Tag: UNI

Crypto, News

DeFi Tokens Surge As Trump’s Election Spurs Investor Optimism

In the wake of Donald Trump’s recent election win, decentralized finance (DeFi) tokens, particularly Uniswap ($UNI) and Lido DAO ($LDO), are seeing notable gains as investor sentiment turns positive. Both tokens, which previously faced scrutiny from the U.S. Securities and Exchange Commission (SEC) with Wells Notices indicating possible regulatory action, […]

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 […]