ChainCatcher news, Synthetix announces the acquisition of the leveraged token platform TLX.Synthetix is currently reviewing and auditing all TLX products. Synthetix plans to complete a comprehensive review, implement parameter improvements, and redeploy all contracts in the coming weeks.

ChainCatcher news, according to @ai_9684xtpa monitoring, 10 minutes ago, Synthetix founder Kain Warwick deposited 1000 ETH (approximately 3.85 million USD) to Binance.

ChainCatcher news, according to official sources, Synthetix announced the acquisition of its major perpetual contract trading platform Kwenta in its ecosystem through a token swap transaction, which was previously approved by the Spartan Council's SIP-411 and the Kwenta Council's KIP-138.

ChainCatcher news, according to official sources, Synthetix has proposed to acquire Kwenta and restart derivatives trading through a merger. The proposal has been sent to the Spartan Council and the Kwenta Council. The proposed strategic acquisition marks Synthetix's commitment to expanding its capabilities and creating value for SNX token holders.It is reported that if the proposal is approved, Synthetix will mint up to 9,050,375 new SNX tokens to fund the acquisition.

According to ChainCatcher news, the integration of Snax Chain with the Wormhole ecosystem adds cross-chain messaging and oracle services to Snax Chain, ensuring it can seamlessly integrate networks with existing deployments, facilitating smooth governance processes in a multi-chain world. Wormhole will serve as a standard bridge and provide a controlled environment for Synthetix governance.It is reported that Snax Chain is an L2 application chain specifically designed to enhance the governance operations of Synthetix, one of the leading DeFi platforms in the crypto space. Snax Chain is built on top of the OP Stack, aiming to improve the security, decentralization, and efficiency of Synthetix governance. The mainnet of Snax Chain will launch on September 15 and will receive direct support from Wormhole.

ChainCatcher news, Synthetix core contributor Matt Losquadro stated that the upcoming new application chain SNAXchain aims to bring cross-chain liquidity and trading fee revenue for native token stakers and on-chain trading products. The application chain will initially serve as an on-chain governance platform to manage Synthetix deployments on the Ethereum mainnet and Layer 2 scaling chains, including Optimism, Arbitrum, and Base. Currently, Synthetix is actively exploring the future functionalities of SNAXchain, including SNX staking, cross-chain liquidity, and support for customized perps products, with more proposals regarding these features expected in the fourth quarter.

ChainCatcher news, the DeFi protocol Synthetix is launching its application chain SNAXchain on Optimism. Synthetix states that the goal of SNAXchain is to become a neutral governance and protocol decision-making center.It is reported that SNAXchain is developing chain infrastructure in collaboration with Conduit and cross-chain messaging in collaboration with Wormhole.

ChainCatcher news, Synthetix founder Kain Warwick posted on X that he has invited Zhu Su to a "fight" on the live streaming platform Karate Combat in Singapore, and requested Zhu Su to respond within 24 hours, not to pretend he hasn't seen it.In response, Zhu Su stated: "Kain, I sincerely apologized to you through a private message months ago. You have been ignoring it for months. I have met several members of the infinex team (a new protocol under Synthetix) in Brussels, and I have encountered you. Then you leaked the private message without reason, which I cannot understand. I don't know what you're thinking, but I respectfully decline the invitation and wish you all the best."Kain replied again, stating: "I didn't respond to your apology because you would immediately use it to maintain your image, such as conveying to the public 'Kain and I have reconciled, we are doing well' and similar statements."

ChainCatcher news, according to on-chain analyst Yu Jin's monitoring, Synthetix founder Kain Warwick funded former Synthetix CFO SynthaMan with 2,000 ILV (86,000 USD). SynthaMan posted the day before yesterday that he lost all his crypto assets due to liquidation and published an address requesting donations to help him last until September when his ILV unlocks.1 hour ago, Synthetix founder Kain Warwick unlocked 150,000 ILV (6.45 million USD) and then transferred 2,000 ILV (86,000 USD) to the address SynthaMan requested donations to. As of now, SynthaMan has received approximately 112,000 USD in donations over the past 2 days.

