Bithumb halts Felaz (FLZ) deposits and restores Synthetix (SNX) services following a trading warning designation for FLZ.
Synthetix (SNX) surges over 13% as South Korea's Upbit removes it from cautionary list, with a 124% trading volume spike.
This week's major crypto news includes potential Iran-US tensions, the upcoming Injective Summit in New York, and a significant $23 million BLAST token unlock, each poised to impact market dynamics.
Synthetix is halting its Layer 2 operations on the Base network to refocus on the Ethereum mainnet.
Synthetix, a DeFi protocol, is shutting down its Layer-2 deployments on the Base network to focus on the Ethereum mainnet.
Synthetix plans to increase the sUSD collateralization ratio to 20% to restore its peg amid price fluctuations, effective June 2nd.
South Korea’s DAXA extends Synthetix (SNX) 'cautionary asset' status on Upbit and Bithumb until late June due to regulatory concerns.
Synthetix and Derive have canceled their proposed merger agreement.
Synthetix and Derive cancel a $27M token swap merger deal.
Synthetix and Derive have withdrawn their $27 million merger proposal after extensive community feedback.
Synthetix and Derive have canceled their $27 million merger proposal.
Hyperliquid emphasizes the importance of 24/7 crypto trading in its comments to the CFTC, highlighting the potential for market evolution and increased efficiency in decentralized finance.
Synthetix halts $27M Derive acquisition amid token valuation concerns.
Synthetix cancels a $27M acquisition deal with Derive due to community concerns about token exchange and deal benefits.
Kraken expands into Europe with regulated crypto derivatives trading, reinforcing its market leadership.
Donald Trump is hosting a controversial memecoin dinner for top tokenholders, raising concerns about potential conflicts of interest and influence-buying at the White House.
Synthetix offers to acquire Ethereum-based Derive for $27 million.
Synthetix acquires Derive in a $27 million token swap as part of its DeFi expansion strategy.
Synthetix plans to reacquire Derive, a crypto options platform, for $27 million, pending community approval.
Synthetix is exploring a $27 million token-swap deal to acquire the options platform Derive.
Synthetix proposes a $27M token swap to acquire Derive.
Synthetix suggests acquiring Derive for $27M, exchanging SNX and DRV tokens to bolster protocol capabilities.
Synthetix plans a $27 million token swap to acquire Derive, aiming to integrate its treasury and products into its ecosystem.
Synthetix plans to acquire Derive for $27 million in a strategic token exchange deal, marking a pivotal move in the crypto derivatives market.
Synthetix is set to re-acquire crypto options platform Derive for $27 million, marking a strategic move into derivatives.
The depegging of sUSD has raised alarms in the crypto world, with its value dropping 31% below the dollar. The change was triggered by Synthetix's SIP-420 protocol, affecting the stablecoin's reliability.
Synthetix transitions to 420 staking pool as outlined in proposal SCCP-403, bringing key changes and future upgrades.
Upbit has designated Synthetix (SNX) as an investment alert asset due to rising volatility.
Synthetix's sUSD stablecoin gains 9.3% after emergency de-pegging solution.
Upbit halts SNX deposits after DAXA warning.
South Korean regulators highlight concerns over Synthetix USD (sUSD) and its stability, raising alarms among investors and exchanges.