News25 April 2022

Uniswap and DeFi are blocking and blocking

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The notorious DEX Uniswap has started blocking wallet addresses. But what addresses Uniswap has started blocking? Let's find out.

Thanks to a partnership with TRM Labs (a blockchain analytics firm), Uniswap is blocking addresses that have been caught up in terrorist financing, ransomware enthusiasts, human trafficking and those caught up in sanctions.

How many wallets of terrorists, hackers and other undesirable elements have been blocked is not yet known, but as they say, welcome to the new, wonderful crypto world. Btw, some DeFi projects started the blocking procedure.

Like - that's right, companies should do it. Dislike - that's not what DeFi was built for!

Moni educational:

Uniswap is a decentralised financial protocol used to exchange cryptocurrencies. The protocol facilitates automated transactions between cryptocurrency tokens in the Ethereum blockchain through smart contracts. Uniswap is also the name of the company that initially developed the protocol.

DeFi, aka decentralised finance, is the common name for the analogues of traditional financial instruments implemented in a decentralised architecture. These publicly available services are open-source projects and are most often based on smart contracts.

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