I Will Keep Buying Crypto. Crypto is in a bad state right now. | by Mohamad Hakim | Nov, 2022

I Will Keep Buying Crypto. Crypto is in a bad state right now. | by Mohamad Hakim | Nov, 2022

Crypto is in a bad state right now. Courtesy of Pexels.com LUNA’s implosion early this year was a massive blow to the crypto space, destroying any semblance of reputation crypto had. Then, FTX collapsed. This further damaged the credibility of cryptocurrencies. Institutional interests waned, and investors turned away. What is more upsetting is that an investigation following up on FTX’s collapse revealed a massive loophole in the crypto space. Sam Bankman-Fried has been running an enormous Ponzi scheme and managed to fool everyone, even top institutions like Temasek. Billions But I won’t be talking about that. Coffeezilla, Wall Street Millenial, and ColdFusion have already made great videos on the topic. I fear the future of Cryptocurrencies Bitcoin was invented as a response to the 2008… Source link

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Coffeezilla explains why the collapse of FTX “wasn’t an accident”

Coffeezilla explains why the collapse of FTX “wasn’t an accident”

The collapse of FTX has been so dramatic that Hollywood is already trying to turn it into the next Inventing Anna. After establishing itself as a Web3 pioneer, the crypto exchange fell to pieces when a look at its books revealed a large gap between its assets and its debts. Now, Sam Bankman-Fried‘s company owes investors more than $3 billion. Throughout this whole mess, Bankman-Fried has acted as if he didn’t see the collapse coming. “A few weeks ago, FTX was handling ~$10b/day of volume and billions of transfers,” the 30-year-old founder tweeted. “But there was too much leverage–more than I realized. A run on the bank and market crash exhausted liquidity.” Some of that allegedly-unforseen leverage came from Alameda Research, a firm that was also… Source link

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Coffeezilla explains why the collapse of FTX “wasn’t an accident”

Coffeezilla explains why the collapse of FTX “wasn’t an accident”

The collapse of FTX has been so dramatic that Hollywood is already trying to turn it into the next Inventing Anna. After establishing itself as a Web3 pioneer, the crypto exchange fell to pieces when a look at its books revealed a large gap between its assets and its debts. Now, Sam Bankman-Fried‘s company owes investors more than $3 billion. Throughout this whole mess, Bankman-Fried has acted as if he didn’t see the collapse coming. “A few weeks ago, FTX was handling ~$10b/day of volume and billions of transfers,” the 30-year-old founder tweeted. “But there was too much leverage–more than I realized. A run on the bank and market crash exhausted liquidity.” Some of that allegedly-unforseen leverage came from Alameda Research, a firm that was also… Source link

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The Journey to 300,000 Vulnerabilities: The Good, The Bad, and The Bizarre

The Journey to 300,000 Vulnerabilities: The Good, The Bad, and The Bizarre

Recently, our VulnDB team reached a tremendous milestone in our pursuit of best-in-class vulnerability intelligence: aggregating our 300,000th vulnerability disclosure. While that is a significant accomplishment and cause for celebration, it is also a grim reminder of what security teams face every day. Instead of constantly reminding vulnerability managers and information security teams how bad software can be, we want to showcase the sometimes weird path our research has taken us. Here are some of the most interesting and colorful vulnerability disclosures we’ve come across. Vulnerability zero: The origin story When many think about the computer security industry, they tend to believe that it is relatively young. However, it is actually over a century old! In a previous post, we… Source link

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What Twitter and Bitcoin have in common

What Twitter and Bitcoin have in common

Twitter and bitcoin share a key similarity in that their success while it lasted was just hubris. Realize that both companies were birthed by a virtual medium capable of monetizing turds if there is discoverable demand for them. Cardi B’s megahit single Wet Ass Pussy was proof of this. Twitter proffered turds in the form of members-only censorship that took delight in crapping on the Bill of Rights, particularly the First Amendment. But it took Elon Musk, with unlimited quantities of fuck-you money, to put a number on Twitter: $44 billion. Unfortunately for him, nearly all of it was for ‘good will’ that appears to have vanished. Nor is he likely to be consoled when it is discovered that the dark secret of Twitter’s overwrought ex-employees is that they can start a… Source link

