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.
6 Oct 2022 4 minute read 0 comments kev_nag
“Connecticut-based advisory firm Tuttle Capital Management has submitted a preliminary prospectus filing with the United States Securities and Exchange Commission (SEC) for two new exchange-traded funds (ETFs) centered around betting against the inve...
4 Oct 2022 2 minute read 1 comment kev_nag
Stablecoin issuer Tether has nearly completely slashed its commercial paper holdings, with less than $50 million worth of commercial paper units as of Sept. 30, 2022. Tether chief technology officer Paolo Ardoino made the announcement in an Oct. 3 t...
3 Oct 2022 3 minute read 1 comment kev_nag
It is crystal clear by now that the much hyped ‘Merge’ and all the misconceptions surrounding it did nothing to mitigate the high gas fees associated with routine Ethereum transactions. Nor did the ‘Merge’ provide relief from the notoriously slow Eth...
3 Oct 2022 3 minute read 0 comments kev_nag
DOJ Objects to Celsius’ Withdrawal Plan Resuming withdrawals is a top priority for Celsius, but the company may have to wait since the U.S. Trustee Program (which regulates the management of bankruptcy proceedings) has concerns. Celsius sought app...
2 Oct 2022 1 minute read 2 comments kev_nag
“Transit Swap, a multi-chain decentralized exchange (DEX) aggregator, lost roughly $21 million after a hacker exploited an internal bug on a swap contract” [Sarkar, A. Transit Swap loses over $21M due to code bug exploit, issues apology. (Accessed Oc...
1 Oct 2022 1 minute read 1 comment kev_nag
On September 29, 2022, “United States Senator Bill Hagerty (R-TN), a member of the Senate Banking Committee, […] introduced the Digital Trading Clarity Act of 2022, which provides digital asset exchanges with a safe harbor from certain U.S. Securitie...
1 Oct 2022 3 minute read 3 comments kev_nag
“Celsius Networks, a crypto lending company that had frozen withdrawals in June and has been proceeding through Chapter 11 bankruptcy since July, asked the United States Bankruptcy Court for the Southern District of New York for permission to sell i...
29 Sep 2022 2 minute read 1 comment kev_nag
In an article published yesterday, this author gave a look into the allegations Terra’s Co-Founder, Do Kwon ‘cashed-out’ $67 Million in Bitcoin using the Luna Foundation Guard from the failing Terra/Luna/UST debacle. Said funds presently frozen by th...
28 Sep 2022 1 minute read 2 comments kev_nag
“The latest discovery in the long-drawn Terra ecosystem saga contradicts many of Do Kwon’s early claims. South Korean authorities have requested crypto exchange OKX and Kucoin to freeze 3,313 Bitcoin (BTC) reportedly tied to Do Kwon, the co-founder o...
27 Sep 2022 3 minute read 0 comments kev_nag
“In a bid to curb the rising cases of crypto theft, blockchain researchers at Stanford University have proposed a new token standard for Ethereum that would support reversible transactions” [Trajcevski, M. Researchers Propose Reversible Ethereum (ETH...
