HayCoin, a test coin created by Uniswap founder Hayden Adams, has experienced a dramatic surge in value after Adams decided to burn 99.99% of the token’s supply. At the time of writing, HayCoin is trading at $2,538,123, up by more than 273% over the past day, according to data from CoinGecko. Adams revealed his decision in a Friday…
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Uniswap’s Hayden Adams burned 99% of the HayCoin (HAY) supply on Oct. 20 over concerns about price speculation. Uniswap founder Hayden Adams burned 99% of the HayCoin (HAY) supply on Oct. 20, according to an announcement on X (formerly Twitter). The majority of the tokens have been removed from circulation due to Adams’ concerns about…
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Uniswap announced it would start charging a swap fee of 15% from Oct. 17, evoking mixed reactions from the crypto community. Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week. The past week in DeFi was…
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Devin Walsh, Executive Director of the Uniswap Foundation, a non-profit organization supporting the growth and decentralization of the Uniswap decentralized exchange (DEX), believes that Uniswap is decentralizing. Walsh even compares the current state of the DEX to that of Ethereum. The executive also acknowledged that the DEX’s current level of success is due to the active participation…
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Due to its innovation, Uniswap Labs plans to introduce Hooks in the upcoming Uniswap v4, putting the world’s leading decentralized exchange in the spotlight. According to a critic on social media platform X, the DEX is on the know-your-customer (KYC)-verification route once Hooks on Uniswap v4 are released. Uniswap v4 Hooks Is The Beginning Of…
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Fees will not be collected on inter-stablecoin trades, nor on wrapping Ether. Decentralized exchange Uniswap (UNI) will begin charging a 0.15% swap fee on certain tokens in its web application and wallet on October 17. According to a post by Hayden Adams, the DEX’s founder, the affected tokens are Ethereum (ETH), USD Coin (USDC), Wrapped…
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A hook that enables Know Your Customer (KYC) verification on Uniswap V4 pools is fueling debates about DeFi’s future. A new hook available on an open-source directory for Uniswap V4 hooks is sparking controversy within the crypto community. The hook enables users to be checked for Know Your Customer (KYC) before they can trade on…
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ETH price is at risk of trading below a key price support, and multiple data points point to a bearish outlook for the altcoin’s price. Ether (ETH) price experienced a 7% decline between Oct. 6 and Oct. 12, hitting a seven-month low at $1,520. Although there was a slight rebound to $1,550 on Oct. 13,…
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EU securities regulators have their eyes on DeFi, and the top 100 DeFi tokens had mixed price action over the past week, with most trading in a tight range. Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the…
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Decentralized finance (DeFi) exchange Uniswap has launched a mobile wallet application for Android users on Thursday, after launching on iOS in April. Following the iOS launch, Uniswap saw an influx of downloads and became the top three wallet for new downloads, the exchange said in an official announcement…. Read More: Decentralized Crypto Exchange Uniswap Brings…
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