Livio Weng, the Vice President of Huobi Group is a mastermind in fintech, peer-to-peer lending, and social networking. Mr. Weng presently oversees all Huobi’s business development, branding, marketing, and public relations. With his knowledge and expertise, we must ask ourselves what truly are the next steps for the cryptocurrency community. And further, how can we apply the knowledge of Livio Weng to improve our ecosystem.

Huobi Group is the leading global cryptocurrency exchange and Blockchain asset financial service provider, consisting of Huobi OTC, Huobi Pro, Huobi MENA, Huobi China, and Huobi Mining Pool. Huobi Global currently has users in more than 130 countries and has offices in Singapore, the United States, Japan, Korea, and Hong Kong. Underpinned by world class security and risk control systems, Huobi is one of safest exchanges in the market today. Huobi Pro is also proud to be the first cryptocurrency exchange that provides 24/7 customer service.

Huobi is not just an exchange, it offers a full range of services across the blockchain ecosystem. This ecosystem consists of Huobi Mining Pool, Huobi Wallet, Huobi Capital, and even a blockchain incubator in San Francisco called Huobi Labs. For example, $HUSD is an integrated solution targeted at multiple stablecoins. It helps to eliminate the need to choose between multiple stablecoins such as TUSD, USDT, GUSD and Pax, to name a few, and saves you money  when switching in and out and between stablecoins.

When you deposit any kind of stablecoin, your tokens will be shown as HUSD in your account. You may withdraw any kind of stablecoin. In addition, when the amount of a particular stablecoin is not sufficient in your account balance, you may withdraw other stablecoins in which you have excess balances in. For example, when you deposit 35 USDT, it will show as 35 HUSD in your account, and you can withdraw 35 GUSD for example or any other stablecoin as you wish (not considering transaction fees on the blockchain). This eliminates the need and added risk of constantly researching stablecoins and following up with crypto politics.

In December there will be some changes coming out from the exchange. What exactly these changes are, we don’t know. However, I believe Huobi will aggressive be adding strong businessmen and knowledgeable experts in the financial industry to their group of competent base because that is exactly what we need to grow the ecosystem.

We need an inflow of customers, supporters and users to continue expanding the industry as a whole. When the global markets turn sour soon (and I believe they will within the next two years) millons of investors will transition to cryptocurrencies so we would need to be prepared for all of that. There will be a huge rush in and in order to support all of that, we need to build the ecosystem and educate everyone here today so we can have a much larger impact later on down the line.

To learn more, visit the Huobi website (https://www.huobi.com/?utm_source=GlobalWriters) and if you don’t have an account already, be sure to create one here (http://[Suspicious link removed]/2HK1PPs). #HUSD #TheUniversalStablecoin #HuobiLaunches: #HUSD #Huobi #HUSD – My review is in!

You can also find Huobi online at:
Huobi Global Website: https://www.huobi.com (https://www.huobi.com/)
Huobi Global Telegram Group: https://t.me/huobiglobalofficial (https://t.me/huobiglobalofficial)
Blog: https://blog.huobi.com/ (https://blog.huobi.com/)
Facebook: https://www.facebook.com/huobiglobalofficial (https://www.facebook.com/huobiglobalofficial)
Instagram: https://www.instagram.com/huobiglobalofficial (https://www.instagram.com/huobiglobalofficial)
Medium: https://medium.com/@huobiglobal (https://medium.com/@huobiglobal)
Twitter: https://twitter.com/HuobiGlobal (https://twitter.com/HuobiGlobal)
Youtube: https://www.youtube.com/HuobiGlobal (https://www.youtube.com/HuobiGlobal)

* Note:* The material provided herein is general in nature and does not take into account your objectives, financial situation or needs. While every care has been taken in preparing this material, we do not provide any representation or warranty (express or implied) with respect to its completeness or accuracy. For the avoidance of doubt, this article is solely intended to be for general information only and does not in any way constitute as professional advice or financial advice. This is not an invitation or an offer to buy or sell cryptocurrencies, nor is it a recommendation to buy or sell specific types of cryptocurrencies. Trading cryptocurrencies carries a high level of risk that may not be suitable for some. Consider your investment objectives, level of experience, financial resources, risk appetite and other relevant circumstances carefully. The possibility exists that you could lose some or all of your investments, including your initial deposits. If in doubt, please seek independent expert advice.

The Middle East & Africa contains over 20 countries and boasts more than 400 million residents. For this reason, Huobi Group recently decided to create and develop Huobi MENA, short for Huobi Middle East & Africa, to expand its global brand and uniqueness. The exchange is current live at and can be viewed at https://www.huobimena.com (https://www.huobimena.com/)


During “The World Blockchain Summit” in Dubai, #WBSDubai, Huobi MENA was part of the global series of elite gatherings on October 24th & 25th at Jumeirah Emirates Towers Hotel in Dubai. In addition, Mr. Mohit Davar, the Co-Founder & Director of Huobi MENA, was a speaker at the World Blockchain Summit and gave a powerful presentation. Mr. Davar is also Chairman of the International Money Transfer Network. Attendees consisted of crypto influencers, industry speakers, founders, advisors, advocates, and even supermodel- Nikita Sachdev to talk about a variety of topics in blockchain.


The Middle East is aterm traditionally applied by western Europeans to the countries of SW Asia and NE Africa lying west of Afghanistan, Pakistan, and India. Thus defined, it includes: Cyprus, the Asian part of Turkey, Syria, Lebanon, Israel, the West Bank and Gaza, Jordan, Iraq, Iran, Saudi Arabia, Yemen, Oman, United Arab Emirates, Qatar, Bahrain, Kuwait, Egypt and Libya. The problem arises when each country has their own currency making it difficult to transact using a single currency across all the regions. You see where I’m going here…
If we were to use digital currencies to transact across borders, it will make life a lot easier and business all the more successful. In the age of the global Internet, sending money abroad has become an easier and faster process than it was in decades past. It’s now possible for somebody in Yemen to send a payment to a friend in Cyprus in a matter of seconds — something that previously could only be done with a banking intermediary can now be done between individuals on their mobile phones. All thanks to Huobi MENA and Huobi Global.
A 2015 report by McKinsey & Company (https://www.mckinsey.com/~/media/McKinsey/Industries/Financial%20Services/Our%20Insights/Rethinking%20correspondent%20banking/Rethinking-correspondent-banking.ashx) found that the average time to complete a cross-border transaction was 3 to 5 business days, while cryptocurrency payments are generally done in a few minutes. And importantly are irreversible unless the recipient agrees to do so. No more issues with buyers improperly submitting payment reversals. Fees are another area where cryptocurrencies comes out on top. Cryptocurrency transactions avoid many of the complicated costs such as payment processor fees and exchange rate charges.
Huobi is the leading global cryptocurrency exchange and Blockchain asset financial service provider, consisting of Huobi OTC, Huobi Pro, Huobi China, Huobi Mining Poo and now Huobi MENA. Huobi Global currently has users in more than 130 countries and has offices in Singapore, the United States, Japan, Korea, and Hong Kong. Underpinned by world class security and risk control systems, Huobi is one of safest exchanges in the market today. Huobi Pro is also proud to be the first cryptocurrency exchange that provides 24/7 customer service.
To learn more, visit the Huobi website (https://www.huobi.com/?utm_source=GlobalWriters) and if you don’t have an account already, be sure to create one here (http://[Suspicious link removed]/2HK1PPs). #HuobiGroup joins the #Middle East and #Africa, #WBSDubai, #WorldBlockchainSummitDubai, #Mr.MohitDavar


You can also find Huobi online at:
Huobi Global Website: https://www.huobi.com (https://www.huobi.com/)
Huobi Global Telegram Group: https://t.me/huobiglobalofficial (https://t.me/huobiglobalofficial)
Blog: https://blog.huobi.com/ (https://blog.huobi.com/)
Facebook: https://www.facebook.com/huobiglobalofficial (https://www.facebook.com/huobiglobalofficial)
Instagram: https://www.instagram.com/huobiglobalofficial (https://www.instagram.com/huobiglobalofficial)
Medium: https://medium.com/@huobiglobal (https://medium.com/@huobiglobal)
Twitter: https://twitter.com/HuobiGlobal (https://twitter.com/HuobiGlobal)
Youtube: https://www.youtube.com/HuobiGlobal (https://www.youtube.com/HuobiGlobal)
** Note: *The material provided herein is general in nature and does not take into account your objectives, financial situation or needs. While every care has been taken in preparing this material, we do not provide any representation or warranty (express or implied) with respect to its completeness or accuracy. For the avoidance of doubt, this article is solely intended to be for general information only and does not in any way constitute as professional advice or financial advice. This is not an invitation or an offer to buy or sell cryptocurrencies, nor is it a recommendation to buy or sell specific types of cryptocurrencies. Trading cryptocurrencies carries a high level of risk that may not be suitable for some. Consider your investment objectives, level of experience, financial resources, risk appetite and other relevant circumstances carefully. The possibility exists that you could lose some or all of your investments, including your initial deposits. If in doubt, please seek independent expert advice.

