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Alex Harutunian

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Alex Harutunian's Observations 541 Articles
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
DeFi   -   Dec 18, 2022 ZELF Has a Visa Card with Crypto Assets. But, You Can't Get It
ZELF Has a Visa Card with Crypto Assets. But, You Can't Get It

The new VISA debit card from ZELF allows users to use various crypto assets. But, it is impossible to get it now.

Alex Harutunian
Web3   -   Dec 18, 2022 Shibuya, an NFT Video Platform, Raises $6.9M in Seed Round
Shibuya, an NFT Video Platform, Raises $6.9M in Seed Round

Artist Emily “pplpleasr” Yang co-founded the NFT platform Shibuya, which has garnered $6.9 million in seed funding backed by heavyweights Andreessen Horowitz and Variant Fund.

Alex Harutunian
Update   -   Dec 17, 2022 UPD: Presumably the Elusive Do Kwon is in Serbia

South Korean news agency Yonhap reported that Do Kwon, who has been on the international wanted list on INTERPOL for several months now, maybe staying in Serbia.

Alex Harutunian
NFT   -   Dec 17, 2022 Chinese Court Recognises NFTs as Virtual Property Protected by Law
Chinese Court Recognises NFTs as Virtual Property Protected by Law

A Chinese court has found that NFTs share the same characteristics of property, such as value, scarcity, disposability, and tradability. Hence NFTs should have the same protections as physical property under Chinese law.

Alex Harutunian
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