Decentralized Exchange DYdX’s Token Spikes Almost 10% After SEC Sues Binance for Alleged Securities Violations

Decentralized Exchange DYdX’s Token Spikes Almost 10% After SEC Sues Binance for Alleged Securities Violations

DYDX, the native token for the decentralized exchange platform with the same name, jumped to $2.23 at press time after the U.S. Securities and Exchange Commission said it sued Binance, the largest crypto exchange by trading volume, for violating federal law.