Thoughts, news and views on cryptocurrencies
23 Feb 2020 1 minute read 1 comment beachbummer
On 14th Feb, I wrote an article giving a quick explanation on Blockchain Oracles. On 18th Feb, bZx suffered a second attack that resulted in a USD 630k loss, and the cause was probably an Oracle manipulation. Following is a quick explanation on how t...
17 Feb 2020 3 minute read 1 comment beachbummer
If you are not familiar with blockchain and the cryptocurrency community, the first thing you are going to notice is that "build" is spelt wrong in the headline. Within the community, there are many common intentional mispellings, such as "hodl", "sa...
14 Feb 2020 1 minute read 1 comment beachbummer
The Oxford definition of an "oracle" is "a priest or priestess acting as a medium through whom advice or prophecy was sought from the gods in classical antiquity." So what's the connection between oracles and smart contracts? If we take a basic smart...
17 Jan 2020 1 minute read 0 comments beachbummer
SouthXchange, a cryptocurrency exchange based in Argentina, has been down for about 6 hours with no updates from the team, save for one tweet (https://twitter.com/southxchange/status/1217993145545302016) I hope this is just a run-of-the-mill system...
30 Dec 2019 1 minute read 0 comments beachbummer
At time of writing, Graviex is under attack by a bot-net after receiving a ransom note and they have not recovered yet. However, Graviex has announced on twitter that funds are safe and have not been compromised. Seems like a DDOS attack rather than...
27 Dec 2019 1 minute read 2 comments beachbummer
The Google ban-hammer first struck cryptocurrency-related YouTube channels but they have now moved on the Play Store where they have banned Metamask! Google cited a Play Store policy of not allowing cryptocurrency mining apps, but this is something t...
21 Oct 2019 1 minute read 4 comments beachbummer
Decided to write this as an article to expand on a comment I wrote somewhere else. There has been quite a lot of buzz over blockchain games where there is the premise that the items within the game can never be nerfed or buffed due to the the items b...
20 Oct 2019 1 minute read 2 comments beachbummer
I originally wrote an article back in August earlier in the year where I introduced the concept of passive income. Binance had just announced that they were enabling staking on their platform and that users did not need to anything other than leaving...
30 Sep 2019 1 minute read 2 comments beachbummer
Binance just made a surprising announcement that they will be removing trading for BTT/BTC pair on their exchange! While this does not count as a delisting because the BTT/TRX pair will still be available, the liquidity for that is even worse than BT...
30 Sep 2019 1 minute read 1 comment beachbummer
Calvin Ayre, one of the strongest supporters for BSV, has claimed that Binance will be shut down in 12 months due to illegal practises. However, this claim should be taken with a tablespoon of salt as BSV was publicly spurned by Binance, which led to...
