Options

Options are versatile derivative instruments that give traders the right, but not the obligation, to buy (Call) or sell (Put) a digital asset at a specific strike price.Unlike futures, options offer a flexible way to hedge against "black swan" events or speculate on implied volatility. The 2026 landscape features a surge in on-chain options vaults (DOVs) and structured products that simplify complex "Greeks" for retail users. Explore this tag for insights into premium pricing, expiration cycles, and advanced strategic hedging in the decentralized derivatives market.

20264 Articles
Created: 2026/02/02 18:52
Updated: 2026/02/02 18:52
CrediX Finance Team Vanishes After $4.5M Hack, Exit Scam Suspected

CrediX Finance Team Vanishes After $4.5M Hack, Exit Scam Suspected

The team behind decentralized finance (DeFi) protocol CrediX Finance appears to have vanished following a $4.5 million exploit that drained funds from the platform, sparking widespread suspicions of an exit scam. In an August 8 alert, blockchain security firm CertiK reported that CrediX Finance’s official X account went silent, while its website has remained offline since Monday, when the exploit first occurred. Following the $4.4M exploit of @CrediX_fi , users were told a deal had been struck with the attacker and funds would be returned within 24–48 hours. But now it seems the team has vanished. 🔇 The X account is inactive 🕸️ Website has been offline since Aug 4 But our Watchtower… pic.twitter.com/71jwscWPXq — Blockscope (@BlockscopeCo) August 8, 2025 The company’s official Telegram channel has also vanished without any additional communications. Security Expert Warns of Exit Scam Tactics from CrediX Finance The hack unfolded dramatically when attackers gained administrative control of the project’s multisig wallet on August 4, exploiting bridge privileges to mint unbacked collateral tokens. On August 5, in what is now a deleted X post , CrediX Finance reassured the community that it had successfully negotiated with the exploiter to return the stolen funds within two days in exchange for payment from the protocol’s treasury. CrediX immediately took its website offline to prevent additional user deposits while instructing existing users to withdraw funds directly through smart contracts. The company also pledged to reimburse users for lost funds through an airdrop distribution. Speaking with Cryptonews, Circuit CEO Harry Donnelly criticized negotiation-based recovery methods, noting they are frequently employed as exit scam strategies. He emphasized that “automated threat response should be standard to ensure assets are kept out of harm’s way, rather than hoping to bargain with bad actors.” More than two days have elapsed since the promise, and the company has maintained radio silence, deleting all official accounts and leaving users without recourse or communication. Legal Action Initiated as Recovery Efforts Begin Affected users have begun exploring fund recovery options through legal channels. According to a Stability DAO Discord post shared by Sonic Maxi, there have been ongoing preparations for a formal legal report. The Stability DAO team confirmed contact with affected organizations, including Sonic Labs, Euler, Beets, and Trevee (formerly Rings Protocol). These entities plan to collaborate with authorities in recovery efforts. 🚨 https://t.co/849ff6Hm5r has gone dark. If you had funds in the @stabilitydao Metavaults, here’s what you need to know: 1️⃣ https://t.co/xumlL7Dbc7 has disappeared. Affected teams, including Sonic Labs, are working with legal + cybercrime authorities to recover funds. 2️⃣ A… pic.twitter.com/jtxiEzBjmi — tomii.sonic | $S (@bsc_tomas) August 7, 2025 “Our teams are collaborating to gather all evidence, trace the funds, and coordinate with relevant legal and cybercrime units,” the Stability DAO team stated. The DAO committed to sharing a comprehensive incident report with the community, detailing the events and recovery steps. They also revealed obtaining KYC information for two CrediX team members, which will be included in the legal filing. The organization advised users to avoid interacting with any CrediX smart contracts and announced plans for a compensation and recovery strategy for Metavault users by mid-next week. Community Reactions and Collateral Damage An on-chain analyst and co-founder of Sonic MementorBot express ed sympathy for CrediX victims while criticizing their trust in unrealistically high APR promises from lending vaults. “Metavaults are always risky. Exploiter sent funds to Tornado instead of returning,” the analyst observed. The multi-chain yield-bearing protocol Trevee also joined to reveal that the CrediX hack indirectly impacted its operations through a $1.6 million scUSD loan to Stability’s metaUSD, which became fully exposed to CrediX following a bank run. Similar to other users attracted by high APY and favorable borrowing rates, Trevee believed metaUSD was secure due to its associated 87% loan-to-value (LTV) ratio. https://t.co/SWI64Bg0gL — Trevee (Prev. Rings Protocol) (@Trevee_xyz) August 8, 2025 The team reported reducing its exposure to over $700,000 but expressed frustration that “the Credix team has since deleted their accounts, abandoning the project and denying all responsibility.” Trevee promised to develop fund recovery plans addressing the shortfall and committed to updating affected users promptly. CrediX operated as a lending protocol employing an innovative credit scoring model designed for emerging markets, specializing in projects utilizing stablecoin payment platforms.

