Attention, blockchain enthusiasts! The cross-chain liquidity protocol Synapse Protocol has seen some recent developments. It is reported that a Synapse liquidity provider sold their $SYN tokens and removed liquidity today. The Synapse team is aware of this situation and are investigating the unusual activity on their wallet and working to contact the provider. The team will update as more information becomes available.

It is worth mentioning that Synapse stated that there are no security vulnerabilities in its protocol or cross-chain bridge. However, according to TokenInsight data, the price of Synapse ($SYN) has fallen by 18.5% in the past 24 hours and is currently at $0.334291.

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