Odaily News Coinbase has completed its sixth acquisition this year in the form of talent acquisition (acqui-hire), introducing two core members of DeFi options protocol Opyn: CEO Andrew Leone and research director Joe Clark. The two will join Coinbase's on-chain market team and participate in the development of Verified pools and other on-chain products. Coinbase said that Leone and Clark are experienced in the DeFi field and have a deep understanding of the future development of the on-chain market. The Opyn team launched the first DeFi options protocol and developed Power Perpetuals and Squeeth products. It is worth mentioning that Opyn was sued by the CFTC in 2023 for allegedly operating an unregistered trading platform and eventually settled. This recruitment is part of Coinbase's strategy to promote the on-chain trading business. Since the beginning of this year, Coinbase has successively acquired projects or teams such as Roam, Spindl, Iron Fish team, Deribit and Liquifi. (BlockWorks)

Odaily News Opyn, a decentralized options platform, announced on X that it will soon launch the perpetual contract agreement Opyn Markets. The platform supports any asset and provides linear, stable and option-like perpetual contracts. The landing page will be launched on July 1. Earlier in March, Opyn announced on X that it would soon launch a perpetual contract agreement. It is reported that the 4 basic Perps in the agreement will be: 0-Perps, 1-Perps, 0.5-Perps and 2-Perps, which can be traded on any asset. Among them, 0-Perps will unlock 5 functions: stablecoins, lending, leveraged trading, interest rate trading stablecoins, and purchase of ERC20.

Odaily星球日报讯 去中心化期权平台 Opyn 在 X 宣布即将推出永续合约协议，据悉协议中的 4 个基本 perps 将是：0- Perps、1 -Perps、0.5-Perps 和 2-Perps，可以在任何资产上进行交易，其中 0-perp 将解锁 5 项功能：稳定币、借贷、杠杆交易、利率交易稳定币、购买 ERC20。

Odaily星球日报讯 去中心化期权平台 Opyn 在 X 平台发文表示，将推出 Alpha Drops V1.0.2 版本。根据其发布的视频，新版本或将支持更多种类的抵押品，包括 ERC-20 代币和 Uniswap LP 资产等。

Odaily News Zubin Koticha, CEO of decentralized options platform Opyn, posted on the X platform that he has resigned as CEO due to the supervision of Opyn. Zubin Koticha and Opyn co-founder Alexis Gauba are leaving the crypto space. Opyn Research Director Andrew Lwone will take over as Opyn CEO.

Odaily News Coinbase CEO Brian Armstrong posted on the X platform that the U.S. Commodity Futures Trading Commission (CFTC) should not implement enforcement actions against DeFi protocols. DeFi protocols are not financial services businesses, and the Commodity Exchange Act is unlikely to apply to them. Armstrong said he hopes these DeFi protocols will take the CFTC to court and set a precedent. The courts have proven to be more than willing to uphold the rule of law. The only result of the CFTCs actions is to push an important industry overseas. According to previous news, the US CFTC announced recent enforcement actions in the DeFi field and filed charges against three companies: Opyn, ZeroEx and Deridex. The CFTC requires Opyn, ZeroEx and Deridex to pay civil penalties of US$250,000, US$200,000 and US$100,000 respectively and cease violations. Under the settlement, the three companies agreed to pay civil penalties to avoid further legal action.

Odaily News Regarding the CFTC’s recent charges against three DeFi-related companies, Opyn, ZeroEx and Deridex, Ian McGinley, director of the CFTC’s Enforcement Department, said in a statement: “I don’t know when, DeFi operators have an idea that they are powered by smart phones. Illegal transactions facilitated by contracts will become legal transactions, but they will not. The DeFi field may be new, complex, and evolving, but the Enforcement Division will continue to evolve with it and aggressively pursue those who operate unregistered platforms that allow Americans to conduct Relevant parties in digital asset derivatives transactions.” (CryptoPotato) According to previous news on September 8, the US CFTC announced recent enforcement actions in the DeFi field and filed charges against three companies: Opyn, Inc., ZeroEx, Inc. and Deridex, Inc. . Specifically, Deridex and Opyn are accused of failing to register as a swap execution facility (SEF) or a designated contract market (DCM), failing to register as a futures commission dealer (FCM), and failing to adopt customer identification as required by the FCM Program as part of Bank Secrecy Act compliance procedures; ZeroEx, Opyn and Deridex were also accused of illegally offering leveraged and margin retail commodity trading in digital assets. The CFTC requires Opyn, ZeroEx and Deridex to pay civil penalties of US$250,000, US$200,000 and US$100,000 respectively and cease violations. Under the settlement, the three companies agreed to pay civil penalties to avoid further legal action.

1. Federal Reserve Barr: “deeply concerned” about the issuance of stablecoins without strong federal supervision; 2. Multiple whales bought a total of more than 90,000 ETH after the market fell on August 18, equivalent to approximately US$148 million; 3. French KOLs need to be certified before they can promote cryptocurrencies and other financial products; 4. Chairman of the Texas Blockchain Committee: Due to the power crisis, Bitcoin production decreased by more than 90% this week; 5. Sources: Apple acquires the rights to Michael Lewis’s new book on SBF for US$5 million; 6. ParaSpace: The first batch of 200 ParaX Medal NFTs will be airdropped on September 9 for the first 200 accounts that migrate to ParaX; 7. Mina Protocol plans to use ZK Smart The contract was introduced to the main network; 8. Telegram Bot project Banana Gun has started its first round of pre-sale, with a pre-sale fundraising limit of 800 ETH; 9. NFT video startup Glass, which has raised US$5 million, will terminate the agreement development activities; 10. U.S. SEC A response memorandum has been submitted in the Ripple case to support its interlocutory appeal motion; 11. ParaSpace released the ParaX white paper: the ecosystem covers account abstraction, meta-user interface, ParaVM, etc.; 12. The decentralized options platform Opyn has restricted use by users in the United States; 13. The zkSync ecological project Tevaera launches the NFT market Teva Market, supporting Paymaster and ONFT; 14. Ripple acquires the chartered trust company Fortress Trust; 15. The publicly hosted OP Stack testnet will be released in the next few weeks; 16. The 117th Ethereum ACDC Conference: Devnet #9 is expected to launch on September 19th.

Odaily News In response to the recent CFTC charges against Opyn, ZeroEx and Deridex, Delphi Labs general counsel Gabriel Shapiro posted on the X platform that DeFi has actually become illegal in the United States since the CFTC’s case against OokiDAO. However, the purpose of DeFi is to disintermediate, and there is no way to make DeFi comply with the mandatory intermediary system. In addition, Shapiro also warned that blockchain browsers like Etherscan may become the next target of regulations related to “DeFi interfaces”.

Odaily News The official website of Opyn, a decentralized options platform, shows that the platform has restricted use by users in the United States. Yesterday’s news, the US CFTC announced recent enforcement actions in the DeFi field and filed charges against three companies: Opyn, Inc., ZeroEx, Inc. and Deridex, Inc. Specifically, Deridex and Opyn are accused of failing to register as a swap execution facility (SEF) or a designated contract market (DCM), failing to register as a futures commission dealer (FCM), and failing to adopt customer identification as required by the FCM Program as part of Bank Secrecy Act compliance procedures; ZeroEx, Opyn and Deridex were also accused of illegally offering leveraged and margin retail commodity trading in digital assets. The CFTC ordered Opyn, ZeroEx, and Deridex to pay civil penalties of $250,000, $200,000, and $100,000, respectively, and to cease the violations. Under the settlement, the three companies agreed to pay civil penalties to avoid further legal action.