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Synthetix (SNX) founder Kain Warwick thinks it is nearly impossible for decentralized finance (DeFi) projects to avoid regulatory risk in the US. In July, Warwick founded Infinex, a decentralized perpetual exchange that uses Synthetix for its liquidity.
In the name of diversifying portfolios to include a small share of the next big thing, investors should consider these cryptos to buy.
Kain Warwick tells Cointelegraph that Infinex will help reduce friction in DeFi and close the usability gap between DEXs and CEXs.
SNX has fronted an impressive recovery in the first week of September amidst hype around its V3 upgrade. Can bulls push forward?
Bitcoin (CRYPTO: BTC) edged lower, with the cryptocurrency prices trading below the $26,000 level on Thursday. Ethereum (CRYPTO: ETH) also moved lower, trading below the key $1,700 mark this morning.
One decentralized finance (DeFi) altcoin project is surging amid the rollout of a highly anticipated network revamp. In the past there days, Synthetix Network (SNX), a protocol that allows users to trade synthetic assets, shot up from a low of $1.91 to a high of $2.51, a more than 32% increase.
Decentralized Finance (DeFi) protocol Synthetix (SNX) is, by a very large margin, leading the altcoin momentum today. The coin is currently changing hands at a price of $2.49 after soaring as high as 15.24% in the past 24 hours, according to data from CoinMarketCap.
Bitcoin (CRYPTO: BTC) traded mostly flat, with the cryptocurrency prices trading below the $26,000 level on Tuesday. Ethereum (CRYPTO: ETH) also remained steady, trading below the key $1,700 mark this morning.
Despite the recent market volatility, Bitcoin(BTC) has found reliable support at $25500. Over the past three weeks, even amidst the crypto market's unpredictability, this coin price has bounced back from the bottom creating a sense of reversal to major altcoins.
$SNX and $LPT, have experienced substantial price surges.
The native token of decentralized liquidity platform Synthetix (SNX), rose by 12.5% during European hours on Monday following significant outflows on Binance.
The crypto market started September on a bearish note, following the sets of August's downfall. A majority of major coins witnessed extended correction and returned to monthly support.
Bitcoin (CRYPTO: BTC) moved lower, with the cryptocurrency prices trading below the $26,000 level on Monday. Ethereum (CRYPTO: ETH) also recorded losses, trading below the key $1,700 mark this morning.
Plenty of launches last week — from PayPal, Base, Synthetix to DeBank — as we head into yet another exciting week in DeFi. Check out the latest DeFi news and alpha now!
Cryptocurrency researchers from leading analytical firm Delphi Digital shared their thoughts about the competition in the decentralized perpetuals exchanges segment. It looks like these services benefit from trader exodus from centralized exchanges.
Bitcoin (CRYPTO: BTC) moved lower, with the cryptocurrency prices trading above the $29,200 level on Friday. Ethereum (CRYPTO: ETH) also edged lower, trading below the key $1,900 mark this morning.
Synthetix is pleased to announce that the protocol has integrated Chainlink Cross-Chain Interoperability Protocol (CCIP) into Synthetix V3.
LINK, FIL, SNX and THETA are starting to look bullish right as Bitcoin prepares for a volatile price move.
Kain Warwick, the visionary founder of Synthetix (SNX), has set his sights on a potential revolution in the crypto landscape. In a recent interview on Real Vision Crypto, Warwick expressed his belief that decentralized applications (dApps) could soon surpass their centralized counterparts in popularity, marking a significant shift in the financial ecosystem.
Decentralized exchanges are improving and look more like the smooth user-friendly experiences of their centralized competitors — but with the added benefit of keeping crypto in the hands of their users.
Synthetix (SNX) founder Kain Warwick says there's a chance that the next wave of people adopting crypto could end up preferring decentralized applications over their traditional centralized counterparts.
Synthetix (SNX) is one of the altcoins leading the bullish run on the market today after recording massive 10% growth over the past 24 hours to $3. Based on the current performance outlook, Synthetix is now up by more than 16% in the week-to-date (WTD) period.
BeInCrypto looks at five altcoins that increased the most in this week's crypto market, specifically from July 14 to 21.
Bitcoin seems unable to break away from $30K but that may be about to change soon.
