dYdX DEX and YFI Token Hit by $9 Million Targeted Attack – Here’s What Happened

Image Source: Unsplash Decentralized exchange dYdX has used its insurance fund to cover losses amounting to $9 million resulting from a “targeted attack” against the exchange. In a Saturday post on X (formerly Twitter), the dYdX team said that the v3 insurance fund was deployed “to address gaps in the liquidation process within the YFI The post dYdX DEX and YFI Token Hit by $9 Million Targeted Attack – Here’s What Happened appeared first on Cryptonews .