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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
Jun 27, 2022 El Salvador’s President Asks For Patience As Bitcoin Sinks. But To No Avail
Bitcoin

Another Bitcoin-related tweet from El Salvador’s crypto-backing President gave rise to the next round of doubts over cryptocurrency being a…

Observers
Jun 26, 2022 Goldman Sachs Executes Its First Trade of Ether-Linked Derivative
Goldman Sachs

Less than two months ago Goldman Sachs made history by offering the first Bitcoin-backed loan. Now the Wall Street crypto pioneer continues…

Observers
NFT   -   Jun 25, 2022 What Is Wrong with Axie Infinity?
Axie Infinity

Axie Infinity rose to over 2 million daily players and a $10 billion valuation in 2021, but its economy proved unsustainable. Hyperinflation of its in-game token SLP, the $620 million Ronin hack, and a failed attempt to relaunch with new titles led to a collapse in both user base and token value

Alex Harutunian
Jun 25, 2022 Mixed Opinions on Crypto Downturn
Kevin O’Leary

The recent crypto market downturn accompanied by Terra’s collapse is still ongoing. Expectations of higher Federal Reserve interest rates…

Observers
Jun 25, 2022 The Debate Over Bitcoin In 401(k)s Gains More Participants

Adding cryptocurrency to retirement plans for US citizens gets more and more conflicting perspectives. Republicans stand against strict…

Observers
Stablecoins   -   Jun 23, 2022 Rumours Around Tether: Increased Concern About Stablecoins or a Conspiracy?

The main stablecoin has been criticized before but after the situation with TerraUSD, a tsunami of doubts and critical statements hit…

Alex Harutunian
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