OPNX Crypto Exchange Shutdown Urges Immediate User Action

OPNX, a platform known for trading bankruptcy claims and crypto exchange services, has announced its impending closure. According to a recent communication by the company, operations at OPNX.com will officially terminate by February 14, 2024. 

The company, co-founded by the individuals behind the unsuccessful hedge fund Three Arrows Capital, has advised its users to conclude all trading activities by February 7 and to withdraw all funds before the shutdown date.OPNX has issued an urgent notice to its exchange users, emphasizing the importance of settling positions and retrieving funds in a timely manner. 

Following February 14, the platform will disable all withdrawal functionalities, leaving users no means to access their assets on OPNX. This move has raised concerns among the platform’s users, urging them to act swiftly to secure their investments.

The announcement has dramatically affected the market value of OPNX’s native OX token, witnessing a steep decline. Data from CoinGecko reveals that the price of the OX token dropped by 38%, from $0.01 to $0.006, within an hour.

Read More

2024-02-02 05:24