Busy week for Uniswap, and Platypus recovers 90% of hacked funds: Finance Redefined

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A new hook on an open-source directory for Uniswap v4 hooks is sparking controversy within the crypto community because of the KYC checks.

Uniswap announced it would start charging a swap fee of 15% from Oct. 17, evoking mixed reactions from the crypto community.The past week in DeFi was dominated by developments in the popular decentralized exchange platform Uniswap after it announced a 0.15% swap fee starting on Oct. 17, and an open-source hook on Uniswap generated controversy due to Know Your Customer checks.

The top 100 DeFi tokens by market capitalization had a bullish week thanks to Friday momentum in the market, with a majority of the tokens trading in green and recording double-digit gains on the weekly charts. However, the price action didn’t reflect on the total value locked , which fell by nearly $2 billion.Shapella upgrade

The team behind Scroll announced the launch in an Oct. 17 post and added that existing applications and developer tool kits on Ethereum can now migrate to the new scaling solution. “Everything functions right out of the box,” the Scroll team said.DeFi protocol Platypus Finance said it had recovered 90% of assets stolen in a security breach last week.) worth $167,400 at the time.

 

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