Huobi Pro lists Power Ledger

Huobi Pro exchange annouced the launch of Power Legder tokens which led to the price rise of the cryptocurrency
07 January 2018   237

On January 6 Huobi Pro cryptocurrency exchange announced that it launched Power Ledger tokens on the platform. As it was stated in the announcement, deposits became available from 14:30 on January 6, 2018 (GMT+8).

POWR/BTC and POWR/ETH trading will be available at New Zone from 14:00 on January 7, 2018 (GMT+8), while withdrawals will be available from 14:30 on January 8, 2018 (GMT+8).

At the moment of press, these are main market parameters of Power Ledger token:

  • Average price: $1,93
  • Marketcap: $695 687 647
  • 24h volume: $63 264 700

Huobi and 500 Startups to Incubate Blockchain Startups

New enterprise will be called Batch 23 and will support startups in various ways
21 February 2018   47

Startups accelerator from the Silicon Valley 500 Startups announced the conclusion of an agreement with the division of the Huobi exchange, pursuing the same goals, Huobi Labs. This is reported by Coindesk.

Both organizations will support start-ups in various aspects, including helping them in drafting business plans, white paper, marketing strategies, engaging the community and attracting funding.

Huobi Labs will provide its links in the blockchain space, which will help 500 Startups program participants to work more actively with this technology. The group of startups included in the joint program Huobi Labs and 500 Startups, will be called Batch 23.

Our teams will learn so much especially around the ins and outs of how a digital exchange works.

Edith Yeung

Partner, 500 Startups

The founder of Huobi Labs, Junfei Ren, said that his company will work with the participants of 500 Startups and Batch 23 to "provide maximum assistance and support to all new projects".

500 Startups is an early investor in several crypto-currency projects. However, the company refuses to participate in the ICO, citing financial and legal risks.