UNI Rallies 10% As BlackRock Brings Treasury‑Backed BUIDL Token To Uniswap

Uniswap’s native token, UNI, posted a sharp gain on Wednesday after the world’s largest asset manager, BlackRock, announced plans to bring its Treasury‑backed digital fund, BUIDL, onto the decentralized finance (DeFi) platform.  The move, which also includes BlackRock’s intention to purchase UNI tokens, fueled a strong rally in the token during the trading session. BUIDL… Continue reading UNI Rallies 10% As BlackRock Brings Treasury‑Backed BUIDL Token To Uniswap

UNI Price Slides 8% As Uniswap Delays Crucial Voting Proposal

In a blow to the momentum of the Uniswap native token, UNI, the decentralized exchange (DEX) has been forced to postpone a highly anticipated proposal that would have improved its token governance and fee distribution model.  Meanwhile, the company is also locked in a legal battle with the US Securities and Exchange Commission (SEC) over… Continue reading UNI Price Slides 8% As Uniswap Delays Crucial Voting Proposal

UNI Price Soars 20% As Uniswap Labs Pushes Back Against SEC’s Wells Notice

Uniswap Labs, the creator of one of the largest decentralized trading platforms, is challenging a potential enforcement action by the US Securities and Exchange Commission (SEC), arguing that crypto tokens should not be classified as securities.  The New York-based firm recently refuted the allegation that it operated as an unregistered exchange and broker-dealer. This response… Continue reading UNI Price Soars 20% As Uniswap Labs Pushes Back Against SEC’s Wells Notice