Mathematical Proofs for Truthful Rebate Mechanisms (TFRM)

Table of Links Abstract and 1. Introduction Related Work Preliminaries 3.1 TFMs: Desirable Properties 3.2 Groves’ Redistribution Mechanism (RM) IDEAL-TFRM: Impossibility of Achieving Strictly Positive Redistribution Index Transaction Fee Redistribution Mechanism (TFRM) R-TFRM: A TFRM Robust to Miner Manipulation 6.1 R-TFRM: Analyzing Impact of Miner Manipulation on Rebate and Miner Revenue R2-TFRM: Robust and Rational … Read more

Robinhood, Kraken-Backed Global Dollar (USDG) Comes to Europe

Global Dollar (USDG), a stablecoin issued by regulated fintech Paxos, and backed by a consortium of heavy hitters that includes Robinhood, Kraken and Mastercard, is being made available to consumers across the European Union, according to a press release on Tuesday. USDG is regulated by Europe’s Markets in Crypto-Assets (MiCA), the Finnish Financial Supervisory Authority … Read more

How a College Student Built Software Behind Chicago’s Michelin-starred Restaurant

UChicago student Wes Kim helped a mushroom vendor supplying Michelin-starred restaurants automate inventory using AI—after a farmer’s market meeting. What started as a school project evolved into a real-world solution, saving hours of manual work and proving tech’s power in overlooked industries. Now he’s tackling healthcare automation next.

XRP, TRX, DOGE Lead Majors With Positive Funding Rates as Bitcoin’s Traditionally Weak Quarter Begins

A key metric called perpetual funding rates is signaling bullishness for top altcoins as bitcoin (BTC) kicks off the traditionally weak third quarter quarter with flat price action. Funding rates, charged by exchanges every eight hours, refer to the cost of holding bullish long or bearish short positions in the perpetual (perps) futures (with no … Read more

Asia Morning Briefing: Are Distributed Compute Tokens Undervalued vs. CoreWeave (CRWV)?

Tech investors love to pay for potential. GameFi tokens, with sky-high valuations divorced from current user numbers or revenues, embody this optimism perfectly — as CoinDesk investigated in 2022, Decentraland’s then billion-dollar market cap didn’t quite match the number of active players on the platform. But, surprisingly, distributed compute tokens don’t seem to enjoy the … Read more