Synthetix

Venture Capital

Coinbase Ventures, Paradigm Invest $12M in Synthetix DeFi Platform

Daniel KuhnFeb 14, 2021

Three prominent venture capital firms bought tokens directly from the DAO's treasury.

Ethereum

Optimism ‘Soft Launches’ Ethereum Throughput Solution With DeFi’s Synthetix

William FoxleyJan 15, 2021

A potential fix for Ethereum's costly congestion problems.

Banking

Revolut Adds 11 Cryptocurrencies to Its Trading Offerings

Jamie CrawleyApr 9, 2021

Cardano (ADA), uniswap (UNI) and filecoin (FIL) were among those added.

Altcoins

Multiple Tokens See Rally Amid Looming ‘Alt Season’

Muyao ShenJan 12, 2021

Bitcoin and ether may be pulling back from their all-time highs but alternative cryptos are starting to see action.

DeFi

Terra Brings 24-Hour Trading to Synthetic Versions of Stocks Like TSLA and AAPL

Brady DaleDec 3, 2020

The creators of the stablecoin platform Terra are launching Mirror Protocol, a way to mint crypto assets that mimic U.S. stocks.

Synthetix

Oil Markets

Brent Crude Oil Futures Now Tradable on DeFi Exchange Synthetix

William Foxley

One of two global oil benchmarks, Brent Crude Futures are now available through DeFi exchange Synthetix.

Bitcoin

First Mover: Collapsing Bitcoin Futures Premium Offers Glimpse of New Digital Money Market

Bradley KeounOmkar GodboleMuyao ShenSebastian Sinclair

Dollar-linked "stablecoins" are being used in exotic cryptocurrency trades, similar to the way money markets serve as liquidity on Wall Street.

DeFi

Trio of Bitcoin Tokens Lures DeFi Yield Farmers to New Pastures

Brady Dale

A pool of sBTC, renBTC and WBTC is helping Synthetix draw the attention of DeFi's growing horde of yield farmers.

DeFi

Trading Contest on Synthetix Aims to Showcase Speed of New DEX Tech

Brady Dale

Synthetix is putting over $40,000 in crypto on the line to entice users to try out the faster beta of its decentralized exchange (DEX).

Podcasts

The Founders of Synthetix and Chainlink on DeFi, Derivatives and 25 New Decentralized Price Feeds

Nathaniel Whittemore

Yesterday Chainlink released price reference data for 25 of its decentralized oracle networks which, together, power more than $100m in DeFi.

The Breakdown

Should the Government Have a Say in Where You Can Invest?

Nathaniel Whittemore

NLW discusses forthcoming changes to US accredited investor laws and looks at a trend of DeFi companies looking to become more decentralized in 2020.

News

Synthetix Trader Rolls Back Broken Trades That Netted $1 Billion Profit

John Biggs

A rogue API caused Synthetix pricing to go wild. A bot profited, but the bot owner rolled back the trades.