DeFi Giant Uniswap Takes Hit After News of SEC Investigation Breaks
Crypto traders are scrambling as news that Uniswap Labs is under investigation by the U.S. Securities and Exchange Commission roiled the DeFi industry Friday. Uniswap, a powerhouse in the DeFi space with a token sporting a $29B market cap, suffered a sell-off in morning trading, with UNI dropping 2.5%, to $29.08, according to CoinGecko. The…
By: Brady Dale •
Regulation & Politics
Crypto traders are scrambling as news that Uniswap Labs is under investigation by the U.S. Securities and Exchange Commission roiled the DeFi industry Friday. Uniswap, a powerhouse in the DeFi space with a token sporting a $29B market cap, suffered a sell-off in morning trading, with UNI dropping 2.5%, to $29.08, according to CoinGecko. The…
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