Uniswap Falls 0.52% to $7.23 in Nov. 2 Market Snapshot

Uniswap (UNI) traded at $7.23 at 3:44 a.m. ET (08:44 UTC) Monday, down 0.52% over 24 hours, in the latest price reading for the token.

Binance said its hot wallets were compromised at about 4:05 p.m. ET (20:05 UTC) Oct. 29. The exchange began restoring withdrawals in stages Nov. 1, with more routes to follow security checks.

Geoffrey Kendrick, Standard Chartered’s global head of digital assets research, retained his $100 UNI target for 2030 in comments reported Oct. 30. He argued that the breach could increase decentralized exchanges’ share of crypto trading. His long-term view was covered in an earlier account of the bank’s outlook.