Core Ignition Drop Claiming Guide

 The Core Ignition Drop, which started the rewards claim on June 10, 2024, allows Coretoshis (Core Community) to unlock incentives for their contributions and engagement in the Core Blockchain. The Incentives claimed by the participating community are based on their activities up from the day they join the program until the snapshot is taken. In this article, I will discuss how to participate in the Core Ignition Drop, its benefits, and more. What is Core Ignition? Core ignition is an incentive program developed by the Core Foundation to jumpstart the growth of the DeFi ecosystem on Core Blockchain, the program started on March 11th, 2024, and will continue for six months, providing ample time for users to participate and reap the benefits, rewarding the community for their contributions to the network. By participating, users can earn rewards while simultaneously helping to fuel the growth and adoption of the Core ecosystem. The Core Ignition Program is for both ecosystem users and We

Hayden Adams: I'm not Surprised Just Disappointed, Has U.S. SEC Files to Sue Uniswap

 Uniswap the leading Decentralized Exchange announced on Wednesday that Uniswap Lab has received a Wells notice from SEC, requesting compliance with law enforcement.

Hayden Adams, the CEO of Uniswap on his X handle stated: "I'm not surprised. I just feel uncomfortable and disappointed, but we're ready to face the challenge. I believe that the products we provide are legal and we are doing the right thing historically. 

 "This is the latest political effort to target even the best actors in crypto like Uniswap and Coin base.

We are confident that the products we offer are not just legal, they are transformative, empowering people across the world by enabling transparent, verifiable markets with fewer gatekeepers, enabling cheap, accessible economic participation.

Despite SEC rhetoric that "most" tokens are securities, the reality is that tokens are just a digital file format. The vast majority of tokens traded on Uniswap are definitively not securities. Just like most paper money is not stock certificate, they are stablecoins, community tokens, and commodities (like Bitcoin, Ethereum and Unisocks).

Token traded on secondary market like Uniswap are not investment contracts and the Uniswap Protocol itself is a Decentralized, autonomous set of smart contracts that run without any organization, individual, or entity behind them. Not a security exchange.

All Uniswap products and the Uniswap protocol are not infected.

We are confident that our products are on the right side of the law and that our work is on the right side of history.

While our legal team takes on this fight we'll continue to do what we do best: build". Says Uniswap Lab.

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