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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
Stablecoins   -   Aug 02, 2025 Native USDC and CCTP V2 Are Coming to Hyperliquid

Circle’s decision to bring native USDC to Hyperliquid underscores the chain’s rise as an institutional-grade DeFi hub, while advancing its strategy to make USDC the default stablecoin — trusted, redeemable, and seamlessly transferable across chains

Alex Harutunian
Month in Money   -   Aug 01, 2025 Month in Money 08/2025

BTC whale sells 24k BTC flash crash wipes longs. ETH hits new ATH above 4 900. Asia’s wealthy investors raise crypto allocations. Gemini files S-1 and secures MiCA EU license. Ether threatens 600 B market-cap, GENIUS Act stablecoin framework live. Metamask to issue its native mUSD stablecoin.

Observers
Adoption   -   Jul 29, 2025 Mastercard In The Priceless World Of Crypto
Mastercard blockchain crypto 2025

Mastercard’s crypto strategy has shifted from flashy announcements to practical integrations like Swapper Finance, enabling direct crypto purchases on DEXs. Yet, real-world traction for earlier initiatives like MTN or Crypto Credential remains limited, highlighting challenges of legacy adoption

Alex Harutunian
Stablecoins   -   Jul 28, 2025 Global Dollar: A New Playbook for Launching Stablecoins
Global Dollar USDG

Global Dollar’s stablecoin USDG is growing fast—thanks to a new model where partners like Robinhood, OKX, and Mastercard earn a share of reserve yields. With over 25 institutions onboard and market cap surpassing $329M, USDG is quietly building a powerful global distribution network

Sasha Markevich
TON   -   Jul 23, 2025 TON Takes Shape: Builders Arrive, Value Still on the Way
Active construction on TOn blockchain

IIn 2025, TON deepened its Telegram integration, expanded its ecosystem with new DeFi projects, and upgraded its core infrastructure. While user activity rebounded strongly—reversing the shock of 2024—capital inflow lagged behind, highlighting a network rich in scale but still maturing in value

Alex Harutunian
AI   -   Jul 22, 2025 How Sahara AI Is Bringing AI Development On-Chain
How Sahara AI Is Bringing AI Development On-Chain

By building an open ecosystem, the project lowers the barrier to join the AI economy, whether you’re launching new models or curating datasets. Yet it's unclear if token rewards alone can sustain quality, coordination, and long-term innovation in such a decentralized development model

Alexander Mardar
Ethereum   -   Jul 19, 2025 Ethereum's Green Wave: Is the Wait Finally Over?
ETH Ethereum rising in green waves

Ethereum is showing signs of a true resurgence—from price momentum to rising stablecoin volumes and corporate adoption. With fundamentals aligning and sentiment shifting, the coming months could be pivotal. We’ll continue tracking the key trends shaping ETH’s evolving role in the crypto economy

Sasha Markevich
CBDC   -   Jul 17, 2025 Will Central Banks' Money Fly?
Cbdc on permissioned infrastructure

As central banks build digital currencies with tight control, they abandon the core innovation of blockchain—permissionless design. While CBDCs favor private ledgers, the U.S. turns to stablecoins running on public rails, balancing decentralization, oversight, and market-driven innovation.

Alex Harutunian
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