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Tag Archives: uniswap

Uniswap Foundation Launches First Wave of Grants Totaling $1.8M

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 stewardship. Uniswap Diamond Uniswap Diamond is heralded as one of the most ambitious initiatives to be funded by Uniswap Grants. All...

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UNI Token Holders Approve Proposal to Create Uniswap Foundation

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 are Uniswap community members and former Uniswap Labs executives. The proposal put to voting from August 17 to August 23 needed...

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Uniswap Faces Lawsuits for Unregistered Offer and Sale of Digital Tokens

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 has failed to conduct identity checks and impose securities restrictions on “fraudsters” who use the platform to list...

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Uniswap Launches a Venture Arm to Accelerate Web3 Development

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 foundational products and infrastructure” it has built so far. However, it has ambitions to further interact with the emerging Web3 universe, which is...

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Scam Alert: Animoca Brands Warns of a New Fake Token on Uniswap V2

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 the official press release, Animoca Brands clarified that the namesake token has no connection to the company. It urged...

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Are Users Pivoting to DeFi Trading? A Closer Look Into CEX Vs. DEX Numbers

Bitcoin started out as a technological experiment more than a decade ago. Since then, the global financial markets have undergone a tremendous shift. At the center of the digital currency revolution is blockchain technology which gave rise to the first-ever smart contract platform, Ethereum. Over the past years, the Ethereum network has become a significant driver offering users the ability to interact in a truly decentralized manner. Decentralized exchanges or DEXs are part...

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21Shares Lists Chainlink, Terra, And Uniswap ETPs on Euronext Paris and Amsterdam

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 Uniswap ETPs on the BX Swiss. According to a document seen by CryptoPotato, the company continued by adding three...

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Uniswap Introduces Auto Router Support on Layer 2 Networks

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 by routing trades across both Uniswap v2 and v3 pools. With this, users will be able to track the true cost of a swap in real-time directly from the App interface....

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Crypto Price Analysis & Overview October 1st: Ethereum, Ripple, Cardano, Binance Coin, & Uniswap

Ethereum Ethereum is up a solid 9% today as the cryptocurrency surges past $3000 again. The coin has now broken the upper boundary of the previous range that it was trading inside over the past fortnight. The range was between $3150 and $2800 and Ethereum bounced from the lower boundary on Wednesday, where it found support at the 100-day MA. Since then, ETH managed to break the September descending trend line and head back above the 20-day MA. Looking ahead, the first...

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