Research
Research
Ethereum arbitrage study reveals builders receive $5 for every $1 burned by the network
Bitquery's 30-day sample separates trading proceeds from ETH supply reduction, while builders' onward payments leave final profit shares unresolved.
Lending
DeFi lender proposes bad-debt fix, but user USDC funds remain locked
Anthias projects lower monthly debt accrual under unchanged market conditions, while reserve transfers and supplier cash access remain unverified.
Analysis
Solana beats Bitcoin on one key metric, but a single software bug could still take down the network
A live reading is already 18, showing why institutions need more than one decentralization metric.
Regulation
Australia cancels registration of crypto provider GetCoins following customer scam complaints
The annual tally spans remittance and virtual asset providers, while AUSTRAC says GetCoins was allegedly exploited by investment scams.
Privacy
Ethereum’s privacy push hits a numbers problem: one proof needs nearly twice the proposed gas allowance
An open Frames change would allow extra validation work at individual nodes, while studied privacy proofs still exceed its shared 100,000-gas allowance.
Lending
XRP lending model leaves depositors with 90% of a bad loan’s loss despite reserves twice its size
With the same reserve and cover rates, one modeled default leaves 90,000 tokens of vault loss; ten smaller loans leave 4,500.
Payments
Solana’s “million-payments-a-second” AI system can leave sellers unpaid even after they deliver
Behind the million-per-second benchmark, operator failure tests who funds customer recovery and whether merchants can still collect their final bill.
Technology
Ethereum may have a simpler way to ease the computing burden of its growing rollup ecosystem
A reduced RowDAS design shares reconstruction duties in 1,000-node tests, while retaining reliance on high-custody nodes.
Hacks
Tokens created out of thin air may explain how $320 million in Bitcoin left the Liquid sidechain
Technical accounts describe how unbacked L-BTC allegedly passed security checks, while a reported split between nodes raises questions about federation software deployment.
Derivatives
Hyperliquid tests allowlists that let operators restrict access to their own markets
HIP-3* adds venue-scoped controls without changing existing permissionless markets.
Stablecoins
CZ’s Kyrgyzstan visit highlights why state backing cannot guarantee a stablecoin exit
CZ praised KGST on September 5; the separate USDKG project limits direct redemption to institutions, and its issuer has faced UK sanctions since May.
Governance
Three DeFi projects face possible exclusion from future Arbitrum DAO programs
Good Entry, Limitless and APX Finance could face separate off-chain ban votes, but the combined figure is not one repayable balance.