dYdX founder claims targeted attack led to $9M insurance claim

by Aurelia Butler 18 November 2023, 19:40 189 Views

Based on reports from the dYdX team on X (formerly Twitter), the v3 insurance fund was used “to fill gaps on liquidations processes in the YFI market.” The Yearn.Finance (YFI) token dropped 43% on Nov. 17 after soaring over 170% in the previous weeks. The sudden price crash raised concerns within the crypto community about a possible exit scam.

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Source: Cryptocurrency - investing.com

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dYdX founder claims targeted attack led to $9M insurance claim

Exclusive-Germany, France and Italy reach agreement on future AI regulation

Legendary value investor’s firm launches new fund targeting ‘quality’ stocks

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