The Need for HUSD
"It's no secret that community concerns have driven strong demand for stablecoins across the crypto space," said Leon Li, founder and CEO of Huobi Group. For this reason and many others just like it, Huobi Global recently announced their universal stablecoin called HUSD. The reasons to choose HUSD as your favorite stablecoin are many fold. For one, HUSD is an integrated solution targeted at multiple stablecoins. It helps to eliminate the need to choose between multiple stablecoins such as TUSD, USDT, GUSD and Pax, to name a few, and saves you money when switching in and out and between stablecoins.

HUSD Overview
When you deposit any kind of stablecoin, your tokens will be shown as HUSD in your account. You may withdraw any kind of stablecoin. In addition, when the amount of a particular stablecoin is not sufficient in your account balance, you may withdraw other stablecoins in which you have excess balances in. For example, when you deposit 20 USDT, it will show as 20 HUSD in your account, and you can withdraw 20 GUSD for example or any other stablecoin as you wish (not considering transaction fees on the blockchain). This eliminates the need and added risk of constantly researching stablecoins and following up with crypto politics.
A recent article published on ccn.com stated this exact concern and issue. The author wrote, "The BTC/USD responded to the upside action witnessed in the BTC/USDT market. USDT traders started exiting their positions amidst growing concerns about BitFinex's insolvency and its impact on the coin's liquidity. The more traders swapped USDT for other coins, the larger it dropped, eventually founding support near 85 cents. By that time, Bitcoin had established its upside just shy of $8,000 on BitFinex only - so as other top coins which recorded massive gains." I think this creates a huge problem in the stablecoin space unless we have one, universal stable cryptocurrency such as HUSD.

Owning HUSD, I believe, will create more liquidity in the markets as well as declares a larger sense of transparency and universalism. This is exactly what we need to move our space forward and into uncharted territories and thankfully Huobi Global is here to provide us with their universal version of a stablecoin.
HUSD Launch

I. The deposit service of PAX, TUSD, USDC and GUSD will start at 16:00, October 19 (GMT+8 ).
II. USDT/HUSD trading pair will be listed at 10:00 AM, October 22 (GMT+8) on Huobi Global.
III. Transfer service of HUSD between Huobi OTC and Huobi Global will start at 10:00 AM, October 22 (GMT+8), and trading services of HUSD on Huobi OTC will start at 10:00, October 23 (GMT+8).
IV. Huobi Global will commence BTC/HUSD and ETH/HUSD trading at another time after evaluating market conditions.
V. Huobi App will support the trading service of USDT/HUSD, and the deposit and withdrawal services of HUSD will be available in the next App version.
VI. Huobi Global will start the withdrawal services of the stablecoins in one to two weeks. The specific time and date will be notified via a separate announcement.
TrustToken is glad to be listed on Huobi and they are excited that many exchanges and investors value their work and see the benefits TrustToken provides to our crypto ecosystem.

To learn more, visit the Huobi website and if you don't have an account already, be sure to create one here. #HUSD #TheUniversalStablecoin #HuobiLaunches: #HUSD #Huobi #HUSD - My review is in!

You can also find Huobi online at:
Huobi Global Website: https://www.huobi.com
Huobi Global Telegram Group: https://t.me/huobiglobalofficial
Blog: https://blog.huobi.com/
Facebook: https://www.facebook.com/huobiglobalofficial
Instagram: https://www.instagram.com/huobiglobalofficial
Medium: https://medium.com/@huobiglobal
Twitter: https://twitter.com/HuobiGlobal
Youtube: https://www.youtube.com/HuobiGlobal

* Note: The material provided herein is general in nature and does not take into account your objectives, financial situation or needs. While every care has been taken in preparing this material, we do not provide any representation or warranty (express or implied) with respect to its completeness or accuracy. For the avoidance of doubt, this article is solely intended to be for general information only and does not in any way constitute as professional advice or financial advice. This is not an invitation or an offer to buy or sell cryptocurrencies, nor is it a recommendation to buy or sell specific types of cryptocurrencies. Trading cryptocurrencies carries a high level of risk that may not be suitable for some. Consider your investment objectives, level of experience, financial resources, risk appetite and other relevant circumstances carefully. The possibility exists that you could lose some or all of your investments, including your initial deposits. If in doubt, please seek independent expert advice.

An over-the-counter (OTC) market and an exchange market are the two basic ways of organizing financial markets. In an OTC market, dealers act as market-makers by quoting prices at which they will buy and sell a security, currency, or other financial products. A trade can be executed between two participants in an OTC market without others being aware of the price at which the transaction was completed. In general, OTC markets are typically less transparent than exchanges and are also subject to fewer regulations. While there are many different platforms out there, Huobi OTC is one of the most reliable OTC platforms out there. Furthermore, Huobi OTC helps users convert their fiat currencies into digital asset when: (1) Users are unable to buy/sell digital tokens with fiat money on an exchange; or (2) Users want to buy/sell large orders of digital tokens. If you have not done so already, make sure to register for your personal Huobi Global account (http://[Suspicious link removed]/2HK1PPs) and participate in the global community today!


*Recent Market Price Action:*
The current price pattern in the bitcoin market is eerily similar to the one observed in the run-up to a major rally that occurred on April 12. To start with, bitcoin charted a long-tailed candle on Aug. 14, similar to the one seen on April 1, signaling the sell-off from the July 24 high of $8,507 has likely run its course. Further, the leading cryptocurrency has spent the last seven days trading in a sideways manner around $6,400. Back in April, the cryptocurrency traded around $6,800 in the first 11 days before rising sharply above $8,000 on April 12. More importantly, during the bitcoin price consolidation of early April, the BTC/USD shorts on Bitfinex jumped more than 44 percent to print a record high of 40,719 and fell sharply on April 12, meaning the big spike in BTC was likely fueled by the unwinding of short positions.

*How I Began Investing in Crypto through OTC and Some Practical Use Cases: *
If you want to see a beginners guide to Trading on Huobi OTC, watch this short video: https://www.youtube.com/watch?v=r00_WCbzVtY (https://www.youtube.com/watch?v=r00_WCbzVtY). But here is how to complete the transaction is 7 easy steps!
**Step 1: **Visit Huobi OTC homepage (http://otc.huobi.com/). If you already have a user account, click “Login” and skip Step 2. If you don’t have a user account, click “Sign Up” first. **Step 2: **On the “Sign Up” page, select “Nationality” and enter your “Phone Number” then click “Click to send” to get an SMS verification code. Fill out the form with SMS verification code, Password, Invitation code (if applicable), click on “I agree to the Terms of User” and then click “Sign Up.” **Step 3:**Click "Log In" in the upper right corner and enter your account info and password. Drag the slider to the right, then click "Log In**." Step 4:**Select the digital asset you want to trade (taking "Buy BTC" as an example), choose the price and the payment method as your wish, and click "Buy BTC." **Step 5: **Enter the total/amount you wish and click "Confirm." **Step 6:**On the order page, confirm the amount (total) and payment method of the order. Transfer your payment to the seller within the limit time. After the transfer, *make sure you click on "I've Paid."***Step 7:**In the "Confirm Payment" pop-up window, click "Confirm."
To learn more, click here: https://huobiglobal.zendesk.com/hc/en-us/articles/360000044442-How-to-Buy-Digital-Assets-like-Bitcoin-Quickly-on-Huobi-OTC-Website- (https://huobiglobal.zendesk.com/hc/en-us/articles/360000044442-How-to-Buy-Digital-Assets-like-Bitcoin-Quickly-on-Huobi-OTC-Website-).
Any Huobi user can be post buy or sell advertisements over the Huobi OTC platform. So make sure to register for your personal Huobi Global account (http://[Suspicious link removed]/2HK1PPs) and participate in the global community today!https://huobiglobal.zendesk.com/hc/en-us/articles/360000134642-Advertisement-Posting-on-Huobi-OTC-by-Ordinary-User-Non-China-Users-Only- (https://huobiglobal.zendesk.com/hc/en-us/articles/360000134642-Advertisement-Posting-on-Huobi-OTC-by-Ordinary-User-Non-China-Users-Only-)
*The difference between Huobi Global and Huobi OTC:*
Huobi OTC (火币OTC | 火币全球站法币交易区 (http://otc.huobi.com)) offers an exchange bridge between fiats and digital assets while Huobi Global (The Financial Hub of Digital Assets (http://www.huobi.com)) is a digital assets trading exchange that supports exchanges or investment services between various cryptocurrencies. Huobi OTC (火币OTC | 火币全球站法币交易区 (http://otc.huobi.com)), serves an affiliated website of Huobi Global (The Financial Hub of Digital Assets (http://www.huobi.com)), which is a platform devoted to over-the-counter trades of digital assets. You can buy/sell your digital assets by posting a buy/sell advertisement on Huobi OTC and then complete transactions with the other party so as to exchange your digital assets with fiats. Huobi OTC offers an aggregated display of buying or selling info and the actual payment is transferred and completed offline.

