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Report Suggests FTX’s Tokenized Stocks Might Not Have Been Backed 1:1, Synthetics May Have Been Used to ‘Manipulate’ Real Stock Prices
6.12.2022
On Dec. 4, 2022, a report details that FTX-based synthetic stocks may have been used to manipulate the value of AMC shares. In May 2021, FTX offered 36 tokenized stocks but speculators believe it’s questionable whether or not the firm actually held the real stocks in the first place....
THORChain spikes by 34% after activating synthetic assets
10.3.2022
“Trading with synthetics on THORChain has half the swap fees, making swaps cheaper, cheap gas fees, and faster for traders. You can do near-instant trades at a high volume,” said developer Chad Barraford
Synthetic asset protocol for Polygon raises $1.5M from major investors
16.11.2021
Polysynth aims to support trading for 100,000 different synthetic tokenized assets through its “virtual market maker” protocol
Fear of the unknown: A tale of the SEC’s crusade against synthetics
23.10.2021
DeFi built on blockchain and legacy financial systems is on the verge of clashing in one of the most tumultuous battles in economic history
The Founder of Wallstreetbets Jaime Rogozinski Discusses Defi, NFTs, and Crypto Regulation
3.10.2021
In 2021, the subreddit forum r/wallstreetbets, also known as Wallstreetbets (WSB) became an extremely popular forum after the members played a major role in the Gamestop short squeeze escapade. In recent times, the founder of WSB, Jaime Rogozinski has been behind a new decentralized finance project...
Wallstreetbets Founder Jaime Rogozinski and Wsbdapp Project Launch 15,000 Generative NFTs
22.9.2021
On September 22, the team behind the Wallstreetbets defi application called Wsbdapp announced the launch of a non-fungible token (NFT) collection featuring 15,000 generative NFTs. According to the team, the NFTs provide utility like VIP access to special metaverse events and yield farming boosts....
Newly Launched Wallstreetbets Defi App Aims to ‘Take Over Traditional Financial Markets’
4.9.2021
At the beginning of 2021, a trend ignited by the creators of the Reddit forum r/wallstreetbets caused the whole world to focus on retail traders in the stock market purchasing so-called dead stocks like AMC, GME, and others. The hype behind the Wallstreetbets group has fizzled in the last...
Synthetic dreams: Wrapped crypto assets gain traction amid surging market
17.1.2021
Synthetic crypto assets offer vast potential to shake up the crypto and traditional financial markets, but what’s behind the current growth?
Injective Partners & Fantom to Power Synthetics Revolution
6.1.2021
The adoption of synthetic assets is on the rise, and to further accelerate the process, a strategic partnership has been announced between Injective Partners and Fantom. The association will specifically explore the avenues to create a crop of new derivative products. Besides, the coming together...