dYdX released a post-mortem analysis of the SUSHI and YFI incidents, saying that the responsible persons had been tracked down and reported to law en
DYdX has released a post-analysis of the significanT price fluctuations of SUSHI and YFI on dYdX v3, successfully tracked down the responsible parties and reported to the law enforcement department. dYdX is assisting the law enforcement department in investigating this matter and evaluating all legal options.
In addition, dYdX stated that risk control updates have been made to dYdX v3, including: modifying the margin of low liquidity markets; the initial margin ratio will automatically adjust when abnormal activity occurs, which will affect the ability to withdraw unrealized profits but will not affect the liquidation price; improved monitoring and alerts for open contracts, especially over long periods of time.
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
Announcement of Bitget spot bot on adding 2 new trading pairs
We are pleased to announce that Bitget spot bot has now added: KOMA/USDT, AIXBT/USDT. Reference 1. Spot grid 2. Crash course on Spot Grid Disclaimer Despite high growth potential, cryptocurrencies still face high risks and volatility. You are strongly advised to do your own research as you invest a
Groundbreaking and Affordable: Why These Cryptos Under $1 Are Gaining Traction
Four High-Yield Altcoins to Watch as They Outshine in a Bear Market
Golden Cross and Cup & Handle Predict Major Upside for JASMY