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.
26 Sep 2022 3 minute read 2 comments kev_nag
Rotem Hemo, Director of Product Management and a member of the founding team at Algorand, in a September 7, 2022 blog described Algorand State Proofs as follows: State Proofs are lightweight, cryptographically provable, portable proofs of Algorand s...
23 Sep 2022 2 minute read 2 comments kev_nag
“Bitcoin (BTC) mining hosting firm Compute North has filed for chapter 11 bankruptcy amid growing pressure on the firm due to the effects of crypto winter and rising energy costs. The firm’s CEO Dave Perrill has also stepped down but will remain on t...
22 Sep 2022 3 minute read 1 comment kev_nag
Most crypto investors probably never heard of Wintermute Trading before the Sept. 20 $160 million hack, but that does not reduce their significance within the cryptocurrency ecosystem. The London-based algorithmic trading and crypto lending firm als...
21 Sep 2022 2 minute read 1 comment kev_nag
“Tether, which is owned by the same company as crypto exchange Bitfinex, has been ordered to release “general ledgers, balance sheets, income statements, cash-flow statements, and profit and loss statements” in addition to information about the timin...
21 Sep 2022 2 minute read 1 comment kev_nag
Legislation to regulate stablecoins that’s being drafted in the House would place a two-year ban on coins similar to TerraUSD, the algorithmic stablecoin that collapsed earlier this year. Under the latest version of the bill, it would be illegal to...
20 Sep 2022 8 minute read 2 comments kev_nag
Looking at the instances happening around the crypto space are enough to create skepticism regarding the intentions of the government. Why’s that? Well, the list is long, some are worth mentioning though. Take the Tornado Cash sanction for instance....
19 Sep 2022 2 minute read 1 comment kev_nag
"ETHPoW is the proof-of work blockchain that was forked from Ethereum that went live shortly after Ethereum’s transition to proof-of-stake (PoS) last week, has fallen victim to a replay exploit that resulted in an extra 200 ETHW tokens being siphoned...
18 Sep 2022 5 minute read 2 comments kev_nag
It’s time to look at the numbers folks ! Photo Source A market intelligence platform, Santiment, provides both on-chain and social metrics for more than 2,000 cryptocurrencies. “Santiment’s analysis shows that 46.15% of Ethereum PoS nodes are control...
17 Sep 2022 3 minute read 2 comments kev_nag
“Following Ethereum’s transition from proof-of-work (PoW) to proof-of-stake (PoW) roughly five different crypto assets were the main beneficiaries of Ethereum’s former hashrate. However, 24 hours after The Merge, anonymous developers launched an Ethe...
16 Sep 2022 2 minute read 0 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 it...
