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Alex Harutunian

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Alex Harutunian's Observations 514 Articles
Stablecoins   -   May 27, 2023 Meme-coins Displace Stablecoins from Ethereum
Pepe, Ethereum logo, USDT logo, BUSD logo, DAI logo, USDC log

Stablecoin usage has migrated outside of Ethereum due to the high transaction fees triggered by meme-coin hype. In light of this, the second-tier blockchains are now getting increased traction.

Alex Harutunian
Stablecoins   -   May 25, 2023 Terra Community Wants It Back
Terra logo, recycle sign, Terra Repeg Proposal screenshot

A year after the collapse of the Terra UST, its followers still retain hope for its revival and actively propose new schemes. Is this a new forum for innovations or a victim club?

Alex Harutunian
Stablecoins   -   May 24, 2023 Tether Bets on Bitcoin
USDT logo, Bitcoin logo

Tether has announced its new investment strategy. To strengthen and diversify reserves, the company plans to regularly buy bitcoin with realized profits.

Alex Harutunian
Adoption   -   May 24, 2023 Tether On Strike
Tether logo, Strike logo, handshake emoj

Tether and Strike money app have merged their user bases by adding USDT to the bitcoin-only platform.

Alex Harutunian
NFT   -   May 20, 2023 Assassin’s Creed Gets NFTs, Fans Not Happy
Assassin’s Creed Gets NFTs, Fans Not Happy

Ubisoft and Integral Reality Labs have partnered to create Assassin’s Creed Smart Collectibles, which are NFT access passes minted on Polygon and paired with physical collectibles inspired by the popular franchise.

Alex Harutunian
Adoption   -   May 20, 2023 Advanced Digital Asset Routing (ADAR) on SORA
Advanced Digital Asset Routing (ADAR) on SORA

Barbados-based Abed Group launches its accounts payable solution ADAR on the SORA blockchain network.

Alex Harutunian
Adoption   -   May 20, 2023 Key Crypto Founders Get Into Meme-coin Rush
Justin Sun, Charles Hoskinson, CZ PEPE

Tron’s Justin Sun and Cardano’s Charles Hoskinson use their projects’ communities to profit from meme-coin season in crypto. The head of Binance, Chanpeng Zhao, does not seem to mind the additional business either.

Alex Harutunian
DeFi   -   May 17, 2023 MakerDAO Endgame Update: AI, Rebranding and New DAOs
MakerDAO Endgame Update: AI, Rebranding and New DAOs

MakerDAO's founder, Rune Christensen, introduced the Endgame update to the community on May 11. The update's roadmap outlines five launch phases that involve the introduction of artificial intelligence (AI) tools to improve participation, resiliency, and efficiency.

Alex Harutunian
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