{"id":74012,"date":"2023-02-13T15:58:00","date_gmt":"2023-02-13T13:58:00","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=74012"},"modified":"2025-09-09T17:43:07","modified_gmt":"2025-09-09T14:43:07","slug":"huobi-to-end-support-for-huobi-cloud-wallet","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/huobi-to-end-support-for-huobi-cloud-wallet\/","title":{"rendered":"Huobi to end support for Huobi Cloud Wallet"},"content":{"rendered":"<p>On May 13, 2023, the cryptocurrency exchange Huobi<a href=\\\"https:\/\/www.huobi.com\/support\/en-us\/detail\/104930589754766\\\">will close<\/a> the eponymous cloud-wallet service due to &#8216;strategic and product adjustments&#8217;.<\/p>\n<p>Details were not disclosed.<\/p>\n<p>The Huobi Cloud Wallet service will officially terminate on February 13.<\/p>\n<p>Users are advised to transfer their assets to exchange accounts or other wallets. The corresponding functionality will be available for the next three months.<\/p>\n<p>The exchange offered users seamless synchronization with the cloud-wallet service to access various DeFi protocols.<\/p>\n<p>In autumn 2022, Huobi <a href=\"https:\/\/u1f987.com\/en\/news\/huobi-cryptocurrency-exchange-announces-rebranding\">announced a rebranding<\/a>, as a result of which it dropped the official name Huobi Global, and <a href=\"https:\/\/u1f987.com\/en\/news\/huobi-denies-possible-merger-with-poloniex\">denied<\/a> rumors of a possible merger with Poloniex.<\/p>\n<p>Earlier, the company agreed to <a href=\"https:\/\/u1f987.com\/en\/news\/huobi-global-agrees-to-sell-controlling-stake-to-hong-kong-based-about-capital-management\">the sale of a controlling stake<\/a> to the Hong Kong investment company About Capital Management. The financial terms were not disclosed.<\/p>\n<p>On January 6, Reuters, citing a statement from the exchange, reported that the company plans to <a href=\\\"https:\/\/www.reuters.com\/technology\/crypto-exchange-huobi-lay-off-20-staff-justin-sun-2023-01-06\/\\\">lay off about 20% of staff<\/a> as part of cost-cutting amid a sharp drop in investor interest in digital assets.<\/p>\n<p>Earlier in 2023, Tron founder and adviser to the platform Justin Sun<a href=\"https:\/\/u1f987.com\/en\/news\/justin-sun-denies-reports-of-problems-at-huobi\">denied<\/a> rumors of problems at Huobi and stressed that user assets were safe.<\/p>\n<p>Later, the South Korean subsidiary of the exchange said it aimed to <a href=\"https:\/\/u1f987.com\/en\/news\/media-huobis-south-korean-subsidiary-distances-itself-from-its-parent-company\">separate from the parent company<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On May 13, 2023, the cryptocurrency exchange Huobi will close the eponymous cloud-wallet service due to &#8216;strategic and product adjustments&#8217;.<\/p>\n","protected":false},"author":1,"featured_media":74013,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1093,230,57],"class_list":["post-74012","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-defi","tag-huobi","tag-wallets"],"aioseo_notices":[],"amp_enabled":true,"views":"33","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/74012","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=74012"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/74012\/revisions"}],"predecessor-version":[{"id":74014,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/74012\/revisions\/74014"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/74013"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=74012"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=74012"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=74012"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}