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.


Both Tron's USDD and Tether USDT Suffer Depegs from the USD

11 Nov 2022 3 minute read 8 comments kev_nag

Amid all the turmoil in the crypto markets caused by the ongoing FTX debacle, in recent days, both Tron’s USDD and iFinex Inc’s USDT lost their respective US Dollar pegs. First it was Tron’s USDD that lost it’s peg starting on November 8, 2022. A rev...

ConsenSys Adds Interoperability Enhancement with New Metamask Tools

10 Nov 2022 2 minute read 1 comment kev_nag

ConsenSys, a major blockchain software technology concern, continues advancing it’s work for the expansion of interoperability within the blockchain. On November 9, 2022, ConsenSys announced the introduction of new tools for it’s widely used Metamask...

Shanghai Upgrade Will Cut Gas Fees for Certain Key Participants on the Ethereum Network

9 Nov 2022 2 minute read 0 comments kev_nag

Well gang, the ‘Merge’ has been successfully completed, but the job of this Ethereum upgrade is far from over. Next up, the Shanghai stage - a much anticipated event that will usher in the implementation for chain withdrawal of the pre-merge Ethereum...

Buterin Announces Modification of Ethereum Upgrade Roadmap - New Phase Added

8 Nov 2022 3 minute read 2 comments kev_nag

  On November 5, 2022, Vitalik Buterin, one of the original co-founders of Ethereum, took to Twitter to announce an updated version of the ongoing Ethereum upgrade. In his announcement, he explains that the updated roadmap adds more tangible mileston...

Tackling the Issue of Complete Ethereum Censorship with My Morning Coffee

6 Nov 2022 4 minute read 1 comment kev_nag

Introduction As of late (well since ‘The Merge’) there is a mounting hoopla surrounding whether or not Ethereum’s transformation to a PoS consensus protocol makes it susceptible to being a 100% censored blockchain. As I sit here this morning sipping...

Circle (USDC) Commences Pouring Money into it's New Reserve Fund ... Managed by Blackrock

5 Nov 2022 3 minute read 0 comments kev_nag

CIRCLE INTERNET FINANCE PUBLIC LIMITED COMPANY (hereinafter 'Circle) is better known as being the issuing entity of the USDC stablecoin. According to Circle: Circle is a global financial technology company helping money move at internet speed. Our m...

THORChain is Close to Initiating it's L 1 Savings Vaults

4 Nov 2022 4 minute read 4 comments kev_nag

Photo Source On November 1, 2022, THORChain nodes began the ceremonial vote for the addition of ‘THORChain Savings Vaults’ to the protocol’s list of offerings. To approve the addition, 2/3rds of the THORChain nodes must signal their support for said...

DApps Now Able to Recoup the Millions Lost to MEV Using OEV Enabled Oracles

4 Nov 2022 2 minute read 1 comment kev_nag

Oracle extractable value (hereinafter OEV) references those oracles which utilize their position to extract the value that in their absence would run to the benefit of third parties. The oracles in question are capable of either extracting the value...

MiCA Closes In on Final Approval and Adoption - Beware Crypto Influencers !

3 Nov 2022 2 minute read 0 comments kev_nag

Having been approved by the the European Parliament’s Committee on Economic and Monetary Affairs on October 10, 2022, the Markets in Crypto Assets regulation [MiCA] is one step closer to adoption [See, e.g. Givan, K. MiCA bill contains clear warning...

LND Nodes Within Lightning Network Suffers Second Critical Bug This Month

2 Nov 2022 2 minute read 3 comments kev_nag

Bitcoin Lightning Network is a Layer-2 solution to the Bitcoin blockchain. The addition of this Network allows transactions between parties to be processed off-chain. The basic effect of this is to remove multiple micro-transactions from Bitcoin’s ma...