kev_nag
kev_nag

kev_nag

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.


Mr. Gensler is Wrong - Ethereum PoS 'IS NOT' a Security

14 Oct 2022 11 minute read 0 comments kev_nag

General Information In a 2018 speech, William Hinman, the former director of the SEC’s Division of Corporation Finance, stated: Based on my understanding of the present state of Ether, the Ethereum network and its decentralized structure, current of...

First Shots Fired By Grayscale in BTC ETF Denial Against the US Securities and Exchange Commission

13 Oct 2022 4 minute read 0 comments kev_nag

Preliminary Matters Digital asset manager Grayscale has filed its opening brief against the United States Securities Exchange Commission (SEC) to challenge its decision denying Grayscale’s application to convert the Grayscale Bitcoin Trust (GBTC) to...

Getting the Best of Both Worlds (Bitcoin and Ethereum) with Ergo Crypto

12 Oct 2022 7 minute read 0 comments kev_nag

Introduction When discussing cryptocurrencies, one must take into consideration which blockchains have the potential to be resilient and promote longevity. A blockchain must grow in its technological development on a consistent basis in order to s...

Solana's Mango Markets Treasury Drained of Over $100 Million of Cryptocurrencies

12 Oct 2022 1 minute read 1 comment kev_nag

“Mango Markets was victim to the latest exploit this week, as crypto cannot seem to escape an absolutely abhorrent Tuesday. Two exploits less than one day apart – and less than a week after the BNB Chain exploit that utilized a bridge to create milli...

zkKYC : The Key to AML/CTF Compliance While Maintaining User Privacy

11 Oct 2022 3 minute read 0 comments kev_nag

“As the Web3 industry matures, Zero-knowledge Know Your Customer (zkKYC) is becoming more widely discussed as a means to comply with strict financial regulations while maintaining user privacy, according to the partner of a venture capital firm” [Cog...

What's DeSo All About Anyway? (Musk's and Dorsey's Dream of Decentralized Social Media?)

10 Oct 2022 6 minute read 2 comments kev_nag

Today, social media is even more centralized than the financial industry was prior to the creation of Bitcoin. A handful of private companies effectively control public discourse, and earn monopoly profits off of content that they don’t even create....

Luna Foundation Guard Says Its Unable to Distribute Remaining Assets

9 Oct 2022 3 minute read 3 comments kev_nag

The Luna Foundation Guard, or LFG, a fund focused on the Terra ecosystem, has said it cannot provide a timeline to distribute assets to users following stablecoin TerraUSD depegging from the United States dollar. In an Oct. 7 Twitter thread, LFG cit...

Mt. Gox: Creditors One Step Closer to Repayment

8 Oct 2022 3 minute read 3 comments kev_nag

Creditors of the now defunct Mt. Gox Bitcoin Exchange may be one step closer to realizing the repayment of funds. According to an Oct. 6 announcement from Mt. Gox trustee Nobuaki Kobayashi, creditors have until Jan. 10 to select a repayment method a...

No Surprise - Court Docs Show Celsius Execs Withdrew Millions Prior to the Halt.

7 Oct 2022 2 minute read 1 comment kev_nag

The Celsius bankruptcy filing in the U.S Court remains a controversial issue in the industry. Over 4 months the issue is still proceeding in the Court finding many other related documents to the case. Now the Court reveals the transactional data wit...

**BREAKING** BNB Halted Due To 'Potential Exploit'

7 Oct 2022 1 minute read 1 comment kev_nag

First this was tweeted: Photo Source Then some 16 minutes thereafter this was tweeted: Photo Source “Rumors had swirled on Twitter that the network had undergone a significant hack, with on-chain analytics showing alleged attackers exploiting roughly...