Author: CryptoNews
Weekly Crypto Regulation Roundup: Trump Backs Crypto in 401(K) Accounts, and SEC Embraces Liquid Staking

Weekly Crypto Regulation Roundup: Trump Backs Crypto in 401(K) Accounts, and SEC Embraces Liquid Staking

This week marked further progress in the U.S. crypto regulation environment, with President Donald Trump’s administration making moves in favor of digital assets and the Securities and Exchange Commission (SEC) clarifying the legality of liquid staking products. Trump Pushes for Crypto in 401(k) Retirement Accounts President Trump on Thursday signed an executive order that could reshape the future of American retirement savings. The directive urges regulators to identify and remove barriers preventing employers from offering alternative assets—such as cryptocurrencies, private equity, and real estate—in workplace retirement plans known as 401(k)s. The move is part of a broader agenda to diversify investment options for American savers, especially amid inflation concerns and dissatisfaction with traditional pension plans. While the order doesn’t immediately change existing rules, it instructs regulatory bodies, including the Department of Labor and the Treasury, to re-evaluate current restrictions and recommend reforms. By targeting 401(k) limitations, Trump is pushing crypto regulation into mainstream financial planning. If fully implemented, the policy could allow millions of Americans to allocate retirement funds to Bitcoin and other digital assets through regulated channels, effectively legitimizing crypto as a long-term wealth vehicle. Pro-Crypto Economist Stephen Miran Nominated to Fed Board Alongside the retirement reform, Trump announced the nomination of economist Stephen Miran to the Federal Reserve Board of Governors. Miran, who currently serves as chair of the Council of Economic Advisers, is widely viewed as supportive of digital assets and financial innovation. United States Securities and Exchange Commission (SEC) head Paul Atkins doubled down on his commitment to ensuring the next wave of “financial innovation” happens on American soil in an August 4 X post.Paul Atkins Reaffirms U.S. Commitmen… https://t.co/YFYyHDJze2 — Cryptonews.com (@cryptonews) August 4, 2025 Trump made the announcement via Truth Social, stating that Miran will fill the seat vacated by Adriana Kugler, a Biden appointee who recently resigned. Although Miran’s term will run only through January 2026, the decision is being interpreted by analysts as a sign of continuity in Trump’s evolving pro-crypto stance. The news coincided with Bitcoin’s rise back above $117,000—a symbolic reminder of the strong link between crypto markets and policy developments. With Miran on the Fed Board, crypto-friendly monetary policy views could find firmer footing at the U.S. central bank. Association Hails Trump’s Exec Orders as ‘Historic Shift’ Trump’s twin executive orders also drew praise from crypto industry leaders. Summer Mersinger, CEO of the Blockchain Association, called the actions “a historic shift in how the U.S. treats digital assets and the innovators building in this space.” The second order, signed alongside the 401(k) directive, seeks to end the controversial practice of “debanking”—where financial institutions deny services to lawful crypto firms based on perceived reputational risk. The order penalizes banks that discriminate against crypto clients without due cause, a move that could ease operational burdens for blockchain startups and exchanges. Mersinger stated that the executive orders are not only pro-business but also reinforce consumer rights. “Allowing Americans to include regulated, diversified crypto exposure in their retirement accounts expands consumer choice and empowers individuals to responsibly build wealth,” she said. SEC Clarifies Liquid Staking Is Not a Securities Transaction While the executive branch took the spotlight this week, the SEC also made waves by clarifying its stance on liquid staking, a long-awaited issue for the DeFi sector amid crypto regulation concerns. United States Securities and Exchange Commission (SEC) head Paul Atkins doubled down on his commitment to ensuring the next wave of “financial innovation” happens on American soil in an August 4 X post.Paul Atkins Reaffirms U.S. Commitmen… https://t.co/YFYyHDJze2 — Cryptonews.com (@cryptonews) August 4, 2025 In a statement released Tuesday, the SEC’s Division of Corporation Finance explained that certain types of liquid staking models, particularly those involving receipt tokens like Lido’s stETH, do not qualify as securities. This means platforms can offer these services without registering them under securities law, easing fears of regulatory crackdowns. Jason Gottlieb, a partner at Morrison Cohen, welcomed the move, noting that the SEC appears to be maturing in its understanding of crypto mechanics. “At heart, a liquid staking token is just a receipt on a token,” he said. “With the SEC now correctly taking the position that cryptocurrency tokens themselves are not securities, it makes sense that a receipt for a token is not a receipt for a security.” The guidance is expected to boost institutional confidence in liquid staking and may pave the way for regulated DeFi investment products in the U.S. market. SEC Chair Vows to Keep Crypto Development on U.S. Soil Rounding out the week’s crypto regulation developments, newly appointed SEC Chair Paul Atkins reaffirmed his commitment to ensuring crypto innovation happens in the United States. United States Securities and Exchange Commission (SEC) head Paul Atkins doubled down on his commitment to ensuring the next wave of “financial innovation” happens on American soil in an August 4 X post.Paul Atkins Reaffirms U.S. Commitmen… https://t.co/YFYyHDJze2 — Cryptonews.com (@cryptonews) August 4, 2025 In remarks delivered at the America First Policy Institute and later posted on his official X account, Atkins said the SEC under his leadership will be “proactive, not reactive” in building a crypto-friendly regulatory environment. “The SEC will not stand idly by and watch innovations develop overseas while our capital markets remain stagnant,” he said, framing the agency’s future agenda as a bid to reclaim U.S. leadership in digital finance. Atkins’ comments build on a broader shift in tone at the SEC, where officials appear increasingly open to working with the crypto industry rather than policing it through enforcement alone. From Washington to Wall Street, this week shows a growing political will to integrate digital assets into the mainstream financial system. Trump’s executive orders, along with regulatory signs from the SEC, suggest a more constructive environment for both crypto firms and investors heading into the second half of 2025.

