The company behind the development of the Ethereum-based decentralized exchange, Uniswap Labs, recently announced the successful completion of a Series B. The funding round managed to raise $165 million to expand the adoption of the protocol and “bring Web3 to everyone”. The popular decentralized exchange (DEX), Uniswap, is one of the most important platforms in...
Per a report from TechCrunch, Uniswap Labs is looking to raise $100 million to $200 million in a new equity round at a $1 billion valuation. The company behind the popular Ethereum-based decentralized exchange (DEX) is allegedly still planning the round and the terms of the deal. In that sense, the final result of these...
Uniswap is currently showing its desire for NFT financialization. The exchange has opened talks with several NFT lending protocols concerning its sudden Interest. Scott Lewis, the head of NFT product in Uniswap, revealed the information through a social media post. Non-fungible tokens (NFTs) are still gaining more attention over the days as knowledge of digital assets keeps expanding. Moreover, the space has several...
The company behind the development of the popular automated market maker (AMM), Uniswap Labs updated its policy regarding blocking wallets from accessing the decentralized application (dApp). Per an official post, Uniswap’s front end will be blocked to users associated with criminal activities. Related...
Shiba Inu (SHIB) and Matic aka Polygon were the biggest crypto gainers of the day where both the altcoins rose more than 20% over the past 24-hours for two very different reasons. While the whole crypto market traded in green after a week-long consolidation and trading in red but Matic and SHIB outshined most of The post Shiba Inu (SHIB) and MATIC becomes...
Although the cryptocurrency market continues to trade under pressure, some important developments continue to happen in the crypto ecosystem. On Wednesday, December 22, decentralized exchange protocol Uniswap went live on Polygon, the...
Uniswap had seen bullish price action in the month of October which had then extended to even the mid of November. Ever since that, the coin has retraced and formed a bearish price pattern. At the current price level, Uniswap has been trading...
The Financial Action Task Force (FATF) has published an update on their virtual assets and virtual asset service provides guidance with a special focus on the DeFi sector. A market gaining more attention from regulators and government agencies around the world, the FATF proposal could usher a new crackdown on crypto and related...
A recent surge in Ethereum transaction fees leads to an increase in layer-2 volumes for UNISWAP, the most famous and liquid decentralized crypto exchange. According to data sources from Nomics, a data analytics provider, UNISWAP V3 brought in 80 million USD in volume in Arbitrum compared to 14 million USD on Optimism. L2beat, a Layer-2 The post UNI Token Price Analysis: A Long-range...
The Pancake Swap DEX on the Binance Smart Chain recently announced the execution of its scheduled token burn via its Twitter handle on 12 October. Its scheduled CAKE burn function results in a token burn of more than 7million CAKE tokens valued at around 132 million USD. The recent Pancake DEX token burn, though significant The post CAKE Price Analysis: Pancake Swap (CAKE)...
Led by the famous venture capital firm, Andreessen Horowitz, Sky Mavis studio, the creators of Axie Infinity recently raised 152 million USD in a Series B round. The move reinforced Axie Infinity as the largest NFT project by trading volume. Last week’s launch of AXS staking functionality, unlocks new rewards to users that lock up The post Axie Infinity (AXS) Price Analysis: Rising...
Polkadot (DOT) is among the high flyers in the crypto market today, as the digital currency rode on the back of the ongoing recovery to par off its losses for the past week. At present, Polkadot is up 4.39% to $33.38, its highest price point in the trailing 7-days period. Polkadot has been sitting on The post Polkadot Turns Green Amid Market Recovery,...
Coinbase Inc., the leading public crypto exchange was hacked last night in what many called a complex hack process. The exchange reported that at least 6,000 accounts were hacked and the funds in them were drained. Coinbase sent out a letter to victims affected by the hack revealing that they might have fallen prey to The post Coinbase Hacked: Here's the Number of...
Altcoins are finding major prominence among crypto funds operating in the market. As per the latest development, the world's largest digital assets manager Grayscale has added Solana (SOL) and Uniswap (UNI) to its Grayscale Digital Large Cap Fund. This comes as part of Grayscale's portfolio rebalancing. Solana (SOL) has emerged as a strong player in The post Solana (SOL) and UniSwap (UNI) Find...
The UNIUSDT crypto pair started to make sharp up and down swings, following a monthly price close above the June bearish inside bar resistance [29.3803]. This created a massive opportunity for swing traders to track specific trend reversal and continuation chart patterns like the divergence. Let’s dive into it. The bearish trend was confirmed with The post UNI Token Price Analysis: Sharp Volatile...
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