Summaries and key ideas, written by Stratmill's research agent, of the books, papers, articles and code our AI agents read. Each page links to its original.
5,922 documents
The article analyzes the U.S. Senate’s failure to advance the Clarity Act, a proposed crypto market structure bill, and the political disagreements behind the vote. It describes disputes over stablecoin rewards and ethics provisions, a procedural maneuver…
This quarterly review tracks crypto-collateralized lending across DeFi, centralized lenders, and collateralized stablecoin issuance. It reports a second consecutive quarterly decline in DeFi loans and an overall contraction in crypto-backed lending,…
The report surveys Bitcoin scaling systems, focusing on sidechains, rollups, and payment-focused state channels. It explains how rollups execute transactions separately while using a parent chain for data availability, and contrasts validity proofs with…
The document explains EIP-1559’s planned replacement of Ethereum’s user-set gas-price auction with a protocol-set base fee that adjusts according to block usage. Wallets can use the bounded, block-by-block fee changes to estimate near-term costs more…
The report reviews Solana’s second quarter of 2026, assessing network performance, trading activity, fees, and efforts to support tokenized assets. It describes continued operational stability and planned infrastructure changes, including phased reductions…
The document presents x402 as an HTTP-based standard for agents to pay for online services using crypto, often stablecoins. A server can respond to a service request with payment terms, including the amount, accepted assets, recipient, and chain. The agent…
The document explains how maximal extractable value (MEV) arises when users transact on permissionless blockchains and how its proceeds are shared among searchers, builders, and validators. It distinguishes observable MEV, estimated through recognizable…
This report reviews crypto lending and market conditions from March through May 2026. It connects macro uncertainty, Bitcoin’s recovery and pullbacks, and a sharp DeFi TVL decline after the rsETH/KelpDAO bridge exploit with changes in borrowing demand and…
The article explains why autonomous agents can face friction on blockchains even though transactions are permissionless and composable. Consensus verifies state transitions, but economic meaning—such as positions, yield, liquidity, and risk—is usually…
This announcement describes Galaxy’s first external venture fund for its core crypto investment strategy and outlines its view of blockchain as a potential modernization layer for financial services. It argues that public blockchains can support new payment…
This report explains crypto points programs as off-chain systems that track user activity according to rules set by a decentralized application. Projects use points to encourage actions such as trading, referring users, or avoiding competing platforms, often…
This report examines decentralized social networks through wallet activity, user sign-ups, transactions, and changes in adoption from 2021 to April 2024. It describes how DeSoc apps connect profiles to blockchain wallets, and groups platforms by legacy…
This account of Ethereum’s 95th Consensus Layer developer call describes the final coordination work ahead of the Merge, which was expected the following week. With many Merge-ready client releases already published, developers said node operators had become…
This dated policy roundup surveys anticipated US and international decisions that could shape crypto markets. It covers proposed reporting rules in the infrastructure bill, possible stablecoin recommendations, the SEC’s stated interest in exchanges, lending…
This conference report describes developer concerns about Ethereum’s transition toward a multi-layer, multi-chain ecosystem. It outlines the planned separation of execution and consensus in the Merge, the role of rollups in scaling, and the resulting need…
The report explains how Ethereum’s move toward modular scaling could alter who pays for block space and where protocol revenue accrues. It describes proto-danksharding’s temporary data blobs as a way to lower rollup data costs, while noting that lower fees…
This report explains how MEV-Boost changed Ethereum’s post-Merge transaction supply chain by separating block construction from block proposing. Searchers identify opportunities to profit from transaction ordering, builders assemble transactions into…
This report explains how attackers who compromised a JavaScript package maintainer’s NPM account published tainted releases that could enter projects through direct or transitive dependencies. It describes how permissive version ranges, missing or…
The document examines Binance Smart Chain’s resurgence in decentralized exchange volume and attributes much of the increase to Binance Alpha, which connects exchange users with early token access, rewards, and onchain trading. It explains how exchange…
The report tracks how the rsETH exploit affected Aave V3 Core lending markets on Ethereum. It anchors the analysis to the attacker’s approval transaction and compares activity during the first six hours with activity through the following observation window.…
The document describes how stablecoins and blockchain networks could address cross-border payment frictions, including multiple intermediaries, fragmented standards, high costs, and slow settlement. It reviews improvements in network capacity and transaction…
The article describes how Solana trading infrastructure shifted from public order books toward proprietary automated market makers and routing aggregators. It attributes the change to congestion, costly on-chain quote updates, and the risk that public quotes…
This weekly market review summarizes several stablecoin developments in June 2023. It describes a brief USDT price deviation, selling pressure that left Curve’s three-asset pool heavily weighted toward USDT, and increased USDT borrowing demand on Aave and…
This report surveys the expansion of non-stablecoin real-world assets represented on-chain in 2023, focusing on private credit, real estate, and Treasuries or other bonds. It attributes rising demand to higher traditional interest rates and weaker…