Things of note and other interesting stuff

Things of note and other interesting stuff

Here I will post things I find interesting that may or may not have a connection between them. Well other then I find the topic interesting. =)


75% of all Ethereum nodes just broke, is the Merge in jeopardy?

24 Aug 2022 1 minute read 4 comments Patch

It looks like Ethereum has had a pretty major speedbump as Geth nodes on the test nets act up. The developers on Ethereum are so lucky they do not have any major events coming up in the near future. Wait, what? What's that now? The Merge, no never he...

Ethereum just showed us a glimpse of the future for mining after the Merge

23 Aug 2022 4 minute read 5 comments Patch

Last week the DAG size of Ethereum got to over 5GB in size. Meaning that GPUs or ASICs with 5GB of memory would no longer be able to mine Ethereum. In practice, this had no effect on GPU mining, but it did have a fairly substantial effect on the Asic...

FTX shows growth over 1000%, should investors be worried (probably yes)?

21 Aug 2022 3 minute read 12 comments Patch

Leaked documents show the tremendous growth the trading platform FTS has had in 2020-2021. This growth was in both their operating income, which showed the biggest growth, as well as their revenue. Leaked documents show crazy growth The leaked docum...

Bloodbath last Friday as $551 million in trades get liquidated in 24 hours

20 Aug 2022 2 minute read 18 comments Patch

This past Friday was a virtual bloodbath. People were longing in, refreshing their browsers looking to sell as fast as humanly possible. Or at least that is the image I saw in my mind when reading the news. Monthlong rally cut short While there wher...

Scams are down 15% the first 6 months

19 Aug 2022 1 minute read 6 comments Patch

I guess not everything is bad when it comes to Bear Markets. This was a nice bit of news that was shown in a new report recently published by Chainalysis. In it, they go through the different types of illicit activity, like scams, hacks, and the dark...

Do Kwon speaks for the first time since the UST LUNA crash

17 Aug 2022 1 minute read 11 comments Patch

After the Luna crash Do Kwon has pretty much kept himself to himself. And I think most people can relate to that decision. But now it appears he has poked his head out and made the first interview. When and where The interview looks to be a series o...

Tornado Cash gets banned in the US and one of its developers gets arrested in the Netherland, but why?

17 Aug 2022 6 minute read 38 comments Patch

Tornado Cash was banned on August 9th in the US and on August 12th a Duch man was arrested suspected of being one of the site's developers. But why was all this done and what exactly is Tornado Cash? Let us try and see if we can figure this out. Pri...

Celebrities endorsing NFTs and crypto projects might be breaking the law

16 Aug 2022 1 minute read 10 comments Patch

It is looking like more and more people and organizations are getting fed up with celebrities pushing NFTs and cryptos and not disclosing their involvement with the companies. Truth in Advertising or TINA.org is the latest to sour on celebrities The...

Miners want to fork Ethereum so they can keep mining, is it a good idea?

15 Aug 2022 3 minute read 19 comments Patch

As the Merge is fast approaching a lot of the miners have become a bit antsy as the future of GPU mining is pretty much up in the air at this point. To be more precise, GPU mining is not going away, but it might need to scale back a bit as there is m...

Ethereum consensus layer is constantly under attack, F2Pool have been doing this for the last 2 years

14 Aug 2022 4 minute read 18 comments Patch

The BIS report that came out earlier this year highlighters some alarming problems regarding mining, and how miners could exploit their position and first-hand information to manipulate the market. It was theorized that 1 in 30 blocks mined was manip...