Tag Archives: Dydx

This shift denotes a substantial evolution for the project, moving it to a standalone Cosmos-based blockchain after previously relying on Ethereum Layer 2 scaling solution StarkEx. dYdX Chain has marked a major milestone by officially launching its mainnet as an independent Cosmos Layer 1 blockchain. This launch, which occurred with the creation of the genesis block by validators on October 26 at 1 p.m. EST, represents a monumental step forward for the leading decentralized derivatives...

The decision coincides with the announcement of stricter crypto regulation by the Canadian Securities Administrators (CSA). As crypto regulation broadens in Canada, blockchain infrastructure platform Paxos has announced plans to shut down its operations in Canada. In a statement published on the company website, the firm advised its Canadian customers to begin withdrawing any funds from their accounts. “Beginning June 2nd, you will no longer be able to transact from your Paxos account,” it...

Ethereum Optimism Airdrop: Token für Alle? Ethereum Optimism ist eine Lösung rund um die Skalierbarkeit von Blockhchains. Um die Transaktionskosten im Ethereum Netzwerk zu senken, buhlen Skalierungslösungen wie Arbitrum oder dYdx (DYDX) um die Gunst der Investoren. Auch Optimism bündelt Transaktionen und senkt die Gebühren um das bis zu 20-fache. Die verwendete „Optimistic-Rollup-Technologie“ überzeugt. So sind momentan rund 690 Millionen...

Coinbase is one of the largest cryptocurrency exchanges in the world. There’s no denying that, but sometimes, even the big dogs can be outdone by little pups as Dydx has shown. Dydx Is Looking to Be the Best of the Best Dydx is one of the globe’s newest crypto trading platforms. The company is only about four years old, and yet its daily trading volume is larger than anything Coinbase has experienced in recent days. Based in San Francisco, CA, Dydx recorded a trading...