CoinspeakerUniswap Founder Slams Biden’s Administration for Not Supporting Crypto Adams said that despite the Republicans' efforts, Biden can still turn the tables around if he can reverse his stance on crypto and rein in the SEC and Senator Warren's anti-crypto efforts. Uniswap Founder Slams Biden’s Administration for Not Supporting Crypto
Read More »SEC Files Notice Of Intent To Sue Uniswap Labs
The U.S. Securities and Exchange Commission (SEC) is cracking down on another corner of the crypto industry, this time targeting one of the biggest players in decentralized finance (DeFi). On Wednesday, the regulator issued a Wells Notice against Uniswap Labs, the company behind the world’s largest decentralized exchange (DEX). Uniswap To Be Sued By SEC Uniswap Labs publicly confirmed the news in a press release on Wednesday, and assured followers that the team is “ready to...
Read More »5 Years Later: Uniswap Surpasses $2 Trillion Milestone in Trading Volume
Uniswap, the decentralized exchange (DEX) pioneer, has achieved a significant milestone by surpassing $2 trillion in all-time trading volume. This achievement marks a historic moment for the platform, occurring five and a half years after its launch in November 2018. Uniswap’s $2 Trillion Milestone According to data from a Dune Analytics dashboard compiled by Uniswap’s strategy and operations lead, Zach Wong, the DEX’s all-time trading volume stands at $2,000,002,099,397 with...
Read More »Osmosis, dYdX, Synthetix Spearhead DeFi Development Surge, Uniswap Trails Behind
Amidst a broader market rebound, several DeFi-related projects appear to be bustling with development activity. Topping the list is Cosmos-based decentralized exchange Osmosis, which experienced a notable surge in development activity, emerging as the leading DeFi project over the past month. Osmosis Leads DeFi Development According to the data shared by Santiment, Osmosis recorded more than 169 GitHub commits within the previous 30 days. The crypto analytic platform’s latest...
Read More »Ethereum Restaking Protocol EigenLayer Surpasses $10B in Total Value Locked (TVL)
CoinspeakerEthereum Restaking Protocol EigenLayer Surpasses $10B in Total Value Locked (TVL) EigenLayer has attracted notable Ethereum investors and Web3 users due to its reputable reward programs. Ethereum Restaking Protocol EigenLayer Surpasses $10B in Total Value Locked (TVL)
Read More »Uniswap (UNI) Explodes 50% Minutes After a Major Proposal
TL;DR UNI surged 50% following a proposal for a fee reward mechanism for token holders. This rise contrasts with the broader market’s consolidation. UNI – the native token of Uniswap Protocol – skyrocketed by over 50% in minutes, reaching a nearly two-year high of approximately $11. UNI Price, Source: CoinGeckoThe increase happened shortly after the Uniswap Foundation (UF) proposed the creation of a fee mechanism that rewards UNI holders who have staked and delegated their...
Read More »Uniswap Unveils V4 amid Ethereum’s Upcoming Dencun Upgrade
CoinspeakerUniswap Unveils V4 amid Ethereum’s Upcoming Dencun Upgrade In the wake of this momentous announcement, eyes turn toward the future as Uniswap V4 prepares to redefine the boundaries of DeFi. Uniswap Unveils V4 amid Ethereum’s Upcoming Dencun Upgrade
Read More »Uniswap (UNI) Establishes Solid Support at $7.2, Eyes $10 Milestone: Data
Uniswap’s native token – UNI – has demonstrated a noteworthy surge of 28% over the past week alongside the rest of the crypto market. It is currently trading above $7.71 with a market capitalization of $4.61 billion. The latest data indicated that UNI may be poised for more growth. Industry expert Ali Martinez said that UNI has successfully turned a key supply wall at $7.23 into a solid support level. This support is distributed across 3,500 addresses, collectively holding...
Read More »Potential Reasons Behind Uniswap’s Recent Growth and UNI’s Price Surge
Uniswap has seen substantial growth over the last week following the implementation of various features on the platform, such as Rootstock, an Android mobile wallet app, and extended capabilities to other blockchains. Uniswap’s native cryptocurrency, UNI, has also experienced a notable surge during the recent crypto bull market, witnessing a 22% increase over the past week, rising from $5.75 to $7.05. Uniswap Experiences Massive Growth Beyond financial gains, Uniswap has...
Read More »Decentralized Exchanges Bounce Back: $29 Billion Traded in November
The recent surge in cryptocurrency markets over the last month seems to have spilled over into the realm of decentralized finance (DeFi). The trading volume on decentralized exchanges (DEX) has traditionally been considerably lower than that of centralized exchanges (CEX). However, the recent market rally has led to increased activity, albeit at a somewhat slower pace. DEX Trading Volume Picks Up Pace According to research from Kaiko, major platforms such as Uniswap and Curve...
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