Huobi and Poloniex announced a strategic partnership on Nov. 30. Reports of a planned merger of the two cryptocurrency exchanges emerged and were четке какты акыркы аптада.
The two exchanges will “progressively cooperate” on Huobi’s HT coin ecosystem development, connectivity, liquidity sharing and global compliance. Beginning in December, the Huobi Advisory Board will make a monthly evaluation of all Poloniex projects, with top performers potentially directly listed on Huobi, the exchange деген.
Talk of a merger баштады with a tweet from Wu Blockchain. Poloniex is by far the larger of the two exchanges. It is not available to United States users.
The Poloniex exchange, which Justin Sun acquired from Circle in 2019, will merge with his recently acquired Huobi exchange, according to sources familiar with the matter. Coingecko shows that Poloniex’s daily spot trading volume is only 1/10 of Huobi’s. Exclusive
- Wu Blockchain (@WuBlockchain) November 25, 2022
The Chinese exchange has seen a number of changes this year. It launched an investment arm in June. Cofounder Leon Li reported in August to be selling his share. Hong Kong-based About Capital bought a controlling share in Huobi in October. Earlier in November, it denied reports of widespread layoffs and resignations.
Huobi is reportedly planning to relocate its headquarters to the Dominican Republic.
Poloniex жана @HuobiGlobal Консультативдик кеңеш ай сайын Poloniex негизиндеги бардык долбоорлорго баа берип турат. Өзгөчөлөнгөн долбоорлор Huobi тизмесине кирүүгө жана он миллиондогон колдонуучуларга жетип, эки платформадан тең колдоо алуу мүмкүнчүлүгүнө ээ болот. https://t.co/VqdGdbQq4h
- Poloniex Exchange (@Poloniex) November 30, 2022
On the same day as the merger announcement, Huobi said it was түзүү an upgraded affiliates program for influencers, offering Spot commission of up to 50% and futures commission of up to 60%.
байланыштуу: Доминика санариптик иденттүүлүк программасы үчүн Huobi менен иштейт
Poloniex reached a $10-million settlement with the U.S. Securities and Exchange Commission for allegedly selling unregistered securities last year, in a case that was later criticized by Congressman Brad Sherman, a prominent crypto skeptic, as an example of the agency going after “small fish” in its enforcement efforts. Polonium was blocked by South Korean regulators июнда.
Source: https://cointelegraph.com/news/huobi-poloniex-announced-strategic-partnership-despite-initial-denials-of-a-merger