ChainCatcher message, according to Arkham monitoring, Synthetix founder Kain Warwick's address unlocked and received 150,000 ILV from the Illuvium Vesting contract 24 minutes ago, worth approximately 6.47 million dollars.

ChainCatcher news, former Synthetix employee Duo Duo Dorothy stated on X that SynthaMan is a member of the Spartan Council, one of the elected representatives participating in governance, and has never been a team member, let alone the financial officer. The true financial officer of SNX is only SNX co-founder Jordan, who exited SNX after its decentralization was completed.It is reported that SynthaMan's Twitter bio is Synthetix guardian, Ex Synthetix councillor, Ex Synthetix treasurer.Previous news, SynthaMan tweeted that he lost all his SNX tokens due to liquidation.

ChainCatcher news, former Synthetix CFO SynthaMan tweeted yesterday that he lost all of his SNX tokens due to liquidation.SynthaMan stated that he has held SNX since the ICO and has never sold a single token, but now he has nothing left. As a father of five, he admitted that he doesn't know how to make ends meet and said he is shaking and crying because he can no longer support his family.SynthaMan is calling for any job opportunities related to cybersecurity or security research to contact him, as he is willing to work hard to provide for his family.He also mentioned that if anyone is willing to donate or lend him money until his ILV unlocks in September, it can be sent to the wallet address Spartan.eth. SynthaMan said he just needs to get through the next 1.5 months.SynthaMan said: "I woke up feeling like this is all a dream, but I didn't expect it to be real, I'm done for."

ChainCatcher news, Synthetix announced on social media that its protocol V3 will launch on Arbitrum in multiple phases. Starting from June 19, 9:00 AM Beijing time, users who deposit ETH, ARB, and USDC will receive ARB LTIP rewards. Depositors will also be able to mint (i.e., borrow) Synthetix's new Arbitrum native stablecoin USDx.It is reported that the plan for launching each phase is as follows: Week 1 will attract a large amount of ARB, USDC, and ETH LP collateral. Once the total LP collateral reaches $10 million to $20 million, Perps trading will be ready to launch; Weeks 2-3: Enable sUSDe and USDe as collateral, and support collateral from Lido, EtherFi, and AAVE; Weeks 3-4: Enable the Synthetix Perps market based on the development of LP. Trading rebates will begin in Weeks 4-6, gradually enabling limited open contract trading activities to manage risk.

ChainCatcher message, Synthetix's Infinex announced on social media that the governance points (GP) streaming for users participating in Speedrun the Waitlist has ended, and unclaimed points will soon appear in users' Infinex accounts.In addition, Infinex will support asset withdrawals in the coming days.

ChainCatcher news, former Synthetix CFO SynthaMan stated on platform X that Synthetix has once again reached the deposit limit on the Base chain. The Synthetix governance committee, Spartan Council, is currently voting to raise the deposit limit on the Base chain from $21 million to $100 million.

ChainCatcher message, Synthetix announced the migration plan for version V3, which will be divided into two phases. The SNX holders on the Ethereum mainnet will migrate in June, while the SNX holders on Optimism will migrate afterwards.Synthetix also stated that in order to scale sUSD, sUSD incentive measures will be launched next week, including providing at least 10,000 OP incentives weekly for the sUSD/USDC liquidity pool on VelodromeFi in Optimism, as well as providing at least 20,000 SNX incentives weekly for the sUSD liquidity pool on Curve in Ethereum.

ChainCatcher news, according to Coingecko data, the stablecoin sUSD minted by Synthetix ecosystem staking SNX had depegged to around 0.925 earlier today, and has now rebounded to 0.956 USD.Blockchain security firm Chaos Labs analyzed that the reason for the depegging may be due to a large sBTC/wBTC liquidity provider suddenly withdrawing liquidity, using Synthetix's spot synth redemption to obtain sUSD, and selling sUSD in the related Curve pool.