eToro Adds Support For Chainlink, Uniswap
- UNI is the first DeFi token to list on eToro.
- The new offering brings the total number of tokens available on eToro to 18.
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In a press release published on 19 April, eToro’s new offering brings the total number of tokens on its platform to 18: Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, XRP, Dash, Litecoin, Neo, Stellar, EOS, Cardano, IOTA, BNB, ZCash, Tron, Tezos, Uniswap, and Chainlink. The trading platform has offered access to cryptocurrencies since 2013 and currently has over 20 million registered users globally.
Doron Rosenblum, the VP of business solutions at eToro, said this was the “right time” to be adding new cryptocurrencies to the platform, as the company has seen a significant increase in investor demand for a greater range of tokens. Introducing UNI, the native cryptocurrency of the AMM-based decentralized exchange Uniswap, was eToro’s first dab into the DeFi market.
“Both LINK and UNI have interesting use cases and remind us that not all cryptos are designed to be currencies. Chainlink is an important project that aims to overlay internet data with information stored on the blockchain and Uniswap is a critical part of the crypto trading infrastructure,” he explained in the release.
- Popular Telegram bot Unibot, which is used to snipe trades on Uniswap, became a victim of a token approval exploit earlier today, when it was switching to a new router.
- After confirming the exploit, Unibot assured users that their keys and wallets were safe, and that the project will compensate all affected users.
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- The Australian Securities and Investments Commission (ASIC) has filed a lawsuit against trading platform eToro over its contract for difference (CFD) product.
- The regulator claimed the product’s target market was too broad, and that eToro used insufficient screening tests when offering the leveraged derivative contracts to retail users.
- The so called “World App” crypto wallet will make use of the project’s “World ID” system to effectively distinguishes between humans and AI.
- While everyone will be able to use the new wallet, only verified “World ID” holders will enjoy gas-free transactions within the Worldcoin ecosystem.