Tag:smart contract

Bancor releases smart contract security hole, hacks self, only loses a few hundred thousand dollars of user funds

“20. Bancor reimplemented math.”
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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.
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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.'”
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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.
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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.
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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.
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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.
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News: NiceHash, credit cards cut off cryptos, Ethereum predictable “random” numbers, deanonymising Tor, Bail Bloc

With nice writeups of my book and related books.
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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.”
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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.
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