
SNX News Synthetix Network
Price of 1 Synthetix Network today (1 May)
$ 0.7094
-0.792%
Latest news on Synthetix Network (SNX) now
SNX Price Rises 7% Amid Synthetix Founder’s Call for sUSD Participation
The price of Synthetix's SNX increased by 7% in the last 24 hours, reaching $0.6851, with trading volume up nearly 40%. However, SNX remains...
Bitcoin Holds Steady Amid U.S.-China Trade War and Dollar Decline
As the U.S.-China trade war intensifies, China has raised tariffs on U.S. imports from 84% to 125%. Despite this, the cryptocurrency market remains...

Synthetix's sUSD Stablecoin Drops to $0.86 Amid Community Concerns
Current issues surrounding the Synthetix-native stablecoin, sUSD, have led to significant community concerns and a drop in its value. Key points...
Synthetix Stablecoin sUSD Falls to Five-Year Low of $0.83
Synthetix USD (sUSD) has lost its USD peg, dropping to a five-year low of $0.83, raising concerns among investors. The stablecoin's value has shown...
South Korea Plans Sanctions Against Overseas Crypto Exchanges Operating Illegally
South Korean financial authorities plan to sanction multiple overseas crypto exchanges operating illegally in the country. The affected exchanges...
Synthetix Proposes Overhaul of Staking Model and Revitalization of sUSD
Kain Warwick, founder of Synthetix, proposes a significant overhaul of the SNX token through a new staking model called the 420 Pool. Key points...
Chainlink Whales Purchase 1.10 Million LINK Worth $19 Million
Chainlink (LINK) Overview
Chainlink is currently ranked 11th by market cap, trading at $17.51, down 9% in the past day and 66.86% from its...
Chainlink Leads DeFi Protocols in Development Activity Amid Price Analysis
In the DeFi sector, Chainlink (LINK) leads in development activity among top protocols. Recent data from Santiment shows:
Chainlink remains the top...
FTX Announces Chapter 11 Plan Effective January 3, 2025
The defunct cryptocurrency exchange FTX and its affiliated debtors announced that the court-approved Chapter 11 reorganization will take effect...
Synthetix Acquires Kwenta to Unify Strategic Priorities and Enhance User Experience
In early October, Synthetix approved a governance proposal aimed at revamping the project. Key changes include updating SNX tokenomics, introducing...