Bancor Team Sues Uniswap Over AMM Patent Use
The developers of the decentralized exchange (DEX) Bancor have filed a lawsuit against competitor Uniswap, seeking damages for the alleged infringement of its patent. According to the lawsuit, the defendant used the automated market maker (AMM) without permission and profited significantly from it. Bancor patented the technology developed in 2016 in January 2017. Uniswap employed […]