UNI price started a major increase above the $10.50 resistance. Uniswap is showing positive signs and might eye more upsides above the $12.00 resistance. UNI started a fresh increase above the $10.50 resistance zone. The price is trading above $11.20 and the 100-hourly simple moving average. There was a break above a key bearish trend…
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UNI price started a decent increase above the $$10.00 resistance. Uniswap is showing positive signs and might eye more upsides above the $11.75 resistance. UNI started a fresh increase above the $10.00 resistance zone. The price is trading above $11.00 and the 100-hourly simple moving average. There was a break above a connecting bearish trend…
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In a week marked by consolidation across the cryptocurrency market, the native token of Uniswap, UNI, has defied the trend, surging over 15%, and surpassing the $10 mark. This bullish run comes amid positive developments within the Ethereum ecosystem and Uniswap’s ongoing legal battle with the US Securities and Exchange Commission (SEC). Riding The Ethereum…
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The Uniswap (UNI) price just dipped to $9.0, just as hopes had been rising that it was about to reach the $10 mark. UNI is now around 10% down from earlier session highs in the $9.80s. No single catalyst can explain the decentralized exchanges (DEX)’s abrupt reversal. Rather, UNI’s intra-day turn-around is in tandem with…
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Uniswap Labs has responded to the U.S. Securities and Exchange Commission’s Wells Notice, asserting that its protocol does not fall under the agency’s regulatory jurisdiction. The response emphasizes the autonomous nature of Uniswap’s decentralized finance (defi) technology and argues against the classification of its activities as operating an exchange or broker. Uniswap Responds to SEC…
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Uniswap Labs filed a 40-page response on Tuesday to the SEC’s Wells Notice, arguing against a potential lawsuit and urging the agency to drop the matter. It comes after the agency raised concerns a few weeks ago that Uniswap’s operations might violate US securities laws. The decentralized crypto exchange is now explaining in detail why…
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Hayden Adams, founder of the Uniswap protocol, has shared his opinion on what characterizes a good distribution or rollout of a token. In a recent post on the X platform, the prominent crypto figure listed 10 qualities of good token distributions, highlighting the complexities surrounding the launch of a cryptocurrency. Uniswap Founder Gives Opinion On…
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According to Nikita Ovchinnik, founder of Barter Defi, decentralized finance (defi) protocols are increasingly becoming the primary target of most hacking attacks because defi “lays bare its inner workings for all to see.” He said the open-source nature of defi means hackers and malicious actors have ample time to study and identify weaknesses or vulnerabilities…
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Uniswap, one of the world’s largest decentralized exchanges (DEX) by total value locked (TVL), is approaching a major milestone on Arbitrum, the largest layer-2 by TVL on Ethereum. According to data from Dune Analytics shared by Uniswap Labs, Uniswap on Arbitrum is on the cusp of surpassing a staggering $150 billion in total swap volume. Riding The…
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Uniswap’s native token, UNI, has been struggling in terms of its price action over the past few weeks. Although the general state of the crypto market may be blamed for this gloomy price performance, other factors, such as the Wells Notice from the US Securities and Exchange Commission (SEC) to the Uniswap protocol, have also…
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