Bitcoin Treasury Firm Semler Scientific Still Has 3X Upside: Benchmark

Semler Scientific (SMLR) is trading just above the market value of its bitcoin holdings, with a market NAV (mNAV) of 1.04, highlighting what broker Benchmark calls a significant valuation disconnect. Markets, argued analyst Mark Palmer following the company’s second quarter earnings yesterday, are giving “virtually no credit for [Semler’s] ample room to use ‘intelligent leverage’ … Read more

Online shopping is full of copycats

Let’s be real: the internet is full of a lot of the same stuff. From derivative content on social media to websites that all look the same, what was once a portal to new worlds and experiences has been feeling a bit dry recently, like I’ve seen all this stuff before. And now, even the … Read more

Aptos-Backed Decibel Unveils On-Chain Trading Platform With CEX Speed

Decibel, an on-chain trading protocol, started operations on the Aptos devnet, combining spot trading, perpetual futures and yield strategies into a single interface. The test environment, invite-only for now, offers simulated access to cross-margin trading, composable vaults and high-speed order execution. The system is designed to mimic centralized exchange performance while preserving the transparency of … Read more

BounceBit Adds Franklin Templeton Tokenized Fund for Treasury-Backed Yield Strategies

BounceBit, a crypto infrastructure provider that combines features of centralized and decentralized finance (CeDeFi), is bringing Franklin Templeton’s tokenized money market fund into its structured yield platform BB Prime, combining U.S. Treasury yields with crypto funding and basis arbitrage strategies. The tokenized fund, which belongs to the suite of BENJI products, will serve as a … Read more

Why Your Auction Mechanism Might Be Vulnerable to Collusion

Table of Links Abstract and 1. Introduction 1.1 Our Contributions 1.2 TFM Incentive-Compatibility Notions: A Cheat Sheet Definitions 2.1 Transaction Fee Mechanism 2.2 Incentive Compatibility Notions Preliminary: Myerson’s Lemma Warmup: Impossibility of UIC + MIC + Global SCP for Deterministic Mechanisms Impossibility of UIC + MIC + Global SCP for Randomized Mechanisms and 5.1 Proof … Read more

Microsoft’s Windows XP Crocs are no joke

The Windows XP Crocs. | Image: Microsoft Microsoft isn’t done celebrating its 50th anniversary just yet. Multiple employees tell me that Microsoft has created limited edition Windows XP-themed Crocs. They even come with a Clippy shoe charm if the Bliss wallpaper on your feet wasn’t enough 50-year nostalgia. The anniversary edition Crocs are currently available … Read more

Amazon is bringing its Starlink alternative to Australia next year

Amazon says it will offer several Project Kuiper terminal models, but pricing hasn’t yet been announced. Amazon’s unproven Project Kuiper satellites will be put to work next year, supplying internet access to rural Australians. The retail giant announced an agreement with Australia’s state-owned National Broadband Network Company (NBN Co) on Tuesday to provide satellite internet … Read more

Learning About Threads: An Essential Guide for Developers

Process vs Threads, Hardware Threads vs Software Threads, Hyperthreading In today’s world of high-performance and responsive software, concurrency is no longer a luxury — it’s a necessity. Whether you’re building a real-time trading engine, a game engine, or a simple web server, understanding how to execute tasks in parallel can dramatically improve performance and user … Read more

How Bidding Rule Metadata Could Reinvent Blockchain Incentives

Table of Links Abstract and 1. Introduction 1.1 Our Contributions 1.2 TFM Incentive-Compatibility Notions: A Cheat Sheet Definitions 2.1 Transaction Fee Mechanism 2.2 Incentive Compatibility Notions Preliminary: Myerson’s Lemma Warmup: Impossibility of UIC + MIC + Global SCP for Deterministic Mechanisms Impossibility of UIC + MIC + Global SCP for Randomized Mechanisms and 5.1 Proof … Read more