FOR:Huobi Global's Notice on Supporting the Upcoming Ethereum Merge

DearHuobiGlobalusers,

AsperannouncedbytheEthereumFoundation,theexecutionlayerParisupgrade,markingthemigrationfromproof-of-powertoproof-of-stake,isaroundthecorner.ThishistoricaleventwillbetriggeredwhentheTerminalTotalDifficultyvaluereaches58750000000000000000000,whichisexpectedtohappenbetweenSept10toSept20,ormorespecificallyataround2022-09-1500:30(UTC)atanapproximateETHmainnetblockheightof15,540,293.

TheMergeisatwo-stepprocess.ThefirststeppriortotheParisupgradeisanetworkupgradeontheconsensuslayer,theBellatrix,whichisscheduledforanepochheightof144896at11:34:47amUTConSept6,2022.

HuobiGlobalwillsupportthetwoupgradesandisreadyforapossiblehardforkandanewtokenthatmaybeproducedfromit.HuobiGlobalistotakethefollowingmeasurestoprotectuserassetsecurityandreducethetradingrisksthatmayarisefrompricevolatilityduringthehardfork.

1.SuspensionofdepositsandwithdrawalsHuobiwillsuspendthedepositandwithdrawalservicesforETHandERC-20tokensfrom11:00:00UTCSept6,2022(theconsensuslayerupgrade)tillfurthernoticeoftherecoveryoftheseservices.Wekindlyadviseyoutospareasufficienttimebufferforyourdepositsandwithdrawalsoftheaffectedtokens,whichshouldbescheduledbeforethesaidtime.WewillpublishanothernoticetoletyouknowwhetherthedepositandwithdrawalserviceswouldbeaffectedbytheParisupgrade.

孙宇晨：火必Huobi业务发展势头良好，将加快全球合规展业步伐:1月5日消息，波场TRON创始人、火必Huobi全球顾问委员会成员孙宇晨发布多条推文，孙宇晨指出，火必Huobi近期业务发展势头良好，核心指标保持了高速增长，新注册用户数与资沉流入量日均增长率超过2022年峰值，并诞生了Pi、Bonk等首发千倍币，相关币种交易量均处于行业第一，引领了多个行业热点，持续带动市场行情复苏。

孙宇晨同时表示，火必Huobi基础安全能力强大，基础设施托管于国际知名云服务器，具备容错率极高的灾备能力，核心业务数据与技术架构不依赖任何中心化人力，十年无安全事故的行业最好安全记录，用户的资产安全将始终得到充分保护。

孙宇晨最后指出，火必Huobi将坚持和加快全球合规展业步伐，在每个合规展业地区，都会根据当地的法规政策来保障从业者的合法权益，充分尊重当地员工的合法诉求，并为优秀人才持续提供具有行业竞争力的激励和待遇。[2023/1/5 10:23:36]

2.SuspensionofnewmarginloansTomanagethemarginrisk,HuobiGlobalwillsuspendthecrossandisolatedETHmargintradingloanserviceandtheETHcryptoloansservicefrom00:00(UTC)Sept14to00:00(UTC)Sept16,2022.Pleasemakesureyouplanyourloanpositionsaccordingly.

