Exit Hashrate: Miners, AI, and Bitcoin's Security Budget
Public Bitcoin miners are converting into AI datacenters. We examine what over $70B in HPC contracts means for hashrate, fees, and BTCFi security.
Where Stablecoins Actually Settle: Tempo, CPN, Plasma
The gap between $28T of stablecoin volume and the sliver that is actual payments, and what Tempo, CPN, and Plasma each try to solve.
DeFi 15 days ago
Selling Blobspace: Ethereum's DA Business Model After Fusaka
Fusaka multiplied Ethereum's blob capacity and set a fee floor. Revenue capture still lags. We examine whether cheap DA is a strategy or a subsidy.
DeFi 20 days ago
[BTCFi Series 7] Covenants: Bitcoin's Frozen Fork
CTV and CSFS would unlock vaults, cheaper bridges, and Ark-scale off-chain venues. We trace why activation stalled and what a 2026 out-of-Core push means.
BTCFi 22 days ago
The Great Crashes, Part 3 — 10/10, The $19B Day
A forensic post-mortem of October 10, 2025: how a tariff shock, a Binance index quirk, and looped USDe collateral produced crypto's largest liquidation.
Trackers 트래커 トラッカー 追踪器 Trackers
Recents
View all Exit Hashrate: Miners, AI, and Bitcoin's Security Budget
Public Bitcoin miners are converting into AI datacenters. We examine what over $70B in HPC contracts means for hashrate, fees, and BTCFi security.
Where Stablecoins Actually Settle: Tempo, CPN, Plasma
The gap between $28T of stablecoin volume and the sliver that is actual payments, and what Tempo, CPN, and Plasma each try to solve.
DeFi 17 min read
Selling Blobspace: Ethereum's DA Business Model After Fusaka
Fusaka multiplied Ethereum's blob capacity and set a fee floor. Revenue capture still lags. We examine whether cheap DA is a strategy or a subsidy.
DeFi 16 min read
[BTCFi Series 7] Covenants: Bitcoin's Frozen Fork
CTV and CSFS would unlock vaults, cheaper bridges, and Ark-scale off-chain venues. We trace why activation stalled and what a 2026 out-of-Core push means.
BTCFi 17 min read
The Great Crashes, Part 3 — 10/10, The $19B Day
A forensic post-mortem of October 10, 2025: how a tariff shock, a Binance index quirk, and looped USDe collateral produced crypto's largest liquidation.
Machines That Pay: x402 and Agentic Commerce Rails
A mechanism deep-dive into x402, its facilitator architecture, and how stablecoin rails compete with Visa Intelligent Commerce and Google's AP2 for agent payments.
DeFi 17 min read