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Showing posts with the label uniswap

Binance’s market share declined by 5% amid regulatory pressure, data shows

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Despite facing regulatory challenges, Binance has retained its position in the industry, with only a marginal decrease in its market share, according to TokenInsight. Binance experienced a 5% decline in market share , dropping from 54.2% to 48.7%. This shift followed the decision of Binance’s founder, Changpeng Zhao, to step down as CEO as part of a $4.3 billion settlement with the U.S. Department of Justice, according to recent research from TokenInsight. Crypto exchanges market share | Source: TokenInsight As per data, other cryptocurrency exchanges such as OKX and Bybit appeared to be significant gainers in the market, with OKX increasing by 4.3% in market share to 15.7%, while Bybit saw a rise of 2.2% up to 11.6%. Analysts added that despite Binance facing troubles with U.S. regulators last year, traders “do not seem to have lost confidence in centralized exchanges.” “These events did not have a massive impact on the market landscape as the FTX co...

Uniswap v3 code free to fork as BSL expires

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The license expiration marks a significant event within the DeFi ecosystem, as it enables developers to deploy their own decentralized exchange (DEX). Developers are now allowed to fork Uniswap v3 protocol as its Business Source License (BSL) expired on April 1, shows the protocol documentation. The expiration was a much-anticipated event within the DeFi ecosystem, as it enables developers to deploy their own decentralized exchange (DEX).  The BSL is a type of license meant to last for a determinate period before becoming completely open source. In general, the purpose is to protect the author's right to profit from their creations. Uniswap v3's license was released in 2021 for a period of two years, preventing its code from commercial use. A new license called General Public License applies to the protocol now. To fork the code, developers will be required an Additional Use Grant, a production exemption meant to accommodate both the needs of open-source and commercial devel...