DYdX Founder Calls Foul Play In $9 Million Insurance Fund Loss | Bitcoinist.com

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Decentralized Exchange, DeFi, dYdX, Yearn.finance

Decentralized exchange (DEX) dYdX had to take out millions from its insurance fund to cover user liquidations on its platform. This action was forced after the recent liquidations in the Yearn.Finance (YFI) market. What Led To The $9 Million Insurance Fund Withdrawal? On Saturday, November 18, the Yearn.Finance’s governance token (YFI) witnessed a drastic 43% […]