Tag: dydx

Sep 18 2022

Top Decentralized Platforms (DEX) for Crypto Trading

Decentralized platforms for trading are extremely popular in the crypto market, and for a good reason. These are, first and foremost, non-custodial, meaning that you are always in control of your funds. You’ll also find a much larger selection of crypto assets — and you can trade these for lower fees. Decentralized Exchanges (DEXs) have been growing in popularity for these reasons and...

Sep 02 2022

Crypto community lambasts dydx’s new facial verification requirement

Sep 02 2022 Published at CryptoSlate under tags  defi dex dydx

Decentralized exchange dYdX (DYDX) has discontinued its new $25 deposit promo citing "overwhelming demand," and denied claims that the DEX now required users' verification. Due to extremely overwhelming...

Ethereum Community Doubts dYdX’s Decentralized Nature After This Controversy

Sep 02 2022 Published at Coingape under tags  dydx ethereum news

The Ethereum-based trading protocol dYdX has ended its short-lived campaign today. The decentralized...

dYdX derivatives exchange ends first deposit bonus

Sep 02 2022 Published at Coinscreed under tags  bonus derivative exchange dydx news

According to what was due to extremely overwhelming demand, derivatives exchange dYdX has canceled its first deposit bonus of $25 to customers. The controversial $25 first deposit bonus promotion from decentralized cryptocurrency exchange dYdX has terminated, the company has announced, following a wave of criticism over its need for new members to use face recognition […] The post...

Sep 01 2022

“An Absolutely Horrible Idea”: Crypto Community Slams dYdX Webcam Checks

Sep 01 2022 Published at Crypto Briefing under tags  defi dydx news

The decentralized derivatives exchange recently came under fire for blocking some accounts linked to Tornado Cash following the Treasury Departments ban. It reneged on the blocks days later. dYdX Scores...

Aug 19 2022

dYdX Review 2022 – Features, Fees, and Security

What is dYdX Exchange?What is DYDX Token?Can US citizens trade on dYdX? DeFi (Decentralized Finance) has given a new perspective to how financial services could exist in a decentralized, non–censored ecosystem. The industry is still developing, and it is expected to give traditional...

Aug 11 2022

dYdX confirms incorrectly blocking user accounts linked to Tornado Cash

Aug 11 2022 Published at Coinscreed under tags  dydx news tornado cash

Crypto derivatives platform dYdX said that it incorrectly suspended and barred some users who had never directly interacted with Tornado mixer. The derivatives platform suspended some accounts after the Office of Foreign Assets Control of the US Treasury Department added Tornado Cash to its list of Specially Designated Nationals (SDNs), according to a blog post […] The post...

dYdX Confirms It Complied With Treasury’s Tornado Cash Ban

Aug 11 2022 Published at Crypto Briefing under tags  dydx news tornado.cash

Tornado Cash was added to the Office of Foreign Assets Controls sanctions list this week. dYdX Caught Up in Tornado Cash Ban The U.S. Treasury Departments decision to blacklist Tornado...

Jul 18 2022

Chain Migrations to Cosmos

Jul 18 2022 Published at Altcoin Buzz under tags  cosmos defi dydx

On June 22, 2022, dYdX, a popular derivatives exchange, announced that it will be setting up its own chain in the Cosmos ecosystem. This will be part of dYdX's V4 update, currently due for release by end of 2022. Today, we look at what this chain migration means for Cosmos and its ecosystem. Also, we review its standing in the interoperability space. Now,...

Jul 01 2022

Is ATOM In A Good Position For Another Pump?

Jul 01 2022 Published at Altcoin Buzz under tags  cosmos dydx technical analysis

In the upcoming months, Cosmos will roll out a brand-new function called interchain security. Certain application-specific chains can use the Cosmos Hub to secure themselves thanks to interchain security. Cosmos, a blockchain ecosystem with over 200 blockchains, allows developers to create new application-specific chains if they can manage their own...

