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Uniswap Airdrop Scam
A scammer recently deceived several reputable crypto news outlets by promoting a fictitious $10 million Uniswap airdrop. The scam involved the distribution of a press release claiming that the Uniswap blockchain was launching a $10 million airdrop social media campaign in celebration of the launch of Uniswap’s V4 platform. The cybercriminal impersonated a representative of Uniswap Foundation to give credibility to the deception.
The press release contained embedded tracking links that redirected to a fake Uniswap website when clicked. Despite the initial publication of the fraudulent article by some media outlets, no financial losses have been reported. However, this incident serves as a reminder for crypto investors to exercise caution and rely on official channels for accurate information.
Impersonation Scam Targeting Uniswap Founder
Earlier, Uniswap founder Hayden Adams reported an impersonation scam targeting his wallet address. The scammer copied his address and added the .eth tag to create an Ethereum Name Service (ENS) address. This serves as a warning for users and interfaces to carefully verify addresses to avoid falling victim to similar scams.
Uniswap V4 Update
The Uniswap Foundation has announced that the V4 launch is tentatively scheduled for the third quarter of 2024. This timeline aligns with the anticipated mainnet launch of Ethereum’s Dencun upgrade by March 2024. The Dencun upgrade includes the EIP-4844, known as Proto-Danksharding, which is expected to reduce transaction fees for L2 blockchain networks operating on older smart contract infrastructure.
The roadmap for the V4 launch includes core code completion, testing, gas optimizations, security enhancements, and finalizing the periphery in the initial stage. Subsequently, the V4 will undergo comprehensive auditing by multiple blockchain firms and the community before being launched on the testnet. The final phase will involve the platform launch on the Ethereum mainnet.
Additional Airdrop Details
It is important to note that the Uniswap team did not mention a $10 million airdrop campaign in their official communication. Previous airdrops by the decentralized trading platform have rewarded users with a strong trading history on the platform, making the alleged FCFS (first come, first served) basis tactic unfamiliar to the protocol.
Ian is a cryptocurrency enthusiast blending humor with professionalism. With an engineering background and a storyteller's heart, he simplifies the blockchain world with sharp analysis and a touch of wit. At Cryptowire, he brings his unique perspective to make digital financial innovation accessible to all.
