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 retreats from $102K high amid hot job data and Federal Reserve projections
Bitcoin gurus see these BTC price levels hitting next as $100K holds
XRP market cap of $500B 'possible' within 6 weeks, says veteran trader
Market Expert Predicts Significant Bitcoin Correction Ahead