Nima Capital goes dark after dumping 9M SYN tokens, community calls it VC rug

The price of the decentralized finance token SYN dropped significantly after a venture capital firm dumped nearly 9 million tokens and pulled stablecoin liquidity from the Synapse bridge, leading to suspicions of a rug pull by the firm.

cointelegraph.com

Relevant topic timeline:

9/12/2023

This Week's Crypto Price Swings Lead to $256M in Liquidation Losses for Traders

Cryptocurrency prices experienced a sharp drop and rebound, leading to $256 million in liquidation losses over the past two days, as traders faced a wave of leveraged position closures due to market fears and sudden price swings.

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Chainlink Transfers $119M in LINK Tokens, Sparking Price and Circulating Supply Concerns Despite Key Partnerships

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