Retired, finally. I enjoy learning about crypto and sharing my discoveries. Also, I follow the News closely and enjoy discussing current events. I have no political agenda, but advance views based in reality with a slant toward real world consequences.
23 Oct 2022 3 minute read 0 comments kev_nag
“Three Arrows Capital. Celsius. Voyager Digital. The list of crypto bankruptcies, shutdowns and trading freezes has been endless in 2022. And the year isn’t over yet. This week, German crypto bank Nuri urged its users to withdraw funds ahead of the c...
22 Oct 2022 2 minute read 0 comments kev_nag
“Crypto lender Celsius Network’s legal journey has gained another chapter as Bitcoin miner Core Scientific accused the company of refusing to pay its bills since filing for Chapter 11 bankruptcy, according to court papers filed on Oct. 19. Core Scien...
21 Oct 2022 3 minute read 0 comments kev_nag
“Do Kwon, the disgraced crypto prodigy who co-founded Terraform Labs, might soon face a vigilante brand of justice as a desperate investor has decided to put matters into his own hands and go the extra mile just to find him and seek retribution. As t...
20 Oct 2022 1 minute read 1 comment kev_nag
“According to reports, a flaw in the smart contract code for the Ethereum Alarm Clock service has been exploited, resulting in the theft of nearly $260,000 from the protocol thus far” [Sharma, R. $260K gas fees stolen following the Ethereum Alarm Clo...
20 Oct 2022 2 minute read 0 comments kev_nag
A new draft of the Digital Commodities Consumer Protection Act (DCCPA) bill has started to circulate online, with some commentary suggesting it could be positive for decentralized finance (DeFi) and crypto. A prior draft version of the bill drew hea...
19 Oct 2022 3 minute read 2 comments kev_nag
“On September 15, Ethereum successfully transitioned to the proof-of-stake (PoS) consensus mechanism. The update, widely referred to as The Merge, was one of the biggest, most-anticipated events in the cryptoverse. However, it was only the first mile...
18 Oct 2022 3 minute read 1 comment kev_nag
Fresh on the heels of last week’s news that 51% of Ethereum blocks are now OFAC compliant which translates into censorship, Buterin now comes forward telling us that solo validators who censor blocks should be tolerated. Now wait one minute - I thoug...
16 Oct 2022 2 minute read 1 comment kev_nag
“When Wintermute, a cryptocurrency market maker, lost $160 million due to a hack, concerns related to the repayment of debt worth $189.4 million surfaced. However, in an exciting turn of events, Wintermute paid back its largest debt due Oct. 15, invo...
16 Oct 2022 2 minute read 4 comments kev_nag
“One month after the Merge, 51% of Ethereum blocks were compliant with OFAC standards, according to blockchain development Labrys’ data, as MEV-Boost relays take over market share” [Pereira, A.P. 51% of Ethereum blocks are now compliant with OFAC sta...
15 Oct 2022 1 minute read 0 comments kev_nag
“The USDT issuer has faced criticisms for its exposure to commercial paper and, specifically, its alleged holdings of Chinese commercial paper” [Bourgi, S. Tether reduces commercial paper exposure to zero, replaces investments with T-Bills. (Accessed...
