Crypto users push back against dYdX promotion requiring face scan
“No matter the cause, this is an absolutely horrible idea and you should walk this back immediately,” said Adam Cochran, a general partner at Cinneamhain Ventures.
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“An Absolutely Horrible Idea”: Crypto Community Slams dYdX Webcam Checks
The decentralized derivatives exchange recently came under fire for blocking some accounts linked to Tornado Cash following the Treasury Departments ban. It reneged on the blocks days later. dYdX Scores...
dYdX confirms blocking (and unblocking) some accounts linked to Tornado Cash
The platform said it has used compliance vendors to scan for and flag accounts potentially associated with illicit activities, including sanctions lists for many countries.
dYdX Confirms It Complied With Treasury’s Tornado Cash Ban
Tornado Cash was added to the Office of Foreign Assets Controls sanctions list this week. dYdX Caught Up in Tornado Cash Ban The U.S. Treasury Departments decision to blacklist Tornado...
With the bear market in full throttle, crypto derivatives retain their popularity
"Derivatives provide opportunities to protect their portfolios during times of heightened market volatility," says Emerson Li, brand lead at BingX.
dYdX moves to Cosmos-based blockchain for v4 to optimize decentralization and trading flow
The protocol chose Cosmos as the best fit as it would not only need decentralization but also the ability to handle and scale 1,000 orders per second.
dYdX releases an app: Why haven’t more DeFi protocols followed suit?
Perpetual contract trading platform dYdX has launched an app for users outside of the U.S. that will offer the same functionality as its website.
Metrics Show Decentralized Exchange Volumes Continue to Slide This Year
Decentralized exchange (dex) volumes have been dropping since December 2021 according to current statistics. However, last month dex trade volumes spiked 2.37% higher than the volumes recorded in February. Despite…
Derivatives exchange dYdX to become ‘100% decentralized by EOY’
dYdX said that it is looking at full decentralization to offer its users advantages of DeFi that centralized services can’t.
‘100x Lower Than L1 Fees’ — Alchemy Integrates Ethereum L2 Product Starknet to Increase Web3 Scalability
According to the startup Starkware, the team’s Ethereum layer two (L2) service Starknet has been integrated by the blockchain API and node service Alchemy. Developers can now leverage Alchemy’s infrastructure…