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Tokenization   -   Oct 09, 2026 Tokenization for Everything: Where Did We Actually Get?
Tokenization for Everything: Where Did We Actually Get?

Tokenization was supposed to disrupt global capital markets, but it ended in an unexpected compromise: permissionless rails carrying permissioned finance. A deep dive into SEC equity rules, European wholesale settlement, and why crypto’s plumbing is being absorbed to reinforce legacy finance.

Alex Harutunian
Oracles   -   Feb 28, 2026 Reputation Is Not Static. It Can Be Shorted On Ethos
Ethos reputations

Ethos turns credibility into an on-chain market. By blending XP-based participation, capital-backed vouching, and invite-bonded trust graphs, it attempts to price reputation itself. One year in, the experiment reveals both the promise—and the fragility—of financializing trust in crypto

Alex Harutunian
Blockchain   -   Feb 03, 2026 What Vitalik Buterin Wants To Change In Ethereum
Vitalik Buterin Ethereum improvement simplicity

Vitalik Buterin’s recent posts reflect a shift from idealistic decentralization toward pragmatic system design. Rather than rejecting Ethereum’s core principles, he questions where complexity, governance, and the current development path fail under real-world constraints.

Alex Harutunian
L1   -   Jan 14, 2026 Hyperliquid’s Vertical Evolution
Hyperliquid's vertically integrated ambition

Hyperliquid is evolving from a perp DEX into a vertically integrated financial stack. By launching its own L1, native stablecoin, and spot markets, it prioritizes market fit over ideology. Started on Arbitrum, its roadmap reveals a larger ambition: to become the global base layer for all trading.

Alex Harutunian
Layer1   -   Oct 16, 2025 Conflux: Blockchain Development Behind the Wall — and Beyond
Conflux: China’s State-Backed Bridge to the Blockchain World

While crypto remains banned, China’s state-backed blockchain ecosystem — led by Conflux — is expanding across Asia and into global finance. Conflux Network bridges China’s academic research, state strategy, and open blockchain innovation.

Alex Harutunian
Tokenization for Everything: Where Did We Actually Get?
Tokenization   -   Oct 09, 2026 Tokenization for Everything: Where Did We Actually Get?

Tokenization was supposed to disrupt global capital markets, but it ended in an unexpected compromise: permissionless rails carrying permissioned finance. A deep dive into SEC equity rules, European wholesale settlement, and why crypto’s plumbing is being absorbed to reinforce legacy finance.

Alex Harutunian
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Exchanges   -   Mar 12, 2025 Abu Dhabi’s MGX Invests $2 Billion in Binance
Abu Dhabi’s MGX Invests $2 Billion in Binance

According to the press release, this is the most significant investment into a crypto company, the largest investment paid in crypto (stablecoin), and the first institutional investment in Binance.

Rebecca Denton
Newsletters   -   Mar 09, 2025 Sunday Review 09/03/2025
Sunday Review 09/03/2025

Happy Sunday, Observers! The summit that leads from “asset light” to “asset heavy” feels more like a roller coaster than ever. With President Trump at the helm, calling and firing what sometimes feels like rather random shots, markets are losing it. The White House’s announcement that it would establish

Eva Senzaj Pauram
Regulation   -   Mar 09, 2025 The First Crypto Summit in the White House
Crypto summit in the white house

The White House Digital Asset Summit on March 7, 2025, saw President Trump unveil a U.S. Bitcoin Reserve, while attendees praised the administration's industry-friendly shift. No plans for altcoin purchases were announced, and stablecoins received little attention.

Rebecca Denton
Regulation   -   Mar 07, 2025 Texas Bitcoin Reserve Bill Advances With State Senate Approval
Texas Senate

Hot on the heels of Trump's executive order establishing a federal Bitcoin reserve, Texas passes Senate Bill 21, establishing a state-managed reserve.

Rebecca Denton
Tokenization   -   Mar 07, 2025 Coinbase Reignites Plan to Tokenize $COIN Stock Amid Evolving Regulations
Coinbase Reignites Plan to Tokenize $COIN Stock Amid Evolving Regulations

Since the SEC's creation of a new crypto task force and shifting regulatory sentiment Coinbase looks to reignite tokenization of its $COIN stock and other securities.

Rebecca Denton
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