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evanvanness · 5 years ago

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Annotations for the latest Week in Eth News

I tweeted this week:

Feels like an accurate reflection of the broader week in the Ethereum ecosystem. Just take a look at the most clicked:

“Yield farming” is the idea of figuring out how to leverage up to get the most yield, where part of the yield is usually a native token for the platform/protocol. (Please do so very cautiously...if you get leveraged up, you’re juicing returns but taking large risk of losses).

With Compound, this meant various “trades,” which changed through the week. First people were lending (and resupplying) Tether, because that had the highest rates. Then the trade switched to BAT because some whale figured out (the advantages of scale!) that it wouldn’t be hard to drive BAT rates up even higher than Tether (USDT) and all the sudden an insane amount of BAT moved to Compound. I kid you not: at the moment there is about $250m USD worth of BAT in Compound - though only 6% of supply as it gets circulated through a few times

Leveraged up? Be careful! If BAT price doubles, how many people would get liquidated?

Hint: it’s those of you who are over 50% on the borrow limit you can see from your account page on the Compound UI. Looking at exchanges, the order books are rather thin - how much would it cost a liquidator to drive all the BAT price up 2x compared to how much it could make liquidating? Or what if Brave announces a big partnership? Crypto is an adversarial environment (ahem, look at all those YouTubers with huge followings trying to sell you on the latest pump of some worthless token)

These order books are thinner than normal because....so much BAT got sucked into Compound from the exchange’s order books. So the price is now easier to push higher.

Meanwhile, Balancer started its “liquidity mining” (same thing as yield farming) before Compound, but just released its token today. And now it’s trading at $15 last I looked, or 1.5 billion USD fully diluted market cap.

Signs of a bull market? Feels like it to me.

These aren’t the only liquidity mining opportunities - and you’ll see a bunch more people do it now that this is what is bringing in users.

Back to Compound, it got listed on Coinbase Pro today and the price actually fell, as all the people who had “farmed” it got liquid, plus presumably some others as well. However, it eventually held (at time of writing) at about $280. (that’s a 2.8b USD fully diluted valuation). It had been at $380 and looking at the orderbook when it opened, it appeared that the first trade (for a tiny amount) happened at $440. We’ll see what happens when Coinbase opens it to retail.

The DeFi narrative is strong. Seems clear that there is some demand for folks wanting to own a bit of what might be the next big financial platforms.

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The final thing I always call out in my intro is high-level things I suggest Eth holders might read:

Matter Labs’ ZK Sync rollup is live – tiny transaction fees, withdrawals to Eth mainnet in 15 mins, 300 transactions per second (with 2000 tps coming)

Reddit announces scaling competition to move Reddit’s community points to mainnet

It seems the mysterious and massive transaction fees were from a hacked korean ponzi called GoodCycle. Various miners have handled differently: Ethermine (already paid out). Sparkpool (said it would pay out but then victim identified, unclear to me if yet resolved). f2pool (said they’d return to new address)

ETH disrupting SWIFT: why fintech VCs are missing DeFi

As always, reverse order:

Looking at ETH as a distruptor for SWIFT is a pretty interesting lens. I’ve always rolled my eyes a little at “fintech” because it seems like playing fast with regulations and then if you get a certain scale hiring lawyers and lobbyists to hopefully make your issues go away. This article argues that the real innovation is further down in the financial “stack” - Ethereum taking the place of antiquated SWIFT.

Personally I don’t think the massive mistake/hack transaction fees are a big deal, but it seems to be something that the crypto clickbait jumps on. It’s not a danger to any normal user. Just check the transaction fee before sending.

Reddit wants to put its Community Points on Eth mainnet, likely through a rollup or sidechain. Very neat - it does feel like their deadline is just a little ambitious for rollups which might make them use a sidechain, which would be a bit of a shame if they can get better trust assumptions from a rollup by waiting an extra month or two.

