2024 Bitcoin Halving
2024 Bitcoin Halving
馃攽 Countdown to Scarcity
The highly anticipated 2024 Bitcoin halving event is approaching. This cyclical occurrence, hard-coded into Bitcoin's protocol, will reduce the reward for mining new blocks by 50%, from 6.25 BTC to 3.125 BTC per block. The halving mechanism is designed to control Bitcoin's supply and maintain its deflationary nature. As the mining rewards decrease, the remaining Bitcoin supply becomes scarcer, potentially impacting its value. The upcoming halving is expected to occur around May 2024, though the exact date is determined by the network's mining activity. Investors and analysts will closely monitor the event's impact on Bitcoin's price dynamics and the broader cryptocurrency market.
2024 Bitcoin Halving
Critical DYDX Bridge Migration Deadline Approaching
**Important Notice**: Over 110M ethDYDX tokens remain unmigrated to native $DYDX on the dYdX Chain. @NethermindEth has proposed to discontinue bridge support in approximately 45 days. After this deadline, **unbridged tokens may become non-convertible**. Key Information: - Proposal details: [View on Mintscan](https://www.mintscan.io/dydx/proposals/189) - Migration guide: [How to Bridge](https://www.dydx.foundation/how-to-bridge/overview) **Action Required**: Token holders should complete migration before the bridge closure to maintain token convertibility.
dYdX Market Updates: April 2025
dYdX continues expanding its market offerings through Instant Market Listings. Recent additions include: - AERGO (now fully tradable) - WalletConnect (WCT) - Babylon Labs (BABY) - Ampleforth (FORTH) - TROY DAO - Steemit (STEEM) - Neo Blockchain (GAS) - BadgerDAO - NodePay (NC) The platform now features over 300 launchable markets with instant liquidity through MegaVault integration. Users can list and trade new markets immediately after launch with built-in liquidity support.
dYdX Foundation CEO Joins The Zeall Show for DeFi Discussion
Charles Haussy, CEO of dYdX Foundation, is featured on The Zeall Show hosted by @0xa8l for an in-depth discussion about decentralized finance (DeFi). This follows a series of high-profile DeFi conversations on the platform, including a recent interview about DeFi options with Stryke and Orange Finance. The live discussion aims to explore: - Current state of DeFi - dYdX's role in the ecosystem - Future developments in decentralized trading Watch the live stream to gain insights from one of DeFi's leading voices.
dYdX Launches Avalanche Network Support for AVAX and USDC
dYdX has expanded its network support to include Avalanche, enabling instant deposits and withdrawals for both AVAX and USDC tokens. Users can now: - Deposit AVAX directly via Avalanche network - Deposit USDC via Avalanche network - Withdraw funds directly to Avalanche addresses The integration provides faster transaction speeds and additional network options for dYdX users. Access these features at [dYdX Trading Platform](https://dydx.trade/trade/BTC-USD).
dYdX Launches Mobile App with 50x Leverage Trading
dYdX has released a new mobile trading app designed to simplify DeFi trading access. Key features include: - Up to 50x leverage trading capability - One-tap trading automation - Streamlined user interface for seamless experience - Built for both new and experienced DeFi traders The app aims to make decentralized perpetual trading more accessible through mobile devices. Users can download the app directly through the official link: [dYdX Mobile App](http://dydxchain.onelink.me/1DP4/im483xhe)