Decentralized crypto exchange Uniswap has slumped in the US App Store's finance category rankings. The block data shows Uniswap plunged from 99 to 364 in ranking within two months. The substantial shift came after the protocol soared to new heights following Donald Trump's presidential victory.
Uniswap's App Store ranking has plummeted from 99 to 364 in just two months, marking a drastic decline.
Uniswap's U.S. app store ranking surged after the pro-crypto election victory but has since collapsed from #99 to #364, reaching record lows.
Sei Blockchain, the layer-1 chain in a significant bet towards the developing concept of decentralised science, has announced the acquisition of 23andMe after the latter filed for the Chapter-11 Bankruptcy. The California-based genetic testing and biotech company, 23andMe, has been offering DNA testing via saliva samples for millions of Americans since 2007.
TL;DR Sei Foundation is considering acquiring 23andMe after its bankruptcy filing, aiming to protect the genetic data of millions of users using blockchain technology. The proposal empowers individuals by giving them full control over how their genetic information is stored, shared, and monetized.
Uniswap (UNI) has slipped below the crucial $6.7 support level, raising concerns about a potential extended downturn. This breakdown comes amid increasing selling pressure, signaling that the bulls may be losing their grip on the market.
The Sei Foundation, the nonprofit behind the Sei (SEI) layer-1 blockchain, is considering acquiring bankrupt personal genomics giant 23andMe. The goal? To bring the genetic data of 15 million users onto blockchain rails, ensuring privacy, ownership, and control in what its calling its boldest DeSci bet yet.
The Sei Foundation is exploring the acquisition of 23andMe, a bankrupt genetic testing company, with plans to bring its data infrastructure onto the Sei blockchain. In a statement released on March 27, the Foundation revealed that the acquisition would mark a significant step toward protecting genetic data through on-chain solutions.
Sei Foundation revealed plans to acquire genetic testing firm 23andMe, which filed for bankruptcy early this week. The potential deal aims to revolutionise genetic data security and privacy using blockchain, guaranteeing user authority over sensitive details. The company said: We believe user data sovereignty is a matter of national security.
After 23andMe declared bankruptcy in the United States on March 23, 2024, the Sei Foundation, linked to the Sei blockchain network, announced its intention to consider acquiring the genetic testing company. The goal would be to protect the privacy of the genetic data of about 15 million users, offering them ownership and direct control of the information through secure and encrypted blockchain tools. The project, announced in a post published on March 27 on the official X account of the Sei network, aims to address an issue of growing importance: the security of bio-genetic data in the digital age, especially in contexts of financial instability like the current one of the American biotech company.
Sei Foundation considers acquiring bankrupt genomics firm 23andMe, saying it wants to protect the genetic privacy of 15m Americans by securing their data on blockchain. The post Sei Foundation Eyes 23andMe Buyout to Secure Genetic Data On Blockchain appeared first on Cryptonews.
The foundation behind the layer-1 blockchain, Sei, announced it was exploring the acquisition of the genetic testing company 23andMe after the firm filed for bankruptcy.In a March 27 X post, the Sei network said its foundation was considering purchasing 23andMe “to defend the genetic privacy of 15 million Americans” by putting the company's data on the blockchain. According to the foundation, if it acquires the biotechnology company, it plans to deploy all the genetic information on the blockchain and “return data ownership to users through encrypted, confidential transfers.
23andMe, the genetic testing company that went public in 2021, announced on March 23 that it was filing for Chapter 11 bankruptcy.
If the acquisition proceeds, the foundation plans to integrate 23andMe's data onto its blockchain and give users ownership of their genetic data.
Coldware (COLD) has carved a distinctive space in the DeFi and Web3 landscape by integrating blockchain-native hardware with a utility-first ecosystem. Unlike legacy platforms built purely in code, Coldware (COLD) introduces a physical dimension to Web3 through its IoT-enabled ColdBook® devices and mobile-ready Larna 2400® nodes. These devices, combined with its dApp store, Freeze.
Once projects hit a critical mass, the economics and control offered by custom application-specific blockchains become too compelling to ignore
The crypto market continued to increase over the past 24 hours, rising almost 1% to $2.86 trillion as it inches towards the $3 trillion mark. Bitcoin (BTC) saw a marginal rebound as it went from $86,380 to $88,447 before declining to its current level.
Zero-knowledge proof (ZK-proof)-based compliance protocol PureFi has launched its Know Your Customer (KYC) and Anti-Money Laundering (AML) integration for the Uniswap decentralized exchange (DEX).According to a recent announcement shared with Cointelegraph, PureFi claims that its ZK-proof-based KYC and AML integration for Uniswap helps address security and compliance concerns at the protocol level. While the integration can be implemented as part of any Uniswap v4 pool, it was deployed as part of the PureFi DEX Uniswap implementation, replacing standard interfaces with custom compliance routers.
Uniswap [UNI] has flipped a key descending trendline, fueling a bullish push toward $8.
PancakeSwap witnessed remarkable growth over the past few sessions, with its trading activity increasing by nearly 60% within the past week. The renewed investor and trader optimism saw CAKE gaining over 17% in the last seven days. The remarkable upside coincided with increased trader activity on PancakeSwap.
