The cryptocurrency community is rallying around Uniswap following the U.S. Securities and Exchange Commission's (SEC) issuance of a Wells notice to Uniswap Labs, the decentralized finance (DeFi) platform. This notice, signaling the SEC's intent to sue Uniswap for operating as an unregistered exchange, has led to a significant drop in the price of Uniswap's native token, UNI, which fell nearly 17% to $9.27, marking a 50-day low. Industry voices, including Uniswap founder Hayden Adams and supporters, have expressed their determination to fight the SEC's actions, emphasizing the platform's decentralized nature and its pioneering role in DeFi. The case is seen as a pivotal moment for the industry, with potential implications for the future of decentralized technologies and the broader crypto market.
Real ones know that the SEC went after Uniswap coz they lost against Brian and wanted an "easier win" not taking into account that they've essentially poked a sleeping dragon of the space https://t.co/rzadlT41p3
The Uniswap lawsuit will be one of the strongest uniting forces among the crypto community that we’ve ever seen. Everyone in the industry understands that Uniswap embodies the spirit of decentralization, the power of defi, and freedom of speech. All causes worth fighting for.
📣 Top stories of the day 📣 📉 #Uniswap nosedives 16% on news of Wells notice 🔄 #GBTC ETF outflows hit record low as market anticipates BTC halving 💰 Demand appears to have outpaced issuance as #Bitcoin halving nears 🏦 Founder of #Solana-based trading protocol Marginfi…
The SEC’s probe of Uniswap marks the largest decentralized target the regulator has gone after to date. https://t.co/IgTVxISiLx
$UNI slid almost 20% in the past 24 hours amid news that the @Uniswap received a notice from the @SECGov that it intends to pursue an enforcement action. Watch "Chart of the Day" take a look, presented by @cryptocom: https://t.co/BkYQFzWfnW https://t.co/sMfT7rpvtd
🗞️ @Uniswap receives a Wells notice 🗞️ @Grayscale #bitcoinETF sees record-low daily outflow of $18 million 🗞️ Dubai regulator looks to reduce compliance costs for small crypto firms @JennSanasie has today's top crypto headlines on "CoinDesk Daily" 👇 https://t.co/PWu0xGz5Fp
Uniswap received a Wells notice — now what? https://t.co/EKqkqZgqDI
It's been a huge week for DeFi. I sent a newsletter issue covering: • Eigenlayer's first rival • Uniswap's Wells notice from the SEC • Eigenlayer mainnet launch Read it here: https://t.co/ik8WaXH0AL
Uniswap's token, UNI, is down 17% Thursday morning since announcing that it was served a notice that it would likely be sued by the SEC. https://t.co/T8EoeQa55m
This week's DeFi news👇 Uniswap Labs received a Wells notice from the SEC yesterday Monad, an upcoming highly scalable EVM chain, announced a $225M fundraise Eigenlayer and EigenDA have launched on mainnet. Restakers can now restake ETH to actively validated services, which… https://t.co/6Owb5ivj3s
The SEC's attack on New York-based @Uniswap is yet another example. The USA is a dangerous place to innovate in the financial services arena. It doesn't have to be this way. 👇 https://t.co/uBmmievBOa
the SEC is literally behaving like 3rd world dictators against good actors like Coinbase and Uniswap The current US government is so bitter and jealous about crypto it’s not even funny Meanwhile they can’t even pass their own audits LOL. Biggest scammers of all time
the SEC are literally acting like 3rd world dictators against good actors like Coinbase and Uniswap The current US government is so bitter and jealous about crypto it’s not even funny Meanwhile they can’t even pass their own audits LOL. Biggest scammers of all time
