Bancor releases smart contract security hole, hacks self, only loses a few hundred thousand dollars of user funds
“20. Bancor reimplemented math.”
Tag: smart contract
The dForce and Hegic DeFi exploits, and why Smart Contracts are bad
The problem with DeFi is not the technology, though that’s bad too — it’s that people are greedy and foolish.
News: IOTA blackmail, Coinbase banking and lawsuit, ezBtc vanishes, Ross Ulbricht appeal fails, Wright motion denied, Butterfly Labs, TimiHealth
“I mean at a certain point as a lawyer you have to have a one word conversation with your client — ‘no.'”
News: Civil ripped off its journalists, Bitfinex untethers Tether, working at Trezor, Amazon Managed Blockchain
Any company that tries to pay your wages in company scrip — rather than actual money — should be treated as fraudulent trash.
The Australian National Blockchain: centralised IBM “smart contracts” for lawyers — with no code yet, only concept
“A giant shared but segmented database, with the word ‘blockchain’ stuck on it.” All on the IBM Cloud.
News: SEC vs crypto hedge fund, Garza sentenced, post-bubble office vacancies, EOS hack, ICOs sell off 238k ETH, David Chaum
And first reports back from the Coinsbank Crypto Cruise.
Smart contracts, stupid humans: new major Ethereum ERC-20 token bugs BatchOverflow and ProxyOverflow
Smart contracts are fundamentally bad software engineering, part 666 in a never-ending series.
News: NiceHash, credit cards cut off cryptos, Ethereum predictable “random” numbers, deanonymising Tor, Bail Bloc
With nice writeups of my book and related books.
News: NiceHash pay out, smart contracts, Australian banks, Coinbase vs Ripple, Meltdown vs cryptos, Dungeon World
“Unfortunately the horrible Charlie Brooker future we’re living in is Nathan Barley not Black Mirror.”
Why you can’t cash out pt 3: Bitcoin is not a Ponzi scheme! It just works like one
“A fish bowl with no food in it that fish keep jumping into because they heard it’s an all-you-can-eat buffet. And for the meanest fish, it is.” Why most Bitcoin on-paper “wealth” can never be realised.