BlockDAG’s Momentous Rise: Leading the Crypto Charge Beyond Tron and Uniswap with Keynote 2!

4 mins read

As the cryptocurrency sector expands, Tron and Uniswap have become top choices for investors due to their promising market forecasts. Among these, BlockDAG distinguishes itself as a leading layer 1 project, having successfully launched its second keynote.  This event highlighted BlockDAG’s technical advancements and strategic roadmap designed to foster robust growth and sustainability. Following this event, the platform’s presale achieved a remarkable milestone, raising over $42.6 million. TRON Blockchain: Security

BlockDAG’s Dashboard Upgrade Sparks 850% Surge as Uniswap Gains and Immutable Holds Steady

3 mins read

The crypto market is witnessing significant movements, with Immutable (IMX) maintaining stability and the Uniswap (UNI) price climbing, indicating possible growth. Amidst these dynamics, BlockDAG stands out with recent dashboard enhancements and a successful fundraising round. BlockDAG has recently completed a massive fundraising effort, securing $39.4 million, which fuels its potential to deliver outstanding returns, evidenced by an 850% price surge. The dashboard enhancements have not only improved user interaction

Uniswap Foundation reveals $41.41M in assets and plans for fund usage ahead of a crucial vote on activating protocol fees

1 min read

Uniswap Foundation, which supports the decentralized exchange, disclosed its finances before a crucial V3 pool protocol fee vote. The foundation has $41.41 million in cash, stablecoins, and 730,000 UNI tokens as of March 31, 2024. These resources should last till 2025. The Uniswap community will decide on Friday to allow protocol fees. The foundation’s transparency initiatives include this vote. The assets will fund grant obligations and operating expenditures, while UNI

Uniswap challenges the SEC’s Wells notice, arguing that legal action isn’t the solution

1 min read

In response to the SEC Wells notice, Uniswap Labs argues against enforcement. On Tuesday, Uniswap described why the SEC should not sue in a 43-page filing. As a non-traditional exchange, Uniswap claimed that the SEC cannot control bitcoin, ether, or stablecoins, its principal trading assets. Uniswap calls these assets stablecoins, utility tokens, and commodities, not securities. Uniswap noted its decentralization, not maintaining user accounts or collecting personal data. Uniswap claims

XRP and Uniswap see a sharp rise in users, signaling a growing crypto market appeal

1 min read

Over six months, XRP’s active wallets rose 7% to 5.2 million. This rise shows XRP is becoming a mainstream financial instrument for more investors. The XRP Ledger shows 59.77 billion XRP kept across various wallets, with virtually all retaining some balance, suggesting strong user holding. In one year, Uniswap’s addresses grew 140% from 3.03 million to 7.26 million. After crossing $2 trillion in trade volume in April, Uniswap strengthened its

The US SEC’s notice to Uniswap spurs over 16% UNI price fall and whale sell-off

1 min read

The price of Uniswap (UNI) coin had a significant decline of 16%, reaching $9.37, after the issuance of a Wells Notice by the US SEC. This notice indicates potential legal challenges for the decentralized exchange. According to Lookonchain, three large holders of Uniswap, often referred to as ‘whales’, sold a total of 2.03 million UNI tokens, resulting in a significant decrease of $20 million in the overall value of Uniswap.

Uniswap’s L2 transaction volume hits over $200 billion ATH, driving up UNI token price

1 min read

Uniswap’s Layer-2 (L2) ecosystem had a record transaction volume of over $200 billion in February 2024, a notable milestone in the decentralized finance (DeFi) industry. The significant increase in volume, which resulted in a 280% rise from February 2023, demonstrates the increasing acceptance and utilization of decentralized exchanges by cryptocurrency traders and investors. The rise in transaction volume has impacted the price movement of Uniswap’s native token, UNI, resulting in

Jupiter DEX on Solana hits $480 million in trades, beating Uniswap

1 min read

Jupiter, a decentralized exchange (DEX) operating on the Solana blockchain, has made waves by achieving an impressive $480 million in trading volume within 24 hours. Notably, the surge in activity propelled Jupiter ahead of Ethereum’s Uniswap, surpassing its trading volume by $10 million, according to data reports. A significant catalyst for this surge was the introduction of “Wen,” a new memecoin distributed via an airdrop on the Jupiter platform. The

Uniswap Labs releases a new security feature known as Permit 2

2 mins read

On January 18, Uniswap Labs, the developer of the popular decentralized exchange (DEX) Uniswap, released a new security feature known as Permit 2. This development aims to address the critical “infinite token allowances” vulnerability, which poses a potential risk to user funds. By introducing Permit2, Uniswap Labs hopes to improve user protection and control over digital assets. In the context of decentralized finance (DeFi), “token allowance” refers to a permission

Uniswap Launches Swap Fees to Support Expansion

1 min read

Uniswap, the decentralized crypto exchange (DEX), has made a significant announcement. Starting tomorrow, the platform will introduce trading fees on specific tokens, set at 0.15% per trade. This marks a shift from Uniswap’s historically feeless approach. Uniswap Labs CEO Hayden Adams took to Twitter to share this update, emphasizing that these fees are a strategic step to support the sustainable development of the company. Uniswap Labs is the creator of