FOMO HOUR #96 - THE SEC RETURNS! • Crypto bounces despite high CPI, BTC nears ATH • Funding lowest its has been with BTC > $70K • ETFs see small net inflow, Grayscale outflows tiny • Uniswap set to face SEC enforcement, UNI falls 7% • Uniswap founder says they will fight… https://t.co/RB84HgtFDD
#Bitcoin whales buy the dip, SEC goes after @Uniswap, and memecoin trading volume appears to be crashing. Is the memecoin burnout caused by the @solana bottleneck? @rkbaggs and Rise’n’Crypto have the answers. 👇 https://t.co/kkNHALTYGK
#Bitcoin whales buy the dip, SEC goes after @Uniswap, and memecoin trading volume appears to be crashing. Is the memecoin burnout caused by the @solana bottleneck? @rkbaggs and Rise’n’Crypto have the answers. 👇 On today’s episode: 📉$BTC price weakens after hot CPI print… https://t.co/l5nr9ekmmW
While the SEC targeting Uniswap is not a surprise at this point, I’m hopeful that positive actors like Hayden and team making their case will force more clarity and understanding that US regulators obviously still lack. The irony is that embracing novel financial technologies is… https://t.co/iL27ygiFpX
Wanna know what's going on with SEC v. Uniswap? First figure out what's going on with Uniswap v. Uniswap. @haydenzadams @danrobinson @josephdelong @BlockEnthusiast https://t.co/8XhSHPFWHe
The Morning Minute (4.11) ⏰Top News: -Crypto majors & memecoins shake off CPI, rebound -The SEC sends Wells notice to Uniswap (UNI -16%) -MarginFi loses $169M and 28% TVL after meltdown -Runestones lead pre-runes mania, reach $670M mc -Grant Yun announces Solana debut; Killer… https://t.co/fcBfkgGhbs
Uniswaps’s $UNI token tanked after the exchange received a notice from the SEC, and traders expect Bitcoin-related network tokens $STX, $RUNE and $ORDI to rise following the reward halving. @LedesmaLyllah and @godbole17 report in First Mover Americas. https://t.co/C6u7uSUhjz
Is the SEC trying to protect consumers, maintain power/control, or some combo of both? It feels like they keep going after good actors trying to innovate (Coinbase/Uniswap) versus bad ones. There has to be a better way to get clarity on this novel technology/market. https://t.co/Dr0Yxv8NuL
Uniswap's token, UNI, dropped 17% following a lawsuit notice from US regulators, sinking to $9.27, its lowest since late February https://t.co/psj7wv6NZH
Reaction: $UNI down almost 17% following Wells Notice 📉📨 How do you think this will affect #Uniswap going forward? 🤔 Click below for the full article 👇👇👇 https://t.co/RMw5AlSVbW https://t.co/neAAgZdZ3W
In the light of SEC vs. Uniswap, the SEC had courtesy of going after Uniswap. The SEC could have sued any noname, shady, scammy, DEX and easily win. Uniswap should have great minds and backers that allow to have a fair session in a court.
Today in DeFi: Issues 🚨 - @Uniswap Received Wells Notice from SEC Launches 🚀 - @nomicbtc stBTC on Testnet Upcoming ⏳ - @SuiNetwork Gaming Device Preimum 💰 - >80% on Stables Subscribe to see more...👇🏻👀 https://t.co/3C1rTY4P3w
On the bright side #SEC coming after #Uniswap will show if Uniswap is truly decentralized. If not they will incur a massive fine. But other DEX's will be watching very closely. They will see any potential weak points on Uniswap and I believe many of these other DEX's will take…
🆕 Check out today's top #crypto news on #KuCoinMarketWatch ⤵️ 🟢 $UNI: Uniswap receives Wells Notice from SEC 🟢 US inflation rises faster than expected 🟢 Markets slash bets on rate cut in June, expecting only two cuts this year Which story caught your attention?
