Search results for "DAO"
2026-03-13
06:47

Across Bridge Protocol or Farewell to DAO? ACX price soars as the team proposes transitioning to a private company

The Across development team plans to convert DAO governance into private company management, leading to an increase in ACX token prices. The new structure aims to improve the company's ability to sign commercial contracts and stabilize revenue, while allowing token holders to exchange their tokens for company shares at a 1:1 ratio or opt for buybacks at prices above market value. This transition could spark a new wave of growth in blockchain technology and is regarded as a significant example in the evolution of crypto governance models.
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ACX-8,72%
UMA1,93%
02:02

CoW DAO Responds to Whale's $50.39 Million Loss Event, Promises to Refund Trading Fees

CoW DAO responded to the incident where a whale lost $50.39 million while swapping aEthAAVE, stating that the decentralized trading platform was unable to complete the transaction. The team emphasized the importance of user autonomy and choice. They are researching how to balance security with user self-sovereignty and have committed to reimbursing related fees.
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COW-3,96%
02:12

Across's new proposal plans to convert the protocol from a DAO structure to a U.S. C-corp company, allowing ACX holders to choose between equity exchange or token purchase.

Across Community proposed a new plan on March 12th to transform the existing "DAO + Token" structure into a U.S. C-corp company, holding the protocol's intellectual property rights. ACX holders can choose to exchange for equity or sell tokens for USDC at $0.04375 per share, with plans to execute within 6 months.
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ACX-8,72%
USDC0,01%
07:58

Today's Cryptocurrency News (March 11) | Aave experiences $27 million in abnormal liquidations; US CPI data release imminent

This article summarizes cryptocurrency news as of March 11, 2026, focusing on the latest Bitcoin updates, Ethereum upgrades, Dogecoin trends, real-time cryptocurrency prices, and price forecasts. Major Web3 events today include: 1. Arthur Hayes warns: Bitcoin may dip below $60,000 in the short term, but still has the potential to surge to $500,000 in the long term; 2. Aave oracle failure triggers a chain of liquidations: $26 million in positions evaporate, DAO promises full compensation; 3. Circle stock price may hit $190: USDC stablecoin application expansion, Wall Street optimistic about the future of digital dollar payments.
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06:47

Aave Oracle Failure Triggers Chain Liquidation: $26 Million Position Vanishes, DAO Promises Full Compensation

On March 11th, the decentralized lending protocol Aave experienced a large-scale liquidation event due to a misconfiguration of the price oracle. Approximately 34 accounts were liquidated, involving $26 million. The issue stemmed from desynchronized CAPO mechanism settings, which caused a brief misjudgment of the wstETH price. Although some users were affected, the Aave protocol remained financially unaffected and will initiate a compensation mechanism. Following the incident, the market reaction was stable, and the AAVE price increased.
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AAVE-2,39%
ETH-1,29%
06:36

Aave founder Stani Kulechov: DAOs are not coming to an end, but decentralized governance must be upgraded

Aave founder Stani Kulechov pointed out that the DAO governance model needs adjustment to improve decision-making efficiency and avoid politicization. He proposed maintaining transparency mechanisms, adopting a core team responsible for daily decisions, ensuring on-chain oversight, and enhancing DAO governance efficiency. This view has sparked widespread discussion about the governance structure of DeFi protocols.
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AAVE-2,39%
05:46

RIVER (River) increased by 32.12% in the past 24 hours

Gate News Report, March 11 — According to Gate Market Data, at the time of press, RIVER (River) is trading at $14.80, up 32.12% in the past 24 hours. The price reached a high of $21.59 and a low of $10.67. The 24-hour trading volume is $51.1 million. The current market capitalization is approximately $290 million, an increase of $70.5 million from yesterday. ## Important Recent News about RIVER: 1️⃣ **On-Chain Infrastructure Financing Drives Growth** TRON DAO Ventures has provided $8 million in funding to River to support the expansion of its on-chain abstraction infrastructure within the TRON ecosystem. This move indicates that River’s strategic value as a cross-chain liquidity connection solution has been recognized by leading public chain ecosystems, supporting the project’s long-term development.
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