dYdx outline plans for full decentralization in late 2022
The blog post prompted participants of the platform to “trust code instead of corporations” in their pursuit of decentralization. Go to Source Powered by WPeMatico
dYdX
Auto Added by WPeMatico
Finance Redefined: AWS turns crypto exchanges offline, and Sushi CTO resigns, Dec. 3–10
An AWS outage sent shockwaves around the crypto industry, Delong left his role as Sushi CTO, and Coinbase opened a cryptography library — all coming to you in this week’s Finance Redefined. Go to Source Powered by WPeMatico
AWS outage hits dYdX raising concerns over decentralization
Traders could do nothing but wait on Dec. 7 when dYdX went down along with Binance.US and Coinbase due to an AWS problem. Go to Source Powered by WPeMatico
Solana-Based Drift Protocol Raises $3.8 Million — Project Reveals Drift Alpha Ticket NFTs
While the blockchain network Solana’s native token has skyrocketed in value this week jumping 31.4%, the Solana-based perpetual swap platform Drift Protocol announced it raised $3.8 million from strategic investors. At the same time, Drift announced the launch of its alpha mainnet after several months of “grind, hard work, debugging, building security guardrails.” Solana Perpetual … Read more
Finance Redefined: dYdX milestone and $1M DeFi bounty, Sept. 24–Oct. 1
DYdX volume tops Coinbase for the day, Cardano enables a new stablecoin, and a DeFi bounty hunter is highly rewarded — all coming to you this week in Finance Redefined. Go to Source Powered by WPeMatico
Dydx Trading Volumes Explode After Latest Chinese Crypto Ban
Dydx, a decentralized exchange, has seen its trading volumes explode in the last few days, surpassing other recognized decentralized exchanges like Uniswap and Pancakeswap. Some analysts have suggested this might be the result of the latest Chinese cryptocurrency ban causing China-based users to move their trading activities to these platforms. Dydx Bursts With Activity Dydx, … Read more
DYDX gains 80% in a week — What’s driving the DEX token rally?
Traders raised their bids for the decentralized exchange token, believing it would benefit from China’s decision to classify all crypto transactions as “illegal.” Go to Source Powered by WPeMatico
DeFi farmers boast about gaming dYdX airdrop as prices surge
DeFi farmers are claiming to have made hundreds of thousands of dollars by gaming dYdX ‘s recent airdrop. Go to Source Powered by WPeMatico
Derivatives DEX dYdX beats out Coinbase by volume amid China FUD
Chinese traders appear to be flocking to derivatives DEX dYdX amid concerns over a renewed crypto crackdown in China. Go to Source Powered by WPeMatico
Dydx Protocol Unlocks Airdrop Rewards; Users Get up to $50K
Dydx, a decentralized exchange, finally unlocked its airdrop rewards for users. Its governance token, dydx, was locked due to airdrop restrictions since the protocol announced its distribution on August 3rd. Since its release the price has skyrocketed, giving some of the more active users on the platform more than $50K worth of dydx. However, some … Read more
