The much-anticipated vote on UNI staking and delegation incentives, which was scheduled for May 31, has been postponed by the Uniswap Foundation, the group in charge of the decentralized exchange Uniswap. The foundation delayed the vote in response to a stakeholder’s concern, as revealed on X. The decision-making process was
Uniswap (UNI), the governance token of the decentralized exchange Uniswap, has recently experienced a significant price rally, gaining 42% in a 7-day period. However, the token’s price action has turned negative, with a 24-hour drop of 4.79%, currently trading at $10.99. Additionally, Uniswap’s 24-hour trading volume has decreased by 36.5%
The crypto sector has experienced optimistic waves since last week. With price recoveries and upward streaks multiple altcoin sectors have drawn investors’ interest. In the meme coin sector, Pepe (PEPE) has become a prime focus, as it sustains last week’s upward rally into this week, increasing by 79.94%. Notably, according
Uniswap’s native token, UNI, has experienced a significant surge, jumping over 22% in the last 24 hours to hit $11.07, marking its highest since early April. This bullish movement suggests a potential upward trajectory, with analysts eyeing the possibility of UNI surpassing its March highs of $15.40. The surge in
Uniswap Labs has finally responded to the SEC’s Wells notice, urging the agency to drop its enforcement action against the firm. Allegedly operating as an unregistered securities exchange and broker, the corporation has been in violation of securities laws, according to the April notification. According to Uniswap Labs, the SEC
In a remarkable move that shocked the entire crypto community, an Ethereum (ETH) whale recently swapped $50,000 worth of Ethereum for Retik Finance (RETIK) tokens. This significant transaction has not only caught the attention of the crypto community but also underscores the growing interest in Retik Finance as it prepares
In a huge step forward, Uniswap Labs—the firm behind the decentralized cryptocurrency exchange Uniswap—has introduced ERC-7683 for cross-chain purposes. A new proposal was brought to light today, in partnership with the Across Protocol, with the purpose of establishing a unified framework for intents-based systems for defining cross-chain actions. By working
Tesla’s endorsement of Dogecoin for selected online purchases has spotlighted the cryptocurrency, enhancing its market position as a leading payment option. Meanwhile, Uniswap encounters market fluctuations due to regulatory scrutiny, highlighting the volatile nature of decentralized finance platforms. BlockDAG is a strong contender in this dynamic market, drawing significant investor
In May 2024, there were 7.26 million wallets on the decentralized exchange (DEX) Uniswap, up from 3.03 million in May 2023, an increase of around 140%, according to statistics from Dune Analytics. The growth in Uniswap’s user base mirrors that of other records on the platform. The cumulative trading volume
BlockDAG has recently announced a strategic vesting plan following a successful $21.6 million presale, a move aimed at stabilising the market and aligning long-term investor interests with the project’s growth. This announcement comes at a turbulent time in the cryptocurrency market, with Ethereum facing significant market challenges and Uniswap grappling
