dYdX founder: The recent insurance fund incident occurred on dYdX V3, not dYdX Chain
DYdX founder Antonio posted on X platform, stating: "One thing that needs to be clarified is that the recent insurance fund incident on dYdX occurred on V3, not on dYdX Chain. V3 has centralized components, but dYdX Chain does not. We help operate V3, but we do not help operate dYdX Chain. It is important to understand why we are taking these actions."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitcoin L2 Stacks Is Getting a Liquidity Boost From Velar: Here’s How
Anton Siluanov stated that settlements in the CFA will replace regular payments
Video Hosting Rumble Invests $20 Million in Bitcoin
Bitwise files S-1 registration for ETF tied to Bitcoin and Ether