Did you say Web3? Uniswap has updated its privacy policy, and it looks like the decentralized exchange is collecting more data than one might imagine. An update on what the DEX knows about its users.
Uniswap collects certain data about its users
Uniswap’s new privacy policy has gone largely unnoticed, and for good reason: it was published on November 11, in the midst of the FTX affair. But our colleagues from The Block exhumed the document yesterday, and noted some formulations who might well ask for part of the community.
On its blog, Uniswap makes it clear that it does not collect “personal data, such as first and last names, postal addresses, dates of birth, email addresses or IP addresses“. It is after all on this that Uniswap made part of its reputation, no surprise in that
But other data is collected, and if it is not personal data, they are unique to particular users :
“[Les données] include public on-chain data as well as some limited off-chain data, such as device type, browser version, etc.»
According to Uniswap, this data is used to make informed decisions who “improve the user experience».
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Monitoring of addresses used
In addition to these data collections, Uniswap confirms that it performs address monitoring who link to its services, in order to identify possible illicit transactions:
“We collect and store your address on the blockchain, which is publicly available, to learn about your use of the Services and to verify that your wallet has not been associated with illicit activities.»
It will be recalled that Uniswap had been part of the services who had blocked addresses linked to Tornado Cash. As a reminder, this cryptocurrency mixer had been subject to sanctions from the United States. The DEX therefore shows that if it offers relative anonymity to its users, it intends to continue to submit to certain injunctions.
👉 On the same subject – The US Treasury prosecuted for its handling of the Tornado Cash affair
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Source: The Block
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Journalist at Cryptoast, I fell into the pot of cryptocurrencies a few years ago. I am passionate about the innovative technologies that stem from the blockchain and I like to find the most crispy information to share with you.
Marine Debelloir
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