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Uniswap announced that it would be airdropping USDC to Genie customers. DappRadar reports USD volume of NFT purchases has plummeted

Uniswap Labs, one of DeFi's most prominent decentralized exchanges, has acquired an NFT marketplace aggregator for an undisclosed amount, a bullish move in the current crypto market turmoil. Uniswap Labs said Tuesday that it has acquired NFT marketplace aggregator Genie.

Decentralized exchange Uniswap to add additional NFT functionality to its platform following the acquisition.

The popular DeFi exchange will add support for non-fungible tokens this fall.

The move marks part of its expansion effort to include NFTs and ERC-20 tokens on its platform. The post Uniswap Labs acquires NFT marketplace Genie appeared first on The Block.

The company behind Ethereum's popular DeFi trading hub plans to support the buying and selling of NFTs.

Responding to last week's sell-off, the Uniswap (UNI) price pierced through the range support of $4.5 on June 11th. The breakdown fell to 24.8% and reverted immediately to retest the breached resistance.

The price of Uniswap (UNI) fell to its previous low of $3.57 on June 13. The bulls have consistently defended the previous low over the past month. The previous low of May 12 at $3.57 has held for the past month. The bears tried to undercut that level while the bulls bought the dips.

The idea of cryptocurrencies is to build decentralised finance, a world where financial power returns to the people as individuals, as opposed to governments or third parties or centralised systems. But the central theme is wealth generation potential embedded in every cryptocurrency. Solana (SOL), Uniswap (UNI), and Logarithmic Finance (LOG) are some of such cryptocurrencies …

Imagine buying Uniswap's native crypto UNI in December 2020, just before it embarked on a strong rally up until May 2021. Such a chance has presented itself once again courtesy of the latest crypto market crash.

The former hedge fund manager and convicted fraudster created his DEX in order to be a “thorn in [Uniswap creator Hayden Adams's] side.”

The selloff in crypto assets has affected the decentralised finance (DeFi) space. Volumes locked have dropped significantly over the past month, and DeFi coin prices [.

Coinspeaker First NYSE Female President Joins Uniswap Labs as Adviser

Despite the current challenging environment and the associated market uncertainties, crypto firms such as Binance, Kraken, and Polygon have joined Uniswap Labs in driving their recruitment strategies.

Uniswap said it is betting on her experience with TradFi translating over to DeFi to further help them evolve their place in Web3.

Uniswap Labs said that Cunningham was joining the team due to her belief in “the potential of decentralized exchange and in Uniswap Labs's commitment to fairer markets.” The post Former NYSE president joins Uniswap Labs as advisor appeared first on The Block.

Key takeaways: Uniswap labs have welcomed the former President of the New York Stock Exchange, Stacey Cunningham, as an advisor. Ms. Cunningham served as the NYSE's first female President between 2018 and 2022.

Stacey Cunningham, the first female president of the NYSE, will serve as an advisor to the company behind the DeFi protocol.

Someone could potentially buy second largest cryptocurrency on market with 15% discount

Uniswap [UNI] took a hit just like every other cryptocurrency. But its presence in the market as a decentralized exchange might have something more in store for the token of the protocol.

Ethereum Key Takeaways: – ETH prices have plummeted below $1300 – Selling pressure intensifies, which triggers the decline. – Dire price forecasts for ETH Having lost about 20 percent of its value over the past 24 hours and hovering around $1,200 on Monday morning, many crypto investors and market observers are prepared for a massive Ether decline back into the triple digits.

Ethereum (CRYPTO: ETH) plummeted to $950 at one point Monday, driven by 65,000 ETH dumped on Uniswap (CRYPTO: UNI). What Happened: On June 13, ETH fell below the spot price, relative to other exchanges, to $950 on Uniswap.

ETH managed a sharp rebound after falling to $950. But the ETH/USD bearish continuation setup could have it revisit it.

An ETH whale unwinds a huge position to repay debts, causing WETH's price on Uniswap's USDC pair to dip below $1K.