You can also find Huobi online at:
Huobi Global Website: https://www.huobi.com (https://www.huobi.com/)
Huobi Global Telegram Group: https://t.me/huobiglobalofficial (https://t.me/huobiglobalofficial)
Blog: https://blog.huobi.com/ (https://blog.huobi.com/)
Facebook: https://www.facebook.com/huobiglobalofficial (https://www.facebook.com/huobiglobalofficial)
Instagram: https://www.instagram.com/huobiglobalofficial (https://www.instagram.com/huobiglobalofficial)
Medium: https://medium.com/@huobiglobal (https://medium.com/@huobiglobal)
Twitter: https://twitter.com/HuobiGlobal (https://twitter.com/HuobiGlobal)
Youtube: https://www.youtube.com/HuobiGlobal (https://www.youtube.com/HuobiGlobal)
** Note: *The material provided herein is general in nature and does not take into account your objectives, financial situation or needs. While every care has been taken in preparing this material, we do not provide any representation or warranty (express or implied) with respect to its completeness or accuracy. For the avoidance of doubt, this article is solely intended to be for general information only and does not in any way constitute as professional advice or financial advice. This is not an invitation or an offer to buy or sell cryptocurrencies, nor is it a recommendation to buy or sell specific types of cryptocurrencies. Trading cryptocurrencies carries a high level of risk that may not be suitable for some. Consider your investment objectives, level of experience, financial resources, risk appetite and other relevant circumstances carefully. The possibility exists that you could lose some or all of your investments, including your initial deposits. If in doubt, please seek independent expert advice.

*Factors Affecting Cryptocurrencies:*
Cryptocurrencies have been the most popular investment option in recent times. Bitcoin daily volatility has attracted a massive crowd. The factors affecting cryptocurrencies include:
(1) **Cryptocurrency Price Volatility**. There are various factors that affect bitcoin price.
(a)  Supply and Demand: The basic principle is: The cryptocurrency price increases with the increase in demand or decrease in supply, while the cryptocurrency price decreases with the decrease in demand or increase in supply.
(b)  The demand of the Cryptocurrency: The demand depends upon cryptocurrency awareness, news or interpretation about cryptocurrency, and global acceptance of cryptocurrency.
(2) **Institutional Investors vs Retail Investors.**For now, many cryptocurrency investors are just holding their holdings patiently in order to find out whether the cryptocurrencies resume their uptrend or not. It is still too uncertain for most of the investors to take a call. However, institutions are increasing their presence in the cryptocurrencies space which is sure to benefit the cryptocurrency sphere and would add value and credibility to the cryptocurrencies in the future as well. This is one of the main reasons why it is not seeing further fall after creating a bottom a few weeks back. Moreover, once the regulatory hurdles are sorted, you can be sure that the value of cryptocurrencies would again more.
*Effect of bad press hampering rate of adoption:*
A number of high profile investors and economists have criticized cryptocurrencies** **in recent months. Economist Nouriel Roubini called bitcoin "bullsh*t," Warren Buffett likened bitcoin to "rat poison," and Bill Gates has said he would like to short bitcoin.


*Why Tether (USDT) might cause the markets to tumble:*
The original idea of Tether was great, a cryptocurrency that is ‘backed’ by the dollar. Investors loved Tether as it was a safe haven for storing profits. I often used Tether to protect my gains from the markets correcting. To understand entirely why Tether (USDT) will cause the markets to crash let’s first look at what Tether is.
As mentioned before, Tether is a cryptocurrency that is supposedly backed by the dollar. To quote from their website: “Every tether is always backed 1-to-1, by traditional currency held in our reserves. So 1 USD₮ is always equivalent to 1 USD.”
In order for this cryptocurrency to work there needs to be frequent and very accurate auditing, and to begin with Tether did publish their audits monthly. This is where the problem arises. Tether has not posted their audited accounts for several months, they had a contract with an auditing firm called Friedman LLP that began many months ago and was recently terminated for reasons ‘unknown’. Of course, Friedman LLP cannot disclose Bitfinex’s accounts however it does not take a genius to understand that the realistic reasoning is that Friendman LLP have discovered severe flaws in their accounts and do not want reputational damages. To further back this point, all mentions of Bitfinex (who have close ties to USDT) have been removed from their website.
*Bitcoins Upside Potential:*
Friday's drop below $6,240 had created room for a drop to the June low of $5,755. Further, BTC closed below Thursday's low of $6,183 on Friday, signaling a continuation of the sell-off from the July 25 high of $8,507. However, BTC will likely find acceptance above the falling trend line hurdle of $6,480 and extend the corrective rally from the six-week low of $6,000 to $6,850 in some time in the near future.
Moreover, Bitcoin has been clearing more transaction volume than global gold markets since early 2017. BTC is on pace to process $1.1 trillion in 2018 transactions, while gold is on pace to process only $0.4 trillion in 2018 transactions.


In 2014 with bitcoin at only $413, popular VC, Tim Draper predicted bitcoin to reach $10,000 in three years. This was fulfilled a month earlier than he predicated earning him a reputation among crypto fans. Though he didn’t categorically, predict a $100k Bitcoin in 2018, He said he expected the Bitcoin to continue its growth in an interview with Bloomberg last year. Tim Draper has made successful bets with Tesla, Skype, and Twitter in the past.
Assuming this growth happens at the same pace as the 3-year journey to $10k then we’re in for six digits.
*A Word on Trading with Margin:*
Margin Trading refers to the practice of using borrowed funds from a broker to trade a digital asset, which forms the collateral for the loan from the broker. Such use of leverage can magnify gains. Moreover, you can choose to long or short a certain coin. Buying on margin is borrowing money from a broker, in this case, Huobi (http://[Suspicious link removed]/2HK1PPs), to purchase cryptocurrencies. You can think of it as a loan from your brokerage. Margin trading allows you to buy more cryptocurrencies than you'd be able to normally. To trade on margin, you need a margin account. This is different from a regular cash account, in which you trade using only the money in the account. If you have not done so already, make sure to register for your personal Huobi Global account (http://[Suspicious link removed]/2HK1PPs) and participate in the global community today!


You can also find Huobi online at:
Huobi Global Website: https://www.huobi.com (https://www.huobi.com/)
Huobi Global Telegram Group: https://t.me/huobiglobalofficial (https://t.me/huobiglobalofficial)
Blog: https://blog.huobi.com/ (https://blog.huobi.com/)
Facebook: https://www.facebook.com/huobiglobalofficial (https://www.facebook.com/huobiglobalofficial)
Instagram: https://www.instagram.com/huobiglobalofficial (https://www.instagram.com/huobiglobalofficial)
Medium: https://medium.com/@huobiglobal (https://medium.com/@huobiglobal)
Twitter: https://twitter.com/HuobiGlobal (https://twitter.com/HuobiGlobal)
Youtube: https://www.youtube.com/HuobiGlobal (https://www.youtube.com/HuobiGlobal)
** Note: *The material provided herein is general in nature and does not take into account your objectives, financial situation or needs. While every care has been taken in preparing this material, we do not provide any representation or warranty (express or implied) with respect to its completeness or accuracy. For the avoidance of doubt, this article is solely intended to be for general information only and does not in any way constitute as professional advice or financial advice. This is not an invitation or an offer to buy or sell cryptocurrencies, nor is it a recommendation to buy or sell specific types of cryptocurrencies. Trading cryptocurrencies carries a high level of risk that may not be suitable for some. Consider your investment objectives, level of experience, financial resources, risk appetite and other relevant circumstances carefully. The possibility exists that you could lose some or all of your investments, including your initial deposits. If in doubt, please seek independent expert advice.

