The probe, launched under former SEC Chair Gary Gensler, had accused Uniswap of running an unlicensed exchange and issuing unregistered securities.
Uniswap Labs, the creator behind the largest decentralized trading platform on the Ethereum (ETH) blockchain, announced on Tuesday that the US Securities and Exchange Commission (SEC) has officially closed its investigation into the company without taking any enforcement action.
The United States Securities and Exchange Commission (SEC) has officially closed its investigation into Uniswap Labs, opting to take no further action according to an update issued by Uniswap.
Under President Trump, the U.S. SEC has stopped investigating several crypto and DeFi firms like Coinbase, OpenSea, Robinhood, and now Uniswap Labs.
The US Securities and Exchange Commission (SEC) officially closed its investigation into Uniswap Labs without taking enforcement action, according to a Feb. 25 statement. The investigation, which began over three years ago, centered on allegations that Uniswap Labs operated as an unregistered broker, exchange, and clearing agency and issued an unregistered security.
The SEC dropped its investigation into Uniswap Labs, causing the UNI token to briefly jump while bearish conditions still dominate the market. Despite the volatility, it has been a positive month for the decentralized exchange, as it launched the v4 upgrade and Unichain mainnet this month.
Uniswap celebrated the news on X, calling it a “huge win for DeFi.”
The US Securities and Exchange Commission (SEC) is set to drop its case with Uniswap Labs in what is considered a sustained shift in its pro-crypto agenda. According to an update from Uniswap Labs, the investigation into the case comes with no further action.
Uniswap's creator says that the SEC is closing its investigation without enforcement action, mirroring recent OpenSea and Robinhood moves.
Coinbase and OpenSea recently had their years-long investigations dropped by the SEC as the agency takes a friendlier approach to crypto.
The SEC's decision not to pursue action against Uniswap may signal a more cautious regulatory approach towards decentralized finance platforms. The post SEC drops Uniswap investigation without enforcement action appeared first on Crypto Briefing.
The crypto market remained relatively muted over the weekend as markets steadied themselves after the Bybit hack. Bitcoin (BTC) hovered around $96,000 after falling from a peak of $99,411 to $95,063 before marginally recovering and moving to its current level.
Uniswap has created history with its mind blowing hold over the world. The financial system was revolutionized when Uniswap started climbing the ladder.
Over the past year, AAVE has surged by 177%, becoming the top performing DeFi token.
Story, Ondo Finance (ONDO), OFFICIAL TRUMP, Solana (SOL), and Uniswap (UNI) are five Made in USA cryptos to watch closely in the last week of February. Story has gained massive attention as a top AI crypto, despite a recent short-term correction.
The shift of trading volume from centralized to decentralized exchanges, marks a potential recovery signal for Uniswap. With new contracts and growing share in the DEX market space, will the market demand for UNI token propel its price to $12?
The US-based crypto advocacy group Blockchain Association achieves a milestone by adding 16 prominent web3 projects, bringing total membership close to 100.
Wormhole integrates with Unichain, facilitating seamless asset transfers across blockchains. This partnership enhances DeFi liquidity and offers developers efficient cross-chain solutions.
UNI approaches key trendline support level as whales eye price reversal for a potential rally to $10.
Pi Network (PI) has shattered records, becoming the largest and most valuable airdrop in crypto history, surpassing Uniswap's (UNI) previous achievement. This development follows the network's mainnet launch and the token's debut on major exchanges, sparking huge excitement in the crypto industry.
The crypto market is showing signs of a recovery after weeks of bearish sentiment. Bitcoin (BTC) is up nearly 2%, reclaiming $97,000 as bullish sentiment returned after weeks of muted price action.
Pi Network (PI) has become the largest and most valuable airdrop in crypto history, surpassing Uniswap's (UNI) previous record.
Uniswap, a top decentralized exchange (DEX), has been facing difficulties in gaining momentum over the past few weeks. Despite its attempts to recover from earlier losses, the token price remains stuck below the $10 mark.
Despite high expectations, Uniswap V4 DEX has captured just 0.01% of the platform's total trading volume, significantly trailing the rapid adoption of V3 and V2.