Jun 23 2022

Cosmos (ATOM) Price Soars 12%, Is It About To Break Resistance?

Jun 23 2022 Published at Coingape under tags  altcoin news cosmos (atom) dydx news

The price of $ATOM, the Cosmos blockchain's native token, is up by about 12 % to $7.64. Since the big announcement by crypto derivatives exchange, dydx, to build its V4 blockchain on the Cosmos platform, there seems to be a lot of enthusiasm for $ATOM. ATOM is now poised to breach a resistance level of...

Jun 22 2022

dYdX V4 To Be Developed In Cosmos Ecosystem

Jun 22 2022 Published at Coingape under tags  blockchain dydx news

dYdX, a famous crypto derivatives exchange, has announced that it will be developing dYdX V4 on a standalone Cosmos based blockchain and Tendermint Proof-of-stake consensus protocol. DYDX price up by 7% Exchange mentioned that it will feature a fully decentralized, orderbook, off chain, and matching engine. The exchange claimed that it will be capable of...

Jun 18 2022

dYdX Clears the Air on its Investor 3AC, States Three Arrows Capital’s Situation Does Not Affect its Liquidity and Operations

Summary: Three Arrows Capital was an early investor of dYdX. The team at dYdX has released a statement clarifying that the project is unaffected by the financial situation facing Three Arrows Capital. Nexo's co-founder has also clarified that they have zero exposure to Three Arrows Capital. The ongoing insolvency facing Three Arrows Capital due to the crypto hedge fund being liquidated to the...

Apr 25 2022

dYdX Faces Censorship and Centralization Criticism for Blocking User Accounts

dYdX is facing criticisms of centralization and censorship from the crypto community over recent blockings. A few users have been sent messages saying that they have been permanently blocked for jurisdictional reasons. Executives from Starkware, associated with dYdX, are looking into the matter, saying that it was weird and unexpected. Decentralized exchange dYdX is facing criticisms of centralization and censorship as users and...

Jan 27 2022

dYdX Exchange to Launch Hedgies NFT Collection

Jan 27 2022 Published at Altcoin Buzz under tags  dydx nft product release & updates

Decentralized derivatives exchange dYdX has become the latest to venture into the non-fungible token (NFT) space. The popular DEX announced the launch of its own NFT collection on January 26. The collection is called "Hedgies" and will consist of 4,200 unique avatars...

Dec 25 2021

ConsenSys: Meet The Top Performing Layer 2 Solutions

ConsenSys, a blockchain firm that offers developer tools alongside enterprise solutions, has announced the top-performing layer two solutions in its recently third-quarter web report. Layer 2 solutions help scale the Web3 landscape and attempt to reduce the cost of transactions on Ethereum. Therefore, rollups have shown major prospects in providing...

Dec 09 2021

“Decentralized” exchange dYdX suffers outage

Dec 09 2021 Published at CryptoSlate under tags  amazon binance coinbase dydx exchanges

While crypto enthusiasts would want the world to believe that projects in the space, especially those in decentralized finance (DeFi) have little to no use for centralized intermediaries, the recent outage of one of Amazon’s server in US-East-1 region has again brought the question “how decentralized are decentralized finance projects?” to the fore again. dYdX suffers outage On Tuesday,...

Oct 15 2021

Report: America, not Asia, is leading in DeFi usage and DEX activity

Oct 15 2021 Published at CryptoSlate under tags  analysis binance china defi dydx

A new Chainalysis report has revealed that thanks to growth in the DeFi space, North America is now the second-largest crypto market in the world while the dominance of East Asia has dropped significantly as it now ranks fourth in the world. Defi pushing North...

Oct 12 2021

Oct 06 2021

These 3 Cryptocurrencies Have Renewed Their All-Time Highs in the Last Week

With Bitcoin reaching $50,000 once again and the overall market sentiment turning bullish, we are taking a look at crypto-assets that have managed to surpass their previous peak valuations and reach new heights.

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