DYdX community to vote on 2K payout proposal following outage

DYdX community to vote on $462K payout proposal following outage

The eight-hour outage occurred during the largest liquidation event in crypto history, prompting dYdX to propose community-governed reimbursements from its insurance fund. Decentralized exchange dYdX released a post-mortem and community update detailing plans to compensate traders affected by a chain halt that paused operations for roughly eight hours during last month’s market crash. The exchange…

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Here’s what happened in crypto today

Here’s what happened in crypto today

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto, Visa launched a stablecoin pilot using USDC and EURC to enable real-time cross-border payouts, the US Securities and Exchange Commission (SEC) said it won’t…

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