Tag: Crypto

Synthetix Founder Takes Blame For sUSD Problems As Protocol Eyes Basis-Vault Fix

TL;DR Synthetix founder Kain Warwick has acknowledged mismanagement around sUSD. The protocol is looking toward a basis-vault approach as part of its plan to restore stability. The episode highlights how difficult decentralized stablecoin management remains even for established DeFi projects. Synthetix Faces Up To sUSD Problems Synthetix founder Kain...
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Bitcoin Price Crashes Below $60K as Strategy’s MSTR Plunges 10%

Bitcoin can’t catch a break these days as the rejection from $67,200 at the beginning of the previous week continues to haunt it and push it south. In alignment with Strategy’s stock price, the primary cryptocurrency has plummeted below the crucial support at $60,000. Source: TradingView It was just...
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