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.


Reliably Unreliable : Duh... Solana Co-founder Finally Recognizes That Outages are a 'Curse'

5 Sep 2022 3 minute read 2 comments kev_nag

The Solana (SOL) network grew fast in 2021, but in 2022 the cryptocurrency will have a much harder time. This is of course because all races have fallen heavily this year, but Solana is also struggling with a dropout. The blockchain has already fail...

Will the Ethereum Merge Create a Tax Liability? Well...maybe

5 Sep 2022 5 minute read 2 comments kev_nag

Introduction One question that should be on the minds of every holder of Ethereum is: Will there be any tax liability created as a result of the ‘merge’? However, the problem is that no one can give a definitive answer to the question until the ‘merg...

KyberSwap Hacked for $265K - Offers 15% Bounty for Return of Funds (with Update)

3 Sep 2022 5 minute read 2 comments kev_nag

“After the Curve Finance exploit last month, the decentralized exchange (DEX) KyberSwap joins the list of DeFi projects to suffer a front-end exploit. On Friday, the Kyber Network, the liquidity protocol on which KyberSwap is built, confirmed reports...

DeFi Protocol Babylon Finance Shuttered - Unable to Recover

2 Sep 2022 3 minute read 0 comments kev_nag

Babylon Finance, a DeFi asset management protocol will totally close all of it’s services on November 15, 2022, according to an August 31, 2022 announcement posted on Twitter by its founder, Ramon Recuero. Photo Source Briefly reviewing the Rari/FEI...

Mt. Gox Creditors Finally to Receive Payment from Bankruptcy Trustee

1 Sep 2022 3 minute read 0 comments kev_nag

“Mt. Gox trustee Nobuaki Kobayashi released updated information on Wednesday regarding the rehabilitation plan for creditors of the long-defunct crypto exchange. According to the file, the restriction reference period starts on September 15. During t...

Tether (USDT) Cries Foul Over Alleged Wall Street Journal 'Disinformation'

31 Aug 2022 3 minute read 1 comment kev_nag

Tether Holdings Limited has clapped back at The Wall Street Journal over an article it claims spread “false information” about the stablecoin issuer’s profitability, solvency and accounting standards. In a Monday article, the Journal claimed that Te...

U.S. F.B.I. Issues New Warning on Cybercriminal Exploits Hitting DeFi

31 Aug 2022 3 minute read 1 comment kev_nag

The United States Federal Bureau of Investigation (FBI) has issued a fresh warning for investors in decentralized finance (DeFi) platforms, which have been targeted with $1.6 billion in exploits in 2022. In a Tuesday public service announcement on t...

Arbitrum 'Nitro' Upgrade Set For Tomorrow (August 31, 2022)

30 Aug 2022 3 minute read 1 comment kev_nag

“Ethereum layer-2 scaling solution Arbitrum is set to undergo one of its most significant upgrades on Wednesday, set to increase transaction throughput, slash transaction fees and simplify cross-chain communication between Arbitrum and Ethereum. Refe...

Both Ava Labs and Ripple Deny CryptoLeaks Claims

29 Aug 2022 3 minute read 1 comment kev_nag

Introduction Crypto Leaks published a report on Friday containing a series of short videos from an unknown source. The report claimed that Ava Labs formed a secret pact with the law firm to use the American legal system ‘gangster style’ to ‘attack a...

Co-Founder Christensen Recommends Maker DAO's DAI-USD Depeg to Limit Attack Surface

28 Aug 2022 7 minute read 2 comments kev_nag

Christensen’s Argument As to Why MakerDAO DAI-USD Should Depeg Background On August 26, 2002, MakerDAO co-founder Rune Christensen published a blog entitled: The Path of Compliance and the Path of Decentralization: Why Maker has no choice but to prep...