DAO

(Beatrice Murch/Flickr)
Wyoming Grants DAOs New Legal Structure
The governor signed a law setting up a legal status – "decentralized unincorporated nonprofit associations" – for DAOs there, and one investment firm called Wyoming an "oasis...
(Beatrice Murch/Flickr)

UNI price more than doubled since the plan for the revenue sharing mechanism became public on Feb. 23 (CoinDesk)
Uniswap's UNI Gains 20% as Token Reward Proposal Inches Closer to Approval
Uniswap's reward sharing mechanism, if approved, could inspire other DeFi protocols to follow suit.
UNI price more than doubled since the plan for the revenue sharing mechanism became public on Feb. 23 (CoinDesk)

Fresh red paint on a white wall.
USDR Issuer Tangible Plans to Redeem Itself as a Layer-2 for Real-World Assets
First came the literal redemption for failed stablecoin USDR. Now comes the metaphorical redemption as Tangible changes its name to re.al.
Fresh red paint on a white wall.

Risk Profit Loss Dice Charts Markets (Gino Crescoli/Pixabay)
Risk Manager Gauntlet Terminates Relationship with Aave, Citing DAO Dysfunction
Gauntlet co-founder John Morrow said his team "found it difficult to navigate the inconsistent guidelines and unwritten objectives" of Aave's "largest stakeholders."
Risk Profit Loss Dice Charts Markets (Gino Crescoli/Pixabay)

Laptop hacker (Towfiqu Barbhuiya/Unsplash)
MIM Stablecoin Suffers Flash Crash Amid $6.5M Exploit
Certrik suggests the exploit could be due to a rounding error.
Laptop hacker (Towfiqu Barbhuiya/Unsplash)

(Unsplash)
dYdX Foundation Requests $30M Budget, Pledges to Issue Annual Spending Report
The Foundation wants to preserve an 18-month runway through at least mid-2026.
(Unsplash)

(Mathieu Stern/Unsplash, modified by CoinDesk)
DeFi Insurer Nexus Mutual Requests $153K for 6-Month Budget
The crypto insurance protocol is anticipating growth stemming from a recent partnership.
(Mathieu Stern/Unsplash, modified by CoinDesk)

Japan (Su San Lee/Unsplash)
Japanese Lawmakers Want To Carve Out New Web3 Policies: CoinDesk Japan
"We would like to grasp the current situation in areas other than decentralized autonomous organizations and identify new important points for policy," Congressman Hideto Kawa...
Japan (Su San Lee/Unsplash)

pile of pancakes on a plate.
PancakeSwap Proposes to Reduce CAKE Token Supply by 300 Million
More than 99.95% of the community, representing 70,000 votes from CAKE holders, favored the proposal shortly after it went live.
pile of pancakes on a plate.

Securities and Exchange Commission Chair Gary Gensler (Kevin Dietsch/Getty Images)
SEC Blasts 'Purportedly Decentralized' DAOs in $1.7M Settlement with BarnBridge
BarnBridge failed to register its structured crypto product with the SEC, regulators alleged.
Securities and Exchange Commission Chair Gary Gensler (Kevin Dietsch/Getty Images)