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Synthetix’s USD stablecoin has strayed from its dollar peg, dropping to $0.83, its lowest point in five years.
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As the Synthetix stablecoin peg dropped to 83 cents, concerns arose among investors in the cryptocurrency market. This sudden ...
Synthetix’s sUSD loses its peg, falling to $0.83. Experts warn of risks, but a $30M treasury could prevent a full collapse.
Synthetix had another de-peg of its asset-backed sUSD token. The stablecoin slid to $0.83 due to the transitional period of ...
USD recently lost its peg amid system changes in Synthetix, with updates and rewards aiming to bring back user trust.
The Synthetix protocol’s native stablecoin, Synthetix USD (sUSD), fell to its lowest value in five years, extending a months-long struggle to maintain its $1 peg. The asset has faced persistent ...
As the trade war between the U.S. and China escalates, with the latter raising tariffs on the former from 84% to 125% this ...
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The filing signals a possible end to a high-profile dispute that has gripped the payments upstart industry since December ...
Bitcoin and broader crypto markets are gaining on Friday after sharply declining alongisde traditional markets Thursday.