Odaily News According to official news, the decentralized derivatives protocol Synthetix announced plans to acquire the leveraged token protocol TLX and launch a new product line Synthetix Vaults. This strategy complements Synthetix's core product, the decentralized derivatives platform, and helps to diversify the protocol's revenue. Synthetix said that it will launch a variety of vault products in the coming months to expand its core platform functions, including leveraged token vaults, and active management strategies such as yield-generating strategies (such as basis trading capture and funding rate arbitrage). Previously, Synthetix had acquired its main front-end integrator Kwenta.

Odaily News ZK coprocessor Brevis Network has completed a $7.5 million seed round of financing, led by Polychain Capital and Binance Labs, with participation from IOSG Ventures, Nomad Capital, Bankless Ventures, Hashkey and several undisclosed angel investors. According to reports, Brevis Network is a startup that uses zero-knowledge (ZK) technology for off-chain computing. Co-founder Michael Dong told that Brevis began raising funds for the seed round in June and ended in September. Dong added that this round of financing was token financing, but declined to comment on the post-investment valuation. Brevis's ZK coprocessor is currently in the test mainnet stage, and partners such as Kwenta, JoJo Exchange and Trusta are already using it. Other DeFi protocols, including PancakeSwap, Frax, Gamma, Quickswap, Mask Network, 0G, Bedrock and Mellow Finance, are also building products and features driven by Brevis. Dong said: "We are now focused on launching a decentralized prover network, which will allow any prover to join and process the workload of applications built with Brevis." When asked whether Brevis will launch its token at that time, Dong said: "We don't have any details about the token yet." At the same time, Dong added that Brevis's "SpaZK verifiable AI" product is still under active development and will be released in the future. Brevis currently has 12 employees and is looking to hire senior marketing and R&D professionals. (The Block)

1. Global financial leaders believe that the Federal Reserve will not cut interest rates twice this year; 2. Magic Eden test coin TestME is now open for application; 3. Consensys, the developer of the crypto wallet MetaMask, laid off 20% of its employees; 4. The Optimism Foundation agreed to provide Kraken with a grant of 25 million OP tokens; 5. Musk's xAI is negotiating financing at a valuation of $40 billion, hoping to raise billions of dollars; 6. TradingView data shows that BTC's market share has exceeded 60%; 7. MicroStrategy's Bitcoin holdings have a floating profit of more than $8.4 billion; 8. Tether Treasury minted 1 billion USDT on Tron this morning (authorized but not issued); 9. Filecoin ecosystem liquidity pledge agreement Glif plans to airdrop 100 million GLIF to qualified users, accounting for 10% of the total supply; 10. CME was approved to operate a futures commission merchant, which triggered strong opposition from industry participants; 11. Today, the Fear and Greed Index rose to 77, and the level turned to extreme greed; 12. The U.S. Treasury Department’s new financial inclusion strategy did not mention the role of cryptocurrency; 13. Circle raised the USDC exchange fee for the second time this year; 14. Visa and Coinbase cooperated to provide real-time cryptocurrency purchase services through debit cards; 15. dYdX Trading laid off 35% of its core team members; 16. Synthetix initiated a proposal to acquire Kwenta and restart derivatives trading functions; 17. Cryptocurrency trading platform Gemini received principle approval from the Central Bank of Singapore for the MPI license.

Odaily News According to official news, Synthetix has initiated a proposal to acquire Kwenta and restart the derivatives trading function. 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.

Odaily News GMX and Gains Network have submitted proposals to integrate their liquidity into the Synthetix ecosystem trading platform Kwenta platform. The move aims to enhance the trading experience of Kwenta users by providing access to more markets and liquidity, while leveraging Kwenta's user experience-centric roadmap, which includes allowing traders to log in with traditional Web2 credentials and sponsor gas-free transactions. (Decrypt)

Odaily星球日报讯 据官方公告，加密货币交易所 Bithumb 宣布，由于 ETH（Optimism）、OP、KWENTA、WLD 钱包维护，充值和提现服务将暂停。钱包检查完待网络稳定后，将立即恢复充提币服务。

Odaily星球日报讯 Synthetix，一个去中心化加密衍生品市场，已在Base上部署了其永续合约协议V3版本。Base是由Coinbase开发的以太坊二层区块链。 Perps V3将简化在Synthetix上为在Base上构建的开发者推出新衍生品的过程，以及在Synthetix支持的交易所（如Kwenta、Polynomial和dHEDGE）上的交易，该公司在一份声明中说。 据Synthetix表示，未来几个月计划在Base上部署更多的Synthetix V3产品，包括一个名为Infinex的新永续期货交易所。 Synthetix创始人Kain Warwick表示，去中心化加密交易仍需追赶中心化平台的活动。“问题是，我们仍在使用中心化基础设施进行大多数加密交易。大多数加密活动没有利用我们构建的去中心化技术，”他说。 Perps V3产品是随着Synthetix V3系统升级而推出的，该升级自去年年底以来一直在进行中，该公司表示。根据Synthetix的说法，去年1月推出的前一版本永续V2已产生超过430亿美元的交易量，并吸引了成千上万的独特交易者。

Odaily News Arkham tracking data shows that the giant whale at the address starting at 0x160 holds long positions worth more than $35 million on GMX and Kwenta. Yesterday, the whale increased its long BTC position to $8 million using over 15x leverage.

Odaily News Synthetix ecological spot and perpetual contract trading platform Kwenta officially issued a document on the Just select the 1CT Trading option on the trading page and set the duration and the amount of ETH deposited.

Odaily News Perps Watcher data shows that Frog Nation’s former CFO 0xsifu (sifu.eth) has recently gradually closed its previous short ETH position and turned long three days ago. 0xsifu has been long ETH on Kwenta at an average price of US$1,562.27 and a leverage of 5.19 times in the past three days, with a position size of approximately US$20.9 million; the current realized profit is US$470,000 and the unrealized loss is US$123,000.