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Dubai's VARA Cracks Down On Crypto Exchange OPNX, Fines Company, Founders $2.8M
Wednesday, August 16, 2023 - 2:24pm | 428Dubai's Virtual Assets Regulatory Authority (VARA) imposed a hefty fine of nearly $2.8 million on cryptocurrency exchange OPNX and its founders. OPNX, established by Kyle Davies and Su Zhu, the minds behind the unsuccessful hedge fund Three Arrows Capital (3AC), had previously faced VARA's...
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Post-Bankruptcy Pivot: 3AC's Su Zhu And Kyle Davies Launch Exchange For Insolvent Crypto Firms' Claims
Tuesday, April 4, 2023 - 4:34pm | 418Open Exchange (OPNX), a crypto-focused exchange that offers to trade claims of bankrupt cryptocurrency companies, has officially launched, according to a tweet by CEO Leslie Lamb. OPNX provides a platform for trading claims related to crypto exchange bankruptcies, with a claimed market value of $20...
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3AC Founders Announces Launch Of New Cryptocurrency Exchange
Thursday, February 9, 2023 - 5:46pm | 308Founders of the beleaguered crypto lending and borrowing firm Three Arrows Capital (3AC) Su Zhu and Kyle Davies announced on Thursday the launch of the "world's first public marketplace for crypto claims trading and derivatives.” The 3AC founders partnered with...
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CoinFLEX Retracts FTX-Like Name For Crypto Exchange Project After Online Backlash
Monday, January 16, 2023 - 11:54pm | 309CoinFLEX said that it will not bear the name GTX after the project received intense mockery on social media due to its name resembling the now-defunct FTX. What Happened: Su Zhu and Kyle Davies, the founders of the now defunct Three Arrows Capital (3AC...
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Exclusive: CoinFLEX CEO On 'Bitcoin Jesus' Roger Ver, Debt And Exchange Withdrawal Freeze
Thursday, July 7, 2022 - 6:34pm | 493In the second half of Benzinga’s latest “Moon or Bust”crypto livestream hosts Ryan McNamara and Aaron Bry interviewed Mark Lamb, co-founder and CEO of CoinFLEX, a company committed to providing institutions and retail investors an easily accessible platform to...
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Crypto Exchange Reveals 'Bitcoin Jesus' Roger Ver Owes It $47M: What Next?
Tuesday, June 28, 2022 - 11:01pm | 649CoinFLEX CEO Mark Lamb has publicly revealed that Roger Ver is the high net worth client who owes the cryptocurrency exchange $47 million. What Happened: In a series of tweets on Tuesday, Lamb said that Ver owes $47 million worth of USDC. He had a long track record of previously topping up...
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Big Name Investor Leaves CoinFLEX In The Dark: Will Recovery Value USD Save The Innovative Trading Platform?
Tuesday, June 28, 2022 - 3:03pm | 577After a major investor failed to repay debt, CoinFLEX has been left in the dark with negative equity and angry investors. CoinFLEX is a crypto trading platform that introduced a new way to trade crypto. Its stablecoin flexUSD allows investors to earn interest on the base level...
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CoinFLEX, Crypto Yield Platform And Futures Exchange, Halts All Withdrawals
Thursday, June 23, 2022 - 4:21pm | 296CoinFLEX said Thursday it will pause all withdrawals from the platform. Here's what you need to know. The Latest Withdrawal Freeze: CoinFLEX is a crypto yield platform and futures exchange. The platform serves as a cryptocurrency wallet, an adaptive investment portfolio providing...
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Litquidity, Crypto Derivatives Exchange CoinFLEX Ink $1.5M Content Partnership
Thursday, February 17, 2022 - 10:00am | 695Litquidity, a brand with the goal of disrupting traditional finance media, announced a one-year partnership Thursday with CoinFLEX, a crypto derivatives exchange and yield platform expanding to the Americas. As part of the development, Litquidity’s anonymous founder “Lit...
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What To Know About Crypto Yield 2.0 And CoinFLEX's New AMM+
Friday, January 28, 2022 - 10:00am | 1053This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice. CoinFLEX, a leading derivatives exchange and yield platform, has announced the second iteration of their innovative AMM+ (Automated Market Maker) platform...
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CoinFLEX Announces Play-to-Earn 'AMM+ Arena' Campaign
Monday, October 18, 2021 - 9:00am | 1067The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Automated Market Makers (AMMs) have seen tremendous growth in the last 18 months as a powerful way to earn yield in decentralized finance...
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CoinFLEX Releases its Major Milestones Announcements of 2021
Wednesday, September 8, 2021 - 8:57am | 1262The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Trading Volume All Time Highs Since early August, CoinFLEX has seen a tremendous increase in trading activity, climbing to a staggering...
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CoinFLEX Moves Towards Decentralization with Chainlink Integration
Wednesday, August 11, 2021 - 10:50am | 1193The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. In their newly released whitepaper, crypto futures exchange CoinFLEX made a bold stance showing that they have learned from the success of...
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Deribit Increases Access To BTC, ETH Derivatives With Trading Technologies Partnership
Wednesday, January 15, 2020 - 2:06pm | 270Deribit, a cryptocurrency derivatives exchange based in Amsterdam, formally launched connectivity with Trading Technologies International, Inc. (TT), a provider of trading software, infrastructure and data solutions. As part of the development, Deribit users now have access, through the TT...