Coinbase CEO Backs Crypto Derivatives Exchange DydX
DYdX, an in-development decentralized exchange for cryptocurrency derivatives, has raised an undisclosed amount in a seed funding round.
Volatility amid the COVID-19 pandemic has proven attractive to traders.
So many people were trying to use the Ethereum blockchain during Thursday’s market meltdown that many applications simply stopped working as intended.
Andreessen Horowitz-backed dYdX released its Bitcoin Perpetual Contract out of private alpha on Wednesday, bringing a key BTC derivatives product to DeFi.
Are two recent attacks taking advantage of "flash loans," low liquidity and price oracle issues the first of more to come?
Coinbase is launching a new effort to grow the DeFi ecosystem, starting with USDC investments in Compound and dYdX.