General Crypto

Poly Network Hack

While I was on vacation, the largest cryptocurrency hack took place, where the Poly Network was hit for over $600 million dollars in crypto, spread across three different blockchains. I figured this would be a good thing to cover in my first post back, especially since it appears it will have a relatively happy ending. One thing to make clear,…

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General Crypto

Ampleforth

The topic of today’s post is the Ampleforth (AMPL) token, a very interesting algorithmic stablecoin. It uses an interesting elastic supply mechanic as it’s method of rebasing to maintain it’s peg. There is even community governance, so it’s a pretty interesting project. For the usual disclosure, I am not a financial advisor, I don’t even work in finance at all.…

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Blockchain Technology, General Crypto

Binance Smart Chain (BSC)

For today’s post I am going to take a look at the Binance Smart Chain (BSC), a smart contract enabled blockchain that is modelled after Ethereum’s. It offers greater transaction throughput, and cheaper gas prices, but does sacrifice some things like decentralization. For the usual disclosure, I am not a financial advisor, I don’t even work in finance at all.…

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Blockchain Technology, General Crypto

The Graph

Today’s article is going to explore The Graph, which provides an indexing protocol for blockchains. It provides a way to search data that is stored in the ledger quickly, without having to rely on a centralized solution like Etherscan. For the usual disclosure, I am not a financial advisor, I don’t even work in finance at all. My day job…

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General Crypto

Vampire Attacks

The topic for today’s post is going to be vampire attacks. These are an interesting event that occurs in Decentralized Finance (DeFi) when one protocol drains liquidity from another. These are not necessarily a bad thing, but it’s definitely something to understand what is happening before you dive into one. For the usual disclosure, I am not a financial advisor,…

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