The dYdX Foundation has announced that a community vote on whether the crypto project can upgrade the dYdX Chain to version 8.0 is now live.

LDO and DYDX are among the top gainers in the past 24 hours as cryptocurrencies look to end the year on a high. This is amid expectations of a further bull market rally in 2025, buoyed by a pro-crypto Donald Trump administration.

The decision was finalized through a community vote, as dYdX proves once again the strength of its decentralized governance model.

A significant whale transaction caught the crypto community's attention. A whale, using the wallet address “0x972,” made a massive swap, shifting from Uniswap (UNI) tokens to DYDX, the native token of the decentralized exchange (dYdX).

Sushi Labs managing director Jared Grey is outlining what's next for the multichain decentralized exchange (DEX) SushiSwap (SUSHI). Grey notes on the social media platform X that the Sushi decentralized autonomous organization (DAO) passed a comprehensive governance overhaul in April that will use a “multi-token ecosystem mandate to launch new Sushi products.

DYDX's price action over the next few days could be very interesting.

SUSHI has soared by 22% following the announcement of the 'Treasury Diversification Proposal.

SushiSwap (SUSHI) token recently reached a yearly high of $2.64, capturing significant attention in the crypto market before undergoing a slight correction to $2.26 at press time, credited to the profit-taking behaviour of investors.

SushiSwap's 2025 roadmap expands with products like Kubo, Susa, and Blade, aiming to improve DeFi with cross-chain integration.

TL;DR Sushi DAO plans a 2025 of expansion with new products such as Wara, Susa, Kubo, and Blade to improve trading and expand its reach. The platform aims to expand beyond Ethereum, focusing on Solana and other blockchain ecosystems to strengthen its presence.

Sushi's DAO's CEO, Jared Grey (aka head chef), took to X (formerly Twitter) to share Sushi's plans for 2025 as well as the project's accomplishments in 2024. In April 2024, Sushi DAO, the community governance structure behind SushiSwap, a decentralized exchange (DEX) on the Ethereum blockchain, implemented a far-reaching governance overhaul.

Sushi DAO plans to diversify Sushi treasury tokens from 100% SUSHI to a mix of 70% stablecoins, 20% blue-chip tokens, and 10% DeFi tokens.

Sushi DAO, the organization governing the Sushi Swap decentralized exchange, has proposed diversifying its treasury assets. Under the proposal, Sushi's treasury will go from 100% SUSHI tokens to a mix of stablecoins and other assets.

Kraken has announced upcoming listings for several tokens on December 11 and 12. The exchange will introduce FWOG (FWOG), GOAT (GOAT), and SPX (SPX) on December 11.

Kraken has announced upcoming listings for several tokens on December 11 and 12. The exchange will introduce FWOG (FWOG), GOAT (GOAT), and SPX (SPX) on December 11.

TL;DR dYdX price rises 24% after David Sacks is appointed as AI and crypto “Czar” at the White House. Trading volume increases by 270%, reaching $453 million, and its market capitalization rises to $1.5 billion. Craft Ventures' investment in dYdX and Sacks' appointment as “Czar” generate strong bullish sentiment, with net investment flows surpassing $2.

Today, Bitcoin's price experienced a significant drop from its $100K level, while the altcoin market remained strong. Among the standout performers, the price of dYdX soared over 35%, reaching the $2.5 resistance mark. Triggered by increasing demand and positive news, analysts are bullish that the dYdX price may soon surpass the $3.2 resistance level.

Following the appointment of David Sacks as AI and crypto czar, DYDX saw a 35% price rally, with daily trading volumes surging by 168%, amid links to Sack's venture capital investment firm.

DYDX, the native token of decentralized trading platform dYdX, has become the top-performing altcoin in the last 24 hours. According to CoinGecko, DYDX rallied to this peak after the price increased by 30%.

DYDX, the native token of the decentralized trading platform dYdX, recorded an impressive rally on Nov. 6 following reports of it being backed by Trump's newly appointed White House cryptocurrency advisor.

Popular decentralized exchange (DEX) dYdX — currently offering perpetual trading options for over 35 popular cryptocurrencies — is set to unveil its most ambitious upgrade yet. Labeled ‘dYdX Unlimited,' the update will feature a number of comprehensive enhancements that promise to offer traders increased flexibility while simultaneously providing them with new passive income streams.

November started off very well, with many cryptocurrencies, including Bitcoin, forming new all-time highs. Amidst the chaos, however, some altcoins are getting sidelined and hold the potential to note gains.

