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Alexander Mardar

Alexander Mardar's Observations 229 Articles
Markets   -   Dec 20, 2023 Hegic Accused of Insider Trading After WHITE Token Buyback
Hegic Accused of Insider Trading After WHITE Token Buyback

Hegic’s recent buyback has sparked insider trading suspicions, especially as the protocol profited in the millions. The situation is complicated by the pseudonymity of Hegic’s founder and the unconventional structure of the protocol.

Alexander Mardar
Blockchain   -   Dec 18, 2023 Ordinal Inscriptions Spread to EVM Chains, Clogging Multiple Networks
Ordinal Inscriptions Spread to EVM Chains, Clogging Multiple Networks

EVM chains, once known for their efficiency, are now grappling with a surge in network load and gas prices due to the rapid spread of ordinal inscriptions.

Alexander Mardar
Metamask   -   Dec 17, 2023 Rainbow Wallet ‘Fox Hunt’ Designed to Entice Metamask Users
Rainbow Wallet ‘Fox Hunt’ Designed to Entice Metamask Users

Rainbow Wallet incentivizes users to switch from Metamask with a unique points system, potentially leading to token airdrop. The campaign has already seen a surge in user numbers, jumping from 400k to over 6.3 million.

Alexander Mardar
DeFi   -   Dec 17, 2023 Yearn.finance Reaches Out to 'Lucky Traders' After $1.4M Treasury Loss
Yearn.finance Reaches Out to 'Lucky Traders' After $1.4M Treasury Loss

Yearn is actively seeking the return of $1.4 million lost after a multisig script error. Users’ funds have remained unaffected by this incident.

Alexander Mardar
Ethereum   -   Dec 14, 2023 Ethereum Enters Deflationary Phase Due to Increased On-Chain Activity
Ethereum issue and burn compared deflationary phase

Ethereum’s supply has dipped to a new low since the Shanghai upgrade, fueled by a surge in market and on-chain activities. Over $58 million in ETH has been burned recently, indicating a strong deflationary trend within the network.

Alexander Mardar
DeFi   -   Dec 13, 2023 Synthetix to End SNX Token Inflation, Shifting Incentive Strategy
Synthetix to End SNX Token Inflation,

Synthetix’s proposed SIP-2043 will halt SNX token inflation, transitioning to a buyback and burn model. This strategic shift is aimed at enhancing support for passive token holders and seeks to strengthen the incentives for purchasing and holding the token.

Alexander Mardar
Bitcoin   -   Dec 12, 2023 Bitcoin Ordinals Listed as Vulnerability in U.S. National Database
Bitcoin Ordinals Listed as Vulnerability in U.S. National Database

Labeled as a vulnerability, Ordinals face scrutiny for increasing block sizes and congesting the network. This issue, now officially recognized, raises critical concerns about the future scalability and efficiency of the Bitcoin network.

Alexander Mardar
Ethereum   -   Dec 09, 2023 Ethereum Faces Censorship Concerns Amid Rising MEV-Boost Use
Ethereum Faces Censorship Concerns Amid Rising MEV-Boost Use

With over 90% of Ethereum blocks now being built using MEV-Boost middleware, concerns over centralized block builders and increased transaction censorship have emerged. This shift challenges Ethereum's foundational principles of independence and decentralization.

Alexander Mardar
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