*What is HitChain?*
The HitChain project is a global autonomous community that is of the developers, by the developers, for the developers. The term HitChain derives from Git and Blockchain. Git is the open source distributed revision control system authored by Linus Torvalds. Block- chain is the open distributed legder invented by Satoshi Nakamoto. With HitChain we hope to surpass GitHub as the largest Open-source platform by applying Blockchain technology for a more dynamic, democratic, and autonomous Open-source ecosystem. If you have not done so already, make sure to register for your personal Huobi Global account (http://[Suspicious link removed]/2HK1PPs) and participate in the community!
*Roadmap*
Here’s is what the roadmap for HitChain looks like over the next year and a half. Q1 2018: HitChain Team Setup; Q3 2018: Launch Development and Token Sale; Q4 2018: HitChain Community Online; Q2 2019: HitChain Public Chain Online; Q2 2019: Hit Protocol First Release; 2019: Continuous Investment on Community and Optimization. More is yet to come and you can follow the updates by visiting the HitChain website (http://www.hitchain.org/).
*HitChain Token (HIT Token) *
HitChain Token is an Ethereum ERC-20 based Token circulating within the HitChain ecosystem. Once HitChain online, ERC-20 will be exchanged to HitChain Token (HIT Token) at one to one ratio. There is currently a total supply of 102,400,000,000 HIT and 8593 holder addresses.
*HitChain’s Four Step Process*
1. **Hitchain Cryptocurrency Infrastructure: **Mainly based on blockchain technology, HitChain currency Infrastructure provides basic technical support for the operation including ledgers, isolation testimonials, consensus mechanisms and smart contracts.
2. **Hitchain Infrastructure: **HitChain Community Infrastructure is to provide key services including the Hit code management Protocol, distributed code hosting services, and code authentication services, etc.
3. **Hitchain Development and Trading Community: **HitChain Development Community is mainly for software development based while HitChain Trad- ing Community for software transactions. Software development community is mainly composed of Open-source developers while code trading community is composed of code developers and code consumers.
4. **Hitchain Applications: **HitChain Applications provides comprehensive applications to facilitate code development, deployment and transaction.
*Leaders*
HitChain team is composed of global opensource veterans and experts, who have various backgrounds from Microsoft, RedHat, Openstack, and OSChina. **Jiang Li **is the chairman and director of Hitchain Foundation; CTO of Microsoft China. Li has held the post of global senior technology management for a long-term and has a deep insight and extensive network of contacts in the international IT industry. Li has profound accumulation in field of Blockchain, Cloud Computing and Open-source Ecology. Li is responseble for the overall operation and strategy of HitChain, attracting global developers to build a developer autonomous community which can surpass Github. **Khee Joo Tan **is the director of Hitchain Foundation, former TIBCO CTO in APAC. Tan served as technology executives in lots of transnational soft corporations and has over 30 years of working experience in APAC software industry. Tan is responsible for international promotion and business development in the HitChain team.
**Leon Li**is the director of Hitchain Foundation, open-source expert at Intel, first RHCA Certified Architect in Greater China Area. He served on technical positions in many global soft companies. Li will be leading the construction of open-source system in the HitChain team. **Nick Ma **who is a core contributor and maintainer at OpenStack Foundation, Chief Cloud Architect at Telexistence Inc. Ma is responsible for the framework, key module research, and development in the HitChain team.
*HitChain Institutional Investors*
HitChain has a robust list of institutional investors endorsing its promising technical features and foreseeable opensource ecosystem. Some of these investors include BitMain: BitMain is the global top chip R&D company and is a monopoly in the realm of computing power. BitMain must have seen the value of a developer community and developer eco; Huobi Capital; and Draper Dragon: As Tim Draper is a legendary angel investor in Silicon Valley, his investees usually attract a lot of attention.
*HIT TokenAirdrop*
From 10:00, August 3 to 10:00, August 9 (GMT+8), the first 100,000 HT holders who log in Huobi Global will receive an airdrop of 100 HIT each. A total of 10 million HIT will be airdropped and the amount is limited. Airdropped tokens will be issued to Huobi Exchange Account within 7 working days after the offer. Moreover, from 15:00, August 3 to 15:00, August 9 (GMT+8), upon successful registration of this activity, the Top 50 real-name users with a cumulative HIT trading volume (buying and selling volume excluding self-dealing) of not less than 1,500,000 HIT shall receive the following rewards:
TOP 1           6,420,000 HIT
TOP 2           3,620,000 HIT
TOP 3-5         2,120,000 HIT
TOP 6-10      1,386,000 HIT
TOP 11-20        630,000 HIT
TOP 21-50        294,000 HIT
Click here to register for your personal Huobi Global account (http://[Suspicious link removed]/2HK1PPs) today!
You can also find Huobi online at:
Huobi Global Telegram Group: https://t.me/huobiglobalofficial (https://t.me/huobiglobalofficial)
Blog: https://blog.huobi.com/ (https://blog.huobi.com/)
Facebook: https://www.facebook.com/huobiglobalofficial (https://www.facebook.com/huobiglobalofficial)
Instagram: https://www.instagram.com/huobiglobalofficial (https://www.instagram.com/huobiglobalofficial)
Medium: https://medium.com/@huobiglobal (https://medium.com/@huobiglobal)
Twitter: https://twitter.com/HuobiGlobal (https://twitter.com/HuobiGlobal)
Youtube: https://www.youtube.com/HuobiGlobal (https://www.youtube.com/HuobiGlobal)
** Note: *The material provided herein is general in nature and does not take into account your objectives, financial situation or needs. While every care has been taken in preparing this material, we do not provide any representation or warranty (express or implied) with respect to its completeness or accuracy. For the avoidance of doubt, this article is solely intended to be for general information only and does not in any way constitute as professional advice or financial advice. This is not an invitation or an offer to buy or sell cryptocurrencies, nor is it a recommendation to buy or sell specific types of cryptocurrencies. Trading cryptocurrencies carries a high level of risk that may not be suitable for some. Consider your investment objectives, level of experience, financial resources, risk appetite and other relevant circumstances carefully. The possibility exists that you could lose some or all of your investments, including your initial deposits. If in doubt, please seek independent expert advice.

Huobi Chain seeks to establish a top-notch, self-financing public chain which aims to offer individuals and organization the infrastructure needed for developing applications. It is part of the platform’s business shift from being an exchange to an integrated blockchain service provider. Huobi Chain will provide individuals and organizations with a reliable financial protocol for value exchange, fundraising, securitization and more. The public chain will allow various types of applications and smart contracts to operate on the chain seamlessly. The freedom to generate, transfer, notarize and confirmation on the public chain will be unprecedented. Some consider that participation at elections is a citizen's civic responsibility. Be bold, be proud and make sure to vote for your favorite candidates (https://www.hbg.com/en-us/vote-activity/?id=1) on the Huobi Chain Superhero Championship Program.

Some rules when it comes to voting include: (1) Individuals or Institutional users who have more than 100HT can vote; (2) The vote will be produced based on users’ HT amount snapshot at the time of 23:30, and the vote will be delivered next morning; (3) 1 HT = 1 Vote, each user can get at most 200,000 votes every day; and (4) The vote will be delivered every day and will be available for 24 hours.
A favorite of mine is Cosine, who is a renowned hacker and cybersecurity specialist, the co-founder of SlowMist and Joinsec Red Team and has previously worked on projects such as KCon, Seebug, and ZoomEye. Cosine is a leader and an individual who is not affriad to stand up and take action. If you want to learn more and find some Huobi Insight (https://s3-ap-northeast-1.amazonaws.com/huobichain/opinions/%E4%BD%99%E5%BC%A6.pdf), that might be a wonderful idea. Cosine currently has 6767,054 Votes as well as 637 users support groups. Another favorite candidate of mine is David Ritter who is the CEO of The Penta Foundation. David Ritter received his degree in financial engineering from the University of Southern California and is fluent in Chinese and French. David is adept at portfolio fund management and investments. He currently has 31,594 Votes and 22 user’s supporters. David is also a fighter and tough believer to make things right. To see more on David and to learn his background, you can visit his Huobi Insight (https://s3-ap-northeast-1.amazonaws.com/huobichain/opinions/Steve+Melnikoff%2BDavid+Ritter.pdf) page.

The leader should eagerly promote Huobi Chain and ensure the continuity of its operation. If the leader voluntarily resigns from his/her role or is impeached by the Council, he/she must return the HT reward. If the leader maliciously causes delays of the development or other losses, he/she must return the HT bonus and is also liable for the corresponding losses.
Huobi Group will provide 30 million HT as the start-up asset of public chain development, and continue to increase investments in the future to fully ensure that Huobi Chain will become the global industry's highest level of next generation self-financing public chain. Huobi Chain's development will have four stages, from the project startup to the mainnet release, which is expected to take 18 months. Following the completion of leader election during the start-up stage, the development will be led by leaders of the public chain, with board members overseeing and assisting to complete each milestone.
Huobi always follows the spirit of blockchain and listens to the diverse voices in the community. In order to build a better public blockchain platform, Huobi Group would love to hear from community users through HT voting and communicate the community’s will to the developers. We are all urged to vote and ensure the right person leads the project. If you have not done so yet, make sure to create a Huobi account (https://www.huobi.br.com/en-us/topic/invited/?invite_code=da523) today in order to buy $HT to vote for you favorite candidate. Moreover, from holding $HT, you are entitled to free airdrops which occur very frequently.
To learn more, you can visit https://www.huobichain.com (https://www.huobichain.com/)  (https://www.huobichain.com/)as well as https://www.hbg.com/en-us/vote-activity/?id=1 (https://www.hbg.com/en-us/vote-activity/?id=1)  (https://www.hbg.com/en-us/vote-activity/?id=1)to get a better understanding of the Huobi Chain project and learn about other candidates running  for the position. Huobi Group is the leading global cryptocurrency exchange and Blockchain asset financial service provider, consisting of Huobi OTC, Huobi Autonomous Digital Asset Exchange, Huobi Chain, Huobi Pro, Huobi China and Huobi Mining Pool. Huobi Global currently has users in more than 130 countries and has offices in Singapore, the United States, Japan, Korea, and Hong Kong.

You can also find Huobi online at:
Website: https://www.huobi.com (https://www.huobi.com/)
Twitter: https://twitter.com/Huobi_Pro (https://twitter.com/Huobi_Pro) 
YouTube: https://www.youtube.com/channel/UCABkgL5rRAk61E2Qtjtqcxw/featured (https://www.youtube.com/channel/UCABkgL5rRAk61E2Qtjtqcxw/featured)
Instagram: https://www.instagram.com/huobipro/ (https://www.instagram.com/huobipro/)

On Wednesday, Huobi Global recently updated its iOS app with version 3.4.6. Huobi made 5 improvements to help users execute their transactions more seamlessly on their iPhones and iPads. I personally use the Huobi app to check current prices as well as execute trades on the go or when I am away from my laptop. At first, I thought it would be extremely difficult to execute these trades, but I was blown away as to how easy, secure and reliable it was. The app is super user friendly and simple to use. If you have downloaded the Huobi app already, don’t forget to update the app to the newest version. If you have not downloaded the app yet, here is a link to download the Huobi app (https://itunes.apple.com/sg/app/huobi-app/id1023263342?mt=8) at your convenience.