Proud to work at Uniswap. Proud to work with @mclader @haydenzadams @ammori. Proud to work on products that are safe, accessible, and intuitive. Proud to fight for a better financial system that is here and sticking around. Yesterday, today, and tomorrow. https://t.co/P1AxwUyDTx
Uniswap's token price drops 13% in response to the SEC's Wells Notice—meaning a lawsuit is likely. https://t.co/xOMJAsSgoO
After receiving Wells Notice from SEC, $UNI's price dumped 16%. In 2020, $XRP experienced the same thing and the legal battle between them & SEC has continued till now. https://t.co/QocHDwUkyu
🚨 Today, Uniswap Labs was served with a Wells notice by the SEC. However, Uniswap is prepared to vigorously defend itself. All Uniswap products and the Uniswap Protocol continue to operate without interruption. https://t.co/ca1oWfdsAd
The wonderful thing about Uniswap is that it is truly decentralized. There is literally nothing anyone can do to stop Uniswap from existing - not even an OFAC sanction on Uniswap contracts could stop it. Uniswap has already won; the incumbents just don't realise it yet.
Affected by the #SEC Wells Notice received by #UniswapLabs, 3 whales dumped 2.03M $UNI($20M) and the price of $UNI dropped by ~17%. 0x2F8b and 0x3555 deposited the 1.25M $UNI($11.7M) received from Binance on Mar 3, 2023 to #Binance 1 hour ago, and will make ~$3.5M if sell.… https://t.co/Kj5M6Irtlr
The SEC lost to Ripple but wants to take on Uniswap Lol okay
Uniswap’s native token fell to a near 50-day low after the SEC handed a Wells notice to decentralized exchange. https://t.co/uCMius8OvX
Crypto is literally overrun with legitimate scams. And the SEC continually chooses to ignore ALL OF THEM and only go after the upstanding teams in the space. Hurting investors and pushing innovation offshore. They physically couldn’t be worse at their jobs if they tried.
🗞️Top5 Crypto News from Today👇 @SECGov sends Wells notice to @Uniswap @ethena_labs integrates with exchange wallets #BTC whales buy post-CPI, up 3.6% Fastest #Bitcoin miner's firm gets $80M Hot CPI print dims BTC, Fed cut hopes
The Crypto Market is in TROUBLE Let's discuss: -- Why Did #Bitcoin Dip Today? -- SEC vs #Uniswap -- Latest #Vechain News -- Gaming on $IMX -- #NEAR Goes AI -- #Blast_L2 Growing -- #Solana News Today -- & MORE! WATCH: https://t.co/gAozblycev https://t.co/hIRnOCDMTV
The regulatory battle in the U.S. steps up another notch. The SEC is clearly embolden by the recent victories against some of the non US centralized exchanges. But this is a different fight altogether and the Uniswap case is built on weaker arguments that the AML violations… https://t.co/9Dx4Ek3s75
i stand with @Uniswap and builders fighting for freedom around the world. https://t.co/esKtbR1sp4 https://t.co/9OS3nyo1Od
SEC is looking for another L with Uniswap. It is pretty remarkable how the inherent bias by our lawmakers and arbitrary bureaucrats can stifle an industry. Imagine if internet infra was persecuted like crypto. Internet backbone providers, thanks to the protections offered by the…
What happened in Crypto in the last 12hrs…? - SEC moves to sue Uniswap in attempt to cripple DeFi in the US, $UNI drops 7% on news - Experts predict @BlackRock’s $IBIT will hold more $BTC than @Grayscale’s GBTC by May - @SushiSwap votes in favor of transferring $40M of… https://t.co/ZgPB35IH90
AlphaPacked Round-Up: Last 24hs in Crypto 1. ⚖️ Uniswap receives Wells Notice from SEC. 2. 🚀 Swell launches Layer 2 pre-launch. 3. 📈 US Inflation rises to 3.5%. 4. 👾 Microsoft releases April 2024 security updates. 5. 💸 Monad raises $225M in funding. Read time: ⏰ 5…
It's hard to overestimate the impact Uniswap has had in DeFi. They made DEX trading seamless for the first time. They made retroactively rewarding communities the norm. Winning this case against the SEC will be another watershed moment for the space.
