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Huobi HTX VIP Customer Service Manager: Fully support the innovative development of DeFi, AI and other crypto ecosystems

Huobi HTX VIP customer service director was invited to attend the roundtable forum "Conductors in the World of Cryptocurrencies. What Top Exchanges Think about 2024?" at Blockchain Life 2024. She pointed out that DeFi, NFT, metaverse, and AI have developed rapidly in the past two years, with many innovative technologies and projects emerging, especially the AI field in its early stages, which is worth paying attention to. As one of the top exchanges, Huobi HTX needs to take on greater responsibilities and promote the development of these fields. In the future, they will communicate and cooperate with more developer communities, and hold hackathons and other activities, hoping to discover some excellent development teams and projects early on. At the same time, they will provide certain support for these excellent projects in terms of listing, assisting the project parties to enter the trading field more quickly. Finally, they will assist in improving, implementing operation and market expansion plans to promote the development of a wider Web3 ecosystem. In addition, regarding the increasingly complex network security threats, she stated that Huobi HTX has cooperated with third-party custody service providers such as Fireblocks and has implemented Merkle Tree Reserve Proof to provide users with comprehensive protection mechanisms and create a trusted trading environment.

Huobi HTX 21st coin mining will be launched at 20:00 on April 12, lock $HTX to share 1,800,000 ASTO rewards

Huobi HTX announced that the 21st new coin mining (PrimePool) will be launched at 20:00 on April 12th and will end at 20:00 on April 22nd (UTC+8). Users can share 1.8 million ASTO rewards by locking $HTX. The 21st new coin mining activity uses $HTX mining, and the minimum personal total lock-up is 156,250,000 $HTX, which can be withdrawn at any time. The number of tokens participants receive per hour will be distributed proportionally based on the actual $HTX locked by everyone, and different lock-up amounts will have different reward coefficients.

Huobi HTX opens the first long and short profit PK competition for the strongest traders

Huobi HTX officially announced the launch of the first strongest trader long-short profit PK competition from March 25th to April 3rd. The announcement shows that there will be 10 traders and their new partners automatically grouped into long and short camps, with 5 traders in each camp. After the event, the strongest trader from each camp will be selected based on comprehensive evaluation of trading volume, profit, and winning rate. During the competition, in addition to the regular invitation rebate income, when the trader and their new partner accumulate a contract trading volume exceeding 500,000 USDT, they can share 50-10,000 USDT of contract experience gold. The higher the contract trading volume, the more rewards they can get, and the trader can allocate it by themselves. In addition to the above rewards, the two strongest traders will also receive up to 10,000 USDT of contract experience gold. After the event, the list will be announced through Huobi live broadcast and X Space, and the strongest trader will be awarded a trophy.

Huobi HTX has completed the first airdrop of HTX tokens

According to the announcement from Huobi HTX, Huobi HTX has completed the airdrop distribution of HTX DAO governance token HTX. Users can check the airdrop in the asset-spot account. Huobi HTX will continue to support HTX DAO in airdropping $HTX to on-chain TRX and USDT holders, and take snapshots of users' assets holding TRX, USDT, and WSTUSDT on the platform. The subsequent snapshot time is from April 2024 to August 2024, at 12:00:00 (GMT+8) on the 30th of each month. It is reported that HTX DAO is a decentralized autonomous organization deployed on multiple chains. HTX token is not only an asset, but also the core of HTX DAO governance. The HTX token airdrop of HTX DAO is only distributed to exchanges that publicly support the airdrop activity. Exchanges must prepare relevant technical support in advance to ensure that users can receive the airdrop.

HTX Research: Liquid Restaking, a Catalyst for Ethereum After Dencun Upgrade's Completion?

