Upbit puts SNX on the transaction alert list and suspends deposit services

PANews reported on April 24 that according to Upbit's announcement, because sUSD failed to stably anchor $1 and there was an abnormal price risk, Synthetix (SNX) was listed as a transaction warning asset by DAXA, and SNX's deposit service will be suspended from 15:00 on the same day (local time). The platform will evaluate the asset and decide whether to extend observation, unwarranty or terminate transaction support. If the risks are not completely resolved during the evaluation period, SNX may face removal. The recovery time of deposit support will be notified separately.