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.
3 Aug 2022 3 minute read 0 comments kev_nag
Today, August 2, 2022, the New York Department of Financial Services (NYDFS) announced a substantial penalty on "Robinhood’s cryptocurrency arm for alleged violations related to anti-money laundering, cybersecurity and consumer protection laws" [Wrig...
2 Aug 2022 1 minute read 2 comments kev_nag
At 10:00 ET yesterday I partook in my bi-weekly (or so) ritual of opening my end of season chests. Lately to be honest, they have sucked so I wasn’t as hyped as I’d been in the past. But boy oh boy, was I in for a surprise. I will tell you this much...
1 Aug 2022 2 minute read 0 comments kev_nag
New York Attorney General Letitia James today issued an investor alert urging any New Yorker deceived or affected by the cryptocurrency crash to contact her office […] ‘The recent turbulence and significant losses in the cryptocurrency market...
1 Aug 2022 3 minute read 0 comments kev_nag
“zkEVM Rollups, a new scaling solution for Ethereum, will allow the smart contract protocol to outpace Visa in terms of transaction throughput, said Polygon co-founder Mihailo Bjelic in a recent interview with Cointelegraph” [Castrovilli, M. Ethereum...
30 Jul 2022 3 minute read 4 comments kev_nag
“According to Senator Pat Tomey, famous for his vocal support for the crypto industry, the United States Securities and Exchange Commission (SEC) could have prevented the loss of $12 billion in assets by investors who trusted Celsius, a crypto lendin...
30 Jul 2022 3 minute read 2 comments kev_nag
Solana-based algorithmic stablecoin NIRV has become the latest stablecoin to fail after dropping 85% from its United States dollar peg following a hack on adaptive yield protocol Nirvana Finance on Wednesday. The flash loan attack, which also saw Ni...
29 Jul 2022 6 minute read 3 comments kev_nag
[To put lipstick on a Pig means “making superficial or cosmetic changes to a product in a futile effort to disguise its fundamental failings” [Wikipedia. Lipstick on a pig. (Accessed July 28, 2022)]. If it walks like a duck and quacks like a duck, it...
28 Jul 2022 2 minute read 1 comment kev_nag
On July 20, 2022, Zipmex paused withdrawals on it’s platform: Photo Source Now, fast forward to yesterday, July 27, 2022, “Thai cryptocurrency exchange Zipmex said that its solicitors in Singapore, Morgan Lewis Stamford LLC, filed five applications u...
27 Jul 2022 2 minute read 3 comments kev_nag
To refresh your recollection, in June 2022 Harmony’s Horizon Bridge was exploited for approximately $100 Million halting all Bridge activities [see, e.g. Nagoda, K. BREAKING NEWS: Harmony Blockchain’s ‘Horizon Bridge’ Hacked for $100 Million. (Access...
26 Jul 2022 2 minute read 0 comments kev_nag
Wow. Khal and his team sure have been busy working hard to deliver innovative and profitable DeFi solutions for the benefit of the Leo Finance Community and beyond. Just when you think you saw it all with the introduction of staking for PolyCUB, they...