With the completion of the Dencun Upgrade, Ethereum and its associated ecosystem tokens are showing robust performance. Additionally, the launch of mainnets by modular projects and Ethereum Layer-2s further reinforces market confidence in the Ethereum ecosystem. The narrative of liquid restaking (LRT) has started to attract capital flows with the surge of EigenLayer projects. However, is the path of ETH -> LST - > LRT a catalyst for the Ethereum ecosystem or merely a nesting doll as most people claim?
HTX Research: Liquid Restaking, a Catalyst for Ethereum After Dencun Upgrade's Completion?

Huobi HTX updated the Merkel tree asset certificate in March 2024, and the reserve rate remains above 100%, which is enough to ensure the safety of user assets.

According to the Huobi HTX page, Huobi HTX has updated the Merkle Tree asset proof data for March 2024. The specific reserve ratios for this update are: USDT 100% (Huobi assets 611,895,890), BTC 101% (Huobi assets 26,196), ETH 102% (Huobi assets 112,481), TRX 103% (Huobi assets 9,717,203,329). Among them, USD T and ETH data already include stUSDT, USDT-T-Bills assets, and BETH, stETH. Currently, Huobi HTX's reserve ratio remains above 100%, meaning that Huobi wallet assets exceed the total assets held by users. Huobi HTX has sufficient reserve funds to ensure the safety of user assets. Huobi HTX will continue to regularly disclose to the public to ensure that users can deposit and withdraw assets safely and at any time.

Huobi HTX liquidity re-pledge activity officially launched

According to official sources, Huobi HTX officially launched Liquid Restaking on February 29th at 17:00 (UTC+8). Participants can register with their spot balances to share rewards, including early airdrops for projects such as EigenLayer, Puffer, Merlin Chain, BounceBit, as well as token airdrop rewards for ETH, USDT, HTX, TRX, and other supported tokens. Users can click on the "Liquid Restaking" option in the relevant entrance of the activity to enter the special page and activate relevant tokens. By holding more than $1 worth of BTC, ETH, USDT, HTX, TRX, and other supported tokens in their spot accounts through deposits, trades, and other activities, users can earn points to redeem rewards.

HTX Withdraws Hong Kong Crypto License Application amid Regulatory Scrutiny

HTX, a technology company, has withdrawn its application for a virtual asset trading platform license in Hong Kong. The move comes just three days after the initial application was submitted. While the reason for the withdrawal is unknown, it is speculated that it may be linked to increasing regulatory scrutiny in the region. Despite this setback, HTX is expected to continue its global expansion strategy.

HTX updated the Merkel tree asset certificate in February 2024, and the reserve rate remains above 100%, ensuring the safety of user assets.

According to data from HTX page, HTX has updated the Merkle Tree asset proof data for February 2024. The specific reserve ratios for this update are: USDT 101% (HTX assets 550,800,308), BTC 100% (HTX assets 21,651), ETH 102% (HTX assets 147,009), TRX 103% (HTX assets 9,684,177,652). Among them, the USDT and ETH data already include stUSDT, USDT-T-Bills assets, and BETH, stETH. Currently, the reserve ratio of HTX remains above 100%, which means that HTX wallet assets exceed the total assets held by users, and HTX has sufficient reserve funds to safeguard user asset security.

Huobi HTX will open the HTX token exchange for HT channel on January 31st

Huobi HTX, Huobi HTX will open the HTX exchange for HT on January 31 at 20:00. This exchange channel is open to all HTX holders and the exchange is completely voluntary. Users can click the "Exchange HT" button on the asset page, spot account, and other locations on the Huobi HTX APP/official website to operate. It is reported that the exchange ratio for HTX to HT is 2,666,640 HTX for 1 HT (this exchange ratio only applies to HTX exchange for HT). The exchangeable quantity is limited and based on a first-come, first-served basis. HTX DAO is a leading decentralized autonomous organization in the blockchain ecosystem, focusing on open finance and decentralized tokenized economy. HTX DAO demonstrates an innovative governance approach. Under the empowerment of HTX DAO's decentralized governance, Huobi HTX Exchange will break down the barriers of centralized governance and return the power of the exchange to each user, making users the owner of Huobi HTX.