Author: CryptoNews
Trump Executive Order Opens $8.7 Trillion 401(k) Pension Market To Crypto

Trump Executive Order Opens $8.7 Trillion 401(k) Pension Market To Crypto

US President Donald Trump has signed a new executive order that will open the $8.7 trillion 401(k) retirement fund market to crypto and other alternative assets. Signed yesterday, the order

Author: Insidebitcoins
Brokers are losing clients by ignoring cryptocurrencies | Opinion

Brokers are losing clients by ignoring cryptocurrencies | Opinion

Brokers that adapt now will earn long-term loyalty. Those who continue to resist will watch their clients leave them.

Author: Crypto.news
SolMining Launches XRP (5-40 Days) Smart Contract to Maximize Your Passive Income

SolMining Launches XRP (5-40 Days) Smart Contract to Maximize Your Passive Income

In the middle of rising crypto momentum and the renewed push for passive income tools, SolMining has just made its boldest move yet – launching a new line of XRP-powered smart contracts designed to help everyday users start mining Dogecoin, Bitcoin, and Litecoin without any hardware or setup . And here’s the kicker: New users get a $15 bonus just for signing up. This isn’t some complicated DeFi scheme. SolMining has stripped out the complexity, the noise, and the equipment costs – offering clean, short-term mining contracts powered by green energy and backed by real infrastructure across Kazakhstan, Canada, and Norway. Why XRP-Powered Mining Contracts Are a Game-Changer For years, XRP holders have been stuck with one of two options: hold and wait… or trade and risk. But now, there’s a third path – activate idle XRP and generate stable, daily returns by deploying it into cloud-based mining contracts. Here’s how it works: You fund your account using XRP (or SOL, BTC, USDT, etc.) Choose a smart contract (starting from as low as $15, can be purchased with bonus) Start earning automatically – no hardware, no noise, no stress It’s crypto mining without the headaches. Real Contracts, Real Returns – All Backed by SolMining’s Global Infrastructure SolMining isn’t a new player. Founded in 2017 and based in the UK, it manages over 600,000 mining machine clusters and operates 2 GW of clean-energy capacity worldwide. That includes: 700 MW plant in Kazakhstan (air + immersion cooling) 1 GW site in Canada (full immersion tech) 60 MW facility in Norway (eco-friendly air cooling) These data centers mine in real time, and when you activate a contract, your share of the hash power begins mining immediately. What Makes the Contracts So Attractive? These contracts are tailored for short-term gains, meaning users don’t have to lock up their funds for months. Every 24 hours, profits are automatically settled and added to your balance. You can withdraw at any time. (Free Contract) Principal: $15, 1-day term, Fixed return: $15.50 (Trial Contract) Principal: $100, 2-day term, Fixed return: $107 (Standard Contract) Principal: $1,500, 15-day term, Fixed return: $1,687.50 (Classic Contract) Principal: $3,000, 20-day term, Fixed return: $3,786 (Premium Contract) Principal: $9,000, 30-day term, Fixed