After falling out of Apple’s App Store, Uniswap starts publishing mobile apps via Twitter

After falling out of Apple’s App Store, Uniswap starts publishing mobile apps via Twitter

Uniswap Labs is facing hurdles with the Apple App Store over the release of its mobile wallet, even though the original version was approved in October.

Uniswap’s mobile wallet is at risk as Apple’s App Store delays its launch

Apple’s App Store is reportedly blocking the decentralized, open-source, self-custodial wallet despite it passing Apple’s TestFlight, whose release has been awaited for weeks.

In October, Uniswap Labs received approval for its first build, but has since run into difficulties with the Apple App Store regarding its mobile wallet. Despite approving other self-monitoring exchange wallets, Apple rejected the final version of Uniswap’s mobile wallet just days before its planned December 2022 launch.

Uniswap Labs says it addressed Apple’s concerns, answered all of its questions, and reassured the company that it would abide by its rules. However, Apple has not yet approved the rollout, leaving Uniswap Labs in limbo. As a result, the company is giving a few thousand Testflight users early access while it waits for Apple’s approval.

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Uniswap runs all decentralized hubs

Uniswap operates as a fully decentralized exchange, meaning it has no single owner or operator. It uses an automated liquidity protocol, a relatively new type of trading model (see below), which sets it apart from other exchanges.

Uniswap was developed on top of the Ethereum blockchain in 2018 and is currently the second largest cryptocurrency project by market capitalization. Being built on Ethereum makes it compatible with all ERC-20 tokens and related infrastructure, such as wallet services such as MetaMask and MyEtherWallet.

Uniswap claims to have responded to Apple’s concerns and is releasing early versions of the wallet via Tweet

Uniswap Labs said they have addressed Apple’s concerns, but are still waiting for App Store approval to launch the mobile wallet.

Uniswap said it will give Testflight users limited early access while they wait for App Store approval, citing that they are “stuck in limbo” as Apple has not given the rollout without explanation.

On March 6, Uniswap Labs tweeted:

gm gm! Let’s start this week strong💪

We are opening more mobile wallet access points for the first 50 grams

Controversy swirls around Uniswap and its founder, Hayden Adams

In 2022, while Uniswap was the most used Ethereum smart contract, 95% of the tokens traded on it were considered fraud.

The deployment of the BNB chain was accepted on Uniswap earlier this year, but FUD stuck with Uniswap founder Hayden Adams, who earlier this year was accused by Balance co-founder Ric Burton of defrauding him of an investor ownership offer.

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Uniswap’s live price today is currently $6.37 with a 24-hour trading volume of $76.5 million. It ranks 18th on CoinMarketCap with a total market capitalization of $4.8 billion.

Submitted: DeFi, DEX, Featured

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