dYdX Hit by  Million Insurance Fund Breach Amid Alleged YFI Market Manipulation

dYdX Hit by $9 Million Insurance Fund Breach Amid Alleged YFI Market Manipulation

Decentralized exchange dYdX grapples with a significant loss from its insurance fund following a sophisticated attack targeting the Yearn Finance (YFI) token market. Posted November 19, 2023 at 10:11 am EST. The decentralized cryptocurrency exchange dYdX has reported a significant security breach resulting in a $9 million loss from its insurance fund. The incident, which…

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