Uniswap Blocked 253 Crypto Addresses, Here’s Why
Uniswap the Decentralised exchange has blocked 253 crypto addresses over the last four months that it worked with TRM Labs, which is a blockchain analytics firm. The reason behind the blocking was tied to connections with stolen funds. This makes it the first ever time Uniswap disclosed data which is related to wallet blacklisting. These […]
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According to a recently published report, the decentralized exchange (dex) Uniswap has blocked roughly 253 cryptocurrency addresses allegedly tied to crimes or government sanctions. The information was discovered by the software developer Banteg who analyzed and saved the shared logs from Uniswap’s server. 30 out of the 253 Blocked Addresses Are ENS Domain Names, Uniswap Labels 7 Types of Risk Factor Categories On August 19, the software developer and Yearn Finance contributor Banteg published a Twitter thread that claims the dex Uniswap blocks 253 crypto addresses. “Uniswap....
Uniswap, one of the main decentralized finance exchanges in the cryptocurrency world, is now taking measures to ensure illegal funds cannot be transacted using its platform. The company has already started blocking addresses linked to “blocked activities” and will apply a filter with data provided by TRM Labs, a blockchain analysis firm that focuses on detecting illegal activities.
Uniswap Scrutinizes Addresses Interacting With Its Frontend
Uniswap, the decentralized finance exchange, has taken measures to curb the illegal activity conducted using its platform. The....
Diplomat and founder of the TRON network, Justin Sun, confirmed that one of his addresses was blocked from using the Ethereum decentralize finance (DeFi) protocol Aave. Via Twitter, Sun claimed that he received 0.1 ETH from Tornado Cash leading to his address being added and blocked by the protocol. Related Reading: Crypto Billionaire Sam Bankman-Fried, […]
The company behind the development of the popular automated market maker (AMM), Uniswap Labs updated its policy regarding blocking wallets from accessing the decentralized application (dApp). Per an official post, Uniswap’s front end will be blocked to users associated with criminal activities. Related Reading | Russia To Legalize Crypto Payments, But Proposal Causes Internal Concerns The […]
Dune Analytics data shows nearly 80% of the current UNI token supply has so far been snapped up by eligible Uniswap wallet addresses.