dYdX, a decentralized exchange supporting the perpetual trading of top crypto assets, including ethereum (ETH) and bitcoin (BTC), has suspended the Layer-2 transfer feature.
dYdX in a recent statement today, announced that independent exchange Solana trades were now available in 'close only' mode. The firm's statement comes after the SOL ecosystem turned out to be among the big victims of the ongoing FTX collapse.
Cryptocurrency derivatives provider dYdX announced that it had restricted user accounts with a history of transactions with Tornado Cash. The exchange added that it is a compliant entity and thus moved against accounts violating United States law on illegal financial…
Next-generation derivates trading platform SynFutures has surpassed $3 billion in cumulative trading volume and 55,000 total users, data from Dune Analytics shows. SynFutures Continues to Witness Rising Adoption SynFutures’ $3 billion cumulative trading volume milestone comes merely four months after the platform’s open beta…
Cryptocurrency derivatives exchange dYdX is witnessing increased adoption after China regulatory concerns arise. dYdX Flips Coinbase in Trading Volume Layer-2 cryptocurrency derivatives trading platform dYdX has recently witnessed rising adoption among users, thanks to the regulatory crackdown on cryptocurrencies in…
Today, the dYdX Foundation launched DYDX, the governance token for the DeFi protocol. dYdX Foundation Unveils Governance Token The dYdX Foundation, an independent not-for-profit DeFi entity based in Zug, Switzerland today announced the launch of the highly-speculated DYDX governance token.…
Decentralized finance (DeFi) protocol bZx has clarified reports of lost funds from a malicious exploit of its Fulcrum trading platform stating that lenders were not affected by the incident. Friday’s protocol exploit has meanwhile ignited some debate over the degree…
Emerging as a central theme in 2019, DeFi took the crypto world by storm, championed by the likes of Maker, Compound, and dYdX. Industry insiders building these products still believe it is too early to predict the direction this nascent…
The much-awaited integration of Multi Collateral DAI (MCD) is finally upon us. As the clock counts down, projects across Ethereum’s DeFi stack are gearing up to support their favorite stablecoin. Amongst the known integrators are Compound, dYdX, Request Network, and…
Compound’s money markets have quickly become one of the most utilized dApps in all of crypto. The enthusiasm for the protocol has yet to die down, even as Moloch and SpankChain CEO, Ameen Soleimani, released a detailed overview of Compound,…
Just a month after Binance announced their foray into margin lending services, Coinbase has now confirmed they will allow customers to earn a fixed yield on their USDC deposits. Coinbase’s offering is not lending and just a savings account, giving…
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