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Is Uniswap (UNI) a Security? Lawyers Divided, While Token Skyrockets


As the DeFi gravy train keeps on rolling, lawyers have begun to ask the question that will likely one day end up on the lips of regulators: Are tokens like uniswap (UNI) securities? With debates now raging on Twitter, a number of legal experts have been wading in with their two cents – as...

Defi Economy Rebounds: Total-Value Locked Jumps 28% Capturing Close to $9B


The total-value locked (TVL) in decentralized finance (defi) economy has recaptured much of the value lost during the Sushiswap fiasco last week. At the time, the defi TVL tumbled down to $6.8 billion from the $9.6 billion high on September 8, suffering a loss of close to -29%. Since then, however...

Ethereum Fees Spike as Uniswap Launches Token


Today, the Ethereum (ETH) network got busier than usual as thousands of the Uniswap decentralized exchange users rushed to claim their share the DeFi protocol’s new governance token UNI. As announced on Uniswap’s blog, the UNI token went live yesterday, with 1 billion tokens minted at genesis....

Ghost to Launch Mainnet GHOST Token on GhostX DEX


Privacy focused decentralized crypto network Ghost announced on Tuesday that it will soon be listing the mainnet token GHOST on its GhostX, the ecosystem’s decentralized crypto exchange. In the official tweet, Ghost said that GhostX aims to allow crypto users to use their holding privately. $GHOST...

Forex Strapped Nigeria Designates Crypto Assets as Securities


The Securities and Exchange Commission (SEC) of Nigeria has designated crypto assets as securities as the authorities step up efforts to regulate Africa’s largest cryptocurrency market. The SEC says the classification of crypto assets for regulation is consistent with the country’s...

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