Bancor’s lawsuit claims that Uniswap used its patented CPAMM technology without permission. Bancor’s project lead emphasized the need to protect their intellectual property to foster innovation in the DeFi space.
After the announcement, the price of UNI fell by 3.45%. The latest trading figures show UNI at 5.81 USD, with a 24-hour trading volume of 261 million USD, reflecting a 15% decrease.
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