Source: UNIUSD Chart by TradingView
Since its inception, the Uniswap Protocol (“Uniswap”) has served as a trustless and highly decentralized financial infrastructure. Having proven product-market fit for highly decentralized financial infrastructure with a platform that has thrived independently, Uniswap is now particularly well-positioned for community-led growth, development, and self-sustainability. The introduction of UNI (ERC-20) serves this purpose, enabling shared community ownership and a vibrant, diverse, and dedicated governance system, which will actively guide the protocol towards the future.
Uniswap Labs rumored to be raising $100M in funding at a $1B valuation
Techcrunch reported that Uniswap Labs is being valued at $1B ahead of a proposed new $100M funding round
Uniswap in talks with 7 lending protocols to ‘build NFT financialization’
Uniswap said it will work with each lending protocol to "solve liquidity fragmentation and information asymmetry."
DeFi protocols Aave, Uniswap, Balancer, ban users following OFAC sanctions on Tornado Cash
Decentralization may be under attack as Aave, Uniswap, Balancer and more reportedly ban wallets which have interacted with Tornado Cash. A centralized dataset created by TRM Labs appears to be responsible for the accounts being banned.
Hackers steal over $4.7M from Uniswap V3 LPs via phishing attack
Uniswap LPs suffered from a phishing attack for 8 hours and lost over 4295 ETH. Binance Intel helped Uniswap out with the attack, which was stopped at July 11, 23:00 UTC.
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