Tag Archives: uniswap

These asset shifts have also been constantly noticed ever since FTX filed for bankruptcy, leaving many to speculate about the rationale behind the moves. According to a recent tweet by Spot on Chain, crypto accounts linked to the collapsed crypto exchange FTX and its sister trading firm Alameda Research executed over $10 million worth of token transfers across six currencies within a 12-hour span. These movements involve a part of the remaining digital assets still controlled by FTX...

Uniswap wallet first launched on the Apple’ App store in April. Uniswap has responded to the high demand for its crypto wallet from Android users by rolling out a version tailored to their devices. This follows shortly after its beta launch last month. Now, all Uniswap users, including those who use Android, may carry out cross-chain token swaps at will. But there is a little restriction. So far, Uniswap has only integrated a few networks including Arbitrum, Polygon, Base, Optimism,...

Uniswap has rolled out the completed version of its wallet app to all Android users following a brief beta testing period that began last month. The app brings a simple mobile user interface to its decentralized exchange (DEX), which is currently the largest in the entire crypto ecosystem. Per Uniswap’s announcement on Tuesday, app users will be able to swap tokens across 8 different blockchains including Ethereum, Polygon, Optimism, and Arbitrum, all while managing their...

Stablecoins are often viewed as assets that pose systematic risks to the financial market. However, these pegged tokens have become the most popular category among investors amid adverse market conditions. QuickNode’s latest on-chain report revealed a notable surge in stablecoin activity across blockchain networks. Stablecoins saw a 45% growth in active addresses and a 41% increase in transactions between the first and third quarters. Contrastingly, DeFi experienced...

UNI’s price has seen a substantial upswing in recent days. Alongside this upward momentum, a massive sale of the tokens from an address has sparked fears of yet another potential downturn. The move was unexpected, but UNI’s price has remained largely unfazed by the massive token movement, at least for now. According to on-chain expert Lookonchain’s tweet, the Uniswap Foundation – which is the team behind the development and expansion of the Uniswap protocol – transferred 6.8M...

The price of HayCoin (HAY), the first-ever token floated on the decentralized exchange Uniswap, witnessed a remarkable surge, reaching a peak of $5.5 million per token on Thursday. This massive price increase followed token burning by long-term holders, indicating a notable development in the market. HAY Token Surges to $5.5 Million On Oct. 26, HAY witnessed a surge in its token price, reaching $5.5 million. This notable increase occurred shortly after a long-term holder,...

The recent introduction of fees by Uniswap sparked speculation about a ‘sell the news’ reaction, a closer examination, however, offers a different perspective. Despite a 5% decline in UNI’s price since the initial announcement, Uniswap’s on-chain activity has grown. According to the latest insight by Santiment, a noticeable disparity is observed in the diminishing UNI price and the increasing on-chain activity. The crypto analytic platform said that the negative MVRV suggests...

Aside from dismissing the case against Uniswap, the judge also classified popular cryptocurrencies Ether (ETH) and Bitcoin (BTC) as commodities. United States District Judge Katherine Polk Failla has dismissed with prejudice the class action suit against the decentralized exchange Uniswap. Recall that in April 2022, six former investors on Uniswap filed a suit against the exchange for allowing scam tokens on its platform. The individuals claimed to have bought scam tokens EthereumMax...

Uniswap is a crypto firm that started about five years ago. The company introduced the world to the automated market maker (AMM). The tool works to let people swap currencies on various exchanges and networks without the aid of middlemen. Uniswap Has Come a Long Way The company has grown into something nobody was expecting. Uniswap now processes about $1 trillion in blockchain transactions on various networks. In a recent interview, the company’s CEO Hayden Adams...

The summer period’s lackluster trading activity is evident as digital asset investment products recorded outflows of $107 million this week. The profit-taking has gathered tremendous pace lately, with weekly trading volumes in investment products 36% below the year-to-date average. The wider on-exchange market has experienced a more significant decline, with volumes down 62% relative to the year-to-date average, according to the latest edition of CoinShares’ weekly report on...