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Alex Harutunian

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Alex Harutunian's Observations 541 Articles
DeFi   -   Nov 10, 2022 Noir: New Zero-Knowledge Proof Language by Aztec Network
noir

Aztec Network introduces a new zero-knowledge proof language – Noir. How does it work and what are its features? Let’sfindout.

Alex Harutunian
Exchanges   -   Nov 09, 2022 FTX, Alameda. Binance
Screenshot of Coinmarketcap page amid FTX Alameda Binance saga

We present the timeline of events surrounding Alameda's $14.6 billion assets and the mysteries behind their ties with FTX and how Binance stepped into the game.

Alex Harutunian
Update   -   Nov 09, 2022 UPD: Tether accuses Bloomberg of spreading disinformation

At the end of October, Bloomberg, citing its sources, published an article stating that a new investigative team is taking over looking into the alleged fraud of the Tether leadership. Tether's reaction followed very quickly. In a message on the official website, the company accused Bloomberg of lying

Alex Harutunian
Litigation   -   Nov 09, 2022 New Charges and an Appearance on the Air. Do Kwon
New Charges and an Appearance on the Air. Do Kwon

According to the Korean Broadcasting System (KBS), the South Korean prosecutor's office has received evidence of price manipulation of the collapsed stablecoin by Do Kwon. Against the background of these events, Kwon appears live on Twitch.

Alex Harutunian
Regulation   -   Nov 08, 2022 LBRY's Unfortunate Odyssey
A screenshot from LBRY Odysee platform with LBRY logo

The blockchain project LBRY that is developing “decentralized” Youtube, Odysee, lost the court case against SEC. Observers see a precedent for the Ripple case.

Alex Harutunian
Decentralized stablecoins   -   Nov 08, 2022 Stablecoin USN as an Example of How you Can Collapse a Small Project Without Harming the Company and Users
Coins NEAR and the inscription closed

NEAR Foundation will help to safely stop the operation of a stable USN coin. The project ceases its operations due to insufficient provision of stablecoin and high risks.

Alex Harutunian
Stablecoins   -   Nov 08, 2022 Huobi and HUSD, What's New?
A phone with the Huobi logo and graph on the screen.

At the end of October, Huobi announced the exclusion of the HUSD stablecoin from its listing, after which the stablecoin quickly began to lose its peg to the dollar. The exchange's headquarters will also be relocated to the Bahamas.

Alex Harutunian
Stablecoins   -   Nov 03, 2022 Tether Announced the Launch of Pear Credit
Tether Announced the Launch of Pear Credit

Together with Holepunch and Synonym, Tether will launch a P2P сredit system, Pear Credit, in 2023.

Alex Harutunian
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