CoinDesk 20 Index Sees 2.1% Decline with Few Bright Spots
CoinDesk Indices presents a daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index, with Internet Computer and Uniswap as the only gainers.
CoinDesk Indices presents a daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index, with Internet Computer and Uniswap as the only gainers.
New York Attorney General Letitia James has reportedly issued subpoenas to venture capital firms that have invested in Uniswap, the leading decentralized finance (DeFi) platform.
Uniswap will pay $175,000 to settle charges it offered illegal leveraged and margined commodities transactions, the CFTC announced.
The CoinDesk 20 index declined 2.1%, with only Uniswap and Litecoin posting gains. MATIC led the index's laggards, plunging 6.9%.
Crypto companies have drastically increased their lobbying spending in the US, led by Coinbase's 3,475% jump since 2017, as the industry aims to sway legislators.
The CFTC charges Uniswap Labs with illegally offering leveraged cryptocurrency trading to US retail investors, highlighting regulatory scrutiny in the DeFi space.