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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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Latest Articles View All
CBDC   -   Sep 30, 2022 The Future Monetary System From BIS
BIS Future Monetary System metaphor tree from the annual economic report

BIS devoted one third of its 2022 Annual Economic Report for the discussion of the Future Monetary System. In their vision, Central Banks will have the core role, adopting innovations of DLT, leading and supervising the ecosystem of banks, PSP and other participants.

Alex Harutunian
Interesting Money   -   Sep 29, 2022 How Facebook Failed to Change the World
Prof. Dahlia Malkhi, former Chief Technology Officer at the Diem Association

Once upon a time one big private company came up with an idea of reinventing money and changing the financial world. It failed. Prof. Dahlia Malkhi, who was working on Facebook's unified digital currency Diem (previously Libra), explained why in an interview with Calcalist.

Observers
Regulation   -   Sep 29, 2022 SEC vs. Ripple. What and When to Expect?
Ripple and SEC logos are seen behind the court case documents

Both, SEC and Ripple filed motions for summary judgment – meaning each side declares that they have arguments that can win the case without a trial. XRP price reacted positively but are there any grounds?

Alex Harutunian
Adoption   -   Sep 28, 2022 Japanese Companies Will Be Able To Pay Salaries Via Apps
PayPay use case. Source: asia.nikkei.com

Just about two weeks ago the Labour Policy Council discussed paying digital salaries to workers instead of traditional cash through bank accounts. Despite the fact that Japanese law permits only cash payments for salaries, businesses are allowed to use accounts at financial institution as recipients of the salary. Now that

Observers
Web3   -   Sep 28, 2022 Urbit Back Again?
Urbit Assembly in Miami. Source: Twitter

Long time no see: Urbit, an ambitious project of “fixing” the internet that started in 2013 - a decade ago! - could be coming back to the spotlight.

Sasha Markevich
Stablecoins   -   Sep 27, 2022 Details of the Upcoming Launch of Curve's Own Stablecoin and What the Community Suggests
Source: TheNewsCrypto

The Curve developers have posted a JavaScript library on the web, which should help when launching their own stable coin, the Curve stable coin - crvUSD.

Alex Harutunian
IPO/ICO   -   Sep 27, 2022 Bitcoin Depot Goes Public
Bitcoin Depot Goes Public via merge with SPAC GSR II Meteora

Bitcoin Depot, a crypto ATM company confirmed its plan to go public.

Sasha Markevich
CBDC   -   Sep 27, 2022 Amazon is in a Group Selected by European Central Bank to Design the Digital Euro
Digital Euro

The European Central Bank chose five entities, including US internet behemoth Amazon, to prototype the frontend of digital euro project. The work will not be remunerated.

Alex Harutunian
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