Crypto venture firm a16z has used its 15 million UNI token voting block to vote against a proposal that would use the Wormhole bridge for Uniswap V3 deployment on BNB Chain. According to the ongoing results of the proposal vote, a16z’s overwhelming token stash enabled it to control around half of the votes so far,...Read More
Uniswap has announced a partnership with fintech firm Moonpay to enable users to purchase cryptocurrency on its web app using debit cards, credit cards, and bank transfers. The new service aims to address a deep-rooted issue for decentralized exchange protocols that do not support fiat pairs. However, their centralized counterparts do. As part of the...Read More
According to the most recent data, GMX earned more daily revenue than Uniswap, becoming the market leader for the first time ever. Delphi Digital reported that the platform raked in $1.15 million in trading fees, while that of Uniswap stood at $1.06 million. Moreover, GMX is now the fifth-largest decentralized application on Token Terminal’s dashboard,...Read More
The decentralized exchange Uniswap enabled NFT trading on its platform by listing digital collectibles a part of leading marketplaces, such as OpenSea, LooksRare, Sudoswap, and more. The initiative comes a few months after Uniswap acquired the NFT aggregator Genie. The DEX revealed that as of today (November 30), its users could trade a variety of...Read More
Uniswap Labs – the developer of Uniswap Protocol – released its privacy policy to be transparent about what data it is protecting and how it uses the information it collects. The team clarified that it does not maintain user accounts nor collect and store personal information such as – first name, last name, street address,...Read More
A new study has found nearly all crypto projects listed on Uniswap between 2018 and 2021 were malicious and scam-related. The study titled DO NOT RUG ON ME: ZERO-DIMENSIONAL SCAM DETECTION, was conducted by three researchers; Bruno Mazorra, Victor Adan, and Vanesa Daza from the University of Pompeu Fabra and the University of Barcelona. Could...Read More
After Binance became the second-largest entity by voting power in the Uniswap DAO, the CEO of the popular DEX, Hayden Adams, took it to Twitter to describe the situation as “unique” while adding that “UNI technically belongs to its users.” He accused Binance of using user funds to pile up governance votes. Hayden Adams on...Read More
Uniswap Labs, which developed the Uniswap protocol, is reportedly holding talks with potential investors for a new funding round. The potential new round would value the startup at a unicorn valuation. According to TechCrunch on Friday (September 30, 2022), four anonymous sources revealed that Uniswap Labs is looking to raise between $100 million and $200...Read More
Uniswap Foundation, the organization that oversees the development of the largest DEX in the world, has stated that its first wave of grants sums up to almost $1.8 million total. According to the official announcement, the grants vary in size and scope and are spread across three areas – protocol growth, community growth, and governance...Read More
The proposal to create Uniswap Foundation has received overwhelming support from the community members, paving the way for it to become a reality. Announcing the news, Devin Walsh, along with Ken Ng, had submitted the initial idea, tweeted Wednesday, “Last night our proposal to create the Uniswap Foundation passed its final vote!” Both Walsh and Ng...Read More
Uniswap community members are looking to create a new entity called the Uniswap Foundation, which would address some shortcomings and improve the growth of the protocol’s decentralized ecosystem. The proposed Uniswap Foundation is seeking a budget of $74 million to be disbursed twice while also requesting over two million UNI tokens to participate in the...Read More
The hacker targeted the liquidity providers of the Uniswap v3 protocol to execute an elaborate phishing campaign. More than $8 million in ETH was believed to бе lost so far in the attack. Uniswap v3 Protocol LPs Targeted Metamask security analyst Harry Denley was the first one to detect the incident. He observed that 73,399...Read More
The leading decentralized exchange – Uniswap – surpassed a lifetime cumulative trading volume of $1 trillion. Uniswap Protocol announced that more than $1 trillion worth of cryptocurrencies have been traded on the exchange since its launch in 2018. 2/ Over the past three years, The Protocol has 🛹 Onboarded millions of users to the world...Read More
Prominent decentralized exchange Uniswap accounts for almost 50% of the market share on the Ethereum layer 2 aggregator – Polygon. It managed to achieve this feat only three months after its deployment on the Polygon network. Uniswap – Market Leader on Polygon Uniswap Labs, the company behind the popular DeFi protocol, tweeted, referring to data...Read More
Nessa Risley, an Uniswap user from North Carolina, invested about $10,400 on low-cap digital tokens such as EthereumMax, Matrix Samurai, and Rocket Bunny between May and July of last year. The trader has since experienced “substantial losses” and thus sought justice through legal action. On April 4, Risley launched the legal proceedings, alleging that Uniswap...Read More
