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TechFlow news, April 24 — According to official announcements, Synthetix (SNX) has been designated as a trading warning asset by the Korea Digital Asset Exchange Association (DAXA) due to the de-pegging issue of sUSD, the stablecoin backed by SNX. Exchanges including Upbit and Bithumb have announced they will suspend SNX deposits. The observation period will continue until the end of May.
According to official announcements, Synthetix (SNX) has been designated as a trading warning asset by the Korea Digital Asset Exchange Association (DAXA) due to de-pegging issues with sUSD, a stablecoin backed by SNX. Exchanges including Upbit and Bithumb have announced they will suspend SNX deposits, with the observation period lasting until the end of May.
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