dYdX Founder Calls Foul Play In $9 Million Insurance Fund Loss

dYdX Founder Calls Foul Play In $9 Million Insurance Fund Loss

Decentralized exchange (DEX) dYdX had to take out millions from its insurance fund to cover user liquidations on its platform. This action was forced after the recent liquidations in the Yearn.Finance (YFI) market. What Led To The $9 Million Insurance Fund Withdrawal? On Saturday, November 18, the Yearn.Finance’s governance token (YFI) witnessed a drastic 43% […]

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DYDX gains 80% in a week — What's driving the DEX token rally?

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Dydx Protocol Unlocks Airdrop Rewards; Users Get up to $50K

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Damning Revelation: Gary Wang Testifies FTX Faked Insurance Fund Data – Details

Gary Wang, the enigmatic co-founder and chief technology officer of the defunct cryptocurrency exchange FTX, provided an incriminating testimony during the ongoing criminal trial of Sam Bankman-Fried, marking the trial’s third day. Wang revealed in a shocking new statement that FTX’s purported $100 million insurance fund for 2021 was a fabrication and never held any of […]

Two-Year-Old Phemex Introduces SHIB, DYDX and FTM Spot Trading Pairs

Phemex, one of the globe’s most prominent crypto trading and investment platforms has further expanded its offering by listing three popular crypto assets. In its latest announcement, the platform stated that spot trading for Shiba Inu (SHIB), dYdX (DYDX) and Fantom (FTM) goes live on Nov 26, 2021. The trio, SHIB, DYDX and FTM have […]