Some of the advantages and product feature’s for the Huobi app include:
1. Support of various cryptocurrencies trading pairs
2. Real-time market
3. Professional market charts
4. Support market and limit orders
5. Fast deposits and withdrawals
6. Price alert
7. 24/7 multi-lingual customer service
8. View detailed trading records
Some of the new features on the upgraded 3.4.6 version include:
1. HB10 is now available
2. HB10 swap-in and swap-out very easily
3. Thai has been newly added
4. User login failure in some regions is fixed
5. Other functions are optimized


HB10 is an index digital asset promoting the exchange and circulation of digital assets at low risks. HB10 will use the full replication method and its holdings are adjusted according to the component coin pairs of Huobi main force index and their weights, so as to effectively track the underlying index trend. By exchanging for HB10, users can hold Huobi main force index. Users can have the opportunity to exchange for a basket of corresponding digital assets so that they can invest in a non-systemic risk diversification digital asset portfolio with fewer virtual currencies. And now with the updated Huobi app, you can easily and conveniently trade the HB10 index on your smartphone at home or on the go!


Similarly, if you a Thai native or happen to be in Thailand traveling and exploring the world, the new Huobi app allows you the comfort to read, understand and trade in the native Thai language. This also expands the market for cryptocurrency users as there are over 68.8 million people living in Thailand today. This could also push the price of $HT, the Huobi Token, through the roof with each additional user and participant of the crypto marketplace.
Moreover, some users experienced login failures in some regions of the world. However, we can now safely say that those bugs have been patched and fixed. Users will no longer have issues logging in and using their favorite cryptocurrency, as an investment, the purchase of goods, store of value or even a bet against inflation. Lastly, other functions are now optimized in the app for the user’s convenience and ease of use. The speed and reliability are one the best reasons I turn to the Huobi app and not to any other third party application.
Several reviews were left on the iTunes app store after users had positive experiences using the app. User Aldrich Sapir1b left a five start review and said, “Long time Huobi member here. Love the company, love the app. They have never ripped me off or done me wrong, which is saying a lot considering that I have had multiple incidents like the Mt. Gox hack happen to me over the years. Their fees are a little high, sure, but that’s the price you pay knowing that your credit card number / bank account number is safe and in good hands. Easy app, awesome for beginners. As soon as you’re ready to play with the high-rollers, just switch over to their professional-trader sister site GDAX (which you can log into with your huobi account). If you pair huobi with another excellent exchange app, Binance, you can easily fund your crypto accounts with USD and have access to a massive variety of altcoins. Huobi is awesome, if you want to get into crypto, this is a good place to start!”


If you have not downloaded the app yet, make sure to use this link to download the Huobi app (https://itunes.apple.com/sg/app/huobi-app/id1023263342?mt=8) at your convenience. There are many new features that if you have not used before, will surprise even the most avid and sophisticated app user’s with the ease, convenience and reliability of the app.

Centralized and Decentralized Digital Asset Exchanges, What You Need to Know

A cryptocurrency digital asset exchange is a website where investors can buy and sell cryptocurrencies for other cryptocurrencies or for fiat money such as USD and EUR. Coinbase, the biggest exchange in the U.S., has a valuation of over $1 billion. Kraken is a cryptocurrency exchange that has its headquartered in San Francisco, California. The exchange has been in business for six years, and has the largest daily trading volume for the Bitcoin/Euro pair. The exchange offers trading in several fiat currencies including USD and EUR and several cryptocurrencies including BTC, ETH, ETC, DASH, GNO, ICN, Litecoin, MLN, Monero, REP, Ripple, Zcash, and Stellar. Poloniex, on the other hand, is a cryptocurrency exchange that does not allow fiat deposits and withdraws. Therefore, customers must purchase cryptocurrencies from other sellers and then deposit cryptocurrencies on the exchange before they can begin trading. Huobi is a leading global cryptocurrency exchange consisting of an OTC marketplace, Huobi Autonomous Digital Asset Exchange (HADAX), Huobi Pro, Huobi China, and Huobi Mining Pool. Huobi Global currently users in more than 130 countries and has offices in Singapore, the United States, Japan, Korea, and Hong Kong.



There are a number of advantages for using centralized exchanges. For one, there is much better liquidity for traders looking to make expedited trades without risking leaving open buy or sell orders for a long time which poses a heavy risk otherwise. Moreover, centralized exchanges allow for simplicity and ease of use for their customers. User interface is huge when I choose an exchange to use. Additionally, centralized exchanges strictly adherence to regulations and respective laws for each country. This is in opposition to decentralized exchanges which do not have a specific country of residents and could make up their own rules and regulations, leaving users with little peace of mind and, at times, utter frustration. Finally, centralized exchanges come with speedy transaction. No more waiting several hours, or perhaps days, for orders to be fulfilled on other exchanges. Huobi, is another centralized cryptocurrency exchange, which has instantaneous transaction times among other benefits.

The decentralized exchange (DEX) ecosystem is still very much in its infancy, but there are some that are already usable. Most of the interfaces are still clunky and there aren’t dedicated companies or teams working on all of these to provide customer support when required. As DEXes rely on recording transactions directly on the blockchain, the transaction speeds are far lower than what a centralized exchange might provide while also resulting in higher fees during peak times. Together, these factors also result in significantly lower volumes being traded across these exchanges. Some examples of these exchanges are: Bisq Network, Bitshares, and Etherdelta.  0x (Zero X), for example, aims to provide an open protocol for decentralized exchanges on top of Ethereum. These exchanges shift back control of funds and trades to the user and they eliminate the single point of failure. A secondary effect is that government taxation or fund confiscation can become nearly impossible. This can arguably have profound long term consequences to macro-economic and geopolitical landscape.



There are a number of advantages for using decentralized exchanges as well. For one, security is top notch, as all the asstets and information are decentralized and not controlled by one person or entity. Moreover, decentralized exchanges are anonymous which protects users from governments and other regulatory bodies. However, there is a downside as well. Recently, Bancor, a decentralized exchange had lost $23.5M USD of ETH, NPXS and BNTC due to hackers breaking in and stealing funds. Questions arose whether Bancor was actually a decentralized exchange or not. For one, they were able to freeze users accounts and removed large amounts of money from their exchange to prevent further thievery. In other news, Bancor raised $153 million dollars in July 2017 in a span of few hours making it one of the largest ICO’s ever.



You can also find Huobi online at:
Website: https://www.huobi.pro/
Twitter: https://twitter.com/Huobi_Pro 
YouTube: https://www.youtube.com/channel/UCABkgL5rRAk61E2Qtjtqcxw/featured
Instagram: https://www.instagram.com/huobipro/

*What Is EOS?*
EOS is a blockchain platform for the development of decentralized applications, commonly known as dapps, similar to Ethereum. EOS makes dapp development easy by providing an operating-system set of services and functions that dapps can make use of. The idea behind EOS is to bring together the best features and promises of the various smart contract technologies out there such as the security of Bitcoin and the computing support of Ethereum in one simple to use, massively scalable dapplication platform for the everyday user to empower the impending blockchain economy. Currently, EOS is available for trading on Huobi (https://www.huobi.br.com/en-us/topic/invited/?invite_code=da523)and is paired with USDT, BTC, ETH and HTi.
*What Happened with EOS?*
The EOS governance model drew severe criticism last month when EOS block producers, who act as the “executive branch” on the EOS blockchain, froze seven EOS accounts in violation of its own constitution. Block producers are decentralized entities that govern the EOS blockchain. The EOS constitution requires such decisions to be made by ECAF, or EOS Core Arbitration Forum, the arbitration body of EOS. But the block producers froze the accounts without receiving any order whatsoever. This was followed by another controversy, when a block producer EOS Store failed to comply with a different ECAF order, alleging miscommunication between the block producers and the arbitration body. To combat all of this mayhem, Block One, the creators of EOSIO have proposed a constitutional change which goes against the EOS whitepaper. You can also learn more about EOS Block Producers and the current state of affairs by watching theHuobi Talk (https://www.youtube.com/watch?v=5kXX9WAGiQc)from July 5, 2018. 
The ongoing issue of EOS governance is rapidly growing into a decisive crisis that could see the entire EOS constitution entirely rewritten. EOS CTO, Dan Larimer, the creator of the constitution proposed a complete constitutional overhaul via Telegram. Larimer’s proposition appears to have taken root within Block.One, who subsequently published an official proposal for an “EOS Constitution v2.0” that resembles a clarified edit of Larimer’s proposed EOS constitution referendum (See: Block.one's Proposal for EOS Constitution v2.0 | Block.one (https://block.one/news/block-ones-proposal-for-eos-constitution-v2-0/)).
*The Future of EOS*
Discussion among EOS community members seems to indicate a lack of clarity about the state of the constitution. Some apparently believe that they are currently functioning under an interim constitution, while others suppose there is really no constitution at all, since this interim constitution was never actually voted on. It is also unclear from where Block.one derives its power to propose a new constitution. The EOS white paper states amendments to the constitution are to come from the block producers, who are then to seek 15/21 approval from their fellow block producers. Block.one maintains possession of roughly 10 percent of EOS tokens. But after all, shouldn’t we want decentralization as opposed to a centralized party? I definitely do. So I encourage all EOS token holders to vote for the group that is most compelling to them and a group they’d prefer to be with. I believe crypto and Blockchain was made so that every person has a voice and I’m glad people stood up for themselves and shared their opinions. I don’t think both sides will ever overcome their differences so I’m with #TeamBlockOne. Choose wisely
*EOS by Numbers:*
EOS is currently ranked #5 by Cryptocurrency Market Capitalizations | CoinMarketCap (http://coinmarketcap.com) and has a Market Cap of $7,916,710,075 USD. Moreover, there is a circulating supply of 896,149,492 EOS with a total supply of 900,000,000 EOS. Before it is too late, make sure to create an account on Huobi (https://www.huobi.br.com/en-us/topic/invited/?invite_code=da523)and trade EOS with a paired USDT, BTC, ETH or HTi match.
Huobi is the leading global cryptocurrency exchange and Blockchain asset financial service provider, consisting of Huobi OTC, Huobi Autonomous Digital Asset Exchange (HADAX), Huobi Pro, Huobi China, and Huobi Mining Pool. Huobi Global currently has users in more than 130 countries and has offices in Singapore, the United States, Japan, Korea, and Hong Kong. Underpinned by world class security and risk control systems, Huobi is one of safest exchanges in the market today. Huobi Pro is also proud to be the first cryptocurrency exchange that provides 24/7 customer service.
You can also find Huobi online at:
Website: https://www.huobi.pro/ (https://www.huobi.pro/)
Twitter: https://twitter.com/Huobi_Pro (https://twitter.com/Huobi_Pro) 
YouTube: https://www.youtube.com/channel/UCABkgL5rRAk61E2Qtjtqcxw/featured (https://www.youtube.com/channel/UCABkgL5rRAk61E2Qtjtqcxw/featured)
Instagram: https://www.instagram.com/huobipro/ (https://www.instagram.com/huobipro/)

