Uniswap rejects Bancor's patent infringement lawsuit

Odaily Planet Daily News: Uniswap Labs, the company behind Uniswap's decentralized trading platform, has rejected Bancor's infringement lawsuit filed in the Southern District Court of New York, stating that it is "gaining attention" at a time when the regulatory landscape for cryptocurrency and DeFi in the United States is evolving. On Tuesday of this week, Bancor announced a lawsuit against Uniswap Labs and the Uniswap Foundation, accusing them of infringing on their patented technology. Bancor claims that the Uniswap project has improperly utilized its Constant Product Automated Market Maker (CPAMM) infrastructure over the past eight years. （The Block）