Open Exchange is built for over 20M users who currently have $20 billion of claims trapped in bankruptcy proceedings. OPNX allows individuals with no other solution to easily register their claims, then sell them directly into crypto on order-books at fair prices, or use their claim as portfolio margin.OPNX will combine the transparency of decentralized finance with the user experience of centralized finance platforms, so that traders no longer need to compromise on performance or security— allowing them to trade claims, spot and futures all on one platform, with one universal account.

Open Exchange Token

Open Exchange is an exchange where you can trade crypto and tokenize claims

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Stay updated with the latest news, social media updates, and information about %name%. Gain valuable insights into market trends and stay informed about the vibrant community discussions.

%name%: Latest News, Social Media Updates and Insights

As we usher in the festive season with the familiar jingle of bells, there’s another sound making waves in the financial world – the resounding surge of Bitcoin as it enters December at an impressive $38,000. Much like a sleigh on a snowy slope, the cryptocurrency market is gearing up for an exhilarating ride into ... Read more

CryptoPolitan

Jingle bells and BTC swells as Bitcoin enters Dec at $38K – What to expect this month

The creditors filed a Writ of Summons against OPNX’s parent company and its co-founder, Mark Lamb 

Cointelegraph

CoinFLEX creditors dissatisfied with restructuring to OPNX: Report  

FTT has emeged as the top performer on a weekly scale, due to the growing rumors of a FTX restart.

CryptoPotato

These Are Last Week’s Top Performers as Bitcoin Settles at $37K (Market Watch)

Ripple's XRP was one of the tokens that were drained from Poloniex in the recent attack. Here's how much of it was stolen.

Here’s How Much Ripple (XRP) Was Stolen in the Poloniex Attack

The hacker made off with a range of tokens across three different networks, including millions of dollars in memecoins.

Here’s What Tokens Were Stolen In The $125 Million Poloniex Hack

Mark Lamb , a fellow CoinFLEX stakeholder and founder of OPNX, has extended an offer to CoinFLEX creditors that includes 25% equity in OPNX and the distribution of 1 billion OX tokens over a 10-year period. The proposal comes after the bankruptcy of CoinFLEX in 2022, which left many stakeholders facing substantial financial losses. In […]
The post OPNX Offers CoinFLEX Creditors 25% Equity and 1 Billion OX Tokens Over 10 Years appeared first on Cryptonews.

Cryptonews

OPNX Offers CoinFLEX Creditors 25% Equity and 1 Billion OX Tokens Over 10 Years

In a revelation brought to light by an account on X (formerly Twitter) under the name “CoinFLEX Real,” allegations have emerged indicating that the founder of CoinFLEX, a derivatives exchange based in Hong Kong, along with their partners at Three Arrows Capital (3AC), have allegedly engaged in the misappropriation of creditor assets for personal gain.  […]

Bitcoinist

CoinFLEX And 3AC Founders Under Fire For Misappropriating Creditor Assets

A top crypto trader says that he is reaccumulating one Solana (SOL) ecosystem crypto and another under-the-radar altcoin. Pseudonymous trader The Flow Horse, formerly known as Cantering Clark, tells his 182,400 followers on the social media platform X that the Solana-based sports betting and online gambling platform Rollbit (RLB) and crypto claims trading and derivatives […]
The post Top Trader Says He’s Reaccumulating One Solana-Based Altcoin That’s Up Over 500% in Three Months – Here’s Why appeared first on The Daily Hodl.

The Daily Hodl

Top Trader Says He’s Reaccumulating One Solana-Based Altcoin That’s Up Over 500% in Three Months – Here’s Why

Terra Luna Classic (LUNC) finds itself grappling with a significant setback as its price takes a sharp dive. Within the span of just 24 hours, the coin experienced a 13% decline in value.  The swift sell-off, which began on August 16, triggered a cascading effect that sent LUNC’s price plummeting from its recent peg of $0.00007734 to a new low of $0.00006512. While this may appear as a dramatic swing, it echoes the bearish sentiment that has persistently lingered around the coin throughout the past month. Related Reading: Chiliz (CHZ) Empowers Smart Contracts With Upgrades – Positive Impact On Price? LUNC Battles To Maintain Essential Support For a duration exceeding three weeks, LUNC’s price showcased resilience as it managed to keep itself above a crucial support zone resting at $0.000076. This period of relative stability served as a reflection of the overarching uncertainty pervading in the market.  However, with the breach of this monthly support threshold, experts caution that the existing selling pressure could magnify significantly. This breach also carries the potential to indicate a prolonged period of downward movement for the Terra classic coin. Beyond The Surface Scrutinizing the Luna Classic community on Twitter reveals a landscape marred by internal conflicts, particularly concerning the governance protocols. Recent days have witnessed heated debates revolving around the proposed implementation of the LUNC DAO validator, which would have assumed a prominent role in leading the chain. Unfortunately, this proposal met its end, and the aftermath was telling – a substantial sell-off unfolded.  This is undeniable proof that OX DAO (Formerly known as $LUNC Dao) is trying to take over #LUNC by dumping the price. pic.twitter.com/kqtDdwIxbr — Classy 🔮 (@ClassyCrypto_) August 15, 2023 Notably, Crypto Classy, a prominent LUNC validator, alleges that the sell-off was meticulously orchestrated by the LUNC DAO itself. The assertion is that the DAO orchestrated deliberate coin sales to incite panic within the investor community, ultimately facilitating coin repurchases at lower prices – a move perceived as an attempt to gain control over the network. Impact On Price Dynamics The repercussions of these recent events reverberate through LUNC’s price dynamics. As per CoinGecko’s data, the coin currently hovers around $0.00006770. A decline of 2.4% over the past 24 hours coupled with a substantial seven-day slump of 12.5% underscores the mounting strain that the coin is grappling with. Terra Luna Classic (LUNC) is currently trading at $0.00006703. Chart: TradingView.com As the LUNC community grapples with these internal struggles, governance challenges, and potential market manipulation, the future path remains uncertain. Related Reading: Cardano Holder Resilience Tested As ADA Fends Off Bearish Onslaught Investors and stakeholders are keeping a watchful eye on the evolving situation within the LUNC ecosystem, anticipating whether Terra Luna Classic can navigate these tumultuous waters and regain its footing while working to restore trust among its dedicated supporters. (This site’s content should not be construed as investment advice. Investing involves risk. When you invest, your capital is subject to risk). Featured image from Matthias Hangst/Getty

NewsBTC

LUNC Sheds 13% Of Its Value – A Further Retreat In The Offing?

In the previous 24 hours, bearish sentiment in the Terra Classic (LUNC) market drove the price down from an intraday high of $0.0005888 to a 52-week low of $0.00006461 before finding support. At press time, LUNC was trading at $0.00007038, a 9.16% decrease from its previous closing price. LUNC’s market capitalization fell by 10.15% to […]
The post LUNC Records a 52-Week Low, Indicators Hint at Potential Trend Shift appeared first on Coin Edition.

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