Project news
Liquidated 172,500 ETH for a profit of $124 million, an institutional affiliated address withdrew 3,125,000 UNI
Odaily Planet Daily reports that according to on-chain analyst Yu Jin's monitoring, an institution liquidated 172,500 ETH in early September and profited 124 million USD, suspected to have sold ETH and then bought UNI. Its associated address withdrew 3,125,000 UNI from CEX between September 15 and 22, valued at 24.21 million USD, with an average price of 7.7 USD. The above UNI was consolidated from multiple wallets into two new wallets one hour ago.
Data: Uniswap has handled over 60% of tokenized stock DEX trading in the past 30 days
BlockBeats news, on September 27, according to Token Terminal data, in the past 30 days, the trading volume of tokenized stocks on DEX reached 20.9 billion USD.
Among them, Uniswap V4 ranked first with a 40.7% market share, followed by V3 with a 19.4% market share. Together, they accounted for 60.1% of the market share, corresponding to a trading volume of approximately 12.6 billion USD.
Uniswap completed 140 million transactions in August, surpassing the combined total of Cboe BZX and NYSE American
BlockBeats news, on September 25, ARK analyst Lorenzo Valente posted that Uniswap completed about 140 million transactions in August this year, surpassing the combined total of Cboe BZX and NYSE American trading platforms.
NYSE American, a subsidiary of the New York Stock Exchange, has been operating since 1908, while Uniswap was launched in 2018; five years ago, Uniswap's monthly transaction volume was only about 2 million.
Valente stated that in terms of transaction volume, the next stage Uniswap needs to catch up to is NYSE Arca, which completed about 232 million transactions in August.
Unicoin sues Uniswap Labs, seeking to revoke the UNI trademark registration
PANews, September 10 — According to Cointelegraph, TransparentBusiness Inc., operating under the name Unicoin, has filed a lawsuit in the Southern District Court of New York against Universal Navigation Inc., operating under the name Uniswap Labs. The lawsuit requests the court to rule that its UNICOIN trademark does not infringe or dilute the UNI, UNISWAP, and UNICHAIN trademarks claimed by Uniswap, and demands the court revoke the U.S. trademark registration of UNI.
The complaint shows that Uniswap's legal counsel sent three cease-and-desist letters to Unicoin on June 3, July 17, and August 14, accusing it of trademark infringement, dilution, domain name squatting, and unfair competition. They demanded Unicoin stop using UNICOIN and other marks containing UNI, transfer the domains unicoin.com and unicoin.org, provide accounts of income and profits, and pay Uniswap's legal fees. Unicoin simultaneously requests the court to confirm that the aforementioned domains do not violate the U.S. Federal Anti-Cybersquatting Consumer Protection Act.
Uniswap Founder: UNI's Annualized Burn Amount in the Last 7 Days Has Exceeded $250 Million
BlockBeats news, on September 8, Uniswap founder Hayden Adams posted that the annualized burn amount of UNI over the past 7 days has exceeded 250 million USD.
Data shows that based on the daily closing price, the annualized amount corresponding to the UNI burn rate over the past 7 days is currently about 263 million USD. This data is the annualized amount calculated from the burn volume of the past 7 days, not the actual value of UNI worth 263 million USD that has been burned.
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