And speaking of rollups, ZkSync is live. Fast, cheap transfers with the data onchain and the execution offchain. Woot!

Eth1

Trinity v0.1.0-alpha.36 (Python client) – BeamSync improvements, metrics tracking (influxDB/Grafana), partial eth/65 support

Updated Eth on ARM images. Geth fast syncs a full node in 40 hours on 8GB Raspberry Pi4

Miners began bumping up the gas limit (12m now), which sparked some polemics about the tradeoff between state growth versus user fees. Higher gas limit resulted in safelow gas fees in the teens for the first time in weeks.

Speaking of yield farming ruling the week, the gas prices are back to 30 gwei despite the fact that that throughput went up 20%. My strong suspicion is that this has a lot to do with yield farming.

For the record, the max transactions per second of Ethereum right now is about 44 transactions per second. It’s an easy calc to do (12m divided by 13.1 block time divided by 21000 gas per simple eth transfer).

Of course that doesn’t include rollups, who put their data onchain to the point where they are arguably layer 1.5.

Personally I think we should make this gas limit increase “temporary” when gas prices go back down.

Eth2

Prysmatic (Go) client update – stable Onyx testnet, 80% validators community run, RAM usage optimizations

Nimbus (Nim) client update – up to spec, 10-50x processing speedup, splitting node and validator clients

SigmaPrime’s update on their Eth2 fuzzer – found some Prysmatic bugs, fuzzing Lodestar (Javascript client), Lighthouse ENR crate bug, dockerizing the fuzzer so the community can run it

Jonny Rhea’s Packetology posts (one and two) on identifying validators

Attack nets – a testnet specifically for attacks

When Sigma Prime’s fuzzer is dockerized, does “are you fuzzing any eth2 clients” become the cool new question that Eth folks ask each other, instead of “are you running any testnets?”

There’s not much more to say otherwise. This is the final slog to getting the eth2 chain launched. The final tinkering, the testnets, thinking about validator privacy and cost of attack, an attack net for white hats.

Layer2

Matter Labs’ ZK Sync rollup is live – tiny transaction fees, withdrawals to Eth mainnet in 15 mins, 300 transactions per second (with 2000 tps coming)

Minimally viable rollback in Validium/Volition

The flipside to high gas prices is layer2. It’s hard to get people to excited about layer2 when you can get onchain transactions done in a couple minutes at 1 gwei. At 30 gwei, people get more excited about layer2, and stuff is working.

Network effects are real: layer2 also becomes much better to use the more people who are using it. So there is a silver lining to higher gas prices, because it provides the incentive to push people to superior alternatives. Obviously a really fast and cheap ETH/token transfer rollup is increasingly more valuable the more people are using it.

Crypto

a GKR inside a snark to speed up SNARK proving 200x

Attacking the Diogenes setup ceremony for Eth2’s VDF

Isogenies VDFs: delay encryption

Kate polynomial commitments explainer from Dankrad Feist

Reputable List Curation from Decentralized Voting Crites, Maller, Meiklejohn and Mercer paper for construction of private TCR voting

Debut of the “crypto” section. It seemed like it was getting lost in the general.

Placement (compared to other sections) was rather random. Categorization can be somewhat arbitrary, that’s something the newsletter will hopefully constantly evolve.

This newsletter is made possible thanks to Matcha by 0x!

0x is excited to sponsor Week in Ethereum News and invite readers to try out our new DEX!

Stuff for developers

Waffle v3 with ethers v5 support

WalletConnect v1 release, now with mobile linking

ethers-rs, a port of ethers to Rust

Solidity v0.6.10. error codes and bugfix for externally calling a function that returns variables with calldata location.

Inheritance in Solidity v0.6

Sorting without comparison in Solidity

Create dynamic NFTs using oracles

Deploying with libraries on Remix IDE

Wyre’s WalletPasses allow push notifications for dapps

Bunch of neat stuff in here. I’ve said it before, ethers is increasingly the thing that people use, even while most of the eth tutorials are still using web3js.

