Tag: UNI

Crypto, News

Uniswap Fined $175K By CFTC, But Market Reaction Signals Optimism

In a recent order issued by the U.S. Commodity Futures Trading Commission (CFTC), Uniswap Labs was fined $175,000 for offering illegal digital asset derivatives trading. This case specifically revolved around Bitcoin and Ethereum leveraged tokens that were deemed leveraged or margined commodity transactions. According to the CFTC, these tokens were […]

Crypto, News

Investor Reactivates Wallet To Withdraw $10.4M In $UNI Amid Ongoing Debate Over Token Utility

A significant investor’s wallet recently reactivated after six months of dormancy, making waves by withdrawing 1.48 million $UNI, valued at $10.4 million, from Coinbase Prime just two hours ago. This wallet now holds a substantial 3.91 million $UNI, worth approximately $27.2 million. This isn’t the first time this wallet has […]