Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy
dYdX founder: The recent insurance fund incident occurred on dYdX V3, not dYdX Chain

dYdX founder: The recent insurance fund incident occurred on dYdX V3, not dYdX Chain

CointimeCointime2023/11/20 16:03
By:Cointime

DYdX founder Antonio posted on X platform, stating: "One thing that needs to be clarified is that the recent insurance fund incident on dYdX occurred on V3, not on dYdX Chain. V3 has centralized components, but dYdX Chain does not. We help operate V3, but we do not help operate dYdX Chain. It is important to understand why we are taking these actions."

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Terraform Labs to Launch Claims Portal for Creditor Reimbursements

Terraform Labs has announced that its Crypto Loss Claims Portal will open on March 31, 2025, allowing creditors to file claims for losses related to the collapse of TerraUSD (UST) and its aftermath.

DeFi Planet2025/03/30 02:11
Terraform Labs to Launch Claims Portal for Creditor Reimbursements

Circle Launch USDCKit Simplified USDC Payment Integration

Circle has released USDCKit, a new tool intended to simplify the integration of USDC payments for businesses.

DeFi Planet2025/03/30 02:11
Circle Launch USDCKit Simplified USDC Payment Integration

Ethereum Price Dips: Potential Drop to $1,000?

Bitcoininfonews2025/03/30 00:33