Uniswap buys NFT marketplace aggregator Genie
On June 21st, Uniswap exchange announced the acquisition of Genie, an NFT marketplace aggregator. This move is part of Uniswap’s objective to enable universal ownership and trade on its platform. Uniswap is now integrating NFTs into its product line, starting with the Uniswap web app and progressing to developer APIs and widgets in the future. […]
Uniswap hits major milestone of $1T in trading volume
Since its introduction on Ethereum in late 2018, the decentralized exchange (DEX) Uniswap has surpassed $1 trillion in total trading volume. However, this is based on a limited user base, indicating that there is a lot of room for expansion. After just over three years, the DEX’s number of cumulative addresses reached roughly 3.9 million […]
Uniswap Labs Launches Investment Arm for Web3 Expansion
Uniswap Labs, the organization behind the decentralized finance (DeFi) system in an announcement has launched its venture capital arm for Web3 projects. The investment vertical of Uniswap Labs Ventures intends to invest in various phases of web3 projects. According to the group, it would examine all initiatives, from infrastructure to developer tools to consumer-facing applications. Uniswap […]
Chinese crypto investors increase their purchases despite recent crackdowns
The People’s Bank of China (PBoC) ruled cryptocurrency transactions unlawful last week, marking yet another significant step forward in the country’s ongoing crackdown on cryptocurrencies. Despite this, local investors appear to be unaffected by the decision, as they continue to put their money on the line. In an interview with Bloomberg, some of the local […]
Crypto Lobbyist gets $4 Million from Cartoon Lobster NFT DAO
Coin Center, a crypto lobbying group, will get 1,000 ETH. DAO has decided overwhelmingly to donate the $4 million in cryptocurrency it collected from the sale of 10,000 “Lobby Lobster” NFTs to the Washington crypto lobbying group Coin Center. The sale, which took place on August 5, sold out in less than an hour and […]