DAOs May Need To Ditch Decentralization To Court Institutions

Decentralized autonomous organizations (DAOs) were built on an ideological premise that is now running up against the realities of running a business, where decentralization collides with the need for legal ownership and control. On March 11, DAO Across Protocol made a controversial proposal to transition to a private company through a token-to-equity exchange buyout. Risk Labs, the team behind Across (ACX), said that the token and DAO structure “materially” impacted its ability to close deals with enterprises and institutions. The industry reaction has been split. Decentralized finance (DeFi) researcher Ignas…

Bitcoin Adoption Metrics Say One Thing, Price Action Says Another

Key takeaways Bitcoin’s price reflects short-term marginal buying and selling, while adoption reflects long-term structural shifts. Ownership expansion, institutional integration and merchant growth can accelerate even when the market price remains flat or declines. In 2025, Bitcoin expanded significantly across institutions, banks, corporations, merchants and sovereign entities. These shifts represent deeper entrenchment within global financial systems, even as headline price performance appeared underwhelming. Institutions accumulated substantial amounts of Bitcoin, but much of this demand was offset by distribution from long-term holders. As supply changes hands between cohorts, price may consolidate…

Decentralized Compute Has Failed

Opinion by: Leo Fan, founder of Cysic Decentralized compute has failed. Not because it can’t find you a cheap GPU; it’s actually quite good at that. The problem is that every major network today still forces you to trust the node operator with your data and results.  We have replaced Amazon’s login page with a wallet connection and called it Web3. A staggering $2 billion to $3 billion was poured into “decentralized cloud” tokens from 2023 to 2025. Yet none of the top players can give a smart contract mathematical…

Cari Taps ZKsync’s Prividium as US Banks’ Answer to Stablecoins

Cari Network, a permissioned network for banks led by former United States Comptroller of the Currency Gene Ludwig, has chosen Matter Labs’ Prividium infrastructure to power a bank-governed tokenized deposit network for US regional and mid-sized lenders.  Built on ZKsync and anchored to Ethereum, the platform is designed to let participating banks issue and move tokenized deposits around the clock while keeping them on the balance sheet as bank liabilities, according to a Tuesday release shared with Cointelegraph. The move comes as lawmakers debate frameworks such as the Guiding and…

Bitcoin Bulls Risk Getting Trapped at Six-Week Highs

Bitcoin (BTC) risks turning its rebound into a classic “bull trap” as the price rejects at strong resistance. Key points: Bitcoin faces flat Coinbase spot demand and an open interest divergence as prices rise above $75,000. This risks ending the rebound due to structural weakness, analysis warns. Any push higher toward $80,000 will be “challenging.” BTC market lacks “spot buying support” New research from onchain analytics platform CryptoQuant released on Tuesday warns that the recent BTC price rebound may collapse. “The Bitcoin market is currently exposing a critical structural vulnerability…

Do Bitcoin Halvings Matter Anymore If Strategy’s STRC Exists?

Michael Saylor’s Strategy is using its preferred stock, STRC, to buy Bitcoin (BTC) at an accelerating pace. But can this create a more powerful supply shock than the halving? Key takeaway: Strategy raised $1.18 billion via MSTR shares to fund Bitcoin purchases last week. Bitcoin’s next cycle may be driven less by the halving calendar and more by large-scale corporate accumulation. Strategy outpacing new Bitcoin mined seven times In the week ending March 15, Strategy bought 22,337 BTC, funded partly by about $1.18 billion from STRC sales. That is equivalent…

Messari CEO Eric Turner Steps Down Amid AI Expansion

Blockchain data provider Messari has announced a series of layoffs on Monday as its CEO, Eric Turner, stepped down to make way for the company’s “next phase” as an AI-first company.  “Today, I stepped down as CEO of Messari and handed the reins to Diran,” Turner said on X on Monday, referring to Diran Li, who ascended after serving as chief technology officer of the company for more than seven years.  He added that it “wasn’t an easy decision, but it’s the right one for the company’s next phase, and…

Ex-LA Cop Gets 5 Years for Helping Crypto ‘Godfather’

A former Los Angeles County Sheriff’s Department deputy has been sentenced to more than five years in prison for helping Adam Iza, a jailed crypto founder dubbed “The Godfather,” extort victims. A California federal court handed Michael Coberg 63 months in prison and an order to pay $127,000 in restitution for helping Iza extort one of his rivals and arrange a drug possession arrest of another person, the Los Angeles US Attorney’s office said on Monday.  Coberg had pleaded guilty in September to conspiracy to commit extortion and conspiracy against…

Bitcoin ETF Inflows See 6-Day Streak

US-based spot Bitcoin exchange-traded funds recorded their sixth day of inflows on Monday as Bitcoin rose over 12% over the period, marking the longest streak of fresh capital into the ETFs since October last year.  Data from Farside Investors shows Bitcoin ETFs raked in $199.4 million of net inflows on Monday. BlackRock’s iShares Bitcoin Trust (IBIT) and the Fidelity Wise Origin Bitcoin Fund led with $139.4 million and $64.5 million in inflows, respectively. The Bitwise Bitcoin ETF and Franklin Bitcoin ETF tallied inflows of $2.8 million and $2.1 million, while…

SEC has Proposed Narrowing Rule 15c2-11 to Equity Securities Only

The US Securities and Exchange Commission is pushing to clear up years of confusion over a key broker-dealer reporting rule that prevented certain assets from being quoted by broker-dealers on the over-the-counter (OTC) market.  The SEC Rule 15c2-11 was first adopted in 1971, aimed at reducing fraud in the penny stock market. It requires broker-dealers to maintain up-to-date public information about an issuer before it can publish over-the-counter quotes. In 2021, the rule was reinterpreted to also include fixed-income securities (such as government or corporate bonds), which saw backlash from…