CoinFLEX Restructuring Proposal and Next Steps

Dear CoinFLEX Community, We have been eager to release a detailed update for a while. We have heard your concerns and frustrations, and thank you for your continued patience. As mentioned and hinted at in many of the Telegram community conversations, we have not been able to comment publicly due…

CoinFLEX Launches All-in-One Crypto Governance Platform with Commonwealth

CoinFLEX is excited to announce its partnership with Commonwealth to launch an all-in-one crypto governance platform for the CoinFLEX community. Commonwealth is a leading provider of crypto-native governance solutions, and their experience will be invaluable in helping CoinFLEX operate a world-class governance system. The Commonwealth governance platform provides a secure…

CoinFLEX Launches Locked Balances Trading

Dear CoinFLEX Community, From 8 AM UTC on Sunday, September 25, 2022 to 4 AM UTC on Tuesday, September 27, 2022, 168 CoinFLEX creditors participated in CoinFLEX’s first governance vote on the company’s Restructuring Proposal.  The vote was successful, with 98.63% voting in favor of the proposal. CoinFLEX will submit…

CoinFLEX Vote Token Issuance and Next Steps

Dear CoinFLEX Community, Below is an overview of the process for participating in CoinFLEX’s first governance vote: Locate your CoinFLEX vote tokens (CFV) in your CoinFLEX wallet Transfer your CFV tokens to an off-exchange wallet (i.e MetaMask) Navigate Commonwealth to discuss and comment on the proposal Cast your official vote…

CoinFLEX Delisting Update

Dear FLEXers,  We periodically review our market offerings in order to offer users the best possible experience on CoinFLEX. When certain assets no longer meet our listing standards, or the market environment has shifted significantly, these offerings may be modified or removed entirely to maintain relevant, liquid markets.  As a…

sBCH Community Q&A

Please find our responses here to questions from the SmartBCH community. Update Separate to the Questions: Below is a section quoted directly from our other recent blog post, which outlines our plans and goals for SmartBCH. SmartBCH Liability Transfer We are in advanced discussions (finalizing matters) with a group that…

CoinFLEX’s Next Steps

Many of you may have seen the Bloomberg article about our filing for restructuring or have received the notice by email.  This article elaborates on CoinFLEX’s next steps, specifically what each step depends on and our progress on each. Of course, these next steps could change.    Publishing Everything We…

The Way Forward for flexUSD

Top of mind for investors is: “What will happen to flexUSD holders after the conversion?”  Conversion, in this case, refers to our plan to convert depositors into holders of the CoinFLEX Composite, including rvUSD, FLEX, and equity in the company.  It is possible to mandate a conversion for all user…

CoinFLEX Update: July 29, 2022

In addition to regular Telegram and other social media communication, we will continue to provide the community with blog updates. Some will be brief but will include important information for ongoing communication about CoinFLEX.    What have we been up to this week? Team Update When we affect the plans…

CoinFLEX Update: July 22, 2022

CoinFLEX Plans  CoinFLEX to issue depositors rvUSD tokens, equity, and locked FLEX Coin  Depositors get to approve the new structure and path of CoinFLEX Further distribution of existing balances to be made available Locked balances markets will be created and tradable next week   Why is this needed? We need…