Andreessen Horowitz, Uniswap Labs, and the DeFi Education Fund warn that Illinois' proposed Digital Asset Tax Act rules could effectively ban decentralized finance (DeFi) by requiring decentralized exchanges (DEXs) to act as tax-collecting brokers, a role they cannot fulfill. The rules also demand storing customers' private keys, raising security concerns, and propose taxing transfers between personal wallets and blockchains. These groups argue the rules exceed legal authority and conflict with federal and state laws, urging regulators to delay implementation until after judicial review. Illinois has postponed the tax's rollout to July 2027 amid ongoing legal challenges from crypto industry groups.
Uniswap's token UNI is trading at Rp125.814 on Pluang as of Oct 31, 2026 04:21 WIB, showing a positive 1-day change of +3.62%. The market cap stands at Rp78,23 trillion with a 24-hour volume of Rp26,62 trillion, indicating active trading interest. Despite regulatory challenges highlighted in the news, the typical hold time for UNI on Pluang remains 65 days, with a buying sentiment of 64% among users. This contrasts with the uncertainty around DeFi regulations discussed in the article.
The recent Binance hack, which resulted in a $6.36 billion theft, highlights the vulnerability of centralized exchanges due to privileged access to customer funds. Michael Egorov, founder of Curve Finance, explains that decentralized protocols like C...
Uniswap (UNI) saw its price increase by 3.29% to $7.06 in the hour ending at 11:08 a.m. ET on October 30, despite a 3.13% decline over the previous 24 hours. The price jump was specific to the Binance UNI/USDT pair, which moved from $6.84 to $7.06 wi...
Uniswap's price fell nearly 4% to $6.73 after the attacker behind the Binance hack sold 7.02 million UNI tokens worth $39.63 million, increasing selling pressure in the crypto market. The attacker converted stolen altcoins into Ethereum, totaling abo...
Standard Chartered predicts the $6.3 billion Binance hack will drive more crypto trading to decentralized exchanges (DEXs), especially Uniswap, as investors reassess risks of centralized platforms. Analyst Geoffrey Kendrick maintains a $100 price tar...
Standard Chartered reaffirmed its long-term $100 price target for Uniswap's UNI token by 2030, citing growing interest in decentralized exchanges (DEXs). The bank's digital assets research head noted that Binance's recent security breach might accele...