*bitPico and Their Moves *
bitPico had made a reputation for itself as a champion of the Bitcoin network scaling solution SegWit2xas well as for creating the Lightning Network, commonly known as LN. bitPico is also working on a 51% attack on Bitcoin Cash to show that BCH is not decentralized enough. Bitpico wants to stress test the Bitcoin Cash network and show the world how easy it is to take down the Bitcoin Cash network. The aim of the group is to fork Bitcoin Cash and create bitpicocash.  However, the overall goal of the group is to expose Bitcoin cash as a weak and unusable network, one that should never be adopted for business. Despite progress, Bitcoin Cash supporters continued to claim the altcoin’s supremacy to Bitcoin, expanding the network’s block size to 32 megabytes and rebutting criticism from pro-Bitcoin sources both online and in the media. Nonetheless, you can buy, sell or trade Bitcoin and Bitcoin Cash despite your preferences with Huobi Pro (https://www.huobi.br.com/en-us/topic/invited/?invite_code=da523), a leading cryptocurrency exchange.



*Bitcoin *
Bitcoin is the largest and most valuable cryptocurrency in the world. It began its journey with the promise of offering a fast and cheap method of payment. But Bitcoin transactions are far from cheap and fast anymore due to the currency’s technical limitations — a problem Bitcoin Cash is trying to solve. The issue with Bitcoin is the small 1 MB block size limit. This makes it painfully slow, as the currency is said to be capable of processing only seven transactions per second. For comparison, Visa can handle 24,000 transactions in the same time. Bitcoin transactions also take 10 minutes to process and have become expensive because of high demand.

*Bitcoin Cash*
Bitcoin Cash was launched in August 2017 and since become Bitcoin’s most popular cryptocurrency that has forked from bitcoin network. The reason of this fork is to increase the block size and process more transaction per second. Bitcoin’s maximum block capacity is 1MB, at this current time allows to process around seven transactions per second and implications of congested blocks, means paying higher fees. Bitcoin Cash on other hand has a maximum block capacity is 8MB which is allowed to process around 60 transactions per second and fees 99% cheaper than Bitcoin.
One can only imagine how ridiculous this block size debate must look to an outsider, but to the Bitcoin community, this issue is of vital importance. Although there are two complementary technologies, known as SegWit and Lightning Network already implemented on the main net as viable solutions to the scaling problem, as it stands, the adoption of these technologies is still too small to have any real effect.


*Bitcoin vs Bitcoin Cash*
The other significant technical difference between the two is the mining algorithm. They’re both running a PoW mining algorithm, but at the inception, BCH was running a less difficult mining algorithm as a way to attract miners and compete with BTC. However, this approach backfired as miners were getting in and out solely based on the profitability of mining BCH at the moment which resulted in unpredictable block times. To solve this, BCH introduced the Difficulty Adjustment Algorithm (DAA) which is a dynamic mining algorithm. This means that the mining difficulty is flexible and adjustable in efforts to create a more constant and predictable block time and protect miners migrating from BTC from hash rate fluctuations.

Since Bitcoin Cash forked out of Bitcoin, there’s a propaganda war going on in the media, blog posts, and forums. Both sides are spreading nasty lies about each other and attacking each other in various ways. Roger Ver, the owner of Bitcoin.com (http://Bitcoin.com) and a leader of Bitcoin Cash, started referring to Bitcoin Cash as the Real Bitcoin on his site, creating massive confusion in the community, especially for the people that recently got into crypto. This is why bitPico is working on a 51% attack on Bitcoin Cash to show that BCH is not decentralized enough and that Bitcoin is a better overall solution. I personally am a big believe in Bitcoin due to its decentralization factor. After all, isn’t that why Bitcoin was created in the first place?

*Conclusion*
Nonetheless, the two can co-exist on the market, along with many other cryptocurrencies including Ripple and Ethereum, to name a few. But the important thing to remember is that despite having similar names, they are two entirely separate currencies. To purchase your cryptocurrencies, visit Huobi Pro (https://www.huobi.br.com/en-us/topic/invited/?invite_code=da523) and create an account today.

With so much activity taking place in the crypto world it is very much a case of making sure that you do your own due diligence, or at least follow someone who does. Especially after the recent rise and fall in cryptocurrency values from last summer, autumn, and then down into the valleys of the recent crypto winter as prices fell from their all time highs. With this in mind I am grateful to have signed up for the Huobi Research Weekly email newsletter digest, and I have been finding it a useful too. It is compiled and issued by Huobi Pro (https://www.huobi.br.com/en-us/topic/invited/?invite_code=da523)and they certainly have their finger on the pulse in terms of assessing the global trends taking place. More specifically, the data shows market turnover decreased overall this week, with EOS (80%), TRON (49%) and BTC (29%) having the highest turnover, while XLM (7.8%), XRP (10.6%), and ADA (16.1%) having the lowest.

*Market Performance Outlook*
The cryptocurrency market has seemed to put a break on its current downtrend. Among all top 10 cryptocurrencies, TRON experienced the largest increase of 7% and IOTA experienced the largest decrease of 13% in their respective market caps. In terms of price volatility, BTC had the smallest volatility rate of 0.0028 sd and IOTA has the largest volatility rate of 0.0063 sd. Moreover, EOS, TRON and BTC** **were the three cryptocurrencies with the largest turnover last week, each with 80%, 49.4%, and 29.3% respectively. On the other hand, Stellar, Ripple and Cardano had the smallest turnover last week, each with 7.8%, 10.6% and 16.1% respectively.


*Correlation Does Not Equal Causation *
Correlation amongst assets is the degree to which they move alongside each other. The matrices below show Pearson correlations and p-values that are computed from log-returns of volume-weighted average daily prices over the past week. This week, the price of top 10 Cryptocurrencies **no longer**moves in tandem, with IOTA/XRP (0.93), IOTA/NEO (0.92), IOTA/BCH (0.91) having the strongest correlations in price while IOTA/ETH (0.12), EOS/NEO (0.22), EOS/IOTA (0.28) having the weakest correlations in price. The Pearson chart shows the distinct correlating currencies with and between each other.
*Market Trajectory and Undervalued Coins*
Despite a shaky few months with hundreds of billions wiped off the total cryptocurrency market earlier this week experts are predicting a rebound with the market to bounce back with interest.
Experts warned the total value could break the trillion-dollar mark before the year is out. Some projects worth researching: **Ontology**($ONT) is a NEP-5 token native to the NEO blockchain. Ontology is a dual token system very similar to NEO. By staking your ONT, you receive Ontology Gas (ONG), which is used as the fuel to performance transactions on the Ontology blockchain.  Ontology is attempting to tackle a massive issue: how do we verify data and personal identity in order to confidently upload information from the “meatspace” onto the blockchain? Without digital identity and secure data, no one can participate in the smart economy being created by NEO. It’s an ambitious project that aims to work with all the major industries such as government, healthcare, insurance, and banking. **Tron**($TRX) has experienced price instability in the past, including the growth of more than 3,500% in the space of one month. However, one of the main advantages of Tron’s platform is that it makes it easier for users to publish their content as well as data freely nurturing the growth of the media and entertainment industry. **Huobi**has a great reputation after becoming one of the most trusted cryptocurrency exchanges in the world. This has driven it to issue its own native token, the Huobi Token ($HT). This is a cryptocurrency with a twist and every big investor is looking for ways to have a piece of the action. Huobi Token did not go the Initial Coin Offering (ICO) way; instead a total of 300 million HT was issued to users to enable them buy “service fee packages” using USDT, a cryptocurrency that is pegged to the US Dollar. You can purchase $HT (https://www.huobi.br.com/en-us/topic/invited/?invite_code=da523)via USDT, BTC, LTC, and ETC. While most of the crypto world was getting excited about ICO’s, Huobi Token slowly showed and is currently attesting the potential that a non-ICO can have within the market, similar to that of Bitcoin.

