Midday News Update #Web3



❌ Synthetix cancels $27M acquisition deal with Derive — plans shelved.

📉 Abraxas Capital suffers $25M unrealized loss shorting $BTC, $ETH & $SOL with 10x leverage on Hyperliquid.

🍕 Papa John’s rolls out special Papa Rewards for Bitcoin Pizza Day celebration.

🕵️‍♂️ Movement’s Thapaliya leaks airdrop secrets — blames co-founder Cooper for behind-the-scenes issues.

🇺🇸 U.S. House GOP to vote on Trump’s sweeping tax cut bill before Thursday morning (local time).

#Synthetix #Hyperliquid
SNX2.43%
DRV3.44%
BTC0.2%
ETH-0.6%
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