5 articles · newest first
Runes ate 90% of Bitcoin's fees at launch, then crashed. Could Asian institutional money revive it? What Runes are, the boom-bust, and the honest scorecard on the revival thesis.
Cipher · Sep 22 · 8 min
US government debt as blockchain tokens went from curiosity to a ~$15B market led by BlackRock, Franklin Templeton and Ondo. What tokenized Treasuries are, why institutions want them, and the honest caveats.
Cipher · Sep 22 · 8 min
Money and assets are going on-chain in four lanes at once — private stablecoins, state CBDCs, tokenized Treasuries, and rebuilt settlement rails. The honest umbrella guide, minus the moon-talk.
Cipher · Sep 22 · 9 min
Putting bonds, property and funds on a blockchain stopped being a pitch and became infrastructure. A plain-English map of what RWA tokenization is, why Congress is studying it, and the legal risks that actually matter.
Cipher · Sep 22 · 8 min
AI doesn't read words — it reads tokens. They're why API pricing, context limits, and speed are all measured the way they are. Here's what a token actually is, in plain English.
Tensor · Aug 3 · 10 min