CLS Global, a financial services firm that acted as a “market maker” in the crypto industry, has agreed to resolve criminal charges related to fraudulent market manipulation.
Uniswap Labs said its v4 deployment would start this week so developers can test hooks, and full deployment is expected by next week.
The charges against CLS Global stem from an undercover FBI investigation on wash trading using its own cryptocurrency as bait.
CLS Global deployed "volume generation" algorithms for “many clients” to fake their volume before being baited with a crypto made by the FBI.
Raydium (RAY), a decentralized finance (DeFi) protocol built on the Solana blockchain, has garnered attention for its unique features, acting as an Automated Market Maker (AMM) and liquidity provider for the Serum DEX. The RAY token is integral to the platform, used for staking, governance voting, and earning protocol fees.
The breakout beyond the range highs occurred on high trading volume, indicating bullish conviction.
RAY, the native token of Solana-based automated market maker (AMM) and liquidity provider Raydium, has emerged as the market's top gainer over the past 24 hours. This has happened despite the broader market pullback during that period.
Amid increased bearish action, the crypto market has dropped to a notable extent with the price of Bitcoin retesting its important support trendline. Talking about the Ethereum-killer Solana, the SOL price has experienced a major correction following the rising concern about the Solana Network congestion.
Here is how some of your favorite assets concluded the week.
RAY has enjoyed the spoils of Raydium DEX's impressive lead in Solana.
Raydium (RAY) has had an exceptionally bullish week, surging over 62% in less than six days and capturing the spotlight in the decentralized exchange (DEX) market. This impressive rally has positioned Raydium as a market leader, with strong momentum that shows no signs of slowing down.
The cryptocurrency market has been experiencing significant fluctuations, but one asset that has recently caught the attention of traders and analysts alike is Uniswap's native token, UNI. After a period of struggle since December 2024, UNI has shown signs of a potential rally, with forecasts suggesting a possible 30% price surge in the coming days.
A surge in DEX token prices coincided with the launch of the so-called “official” Trump meme coin on Solana. Solana DEX tokens like Raydium, Jupiter, and Orca prices were among the top gainers in the hours that followed.
UNI's short-term price action could be in for some gains soon.
Users can now trade BGB directly on the Ethereum blockchain instead of relying solely on Bitget's centralized platform.
Crypto security expert Michael Lewellen has sued the U.S. Department of Justice for its “flawed and unjust” approach to blockchain code development.
On Thursday, the decentralized exchange (dex) and automated market maker (AMM) Uniswap revealed that transaction volumes on the platform's layer two (L2) solutions have surpassed the $500 billion threshold. Half a Trillion and Counting: Uniswap's Layer 2 Expansion Shatters Records Since its debut on Ethereum mainnet on Nov.
Bitcoin (BTC) briefly reclaimed $100,000 after registering a jump of almost 3%, making a strong recovery after plunging below $90,000 a day prior. The increase can be attributed to fresh inflation data and regulatory developments considered bullish for the flagship cryptocurrency.
The partnership between Uniswap Labs and Ledger marks an important step forward for the simplification and security of cryptocurrency transactions. The integration allows users to swap tokens directly on Ledger Live, Ledger's official application, without having to leave the platform.
Uniswap (UNI), a leading player in the decentralized finance (DeFi) ecosystem, is capturing attention with a dramatic spike in whale activity. According to data from IntoTheBlock, the volume of large transactions involving UNI highF by an astonishing 694% in the last 24 hours.
This partnership will allow users to swap tokens directly within Ledger Live. They will also keep their assets under control through Ledger's self-custody hardware wallets.
Surging whale activity and positive metrics set stage for UNI's rally to $17.
Ledger users can now trade on Uniswap directly from the application through a new partnership between both outfits.
The new integration will initially be available to desktop users.
Uniswap is set to integrate with Ledger Live, enabling token swaps directly via self-custody wallets and introducing clear signing for secure DeFi transactions.
