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CZ replied to users on Twitter about Binance's becoming the second-largest voting entity in the Uniswap DAO.

Uniswap founder Hayden Adams is concerned by crypto exchange Binance's sudden move to delegate 13.2 million UNI tokens into its own wallet, making it the second-largest entity by voting power in the Uniswap DAO. "The Hash" panel discusses the latest in DAO governance.

The crypto market had a sideways day with the total market cap registering at the same level as the previous 24 hours and the largest coins in the market barely moving one way or the other.

CZ stated that Uniswap "misunderstood" the situation. 

Binance, the world's largest cryptocurrency trading exchange by volume, is now the second biggest voting member of the decentralized exchange Uniswap DAO . The company delegated 13 million UNI (CRYPTO: UNI) tokens from its own book.

Upward trends in price charts bode well for Uniswap. CoinGecko reports that over the past 30 days, the token's value has increased by 17.6 percent.

With the exception of stablecoins, all of the top ten cryptocurrencies by market capitalization declined in early Thursday morning. Uniswap, which ranks 16 in terms of market capitalization, was the only bright spot in a sea of red in the last 24 hours, posting just minor increases.

The centralized exchange allegedly used 13 million UNI to have a say in the DAO

Binance CEO Changpeng Zhao has clarified that the exchange did not intentionally delegate 13 million UNI tokens to itself. The post Binance didn't intend to delegate 13 million UNI tokens, says CEO appeared first on The Block.

Binance delegated 13.2 million UNI tokens yesterday, making it the second-largest entity with voting power in Uniswap decentralized autonomous organization.

Uniswap is a decentralized exchange that gained enormous fame during the decentralized finance hype in 2020. It went from a few million dollars to a trading volume of 100 billion dollars in the span of just one year.

WhaleStats, a crypto whale movement tracking platform, tweeted a list of most used smart contracts by the top 500 BSC whales. Standing at rank #8 was UniSwap [UNI], which was good news for the blockchain as it indicated increased popularity of the chain and its native token.

The prices of cryptocurrencies have tanked once more. And while several big-name cryptos struggle with a bear run, many digital assets are trading in the green. 

This move will allow Binance to propose governance votes, but is not enough to meet the quorum 4% requirement.

The technical chart shows the Uniswap coin price forming an inverted head and shoulder pattern in the daily time frame chart. This bullish reversal pattern is known to flip the market sentiment and initiate a series of new higher highs and higher lows trends.

Binance is now ranked as the second-largest voter in the Uniswap DAO after a16z

Uniswap's founder has accused Binance of using customer funds to amass governance votes.

Uniswap founder Hayden Adams is concerned that the exchange might be using its users' funds for participating in governance. The post Binance now second-largest entity by voting power in Uniswap DAO appeared first on The Block.

As we enter another week, the crypto market is still very unstable due to the US Federal Reserve's continuous hike of interest rates.

Uniswap price analysis is bullish today after the price broke the $6.64 barrier to rise up to $6.52 over the past 24 hours. The price levels have covered an upwards range, as the bullish momentum has proved to be quite steady.

Uniswap (UNI), PancakeSwap (CAKE), and SushiSwap (SUSHI) prices appear to be gaining bullish momentum. The post Uniswap, PancakeSwap, and SushiSwap Price Prediction: Bullish Breakout Underway  appeared first on BeInCrypto.

Decentralized exchanges are attracting more attention lately. Uniswap (UNI) and PancakeSwap (CAKE) remain investors' top two choices regarding DEX platforms due to their ease of use. Are DEX native tokens worth your money? Let's find out. Before we jump in, The Hideaways (HDWY) is our analyst's top pick for the best cryptocurrency of 2023.

Uniswap price analysis shows a bearish trend that has brought the UNI/USD value down to $6.34. The market had a breakout to the upside that found resistance at $6.43, which caused the market to roll over and head back down.

Crypto price today Oct 18th: The ongoing relief rally in the crypto market pauses to sustain prior recovery. Though the overall market sentiment is still negative, some crypto coins may offer a near-term rally.