Cybersecurity, Technology and Cryptocurrency. Follow me on Twitter as well! https://twitter.com/CryptoCulgin
Earth
This post is mainly to warn Hivers that there are a number of high profile Twitter accounts that were hacked. These include Bill Gates, Elon Musk and even Joe BidenSo be aware of all these scams as they are clearly hacked accounts. However, I personally find it a little funny that these hackers are good enough to take over these accounts but not smart enough to pull off a better scam. I mean these accounts can be exploited to move markets in the hackers' favor. Just imagine using Bill Gates account to announce that he is buying Bitcoin.
Keep Network is one of the DeFi projects that are trying to tokenize BTC on Ethereum in a non-custodial manner. Their version of tokenized bitcoin is called TBTC. How they are tokenizing Bitcoin deserves a separate post on its own and in this post, I just want to rant about my frustrations in getting testnet BTC.
I have read many comments and complaints about Ethereum gas fees being too high. Some even think that this is very bearish for ETH price. I beg to differ and here is why.Rising Ethereum Gas Fees?Ethereum gas fees are ticking up over the years in USD terms, as shown in the chart below, and some people are frustrated about it. But why are gas fees rising?
Gold has been trending up since its crash together with the other markets in March. If you have bought some gold when it crashed to $1450 in March, you will now be sitting on a 23% profits.I have mentioned in multiple occasions that I am bullish of gold. During the crash in March, I made this post and said this,
Several days back, I made this post on why I believe there will be a sustained period of high inflation when the economy starts to recover from COVID-19. Today, I am going to share how I intend to navigate this period of high inflation. As always, this is my personal thought process and should not be taken as investment/financial advice. Due diligence and research are still required when you invest your own money
Inflation is a stealthy thief. It takes away your purchasing power without you even noticing. In Singapore, using food as an example, a plate of chicken rice used to cost me $2.50 during my college days. Fast forward 12 years, a plate of chicken rice is now about $3.50 on average. That is a 40% increase over 12 years translating to a simple inflation of 3.33% annually.