Binance Announcement Today: The cryptocurrency exchange behemoth again nabbed substantial investor attention with its latest update on six tokens. On Monday, March 24, the CEX revealed plans to update the collateral ratios for CRV, UNI, ALGO, KSM, XTZ, and XEC crypto under ‘Portfolio Margin.
The competition among decentralized exchange platforms (DEX) has seen a significant shift. PancakeSwap has surpassed Uniswap in weekly transaction volume, claiming the top spot among decentralized exchanges. In a tweet, CoinMarketCap highlighted this milestone of Pancakeswap, explaining that the platform traded 14 billion dollars in one week with a growth of 58.04%. Pancakeswap thus surpassed Uniswap.
Per data aggregated from coinmarketcap.com and defillama.com, the decentralized exchange (DEX) platform Pancakeswap has eclipsed Uniswap in seven-day trading volume this week. DEX Volume Wars Analytics unveiled via a Sunday post on X by coinmarketcap.com's social media account reveal that the DEX Pancakeswap secured the top position in this week's trading volume figures.
PancakeSwap has claimed the top position in global decentralized exchange (DEX) rankings, achieving over $14 billion in weekly trading volume. According to CoinMarketCap data, PancakeSwap (CAKE) has seen an impressive 58.04% increase in activity over the past week.
Coinbase has launched Verified Pools, a tool to swap or trade tokens over a DeFi network. However, with an added feature, liquidity providers must verify their identities.
UNI may be poised to maintain its momentum on the charts, supported by growing demand and fall in selling pressure.
This week has seen a resurgence in trading activity in the crypto market. It is reflected by the spike in global crypto market capitalization, which has grown by $101 billion in the past seven days.
More than 80% of governance participants voted in favor of two new proposals that will fund the Uniswap Foundation's initiatives.
Uniswap revives the long-debated fee switch that could reshape its revenue model.
TL;DR PancakeSwap solidifies its position as the third-highest revenue-generating protocol in the last 24 hours, reaching $4.56 million and surpassing platforms like Uniswap, Jupiter, and Lido. The price of CAKE has surged 45.72% over the past week, driven by the platform's growth and increasing investor interest.
Bitcoin edged higher on March 20, 2025 as an injection of optimism helped several altcoins higher. XRP, Uniswap (UNI), and Bonk (BONK) are all seeing notable gains, leading the top 100 by market cap. Meanwhile, BNB Chain tokens are also rising following Binance's vote-to-list announcement on Wednesday.
Part of the steps toward sharing revenue would be to make the Uniswap Foundation a legal entity.
Uniswap price has climbed 8% to $7, driven by community approval of governance proposals to activate the long-anticipated fee switch.
Uniswap's UNI token price jumped after the community approved a $165.5 million funding package that advances the fee switch initiative allowing token holders to earn protocol revenue.
The Uniswap community has approved two governance proposals aimed at expanding the Uniswap ecosystem. These are under the “Uniswap Unleashed” framework, which seeks to advance the growth of the Unichain Layer-2 and the Uniswap v4 protocols.
The Uniswap (UNI) community has voted in favor of two significant governance proposals, allocating $165.5 million to the Uniswap Foundation to stimulate ecosystem development.
The crypto market today was a bit upbeat as the market reflected on the latest Federal Reserve interest rate decision and the decision by the Securities and Exchange Commission (SEC) to end its Ripple Labs appeal.
Uniswap's governance decision to approve $165.5 million in funding has sparked a surge in UNI token price, which has jumped by over 10% in the last 24 hours. The live price of UNI now stands at $7.01, with a trading volume of approximately $292 million.
Uniswap (UNI) is currently approaching one of its most critical technical thresholds, the 100-day Simple Moving Average. This level often acts as a crucial support or resistance zone, dictating the next major price direction.
The proposals aim to grow the Uniswap ecosystem after Uniswap v4 and Unichain went live earlier this year.
Bitcoin and many altcoins cautiously bounced back on Wednesday ahead of the Federal Reserve interest rate decision. Bitcoin (BTC) rose to $84,500 as it struggled to move above the psychological barrier of $85,000.
Ahead of Wednesday's Federal Funds Rate announcement, the altcoin market, led by Uniswap (UNI), has been hinting at a possible bottom for the recent wider correction. The palpable rally of gold, in the past few weeks towards a new all-time high, has rejuvenated a potential rebound for Bitcoin (BTC) and the wider altcoin space.
The crypto market remained relatively flat over the past 24 hours, with the market cap registering a marginal decline and falling to $2.71 trillion. Markets were mixed, with some cryptocurrencies registering marginal increases while others registered marginal declines.
The DHN token price quickly dropped 50% after Ethereum co-founder Vitalik Buterin sold off the tokens he received for free, exchanging them for $125,000 in ETH.
Bitget Wallet has expanded its multi-chain MEV protection, enabling it by default across major blockchains to protect users from MEV bot attacks. In a press release sent to crypto.
PancakeSwap's native token CAKE surged 15% as the trading platform overtook other decentralized exchanges in daily trading volume, reaching $1.64 billion.
This unexpected boost has industry watchers speculating about the next potential breakout. Could XYZ be on the brink of a similar rise?
One crypto exchange's loss is another crypto exchange's gain. This holds true with cryptocurrency exchange Uniswap after it recorded a weekly loss of over 20% brought by a large investor offloading a huge number of tokens.