*Get in Touch:*
**E-mail: **huobiresearch@huobi.com (mailto:huobiresearch@huobi.com)
**Twitter: @**Huobi_Research
**Medium: **Huobi Research
**Facebook: **Huobi Research
**Website: **http://research.huobi.com/ (http://research.huobi.com/)
*Disclaimer:*I personally own $ONT, $TRX, and $HT. This information should not be interpreted as an endorsement of buying cryptocurrencies or a recommendation to invest. Historic performance is no guarantee of future returns. The prices of securities fluctuate, sometimes dramatically. While cryptocurrencies can give you huge profits, you must be prepared to lose money. Remember, your predictions won’t always be right! Nobody truly knows what is going to happen to the price of a cryptocurrency, or any other investment. You should** **only invest money that you are not afraid to lose.

About Libra Credit:
Libra Credit is a decentralized lending ecosystem that facilitates open access to credit anywhere and anytime based on the Ethereum blockchain. Global lending is expected to grow at 14% over the next five years driven by a rise in digital ecosystems and technology disruption which makes lending to more than two billion under-banked population a closer reality for Libra Credit. Lu Hua, the co-founder and CEO of Libra Credit, was a senior executive in Paypal (Head of Core Payments for PayPal China and Head of Global Banking Platform for Paypal US). He has also a strong entrepreneurship experience since he has built a loan company in China (moKredit) with 30M users. Dan Schatt, also a co-founder, was also a top executive of Paypal as General Manager of Financial Innovations, and has also experience in fintech companies, and is the author of *Virtual Banking*. LBA, or Libra Credit’s token, was listed on four major exchanges on the same day, with Huobi Pro (https://www.huobi.br.com/en-us/topic/invited/?invite_code=da523) being one of them.

Libra Credit’s business model, backed by a team wants to build a decentralized lending ecosystem, includes:
* A network of partnerships with institutional investors, private investors and stablecoins
* An AI-based credit assessment framework
* Implementation of various operations such as crypto to fiat loans, crypto to crypto loans, crypto to stable coin loans, and so much more

Libra Credit vs Competitors:
The big difference between competitors in the space is that Libra Credit accepts other crypto currencies such as Bitcoin as collateral for the loan. MakerDAO only accepts ETH. Also with Libra you can borrow another cryptocurrency or fiat, where as with Maker you can only borrow DAI. Libra Credit also has a credit and risk assessment step, which then allows for a better collateral-to-loan ratio. 125% is mentioned in the whitepaper, where as I believe the best MakerDAO gives is 150%, so you're literally getting a higher value loan for the same collateral.

Libra Credit will be launched in July 2018 with crypto-to-crypto and crypto-to-fiat lending underpinned by its industry-leading credit management capability and four distinctive partnership networks forming a world-class lending ecosystem that encompasses:
* In-house Proprietary AI-based Credit Model;
* Customer Acquisition & E-Wallet Partnership Network to drive adoption;
* Lenders & Stablecoin Partnership Network to drive liquidity;
* Extensive Exchange Partnership Network to minimize default;
* Identity Verification Partnership Network to expedite KYC & a verification process

Benefits of Libra Credit:
When you consider all the benefits of Libra Credit, these quickly come to mind:
* Libra CEO has already built a loan company in China (moKredit) with 30 million users.
* Libra already has 50 people working full time on the project.
* Working MVP: http://www.libracredit.io/loan (http://www.libracredit.io/loan) where you can take out a loan right now.
* The project has well-connected Chinese financial backers who should ensure a quick exchange listing and market making.
* ICO whitelist had to close early due to high demand.

Moreover, Libra Credit recently received over $16M USD in institutional investments. In Q32018, Libra Credit Platform (Desktop version) will be launched for crypto-to-crypto/fiat lending and the Libra Credit mobile app will be launched in Q42018. Other digital asset-to-crypto/fiat lending enabled with extended partnership networks will take place in 2019 and finally Digital/financial/physical asset-to crypto/fiat lending enabled with global partnership networks will begin in 2020.

Huobi Talk This Thursday:
Finally, Huobi Talk is the #1 Talk Show that gives its viewers insights into the world of cryptocurrencies and blockchain technologies. Huobi Talk is a live broadcast held from 12pm to 2pm (GMT+8) every Thursday on YouTube (https://www.youtube.com/channel/UCABkgL5rRAk61E2Qtjtqcxw). Huobi Talk falls under the Huobi Group which is the leading global cryptocurrency exchange and Blockchain asset financial service provider, consisting of Huobi Pro, Huobi OTC, Huobi Autonomous Digital Asset Exchange (HADAX), Huobi Pro, Huobi China, and Huobi Mining Pool. Huobi Global currently has offices in Singapore, the United States, Japan, Korea, and Hong Kong. This week, Huobi Talk will host Lu Hua so you don’t want to miss this. LBA is currently listed on Huobi Pro (https://www.huobi.br.com/en-us/topic/invited/?invite_code=da523) and could be purchased within minutes! What are you waiting for?

You can also find Huobi online at:
Website: https://www.huobi.pro/ (https://www.huobi.pro/)
Twitter: https://twitter.com/Huobi_Pro (https://twitter.com/Huobi_Pro)  
YouTube: https://www.youtube.com/channel/UCABkgL5rRAk61E2Qtjtqcxw/featured (https://www.youtube.com/channel/UCABkgL5rRAk61E2Qtjtqcxw/featured)
Instagram: https://www.instagram.com/huobipro/ (https://www.instagram.com/huobipro/)

Mainnet Launch
On May 31st the Tron mainnet, Odyssey 2.0, was successfully launched and is now available for download from the TRON Github page.  A big step forward for the project, TRON Odyssey 2.0 has accumulated 2,153 commits (revisions), merged 547 forks, released 15 software iterations, and added 102 new features. Furthermore, June 25th has been scheduled as the date of full migration of the network and has been referred to as ‘Independence Day’. In terms of logistical issues, the switch from ERC-20 to native TRON tokens, will only be available as an ‘automatic’ option. This means TRX holders will have to ensure their tokens are in a supported exchange or wallet, such as on Huobi Pro, and Huobi will handle the transition - converting the existing tokens into their new form. If users miss the final migration day, they will be unable to manually switch to the new form of TRX and will have to wait until another mainet switch date is announced. This later mainet switch will only occur on an exchange of TRON’s choosing, which will be announced at some later date. Similarly, from 12:00 (UTC+0) on June 12th, 2018, Ontology Polaris TestNet will switch from DBFT to VBFT consensus algorithm. So developers involved in DBFT need to backup ahead of the switch. Additionally, Onotology will launch their mainnet at the end of June and finally have their own blockchain. Huobi has announced that it fully supports the mainnet token swap scheduled for June 30, 2018. Click here and sign up for a Huobi account today.
 
Tron (TRX) and Ontology (ONT) are going to switch to mainnet and require users to swap their ERC-20 tokens to their own native platform tokens. Huobi has supported many mainnet launches (e.g. EOS) and will support many more token swaps like Tron and Ontology. All TRX and ONT coins that were not registered may be worth nothing. If the ERC-20 TRX/ONT tokens are in Huobi Pro, then Huobi Pro will do the swapping of the new tokens for you. If the token is in a wallet, you will not be able to move or trade them.



TRX & ONT Switch
Moreover, the liquidity of the tokens in a wallet is completely illiquid during the transition period of the mainnet launches. This transfer of TRX & ONT from ERC-20 token to mainnet token may take longer than expected, so users will not be able to trade the token based on interim news. However, if customers leave their tokens in Huobi Pro, then the users can still trade the tokens AND get the new issuance of the TRX/ONT tokens. If your ERC-20 EOS tokens are in Huobi Pro, then Huobi Pro will do the claiming of the new tokens for you. If the token is in your wallet and is unregistered with Block.One, then users will not get the new TRX/ONT tokens. If the token is in a wallet, you will not be able to move or trade them. The liquidity of the TRX/ONT token in a wallet is completely illiquid. This transfer by TRX/ONT from ERC-20 token to mainnet token may take longer than expected, so users will not be able to trade the token based on interim news. However, if they leave their token in Huobi Pro, then the users can still trade the tokens and get the new issuance of the TRX/ONT tokens.



TRX Development
Tron, the cryptocurrency that was developed and subsequently tokenized in September 2017, has been making inroads in the cryptocurrency market by toppling other cryptocurrency big guns. There are very few coins that can make such meteoric rise possible, in its price chart within a few months after its tokenization like TRX. Very recently, Justin Sun, the founder of this ingenious cryptocurrency has announced a few major updates in the coming months which are going to make a pivotal impact on this currency’s future and consequently its holders’ as well. Launch of Odyssey 2.0: Tron is likely to implement six different stages with unique new features for its holders. The coin is currently in its first stage known as Exodus. Very soon, the second stage named Odyssey 2.0 will be launched and implemented with its inherent proof of stake algorithm. Moreover, with launching the new stage, this cryptocurrency would also implement the on-chain resource allocation governance system for helping their users in allocating valid resources of entertainment content. Finally, as per Justin Sun’s statement and the updated roadmap, the transaction cost for TRX would be mitigated to zero. This will allow even more investors to opt for this digital currency.

