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Defi TVL Dips Below $40B Amidst Market Turbulence and Shrinking Confidence
22.8.2023
After remaining above $40 billion for much of 2023, the total value locked in decentralized finance, or defi, fell below the threshold on August 17, reaching $37.9 billion by August 22. Additionally, from August 13, the top 100 DeFi tokens have decreased by $1.74 billion in value over nine days....
Base Network's Friend.tech App Leads in Activity, Surpassing Arbitrum and Optimism
22.8.2023
Base-based, Twitter-linked Friend.tech app has seen revenue, fees, and activity jump significantly since Friday - surpassing a number of large projects, Layers 2, and Layers 1.
Looking at the revenues at 9:20 on Tuesday morning (CET), over the past 24 hours, Friend.tech took the 3rd place with...
Best Crypto to Buy Now 27 July – Synthetix, Pepe, Maker
28.7.2023
Mark Yusko, the principal of Morgan Creek Capital Management, a fund management organization with $1.6 billion in its custody, shared some thought-provoking predictions about the future value of Bitcoin today.
He sees the most prominent cryptocurrency achieving a value of $300,000 by the end...
Bitcoin’s dull price action ignites buying interest in LINK, FIL, SNX and THETA
23.7.2023
LINK, FIL, SNX and THETA are starting to look bullish right as Bitcoin prepares for a volatile price move
Chainlink's Interoperability Protocol, Connecting Blockchains to ‘Bank Chains,’ Goes Live
17.7.2023
This is the launch of the standard that could connect all of the blockchains and all of the bank chains, Sergey Nazarov said in an interview with CoinDesk
Celsius Moves $59M of Altcoins in Possible Prelude to Converting Into BTC, ETH
17.7.2023
The U.S. bankruptcy court granted the crypto lender permission to sell its altcoin holdings for BTC and ETH starting in July
Synthetix takes on counterparty risks with Infinex derivatives exchange
15.7.2023
The upcoming exchange, Infinex, will cater to both novice and experienced traders by offering features similar to centralized exchanges (CEX)
Battle for DeFi – Synthetix vs Tradecurve, who wins?
11.7.2023
Synthetix is an established set of platforms that allows people to trade synthetic versions of real-world assets on the blockchain. Tradecurve is an up-and-coming hybrid decentralized exchange allowing people to trade derivative assets on-chain. Let’s see how they measure up. More about...
Best Crypto to Buy Now 30 June – Bitcoin Cash, Synthetix Network, Pepe
30.6.2023
Cryptocurrency markets are mixed on Friday.
Ether (ETH) is up over 4% and rallying into the mid-$1,900s and bitcoin alternatives like Litecoin, Bitcoin SV, Zcash and eCash have all been pumping.
Bitcoin, meanwhile, was last trading in the $30,400s, having been knocked off its prior perch above...
Crypto Market Rises by $30B in 48 Hours — Bitcoin Cash Leads With 88% Weekly Gain
25.6.2023
On Sunday, June 25, the cryptocurrency market experienced a modest increase in value, climbing from $1.21 trillion two days prior to its current value of $1.24 trillion. Bitcoin has surged 15% in the past week, while ethereum has risen over 10% against the U.S. dollar. Furthermore, numerous other...
Crypto City guide to Sydney: More than just a ‘token’ bridge
23.6.2023
A “full-on” crypto scene and “heaps” of Web3 projects in Australia’s largest city show Sydney has more to offer than beaches and a bridge
Synthetix has taken on Lido Finance’s stETH
16.6.2023
Synthetix is extremely pleased to carry out its official announcement of having taken on Lido Finance’s stETH, an asset for leverage trading on Synthetix Perps. This is known to be the latest perpetual futuristic market, and it has the endorsement of SIP 2021, the boundaries for which have been...
Synthetix Community Approves Plan to Nudge Positions Off Soon-to-Shut Version One of Its Perpetuals Market
1.6.2023
The market, which was replaced by a new version, has been in close-only mode for months, but about $150,000 remains on the original platform
Synthetix (SNX) trading volume overtakes GMX, but is the DEX token rally sustainable?
25.5.2023
Volumes at Synthetix surpassed it’s nearest DEX competitor, but contracting user activity across decentralized exchanges could be a red flag
Decentralized exchange GMX votes to use Chainlink low-latency oracles
25.4.2023
A Chainlink exec said the oracles will improve GMX’s security by providing a more “strong degree of tamper-resistance when settling user trades.”
Best Crypto to Buy Now 19 April – Radix, Synthetix Network, Internet Computer
19.4.2023
The cryptocurrency experienced a significant contraction today, with the total market capitalization seeing a net reduction of $50.7 billion.
As it stands, the total crypto market cap is $1.24 trillion, marking a 4.11% decrease from the previous day.
How might this sudden downturn affect...
Market Maker DWF Labs’ More Than $200M in Deals Blur What ‘Investing’ Means
14.4.2023
DWF Labs made headlines with flurry of investments in crypto projects such as CryptoGPT or Synthetix. A closer examination reveals that many of their deals aren’t typical venture capital investments. However, the firm says it’s all a misunderstanding
Best Crypto to Buy Now 3 April – SNX, ADA, STX
4.4.2023
The cryptocurrency market is currently navigating a period of uncertainty, with Bitcoin (BTC) demonstrating resilience by maintaining its position close to the $28,000 mark.
Amid market turbulence, Bitcoin has remained relatively stable, trading at $27,860 as it trades about even for the day...
Decentralized Liquidity Platform Synthetix Sees Jump in Fees Collected Amid Incentive Campaign
31.3.2023
Synthetix generated more than $730K in fees on March 30 ahead of the start of its allocation of 200,000 OP tokens to traders
Synthetix nets $20M from Web3 quant trading firm
20.3.2023
Derivatives liquidity protocol Synthetix seals new partnership with DWF Labs, landing a $20 million investment from the quantitative trading firm