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Your daily crypto fill, from the deep, dark burrows of the blockchain. Handpicked and crafted with love by human bots \ud83e\udd1f

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Latest Issues

The Agentic Float

Hello,

In 2025, brokerage firm Charles Schwab earned $11.75 billion in net interest revenue. That was about half of its total revenue for the year. Schwab earned this by sitting on its clients’ idle cash, not by trading stocks on their beh...

6 days ago
20

The Decentralisation Test

Hello,

Up until last week, if you asked ten lawyers whether Ethereum was a security or a commodity, you’d get twelve different answers and a bill for $50,000. That’s been the reality of building anything in crypto in the United States. The...

7 days ago
20
1

Regulatory Asphyxiation

God forbid a crypto project actually reads the federal regulations before writing code. For a decade, the entire industry has been tested and strangled by its own self-inflicted loopholes. Which is entirely fair.

You are moving massive, te...

8 days ago
20

Who Owns the Swipe? 💳

Hello,

New technologies rarely come as clean replacements. They usually attach themselves to the infrastructure people already trust. That’s where teething troubles often emerge.

Cards did not eliminate cash overnight. Neither did mobile...

9 days ago
21

After the Feed 📱

Hello,

I hear a loose thought floating around me, used so often at this point: AI will take away our jobs and make us redundant. The bigger irony is that people across domains use this without really questioning exactly what these AI model...

10 days ago
13

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Authors

The writers behind this newsletter.

  • Token Dispatch

    Your daily crypto fill, from the deep, dark burrows of the blockchain. Handpicked and crafted with love by human bots \ud83e\udd1f

  • Thejaswini M A

    Explorer. Grounded to life. Want to go to moon. Collecting tokens in crypto world and feel rich on planet earth. Love a good beef fry and parotha.

  • Vaidik Mandloi

    I write, read & share Investable Alpha from all of Crypto. This is Your Unfair Crypto Advantage.

  • Prathik Desai

    I like to think I can write. I do that on most days: all things crypto for a living; on a scribbling note on the rest.

  • Systematic Long Short

    I'm an entrepreneur and a systematic portfolio manager and have seen how the sausage is made at several podshops; having managed both systematic books and other systematic PMs in various seats.

  • Sebastien Davies

    Sebastien Davies is a Partner at Primal Capital, investing across digital asset and financial infrastructure. He focuses on market structure, risk, and how new technologies are applied in practice.

  • Anderl

    On what current discovery platforms and social networks have quietly stopped doing well, and on the questions that come up while trying to build one that does. The thinking happens in public because it gets sharper that way.

  • Social

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