dYdX Founder Steps Down as CEO, Takes on Chairman Role
The founder of the decentralized exchange dYdX is stepping down as CEO after seven years of heading the crypto derivatives platform. In an official blog post, Juliano laid out his objectives for taking over as chairman and president of the business. Ivo Crnkovic-Rubsamen, the former operational partner of dYdX, will take over as CEO. Antonio […]
dYdX Takes Quick Insurance Action in Response to $9M Liquidation
Following a $9 million liquidation event, dYdX uses its insurance money, which initiates a significant inquiry into possible market manipulation. The well-known decentralized exchange dYdX has used its insurance fund to lessen the effects of a major liquidation event that impacted user positions valued at $9 million. The founder of dYdX, Antonio Juliano, ascribed these […]