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Decentralized exchange DYDX said Wednesday that it would launch the public testnet of its Cosmos-based blockchain next week.

Trust in centralized exchanges declines, boosting interest in decentralized solutions. Uniswap and dydx witness surges in trading volume, however the tokens of both the protocols face challenges.

APT and DYDX, both, witnessed a price decline of at least 8% in the last 24 hours. However, a price decline and an increment in trading volume could be considered a common affair after token unlocks.

Binance came under intense pressure after the Securities and Exchange Commission (SEC) filed a lawsuit against the company and its Chief Executive. The lawsuit will likely have no major impact on Binance since it has no major presence in the United States.

The surge in DYDX comes as the SEC alleges BNB and BUSD – tokens belonging to centralized exchange Binance – are unregistered security offerings.

The conversation was initiated to promote more decentralization within the dYdX ecosystem ahead of its v4 upgrade.

Today's cryptocurrency landscape features Stacks (STX), Synthetix (SNX), Rocket Pool (RPL), dYdX, Tron (TRX), and Curve DAO Token (CRV) as the top gainers, while Immutable X (IMX), Flare (FLR), VeChain (VET), Hedera Hashgraph (HBAR), Maker (MKR), and Aptos (APT) have encountered losses.

Today's top gainers in the cryptocurrency market include Tron, USDD, TrueUSD, and BitTorrent. In contrast, the list of top losers features Internet Computer (ICP), Agile, Render Token (RNDR), dYdX (DYDX), Hedera Hashgraph (HBAR), and XinFin Network (XDC).

In the crypto market's dynamic landscape, some projects have made substantial gains, while others have faced notable losses. The top gainers for today include CSPR, HBAR, ICP, QNT, LEO, and NEXO, with WOO, INJ, DYDX, Cronos, CFX, and IMX coming up as the top losers.

Today's cryptocurrency market showcases a mix of projects experiencing notable gains and others facing significant losses. RDNR, INJ, CFX, dYdX, GRT, and FTM have emerged as the top gainers of the day, while ZIL, Cake, TON, XDC, and TUSD are the top losers.

Today's cryptocurrency market showcases a mix of projects experiencing notable gains and others facing significant losses. BitTorrent, Synthetix, GUSD, DAI, and Tether have emerged as the top gainers of the day, while AGIX, ICP, CFX, dYDX, and RPL are the top losers.

Like a simmering pot, dYdX appears inactive at first, but beneath the surface, a group of whales is stirring the dish, accumulating the token and potentially signaling exciting developments ahead.

Stablecoin issuer Paxos is the latest company to withdraw its services from the Canadian market while stating that it may return to Canada following possible cooperation with regulators.

A crypto strategist who nailed Bitcoin's (BTC) 2018 bear market bottom says that a trio of altcoins is giving warning signs for the rest of the crypto markets.

Cryptocurrency derivatives exchange dYdX is set to exit the Canadian market due to regulatory restrictions. The exchange will stop onboarding new Canadian users and move existing users to "close-only mode" over the next seven days, allowing them to only withdraw funds.

On 7 April, dYdX [DYDX] announced that the firm would begin the process of limiting access to its platform for users located in Canada. The first step involved suspending the onboarding of new users from the country.

Cryptocurrency derivatives exchange, dYdX, is withdrawing its services from Canada due to increased regulatory restrictions. The exchange will halt new user onboarding on April 7 and move existing users to "close-only mode" on April 14.

As part of its strategy to depart the market, cryptocurrency derivatives exchange dYdX has announced that it will be banning user accounts in Canada over the next week. dYdX announced its intention to “wind down services” in Canada in a blog post published on April 7.

In a big blow to Canadian users, dYdX has announced that its decentralized derivatives exchange would no longer be accessible to users in Canada.  According to the platform, trading support for customers will end on the 14th of April, 2023.

Cryptocurrency derivatives exchange dYdX has announced its exit from the Canadian market through a gradual process that restricts users in Canada from accessing their services over the next seven days.

The decentralized derivatives exchange, dYdX, announced on April 7 that it would no longer provide its services in Canada

The DYDX token took a hit after the decentralized exchange dYdX announced that it is winding down its services for Canadian users. The token had dropped to $2.44 before slightly recovering to trade at $2.50 at press time.

“We hope that the regulatory climate in Canada will change over time to allow us to resume services in the country," said the exchange.

The crypto derivatives exchange dYdX has announced that it will no longer offer its services to Canadian users, according to an April 7 blog post. The site said that Canadian users would not be able to join the exchange as of April 7.