ShapeShift settles pre-DAO SEC case, Uniswap hits 2-year high: Finance Redefined

Amid a marketwide bullish run, Uniswap’s UNI token has reached a new two-year high.

Cryptocurrency exchange ShapeShift has settled a lawsuit with the United States Securities and Exchange Commission (SEC). The case dates back to 2021, before it became a decentralized autonomous organization (DAO).

Uniswap’s (UNI) token blasted to two-year highs amid the marketwide bullish surge, and Solana proponents believe it needs a breakthrough consumer app to rival the Ethereum network.

Experts weigh in on how pump-and-dump schemes harm the crypto industry, and the total value locked (TVL) in DeFi crosses $100 billion for the first time in three years.

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