Uniswap Reportedly Down Due To Some Technical Glitch
Uniswap has been reportedly down for hours. It’s discord mod said that all users were unable to access the web app. Decentralized Protocol (DeFi), Uniswap experienced a serious failure because it was unable to open for several hours. Popular journalist Colin tweeted that a Cloudflare routing issue was to blame for the breakdown, according to […]
Top 5 DeFi Loan Protocols in 2022
DeFi loan protocols provide crypto loans on a decentralized platform without intermediaries or going through KYC. Lending is one of the key components of DeFi, and DeFi loan protocols provide a far superior choice for passive income generation than the traditional financial sector. What is DeFi? The term “decentralized finance,” sometimes known as “DeFi,” refers […]
Uniswap To be Deployed on Privacy-focused Layer 2 Solution
Nearly all of the votes were in favor of putting Uniswap on zkSync, and users staked over 72 million UNI to make it happen. After a governance vote is over, the decentralized exchange (DEX) Uniswap will soon be added to the layer 2 solution zkSync, which is focused on privacy. Uniswap is a cryptocurrency exchange […]
Uniswap reportedly seeks funds for its DeFi offerings
According to a recent report, major decentralized exchange (DEX) Uniswap has been in talks with NFT lending protocols to raise funds to further develop its decentralized finance (DeFi) capabilities. According to a Sept. 30 TechCrunch story, Uniswap Labs, a DeFi firm that contributes to the Uniswap Protocol, is in discussions with a number of investors […]
Uniswap Foundation’s $74 million price tag elicits mixed reactions
The Uniswap Labs community has already started deliberating a new idea that would create a Uniswap Foundation with a U.S. headquarters, but it will first cost $74 million. The idea has so far received a mixed response from the community. While many have praised the foundation’s efforts to promote and develop the Uniswap ecosystem, others […]