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uni

UNI is the native governance token of the decentralized exchange Uniswap, based on the Ethereum blockchain. Its main uses include participating in governance decisions of the Uniswap protocol, such as proposal voting and parameter adjustments. UNI token holders can influence the development direction and protocol upgrades of Uniswap through a voting mechanism. As an ERC-20 token, UNI can also be used for liquidity mining and as collateral in other DeFi protocols. Uniswap is an important component of decentralized finance (DeFi), providing token exchange services without intermediaries.
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North Korea denies involvement in last year's Bybit theft, claiming the United States misled public opinion

According to the Korean Central News Agency, North Korea mentioned in its denial of involvement in the theft related to Binance that last year the United States linked the hacking incident at the cryptocurrency exchange platform Bybit to North Korea. The Korean Central News Agency stated that the United States misled international public opinion, creating the illusion that cyber fraud occurring around the world was all orchestrated by North Korea, which is a serious political provocation against North Korea. North Korea firmly opposes any attempts to politicize cyber issues and use them as a means of interfering in the internal affairs of other countries, stating that this is the consistent policy position of the Democratic People's Republic of Korea government.The Korean Central News Agency also stated that it is necessary for the international community to reflect again on the fact that the current U.S. government announced the confiscation of illegally stolen cryptocurrency assets, acting as a national strategic reserve as soon as it took office last year. The Korean Central News Agency suggested that if the stolen massive cryptocurrency funds were to be recovered, one might discover clues related to the hacking incident. On February 21, 2025, Bybit experienced a large-scale theft incident, with a total value of approximately $1.5 billion. The U.S. FBI and several on-chain analysis agencies subsequently attributed the incident to the North Korean Lazarus Group (TraderTraitor).

first_img The Akash community will migrate from Cosmos to Solana through proposal 346

The Akash community approved the migration of the Akash protocol from the Cosmos independent chain akashnet-2 to the Solana mainnet through governance proposal 346. On-chain data shows that the proposal passed with approximately 97% in favor and a voter turnout of about 68.8%. Akash is an open computing platform aimed at the AI and inference era, gathering distributed computing power supply through a decentralized computing market.The proposal authorizes AKT to be issued as SPL tokens on Solana after the audit is completed at the token and migration portal, and opens a two-year one-way migration portal, allowing AKT holders to migrate to SPL AKT at a 1:1 ratio. Two independent code audits must be completed before the launch, expected to take place within 2 to 3 weeks after the proposal passes. After the migration is completed, the computing power trading market Akash Marketplace, the AI inference platform AkashML, and Akash Homenode will be natively deployed on Solana.The Akash team stated that the reasons for choosing Solana include lower transaction costs, a mature DePIN ecosystem, liquidity, and a large on-chain user base. The proposal did not set a date for the switch of the computing power market; the market migration will still need to be decided by a separate governance vote after the audits and migration rehearsals are passed, and subsequent on-chain decisions will involve market switch proposals, upgrade toggles, and downtime upgrades.
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