The $270 million Drift exploit reveals a 6-month social engineering campaign by North Korea, shifting DeFi security concerns from code to human trust. Experts urge new threat models and operational security.
This article reviews the origin of airdrops and analyzes five popular protocols that have yet to issue tokens: ParaSwap, dYdX, OpenSea, Opyn, and MetaMask, exploring their airdrop potential and market impact.
dYdX community approves $10M USDC transfer from insurance fund to support DAO operations, with $7.5M allocated to sub-DAOs and $2.5M to foundation, marking a milestone in decentralized governance.
The dYdX community has approved a proposal to allocate $10M USDC from the insurance fund to support DAO operations, with funds directed to sub-DAOs and the foundation. The move balances growth with risk management, setting a precedent for sustainable DeFi treasury governance.
The dYdX community approved a proposal to allocate $10M USDC from the insurance fund to DAO operations, with $2.5M for daily activities, $5M for long-term initiatives, and $2.5M to the foundation. $7M remains as a safety buffer.
The Philippine SEC issued an investor alert against dYdX, Aevo, gTrade, Pacifica, Orderly, Deriv, and Ostium for operating without registration. Violators face up to 21 years imprisonment or PHP 5 million fine. This continues the country's crackdown on unlicensed CASPs, following blocks on Coinbase, Gemini, and Binance.
The Philippine SEC issued an investor alert against dYdX, Aevo, gTrade, and four others for operating without registration. Violators face up to 21 years in prison and fines of 5 million pesos. This is part of a broader crackdown on unlicensed crypto platforms.
10x Research says the latest CLARITY Act may affect DeFi more deeply than expected. A ban on stablecoin yield and similar rewards could extend to front ends and token models, potentially weighing on DEXs, lending protocols, liquidity, and token demand, while benefiting payment-focused infrastructure players.
