Uniswap has removed 100 million UNI from circulation after its fee-burning proposal passed with near-unanimous support. Uniswap has executed a major token burn following the approval of its long-anticipated fee burning proposal, removing 100 million UNI, worth roughly $596 million at current prices, from the protocol’s treasury. Onchain data shows the burn transaction was completed…
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Bitcoin price begins a slow recovery, boosting the bullish momentum in ETH, UNI, FIL and GRT. After running hard for two weeks, Bitcoin is taking a breather near the $52,000 level. The bears are trying to start a correction, but the bulls are in no mood to relent. Strong equity markets, upcoming halving, and solid inflows…
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Key Ideas After receiving a resounding vote of confidence from the public in February, the Uniswap v3 implementation is now operational on the BNB Chain. Previously, Uniswap’s authorized bridge to the BNB Chain was the Wormhole multi-chain bridge. According to the extension, users will be able to exchange tokens using the network’s fast speeds and…
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