dYdX Loses $9 Million After Suspected Market Manipulation, But No Customer Funds Affected
- Ethereum-based DEX dYdX suffers $9 million loss after alleged market manipulation
- Losses came from dYdX's insurance fund, no customer funds affected
- dYdX founder believes a single actor deliberately crashed YFI price
- DEX is widening margin requirements for illiquid trading pairs
- dYdX trading at $3.26 at time of writing