Opportunities for Crypto” at Huobi Celebrity Lecture Hall will be officially broadcast at 19:00 today. Han Feng, an independent researcher at Harvard University, a Communications Fellow of the American Academy of AI Sciences (NAAI), and a lifetime member of the Bitcoin Foundation, will be invited to share new trends in AI and Crypto integration in the context of the rise of the Agent economy under the theme of “From H2A to A2A”, and interpret intelligent collaboration networks, on-chain economic systems, and potential development opportunities for the future digital society.

66d ago

Tian Jia: AI is more unfair to traders in terms of trading competition

Comparing news, the Huobi HTX Celebrity Lecture Hall “AI+ Trading from Theory to Practice” VIP private course was held in Shanghai. Early Bitcoin miners and pyra.io CTO Tian Jia shared the development of quantum computing and the impact of AI on transactions. He believes that in the AI era, investors are fairer in “getting knowledge,” such as establishing an institutional-level transaction framework. It's even more unfair when it comes to “trade competition,” such as training institution-level trading models. Real equity improvement comes from AI lowering the threshold of perception, and real unfairness increases from the concentration of data, speed, capital, and platform control capabilities.

84d ago

Tian Jia: Quantum computing is expected to threaten Bitcoin addresses that reveal public keys within 5-15 years

Comparing news, the Huobi HTX Celebrity Lecture Hall “AI+ Trading from Theory to Practice” VIP private course was held in Shanghai. Early Bitcoin miners and pyra.io CTO Tian Jia shared the development of quantum computing and the impact of AI on transactions. He believes that if it can threaten “a Bitcoin address that has already revealed its public key,” the average is 7 to 8 years, and the range is 5 to 15 years. The number of logical qubits required is 1200 to 2,400, and the number of physical qubits is less than 500,000. Furthermore, Bitcoin also has defensive measures. It can migrate to PQC, or post-quantum cryptography, although it also has many difficulties, such as the locking problem of Satoshi Nakamoto.

84d ago

Cloud: AI is a huge gold mine for traders

Comparing news, the Huobi HTX Celebrity Lecture Hall “AI+ Trading from Theory to Practice” VIP private course was held in Shanghai. Cloud, chief analyst at HTX Research, shared “New Trading Opportunities in the AI Era”. He believes that AI is a huge gold mine waiting to be discovered, and trading is the fastest and most efficient way to monetize with AI. Ordinary traders have long faced the three major challenges of emotional interference, limited energy, and cognitive bias, which form the “impossible triangle” of trading, and AI is the key to breaking this dilemma. AI can achieve objective and emotionless decision-making, large-scale parallel monitoring, surpass human pattern recognition ability, and multi-modal signal fusion, and fundamentally reshape transaction decision logic.

84d ago