As the tectonic plates shift in the crypto market, the bulls are on the cusp of starting an altcoin season. Amid this, the DeFi Tokens, mainly DEX tokens, can find an opportunity to reclaim 2021 levels. The native token of Sushiswap, SUSHI, shows such potential if the market turns favorable.

The CEO of the dYdX Foundation sees parallels between the internet of the 1990s and where Decentralized Finance (DeFi) is today.

The move is meant to allow the platform to shift back to its core vision as it faces a competitive market.

dYdX Trading, the company behind the decentralized exchange platform, recently announced it has let go of 35% of its workforce.

dYdX announces a strategic shift back to startup mode, aiming to reignite innovation and agility. The decision follows recent layoffs and a re-evaluation of the company's operational structure.

Charles d'Haussy CEO dYdX Foundation told CryptoNews he sees a convergence in centralized exchanges (CEXs) and decentralized exchanges (DEXs) and noted that only 5% of perpetuals are currently traded on-chain. The post dYdX Sees Convergence of CeFi and DeFi and Plans to Launch ‘dYdX Unlimited' appeared first on Cryptonews.

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Dydx, the decentralized finance platform, has announced a significant restructuring, with CEO Antonio Juliano revealing the difficult decision to lay off 35% of its core team as part of a strategic shift to align with the company's evolving goals.

dYdX's major layoffs and declining TVL highlight ongoing market pressures, with a mixed response from investors reflected in DYDX's fluctuating price.

Antonio Juliano, the founder of decentralized derivatives exchange dYdX, has announced a 35% reduction in the company's core workforce. Interestingly, this news has not affected the price of dYdX.

Decentralized exchange platform dYdX has announced a 35% reduction in its workforce as it embarks on a strategic overhaul led by returning CEO Antonio Juliano. Juliano, who resumed leadership on October 10 after a six-month hiatus, cited a need for a leaner, more focused team to steer the company through mounting industry challenges.

dYdX has announced the departure of several team members, including members of the core team.

dYdX's layoff decision was a realisation that the company is different from the company dYdX must be. The post DeFi Exchange dYdX Follows Consensys in Layoff Spree, Cuts Workforce by 35% appeared first on Cryptonews.

The decentralized crypto exchange laid off more than a third of its workforce on the same day Ethereum development firm Consensys cut 162 employees.

The decentralized derivatives platform dYdX recently announced that it had laid off 35% of its workforce, including core team members. Despite the workforce reduction, the price of the platform's native token, dydx, rose by 5.56%, as traders reacted positively to the restructuring news.

DYDX, the firm that is developing an on-chain crypto derivatives exchange has let go of 35% of its core team. Chief executive officer Antonio Juliano announced on Tuesday that the decision was essential to align the company's structure with its evolving needs.

"The company we've built is different from the company dYdX must be," said the CEO.

CEO Antonio Juliano, who announced the redundancies, recently rejoined the firm after a six-month sabbatical.

dYdX has announced a 35% workforce reduction as part of a strategic shift. The move is aimed at restructuring the company for future growth.

This week's Crypto Biz also explores Tesla's Bitcoin holds, Avalanche's Visa card, Core Scientific's billionaire deal with CoreWeave and Chainlink's pilot for corporate databases.

The cryptocurrency market continues to recover, with Bitcoin holding steady at around $69,000 and Ethereum reclaiming the $2,700 mark, investors are buzzing with excitement. Many analysts believe we are on the cusp of a significant Altcoin Season, where mid-cap and small-cap altcoins could see explosive growth.

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DYDX has experienced a remarkable increase, gaining over 38% in the last 24 hours. This impressive performance has positioned it as the second-best performing cryptocurrency among the top 100 by market capitalization, according to Coin Market Cap.

TL;DR Enhanced Liquidity: Sushi's ‘Super Swap' roadmap aims to improve liquidity across over 35 blockchain networks, ensuring seamless and efficient transactions. Ecosystem Growth: The roadmap focuses on integrating various blockchain networks, simplifying user access, and driving ecosystem growth by attracting more users and developers.

DEX SushiSwap unveiled a roadmap for its future development, promising to “Swap Everything”. The announcement particularly focused on their new Route Processor technology, and how it will impact users.

Sushi expands cross-chain presence with Route Processor technology across 35+ networks, enabling optimized trading routes and deep liquidity access.