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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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CBDC   -   Oct 20, 2022 SWIFT Experiments With CBDC. Model 2
SWIFT blueprint report on CBDC with legacy security token device

SWIFT completes another phase of its CBDC trials. The focus is on cross-border settlements between different CBDCs. The conclusion so far is that their existing systems can handle it.

Alex Harutunian
Adoption   -   Oct 18, 2022 Plan B: Pay Crypto for Your Big Mac in Lugano
McDonalds Lugano Switzerland. Source: Wikimedia

The global fast food chain McDonald’s has started accepting BTC and USDT in the Swiss town of Lugano which aims to become a “European Bitcoin Capital”.

Sasha Markevich
Exchanges   -   Oct 18, 2022 Huobi Global Sold
Logos of Huobi Global and About Capital Management HK

Crypto exchange Huobi Global founder Leon Li sold his 60% share in the company to About Capital Management HK.

Sasha Markevich
Litigation   -   Oct 18, 2022 Celsius. Is Withdrawal Blocked for Everyone? Traditional Judicial Practice Does Not Cope with Crypto
Celsius logo on the background of the courtroom.

Netizens points out that Alex Mashinsky withdraws funds from his wallets while Celsius users are unable to move their funds due to blocking. All this is happening during the trial, as a result of which personal data and transactions of Celsius users have become publicly available.

Alex Harutunian
SEGA   -   Oct 18, 2022 SEGA Partners with Double Jump. Tokyo to Create Three Kingdoms Blockchain Game
SEGA partners with double jump.tokyo and Oasys to create a new blockchain game

Recently, the game developer ’double jump.tokyo’, announced its partnership with SEGA and Oasys blockchain as part of plans to create a new blockchain game based on SEGA’s Japanese series – Sangokushi Taisen (Three Kingdoms).

Alex Harutunian
Update   -   Oct 18, 2022 UPD: OpenSea to Allow Users to Submit Bulk NFT Listings and Purchases

On October 5, OpenSea NFT marketplace announced on Twitter that it is now officially allowing users to list and purchase up to 30 digital collectible items in a single flow.

Alex Harutunian
Stablecoins   -   Oct 17, 2022 Tether. The Goal Has Been Achieved
Coins with the Tether logo

Tether has completely gotten rid of commercial papers, replacing them with U.S. Treasury Bills (T-Bills).

Alex Harutunian
Adoption   -   Oct 17, 2022 Malaysia Will Have Its Own National Blockchain System
Malaysia. Source: tagesschau.de

MYEG's Zetrix Blockchain announced that they will develop and operate the national layer 1 public blockchain as a part of the Malaysia Blockchain Infrastructure. Two companies, MYEG, a concessionaire for the Malaysia Electronic-Government ("E-Government") MSC Flagship Application, and MIMOS Technology Solutions, focused on generating

Observers
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