FLEX Coin News

The crypto exchange launched by the founders of bankrupt crypto hedge fund Three Arrows Capital (3AC) is closing down. 

Recovery from the crypto winter is proceeding, but Hodlnaut won’t survive it. A sealed court order in Singapore appears to spell its doom.

Roger Ver is taking legal action against Matrixport over a $8 million crypto dispute.

Hodlnauts trial intensifies as interim managers reject a $30 million takeover offer from OPNX citing various factors.

The interim judicial managers of Hodlnaut, the embattled crypto lender, have opposed the proposed terms of a takeover bid made by OPNX, a digital asset exchange platform. OPNX was created by the founders of Three Arrows Capital, a failed hedge fund....

Hodlnauts $30 million acquisition by OPNX exchange is facing challenges due to concerns over the illiquidity and speculative nature of FLEX tokens used to fund the deal. The post Crypto Lender Hodlnaut’s OPNX Exchange Acquisition Hits Roadblocks...

The interim judicial managers of Hodlnaut argued that the $30 million offer of FLEX tokens is “illiquid” and has “speculative value.”

Todays top gainer is Bone ShibaSwap with a +4.59% price increase. Bitcoin down by -0.88% in the last 24 hours. The coin of the day is FLEX Coin. The total market cap decreased by -1.04%.

Bitcoin is trying to make a move above $29K but has so far been unsuccessful, unlike a few altcoins.

OPNX Exchange has offered $30 million in FLEX tokens to acquire a 75% stake in crypto lender Hodlnaut. The post OPNX Exchange Offers $30 Million to Bail out Crypto Lender Hodlnaut appeared first on BeInCrypto.