return: $13,050 (Super Contract) Principal: $55,000, 40-day term, Fixed return: $92,400 All plans include principal protection. At the end of the term, your original XRP is returned, along with the profit. Green Energy = Sustainable Yield SolMining doesn’t just promise returns – it backs them with clean, renewable energy sources, including: Hydropower Geothermal Solar Wind This isn’t just good for the environment – it lowers operational costs, which translates to better yields for users. Why XRP and ADA Whales Are Quietly Flocking In Over the past 60 days, internal data shows an uptick in whale accounts shifting large XRP holdings into mining contracts, often earning $10,000+ per day across VIP tiers. SolMining’s VIP reward structure offers extra interest boosts and cash bonuses for high-volume investors. But even small players can start earning from Day One – no pressure, no lock-in. Your First Step: Register and Claim $15 Ready to see it in action? SolMining is giving new users a $15 bonus to try cloud mining with zero upfront risk. It takes less than a minute to register, and once you activate a contract, your earnings begin immediately. 👉 Click here to register and claim your free bonus Final Take Whether you’re holding XRP, SOL, or DOGE… don’t just let it sit. SolMining offers an easy, low-risk way to generate daily passive income using idle crypto assets. You don’t need a miner or a degree in blockchain. You just need 60 seconds and an XRP wallet. Start mining. Start earning. Powered by clean energy, backed by real infrastructure. Ready to put your XRP to work? Sign up now at SolMining.com and activate your free $15 mining contract.

Author: CryptoNews
VanEck: Deflationary Mechanisms May Help Ethereum Overtake Bitcoin in Value Storage

VanEck: Deflationary Mechanisms May Help Ethereum Overtake Bitcoin in Value Storage

Source: Cryptoslate Compiled by: Blockchain Knight Analysts at VanEck say Ethereum is steadily becoming a stronger rival to Bitcoin in the race for store-of-value dominance. The driving force behind this

Author: PANews
Vitalik Buterin backs Ethereum treasury firms but warns of leverage risks

Vitalik Buterin backs Ethereum treasury firms but warns of leverage risks

Ethereum co-founder Vitalik Buterin has voiced support for public companies holding Ether as part of their treasuries, while cautioning against the dangers of excessive borrowing.  Speaking in a Bankless podcast interview on Aug. 7, Buterin said that so-called Ethereum (ETH)…

Author: Crypto.news
Vitalik says he supports an “Ethereum Reserve Company” but warns against over-leveraging

Vitalik says he supports an “Ethereum Reserve Company” but warns against over-leveraging

PANews reported on August 8th that according to Cointelegraph, Ethereum co-founder Vitalik Buterin expressed support for the "Ethereum Reserve Company" in an interview on the Bankless podcast, while also issuing

Author: PANews
Euphoria, a crypto derivatives trading app based on MegaETH, has secured $7.5 million in seed funding.

Euphoria, a crypto derivatives trading app based on MegaETH, has secured $7.5 million in seed funding.