Code security

OpenZeppelin found a bug that affected 61 Argent wallets

Bancor bug: public method allowed anyone to drain user balances. Amusingly, the white hat draining got frontrun

DeFiSaver exchange vulnerability. They white hat drained it and also got frontrun.

Database of audit reports

Check out this newsletter’s weekly job listings below the general section

A special security section to break up the “stuff for devs” since it was a little big.

The whole “white hat drainers” get frontrun theme was...well, I used the word amusing in the newsletter, but I don’t think that’s quite the right word.

Ecosystem

Reddit announces scaling competition to move Reddit’s community points to mainnet

By default, Geth will no longer accept transaction fees over 1 eth

3box on demystifying the many facets of digital identity

The death (and web3 rebirth?) of privacy

Ethereum Foundation invests in Unicef’s CryptoFund startups

Unicef’s press release didn’t mention the Ethereum Foundation (and barely mentioned Ethereum! strange) but in fact EF did provide the capital. Very strange that Unicef barely mentioned Ethereum.

And yes, I still love a good privacy essay. I’m not a privacy nut, but I do think people should have the right to at least know when our every online action action is being surveiled.

Enterprise

WEF, IADB and Colombian government project to reduce corruption in procurement

EY launches crypto tax reporting app

EY continues to push things for enterprise, and dealing with taxes is presumably just one more hurdle that they’re knocking down. Of course many enterprises also still refuse to own crypto (even on a centralized exchange), so I remain curious as to whether

the anti-corruption procurement project in Colombia suffers a similar problem: to be actually used, the Colombian government requires secret bids. So they either have to change the law to try it, or they have to integrate...something like EY’s Nightfall

DAOs and Standards

EIP2733: Transaction package

Anonymous voting using MACI and BrightID

Arguably the anonymous voting using MACI could’ve been in the crypto section, but it felt slightly more applicable here.

Application layer

$COMP was distributed and liquidity mining (“yield farming”) blew up. Compound passed Maker for #1 on DeFiPulse, and $COMP has had a fully diluted market cap over $3.5 billion

Uniswap v2 passes v1 in liquidity

Streamr’s data unions framework is live for anyone to create their own

5m KNC burned milestone

Yield farming on steroids from Synthetix, Ren, and Curve

A yield farming for normies (and the risks!) tweetstorms from Tony Sheng

this artwork is always on sale, v2 with 100% per year tax instead of 5%

My weekly what fraction of applayer section is DeFi: 5/7.

I was somewhat surprised Uniswap v2 took over this quickly. I suppose that’s a data point for “the power of frontends.”

Tokens/Business/Regulation

ETH disrupting SWIFT: why fintech VCs are missing DeFi

Nick Tomaino on the economics of Eth2

Personal token vote on Alex Masmej’s life decisons

Liechtenstein company tokenizes 1.1m USD collectable Ferrari

Opyn: hedging with calls

It does seem like the economics of Eth2 are still vastly underrated by “crypto” at large. In my view that largely reflects the skepticism that Eth2 ever launches, as Silicon Valley went very skeptical on ETH 2 years ago when they pivoted away from FFG.

New tokens from protocols valued in the billions and tokenized Ferraris. It’s starting to feel like the true beginnings of a bull market.

No general section this week; I was surprised as you, but lately the general section had been dominated by cryptography and that got its own section.

That’s it for the annotations!

Please RT this on Twitter if you enjoyed it:

https://twitter.com/evan_van_ness/status/1275551414350237702

Job Listings

Synthetix: Deep Solidity engineer, 2+ years exp & US/EU friendly timezone

Chainlink: Product Manager for Blockchain Integrations and Lead Test Engineer

0x is hiring full-stack, back-end, front-end engineers + 1 data scientist

Celer Network: Android developer

Trail of Bits is looking for masters of low-level security. Apply here.

