News

A U.S. federal judge ruled on Monday to dismiss the remaining state law claims against Uniswap Labs and founder Hayden Adams, with no possibility of refiling, marking the official end of this nearly three-year class action lawsuit. The plaintiffs accused Uniswap of providing a trading platform for “scam tokens” issued by third parties, but Judge Katherine Polk Failla held that smart contract code writers should not be held liable for misuse by third parties, and the plaintiffs failed to prove Uniswap had actual knowledge of the fraud. After the verdict was announced, the UNI token rose 6% to $3.92.

Jinse Finance reported that U.S. Secretary of State Rubio stated on Monday that the United States will take measures to alleviate the rise in energy prices caused by the surge in oil prices due to the Iran conflict. Rubio said that U.S. Treasury Secretary Besente and Energy Secretary Wright will announce relevant plans on Tuesday. Rubio stated, "Starting tomorrow, you will see us gradually implement these measures in an attempt to address this issue... We have long anticipated that this could be a difficult challenge." On Monday, due to attacks by Israel and the United States on Iran, as well as Iran's counterattacks, oil and gas facilities in the region were forced to shut down, shipping in the Strait of Hormuz was disrupted, and oil and gas prices rose sharply.

“Trump Tariff Losers” Index fell by 2.25%, closing at 111.90 points. “Trump Financial Index” rose by 0.69%, closing at 155.57 points. Retail Investors Group Concept Stocks Index / Meme Stock Index dropped by 2.40%, closing at 12.94 points.