Wednesday , May 15 2024
Home / Tag Archives: Trades

Tag Archives: Trades

dYdX Bans ‘Highly Profitable Trading Strategies’ After Targeted Trades on Exchange

On the 17th of November, an unknown individual who may have been working as part of a team targeted the dYdX exchange and its YFI token. Allegedly, the same actor had previously tried a similar strategy on the exchange’s SUSHI market merely 2 weeks prior. Good Trades Or Malicious Intent? These trades, which the platform’s staff have classified as an attack, were done using a series of transactions that ultimately caused open interest on the exchange to surge by over $66...

Read More »