Uniswap

THORChain Now Third Largest DEX As Trading Volume Hits $1.32B
Crypto

THORChain Now Third Largest DEX As Trading Volume Hits $1.32B

THORChain, a decentralized crypto trading protocol capable of cross-chain swaps, has emerged as a prominent player in the decentralized exchange (DEX) landscape by securing the third-highest trading volume in the past week. Users appear drawn to the high yield associated with its native token, RUNE.  Last week, THORChain’s trading volume hit $1.32 billion, third to […]

Nov. 13, 2023
Ethereum Foundation Hit By MEV Bot Attack
Ethereum

Ethereum Foundation Hit By MEV Bot Attack

Ethereum Foundation loses $9,101 to MEV Bot in Uniswap V3 transaction, while bot gains $4,060. This se­tback dealt a significant blow to Ethereum, the­ second-largest blockchain network. This data highlights an increasing problem of sandwich attacks in the crypto sphere. Over the past 30 days on the Ethe­reum chain alone, a staggering $1.3 million has […]

Oct. 11, 2023
Uniswap Foundation Seeks $62M More Funding
Blockchain

Uniswap Foundation Seeks $62M More Funding

The Uniswap Foundation aims to secure an additional $62 million in funding. They plan to allocate $15 million annually towards community grants supporting decentralized finance (DeFi) projects. The second tranche of funding is subject to an on-chain vote scheduled for October 4. This funding will bolster the development efforts of Uniswap, the leading decentralized exchange […]

Sep. 29, 2023
Ethereum Buying Surge On Uniswap Post Grayscale’s SEC Win
Ethereum

Ethereum Buying Surge On Uniswap Post Grayscale’s SEC Win

Grayscale’s legal win over SEC led to Uniswap surge with increased Ethereum buying after the news spread. According to reports from LookOnChain, when the price of ETH increased by 4%, one whale purchased 8,000 ETH in a single transaction, paying them 13.6 million USDC. The price of $ETH jumped ~4%. And a whale spent 13.66M […]

Aug. 30, 2023