CORRECTION (12:10 PM ET): dYdX confirmed to the The Block that it isn’t taking any steps to block Russian users.
DeFi trading app dYdX said it’s not geoblocking Russian users after Yearn developer banteg posted a screenshot on Monday with the words „another platform bites the dust.”
Representatives of dYdX told The Block that any restrictions don’t apply to Russian users.
Users from Iran, Syria, North Korea, Cuba, Myanmar, Donetsk, Luhansk, and Crimea are not permitted to use dYdX, according to the platform’s terms of use. Russia is not specifically mentioned but the document does say that these service restrictions apply to other jurisdictions currently sanctioned by the US government.
The platform’s terms of use also warn against deploying virtual private networks (VPNs) to circumvent the restrictions.
As a hybrid exchange — partly centralized and decentralized — the smart contract backend is also centralized. This means that traders unable to use the app frontend c
We współpracy z: https://www.theblockcrypto.com/post/143277/dydx-reportedly-blocking-users-with-russian-ip-addresses?utm_source=rss&utm_medium=rss
