Bitcoin struggles to flip $38K to support, while UNI, IMX, VET and ALGO aim to push higher

Bitcoin (BTC) rose above $38,000 on Nov. 24, but the bulls could not build upon this strength. This suggests hesitation to buy at higher levels. Bitcoin is on track to form a Doji candlestick pattern on the weekly chart for the second consecutive week. This signals indecision among the bulls and ...

Crypto Biz: Uniswap’s Android wallet app, Cboe to launch BTC, ETH margin futures, and more

As the final weeks of 2023 approach, it’s fair to say that one of the most dominant trends and drivers of crypto companies’ strategies over the past months can be summed up in a single word: licenses. In a tight regulatory environment, getting the green light from regulators has been ...

Uniswap launches Android wallet app with built-in swap function

Uniswap Labs has publicly released an Andriod mobile wallet app with built-in swap capability on the Google Play store.The new app allows users to make swaps through the decentralized exchange (DEX) from within the app, eliminating the need for a separate web browser extension, Uniswap Lab ...

THORChain becomes third largest DEX as Rune surges 50% in a week

Native asset settlement protocol THORChain has recorded the third-largest trading volume among non-centralized exchanges in the last week with users seemingly attracted to the high yield offered adjacent to its native token Rune (RUNE).Over the last week, THORChain’s trading volume h ...

Bitcoin price reclaims $35K — Will ATOM, UNI, NEAR and AXS rally next?

The S&P 500 Index soared 5.85% last week, its best performance since November 2022. A large part of the gains were fuelled by expectations that the Federal Reserve will not hike rates anymore. In comparison, Bitcoin (BTC) had a much muted performance with a rise of approximately 2 ...

Unibot contract $560K exploit crashes token price by more than 40%

A new contract deployed on Oct. 29 by Unibot, a popular Telegram bot used to snipe trades on the decentralized exchange Uniswap, was reportedly exploited to hack roughly $560,000 in various memcoins from users.On Oct. 31, blockchain security firm Scopescan alerted Unibot users about an ong ...

Audits and rug-pulled projects, a $650B token burn, and major DeFi protocol quits UK: Finance Redefined

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.The past week in DeFi was filled with bullish resurgences for many projects, but it was the Uniswap fou ...

Uniswap founder burns $650B HayCoin against speculation

Uniswap founder Hayden Adams burned 99% of the HayCoin (HAY) supply on Oct. 20, according to an announcement on X (formerly Twitter). The majority of the tokens have been removed from circulation due to Adams’ concerns about price speculation over the previous days.Adams deployed the ...

Busy week for Uniswap, and Platypus recovers 90% of hacked funds: Finance Redefined

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.The past week in DeFi was dominated by developments in the popular decentralized exchange platform Unis ...

Uniswap to charge 0.15% swap fees beginning Oct. 17

Decentralized exchange Uniswap (UNI) will begin charging a 0.15% swap fee on certain tokens in its web application and wallet on October 17.According to a post by Hayden Adams, the DEX's founder, the affected tokens are Ethereum (ETH), USD Coin (USDC), Wrapped Ether (WETH), Tether (USDT), ...

Binance CEO CZ forecasts DeFi outgrowing CeFi in the next bull run

Binance CEO Changpeng “CZ” Zhao predicts that decentralized finance (DeFi) has the potential to surpass centralized finance (CeFi) in the next bull run.In an Sept 1 live X Spaces (formerly Twitter Spaces), titled CZ AMA, CZ stated his predictions for the future of DeF ...

Uniswap lawsuit judge calls Ether a commodity in dismissal order

A United States District Court judge has called Ether (ETH) a commodity in her dismissal of a class action lawsuit against the decentralized exchange Uniswap.In an Aug. 30 dismissal order of the case brought by Uniswap users who claimed they lost money due to scam tokens on the exchange &m ...

Judge dismisses class-action suit against Uniswap over token scam losses

The United States District Court of Southern New York has dismissed a class-action suit against Uniswap Labs, its CEO, foundation and venture capital backers brought by plaintiffs who claimed they lost money due to scam tokens on the decentralized cryptocurrency exchange. Judge Katherine Polk Fai ...

RocketSwap Decentralized Exchange Hacked: Loss of 471 ETH and Emergence of LoveRCKT Token

The decentralized exchange RocketSwap, created on the basis of the Base layer network, was hacked and lost 471 ETH. The hacker who hacked into the exchange created a meme token called LoveRCKT. Cybersecurity experts PeckShieldAlert reported that the attacker managed to ...

Base project RocketSwap shares emergency plan following $865K exploit

Base project RocketSwap Labs has outlined its emergency program to bounce back from a brute force hack that swiped $865,000 or 471 Ether (ETH) from the protocol on Aug. 14.The team explained on Aug. 15 that they plan on redeploying a new farm contract and open-source it on-chain, reli ...

Weekend Wrap: Uniswap dev sacked for alleged rug, Steadefi hacker goes mixing and more

Uniswap dev loses job, was it worth it? A Uniswap developer known as “AzFlin” has been sacked by the founder of Uniswap Labs, Hayden Adams, for allegedly creating a memecoin and rug pulling it a few hours later for 14 wrapped-Ether (wETH), worth $25,800. It is understood ...

Bitcoin’s sideways price action leads traders to focus on SHIB, UNI, MKR and XDC

Bitcoin (BTC) is on track to form two successive Doji candlestick patterns on the weekly charts but a positive sign is that the price is sustaining above the 20-week exponential moving average ($28,072). This suggests that the bulls have not lost their grip.Popular pseudonymous trader Tech ...

SHIB, UNI, OKB and HBAR flash bullish signs as Bitcoin volatility hits record low

Bitcoin (BTC) continued its boring price action over the weekend, indicating that the bulls and the bears are not waging large bets as they are uncertain about the next directional move. Nevertheless, traders should continue to keep a close watch because a period of consolidation is usually follo ...

