3-24
Balancer Labs to wind down after $116M November hack; protocol to continue under DAO
Balancer Labs will shut down following financial strain and a $116 million exploit in November, while executives propose that the Balancer Foundation and Balancer DAO take over ongoing operations. The team says the company has been running without revenue and spending heavily to attract liquidity, which it says diluted BAL holders. Balancer’s TVL has fallen from a $3.3 billion peak in November 2021 to $158 million, after dropping to $800 million by October 2025 and then sliding another $500 million in the two weeks after the hack.
LINK
LINK-4.16%
3-24
3-24
Neo Oracle Gateway connects Neo N3 oracle to Neo X through Message Bridge
BaneLabs has released the Neo Oracle Gateway, enabling Neo X smart contracts to request and receive external data via Neo N3's built-in oracle on both MainNet and TestNet. Using the Message Bridge, Neo X contracts can send oracle calls to Neo N3 and receive results back without leaving the EVM environment. The launch also includes 3vm, a tool for monitoring and debugging bridge activity and testing oracle requests end-to-end.
NEO
NEO-4.20%
3-24
3-24
Kalshi and Polymarket roll out trading bans as US senators target sports-style event contracts
Kalshi and Polymarket announced new restrictions on Monday aimed at limiting insider trading and market manipulation in prediction markets. Kalshi said it will bar political candidates from trading on their own campaigns and restrict people tied to college or pro sports, while Polymarket outlined broader bans for trading on stolen confidential information, illegal tips, or for users able to influence outcomes.
LINK
LINK-4.16%
3-24
3-24
Balancer Foundation Proposes Restructure With BAL Tokenomics Revamp and Cost Cuts
On Mar 23, 2026, the Balancer Foundation submitted governance proposals that would overhaul BAL tokenomics and reorganize operations to extend the protocol's runway. The plan would halt BAL incentives, end veBAL, route 100% of protocol fees to the DAO treasury, and offer a BAL buyback for holders who want to exit. It also calls for winding down Balancer Labs, moving work into a new operating company, and cutting headcount from 25 to 12.5 while reducing the new entity's budget by 34% to $1.9M.
DAO
DAO+4.47%
3-24
3-24
Aave DAO approves ARFC vote to start talks on Aave V4 Ethereum mainnet rollout
Aave DAO has approved an Aave Request for Comment (ARFC) snapshot vote to kick off community discussion on deploying Aave V4 to Ethereum mainnet, with a rollout expected this year. The vote ran four days and closed with 100% support, starting a non-binding phase before any onchain Aave Improvement Proposal and deployment. V4 introduces a modular Hub-and-Spoke design and deeper integration of the GHO stablecoin, as the protocol navigates contributor changes including planned exits by BGD Labs and Aave Chan Initiative.
BTC
BTC-3.39%
3-24