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Your Weekend Plans: November 17 – November 23, 2022 | Interests

Your Weekend Plans: November 17 – November 23, 2022 | Interests

Hyperlinks to event details in our newsletter and at AKconcerts.com Or read below if you just want to know the time & place. 🎶➡️ Thursday November 17th   Bear Paw Bar & Grill – Jukebox Karaoke Roadshow  8p-11p The Broken Blender – Cellar Dweller Comedy Showcase 7:30p-11p The Carousel Lounge –  AK Rockstar Karaoke  8p-2a The Crowbar (Fairbanks) – Karaoke Night  8p-12a Fairbanks Children’s Museum (Fairbanks) – Movin’ & Groovin’   11a-12p Grace Christian School – The Somewhat True Tale of Robin Hood  7p-9p Humpy’s – Lisa Lisa & That Guy    9:30p-1:30a  Koot’s – Grace C Elliot  9p-12a Mad Myrna’s – The Rocky Horror… Source link

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Your Weekend Plans: November 17 – November 23, 2022 | Entertainment

Your Weekend Plans: November 17 – November 23, 2022 | Entertainment

Hyperlinks to event details in our newsletter and at AKconcerts.com Or read below if you just want to know the time & place. 🎶➡️ Thursday November 17th   Bear Paw Bar & Grill – Jukebox Karaoke Roadshow  8p-11p The Broken Blender – Cellar Dweller Comedy Showcase 7:30p-11p The Carousel Lounge –  AK Rockstar Karaoke  8p-2a The Crowbar (Fairbanks) – Karaoke Night  8p-12a Fairbanks Children’s Museum (Fairbanks) – Movin’ & Groovin’   11a-12p Grace Christian School – The Somewhat True Tale of Robin Hood  7p-9p Humpy’s – Lisa Lisa & That Guy    9:30p-1:30a  Koot’s – Grace C Elliot  9p-12a Mad Myrna’s – The Rocky Horror… Source link

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Your Weekend Plans: November 17 – November 23, 2022 | Music | anchoragepress.com – Anchorage Press

Your Weekend Plans: November 17 – November 23, 2022 | Music | anchoragepress.com – Anchorage Press

Or read below if you just want to know the time & place. .link-button { border-radius: 5px; border-color: #333; background-color: #C5D9E2; color:#333; width:50%; align:center; max-width: 175px; margin: 5px; } .button-text { font-family: ‘Open Sans’,Helvetica,Arial,sans-serif; color: #000000; font-size: 14px; line-height: 1.42857143; } Copy article link Source link

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Roundup: Holiday Stroll, Farmers’ Market, Bankside House …

Roundup: Holiday Stroll, Farmers’ Market, Bankside House …

A number of new retailers and restaurants have joined the Holiday Stroll. The December 3 event (5 to 7 p.m., Main Street and environs) is co-sponsored by “06880” and the Westport Downtown Association. There’s caroling, kids’ activities (and Santa!), special store deals, cocoa and nibbles, and plenty of neighborly fun. (NOTE: There’s still room for a face painter, and other kids’ stuff. If you’ve got a kids’ talent and want to help, email 06880blog@gmail.com). Meanwhile, here’s the latest list of Holiday Stroll participants: Black Bear Wines & Spirits: 15% off all wines Bobbles & Lace: Glass of wine & Bobbles Bucks ($$$ off your purchase) Bridgewater Chocolates: Complimentary chocolate tastings and hot chocolate Brooks Brothers: The entire store is 30% off all… Source link

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Fixing the rift

Fixing the rift

The baby kentrosaurus bumps the gate of the pet carrier in the back of my SUV. It thwacks its spiked tail against the sides, grunts with what’s probably hunger, but what I can’t help thinking of as concern — like it senses my growing nervousness as I navigate the long driveway to my little sister’s house. Funny how I think of her that way, even though she’s pushing 40 and a better physicist than I could ever hope to be. I used to think she squandered her potential walking away from the Probability Rift project — now I know it’s yet another example of her being the smarter sibling. Kelleigh watches me approach from her front porch, posture like she should be holding a shotgun. It’s been six years since we talked, and I don’t know what I expected,… Source link

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