New Research Podcast With Frodobots and More.
Deadline Delay - US lawmakers delay timeline for crypto legislation. Shedding Coins - BlackRock's Bitcoin fund sheds $420M as ETF losing streak hits $3 billion. Strings Attached - IMF approves El Salvador's $1.4B loan but imposes bitcoin restrictions. |
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The race for decentralized physical AI is on—and it's starting with real-world robots.
In our latest episode of Fully Diluted, we sit down with Michael Choe (Frobots) and Jonathan Victor (Bit Robot) to explore how crypto-powered robotics is solving the toughest AI challenges, from data collection to model validation.
Watch the full discussion now on Youtube, Spotify, or Apple. |
Messari Quarterly Reports |
Messari's protocol reports give you a deep dive on the foundation and state of top crypto protocols, including key metrics and notable events. See the complete list of protocol reports here and get a preview of our latest report below. |
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| The TRON Builders League is an incubator program created to support and drive the growth of our most committed builders on the TRON blockchain.Participants have the opportunity to access up to $10,000,000 in funding here. |
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The Ring of Gyges in Crypto: Testing Plato's Moral Dilemma |
By: Mohamed Allam Plato's Ring of Gyges presents a simple question: If you could act without consequences—if no one could see or punish you—would you still choose to be moral? It's a thought experiment that has existed for centuries, but crypto has turned it into something we can actually observe in real-time. Anonymity in the past was mostly theoretical—an idea explored in philosophy, fiction, and hypothetical debates. But in crypto, it's real. The past few months alone have seen thousands of memecoins launch, many of them designed purely to extract liquidity from naive retail traders. The result? Over $500 million lost to rug pulls and scams in 2024, according to Merkle Science (via CoinDesk). The most effective of these scams weren't even technical exploits—they were pure social engineering, using fake personas and celebrity impersonations to manipulate people into buying worthless tokens. So, what does this say about where crypto is headed? Some argue that fraud and manipulation are just part of the game—if you get scammed, that's on you. But if that logic applied everywhere, why do scammers outside of crypto get arrested? Why does financial crime in traditional markets lead to fines, prison time, or lifetime bans? The answer is simple: stability requires consequences. Without some form of accountability, the industry remains a lawless zone, driving away serious participants and making long-term growth impossible. Of course, there's no magic fix. Scammers will always exist, and crypto was never meant to be a system of top-down control. But the current environment—where bad actors operate with zero consequences—can't be the long-term status quo. The noise needs to be filtered out, and whether that comes from internal industry standards, reputation-based systems, or smarter on-chain accountability, something has to change. People may forget these cycles, but history doesn't. The equities market in the mid-to-late 1900s was a free-for-all—pump-and-dump, insider trading, and market manipulation. It was only through clear enforcement and structural improvements that it matured into what it is today. Crypto is at that same turning point. If it's going to survive, it needs to clean itself up. | |
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