DeFi Exchange Uniswap Receives Enforcement Notice from the SECwww.coindesk.com/policy/2024/04/10/defi-exchange-uniswap-receives-enforcement-notice-from-the-sec/
209 sats \ 6 comments \ @Car 11 Apr tech
✌️Only took 5 years
Uniswap was born out of an idea proposed in 2016 by Vitalik Buterin for a decentralized exchange (DEX) that would employ an onchain automated market maker (AMM) with certain unique characteristics. A year later, Hayden Adams began working on turning this idea into a functional product, Uniswap V1. After receiving $100,000.00 from the Ethereum Foundation, Uniswap launched in November 2018.
https://messari.io/project/uniswap/profile
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3 sats \ 2 replies \ @Coinsreporter 11 Apr
What kind of a body SEC is that it always gets loose motions! They won't spare anyone and they can't catch anyone.
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0 sats \ 1 reply \ @Car OP 11 Apr
Uniswap will get a 20 milli speeding ticket and be able to carry on.
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0 sats \ 0 replies \ @Coinsreporter 11 Apr
That's what I meant about catching anyone. SEC just want to bully businesses because they can.
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0 sats \ 0 replies \ @Rsync25 11 Apr
"Decentralized"
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0 sats \ 1 reply \ @spraveenitpro 11 Apr
How DefI of them, Uniswap should be able just mint new "tokens" to pay the fines right?
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0 sats \ 0 replies \ @Car OP 11 Apr
🤣 ya I’m sure they’ll make a meme token around it, just wait and see
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