OCC

The US Bitcoin spot ETF options are about to launch

ChainCatcher news reports that the Options Clearing Corporation (OCC) has announced on its official website that it is preparing to launch spot Bitcoin ETF options. According to the disclosed notice, the OCC is preparing for the clearing, settlement, and risk management of spot Bitcoin ETF options, which will comply with the new options listing process outlined in the options listing program.Previously, ChainCatcher reported in October that the U.S. Securities and Exchange Commission (SEC) approved the listing of multiple Bitcoin ETF options products on the Cboe Exchange and NYSE American. Cboe was approved to list options for the Fidelity Wise Origin Bitcoin Fund (FBTC) and ARK 21Shares Bitcoin ETF (ARKB); NYSE American was approved to list options for the Grayscale Bitcoin Trust ETF (GBTC), Grayscale Bitcoin Mini Trust (BTC), and Bitwise Bitcoin ETF (BITB). Earlier, the SEC had approved options trading for the iShares Bitcoin Trust (IBIT) under BlackRock.According to the documents, both exchanges have set a single-side position limit of 25,000 contracts for each Bitcoin ETF option, which is lower than that of other ETF options products. As of August 30, 2024, GBTC has issued approximately 367 million shares, with a market value exceeding $13.4 billion; BITB has issued approximately 68.7 million shares; FBTC has issued over 201 million shares, with a six-month trading volume exceeding 1.1 billion shares; ARKB has issued approximately 45.5 million shares, with a six-month trading volume exceeding 297 million shares.

OKLink: In Q3 2024, the total on-chain losses across the network exceeded 700 million USD, with more than 60 phishing scam incidents occurring, resulting in losses of over 300 million USD

ChainCatcher news, OKLink released the Q3 2024 Security Report, which states that the cumulative losses from on-chain security incidents across the network amount to approximately $743 million. In Q3, there were 110 major attack incidents, including a total of 61 fraud and phishing incidents, resulting in losses of $340 million, accounting for 46.03%. The losses from REKT incidents were approximately $80.42 million, accounting for 10.78%, while losses from RugPull incidents were about $4.61 million, accounting for 0.62%.On August 19, a potential victim reportedly lost 4,064 BTC due to a phishing attack, valued at approximately $238 million. This substantial amount was quickly transferred through multiple platforms, including ThorChain, eXch, Kucoin, ChangeNow, Railgun, and Avalanche Bridge, in a complex operation after being stolen.Additionally, losses due to private key leaks amounted to approximately $268 million, accounting for 36.06%. OKLink reminds users to enhance their security awareness and not to trust any unverified signature requests, especially when authorizing "Permit" or involving fund transfers; it is essential to verify the authenticity of the signatures. It is recommended to regularly check and revoke contract authorizations that are no longer in use to prevent malicious contract abuse. At the same time, securely store your private keys and mnemonic phrases, never disclose them to anyone, and avoid saving them through screenshots or on insecure devices. Security awareness is your strongest shield in the Web3 world.
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