This is a segment from The Breakdown newsletter. To read full editions, subscribe. “You have to enjoy failure.” — James Dyson In a 2003 research paper, Google engineers shared their new approach of building “reliable computing infrastructure from clusters of unreliable commodity PCs.” This was a radical change. Instead of paying up for super high-end…
This is a segment from the 0xResearch newsletter. To read full editions, subscribe. Yield Basis (YB) is a novel DeFi mechanism that uses leverage to eliminate impermanent loss (IL) from AMMs. The founder of Yield Basis is the same founder as Curve, and synergies exist between the two. The mechanics of how this mechanism works…
This is a segment from The Breakdown newsletter. To read full editions, subscribe. “Corporations are legal entities that own themselves.” — Lynn Stout The idea that companies should be run for the benefit of shareholders is a relatively new one. For most of the 20th century, American corporations were instead operated according to the principle…
This is a segment from the 0xResearch newsletter. To read full editions, subscribe. The headline in crypto today is Lighter’s LIT token finally going live, marking a key moment in the ongoing battle for perps market share. In today’s coverage, we break down one of the most overlooked beneficiaries of perps growth (Pendle via Boros),…
This is a segment from The Breakdown newsletter. To read full editions, subscribe. “It gives women a feeling of freedom and self-reliance. I stand and rejoice every time I see a woman ride by on a wheel.” — Susan B. Anthony on bicycles The 1880s saw bicycle riders shift from sitting directly — and precariously…
2025 was a line in the sand moment for crypto. Decades from now, we will look back at these years as 2009 – 2024. Then 2025. Then everything after. It’s worth taking a moment to reflect on exactly why that is and what it means for the next decade. Until this point, crypto could fairly…
This is a segment from the 0xResearch newsletter. To read full editions, subscribe. Happy Monday, and hope you all had a merry Christmas! We’re back with updates on recent crypto performance as we move into the New Year. Gold led traditional benchmarks higher this week while BTC slipped nearly 1%, diverging from the broader risk-on…
This is a segment from the 0xResearch newsletter. To read full editions, subscribe. It’s been a slow week with Christmas, and traditional markets were closed yesterday. BTC slipped slightly (-0.4%) on muted volumes across the board, reflecting the broader holiday lull. With price action quiet, it’s a good moment to step back, reflect on 2025,…
This is a segment from the 0xResearch newsletter. To read full editions, subscribe. Maple (SYRUP) is up 26% over the past week, outperforming all other money markets in our lending index. Alongside Sky, it is the only asset in the index with a positive year-to-date performance, and by a broad margin, up 112% vs. Sky’s…
Devcon, the Ethereum community’s annual global gathering for builders, will take place from 3-6 November 2026 at the JIO World Center in Mumbai, India. This Devcon 8 update is not a full vision, but will help organizers and the wider ecosystem plan. More details on programming, tracks, and participation will follow in the coming months….