The investor warning from the South Korean regulator comes as Synthetix USD, a stablecoin collateralized with Synthetix tokens, failed to recover its dollar peg. South Korean exchanges Upbit and ...

In a significant and concerning event in the cryptocurrency space, sUSD, the native stablecoin of the Synthetix protocol, saw its value plummet to $0.68 on April 18, 2025. This drop represents a ...

Ethereum-based derivatives powerhouse Synthetix is considering buying options trading platform Derive in an token-for-token deal valued at $27 million that would see the project absorbed back into the ...

Synthetix has floated acquiring Derive in a $27 million token exchange deal, subject to approval from both of the crypto platforms communities. Decentralized finance platform Synthetix is planning to ...

Synthetix founder Kain Warwick has issued a stern message to SNX stakers, urging them to adopt the protocol's newly launched staking mechanism aimed at restoring the dollar peg of its stablecoin, sUSD ...