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The wallet browser extension support 11 blockchains including Ethereum, Base, Blast, Optimism and Arbitrum.

BTC's recent surge indicates strong demand at lower levels, with the cryptocurrency recording weekly inflows of over $1.3 billion, according to data from CoinShares.

In a strategic move, Uniswap (UNI) has decided to integrate ERC-7683 to solve chain fragmentation challenges. Uniswap Propose EIP-7683 with Across Protocol According to an X post, Uniswap Labs noted that the future is heading towards cross-chain.

Uniswap Labs, the organization behind the decentralized exchange (DEX) platform Uniswap, has taken a stand against proposed regulatory changes by the U.S. Securities and Exchange Commission (SEC). This move has flashed significant debate and implications for the future of decentralized finance (DeFi) and the price trajectory of UNI, the native token of Uniswap.

UNI, has recently seen a resurgence fueled by a substantial investment from a whale or institutional investor. This infusion of $2 million into UNI comes amidst a broader market recovery, raising intriguing possibilities for its future price trajectory and market sentiment.

The consolidation trend in the cryptocurrency market continues as the leading digital asset Bitcoin struggles to sustain above $58000. Amid the uncertainty, the Ethereum price and altcoins under its ecosystem show a slight uptick due to market speculation of spot ETH ETFs getting approved around mid-July.

A crypto whale is accumulating massive amounts of Uniswap (UNI) and Aave (AAVE), according to on-chain data. Blockchain tracking firm Lookonchain reports that the deep-pocked investor abruptly spent $4 million to add more UNI, the native asset of the decentralized exchange (DEX), and AAVE, a money market protocol, to his digital asset holdings.

Uniswap rebounds from a crucial support level amid whale accumulation, signaling a potential 44% upswing.

As the bullish trend in the crypto market regains momentum, the recent recovery brings a refreshing shift in the DeFi space. With the rising demand for AAVE and UNI for staking activities, these altcoin prices are ready for a trend reversal.

Uniswap Labs, the innovative force behind the Uniswap decentralized exchange, is making waves by urging the U.S. Securities and Exchange Commission (SEC) to reconsider its proposed rules aimed at regulating decentralized finance (DeFi). This call for action follows a recent Supreme Court decision that restricts the authority of federal agencies in interpreting ambiguous laws.

Uniswap Labs wants the SEC to drop its definition of 'exchange.'

With the Supreme Court ruling late last month against the government-favored “Chevron Deference,” one crypto industry leader being targeted by the agency is already using the decision to its advantage.

Amid the recent market recovery, the Uniswap price correction managed to stabilize above $7.5 support. While the price trajectory is still sideways, the long-tail rejection in the daily chart shows buyers are preventing major correction.

Top decentralized exchange (DEX) Uniswap has urged the US Securities and Exchange Commission (SEC) to drop its proposed attempt to expand the definition of an “exchange” to include DeFi markets, according to a July 9 letter. Last year, the SEC proposed expanding the definitions of an exchange to include participants in the DeFi markets.

The DEX pointed to the Supreme Court's ruling on Chevron deference, arguing that the SEC should abandon its effort to regulate DeFi.

This development addresses the longstanding challenges associated with transferring USDT between different chains. It has often been slow, expensive, and reliant on wrapped tokens that introduce additional risks.

Bitcoin (BTC) has bounced back after falling to a day low of $53,591 on Friday and is moving towards $60,000. However, analysts have warned that markets will remain volatile for the foreseeable future.

Uniswap Labs is challenging the US Securities and Exchange Commission's (SEC) proposed rulemaking efforts that would expand the definition of a crypto ‘exchange' under US securities laws to include decentralized finance (DeFi) platforms.

Uniswap stated that the US SEC would be wasting “limited resources” by working on amending the definition of “exchange”. It added that the SEC's proposed amendments have a broad scope with “no discernible limits” for the public.

Uniswap Labs challenges the SEC's authority to regulate DeFi platforms, citing a recent Supreme Court decision that overturned the Chevron deference

In a recent letter dated July 9, Uniswap Labs cited the Supreme Court's decision in the case of Loper Bright Enterprises v. Raimondo, which ruled that courts are no longer required to defer to federal agencies' interpretations of ambiguous laws.

Uniswap Labs, the developer behind the Uniswap Decentralised Exchange, has urged the SEC to drop its proposal to rule over Defi, citing a recent Supreme Court decision claiming that the proposed changes would intrude the SEC's authority over the DeFi platforms and are likely to be rejected by the Supreme Court.

Uniswap Labs argues the SEC's proposed legal amendments to give it power over DeFi are being made against “a legal backdrop that no longer exists.”

Uniswap Labs has formally petitioned the U. S. Securities and Exchange Commission (SEC) to revisit the proposed rule changes it has made to the Securities Exchange Act of 1934 with the aim of broadening the definition of an “exchange”.