PANews reported on August 8th that Euphoria, a MegaETH-based crypto derivatives trading application, announced the completion of a $7.5 million seed round, comprised of a $2.5 million pre-seed round in

Author: PANews
GMO Miner Allows XRP Holders to Earn $6,800 a Day – GMO Miner Launches XRP Mining Contracts

GMO Miner Allows XRP Holders to Earn $6,800 a Day – GMO Miner Launches XRP Mining Contracts

On-chain data shows that a single institutional address purchased 60 million XRP in 24 hours, with a total transaction volume exceeding $180 million, attracting growing market attention. XRP has long been considered an ideal payment tool due to its fast transfer speed and low fees. However, for many holders, simply focusing on price fluctuations is insufficient; ensuring stable returns throughout the asset’s lifecycle is becoming a new priority. XRP is more than just a payment tool; it can also generate passive income. GMO Miner has launched a cloud mining reward contract that supports XRP payments. Users simply hold XRP and activate computing power; no further operation or equipment is required. The system automatically settles profits daily, allowing your previously idle XRP to generate income every day. Unique Features of the Platform Multi-currency Compatibility: Supports direct deposits and withdrawals of major cryptocurrencies such as XRP, BTC, DOGE, USDT, USDC, LTC, and BNB. Zero Entry Requirements: No mining hardware or complex configuration required. New users can register and receive a $15 bonus, making it easy to participate in mining. Automatic Daily Income: Income is automatically settled daily, with transparent details that users can view at any time in the backend. Flexible Contract Options: A variety of terms and amounts are available to meet different budgets and income requirements. Fully Secure: Built-in wallet isolation, multiple encryption methods, and transparent settlements ensure the safety of your funds and account. How to Get Started with GMO Miner Visit GMO Miner and create your account – receive a $15 bonus . Securely connect your digital wallet. Select a mining contract that suits your budget and term. Start mining – your earnings are paid daily. Referral Rewards: Enjoy the most rewarding affiliate program (3% + 1.5%), referral commissions, and bonuses up to $21,000. Some Contract Examples Beginner Experience Plan Investment: $100 | Period: 2 days | Daily income: $3.5 | Total net profit: $100 + $7 Antminer AL1 Investment: $1100 | Period: 12 days | Daily income: $14.41 | Total net profit: $1100 + $172.92 Antminer S21+ Investment: $5000| Period: 35days | Daily income: $76| Total net profit: $5000 + $2660 Antminer S21 XR Imm Investment: $8000 | Period: 30days | Daily income: $129.6 | Total net profit: $8000+ $3888 Antminer On-rack Investment: $12000 | Period: 40 days | Daily income: $201.6 | Total net profit: $12,000 + $8,064 ANTSPACE HK3 V6 Investment amount: $30,000 | Period: 45 days | Daily income: $534.00 | Total net profit: $30,000 + $24,030 For more new contracts, please visit the official GMO Miner platform website . After purchasing a contract, your profits are guaranteed and automatically credited to your account every 24 hours. Upon contract expiration, your principal will be fully returned. You can withdraw or reinvest at any time, allowing you to compound your profits. GMO Miner Marketing Director GAIGER Samuel Joseph said: “We believe the value of crypto assets should be reflected in more than just price fluctuations. Our goal is to encourage more people to truly participate and enable them to earn stable daily returns through simple means, without relying on speculation.” Security and Sustainability In the world of mining, trust and security are paramount. GMO Miner understands this and prioritizes user safety. GMO Miner is committed to transparency and legality, ensuring your investment is protected, allowing you to focus on profit. All mining farm energy consumption is provided by renewable energy, making cloud mining carbon-neutral. Renewable energy protects the environment from pollution, delivers exceptional returns, and allows every investor to enjoy opportunities and benefits. Looking to the Future With the continued development of blockchain technology and the gradual acceptance of crypto assets in mainstream finance, the application scenarios of digital currencies like XRP will become more extensive, and their value will no longer be limited to price fluctuations. Innovative platforms like GMO Miner have the potential to drive the evolution of crypto assets into “savings” assets, allowing more users to achieve stable returns while ensuring security and convenience. In the future, as users’ understanding of asset allocation and passive income grows, digital currency cloud mining will become a new way for more people to participate in the digital economy and achieve financial growth, injecting more long-term value and sustainability into the entire crypto ecosystem. Whether you are a novice or an experienced user, GMO Miner welcomes everyone from around the world to participate. For more information, please visit the GMO Miner official website: https://www.gmominer.com Or contact us via email: info@gmominer.com

Author: CryptoNews