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Alex Harutunian

Number of Articles 537
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Alex Harutunian's Latest Observations
Alex Harutunian's Observations 537 Articles
NFT   -   Dec 23, 2022 Yuga Labs is Facing a Lawsuit for Conspiring with Celebrities
Yuga Labs is Facing a Lawsuit for Conspiring with Celebrities

Yuga Labs is facing a class action lawsuit over misleading endorsements of NFTs by celebrities. The court filing stated that Yuga Labs secretly paid the celebrities to promote Bored Ape NFTs through MoonPay company.

Alex Harutunian
NFT   -   Dec 22, 2022 Trump’s NFT Collection: Prices Surge, Then Hit the Floor
Trump’s NFT Collection: Prices Surge, Then Hit the Floor

Former US President Donald Trump’s NFT trading card collection sold out in a weekend after its release. But then metrics went down and the hype around the project began to fade.

Alex Harutunian
Bitcoin   -   Dec 21, 2022 False Satoshi Wins £1. Causes £900,000 Damage
Screenshot of McCormack podcast about Craig Wright

The U.K. court has ruled that crypto podcaster Peter McCormack should pay Craig Wright, the Australian scientist who claims to be Bitcoin inventor Satoshi Nakamoto, around 900,000 British pounds (USD $1.1 million) in costs following their legal battle.

Alex Harutunian
NFT   -   Dec 21, 2022 UPD: Apple to Allow Third-party App Stores in Compliance with New EU Laws
UPD: Apple to Allow Third-party App Stores in Compliance with New EU Laws

Crypto app developers can rejoice now as the new EU laws will force Apple to permit alternative app stores and apps without the need to go through its own App Store.

Alex Harutunian
CBDC   -   Dec 21, 2022 Project Garuda. Indonesia Joins the CBDC Club
Illustration from Indonesian CBDC paper

On November 30, right after G20 Summit in Indonesia, the Central Bank of the country presented the "Garuda Project" - a road map for the development and implementation of CBDC in the national economy.

Alex Harutunian
Bridge   -   Dec 21, 2022 The Сollapse of Alameda Affected the Ren Protocol
The Сollapse of Alameda Affected the Ren Protocol

Ren Protocol warned its users about the risk of losing funds due to the shutdown of the Ren 1.0 version protocol. The shutdown was caused by funding problems due to the collapse of Alameda.

Alex Harutunian
Stablecoins   -   Dec 21, 2022 Hong Kong Monetary Authority on Crypto Crush Spillover and Stablecoins
Hong Kong Monetary Authority on Crypto Crush Spillover and Stablecoins

The Hong Kong Monetary Authority has published a study indicating stablecoins not only transmit but also magnify crypto volatility effects on traditional financial markets.

Alex Harutunian
Lending   -   Dec 20, 2022 Lodestar Finance Became a Victim of Another Hacker Attack
Lodestar logo

Lodestar Finance has been subjected to a hacker attack. The attacker manipulated the oracle and was able to steal several million dollars.

Alex Harutunian
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