Markets Daily Podcast Cover
Crypto Update | Contentious Uniswap Vote Highlights the Opaqueness of Decentralized Governance
With crypto markets fluctuating on hotter-than-expected CPI data, plus a look at DeFi’s faults, CoinDesk’s “Markets Daily” is back with the latest news roundup.
Markets Daily Podcast Cover

CDCROP: Uniswap unicorn balloon (Getty Images)
Uniswap Vote on BNB Deployment Ends With Silicon Valley’s A16Z on Losing Side
Uniswap’s community wants to bring the exchange to BNB Chain before copycats can launch identical competitors.
CDCROP: Uniswap unicorn balloon (Getty Images)

(Sanja Baljkas/Getty Images)
Contentious Uniswap Vote Highlights the Opaqueness of Decentralized Governance
A16z didn’t quash a proposal to launch Uniswap onto Binance’s BNB Chain, but that doesn’t mean it couldn’t have.
(Sanja Baljkas/Getty Images)

CDCROP: Unicorn float pool beach Uniswap (Unsplash/Modified by CoinDesk)
Uniswap DAO Approves Boba Network Deployment in Latest Community Vote
With its deployment on Boba Network, Uniswap has the opportunity to expand its community to include the users within Boba’s multichain ecosystem, significantly increasing both its total value locked and its transaction volume.
CDCROP: Unicorn float pool beach Uniswap (Unsplash/Modified by CoinDesk)

(Digital Art/The Image Bank/Getty Images)
Crypto Market’s Post-Fed Rally Continues as DeFi, Smart Contract Platform Sectors Star
Uniswap's UNI token and Avalanche's AVAX token were recently up about 4.5% and 3.4%; ether rose 3% at one point Thursday a day after unexpectedly moderate comments from Fed Chair Jerome Powell.
(Digital Art/The Image Bank/Getty Images)

Wormhole concept (Getty)
Wormhole Wins Vote to Be Uniswap’s Designated Bridge to BNB Chain
Uniswap aims to deploy its version 3 decentralized exchange on BNB Chain before its business source license expires on April 1. LayerZero, a target of recent criticism for under-publicized security risks, finished second in the voting.
Wormhole concept (Getty)

LayerZero CEO Bryan Pellegrino at Crypto Bahamas 2022 (Danny Nelson/CoinDesk)
Bridge Platform LayerZero Denies Allegations It Kept ‘Backdoor’ Secret
The allegations from the head of Nomad, a LayerZero competitor, come just before Uniswap votes on whether to partner with LayerZero.
LayerZero CEO Bryan Pellegrino at Crypto Bahamas 2022 (Danny Nelson/CoinDesk)

CDCROP: Unicorn float pool beach Uniswap (Unsplash/Modified by CoinDesk)
Uniswap Poll Shows 80% Support Decentralized Crypto Exchange's Move to BNB Chain
More than 20 million UNI were staked by community members to cast their votes.
CDCROP: Unicorn float pool beach Uniswap (Unsplash/Modified by CoinDesk)

Mary-Catherine Lader, COO, Uniswap Labs
Circle, Uniswap Research Says DeFi Can Solve $2T FX Risk Problem
A paper by researchers at the digital-assets firms says DeFi and blockchain technology could also reduce cross-border remittances costs by $30 billion a year.
Mary-Catherine Lader, COO, Uniswap Labs

CDCROP: Unicorn flying through paper currency (Dall-E/CoinDesk)
Uniswap DAO Community Members Vote in Favor of New Governance Process
After a week-long vote that ended Wednesday, nearly 100% were in favor of making changes to the voting process in an effort to reduce friction associated with community governance.
CDCROP: Unicorn flying through paper currency (Dall-E/CoinDesk)