How to Circumvent Impossibility Theorems in Blockchain Mechanism Design

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

Pear Protocol Goes Live With Hyperliquid Integration And Announces $4.1M Strategic Round

London, UK, July 28th, 2025/Chainwire/–Pear Protocol, the premier pair trading platform in crypto, has officially launched its native integration with Hyperliquid, unlocking seamless pair trading on top of the Hyperliquid perpetual orderbook. This launch coincides with the closing of a $4.1M strategic funding round led by Castle Island Ventures, with participation from Compound VC, Florin … Read more

UIC, MIC, and OCA Walk Into a Bar… and Break Mechanism Design

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

ChatGPT will ‘better detect’ mental distress after reports of it feeding people’s delusions

OpenAI, which is expected to launch its GPT-5 AI model this week, is making updates to ChatGPT that it says will improve the AI chatbot’s ability to detect mental or emotional distress. To do this, OpenAI is working with experts and advisory groups to improve ChatGPT’s response in these situations, allowing it to present “evidence-based … Read more