OPNX has obtained a virtual asset service provider license in Lithuania, allowing it to provide spot crypto exchange services throughout the European Union. The license requires the exchange to adhere to the EU's highest compliance and security standards, and OPNX has implemented a robust KYC/AML system to ensure compliance.
November 8, 2023
OPNX has generated a considerable amount of noise since its launch in April. But initially, the noise wasn’t very positive. Many users were quick to discredit the tokenized bankruptcy claims platform due to its ties to 3AC founders, Kyle Davies and Su Zhu. It seemed the initial outcry may have had a substantial impact.
August 10, 2023
In the realm of cryptocurrency, the failure of individuals often stems from a lack of diligent research and a propensity to be swayed by hype and promotional campaigns. The ability to “Do Your Own Research” (DYOR) is a crucial skill that every participant in the crypto space must invest time in and master.
July 28, 2023
Crypto exchange Open Exchange (OPNX) is thrilled to announce its sponsorship of the popular crypto live-streaming Youtube channel, Crypto Banter. The showcase saw host Ran Neuner mention OPNX’s suite of crypto derivatives and claims offerings.
July 27, 2023
Crypto platform Open Exchange (OPNX) has partnered with UFC champion Khabib Nurmagomedov and Magomed Kurbaitaev’s new sports metaverse, Gameplan. The dynamic partnership will give fans an all-in-one destination for events, gaming, shopping, and interactions with their sports idols.
July 25, 2023
OPNX, an exchange dedicated to the trading of bankruptcy claims against fallen crypto firms, has listed FTX and Celsius claims. According to the July 14 announcement, FTX claims specifically can be immediately onboarded and converted into collateral in the form of OPNX’s native reborn OX (reOX) tokens or oUSD
July 14, 2023
Open Exchange (OPNX), the new crypto derivatives and claims trading marketplace, has expanded its marketplace to include FTX claims. Holders of FTX bankruptcy claims now have the ability to unlock liquidity by selling claims or converting them to collateral to trade crypto futures.
July 14, 2023
Open Exchange (OPNX), a new crypto derivatives and claims trading marketplace, has expanded its platform to include FTX claims. This move is set to provide holders of FTX bankruptcy claims with the opportunity to unlock their locked liquidity by selling the claims or turning them into collateral
July 14, 2023
Users who held assets on bankrupt crypto exchange FTX and lender Celsius Network can now trade their claims on the Open Exchange (OPNX), according to a press release. FTX owes as much as $8 billion to customers after it collapsed it November in an event that caused a widespread crypto market downturn.
July 14, 2023
Open Exchange is now offering trading of bankruptcy claims held by customers of FTX and Celsius. The bankruptcy claims trading platform is offering immediate liquidity to stranded claims holders. OPNX recently partnered with Hong Kong Digital Asset Exchange and received a license in Spain.
July 14, 2023
OPNX CEO Leslie Lamb is featured on IBTimes. This article shines attention on outstanding accomplishments and celebrates the significant efforts of crypto queens who have played a crucial role in the development of the crypto sector. These innovative women have persistently worked toward laying a strong basis
July 14, 2023
Crypto futures exchange OPNX has launched a credit currency for margin trading, according to a July 5 statement made to Cointelegraph from the exchange’s co-founder, Mark Lamb. Called “oUSD,” the currency is available in its “phase 1” iteration, meaning that users cannot receive it without depositing
July 5, 2023
OPNX has been proving that there is no rest for the wicked with their slew of new innovative products that have been released over the last few weeks. The exchange recently launched OX, its new native ecosystem token. OX incorporates a dynamically adjusting staking fee model and has gained significant traction
June 29, 2023
2022 wasn't exactly the best year for the crypto industry. With numerous crashes, bankruptcies, and lost funds, its reputation has become rather notorious. It saw the capitulation of platforms and institutions across the board from crypto banks and hedge funds to lending platforms and exchanges.
June 27, 2023
Open Exchange (OPNX) has officially added Celsius claims to its marketplace. OPNX will now accept claims from the Celsius bankruptcy proceedings through its verification and tokenization partner, Heimdall. Holders of a claim can have it turned into a tokenized asset, allowing it to be traded as a liquid asset.
June 14, 2023
Tokenization is one of the most revolutionary applications of blockchain technology. It's the idea of turning real-world assets (RWAs) into digital representations that can live on blockchains, opening a whole world of possibilities on how people interact and derive value from those RWAs.
June 6, 2023
OPNX, short for Open Exchange, has come a long way from its troubled beginnings. After going live on Tuesday, the crypto exchange – founded by coin FLEX and veterans of the now-defunct Three Arrows Capital (3AC) hedge fund – issued a new governance token or ‘Open Exchange token‘ (OX)
June 3, 2023
"The Hash" panel breaks down today's top stories shaping the crypto markets, including bankruptcy claims exchange OPNX issuing a new governance token dubbed "Open Exchange token" (OX), which is designed to reduce trading fees on the platform.
June 1, 2023