“We intend to only block wallets that are owned or associated with clearly illegal behavior like: sanctions, terrorism financing, hacked or stolen funds, ransomware, human trafficking, and child sexual abuse material.”The situation surrounding the UNI continues to look ugly in these market conditions. It is likely to struggle during Q3 in the present market. Currently, some respite has been restored in UNI as it rushes for an uptick on the daily charts.
This has come as an untimely stat update for the protocol as it struggles to cope up with falling crypto asset demand in the DEX category.Despite striking gold in the social volume chart towards the end of July, the metric has remained underwhelming throughout August.To conclude, the near-term conditions continue to prove to be severe for Uniswap as it struggles for momentum.Subscribe to get it daily in your inbox.