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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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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
Jul 22, 2022 A Series of Layoffs in the Industry Amid Crypto Winter
NFT marketplaces rating.

OpenSea is terminating 20% of its employees. The job cuts could be the consequences from the issues OpenSea faced, like the Customer.io…

Observers
Blockchain   -   Jul 21, 2022 Cosmosification of Ethereum
New DApps per Month chart

Reflections about the future of Ethereum based on the Meher Roy thread.

Alex Harutunian
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