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Scammers promote fake Uniswap L2 on Google amid Unichain hype

Google mistakenly promoted a fake version of the Unichain website that spammed users with requests to drain their wallets.

As the buzz around crypto exchange Uniswap’s new Ethereum layer 2 builds, scammers have decided to take advantage of the situation to promote a fake website on Google that claims to promote the network.

The website, originally located at unlchalindefi[.]com, claimed to be the official site for Uniswap’s Unichain network. But in reality, it did not offer a new network with user-friendly apps.

Instead, it stole all of the user’s cryptocurrency and transferred it to the site’s developers, who were not affiliated with Uniswap at all, according to warnings presented in the Web3 wallet MetaMask.

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Uniswap Labs Introduces Scalability-Focused Ethereum L2

Uniswap Labs Introduces Scalability-Focused Ethereum L2Uniswap Labs has announced Unichain, its Ethereum Layer-2 solution aimed at streamlining the user experience for those leveraging its services. The organization specified that Unichain would be built as part of Optimism’s Superchain, designed specifically with decentralized finance in mind. Unichain aims to lower costs by 95% compared to using the Ethereum blockchain and to […]

Trump’s World Liberty Financial Token Sale Kicks Off: 644M Tokens Sold

Uniswap (UNI) books 25% weekly gain leading into Unichain launch

UNI defies the marketwide sell-off by posting a 10%+ gain after the launch of Unichain.

UNI, the governance token of the Uniswap decentralized exchange, outperformed the crypto market on Oct. 10, posting a 15% daily gain following the launch of its own layer-2 network, Unichain. The price of UNI is up 25% over the last week and 23% in the past 30 days. 

UNI/USD daily chart. Source: TradingView

UNI’s trading volume has increased 418% on the day to $583.2 million. With a market capitalization of $5 billion, UNI has claimed the 20th position on the CoinMarketCap ranking.

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