OKEx Confirms $9 Million Clawback After ‘Enormous’ Bitcoin Future Fails
After a user made an "enormous" gamble on bitcoin futures, and lost, OKEx said it is having to claw back millions from other traders.
Venture capital firms Polychain and Digital Currency Group have invested an undisclosed sum in cryptocurrency futures exchange CoinFLEX.
Stock exchange operator Nasdaq is sticking with plans to launch bitcoin futures contracts early next year, say Bloomberg sources.
For the first time, investors can trade gold-backed futures contracts on a leading crypto derivatives exchange. In addition to its spot market trading, PAX Gold is now available as perpetual and quarterly futures contracts on FTX.
OKEx has pushed back against allegations made by a trading firm over its forced settlement of bitcoin cash futures contracts last week.
Intercontinental Exchange, owner of the New York Stock Exchange, says it plans to launch a digital assets platform and bitcoin futures product.