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Alex Harutunian

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Alex Harutunian's Observations 539 Articles
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
Ethereum   -   Apr 30, 2023 Ethereum Staking Can Reveal Your IP Address
Ethereum logo, IP, alar

According to Ethereum expert, ETH staking can reveal sensitive information about the staker. Bankless podcast discussed what comes after Ethereum Shapella upgrade.

Alex Harutunian
Binance   -   Apr 29, 2023 It's 4, Not 28B. Binance's CZ Denies His Net Worth Estimate by Bloomberg
It's 4, Not 28B. Binance's CZ Denies His Net Worth Estimate by Bloomberg

Changpeng Zhao of Binance has denied Bloomberg’s latest estimate of his wealth at $28.2 billion, adding: “Numbers all wrong”

Alex Harutunian
NFT   -   Apr 29, 2023 UPD: Trump Dropped More NFTs
UPD: Trump Dropped More NFTs

In hope to repeat the first success in the NFT field, Donald Trump recently launched a second batch of digital trading cards featuring him in even more absurd settings.

Alex Harutunian
Regulation   -   Apr 28, 2023 How is Crypto Reported on Companies' Books
How is Crypto Reported on Companies' Books

Crypto assets are a new and complicated category for accountants. Clear accounting and reporting guidelines are one of the signs of a mature industry. Currently, it is difficult to call US GAAP and IFRS guidance on crypto-assets comprehensive, but the work is ongoing.

Alex Harutunian
Lending   -   Apr 28, 2023 Hundred Finance Hacked for $7 million
Hundred Finance and Optimism logos

Multi-chain lending protocol Hundred Finance has been hacked. The hacker drained the protocol by manipulating the loan-to-collateral security mechanism.

Alex Harutunian
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