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.
22 Nov 2022 2 minute read 9 comments kev_nag
According to a Bloomberg report, cryptocurrency lending company Genesis, suspended services in its lending arm on November 16, 2022 and spent the whole of last weekend in an unsuccessful attempt to raise funds. [See, e.g.Beyoud, L., Hajrik, V. and Sh...
22 Nov 2022 1 minute read 1 comment kev_nag
In an interim bankruptcy court report made public November 19, 2022, independent examiner Shoba Pillay made several striking observations relative to the former operations of the now defunct Celsius Network. By virtue of this report we have learned t...
20 Nov 2022 2 minute read 0 comments kev_nag
As initially reported by The Sunday Times, Brad Garlinghouse, Ripple CEO, revealed that Ripple might be interested in acquiring certain of the assets of the now defunct and bankrupt FTX exchange. [See, e.g. Nimmo, J. Crypto giant Ripple eyes deals fo...
19 Nov 2022 1 minute read 0 comments kev_nag
Even though the FTX collapse headlines the crypto news, South Korean authorities step up to remind us of the Terra debacle. That’s right, the South Korean authorities are still working to bring closure to the mess the Terra collapse left in its wake....
18 Nov 2022 1 minute read 3 comments kev_nag
As of November 9, 2022, the annual supply rate of Ethereum fell below the zero mark for the first time and the post-merge adoption of a proof of stake consensus mechanism. [See, e.g. Gola, Y. Ethereum turns deflationary for the first time since the M...
17 Nov 2022 4 minute read 1 comment kev_nag
In the sporting world, POOF, suddenly the FTX Logo was appearing everywhere. From the marquis of sports venues, to the hoods of F-1 cars, hell, even to the patches sewn upon MLB Umpires uniforms, FTX was permeating sport. Even big name sporting perso...
17 Nov 2022 2 minute read 1 comment kev_nag
Close to 4000 messages from U.S. residents have been sent to CryptoLaws Connect to Congress application demanding an investigation into SEC Chair Gary Gensler’s actions in the ongoing FTX fraud plus what the contents of his talks with SBF were before...
14 Nov 2022 2 minute read 6 comments kev_nag
The bears are circling Crypyto.com in a prevalent manner. A simple glance at the seven day price chart for CRO amply shows this 20+% drop in that period: Photo Source As of now, November 14, 2022 at 07:01 ET CRO is priced by CoinMarketCap at $0.07115...
12 Nov 2022 1 minute read 1 comment kev_nag
Nighttime on November 11, 2022, millions of dollars worth of cryptocurrencies were moved from wallets linked to embattled FTX in the absence of any official notice. This peaked the interest of many and sparked speculation that ranged from the initial...
11 Nov 2022 2 minute read 0 comments kev_nag
So…this week has brought us the announcement by FTX CEO Sam Bankman-Fried (hereinafter ‘SBF’) that oops, his exchange is experiencing ‘liquidity crunches’. And then, thereafter, fessing up that FTX and SBF founded Alameda Research comingled customer...
