This is a segment from The Breakdown newsletter. To read full editions, subscribe. “I don’t get it. I still don’t get it.”— Tom Hanks, Big At a holiday dinner last night, I was asked to explain crypto to someone who is so new to the topic they had not previously heard of Ethereum. I did…
This is a segment from the 0xResearch newsletter. To read full editions, subscribe. This Wednesday, BTC outpaced stocks as launchpads rose. More importantly, this week’s update highlights a clear structural shift in how crypto markets are being distributed. We also take a look at M&A and fundraising over the past year, and note the drastic…
This is a segment from the 0xResearch newsletter. To read full editions, subscribe. We start with a risk-off tape across tech, crypto and miners, then zoom in on Robinhood’s prediction market roadmap. Indices Markets closed with a clear risk-off tone yesterday. Gold was the lone bright spot, finishing up 0.8%, while the S&P 500 ended…
This is a segment from The Breakdown newsletter. To read full editions, subscribe. “A great challenge of life: Knowing enough to think you are right, but not knowing enough to know you are wrong.” — Neil deGrass Tyson “Ideas are so fragile,” Sir James Dyson reflected in a recent interview. He would know, given the…
Thanks to Arantxa Zapico, Benedikt Wagner, and Dmitry Khovratovich from the EF cryptography team for their contributions, and to Ladislaus, Kev, Alex, and Marius for the careful review and feedback. The zkEVM ecosystem has been sprinting for a year. And it worked! We crossed the finish line for real-time proving! Now comes the next phase:…
This is a segment from The Breakdown newsletter. To read full editions, subscribe. “There was no lightbulb moment in the story of the lightbulb.”— Steven Johnson, How We Got to Now The lightbulb has come to be associated with serendipitous flashes of inspiration — the moment when a fully formed idea pops into an inventor’s…
This is a segment from the 0xResearch newsletter. To read full editions, subscribe. Markets turned risk-off, with BTC dropping below $86,000, underperforming both equities and gold ahead of a busy week for economic data. Despite the market downturn, there were small pockets of outperformance, with AAVE pushing the Lending and Ethereum Eco indices higher. We…
This is a segment from The Breakdown newsletter. To read full editions, subscribe. “The house of every one is to him as his castle and fortress.” — Sir Edward Coke, the Attorney General of England, 1604 In 1604, the Court of King’s Bench decided what’s now known as Semayne’s Case in favor of the defendant,…
Disclaimer: The following blog is a proposal from the Stateless Consensus team. Content may not imply consensus views, and the EF is a broad organization that includes a healthy diversity of opinion across Protocol and beyond that together strengthen Ethereum. Special thanks to Ladislaus von Daniels and Marius van der Wijden for reviewing this article….
This is a segment from the 0xResearch newsletter. To read full editions, subscribe. As dispersion continues, this week has pointed to concrete shifts rather than narrative noise. Aerodrome’s net income moved toward breakeven as emissions fell in line with revenue, while USDai’s TVL showed stepwise growth. At the same time, tokenized assets continued to scale…