dYdX Follows OKX's Footsteps, Shutting Down User Access in Canada
Decentralized exchange dYdX has announced that it will wind down user access from Canada, citing regulatory concerns as the primary reason.
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Decentralized exchange dYdX has announced that it will wind down user access from Canada, citing regulatory concerns as the primary reason.
Decentralized exchange dYdX has announced that it will stop offering its services to clients based in Canada. The country's regulatory climate has been blamed for this decision.
Ethereum-based decentralized finance (DeFi) protocol dYdX is closing operations in Canada. According to an official announcement, users in this country will be unable to open new accounts starting today, April 7th, at 17:00 UTC.
dYdX announced Friday that its decentralized derivatives exchange would no longer be accessible to Canadian customers.
The dYdX token, currently trading for $2.45 has slid over 5.4% in the last 24 hours.
Decentralized derivatives platforms GMX and dYdX battle for the top DEXspot with each planning significant improvements for this year.
Leading projects are set to unlock millions of tokens this month. Previous token unlocks have been bearish in the short term.
Decentralized finance (DeFi) has been one of the hottest topics in the cryptocurrency industry for the past year, with decentralized exchanges (DEXs) at the forefront of the movement. One DEX that has recently been gaining traction is dYdX, and its associated dYdX token.
dYdX (DYDX) has seen a significant spike in negative sentiment according to social data from Blockchain forensics platform Santiment. Since the spike in negativity happened on March 28, DYDX has seen a price increase of close to 7%.
In a recent video analysis, tom crypto analyst Tom Busby identified five altcoins that he believes will dominate in April: dYdX, Polygon, Zilliqa, XRP, and Ethereum.
Leading perpetual contracts trading platform dYdX [DYDX] announced the completion of the third of five milestones toward the eventual launch of its dYdX V4 blockchain.
The dYdX (DYDX/USD) crypto price moved sideways as the developers move close to full decentralization. The token was trading at $2.40, which was slightly above this week's low of $2.14. It remains about 35% below the highest level this year.
dYdX has announced the launch of its private testnet on Cosmos. The DeFi exchange is expecting to launch its mainnet by September 2023.
After SushiSwap, DeFi exchange dYdX is also making the leap to Cosmos, citing slow transaction speeds on Ethereum.
DYDX is launching a private testnet of its Cosmos-based blockchain, which will be open to some external parties for the first time.
The dYdX community has voted in favor of a proposal that seeks to slash the DEX's trading rewards by 45%. The approval sent native token dYdX soaring by over 21%.
DYDX token, the native token of the decentralized exchange of the same name, has surged by 26.88% on Monday after a governance vote had been passed to reduce trading rewards by 45%.
Cryptocurrencies have long been feared for their volatile nature. However, it's a characteristic that draws investors to this realm with a magnetic allure.
An increasingly popular crypto strategist believes that two decentralized finance (DeFi) tokens could be gearing up for breakouts. Pseudonymous analyst Cantering Clark tells his 161,400 Twitter followers that DYDX, the native asset of decentralized exchange (DEX) dYdX, is trading above a key support level at around $2.
BeInCrypto looks at five biggest altcoins losers in the entire crypto market this week, specifically from Feb. 17-24.
Decentralized exchange dYdX is about to release a stack of tokens in a scheduled unlock event. How will the prices of its native token react?
DYDX made enormous gains in January. Like the rest of the altcoin market, the birth of the new year brought a rally that has lasted close to six weeks.
Bitcoin (CRYPTO: BTC) traded lower, falling below the key $22,000 level on Friday. Ethereum (CRYPTO: ETH) also recorded losses, dropping below the $1,600 mark this morning.
These 5 altcoins struggled to increase even though the crypto market was bullish.