Opium Raises $3.3M to Make Exotic Crypto Derivatives Available to All

America’s largest crypto exchange announced it has acquired derivatives exchange FairX and plans to begin offering derivatives trading to US customers in the future. Major U.S. crypto exchange Coinbase, the third largest in the world by 24 hour volume, intends to enter the derivatives trading markets, having acquired the FairX derivatives exchange.FairX is a Designated Contract Market (DCM) derivatives exchange regulated by the Commodity Futures Trading Commission (CFTC). Despite being relatively new to the market, having launched in May 2021, FairX has secured brokerage partnerships with....

Exciting beginning of the week for one of the crypto industry’s richest, CEO Sam Bankman-Fried. His derivatives exchange FTX announced $900 million in a Series B fundraising effort. That raises its profile even more. And its value, which is now a whopping $18B, and was $1.2B a year ago. And what a year it’s been. […]

The infamous Joseph Maldonado, aka “Joe Exotic,” from the docuseries “Tiger King: Murder, Mayhem and Madness,” has launched his own Ethereum-based token. According to the website tiger-king.org, the project will also feature non-fungible tokens (NFTs) and the proceeds from NFT sales will go toward helping Joe Exotic’s legal defense team and tiger rescue funding. ‘Tiger King’ Joe Exotic Launches an ERC20 Token The costar of the docuseries “Tiger King” has announced the launch of a new crypto asset called “TKING,” according to....

Have a lot of bitcoin and looking to take a super-car out for a spin? If you're in the Miami or Fort Lauderdale area, you now have your chance. Miami Exotic Car Rentals announced today that they're now accepting bitcoin payments for the rental of exotic, luxury, and performance vehicles - making it the first in the world to do so. The move could potentially be beneficial for the company's international customers, who will no longer need to deal with the hassle of converting their currency to U. S. dollars and dealing with exchange rates. Rentals range from $200 - $2,000 daily (obviously....

Nasdaq-listed cryptocurrency exchange Coinbase has acquired a regulated derivatives trading platform. Coinbase plans to make the derivatives market more approachable to millions of its retail customers. Coinbase Plans to Offer Crypto Derivatives to All US Customers Nasdaq-listed crypto exchange operator Coinbase announced Wednesday that it has acquired....