Tag: Synthetix
Synthetix scuttles $27M Derive deal after community concerns
Decentralized finance platform Synthetix has axed its $27 million plan to acquire crypto options platform Derive after negative community feedback.A S [...]
Synthetix makes $27M bid to re-acquire crypto options platform Derive
Decentralized finance platform Synthetix is planning to venture further into crypto derivatives with plans to re-acquire the crypto options platform D [...]
Upbit and Bithumb suspend Synthetix token deposits, citing sUSD risks
South Korean exchanges Upbit and Bithumb have suspended deposits for Synthetix (SNX) tokens after it was flagged by the Digital Asset Exchange Allian [...]
Upbit and Bithumb suspend Synthetix token deposits, citing sUSD risks
South Korean exchanges Upbit and Bithumb have suspended deposits for Synthetix (SNX) tokens after it was flagged by the Digital Asset Exchange Allian [...]
Upbit and Bithumb suspend Synthetix token deposits, citing sUSD risks
South Korean exchanges Upbit and Bithumb have suspended deposits for Synthetix (SNX) tokens after it was flagged by the Digital Asset Exchange Allian [...]
Synthetix founder threatens SNX stakers with ‘the stick’ to fix SUSD depeg
Synthetix founder Kain Warwick has threatened SNX stakers with “the stick” if they don’t take up a newly launched staking mechanism to help fix the pr [...]
Synthetix founder threatens SNX stakers with ‘the stick’ to fix SUSD depeg
Synthetix founder Kain Warwick has threatened SNX stakers with “the stick” if they don’t take up a newly launched staking mechanism to help fix the pr [...]
Synthetix founder threatens SNX stakers with ‘the stick’ to fix SUSD depeg
Synthetix founder Kain Warwick has threatened SNX stakers with “the stick” if they don’t take up a newly launched staking mechanism to help fix the pr [...]
Synthetix USD stablecoin loses dollar peg, drops to 5-year low of $0.83
The Synthetix protocol’s native stablecoin, Synthetix USD (sUSD), fell to its lowest value in five years, extending a months-long struggle to maintain [...]
Synthetix Founder Appears to Have Sent Portion of Company Funds to Beleaguered Ex-Treasurer: EmberCN
Synthentix is a decentralized finance (DeFi) protocol that provides liquidity for derivatives platforms across the DeFi market. It has $237 million in [...]
Synthetix DEX launch to join efforts reducing the ‘serious friction’ in DeFi
Decentralized derivatives protocol Synthetix is the latest project aiming to close the usability gap between centralized and decentralized exchanges — [...]
Synthetix Posts 12.5% Gain Amid Binance Outflows, Bucks Bearish Bitcoin Trend
The native token of decentralized liquidity platform Synthetix (SNX), rose by 12.5% during European hours on Monday following significant outflows on [...]
Synthetix takes on counterparty risks with Infinex derivatives exchange
Synthetix, a DeFi project in the crypto space, is preparing to expand its range of affiliated products.Kain Warwick, the founder, revealed intentions [...]
Synthetix (SNX) Approves Plan to Nudge Positions Off Soon-to-Shut Version One of Its Perpetuals Market
The change highlights Synthetix’s focus on its v2 perpetuals markets, which had $22 million in volume over the past day, data from a dashboard created [...]
Synthetix (SNX) trading volume overtakes GMX, but is the DEX token rally sustainable?
Synthetix weekly trading volumes surpassed $1 billion, overtaking decentralized derivatives exchange GMX to become the second-most active platform.The [...]