The decentralized exchange Uniswap has received a Wells notice from the U.S SEC. Marvin Ammori, chief legal officer of Uniswap, verified the notification from the regulator on April 10 on X (previously Twitter). The SEC formally notifies companies or individuals that they plan to propose enforcement action against them with
Modern cryptocurrency exchange aggregators have emerged due to the growing popularity and increasing use cases of digital currencies. These platforms provide specialized services that enable the exchange of cryptocurrencies for other coins or fiat money, similar to traditional online currency conversion points. The convenience and speed of cryptocurrency exchanges have
In the vast, ever-evolving world of cryptocurrencies and blockchain technology, decentralized exchanges (DEXs) have emerged as pivotal players. Bypassing the traditional centralized gatekeepers, DEXs have democratized access to crypto-assets, offering direct peer-to-peer trading. They’ve redefined the very essence of trading, ensuring greater security, transparency, and control for users. Yet, amidst
Solidus Labs’ latest Crypto Market Manipulation Report finds wash trading is one of the most common but preventable forms of market manipulation in DeFi NEW YORK–(BUSINESS WIRE)–#DeFi–The latest market manipulation report from Solidus Labs, a category-definer for crypto-native trade surveillance and risk monitoring, has found that crypto token deployers and
A trailblazer in the decentralized exchange (DEX) landscape, is proud to announce the launch of its revolutionary trading platform, setting a new standard in the world of automated market-making (AMM) within the Base ecosystem. SynthSwap, emerging from the creators of ZyberSwap, introduces an innovative concept that redefines liquidity provision. This
NEW YORK–(BUSINESS WIRE)–#DEX–Crypto has an insider trading problem: Research shows that insiders may trade ahead of as many as 25% of all token listings using Decentralized Exchanges (DEXs), suggesting that the recent enforcement actions against insiders at centralized exchanges and NFT marketplaces could be the tip of the iceberg. To
Chainlink, the standard Web3 services platform, and GMX, the biggest decentralized perpetual exchange running on Arbitrum and Avalanche, have now announced that the GMX community has elected to incorporate Chainlink’s innovative low-latency oracles for financial market data. Moreover, launch partner GMX will be incorporating the new solution’s low-latency oracles into
This weekend, security company PeckShield discovered a significant flaw in the DeFi protocol SushiSwap, namely in the ‘RouterProcessor2’ contract, which is used for trade routing on the SushiSwap exchange. In other words, consumers unwittingly give the exploiter access to their tokens by approving the fraudulent contract. PeckShield tweeted: “It seems
Recently, decentralized exchange dYdX made the decision to move away from Ethereum by announcing the launch of its V4 private testnet. The entire platform rollout to Cosmos is scheduled for the end of September this year. Teams of developers may use the Cosmos SDK to quickly and easily create their
This past weekend saw a surge in trading activity for USDC across many decentralized exchanges. The 11th of March was the day when Uniswap’s volume was the largest ever, at $11.84 billion. Yet, it isn’t the first decentralized protocol to gain popularity. This occurs following the weekend de-pegging incident of
