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Alex Harutunian

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Alex Harutunian's Observations 514 Articles
Staking   -   Jul 16, 2023 EigenLayer - Not Just Another Staking Derivative
Eigenlayer

EigenLayer, the Ethereum-based protocol introducing restaking as a new cryptoeconomic security primitive, has made significant strides with its mainnet launch and subsequent success.

Alex Harutunian
Regulation   -   Jul 15, 2023 LBRY: Free Speech, Crypto, And Other Sins
LBRY: Free Speech, Crypto, And Other Sins

The LBRY project for free media on the blockchain has lost its appeal against the U.S. SEC. There were concerns that the court ruling may have set a precedent for larger crypto disputes by the SEC.

Alex Harutunian
DeFi   -   Jul 09, 2023 Pendle Rides the Liquid Staking Derivatives Wave Up the DeFi Ranks
Pendle DeFi logo

Pendle's liquid staking protocol, which allows the leveraging of the returns on staked investment, sees significant growth due to the unlocking of staked ether.

Alex Harutunian
Stablecoins   -   Jul 08, 2023 Reserve Protocol: A Refreshing Approach to Stablecoin Design
Reserve Protocol

Reserve Protocol, founded in 2018, is experimenting with decentralized asset-referencing tokens (stablecoins). With a relatively low market cap, it already has a significant transaction base in emerging markets.

Alex Harutunian
Polygon   -   Jul 02, 2023 Polygon Team Ramps Up the Hype with Unveiling of Plans for Version 2.0
polygon 2.0

Amid the U.S. SEC's crackdown on its native token, Polygon is intensifying the development of its network. Polygon 2.0 promises a universal value network based on interconnected L2 chains, utilizing zero-knowledge proof technology.

Alex Harutunian
Regulation   -   Jul 02, 2023 S Korea Regulates VASPs: Punishment for Loss or Manipulation of Funds
S Korea Regulates VASPs: Punishment for Loss or Manipulation of Funds

Korean lawmakers have passed a law that sets the rules for virtual asset operators in the country. Claimed by the authors to be ‘essential’ rather than ‘holistic’, the law consolidates all drafts pending in parliament and reflects international regulatory trends.

Alex Harutunian
Stablecoins   -   Jun 28, 2023 Decentralized Stablecoins Return: DeFi Veterans Launch Improved Tokens
crvUSD, GHO, SORA TBCD

DeFi projects Curve, Aave and SORA extend their offerings with native stablecoins. All non-custodial by design, these stablecoins are introducing many innovative features.

Alex Harutunian
Ethereum   -   Jun 25, 2023 Ethereum Devs Propose Raising Validator Stake Limit to Gain Performance
Ethereum Devs Propose Raising Validator Stake Limit to Gain Performance

The Ethereum community is discussing lifting the current 32ETH cap on the validator stake. The authors of the proposal claim that the decentralization measure does not work.

Alex Harutunian
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