🌙 Uniswap Labs Launches L2 Unichain

Uniswap Labs, the developer behind top-ranked decentralized crypto exchange Uniswap, disclosed that it has built a new layer-2 network, which was set to launch on testnet Thursday.

Author

Mike Gavela
October 10, 2024

Crypto Roundup - October 10

Uniswap developer has launched a new Layer 2 network called Unichain, utilizing Optimism's OP Stack to improve scalability and user experience for decentralized finance applications. Meanwhile, Trump World, a financial venture led by Donald Trump's allies, has raised significant capital to promote what they describe as "financial liberty," aimed at appealing to a conservative audience. Additionally, a Charles Schwab survey reveals that nearly half of U.S. investors are interested in allocating funds to cryptocurrency ETFs, reflecting growing mainstream adoption despite ongoing regulatory uncertainties.

Top Stories

  • Uniswap developer introduces Unichain, a Layer 2 network built on Optimism's OP Stack, enhancing scalability for DeFi projects.

  • Trump World raises funds to promote "financial liberty" through investments, targeting conservative supporters.

  • Charles Schwab survey finds nearly 50% of U.S. investors plan to invest in crypto ETFs, signaling rising interest in the asset class.

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TOP STORIES

Uniswap Developer Unveils Own Layer-2 Network, Unichain, Built on Optimism Tech

Uniswap Labs, developer of the top-ranked decentralized crypto exchange, Uniswap, says adding its own network will bring faster, cheaper transactions with more liquidity.

www.coindesk.com/tech/2024/10/10/uniswap-developer-unveils-own-layer-2-network-unichain-built-on-optimism-tech

Trump-linked World Liberty Financial to raise $300 million at $1.5 billion valuation: Roadmap

Trump-linked World Liberty Financial to raise $300 million at $1.5 billion valuation: Roadmap

cryptonews.net/news/defi/29911286

Nearly 50% of U.S. Investors Plan to Invest in Crypto ETFs: Charles Schwab Survey

Crypto was the leading asset class among millennial ETF investors, topping even stocks and bonds, the survey showed.

www.coindesk.com/markets/2024/10/10/nearly-50-of-us-investors-plan-to-invest-in-crypto-etfs-charles-schwab-survey

FUNDRAISING

OTHER HEADLINES

Memecoins are Moving from Ethereum to Solana to Access Moonshot App - "The Defiant"

The APU token is now multi-chain, allowing it to be listed on the Moonshot memecoin trading app.

thedefiant.io/news/defi/memecoins-are-moving-from-ethereum-to-solana-to-access-moonshot-app

Tron’s Justin Sun vows to instil ‘libertarian principles’ as prime minister of Bitcoin micronation Liberland

It’s not the first time the Tron founder has gotten involved in politics.

www.dlnews.com/articles/people-culture/tron-founder-justin-sun-elected-prime-minister-of-liberland

SEC Sues Crypto Market Maker Cumberland DRW

The regulator alleged the company "bought and sold" crypto assets that were sold as securities, but did not register as a securities dealer.

www.coindesk.com/policy/2024/10/10/sec-sues-crypto-market-maker-cumberland-drw

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