Uniswap Labs – the organization behind the popular DeFi exchange – announced the launch of Uniswap Labs Ventures. As such, it intends to “bring millions of people into the emerging Web3 economy” and invest in additional crypto enterprises. Enter Uniswap Labs Ventures In a recent blog post, the company said it is “proud of the...Read More
An investor in non-fungible token (NFT) and metaverse projects, Animoca Brands, today issued a scam alert regarding a new ERC-20 token, dubbed “Animoca Brands Metaverse” on Uniswap V2. The Hong Kong-based firm said the asset fraudulently claims to be associated with it and uses the symbol “Animoca.” The Fraudulent Animoca Brands Metaverse Token According to...Read More
By Indra Rustandi, Nabil Benbada, Yao Ma Arbitrage defined In traditional finance, an arbitrage is an opportunity to make a positive gain with virtually no risk involved by taking advantage of pricing discrepancies that are present in the markets. These pricing discrepancies are an indication that some inefficiencies are present in the markets. Arbitrageurs will...Read More
The Swiss fintech company – 21Shares – announced the listing of three exchange-traded products on Euronext Paris and Amsterdam. The ETPs will track the performance of Chainlink, Terra, and Uniswap. More ETPS From 21Shares The Switzerland-based investment product issuer has been active on the digital asset scene lately. Last week, it listed Aave, Chainlink, and...Read More
21Shares AG – a Switzerland-based investment product issuer – announced the listing of three new cryptocurrency exchange-traded products on the BX Swiss. Aave, Chainlink, and Uniswap are respectively the underlying assets of the ETPs. Additionally, the global investment manager – VanEck – introduced its first multi-token cryptocurrency fund. Diving Deeper into ETPs According to a...Read More
In an announcement on Dec. 22, Uniswap Labs reported that it had launched the DEX on the Polygon network. Polygon co-founder Mihailo Bjelic submitted a proposal to Uniswap governance in November to deploy Uniswap v3 on Polygon, and it was voted in last week. It had overwhelming support, with more than 72 million UNI tokens...Read More
Uniswap Labs – the developers behind Uniswap, the largest exchange in DeFi – released a series of important features to enhance pricing as well as optimize the gas cost of swaps. What Does the Update Have in Store? Uniswap Labs have now released an updated Auto Router that enhances trade prices to a greater extent...Read More
The belief that all liquidity providers (LPs) make lucrative gains for depositing funds across various decentralized protocols like Uniswap and Compound, among others, has been refuted by a new study conducted by Topaze Blue and decentralized liquidity platform Bancor. Liquidity Providers Make Losses According to the survey shared with CryptoPotato, nearly half of the users...Read More
The Securities and Exchange Commission has purportedly started an investigation against Uniswap Labs – the leading developer of the giant DEX Uniswap. According to a WSJ report from earlier on September 3rd, the top US securities regulator has gone after the developers of the largest decentralized cryptocurrency exchange – Uniswap Labs. Citing people familiar with...Read More
May 5 is the day that Uniswap announced for the launch of its latest version 3 upgrade. The new version will introduce a number of new features targeting capital efficiency. Layer 2 scaling is not included in this upgrade but will be launched soon according to Uniswap Labs. Some of the upgrades in version 3...Read More
As the bull market rages on, it’s easy to get caught up in success stories. However, it’s paramount to know that it’s not all rainbow and butterflies – losses happen, and they hurt, especially if you’re not prepared or overtrade. An investor tweeted about how he lost his entire $185k portfolio in just 3 weeks....Read More
According to data from DappRadar, and the platform itself, the total value locked for the DeFi DEX PancakeSwap has reached $5.5 billion in BNB equivalent. The platform tweeted the milestone all-time high over the weekend, adding that it includes all liquidity pools combined. TVL figures vary depending on the data provider but most are in...Read More
This week was tough across the board as both cryptocurrencies and legacy markets took a beating. Bitcoin was rejected at $60K and dropped all the way down to $50K, but, fortunately, it found support and is now attempting a recovery. The cryptocurrency started the week trading at around $59K and took a shot at the...Read More
Following months of teasers and announcements about announcements, Uniswap has finally unveiled the specifications for its v3 upgrade. It added that the mainnet launch has been planned for May 5. The world’s leading DEX stated that it will be the most flexible and capital-efficient automated market maker ever designed. However, highly anticipated scaling solutions to...Read More
AAVE, one of the market’s leading lending protocols, brings further offerings to its value proposition. In a recently released announcement, the protocol revealed that they have now enabled Uniswap and Balancer LP tokens to be collateralized on the platform. AAVE currently holds over $5 billion in total value locked, according to data from DeFi Pulse,...Read More
