Uniswap | Crypto

Anchorage Digital is expanding its Porto wallet with Uniswap integration, giving institutions direct access to DeFi swaps and liquidity. Anchorage Digital is adding decentralized finance (DeFi) capabilities to its Porto wallet, enabling institutions to make swaps and access liquidity through the product. The move brings another wallet option to institutional investors. The DeFi capability is made possible through a Uniswap integration. Nathan McCauley, CEO and co-founder of Anchorage Digital, billed the integration as enabling institutions in DeFi to “move at crypto-native speed — without compromising security.” Among the company’s Porto wallet clients are Maple Finance, the Sui Foundation and decentralized exchange dYdX. Other companies that have rolled out institutional wallets or platforms include Blockdaemon, Fireblocks, Consensys and Fordefi. Read more

Polygon (POL) joined Uniswap (UNI) as a top performer, rising 2.8% from Wednesday.

Optimism has posted double-digit weekly gains while maintaining a market cap just half of Aptos and far below meme coins. Analysts argue the valuation overlooks nearly 300 DeFi protocols and the $4.6 billion Superchain, which now drives activity on Base, Zora and Worldchain. The post Aave, Uniswap Bet on Optimism – Why Traders Ignore the L2’s $4.6B Ecosystem appeared first on Cryptonews.

Decentralized exchange Bancor is seeking damages for Uniswap's alleged infringement of its patented technology. Bancor, the creator of a smart contract-based automated market maker, is suing Uniswap for patent infringement, alleging the decentralized finance exchange has used its technology without permission and profited significantly from it. According to the May 20 announcement of the lawsuit, Bancor designed the technology in 2016 and patented it in January 2017. The technology underpins the “constant product automated market maker,” which involves using mathematics to add or withdraw resources from a liquidity pool. The application subsequently led to two issued patents. Bancor alleges that Uniswap used the invention to create its protocol, launched in November 2018. The two organizations are considered competitors in the sector of decentralized finance (DeFi). Read more

NEAR Protocol (NEAR) joined Uniswap (UNI) as a top performer, gaining 11.7%.