May 19, 2023
Curve launches a thoughtful, innovative stablecoin product that aims to address some of DeFi’s longstanding problems.
March 03, 2023
A new frontier in Bitcoin emerged unexpectedly over the last 2 months. Since December 14, 2022, more than 200,000 inscriptions have been minted on Bitcoin.
February 02, 2023
This report is part 2 of a 2-part series focused on Maximal Extractable Value. Between January 1, 2022, and December 31, 2022, $133m in Maximal Extractable Value (MEV) was earned on Ethereum.
January 25, 2023
If 2021 was the big breakout year for mining, then 2022 can easily be thought of as the reversion to the mean as miners faced the perfect storm of headwinds.
January 20, 2023
This report is part 1 of a 4-part series focused on Optimism and Arbitrum—the two most popular optimistic rollups on Ethereum.
November 30, 2022
Zero-knowledge Ethereum Virtual Machines (zkEVMs) are an ambitious and game changing technology for improving Ethereum scalability both in the short and long-term.
November 04, 2022
Decentralization is one of the most compelling narratives driving crypto adoption today. It is core to the value proposition of protocols like Bitcoin and Ethereum, as well as the applications that are built on top of them.
September 29, 2022
The web3 gaming space has seen a surge of interest over the past year, evidenced by the unprecedented number of investments funneling into web3 games and web3 gaming infrastructure.
September 22, 2022
Commonly referred to as the “internet of blockchains,” Cosmos is an ecosystem composed of the Cosmos SDK toolkit and IBC, a cross-chain messaging protocol.
August 25, 2022
The Bitcoin mining industry has had a tumultuous start to 2022. This report will examine the current state of the Bitcoin mining industry, reviewing the trends of the first half of 2022.
August 15, 2022
Stablecoins are digital representations of other assets for use on blockchains and in the crypto economy. While stablecoins may also be designed to track the price of other underlying assets such as gold and other exchange-traded commodities …
July 18, 2022
There has been an interesting symbiosis between NFTs and DeFi that has birthed some novel applications. As NFTs start to bring more users into the world of DeFi through these novel applications, we take note of some major protocols and ongoing challenges.
May 27, 2022
Solana is a fast, low-latency, proof-of-stake Layer 1 blockchain with a differentiated technical architecture and growing usage across several vectors. While fundamental design problems currently limit its resilience, and centralization issues are…
March 15, 2022
This report is the first in our Do Your Own Research series. It offers a comprehensive and generalized overview of how to use on-chain data for the fundamental analysis of cryptoassets. Later reports in this series will dive deeper into how to leverage…
February 10, 2022
Whether you ski or snowboard, it’s important to be prepared this winter because Avalanche season is here. Avalanche is the fastest blockchain as measured by time-to-finality (often sub-second). Powered by its innovative consensus mechanism…
January 12, 2022
2021 was a revolutionary year for Bitcoin mining. The third halving in May of 2020 brought broader attention to mining, and the growing interest has never subsided. Favorable economics made mining profitable for almost all participants, drawing in more…
January 06, 2022
This report is part 1 of a 2-part series focused on Maximal Extractable Value. This is the story of how the Flashboys of tomorrow, called Flashbots, are changing the game of frontrunning on Ethereum. In traditional finance…
November 23, 2021
Last week, a DAO almost bought an original printing of the US Constitution. On Thursday, November 18th, 2021, The ConstitutionDAO nearly won an auction at Sotheby’s due to its 17k donors to claim the only copy of the Constitution to be privately-owned.
November 04, 2021
Since Bitcoin launched in 2009, the concept of decentralization has become more and more mainstream. While Bitcoin wasn’t the first decentralized system, Satoshi Nakamoto’s invention was the first to successfully create decentralized money, an…
September 17, 2021
Public blockchains are distributed databases with the ability to reach consensus between an untrusted set of participants without the involvement of intermediaries or central parties. To achieving trustless consensus, blockchain design has necessarily…