Latest News

Decentralized exchange dYdX ($DYDX) will release a significant upgrade this autumn, introducing features like permissionless market listing, MegaVault, and permissioned keys.

dYdX chain plans to allow users to list a wide range of token markets without asking for governance approval.

dYdX announces the fall release of dYdX Unlimited, introducing permissionless market listing, MegaVault, an affiliates program, and more.

dYdX Chain will integrate Skip Protocol's Market Map this month, enhancing market parameters and ensuring safety. Governance vote required.

dYdX announces MegaVault, a feature enabling USDC deposits for liquidity provision and yield generation, with automated market-making strategies across various markets.

It breaks significant support $0.2185 after a long consolidation. It lost more than 20% from the previous days close and hit a fresh all-time low.

TL;DR The dYdX community has approved the distribution of $5 million in $DYDX tokens for traders, as part of Season 6 of the Chaos Labs Launch Incentives Program. A vote was held to update the RNDR-USD market parameters and to upgrade the Chain software to version v5.2.0.

Just months after Wormhole's airdrop in April, the cross-chain project will unlock a third of its token's circulating supply this month: 600 million tokens at a current value of about $180 million.

Decentralized finance (DeFi) relies on the power of its users. dYdX, with its commitment to community governance, stands out as a prime example.

dYdX, a prominent crypto exchange, announced on July 23 that its version 3.0 website had been compromised.

dYdX's domain suffered multiple DNS hijacking attacks due to vulnerabilities in Squarespace's OAuth and account recovery protocols, highlighting broader security concerns.

The developer of the decentralized finance (DeFi) exchange dYdX is reportedly negotiating the sale of its derivatives trading software for an undisclosed amount.

dYdX price, a layer-2 decentralized exchange operating on a proof-of-stake blockchain, has experienced a notable price dip in the past 24 hours. The token is trading in a descending trend following market corrections, indicating a bearish trend.

Decentralized cryptocurrency exchange dYdX announced that one of its on-chain trading services had been compromised after an attacker installed a token-draining program on dYdX v3's official website.

This incident is part of a broader wave of DNS hijacking attacks targeting DeFi platforms that use Squarespace for domain management.

Today, enjoy the Empire newsletter on Blockworks.co. Tomorrow, get the news delivered directly to your inbox.

TL;DR DYdX Website Restored After DNS Hijacking Attempt: On July 23, DYdX swiftly restored version 3.0 of its website following a DNS hijacking attempt. Users are advised to clear their cache and restart their browsers before visiting the site. Crypto Hacks in 2024: Hackers stole $542.

The exchange warned users to clear their browser's cache before visiting the website to avoid accidentally caching the compromised version.

dYdX's breach and WazirX's hack highlight crypto's security challenges, with DYDX declining over 4%.

dYdX Trading Inc. is exploring strategic alternatives for its v3 software to focus entirely on the decentralized dYdX Chain, emphasizing the ethos of DeFi.

While the US markets are not yet prepared for an Ether staking ETF, the European markets might lead the way by introducing the first staked exchange-traded fund.

Hackers targeted the websites of prominent decentralized finance (DeFi) platforms Celer and Compound Finance.

The dYdX Foundation (DYDX), a decentralized finance (DeFi) protocol, has released its 2024 Semi-Annual Ecosystem Report, highlighting substantial advancements and user participation in the first half of the year, as per the latest updates shared with Finbold on July 11.

Token unlock involves releasing tokens that were previously blocked under fundraising terms. Projects carefully schedule these releases to avoid market pressure and prevent a drop in token prices.