SEC reportedly investigates Uniswap exchange
The Securities and Exchange Commission (SEC) enforcement attorneys are reportedly conducting an investigation on Uniswap exchange and particularly seeking information about its marketing and investor services. The Wall Street Journal reported on Friday that the US Securities and Exchange Commission has opened an investigation into Uniswap Labs, the company’s principal developer. According to the report, […]
Dune Analytics opposes Uniswap’s $25M grant to service providers
Dune Analytics, a decentralized finance (DeFi) analytics service, has spoken out against a Uniswap (UNI) governance vote for “Community-Enabled Analytics,” which would see Flipside Crypto manage about $25 million in UNI tokens. Dune tweeted on Thursday about the lack of community attention to the issue , as well as the fact that grants should go […]
SushiSwap narrowly escapes becoming the latest DeFi hack victim
SushiSwap could have lost 109,000 ETH due to a weakness in a Dutch auction smart contract discovered by the security researcher. Thanks to the help of a white hat hacker, the SushiSwap decentralised exchange narrowly escaped becoming the latest DeFi breach victim. SushiSwap and its MISO platform were saved from a potential loss of up […]
SushiSwap CTO explains why the project isn’t scaling on Optimism anytime soon
According to Joseph Delong, rival DEX Uniswap received favourable treatment from the vendor of layer-two solutions, SushiSwap. The chief technology officer of the SushiSwap decentralised exchange has explained why the protocol is no longer interested in scaling utilising Optimistic Ethereum’s layer-two solutions. O, a provider of layer-two solutions, whitelisted many projects last year, including Uniswap […]
Uniswap generates more than $1B in fees for liquidity providers
Since the inception of Uniswap in November 2018, more than $1 billion in fees has been produced for the liquidity providers who use the platform. Uniswap , a leading decentralised exchange, has become the first DeFi protocol to produce more than $1 billion in platform fees for liquidity providers, making it the first of its […]