
As ICOs return with renewed momentum, their underlying infrastructure becomes critical. Powered by its own FHE stack, Zama introduces a new Sealed-Bid Dutch Auction that enables confidential participation in public ICOs. In this report, we...
A special thanks to Connan and Mathis for their feedback and review.
One of the first big value propositions of crypto was its ability to significantly lower the friction for capital formation and offer an...
AI agents have advanced beyond simple language tasks. They’re now capable of executing trades, managing capital, making payments, and operating across more complex, multi-step tasks. But as these syste...
DeFi solves the information asymmetry problem that has riddled TradFi’s capital markets, though still more in theory than in practice. The value, and difficulty, of coordination, only becomes more evident in decentralized systems, and despi...
As the internet becomes the new infrastructure for finance, payments, and global commerce, a new opportunity emerges to build innovative consumer products that capitalize on the open, permissionless rails of DeFi. In this report we explore...
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The writers behind this newsletter.
Digital Asset Researcher and Investor
cooking @ shoal
figuring out systems
Crypto Researcher / DeFi & Investments / Surfer
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