DeFi to Have ‘Walled Garden’ Moment as Internet of Money Matures: dYdX’s D’Haussy
The CEO of the dYdX Foundation sees parallels between the internet of the 1990s and where Decentralized Finance (DeFi) is today.
dYdX
DYdX CEO Juliano Fires 35% of Workforce and Promises Pivot
“The company we’ve built is different from the company dYdX must be,” said the CEO.
The Protocol: Ethereum ETFs Aren’t Blockchain, but Buyers Ape In
As Bitcoiners descend on Nashville for a big annual conference, we’re covering robust demand for new Ethereum spot exchange-traded funds (ETFs) and recapping the $230 million WazirX hack.
DeFi Giant dYdX Says Its v3 Platform Is Compromised – Just as It’s Reportedly Up for Sale
dYdX founder Antonio Juliano (dYdX)
dYdX Foundation Requests $30M Budget, Pledges to Issue Annual Spending Report
The Foundation wants to preserve an 18-month runway through at least mid-2026.
dYdX Tops Uniswap as Largest DEX by Volume
The decentralized exchange, which last year moved over to the Cosmos blockchain, just saw $757 million of volume over a 24-hour period.
Altcoin Rally Cools as Massive $650M Worth of Token Unlocks Loom Over Crypto Market
Several major alternative cryptocurrencies including DYDX, Optimism (OP) and SUI dropped sharply as massive token unlocks weighed on prices.
The Protocol: Ethereum Struggles With Sprawl as Optimism Airdrops $27M
Last week marked the one-year anniversary of Ethereum’s historic “Merge” – the shift to a more energy-efficient proof-of-stake network. But in some ways the largest smart-contract blockchain has become a victim of its own success: Staking is so popular that the number of network validators is mushrooming toward 1 million, introducing new concerns related to the sprawl. We discuss how Ethereum developers are addressing the issue with the EIP-7514 proposal.
DYdX Proposal to Slash Token Issuance Wins Early Support
In theory, this could boost the price of DYDX, based on the basics of supply and demand.
Decentralized Exchange dYdX Launches Public Testnet on Cosmos
The DEX said users can now trade bitcoin and ethereum on the public testnet.