Uniswap (UNI), one of the leading decentralized exchange protocols in the cryptocurrency market, has become a significant player in the decentralized finance (DeFi) ecosystem. Since its inception, UNI has been a key driver of the DeFi revolution, offering a trustless and decentralized alternative to traditional finance.
Explore the intertwined journey of Uniswap and Optimism, as founders Hayden Adams and Karl Floersch discuss their collaborative history and insights for web3 innovators.
Cryptocurrencies flashed mild bullish actions on Tuesday, with Bitcoin up 1.50% in the past day to trade at $94,987. While XRP (+3.21%), DOGE (+5.35%, and HYPE (+8.79%) mirrored Bitcoin's bounce-back above $95K, Uniswap's ecosystem developments signal more pain for UNI. Security platform ScaleBit discovered an alarming vulnerability within Uniswap's web3 wallet.
A critical vulnerability in Uniswap's Web3 wallet, flagged by ScaleBit, could allow attackers to bypass authentication and access users' mnemonic phrases.
Attackers with physical access to a user's device may be able to see the wallet's seed phrase, said the security firm.
Attackers with physical access to a user's device may be able to see the wallet's seed phrase, the security firm said.
Jito, the biggest liquid staking project on Solana, is doing well as the total value locked (TVL) in its platform and its fees hit a record high. According to data on its website, Jito (JTO) has a TVL of 14.
Sui extends gains by 4% on Friday, after rallying nearly 14% this week. Uniswap begins recovery on Friday after nearly 8% loss in value on the weekly timeframe.
The beta phase of Raydium includes over 70 trading pairs with leverage reaching 40x. It also introduces zero maker fees and taker fees set at 0.025%.
Decentralized exchange Raydium will offer future trading to Solana users, with the feature currently available in beta
Raydium launches perpetual futures trading beta with gas-free trading and low fees. Solana DEXs target $650B on-chain derivatives market.
Decentralized exchanges (DEX) are increasing their relevance on the cryptocurrency trading landscape, approaching the centralized platforms (CEX) in volume. In this context, Finbold selected three DEX projects to keep an eye for 2025.
Bitcoin (BTC) plummeted below $100,000 as the crypto markets witnessed a significant drop on Tuesday, driven by stronger-than-anticipated economic indicators that could delay Federal Reserve rate cuts. BTC was trading above $100,000 since January 6, when it reached an intraday high of $102,464.
UNI shows rebound potential, but $13.20 support is critical for bullish momentum.
The Block's GMCI indices for memecoins and AI tokens ended 2024 as the largest gainers, while gaming and Layer 2 tokens lost value overall.
The Raydium token rose for five consecutive days as its protocol volume rebounded sharply in the last seven days. Raydium (RAY) rose to $5.6, its highest level since Dec. 11 and 50% above its lowest level in December.
UNI's bullish patterns and metrics have sparked optimism for sustained growth.
DAOs expanded their holdings to over $34B in the past 12 months, as Uniswap built up the largest treasury. DeSci DAOs are also a growing sector.
TL;DR Uniswap Labs announces the launch of version 4 (v4) in 2025, featuring “Hooks” for custom code execution and other advanced features. Development delays led to a $15.5 million bug bounty program to ensure platform security and robustness. Uniswap is also working on Unichain, a new layer 2 solution to enhance Ethereum's efficiency and scalability.
Uniswap has announced that its highly anticipated version 4 (v4) will be “coming soon” in 2025, after missing its initial Q3 2024 launch target. The post Uniswap Teases Long-Awaited v4 Launch for 2025 After Missing 2024 Target appeared first on Cryptonews.
Uniswap Labs teased upcoming v4 release, emphasizing features like “Hooks” for customizable swaps and promising advancements.
Bitcoin (BTC) has steadied itself above $95,000 after suffering a year-end rout that drove the cryptocurrency to a low of $91,479 on December 30, before recovering to reclaim $95,000 and move to its current level of $95,413. BTC is up just over 2% over the past 24 hours.