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.

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.

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.

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.

Chaos Labs analysis indicates that the recent $27 million liquidation event of Aave was caused by a CAPO risk oracle configuration issue, leading to exchange rate calculation errors. Inconsistent smart contract parameters caused the liquidation to occur, but the protocol did not incur bad debt. The Aave treasury will cover the remaining losses, and it is expected that DAO compensation will not exceed 345 ETH.

Aave founder Stani Kulechov pointed out that although DAOs have not ended, structural evolution is needed to improve decision-making efficiency. He noted that the current governance model is too slow, prone to politicization, and affects protocol development. Kulechov emphasized the need to optimize governance structures to maintain decentralization principles while enhancing execution capabilities, promoting Aave's expansion in the lending market.

Gate News Announcement, March 10 — According to official sources, the latest weekly report from TRON's decentralized lending protocol JustLend DAO shows that the platform's total value locked (TVL) has reached $5.99 billion, with total deposits amounting to $2.89 billion. JustLend DAO is one of the core DeFi infrastructures in the TRON ecosystem.

TRON DAO recently announced that it has become a member of the Agentic AI Foundation under the Linux Foundation and will serve as a board member. The foundation is dedicated to providing open infrastructure for agentic AI. TRON founder Justin Sun stated that he will focus on developing an open framework that interacts with decentralized networks and digital financial infrastructure.

Gate News Bot Message, March 09, According to CoinMarketCap data, as of press time, DEXE (DeXe) is trading at $4.39, up 18.38% in the past 24 hours, with a high of $4.41 and a low of $3.19. The 24-hour trading volume reached $14.3 million. The current market capitalization is approximately $367 million, an increase of $57 million from yesterday. DeXe Protocol is an innovative infrastructure for the next-generation Web3 governance solutions, dedicated to supporting the creation and management of Decentralized Autonomous Organizations (DAOs). The protocol is empowered by a strong decentralized community and offers a comprehensive library of smart contract tools, including over 50 smart contract modules such as DAO contracts, governance contracts, treasury contracts, launchpad contracts, delegation contracts, and advisory contracts, helping users in multiple ways.

Odaily Planet Daily reports that GMX DAO recently approved a strategic plan to address the limited effects of ongoing buybacks and the pressure on prices caused by excess supply on CEXs. Under the new plan starting this week, staking rewards will be directed to the protocol treasury, and protocol liquidity will be concentrated within GMX's own infrastructure. This move aims to optimize the price discovery mechanism, reduce the impact of excess exchange supply on the market, and strengthen the protocol's intrinsic value support.