This afternoon, the @SECGov issued a wells notice to @Uniswap. Stay up to date on this developing intel event ⬇️ https://t.co/CxMrST8PE3 https://t.co/mtUIl2gvaM
We are all 🦄 . Uniswap we will Support you with Energy and Courage. If we don’t fight we are not credible in our attempt to reshape the money and internet. Bringing back sovereignty to people is fundamental. Let’s be united and strong. https://t.co/KPuk2eo7ZU
Back with a banger! - Uniswap sued!? What’s a Wells Notice? - Monad, is it really the next BIG thing? - Memecoins on Solana, are they set to RIP? && this episode 🔋 by @IMSOnft_Chris && @BitmapValley https://t.co/ievJbAF3OY
We stand with Uniswap, DeFi, and for decentralization broadly. We hope @Uniswap wins the case, but all of us can do more — we can ensure that Uniswap remains available irrespective of any government's attempts to shut it down. 1/ https://t.co/oHKewH9osI
*SEC WARNS UNISWAP IT WILL BE SUED OVER BEING AN UNREGISTERED EXCHANGE: UNISWAP - THE BLOCK PRO
SECs lack of clarity and over reach will end badly for them again and again. Get em @Uniswap https://t.co/7E1irRZfPT
JUST IN 🚨: SEC planning enforcement action against crypto defi exchange Uniswap $UNI https://t.co/cMhgkr7bAZ
I stand with @Uniswap and builders fighting for freedom around the world. https://t.co/aaMpkpYGZP https://t.co/XiTIxJNfG9
Crypto industry reacts to SEC serving Uniswap with Wells Notice: ‘The war on DeFi has begun’ https://t.co/ynJin8RXyh
Uniswap is literally the textbook definition of a perfect protocol. 100% permissionless, decentralized, and credibly neutral. No upgrade keys, no multisig, no shenanigans. Very limited governance. They will prevail in court and set precedent for the rest of the industry 🫡
Go get 'em, Uniswap. These are pivotal moments in the course of history. That Uniswap team is the best in the business, and we're all indebted to them for championing these efforts. https://t.co/Gxm8vvm6AC
The SEC is pushing the best founders offshore. Hayden built Uniswap from Brooklyn. The US government is now telling future Haydens to go build in Dubai or Singapore. This has to change soon or we'll crush innovation for years.
We keep seeing attacks on decentralized technologies. Glad to see @Uniswap will fight to defend them. https://t.co/U2vrU33zsC
Would be naive to expect that the SEC wouldn't have tried this, so I'm glad @haydenzadams and @Uniswap have been rightly preparing for this for some time. Interested in seeing the content of the complaint to understand scope of the SEC's approach here and if $UNI plays into it https://t.co/qowbJzSNot
Shocks me every time I see a lawsuit like Uniswap's. The SEC is pushing the best founders to build offshore. Hayden built Uniswap from Brooklyn. The US government is now telling future Haydens to go build in Dubai. This has to change soon or we'll crush innovation for years.
The SEC's baseless regulation by enforcement approach unfortunately continues. The below reflects that the Commission fails to understand that the Uniswap Protocol, wallet, web app, etc do NOT meet the legal definitions of securities exchange or broker. Our industry is one that… https://t.co/g0bApztEGK
We are all team @Uniswap today. DeFi is worth fighting for. Sovereignty is a noble endeavor, and the transparency of blockchain technology and software is unrivaled by traditional systems. This will be a landmark for all of us. https://t.co/8OQTfM7dh9
FOMO HOUR #95 - RUNES RUNES RUNES! • Crypto drifts lower ahead of key CPI figure • ETFs see small outflow day on GBTC selling • Hong Kong ETFs likely launch this month • BTC CME gap filled, points to possible rally • BTC short liquidations clustered at $72K • SOL… https://t.co/6AZnyzdCyW