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Alex Harutunian

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Alex Harutunian's Observations 514 Articles
CBDC   -   Aug 27, 2023 Australia Central Bank Publishes Findings Of Its Digital Dollar Research Project
Australia Central Bank Publishes Findings Of Its Digital Dollar Research Project

The Australian Central Bank Digital Currency Pilot was focused on exploring potential use cases with an aim to define the 'public policy rationale' for it. Four key themes were identified.

Alex Harutunian
Adoption Tools   -   Aug 18, 2023 Prime Trust Files for Bankruptcy After Crypto Custody Fail
Prime Trust crypto custody keys lost bankrupt Nevada court

Crypto custodian holding hundreds of millions of clients' digital assets goes bankrupt as a result of crypto key mismanagement. As often happens in the crypto world, the story may continue to develop.

Alex Harutunian
Adoption   -   Aug 13, 2023 Real World Assets On Blockchain: Study of ABS in China
Real World Assets On Blockchain: Study of ABS in China

Asset-Backed Securities are among the most likely candidates for moving onto the blockchain. An empirical study reveals significant benefits from using the technology.

Alex Harutunian
Soramitsu   -   Aug 09, 2023 Blockchain Firm Soramitsu Plans Asia-wide Digital Payment Network
Soramitsu Vivit Tama Asia Bakong

Soramitsu plans to connect its Cambodia-based RTGS system, Bakong, to its cross-chain stablecoin exchange, creating a pan-Asian transfer and payment network.

Alex Harutunian
Stablecoins   -   Aug 05, 2023 Tether Stablecoin Consolidated Reserves Report - 2023-Q2
Tether USDT BDO CRR report

Tether published its quarterly reserve report. The company has built up reserves but added little to the overall transparency.

Alex Harutunian
DEX   -   Aug 01, 2023 Curve Finance Hack Exposes Ongoing Structural Issues In DeFi
Curve Hack 2023 50 mln

Automatic crypto exchange Curve was hacked and $50 million stolen. DeFi markets are experiencing massive volatility.

Alex Harutunian
Stablecoins   -   Jul 26, 2023 Ethena Manifests Arthur Hayes’s Concept of a Bitcoin-based Stablecoin
Ethena Manifests Arthur Hayes’s Concept of a Bitcoin-based Stablecoin

Startup Ethena picked up on the crypto visionary's idea for a stablecoin that is fully collateralized, yet independent of the traditional financial system. The project has already received funding and onboarded a motivated team.

Alex Harutunian
Coindesk   -   Jul 21, 2023 CoinDesk Set For Change of Ownership as DCG Finds $125 Million Buyer
CoinDesk Set For Change of Ownership as DCG Finds $125 Million Buyer

One of the leading crypto industry news media platforms is reportedly on the brink of changing ownership.

Alex Harutunian
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