Uniswap DAO shows support for $12 Million investment in Ekubo’s future token

The Uniswap DAO has shown support for a proposal to invest $12 million in Ekubo’s future governance token. The proposal, if passed, would grant Uniswap a 20% stake in the said token. The proposal was initially perceived to have passed completely, but it only passed a temperature check, which has now been corrected. The investment […]

Scammers use clone sites of Blockworks and Etherscan to deceive crypto users.

Phishing fraudsters have devised a new scam, creating sham duplicate sites of crypto media outlet Blockworks and Ethereum blockchain scanner Etherscan, to dupe crypto users into connecting their wallets to a crypto drainer. Their deceitful tactics are centred around a faux news of a $37 million Uniswap exploit. The counterfeit Blockworks site displays a forged […]

Uniswap labs introduces 0.15% fee on certain crypto swaps

Uniswap Labs, a central player in the construction of decentralized crypto exchange Uniswap, is set to impose a 0.15% fee on trades involving specific tokens starting Tuesday. The fee will be enforced on trades executed via Uniswap Labs’ front end. It will apply to swaps that involve at least two of these tokens: ETH, USDC, […]

Uniswap expands DeFi reach with Android Ethereum wallet launch

Decentralized finance (DeFi) platform, Uniswap, has introduced its mobile Ethereum wallet for Android, following its iOS release several months ago. The wallet is currently in its beta testing phase, with the broader user community invited to participate in its refinement. Uniswap’s Twitter indicates an existing waitlist of 35,000 users. As part of this launch, Uniswap […]

Ethereum transaction fees dive to 2022 lows, paving the way for wider adoption

Ethereum (ETH) transaction fees have recently reached their lowest levels since 2022, signaling a milestone for the second-largest cryptocurrency. The average fee for transferring ETH is now $1.83, while purchasing tokens through Uniswap costs around $4.17. This decline in gas fees can be attributed to reduced on-chain activity related to NFT sales, meme coin trading, […]

New York court just called Ethereum and Bitcoin as Commodities

A New York court has dismissed a proposed class action lawsuit against decentralized crypto exchange Uniswap while classifying two major cryptocurrencies, Ethereum (ETH) and Bitcoin, as commodities. The lawsuit, filed in April 2022, claimed that Uniswap violated U.S. securities laws by operating as an unregistered exchange and offering securities without proper registration. The court ruling […]

Why whales are accumulating these cryptos?

A whale has made notable purchases of Ethereum, Lido, Uniswap, and Aave, spending approximately 5 million USDT. The purchases include 557 ETH, 593,139 LDO, 413,727 UNI, and 17,203 AAVE. These investments by a single entity could be an indicator of bullish moves in the crypto market. The purchase of Ethereum aligns closely with the current […]