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Alex Harutunian

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Alex Harutunian's Observations 514 Articles
CBDC   -   Jun 22, 2023 Russia Shaping its Digital Ruble: Fresh Amendments to The Pending Law
Russia Shaping its Digital Ruble: Fresh Amendments to The Pending Law

The recent fine-tuning amendments to Russia's digital ruble legislation indicate an ever-closer launch of the country's Central Bank Digital Currency (CBDC)

Alex Harutunian
Stablecoins   -   Jun 21, 2023 Tether Depeg and CoinDesk: Hostile Competition or Just a Coincidence?
Tether logo, Coindesk logo, USDT price chart

Last week Tether's USDT stablecoin suffered a brief depeg to 99 cents. The issue was potentially significant due to the surrounding circumstances.

Alex Harutunian
Ethereum   -   Jun 18, 2023 Ethereum 'Dencun' Upgrade To Make Network Cheaper Via 'Proto-danksharding'
Ethereum 'Dencun' Upgrade To Make Network Cheaper Via 'Proto-danksharding'

Ethereum developers have approved the list of improvements to be included in Ethereum's next major update. The update is expected at the end of 2023

Alex Harutunian
Digital Identity   -   Jun 16, 2023 Worldcoin Is Doing Biometric ID, AI, UBI And Other Tools For Humanity
Sam Altman, Worldcoin l

Worldcoin, World App, World ID and Tools for Humanity. After the tremendous success of OpenAI's ChatGPT, its founder Sam Altman is exploring ambitious global projects combining blockchain technology and AI.

Alex Harutunian
Lending and Borrowing   -   Jun 14, 2023 DeFi Lending Protocol Sturdy Finance Hacked Using Vulnerability in Another DeFi Project, Balancer
hacker, BlockSec's screenshot of code, Sturdy Finance l

Another DeFi lending protocol has become the victim of hackers as Sturdy Finance lost more than $760,000 worth of users' assets. Is something broken in DeFi lending?

Alex Harutunian
Stablecoins   -   Jun 10, 2023 Following US Debt Ceiling Deal, Stablecoin Issuer Circle Gets T-bills Back In the Reserves

At the end of May, when everyone was watching the U.S. debt ceiling drama, Blackrock, the manager of Circle stablecoin reserves, precautiously moved the holdings from T-bills to commercial banks. Now that the storm alert has passed, T-bills have started to appear on the balance sheets again.

Alex Harutunian
Adoption Tools   -   Jun 10, 2023 Atomic Wallet: Your Keys - Your Losses
Atomic Wallet: Your Keys - Your Losses

Over $35 million worth of user funds were lost in the recent Atomic Wallet hack, the mechanics of which is yet to be investigated. The traces of the laundered assets lead to the Lazarus group.

Alex Harutunian
Adoption Tools   -   Jun 08, 2023 Ledger Stumbled, Trezor Mumbled: Hardware Wallet Troubles
Ledger Stumbled, Trezor Mumbled: Hardware Wallet Troubles

The top hardware wallets Ledger and Trezor are among the strongest advocates for the self-custody of assets. Is absolute self-custody actually possible though?

Alex Harutunian
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