3.AssetandtradingserviceswillremainunaffectedAssetstatus,spottrading,andstrategytrading(TradingBot)servicesforETHandERC-20tokenswillnotbeaffectedduringthehardfork.Butthemarketmayfluctuateinresponsetothehardfork.It’swell-advisedtoactprudently.P2P,QuickBuy/Sell,andAuto-Investwillnotbeaffected.Assetbalancesnapshotswillbebasedonthecompletedorders.Ifthepaymenthasbeenmadeforanorderbuttheorderisstillpendingwhenasnapshotistaken,thentheassetinvolvedinthisorderwillnotcounttowardtheassetbalance.Doschedulesufficienttimeforyourselfsothattheordercanbecompletedintime.The3rdPartyPaymentchannelforbuyingETHandERC-20tokenswillbetemporarilysuspendedfrom09:00(UTC)Sept6,2022,untilfurthernoticeofrecoverytime.Crossandisolatedmargintradingwillnotbeaffected.ButthemarginloanservicesforcrossandisolatedETHmargintradingwillbetemporarilysuspendedfrom00:00(UTC)Sept14to00:00(UTC)Sept16,2022.Pleasewatchoutforvolatilemarketmovements,whichmaycauseliquidationeventsduringthehardfork.FuturestradingofETHandERC-20tokenswillnotbeaffected.Butthehardforkmayresultinhighpricevolatilityandextrememarketconditions.PleasepaycloseattentiontotheMergetimeandmakeinformeddecisionsonpositionmanagementandriskcontrol.ETPtradingservicesforETH'sETPproducts(ETH3L/USDT,ETH3S/USDT,ETH1S/USDT)willbeaffectedinthesubscriptionsessiononlyforthedurationfrom02:00(UTC)Sept14to02:00(UTC)Sept16,2022.TradingandredemptionoftheseETPproductswillfunctionnormally.Note:Airdrops,ifanyoccur,willnotapplytotheseETPproducts.DualInvestmentofETHwillnotbeaffected.AnyuncompletedETHdualinvestmentordersduringthehardforkwillhavetheirpurchaseamountsrecordedinsnapshots.Airdrops,ifanyoccur,willbecreditedtoyouraccountsafterthehardforkends.HuobiEarnproductsonETHarebeunaffectedineithersubscriptionorredemption.?

数据：20000枚ETH从Huobi转移到Binance:金色财经报道，WhaleAlert数据显示，20,000枚ETH（价值约35,199,516美元）从Huobi转移到Binance。[2022/9/11 13:23:00]

4.PossiblescenariosregardingtheMergeTherearetwopossiblescenariosregardingtheMerge:

1).Nonewtokeniscreated:HuobiGlobalwillconfirmthestabilityandsecurityoftheEthereummainnetbeforerecoveringthedeposit,withdrawal,marginloan,andcryptoloanservicesforETH.Wewillmakeanotherannouncementandletyouknowtheexacttimeforthismatter.

2).Thenetworkforksintotwocompetingchainsandanewtokeniscreated:ThenthesymbolETHwillbeusedintheETHPoSchain.HuobiGlobalwillthensenduserstheforkedtokensata1:1ratiobasedonETHbalancessnapshotstakenbeforetheParisupgrade(approximatelyatthemainnetblockheightof15,540,293andaround2022-09-1500:30(UTC)).Theforkedtokenswillbecreditedtousers'spotaccounts.Aspecificannouncementwillalsobepublishedtoinformourusersoftheairdropcreditingoftheforkedtoken.

5.OnBETH

Ifanewtokeniscreatedbythehardfork,itremainstobedeterminedbythenewchainwhetherBETHholderswillreceiveforkedtokensfromthenewchain.Wewillkeepyouposted.

数据：近1亿枚USDT从Huobi转入未知钱包:金色财经报道，WhaleAlert数据显示，99,999,999枚USDT（约100,158,861美元）从Huobi转移至未知钱包。[2022/9/8 13:16:34]

PleasenotethatthestakedETHcanberedeemedonlyaftertheShanghaiupgradeiscompletedonEthereum.

ThoughtheexistingsubscriptionordersforETH2.0Stakingarenotaffected,newsubscriptionapplicationswillnotbeacceptedduringtheperiodfrom00:00(UTC)Sept14to00:00(UTC)Sept16,2022.

6.Aboutairdropcreditingoftheforkedtokens

1)SpotAccount:TheairdropamountdependsonthesumofthesnapshotETHbalancesinthemainaccountandsub-accounts.

2)FiatAccount:TheairdropamountdependsonthesnapshotETHbalanceinOTCaccounts.

3)FuturesAccount:TheairdropamountdependsonthesumofsnapshotETHequitybalancesincoin-marginedfuturesaccounts(includingdeliveryandperpetual).