Huobi
Huobi Group is the leading global cryptocurrency exchange and Blockchain asset financial service provider, consisting of Huobi Pro, Huobi OTC, Huobi Pro, Huobi China, and Huobi Mining Pool to name a few. Huobi Global currently has offices in Singapore, the United States, Japan, Korea, and Hong Kong. So be sure to click here and sign up for a Huobi account today!

BnkToTheFuture is a money-related organization that offers customers monetary products of choice. BnkToTheFuture is not just another crowdsourcing platform. It is distinguished by a process of searching and analyzing projects for listing, which could be called decentralized owing to a mechanism that is completely open to anyone. Thus, by shifting the process of analyzing and supporting startups to the crowd, an interesting precedent is created for a platform maximally oriented to a wide range of investors. BnkToTheFuture functions not only as an ecosystem operator, but also the final decision maker on listing a project on the platform, the ultimate guarantor for quality and legal purity. Any project for potential listing on the platform passes through the filters of both the crowd and the company itself.Moreover, BF Token has a total market cap of $105,142,198 USD, with $1,726,620 USD in 24-hour volume. BF Token is highly traded on Huobi.pro - The Leading Global Digital Asset Exchange - Huobi.Pro (http://Huobi.Pro) with an average price of $0.167127 USD and Huobi coming in second highest volume of all other exchanges. You can purchase BFT onHuobi (https://www.huobipro.com/)’s website. Also, if you haven’t done so already, do not forget to create your own Huobi (https://www.huobi.br.com/en-us/topic/invited/?invite_code=da523)account today!
Benefits of BnkToTheFuture:
The contribution is a real business, which implies that customers need the right data available to be able to choose the best option for their needs. These are the main points of interest to contribute to this platform related to money:
* **Contribute to specialists**
People who contribute with BNK in the future comes with the possibility to contribute with the teachers. As the brand demonstrates, it is the world’s largest online speculation group. Each member of the team understands the progress of the budget and technology, which implies that the clients are the person who receives the rewards.
* **Put Resources on Top Deals.**
People who utilize this platform can also place resources in the best configuration. The brand gives its reputation on its site so that customers can decide exactly the success of the organization. As the brand shows, it has delivered Angel’s best speculators and investors.
* **Secure system**
This framework is extremely safe. When customers contribute, they can do it without worries. The organization uses banking review security techniques and a two-factor validation framework so customers can be sure when they utilize the platform.
Additionally, BnkToTheFuture has successfully invested in dozens of companies. These includes Pandai, one of China’s earliest P2P Lending platforms, which signed strategic agreements with Tianjin Government’s VC fund and UnoCoin, India's leading Bitcoin Company. Each of these projects were overfunded, raising millions of dollars of capital to grow strategically and prosperously.
BnkToTheFuture has many success stories under their belt to share with the world. Two I want to mention is that they raised financing for BitReserve, which has now rebranded to Uphold. Uphold is one of the most promising companies in the financial sector, for it allows users to move money— and for free — from person to person regardless of geological barriers. Additionally, BnkToTheFuture helped fund ShapeShift which allows anyone to convert one digital asset into another within moments without needing them to create an account. The implications of that is that in the future you can take a precious metal like Gold which can be put into a digital asset, and can be switched with another digital asset without any friction. Therse are only two of the many success stories which can be shared by BnkToTheFuture.
In Q3 2018, BnkToTheFuture will launch full tokenized securities marketplace with our first two companies on our secondary market with our exchange partner. Moreover, in Q4 2018, BnkToTheFuture will target to launch 10 tokenized securities markets and develop a BnkToTheFuture index for Bitcoin and [Suspicious link removed]panies listed on their platform. From there, BnkToTheFuture will continue strategic acquisitions and investments to support the adoption and growth of Bitcoin, Blockchain and FinTech globally.
This week’s Huobi Talk will be hosting Simon Dixon, CEO of BnKToTheFuture, a project listed on Huobi Pro. Simon will be sharing his views on the tradition banking platform vs blockchain as well as his overall views on Bitcoin as well as BnKToTheFuture. Simon is also the Fund Manager of Bitcoin Capital & author of the book 'Bank to the Future'. He is an active FinTech & Bitcoin angel investor and ex-director of the UK Digital Currency Association & UK CrowdFunding Association, who regularly speaks on the future of finance to governments, businesses, investors and financial institutions. Finally, make sure to sign up for Huobi’s YouTube Channel (https://www.youtube.com/channel/UCABkgL5rRAk61E2Qtjtqcxw)today! BF Token is currently listed on Huobi Pro and you can trade in minutes after creating a Huobi (https://www.huobi.br.com/en-us/topic/invited/?invite_code=da523)account.
Huobi Talk is the #1 Talk Show that gives its viewers insights into the world of Blockchain technologies. The show delivers global developments in Blockchain, bringing you data driven and content rich information with stories behind the technology. Huobi Talk also dives deep into conversations surrounding Blockchain and describes the endless possibilities of the future of cryptocurrency. Huobi Talk is a live broadcast held from 12pm to 2pm (GMT+8) every Thursday. Huobi Talk falls under the Huobi Group which is the leading global cryptocurrency exchange and Blockchain asset financial service provider, consisting of Huobi Pro, Huobi OTC, Huobi Autonomous Digital Asset Exchange (HADAX), Huobi Pro, Huobi China, and Huobi Mining Pool. Huobi Global currently has offices in Singapore, the United States, Japan, Korea, and Hong Kong.

Over the last several weeks, Huobi and their utility token, HT, have seen a huge burst of value and increase in demand from all around the world. The HT token flew from #135 on coinmarketcap.com to #60, where it is at today. Moreover, the price per HT increased from less than $1.50 to now over $5.50. That’s a 266% increase in value and price within the last 30 days. Talk about Wall Street’s 12% yearly ROI. Huobi Token (HT) will also see an upgrade from its current use in the ecosystem to be based on Huobi Chain. Key partners in the Huobi ecosystem will be upgraded to become super nodes on the Huobi Chain. The increase and outburst of demand mainly stems from products and improvements Huobi is building in the Cryptocurrency and Blockchain ecosystem. Moreover, Huobi Group is pushing forward with a global rebranding plan, while also undergoing the Huobi Chain Project. Most importantly, you can create your own Huobi account.

As far as the Huobi Chain Project goes, you can be rest-assured that the Huobi Chain aims to establish a high level, trustworthy, next-generation, self-financed public chain. Huobi Chain aims to provide credible self-finance infrastructure for individuals and organizations. The public chain will allow various types of applications and smart contracts to operate on the chain seamlessly. The freedom to generate, transfer, notarize and confirmation on the public chain will be unprecedented. Think of Ethereum and EOS, but on a much stronger and larger network.


“We firmly believe in a decentralized future, and the main goal of the Huobi Chain project is to transform a centralized corporation to a decentralized one that’s run by the community,” said Leon Li, founder, and CEO of Huobi Group. “Our dream is for Huobi to run on the public blockchain and become a truly decentralized autonomous organization.”

The Huobi Group has invested 30 million HT for Huobi Chain public chain development. Huobi Group pledges to continue to devote additional investment to ensure that Huobi Chain will become the best Public Chain in the world. Huobi will kick-start the program by seeking out a global leader to lead the development of the Huobi Chain project. Divided into multiple milestones, teams from around the world can join and compete for the prize pool. New groups can enter the contest at any milestone based on the open sourced code from previous milestones. Well known to many, some of the benefits of using a global public Blockchain such as the Huobi Chain Project include:

•   Supply chain management
•   Quality assurance
•   Accounting
•   Smart contracts
•   Voting
•   Stock exchange
•   Energy supply 
•   Peer-to-peer global transactions


Some more positive news come from Huobi this week. For one, Huobi is initiating a global recruitment to select a Huobi Global CEO within 3 months. Moreover, Huobi will form a council with about 7 council members (including two or more Huobi Directors) to jointly build the technical architecture and institutional design of Huobi Chain. This will allow for greater flexibility and faster growth for both Huobi and the global crypto and [Suspicious link removed]munity.

Additionally, Huobi Group will be global at heart, yet localized in service. What this means is that Huobi services will cater to everyone around the world, all while deploying resources locally to be close to users as well. An example is Huobi Australia which has received approval from the Australian regulatory authorities to legally carry out fiat-to-coin trading business. Such developments will be integral in the internationalization and localization of Huobi Group. There are only a handful of exchanges which allow fiat-to-coin trading, and Huobi will now be one of them.

Finally, Huobi Group will invest $200 million USD to accelerate the Huobi Ecosystem. The focus is on upstream and downstream Blockchain projects, including but not limited to, exchanges, project incubators, media applications, digital wallets, data services, technological research, education, financial products, digital assets etc.

There is much more growth ahead of Huobi and I recommend you stay on top of it all. You can do so by subscribing to Huboi’s YouTube channel. Huobi will be posting interactive and engaging videos which brings much value to the crypto community. Also, do not forget to create your own Huobi account. To much more success and a brighter future for all.