🚀 DEXX Initiates Legal Action Following Security Incident
#DEXX #securityincident #lawsuit #SlowMist #compensation #userprotection #stolenassets #investigation #cryptocurrency #tradingterminal
According to PANews, DEXX, an on-chain trading terminal, has announced updates regarding a recent security incident. The company has officially filed a lawsuit and is collaborating with the SlowMist team to assist law enforcement in the ongoing investigation. DEXX is also actively discussing a compensation plan for affected users.
In a statement, DEXX assured users that if all stolen assets are recovered, full compensation will be provided to ensure that user interests remain unaffected. In the event that only a portion of the assets can be retrieved, the platform will still fulfill its compensation responsibilities, with specific plans depending on the amount recovered. DEXX is currently mobilizing all available resources to recover the stolen assets and resolve the issue as swiftly as possible.
Previously, SlowMist reported that the DEXX incident has impacted over 900 victims, with total estimated losses amounting to $21 million.#DEXX #securityincident #lawsuit #SlowMist #compensation #userprotection #stolenassets #investigation #cryptocurrency #tradingterminal
🚀 🔥 YZi Labs Invests in Genius 🔥
#YZiLabs #Genius #Investment #TradingTerminal #OnChainExecution #CZ #Decentralization #Liquidity #UserOwnership #CryptoInfrastructure
Yzi Labs posted an article on X, announcing their investment in Genius, a professional trading terminal designed for on-chain execution. With CZ joining as an advisor, Yzi Labs stated that Genius embodies the core of its investment thesis: backing infrastructure that fuses the speed, liquidity, and privacy of centralized exchanges without compromising on user ownership or decentralization, to accelerate the buildout of a private, high-velocity on-chain trading terminal. #YZiLabs #Genius #Investment #TradingTerminal #OnChainExecution #CZ #Decentralization #Liquidity #UserOwnership #CryptoInfrastructure
🚀 Paradigm Explores Development of Prediction Market Trading Terminal
#Paradigm #predictionmarket #Kalshi #tradingterminal #marketmaking #ArjunBalaji #research #predictionmarketindex #S&P500
Paradigm, a major investor in the prediction market Kalshi, is reportedly developing its own trading terminal for prediction markets. According to Odaily, this initiative is being led by Paradigm partner Arjun Balaji and is aimed at professional traders and market makers. An official spokesperson for Paradigm declined to comment on the matter.
Sources indicate that Paradigm is also considering the establishment of an internal market-making department within the prediction market sector. Additionally, the firm is collaborating with researchers to explore the feasibility of creating a prediction market index. This index would bundle multiple prediction markets into a single tradable platform, similar to how the S&P 500 index aggregates the stocks of 500 companies.#Paradigm #predictionmarket #Kalshi #tradingterminal #marketmaking #ArjunBalaji #research #predictionmarketindex #S&P500