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Uniswap Founder: Financial System Must Remain Up and Accessible

2 hours ago

On March 2, Uniswap founder Hayden Adams took to Twitter to respond to the announcement “Dubai Financial Market Closed Until Further Notice,” stating: “Banning trading only deprives consumers of choice. In times like this, people need access to liquidity. The financial system must always remain operational and accessible.”
Relevant content

Smoke Emerges Inside U.S. Embassy Compound in Kuwait

Thick smoke was reported inside the U.S. Embassy in Kuwait on March 2, per CCTV News.

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BlockSec: Inverse Finance Reportedly Targeted in Attack, Loses Around $240,000

On March 2nd, BlockSec monitoring detected a suspected attack on Inverse Finance, with estimated losses totaling around $240,000. The incident may involve price manipulation of the DOLA token, which has led to multiple user liquidations. BlockSec has reached out to the relevant team but has not received a response as of yet.

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Explosions Heard in Dubai, UAE and Doha, Qatar

March 2: Witnesses report a massive explosion was audible in Dubai (UAE) and Doha (Qatar). (Kryptonite)

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Leveraged Long "Digital Gold" Outperforms Spot Gold, Whale Goes Long on BTC to Hedge Gold Short's Unrealized Loss

**March 2 Update** Per Coinbob Popular Address Monitor (https://t.me/Coinbob_track_CN), whale address 0x610 has again attempted to go long on BTC in the past hour as its precious metals short positions expanded. This marks the address’s third long attempt in 28 days, and the move may be a short-term risk strategy to hedge physical gold using “digital gold.” The current position totals $2 million, with an average entry price of $66,200. **Three Days Prior (Feb 26)** At 10:00 PM ET, U.S.-Iran third-round Geneva talks kicked off, with gold hovering around $5,200 per ounce. As global funds flocked to safe-haven assets, the address flipped to short GOLD (gold mapping contract). **Feb 28 Developments** News of a U.S.-Israel joint airstrike broke, triggering a short-term gold surge that incurred losses on its gold short. Later that day, the address added to its gold short and opened a new short on SILVER (silver mapping contract), doubling down on bets safe-havens would retreat.

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A newly created address has spent a large sum of money predicting a regime change in Iran, suspected to be an insider trading address

March 2: Per LookOnChain data, a new wallet labeled "Dafiiii-1772416838078" has spent $27,473 on Polymarket placing bets on two predictions: - The Iranian regime will collapse by either March 31 or June 30 - Naim Qassem will step down as Hezbollah secretary-general by March 31, 2026

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Despite the ambiguity surrounding the US-Iran conflict, institutions generally expect limited impact on the US stock market

**March 2nd – Ahead of Monday’s U.S. stock market open, former President Trump delivered a televised speech declaring: “The U.S. military will continue striking Iran until its objectives are met.”** This hawkish statement pushed U.S. stock index futures lower, signaling a high likelihood of a downbeat open for Monday. Meanwhile, analysts weighed in on the geopolitical conflict’s impact on U.S. equities, as summarized by BlockBeats: Bloomberg Intelligence’s Adam Hetts and Janus Henderson noted current market pricing frames the U.S.-Iran situation as a **“limited conflict.”** The impact is manageable unless the tension drags on, but volatility is set to rise this week. Wall Street, meanwhile, is shifting to a **“safety first, ask questions later”** strategy. John Briggs added the attack’s scale exceeded expectations, prompting some investors to sell stocks and rotate into bonds, gold, and the Swiss franc. A Citigroup equity strategist said in a client report the Iran situation’s over

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