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news-imageApril 19, 2023

Daily Crypto Movers: Zilliqa, ICP, Synthetix, Casper, and Rocket Pool Lead Gains; Injective, RNDR, Frax Share, Arbitrum, and Woo Network Experience Losses

Today's cryptocurrency market showcases a mix of projects experiencing notable gains and others facing significant losses. Zilliqa, ICP, Synthetix, Casper, and Rocket Pool have emerged as the top gainers of the day, while Injective, RNDR, Frax Share, Arbitrum, and Woo Network are the top losers.
Publisher: The Currency Analytics
Sentiment: Positive
ARB
FXS

More News Articles

Negative
cover-imageCointelegraph
April 21, 2025

Synthetix founder threatens SNX stakers with ‘the stick' to fix SUSD depeg

Synthetix founder Kain Warwick has threatened SNX stakers with “the stick” if they don't take up a newly launched staking mechanism to help fix the protocol's ongoing sUSD (SUSD) depeg.Warwick said in an April 21 post to X that it has now implemented a sUSD staking mechanism to address the depeg, but admitted it is currently “very manual” without a proper user interface. However, once the UI goes live, Warwick said, if there isn't enough momentum, then they may have to “ratchet up the pressure” on the stakers in the sUSD 420 pool.

Negative
cover-imageCrypto Economy
April 17, 2025

Stablecoin sUSD Crashes Below $0.80 as Synthetix Founder Dumps 90% ETH

TL;DR sUSD Depeg Crisis: Synthetix's stablecoin sUSD has plunged below $0.80 amid significant protocol changes that have unsettled investors and traders. Impact of SIP-420 Upgrade: The recent SIP-420 upgrade, aimed at enhancing capital efficiency, has flooded markets with excess sUSD, disrupting traditional peg defense strategies and triggering chaotic trading conditions.

Positive
cover-imageCrypto Economy
April 16, 2025

ZetaChain Announces Full Arbitrum Integration on Mainnet

TL;DR Over 50M Arbitrum users can now access ZetaChain without switching networks or relying on external bridges or complex swaps. dApps use universal contracts that connect natively with chains like Bitcoin, Ethereum, Solana, and Arbitrum. ZetaHub now lets users view balances, transfer assets, and provide liquidity from Arbitrum with a seamless, single-network experience.

Negative
cover-imageCryptonews
April 8, 2025

Lobby Finance Vote-Buying on Arbitrum Raises Alarms Over DAO Security and Governance Integrity

Arbitrum DAO faces scrutiny as vote-buying through Lobby Finance sparks debate over decentralized governance, highlighting vulnerabilities in token-weighted voting systems and calls for reform within blockchain-based decision-making processes. The post Lobby Finance Vote-Buying on Arbitrum Raises Alarms Over DAO Security and Governance Integrity appeared first on Cryptonews.

Negative
cover-imageCryptoSlate
April 8, 2025

User spends $10k to control $6.5M in votes on Arbitrum DAO, sparks governance concerns

A recent vote-buying incident within Arbitrum DAO has raised concerns about the viability of decentralized governance as investors exploit on-chain mechanisms to acquire influence through borrowed voting power. According to an April 8 report by crypto analyst Ignas, a user identified as hitmonlee.eth spent 5 Ethereum (ETH), approximately $10,000, to obtain 19.

Negative
cover-imageCryptopolitan
April 8, 2025

Zilliqa CEO resigns two months after security breach

Zilliqa has announced the resignation of CEO Matt Dyer, just two months after the blockchain platform suffered a security breach affecting its cross-chain bridge. In a statement posted on X, the company confirmed Dyer “has stepped down from his role as Chief Executive Officer of Zilliqa Technology.

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