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The decentralized finance (DeFi) minefield claimed its latest victim this morning as Bunni, an exchange built on top of Uniswap, was exploited for a reported $8.4 million. According to the Bunni website, the app “maximizes liquidity provider profits in all market conditions.” Today’s losses suggest otherwise. Approximately two hours after crypto security audit firm BlockSec raised the alarm over the suspicious transactions, the Bunni team acknowledged the incident and paused its contracts across all networks . The Bunni app has been affected by a security exploit. As a precaution, we have paused all smart contract functions on all networks. Our team is actively investigating and will provide updates soon. Thank you for your patience. — Bunni (@bunni_xyz) September 2, 2025 Read more: CoinDCX hack: $44M gone after dev opens file from side gig BlockSec had initially flagged losses of around $2.3 million on Ethereum but, when more audit firms looked into the in...

Democratic presidential candidate Kamala Harris recently voiced her support for digital assets and artificial intelligence at a Wall Street event. She stressed the need for these technologies to grow while protecting investors and consumers. This marked her first positive comment on cryptocurrencies and sparked interest in the market.  Meanwhile, Bitcoin has surged by 1.80% to $65,000 in the past day. When Bitcoin performs well, it boosts confidence across the market, leading investors to explore other cryptocurrencies for potential investment opportunities. Best Crypto to Buy Now This article analyzes the best crypto to buy now , including Uniswap, Avalanche, and FLOKI.  FLOKI has shown resilience in the market, as its price has been trending upward, indicating growing interest from investors. Similarly, AVAX has demonstrated strength in recent movements. Over the past 24 hours, it saw a 3.45% price increase, suggesting optimism around the platform’s upcoming upgrade...

United States District Court Judge Katherine Polk Failla is also the judge overseeing the SEC's lawsuit against crypto exchange Coinbase. A United States District Court judge has called Ether (ETH) a commodity in her dismissal of a class action lawsuit against the decentralized exchange Uniswap. In an Aug. 30 dismissal order of the case brought by Uniswap users who claimed they lost money due to scam tokens on the exchange — Judge Katherine Polk Failla wrote ETH and Bitcoin (BTC) were “crypto commodities.” The distinction was also part of her reasoning for dismissing the case — Failla said she wasn’t convinced by an argument that Uniswap’s token sales were subject to the Exchange Act. Interestingly, Failla is also the judge overseeing the SEC lawsuit against Coinbase. She has also had previous experience in overseeing other crypto cases in the past, including one involving Tether and Bitfinex.  The SDNY (Failla, J.) also explicitly found in its August 29 decision in Risely v. ...

The proposal would have allowed Uniswap’s governing body to receive a percentage of the fees that currently go to liquidity providers. A proposal to enable protocol fees for the Uniswap decentralized exchange failed on June 1, potentially allowing liquidity providers (LPs) to continue to earn all revenue from swaps, according to the proposal’s official webpage. It narrowly missed being passed, with 45.32% of votes going to the “no fee” camp and 42.34% voting to charge liquidity providers one-fifth of the fees they receive from users. Another 12.3% voted to enact a fee charge of one-tenth and 0.04% voted to charge one-sixth. The “no fee” camp won by a plurality, implying that supporters of a protocol fee may have prevailed if they had united behind a specific fee percentage. Uniswap fee switch vote neck and neck in the final hours. Fun fact, I don't think any UNI vote that's passed on snapshot has been turned down once proposed onchain. pic.twitter.com/lasYGYaELM — Matt (@M...