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.

TL;DR Curve Finance launches scrvUSD, a new stablecoin designed to offer low-risk returns and enhance the scalability of its underlying stablecoin, crvUSD. scrvUSD generates returns through lending and staking strategies, providing users with interest derived from yield-generating activities.

The DeFi platform Curve Finance has announced the launch of a new stablecoin called "Savings crvUSD" (scrvUSD).

Ensuring that decentralized finance platforms and networks do not remain siloed is a key hurdle for DeFi applications to overcome.

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.

A fraudulent app impersonating Curve Finance has resurfaced on the Apple App Store, misleading users and causing massive financial losses despite previous removals, highlighting ongoing issues with app store security in the crypto space. The post Fake Curve Finance App Returns to App Store appeared first on Cryptonews.

A Curve Finance scam app resurfaced on Apple's App Store for the third time, continuing to deceive users with false claims of token swaps.

Despite repeated takedowns, the fake Curve Finance app has returned to Apple's App Store, with reports of user losses intensifying.

2025 will be TON's year of DeFi, and it has partnered with Curve Finance to support a competition to find early leaders.

2025 will be TON's year of DeFi, and it has collaborated with Curve Finance to support a competition to find early leaders.

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.

As centralized US dollar-pegged stablecoins continue to gain popularity, the potential for regulatory capture has grown.

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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.

A deceptive app imitating the DeFi platform Curve Finance recently surged in popularity on the Apple App Store, ranking within the top 100 finance apps as of Oct. 26.

Curve Finance is not new to scams, with previous fake apps targeting its user base. Users are urged to verify app sources to safeguard their cryptocurrency assets.

A counterfeit app replicates Curve's finance logo, putting users at risk.

A fake Curve Finance app has infiltrated Apple's app store, gaining popularity despite warnings from the community.

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.

The crypto market is currently valued at $2.36 Trillion and has started the 3rd week on a positive note by adding 0.68% to its valuation. Further, with Bitcoin price stabilizing above the $69,000 level, top blockchains have gained significant traction over the past few days.

dYdX surges 38%, bullish momentum continues as liquidity builds towards $2 target.

DYDX price noted a 32% increase on Sunday, fueled by the hype surrounding dYdX Day in Dubai. This surge attracted significant attention from investors.

The native token of dYdX, a decentralized trading platform, recorded an impressive rally despite the whale selloff. dYdX (DYDX) surged 29% in the past 24 hours and is trading at $1.28 at the time of writing.

On October 19 DYDX price was $0.96. However, in the last 24 hours, the native token of the decentralized protocol has jumped by 30%.

London, UK, 17th October 2024, Chainwire

This new platform allows you to place bets on whether Donald Trump will win or lose the election. It offers an interesting way to do so with leverage.

The decentralized finance (defi) platform Dydx has introduced a new prediction market allowing traders to speculate on Donald Trump's chances in the 2024 U.S. presidential election. The decentralized platform enables users to leverage positions in a perpetual trading market tied to election results.

The dYdX Foundation, a decentralized governance platform, has announced the launch of a Trump Prediction Market perpetual on the dYdX platform, according to the information disclosed to Finbold on Tuesday, October 15.

dYdX has launched Trump Prediction Market Perpetuals, enabling traders to leverage positions on Donald Trump's prospects in the 2024 US Presidential Election. The decentralized exchange introduced this market following a governance proposal approved by the dYdX community on Oct. 9.

This decentralized market allows traders to take long or short positions based on their predictions for Donald Trump's electoral prospects.

The dYdX Foundation has introduced a new derivatives product pegged to the outcome of the 2024 U.S. presidential election.