Breaking: US SEC is Reportedly Investigating Uniswap Labs
The US Securities and Exchange Commission (SEC) is reportedly investigating Uniswap Labs, the company behind the popular Decentralized Exchange (DEX) protocol Uniswap. As per a report in the Wall Street Journal, people familiar with the matter revealed that the SEC is looking into user history and how the platform is being used by investors.
A recent poll by the Central American University (UCA), a Jesuit university based in El Salvador, revealed that the majority of Salvadorans are against Bitcoin (BTC) legal tender adoption in the nation. While the massive 67.9% out of the 1,281 surveyed, had displayed strong disagreement with the use of bitcoin as a legal tender.
Solana ($SOL) has not become the seventh-largest cryptocurrency by market cap as it continued its price discovery post breaching $100. $SOL has managed to gain over 70% in the past week itself even when the rest of the crypto market remained relatively inactive in terms of price momentum during the same time frame.
Bitcoin's temporary step above $50,000 excited the entire market, with a breath of fresh air sweeping across. Most altcoins that had been dormant for nearly two weeks resumed recovery, including Dogecoin . The meme-based token lifted above $0.3 after dealing with a mundane price action supported above $0.26.