Uniswap Aligns with Wormhole and Axelar for Cross-Chain Bridging

Uniswap recently disclosed its preferred choice for handling non-Ethereum deployments in its cross-chain bridging operations: Wormhole and Axelar. These selections are the result of a comprehensive analysis conducted by Uniswap's Bridge Assessment Committee, which evaluated a range of potential protocols.

Timeline of Axelar, Uniswap

The negative volatility in the digital currency ecosystem has kicked in again, with the combined market cap dropping by 3.24% to $1.02 trillion. Amid this widening bloodbath, Uniswap (UNI), the decentralized exchange token, has maintained a wavy uptrend to join the list of a few altcoins with a positive outlook at this time.

Uniswap (UNI) price is up 7% from last week as crypto investors increasingly turn to Decentralized Exchanges to carry out transactions. With institutional investors leading the way, can the transaction spike be sustained long enough to trigger a UNI price rebound?

The Securities and Exchange Commission's (SEC) ongoing efforts to regulate the cryptocurrency industry have met with fresh opposition. This time, it's from Uniswap Labs, one of the leading developers in the field of Decentralized Finance (DeFi). https://twitter.

Ripple's chief technology officer (CTO), David Schwartz, has argued on Twitter that Uniswap, a leading automated market maker (AMM) and decentralized exchange (DEX), is not as decentralized as it claims to be.

Pioneering a subsect of the Decentralized Finance (DeFi) ecosystem is not a guarantee to be tagged a decentralized entity, a subject Ripple's vocal CTO David Schwartz just commented on with respect to Uniswap (UNI). Ripple CTO Thoughts on Uniswap According to the Ripple CTO, Uniswap is not decentralized, a statement that many commenters believe is

David Schwartz, the Chief Technology Officer at Ripple, participated in a recent discussion on Twitter regarding the degree of decentralization among various cryptocurrency projects in the industry.

Chief technology officer at Ripple David Schwartz has taken to Twitter to take part in a discussion of which crypto projects in the industry are truly decentralized and which are not. In particular, he left a comment about Uniswap, a well-known decentralized exchange.

The largest decentralized cryptocurrency exchange Uniswap has unveiled plans for Uniswap v4, the next iteration of the hugely popular crypto platform. The exchange has also open-sourced the draft code, enabling the community to build on it.

In a blog post by Uniswap Labs published on June 13, 2023, the team outlined their plans for Uniswap v4, the latest iteration of the decentralized exchange protocol. The team has released the draft code for public scrutiny, aiming for a community-driven development process.

Uniswap Labs (CRYPTO: UNI) has unveiled a sneak peek into the draft code of Uniswap V4, which brings to the table an innovative feature called “hooks” or plugins, which empower developers with the ability to design tailor-made liquidity pools. Renowned as the globe's biggest decentralized cryptocurrency exchange in terms of volume, Uniswap's current version, V3, was launched on May 4, 2021.