Huobi Global Crypto Exchange Sees Massive Growth
The popular crypto exchange Huobi Global has seen massive growth as of late. Check out the latest reports below. Here’s a tweet coming from Justin Sun: .@HuobiGlobal exchange has been experiencing impressive growth latel...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The popular crypto exchange Huobi Global has seen massive growth as of late. Check out the latest reports below.
Here’s a tweet coming from Justin Sun:
.@HuobiGlobal exchange has been experiencing impressive growth lately, with an average of 20,000 new users per day over the past 60 days. This rapid development is a testament to the hard work and dedication of our team, as well as the high demand for a user-friendly platform.
— H.E. Justin Sun🌞🇬🇩🇩🇲🔥 (@justinsuntron) December 28, 2022
He continued and said: “We are committed to continuing to provide top-notch service and support to our growing user base.”
This sector of the crypto industry shows resilienceA new DappRadar report reveals that one sector of the crypto industry remains resilient even as an extended crypto winter continues to weigh on the markets.
In a new report, the market intelligence platform made sure to explain the fact that decentralized applications (DApps) are demonstrating “resilience and maturity” in the face of numerous events that have dragged down the industry overall.
The report finds that DApps saw an important increase in the number of unique active wallets, rising from an average of 1.58 million last year to an average of 2.37 million this year.
“The DApp (decentralized application) industry experienced a 50% increase in unique active wallets (dUAW) in 2022…”
The very same report noted the following:
“However, the industry has been on a downward trend due to various events, including the war in Ukraine, the collapse of Terra Luna and the FTX situation. Despite these challenges, the DApp industry has demonstrated its resilience and maturity, while adoption of blockchain technology by consumers and businesses suggests that the future of the industry is bright.”
DappRadar also finds that Ethereum (ETH) remained the top decentralized finance protocol during this year amid the crypto bear market, while BNB Chain reclaimed second place.
The post Huobi Global Crypto Exchange Sees Massive Growth first appeared on CryptoGazette - Cryptocurrency News.Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptoGazetteRelated market context
Bitcoin sees big overnight rally as ETF demand returns before the next US jobs test
Bitcoin retook $86,000 by the morning of Oct. 2 as demand for US spot Bitcoin ETFs recovered, with short covering a plausible acce...
Hester Peirce Leaves SEC After Years At The Center Of US Crypto Policy
TL;DR SEC Commissioner Hester Peirce is concluding her tenure at the agency on October 2. Peirce became one of the most visible vo...
Stellar’s tokenized RWA market reaches the $4 billion line, up 360% this year
Stellar's RWA market growth highlights institutional interest but poses concentration risks, with potential volatility if major is...
Tokenized Stocks, Investor Rights, and Their Crypto Role
Tokenized stocks could give crypto-native investors access to equity exposure through crypto platforms, but a token that tracks a...
Coinbase completes Deribit switch, ending International Exchange trading
Coinbase completed the migration of Coinbase International Exchange to Deribit on Oct. 1, ending trading on its former internation...
Crypto hackers have taken $2.7 billion in 2026 and the losses are alarmingly concentrated
Crypto firms and users have lost nearly $2.7 billion to security incidents this year, with North Korea-linked thefts exceeding $1...