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Upbit and Bithumb Halt SNX Deposits After sUSD Depeg Crisis

Upbit and Bithumb Halt SNX Deposits After sUSD Depeg Crisis

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South Korean Exchanges Upbit, Bithumb Suspend SNX Deposits After Warning from DAXA South Korean crypto giants Upbit and Bithumb have halted deposits for Synthetix (SNX) following a warning from the Digital Asset Exchange Alliance (DAXA). This action was triggered by concerns over the depegging of sUSD, Synthetix’s stablecoin, which saw its value drop significantly below […]

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