It is rumored that dYdX will sell dYdX V3! Market maker Wintermute interested in bidding

This site (120btC.coM): Bloomberg reported that dYdX, the leading perpetual contract DEX, reported that it intended to sell its dYdX V3 software to buyers such as market maker Wintermute. Subsequently, the dYdX V3 website was attacked. Fortunately, it is still No user losses were reported.

dYdX is considering selling the dYdXV3 software

The report quoted people familiar with the matter as saying that dYdX Trading, the developer behind dYdX, is negotiating with market makers and venture capital companies to sell its V3 agreement.

It is reported that potential buyers include well-known crypto market maker Wintermute and venture capital Selini Capital.

dYdX only stated in a statement this morning that dYdX is exploring "strategic alternatives" related to V3 technology, excluding Ethereum smart contracts or other technologies governed by utility tokens, while DYDX tokens hold Investors still need to vote and approve "any modifications to the V3 smart contract": Even though the V3 software has been widely praised, we believe that dYdX Chain better represents the vision of dYdX Trading and the spirit of DeFi, so we will be committed to the software development.

It claimed there was no vulnerability two weeks ago, but now it is under attack

Not long after the news of the potential sale was released, dYdX tweeted that its dYdX V3 website had been attacked, calling on users not to click on suspicious links and emphasizing that it would not affect Operation of dYdXV4:

Currently only the web front-end is compromised, while the smart contracts of dYdX V3 are still safe and available.

Ironically, dYdX’s tweet just two weeks ago addressed the news that the front-ends of Compound Finance and Celer Network were hacked, claiming that “no vulnerabilities or security issues have been detected.” Now the webpage is also under attack.

It is reported that dYdX.exchange and the other two agreements are all handed over to Squarespace for domain name hosting services. This service was reported to have security risks a few weeks ago.

DeFi observer 0xngmi once named the dYdX.exchange website as having security risks

dYdX currency price fell by more than 8% in response

Coingecko data shows that tokens including DYDX, ETHDYDX, STDYDX, etc., all have an 8% to 9% The intraday drop of around 10%.

In October last year, dYdX launched its own L1 "dYdX Chain v1.0" and also launched the V4 version, completing the transition from Ethereum L2 to CosmosL1 operation.

Previously, dYdX founder Antonio Juliano resigned as CEO in May this year, and was replaced by former chief strategy officer Ivo Crnkovic-Rubsamen.

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