Unibot maintains first-mover status among Telegram crypto trading bots

Unibot (UNIBOT) token was among the top crypto gainers in July as its price rallied by 400% in a month to reach an all-time high of $199.90 on July 28. The project defied the market’s negative trend as both Bitcoin (BTC) and Ethereum (ETH) dropped by nearly 4%.However, by August 3, 2 ...

Centralized exchanges will become gateways for DeFi: Finance Redefined

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.The past week in DeFi saw new advancements in zero-knowledge proofs (ZK-proofs) as a scaling solution a ...

Hackers compromise Uniswap founder’s Twitter account to promote scam

Members of Crypto Twitter have quickly identified and warned others against a scam being pushed by Uniswap founder Hayden Adams’ compromised account.The "Web3 Security Alerts" channel on Telegram notified followers that Adams’ Twitter account had been compromised on July 20. Th ...

Crypto survey finds 47% of investors expect Ether to ‘surpass’ Bitcoin

Fidelity Digital Assets released a “Q2 2023 Signals Report” on July 18, which claimed that Ether’s outlook for the next 12 months and the long term is positive. Year-to-date, Ether (ETH) has gained 62%, but while the investment firm might be short-term bullish on Ether ...

Bitcoin price support at $30K opens the door for gains from UNI, ARB, AAVE and MKR

Bitcoin (BTC) attempted to break away from its boring sideways price action on July 13, following Ripple’s legal victory over the United States Securities and Exchange Commission, but the enthusiasm proved to be short-lived. Sellers pulled the price back into the range on July 14, indicating that ...

SEC crackdown on Binance and Coinbase surge DeFi trading volumes 444%

The median trading volume across the top three decentralized exchanges (DEX) jumped 444% in the past 48 hours as crypto investors reeled from the United States securities regulator's recent legal actions against cryptocurrency exchanges Coinbase and Binance.According to aggregated data fro ...

Uniswap scam alert: Fraudsters impersonate executives and create fake website

Hayden Adams, the creator of the Uniswap protocol and CEO of Uniswap Labs, recently expressed his surprise on Twitter regarding a scam where individuals created a fake Uniswap website.In a tweet, Adams indicated his astonishment at the elaborate nature of the scam, emphasizing that it requ ...

Losses from crypto rug pulls outpaced DeFi exploits in May: Finance Redefined

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.May was a month filled with exit scams in the DeFi world, with over $45 million lost to exit scams, whi ...

Survey Reveals Complexity as Main Obstacle to DeFi Adoption

Popular decentralized exchange Uniswap conducted a survey of 1,860 American citizens. It turned out that the main obstacle to using DeFi was the complexity of the work. The report reports that many users of centralized platforms are interested in decentralized finance (De ...

Bakkt Delists Several Tokens and Cryptocurrencies, Shifts Focus from Retail Customers

Cryptocurrency platform Bakkt, owned by Intercontinental Exchange, announced the delisting of a large number of tokens and cryptocurrencies as part of its move away from retail customers. The list of tokens that will no longer be listed on the platform includes large and po ...

Uniswap Surpasses Coinbase in Trading Volume for Fourth Consecutive Month

The Uniswap exchange has surpassed Coinbase in trading volume for the fourth consecutive month. Uniswap first surpassed Coinbase's trading volume in February, and while both exchanges have since declined in volume, Uniswap is still ahead of Coinbase. Uniswap processed ...

Uniswap (UNI) On-Chain Metrics Suggest Potential for Rebound After Recent Dip

The Uniswap exchange rate (UNI) has pulled back about 17% from the local high of $6.4 recorded on April 14. However, onchain metrics bode well for a rebound UNI, the native token of decentralized cryptocurrency exchange (DEX) ...

Allbridge Hack Victims Begin Receiving Refunds for Stolen Funds

According to the Allbridge project team, users who were affected by the hack that occurred in early April are now receiving their funds back. The team announced that the first round of return payments was completed between April 5 and 9. For those who were not included in this first round, the ...

Tether Blacklists Address of Hacker Who Stole $25M in Cryptocurrencies

Tether, the issuer of the USDT stablecoin, has taken steps against an attacker who recently stole $25 million worth of cryptocurrencies from MEV bots through the use of a Sandwich method attack. The hacker took advantage of a security vulnerability in the decentralized exchange Uniswap on the Eth ...

Tokenized Gold Market Capitalization Reaches $1.02 Billion

The market for tokens linked to the price of gold has reached a total capitalization of $1.02 billion. PAX Gold and Tether Gold are the two dominant players in this market, accounting for 99% of the tokenized gold capitalization. These tokens provide a stablecoin option but are not pegged to f ...

Uniswap Hack: Cybercriminals Steal $25.2 Million in Cryptocurrencies

A group of cyber criminals took advantage of a security flaw in the Uniswap decentralized exchange platform, managing to swipe a staggering $25.2 million worth of digital currencies. The attack was allegedly focused on the liquidity pool (LP) of the protocol. A smart contract developer going by t ...

Reunit Wallet Launches Public Token Sale for Its Cross-Chain Wallet

After a successful beta testing and completion of a private token sale, the team behind Reunit Wallet, founded by a former Sushiswap protocol developer, is now launching a public token sale. This groundbreaking project claims to be the first-ever omni-chain wallet that uses technology from the cr ...

The deployed protocol is received by Uniswap users on the BNB chain

The Central Autonomous Organization (DAO) of Uniswap has appeared on various blockchains. In early January 2023, it became known that the protocol would also be deployed on the BNB chain. There is a possibility that Uniswap will be able to help and support BNB Chain with capital liquidity, which ...