dYdX introduces proposal for autonomous subDAO-based infrastructure

A proposal from the dYdX team asked the community to consider and vote on the formation an autonomous Operations SubDAO. The post dYdX introduces proposal for autonomous subDAO-based infrastructure appeared first on The Block.

Timeline of Dydx

Decentralized exchange dYdX has announced a new fiat on-ramp this week, utilizing a partnership with crypto ramping solutions firm Banxa. dYdX has primarily focused on exchange-rooted products for consumers, with recent expansion into new verticals.

Derivatives protocol dYdX announced on Monday that Charles d'Haussy will serve as the chief executive officer of the independent dYdX Foundation. The post dYdX hires former ConsenSys director as foundation CEO appeared first on The Block.

Decentralized exchange dYdX has been singed on social media over its identification request, which requires users to verify their identity through their webcam.  Only after identification would users be eligible to avail of benefits from a promotional offer the platform is running.

Citing “extremely overwhelming demand,” the decentralized trading platform dYdX has ended a deposit scheme promotion which required its users to verify their identity by webcam. The post dYdX Cancels $25 Deposit Bonus Campaign After Twitter Roasts Webcam ‘Liveness Check' appeared first on BeInCrypto.

dYdX has announced that it has canceled its deposit promo after a wave of backlash by members of its community. The derivates platform announced weeks ago that new members would be gifted $25 when they make their first deposit.

Decentralized exchange dYdX (DYDX) has discontinued its new $25 deposit promo citing “overwhelming demand,” and denied claims that the DEX now required users' verification. The post Crypto community lambasts dydx's new facial verification requirement appeared first on CryptoSlate.

The Ethereum-based trading protocol dYdX has ended its short-lived campaign today. The decentralized exchange has cited the overwhelming demand for its $25 deposit bonus promotion, as the reason for the immediate closure of this promotional campaign.

Decentralized exchange (DEX) dYdX confirmed it had blocked customer accounts associated with Tornado Cash to comply with United States sanctions. The post Decentralized exchange dYdX blocks user accounts associated with Tornado Cash appeared first on CryptoSlate.

U.S. Treasury Department's move to blacklist Tornado Cash is still causing havoc in the cryptocurrency community. After discovering that some of its users had connected with Tornado Cash late on Wednesday, the decentralized derivatives exchange dYdX acknowledged that it had been impacted by the restriction.

Tornado Cash, often known in the crypto money industry for news of attacks and fraud, has recently received a hard blow from the US Treasury Department. While the Ministry imposed sanctions by adding Tornado Cash to the backlist, many companies followed his practice.