Uniswap DEX will acquire consumer on-chain and off-chain information
Uniswap publishes a new Privacy Policy, stating that the platform will acquire on-chain and off-chain information from users’ wallets to make improvements to th...
Uniswap publishes a new Privacy Policy, stating that the platform will acquire on-chain and off-chain information from users’ wallets to make improvements to the practical experience.
The variety one particular DEX on Ethereum is the newly announced Uniswap Privacy Policy new on consumer information collected by the exchange. Specifically, Uniswap explained the exchange collects on-chain and off-chain info connected to users’ crypto wallets.
Uniswap’s new privacy policy states that it collects information connected to users’ walletshttps://t.co/1PDSM5TQ5M
— The Block (@TheBlock__) November 21, 2022
Uniswap has clarified that the on-chain information they acquire is public information on the blockchain. As for off-chain information, Uniswap says it does not acquire delicate info this kind of as names, emails or IP addresses.
Uniswap says:
“Our top priority is to protect your data and privacy, but we also need to collect data to improve personalized experiences. The data we collect includes public on-chain data and limited off-chain data such as the type of device you are using, web browser version,…”
In addition, Uniswap also warns that other DEXs or third-get together solutions could acquire delicate information this kind of as mobile gadget ID, cookies, working process or browser language. That info will be utilised to label which customers have imported tokens, interact with which DApps, and so on.
In addition, Uniswap also explained that it performs with blockchain information analysts to search into users’ on-chain wallet info. The function is to detect unauthorized action. This is a “confession” that Uniswap really partnered with TRM Labs to block 253 Tornado Cash-connected wallet addresses.
uniswap explained:
“When a user connects a non-custodial wallet to Uniswap, we collect public blockchain wallet address data to better understand the user and scan to see if the user has any activity. Any violation or not.”
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