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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
Coins and tokens   -   Nov 25, 2025 The Crypto Seesaw: One Move, Everyone Falls
The Crypto Seesaw: One Move, Everyone Falls

Triggered by a routine macro shock, crypto once again unraveled faster than any other market. Not because of sentiment alone, but because CEX risk engines, DEX liquidation incentives, and always-on leverage turn small moves into cascading stress.

Alex Harutunian
Lending and Borrowing   -   Oct 03, 2025 DeFi’s Role in Future Banking: Root System or Branch Office?
DeFi’s Role in Future Banking: Root System or Branch Office

DeFi is moving from standalone apps into the backend of exchanges, with Coinbase and Crypto.com leading by embedding Morpho’s lending vaults. This “embedded DeFi” model raises a key question: are exchanges becoming banks, or just UIs? The answer will define DeFi’s role in future banking.

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

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
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Exchanges   -   Nov 13, 2022 Binance and Iran. What’s Up?
Binance Global Head of Sanctions Chagri Poyraz blog post cover with Iranian flag and "banned" sign

Reuters recently [again] accused Binance of processing transactions from Iran worth over $8 billion despite U.S. sanctions. And this is not for the first time.

Sasha Markevich
Regulation   -   Nov 13, 2022 Issuers of Circle and Paxos Stablecoins Have Received Licenses From the Monetary Authority of Singapore (MAS)
 PAXOS and Circle logos against Singapore landscape

Circle and Paxos can now officially conduct transactions with their stablecoins, as well as other digital payment tokens in Singapore.

Alex Harutunian
Bridges and Interoperability   -   Nov 12, 2022 The Story About How Vigilance Saved Money or Why It Is Necessary to Listen to the Community
The Story About How Vigilance Saved Money or Why It Is Necessary to Listen to the Community

A Twitter user found an exploit in the BitBTC bridge. But, the developers ignored the user's requests until someone started using the exploit.

Alex Harutunian
Stablecoins   -   Nov 12, 2022 Zoom in on Stablecoins
Stablecoin logos Tether, USD Coin, Binance USD, DAI

This year was an eventful year in the world of crypto. In particular, the collapsed Terra and FTX crisis affected the entire crypto market, and again attracted the attention of regulators to crypto and stablecoins. Stablecoins are valued for their technological features, while, at the same time, maintaining a stable

Alex Harutunian
Stablecoins   -   Nov 11, 2022 Stablecoins React to FTX Crisis
Stablecoin Logos

Major stablecoins reacted to FTX saga by temporarily losing their peg. No major losses so far.

Alex Harutunian
Stablecoins   -   Nov 11, 2022 Circle Will Launch Its Own Euro Stablecoin on Solana in 2023
Circle Will Launch Its Own Euro Stablecoin on Solana in 2023

The euro-backed stablecoin will launch on Solana in the first half of 2023, Circle reported.

Alex Harutunian
CBDC   -   Nov 11, 2022 China Expands Digital Yuan Project
China map with Digital Yuan (e-CNY) adoption phases

China expands the e-CNY trials across four more provinces: Sichuan, Guangdong, Jiangsu, and Hebei. One of the first CBDCs in the world, China’s e-CNY is also showing great adoption rates.

Alex Harutunian
Update   -   Nov 10, 2022 UPD: Did Celsius Operate a Ponzi Scheme?

On the first of November, the next meeting on the Celsius bankruptcy case took place. The key note of this meeting was a decree from a Federal judge to conduct an investigation, which would show whether Celsius worked under a Ponzi scheme. The request for an investigation was the result

Alex Harutunian
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