Ethereum News: SEC Investigation Into Uniswap Labs Terminated Without Enforcement Action

A significant development in the world of decentralized finance (DeFi) has emerged, with Uniswap Labs, the creator of the largest decentralized trading platform on the Ethereum blockchain, announcing that the US Securities and Exchange Commission (SEC) has officially closed its investigation into the company without taking any enforcement action.

Federal Probe Into Uniswap Labs Terminated

Uniswap Labs, the creator of the largest decentralized trading platform on the Ethereum blockchain, announced that the US Securities and Exchange Commission (SEC) has officially closed its investigation without taking any enforcement action. The SEC had alleged that Uniswap operated as an unregistered broker and exchange, and claimed it had issued unregistered securities. However, Uniswap Labs maintained its compliance with applicable laws and expressed relief at the SEC’s decision.

Bybit Returns Borrowed ETH After Recent Hack

Bybit has returned approximately 47,800 ETH, valued at around $114 million, to a whale or institution. The funds were borrowed prior to a significant security breach that occurred on February 21, 2025, where 401,346 ETH, worth $1.13 billion, was unauthorizedly transferred from a cold wallet. The exchange explained that attackers deceived its Ethereum multi-signature cold wallet system.

SEC Dismisses Investigation into Uniswap

The US Securities and Exchange Commission (SEC) has officially concluded its multi-year investigation into Uniswap Labs without taking any enforcement action. The investigation, which began in April, had claimed that Uniswap might be functioning as an unregistered broker. Uniswap Labs CEO Hayden Adams stated that he looks forward to working with the SEC to establish DeFi rules. This marks another victory for crypto companies as the agency scales down its crypto crackdown and adds to the growing list of resolved legal cases between the regulator and crypto companies since Donald Trump became president.

All about Ethereum’s Pectra upgrade: What went wrong?

Ethereum`s Pectra upgrade was shipped out on the Holesky testnet but encountered a misconfiguration issue causing finalization issues. All nodes must reach a consensus on the blocks produced to make them immutable. The issue was caused by a misconfiguration on major execution clients, namely Geth, Nethermind, ETHjs, and Besu. ETH dropped to its 2024 lows above $2K. Georgios Konstantopoulos, Paradigm CTO, highlighted a bug connected with the deposit Contact Address (CA) for the Pectra upgrade.