Tag: Uniswap

In partnership with TRM Labs, Uniswap Labs is now blocking crypto wallets that are found to be engaged in illegal behavior. The move reveals a trend in the DeFi sector of blocking crypto addresses sanctioned by the US Treasury Department. Uniswap Labs, the Uniswap decentralized exchange protocol’s main developer, has begun blocking crypto wallet addresses…

Decentralized finance (DeFi) is considered the next big opportunity among blockchain technologies. But money is fleeing the sector amid a cryptocurrency market decline and fears of regulatory scrutiny. Recently, red flags are starting to appear more often in the DeFi sector, one of the most profitable and volatile fields of the crypto world this year….