Synapse Liquidity Provider Sells Tokens and Removes Liquidity, $SYN Price Drops by 18.5% in 24 Hours

Synapse Liquidity Provider Sells Tokens and Removes Liquidity, $SYN Price Drops by 18.5% in 24 Hours
Source: Synapse

Synapse Protocol tweeted that a Synapse liquidity provider sold their $SYN tokens and removed liquidity today. The team is investigating unusual activity on their wallets and is working to get in touch with them. Synapse will update once there is more info. In addition, Synapse stated that there was no security breach of the protocol or bridge.

According to TokenInsight data, the Synapse ($SYN) price dropped by 18.5% in the last 24 hours, trading at $0.334291 now.

Stay updated with the most important cryptocurrency news and valuable insights, conveniently delivered to your email every day. Subscribe to the TokenInsight mailing list now!

Prefer social media? Follow us on Twitter, or subscribe to our Telegram channel!

If you have news reports or announcements that you want to reach a wider audience, feel free to email us at news@tokeninsight.com

Source

Cross-Chain

DeFi

Security Incidents

In This Article

Related News
North Korean hackers use fake Zoom updates to deliver ‘NimDoor’ macOS malware targeting crypto firms North Korean hackers use fake Zoom updates to deliver ‘NimDoor’ macOS malware targeting crypto firms
Term Finance recovers $1 million of $1.6 million loss to oracle configuration error Term Finance recovers $1 million of $1.6 million loss to oracle configuration error
Bybit hackers move over half the stolen ETH onto Bitcoin, largely using ThorChain Bybit hackers move over half the stolen ETH onto Bitcoin, largely using ThorChain
Stablecoin neobank Infini exploited for $49 million: security analysts Stablecoin neobank Infini exploited for $49 million: security analysts
Wildcat, the decentralized credit platform built by Crypto Twitter mainstay Laurence Day, launches new version on Ethereum Wildcat, the decentralized credit platform built by Crypto Twitter mainstay Laurence Day, launches new version on Ethereum
Latest News More More
19 Hours Ago Daily Market Wrap | Aug. 15
1 Day Ago Daily Market Wrap | Aug. 14
2 Days Ago Daily Market Wrap | Aug. 13
3 Days Ago Daily Market Wrap | Aug. 12
4 Days Ago Daily Market Wrap | Aug. 11
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open