2020-10-31 07:00 |
It’s been a bloody past few weeks for the DeFi market.
The post Top crypto fund manager explains the bull case for Uniswap (UNI) appeared first on CryptoSlate.
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Cryptocurrencies have been suffering higher volatility since the bear took control. For example, the fledgling crypto coin Bitcoin price plummeted to a low of $18,363 on Oct 13 and then reversed to $19,354 today.
Uniswap is an Ethereum-based automated liquidity protocol. Its operations ensure constant security, decentralization, and censorship resistance in the crypto industry, removing the need for intermediaries.
On Tuesday, a popular crypto start-up and founders of a leading decentralized exchange of the name Uniswap announced the acquisition of Genie, an NFT marketplace aggregator, as it plans to launch NFT trading on Uniswap soon.
Uniswap, Solana, and Cardano are holding their place among the best-performing blockchain networks.
Fintec advisory firm Topaze Blue, in conjunction with Bancor, recently published a report about impermanent loss (IL) on Uniswap V3. The post New report shows 50% of Uniswap V3 liquidity providers are losing money appeared first on CryptoSlate.
Institutional crypto asset manager Grayscale has announced its new investment in two different digital assets: high-speed blockchain Solana and DeFi protocol Uniswap. The post Grayscale announces investments in Solana (SOL) and Uniswap (UNI) appeared first on CryptoSlate.
On Friday, the world’s leading digital currency asset manager, Grayscale Investments announced the updated fund component weightings for Grayscale Digital Large Cap Fund, under which Smart contract platform Solana and decentralized exchange Uniswap, its latest investment assets were unveiled.