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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
Oracles   -   Oct 25, 2025 Crowd-Sourced Truth from Prediction Markets
Illustration of a crowd observing or pointing toward a shared goal, symbolizing the collective discovery of truth through prediction markets

From Polymarket’s stripped-down design to Kalshi’s regulatory breakthrough, prediction markets are turning collective opinion into a financial asset class — and a new battleground over who defines truth

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
Mining   -   Sep 16, 2025 Bribing the Chain: How Qubic Shook Monero
Bribing the Chain: How Qubic Shook Monero

Monero, the leading privacy coin, suffered an 18-block reorg after Qubic consolidated large mining power. Debate rages: Qubic claims 51% control; Monero devs deny widescale damage. Exchanges raised confirmations. The episode shows PoW chains can be threatened by economic incentives

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

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
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Latest Articles View All
Jul 26, 2022 Coinbase Seem to Struggle But Try to Play It Cool

Current market downturn strongly destabilises crypto exchanges positions. Problems vary from regulation issues to liquidity shortages. Even…

Observers
Ethereum   -   Jul 26, 2022 The Merge is Approaching (Again)
 Goerli-prater merge projections.

The Merge — the complete transition of Ethereum to Proof-of-Stake — will happen very soon. We present you the latest news on this process.

Alex Harutunian
Regulation   -   Jul 25, 2022 US Commodity Trade Regulator In Lummis-Gillibrand Crypto Bill
Senators Cynthia Lummis (left) and Kirsten Gillibrand (right). Source: Valerie Plesch, Bloomberg

Senators Cynthia Lummis (Republican) and Kirsten Gillibrand (Democrat) proposed a bill to regulate crypto. A large part of amendments of this 69-page document expands the jurisdiction of Commodity Futures Trading Commission (CFTC) over digital assets.

Alex Harutunian
Jul 24, 2022 Now You Can Be Served Via NFT
Photo by José Martín Ramírez Carrasco.

A UK judge has granted permission to deliver a court notice using a blockchain ledger by NFT — marking for the first time in the country…

Observers
Stablecoins   -   Jul 24, 2022 For the First Time Circle Shared with the Community A Breakdown of USDC Reserves

On June 30, Circle provided a financial report according to which USDC reserves amounted to $55.7 billion. Of these, $42.12 billion were US…

Alex Harutunian
Exchanges   -   Jul 24, 2022 Spanish Exchange Bit2Me to Conquer the World
Bit2Me logo. Source: bit2me.com

Bit2Me, the largest Spanish exchange, has been doing great lately despite the current crypto market downturn.

Observers
Stablecoins   -   Jul 22, 2022 Tether and Dai, The Work of Stablecoins During the General Crisis
Cryptocurrency Prices

Stablecoin Tether continues to get rid of commercial securities, following its plan. And Maker DAO redistributes the reserves of the stable…

Alex Harutunian
Economy   -   Jul 22, 2022 Inflation and BTC. Cause-and-Effect Relationships.

During the last two years the US government has printed a substantial amount of dollars to help the economy during the pandemic and the value of BTC soared. Now the FED is trying to tame growing inflation by raising interest rates and the value of BTC is falling. How is this connected?

Sasha Markevich
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