4)MarginAccounts:TheairdropamountdependsonthesnapshotETHequitybalancesinmarginaccounts.TheoutstandingETHdebtwillbedeductedfromthetotalETHbalancewhensnapshotsaretaken.(Forinstance,ifauserhasanoutstandingdebtof1,000ETHandtheaccountbalanceatthesnapshottimeisXETH,thentheETHequitybalancewouldappearasthedifferenceofXminus1000inthesnapshot).

Huobi将业务拓展至新西兰:6月17日消息，根据周五的一份电子邮件声明，加密货币交易所Huobi在完成新西兰金融服务提供商注册后，可在该国提供其服务。

声明称，所有交易所在向当地用户提供服务之前都必须在新西兰公司办公室（New Zealand Companies Office）注册。

总部位于新加坡的Huobi最近继续扩大其全球业务，最近收购了拉丁美洲加密货币交易所Bitex。此外该公司还计划重返美国市场。（CoinDesk）[2022/6/17 4:35:48]

5)CryptoLoansAccount:TheETHassetsusedascollateralinthecryptoloanservicewillnotcountasETHbalanceinthesnapshots.

6)HuobiEarnAccount:Theairdropamountdependsontheaccount'ssnapshotETHbalances.PleasenotethatwhethertherewillbeanairdropcreditingforthestakedETHassetsinETHforstETHdependsontheforkedchain.Wewillfollowcloselyonthismatterandkeepyouposted.

7)StrategyTradingAccount:Theairdropamountdependsontheaccount'ssnapshotETHbalances.

8)OptionsAccount:Theairdropamountdependsontheaccount'ssnapshotETHbalances.

Pleasenote:

Theforkedtokenswillbecreditedtousers'spotaccounts.Anoticewillbeannouncedtoinformusersofthecompletionoftheairdropcrediting.Asingleposition(includingopenorders)oflessthan0.003ETH,asshowninbalancesnapshots,isnotincludedintheforkedtokenairdrops.ThesnapshotbalancesdonotincludetheETHassetsthathavenotarrivedinthedestinationaccounts,areinthewithdrawalprocess,orarealreadysoldatthetimewhensnapshotsaretaken.?

Huobi 4月销毁561.5万个HT，单月销毁金额达1.04亿USDT再创历史新高:5月15日，Huobi Global 发布2021年4月份HT运营月报。4月份Huobi共销毁561.5万个HT（约10426.9万USDT），销毁金额环比3月上升54.2%，再创下历史新高。

本次销毁HT均价约18.57 USDT。HT当月流通盘通缩率约为2.22%，HT持有用户数环比3月增长约14.3%。截至2021年5月15日，HT现存总量为23426.9万个，流通总量为18501.7万个。[2021/5/15 22:06:20]

7.More

●HuobiGlobal'sexistinglistingprocessineffectapplytotheforkedtokenstoo.PleaserefertofutureHuobiofficialannouncementsregardingwhethertradingserviceswillbeopenfortheforkedtokens.

●Duetolocalregulatoryrestrictions,usersbasedinthecountries/regionsofChinaMainland,UnitedStatesofAmerica,Canada,Japan,Cuba,Iran,NorthKorea,Sudan,Syria,Venezuela,Singapore,andCrimeawillnotreceivetheforkedtokenairdrops.Formoreinformation,pleaserefertotheTermsofUserofHuobiGlobal.

HuobiGlobalwillkeepyouinformedofthelatestprogress.FormoreabouttheMerge,pleasevisitthefollowingEthereumwebsites:

·TheMerge·MainnetMergeAnnouncement?

HuobiGlobal

August28,2022

TradeonthegowithHuobiGlobalApp(iOS/Android)

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HuobiGlobalreservestherightinitssolediscretiontoamendorchangeorcancelthisannouncementatanytimeandforanyreasonswithoutpriornotice.TheaboveisforinformationpurposesonlyandHuobiGlobalmakesnorecommendationsorguaranteesinrespectofanydigitalasset,product,orpromotiononHuobiGlobal.Pricesofdigitalassetsarehighlyvolatileandtradingdigitalassetsinvolvesrisk.PleasereadourRiskRemindertexthere.

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