Uniswap Vote on BNB Deployment Ends With Silicon Valley’s A16Z on Losing Side

“[W]e do not believe Wormhole offers the most secure or decentralized bridging option,” wrote Porter Smith, a partner at a16z Crypto, citing last year’s $326 million hack of the Wormhole platform as a key factor in the firm’s opinion. An a16z representative also told CoinDesk the firm took issue with the process the DAO used to assess different bridge options, suggesting the community re-do the vote after completing a more formal review of the bridge contenters.