Uniswap, a leading decentralized exchange (DEX), has faced significant challenges in recent weeks. Despite its attempts to recover recent losses, the price has remained stalled below $10.
Amid the recent flurry of controversial meme coins on Solana, Uniswap CEO Hayden Adams has weighed in, claiming that flawed launches are often intentional rather than accidental.
Uniswap (UNI) is currently at a crucial juncture in its price action, and whether it will see a significant breakout or a further decline largely depends on its ability to maintain a key support level. At the time of writing, UNI is trading near the $9.60 mark, having dropped 2.25% in the last 24 hours.
If Uniswap holds above the $9.55 level, it could soar by 30% to reach the $12.60 level, else drop by 15% to reach $8.15 in the future.
Uniswap's price has retreated over the past few months, and a recently formed death cross pattern suggests the potential for further losses. Uniswap (UNI) token was trading at $10 on Tuesday, down over 50% from its peak in November.
Cryptocurrency prices were in a highly consolidating phase on Tuesday morning as Bitcoin remained below $100,000. Most tokens were largely unchanged, with many of them waiting for Bitcoin to give them direction. This article provides top crypto price predictions for several tokens like Monero (XMR), Uniswap (UNI), and Cardano (ADA).
Uniswap (UNI) has recently captured the attention of the crypto market following its breakout from an Adam & Eve pattern, a technical chart formation often seen as a sign of a trend reversal. Traders and analysts are now eyeing a potential 30% price surge, with UNI possibly reaching $13 in the near term.
UNI's price could be preparing for an interesting turn of events in the near term.
The Uniswap price appears to be recovering nicely after a disappointing performance at the beginning of the year. The DeFi token rallied past the $10 mark in the final hours of Friday, February 14, reflecting the improving climate of the general crypto market.
DeFi coins on the Ethereum network have retreated this year, aligning with other cryptocurrencies. Some of the top blue-chip DeFi crypto coins on the network may start benefiting from an investment by Ethereum Foundation, which has started to deploy its 50k ETH balance.
Bitcoin (BTC) rebounded after dropping to a low of $95,346 late on Thursday to reclaim $97,000. However, price action remains sluggish, and market sentiment is mixed.
PancakeSwap, a leading decentralized exchange (DEX) on BNB Chain, has surpassed Uniswap in daily and weekly trading volume, driven by increased interest in memecoins. According to DeFiLlama, PancakeSwap recorded over $3 billion in 24-hour volume and $21 billion weekly, while its native token, CAKE, soared 40% in a day and doubled in value over the week.
CZ hinting he will unveil his pet dog's name and likeness has ignited a wave of speculation over the potential launch of a new memecoin.
Will Unichain live up to the hype, or will it fizzle out once the excitement dies down?
Uniswap price has rebounded in the past few days, moving from a low of $6.9565 last week to near $10 today. UNI token has jumped by over 42% from its lowest point this month, as the Unichain mainnet neared the 1 million transactions.
On Tuesday, Uniswap launched the mainnet of its brand new layer-two Ethereum scaling protocol, called Unichain.
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Uniswap takes a major new step with the launch of Unichain, its Layer 2 blockchain on Ethereum. This announcement comes just a few days after the successful deployment of its version 4 on twelve major networks.
Uniswap Labs has finally launched the Unichain mainnet, an Ethereum layer-2 optimistic rollup built on the Optimism OP stack.
Uniswap has launched Unichain, a Layer-2 network built on Optimism's technology, offering 95% lower gas fees and one-second block times, with major protocols already building on the platform and a revenue-sharing model between validators, Uniswap Labs, and the Optimism Collective.
The world's most popular decentralized exchange has made an entry into the crowded Ethereum layer-2 space.
The team behind the top decentralized exchange Uniswap (UNI) is officially launching its new Ethereum (ETH) layer-2 blockchain. In a new announcement from Uniswap Labs, the firm says Unichain mainnet officially launched today according to plan. As per the announcement, Unichain will be a layer-2 optimized for decentralized finance (DeFi) transactions on Ethereum.
Uniswap has announced the mainnet launch of its Ethereum layer-2 blockchain, Unichain.