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Tag: Coinflex

3AC Founders’ OPNX Bids $30 Million FLEX Tokens for Hodlnaut

The proposed capital injection would fund partial creditor recoveries and leave OPNX with a 75% stake in the troubled crypto lender. ...

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FTX to Sell LedgerX for $50 Million to Miami Exchange Owner

The FTX debtors have finalized a deal to sell crypto derivatives exchange LedgerX to the winning bidder of a bankruptcy auction. Bankrupt crypto...

3AC Founder’s OPNX Exchange Goes Live

The failure of a $10 billion crypto hedge fund and Twitter-served subpoenas hasn’t stopped 3AC founders Kylie Davies and Su Zhu from launching...

OPNX Exchange, Which Offers FTX Claims Trading, Led by Three Arrows Founders is Now Live

Zhu Su and Kyle Davies, the founders of bankrupt hedge fund Three Arrows Capital, last month teamed with the co-founders of troubled crypto exchange...

3AC co-founder can answer subpoena or ‘take his chances’ — US judge

Kyle Davies, the co-founder of bankrupt crypto hedge fund Three Arrows Capital, has been ordered to answer the subpoena issued to him in January...

3AC Founders Raise $25 Million for New Bankruptcy Claims Exchange

The founders of defunct crypto hedge fund Three Arrows Capital (3AC) have successfully raised funds for their new venture.On Tuesday, DeFi researcher Ignas shared...

3AC Founders’ Open Exchange Completes Its $25 Million Fundraise

The highly controversial “Open Exchange” (OPNX) headed by once-failed Crypto CEOs has reached its fundraising goal of $25 million – though the founders...

Does Blockchain.com Owe CoinFLEX Nearly $4.3M in FLEX tokens?

Join Our Telegram channel to stay up to date on breaking news coverage Online publication Decrypt reports that cryptocurrency exchange CoinFLEX claims it gave the...

NFTs belonging to bankrupt hedge fund to be sold by liquidators

According to a recent statement, the nonfungible tokens (NFTs) that belonged to the failed hedge firm Three Arrows Capital (3AC) would be liquidated by...

Onchain: SEC Krak-down, 3AC founders back at it, and NFT Super Bowl ad confusion

Story OneSEC is forcing Kraken to shut down its staking serviceThe SEC's new year resolution must have been going down hard on crypto. The...

Highly Criticized ‘GTX’ Startup Officially Announced as ‘Open Exchange’

Disgraced crypto VC Zhu Su has officially announced his next project: “Open Exchange” – a crypto marketplace for claims and derivatives trading.  The company...

Despite Recent Market Revival, These Crypto Companies Dismissed More Employees

The prolonged bear market reduced the interest in cryptocurrencies and hampered the operations of numerous industry players. Some leading exchanges, including Coinbase, Crypto.com,...

Bitcoin Cash advocate Roger Ver sued for $20.8 million

An affiliate of the cryptocurrency loan company Genesis has filed a lawsuit against the Bitcoin Cash (BCH) supporter Roger Ver for unresolved crypto options...

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