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Alex Harutunian

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Alex Harutunian's Observations 514 Articles
Stablecoins   -   May 09, 2023 Who Is Behind TrueUSD?
TrueUSD logo and Justin Sun with question on the face

Amid the growth of TrueUSD stablecoin, the community is puzzled by its ongoing support from Binance. Also, rumors are spread about the project's possible connections with Tron's Justin Sun. TrueUSD says the latter is not True.

Alex Harutunian
Regulation   -   May 08, 2023 Digital Ruble is Coming
Bank of Russia logo, Russian flag, Ruble coin

The Central Bank of Russian Federation has been developing the country's first central bank digital currency – the Digital Ruble for several years. There have been announcements by authorities that it might be launched soon.

Alex Harutunian
Stablecoins   -   May 07, 2023 Tether Pushes Product Line. Gold XAUT and EURT
Logos of Tether, BitMart and MEXC Global.

Tether continues to expand the list of exchanges where users can access gold-referenced XAUT and Euro-referenced EURT. BitMart and MEXC Global exchanges have announced the listing of stablecoins.

Alex Harutunian
Blockchain   -   May 06, 2023 The Launch of the Main Sui Network, What Happened Before and After?
The Launch of the Main Sui Network, What Happened Before and After?

A new blockchain called Sui performed token distribution on Binance’s crypto crowdfunding platform. It would probably have gone unnoticed if there had not been an incident with Justin Sun.

Alex Harutunian
NFT   -   May 05, 2023 Sotheby's Launched Curated Secondary NFT Marketplace
Sotheby's Launched Curated Secondary NFT Marketplace

Sotheby's auction house expanded its NFT art offerings through the release of a curated, peer-to-peer secondary marketplace.

Alex Harutunian
DeFi   -   May 05, 2023 Helium On Solana
Helium logo, Solana logo, party poppers

The migration of the Helium project to Solana, despite a slight delay, was successful. The price of the new IOT token has rocketed by more than 600%. Nevertheless, ‘hotspot’ node operators are yet to accommodate the new rules.

Alex Harutunian
Meta   -   May 03, 2023 Zuckerberg Reaffirms Commitment to Metaverse Despite Money Loss
Zuckerberg Reaffirms Commitment to Metaverse Despite Money Loss

Meta reported a nearly $4 billion loss from its metaverse unit with Reality Labs in what was otherwise a solid first quarter for Meta that posted a final profit of $5.7 billion.

Alex Harutunian
Adoption Tools   -   May 01, 2023 Someone is Silently Draining Small Crypto Balances from Private Wallets — Crypto Whistleblower
MetaMask logo, Trust Wallet logo, Wallet with fire emoji

MetaMask partner company revealed an ongoing crypto wallet raiding scheme that resulted in more than $10 million worth of crypto stolen. Because the hackers targeted wallets with relatively small balances and activity, they managed to remain unnoticed for several months.

Alex Harutunian
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