Want your job listing here? $250 per line (~75 character limit including spaces), payable in ETH/DAI/USDC to evan.ethereum.eth. Questions? thecryptonewspodcast -at-gmail

Housekeeping

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Permalink: https://weekinethereumnews.com/week-in-ethereum-news-june-21-2020/

Dates of Note

Upcoming dates of note (new/changes in bold):

June 24 – EIP1559 call

June 25 – Eth2 call

June 26 – Core devs call

June 29 – Swarm first public event

July 3 – Gitcoin matching grants ends (here’s my grant)

July 6-Aug 6 – HackFS Filecoin/IPFS and Ethereum hackathon

July 20 – Fork the World MetaCartel hackathon

Aug 2 – ENS grace period begins to end

Oct 2-Oct 30 – EthOnline hackathon

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practicalryangosling · 4 years ago

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PeckShield: There were 4 security incidents on DeFi in June, and 11 incidents of fraud running off the road

In June, there have been 20 prominent security incidents in the blockchain ecology, and more than 1 / 2 of them were associated with fraud. The Balancer and Bancor incidents caused DeFi security to attract attention again. Original title: "PeckShield: An overall total of 20 security incidents occurred in June, and DeFi security dilemmas are once more highlighted" Published by: PeckShield In accordance with data from the PeckShield situational awareness platform, previously month, there has been 20 prominent security incidents in the entire blockchain ecosystem, rated as "Intermediate", involving 4 cases of DeFi, 1 case of wallet security, and 1 case of public chain security., 3 incidents associated with extortion, 11 incidents associated with fraud. DeFi Security There were 4 DeFi security incidents in June, the following: 1) The liquidity pool of the well-known DeFi platform Balancer was attacked by hackers in a lightning loan attack, resulting in a lack of USD 500, 000. After PeckShield security personnel intervened in the analysis, the essence of the issue was quickly located. The deflationary tokens on Balancer and its own smart contracts are incompatible using specific scenarios, allowing attackers to produce STA/STONK blood circulation pools with price deviations and obtain them from it. Profit. The hacker's attack was divided in to four steps, specifically:

* The attacker lent 104, 331 WETH from the dYdX platform through lightning loan; * The attacker over repeatedly executes swapexactMountin() calls until most of the STA tokens owned by Balancer are consumed, and then the next step of the attack begins. Ultimately, Balancer only has 0. 000000000000000001 STAs left. * The attacker used the incompatibility between your STA token and the Balancer smart contract, that's, the mismatch between accounting and balance, to attack, exhaust other assets in the fund pool, and finally make an overall total of 523, 616. 52 USD worth of digital assets. * The attacker repaid the flash loan lent from dYdX and swept away the digital assets obtained from the attack. Graphical hacking process 2) DeBank engineer frenzy_hao said on Twitter today that hackers once more used dYdX's lightning loan to attack the COMP trading pairs in the Balancer the main liquid mining pool, and took away the unclaimed COMP rewards from the pool, resulting in a total profit of 10. 8 ETH. 3) The decentralized protocol Bancor officially disclosed the details of the security vulnerabilities. The event safeTransferFrom, that ought to have already been set as private, means a public function, so anyone can transfer tokens. Fortunately, there was no major security loss. Following the vulnerability was discovered, the team conducted a white hat attack to transfer funds to a safe address. 4) On June 21, security researcher samczsun privately disclosed two vulnerabilities in the contract and lending agency currently deployed by AtomicLoans. Both of these vulnerabilities could cause the borrower to unlock some or most of the BTC collateral without repaying the loan under certain circumstances. PeckShield Comments: As DeFi projects be more and more diversified, hidden security dilemmas are gradually exposed. Because of its close connection with user assets, the security dilemmas of DeFi projects are extremely serious. Since each project is manufactured by different teams and contains limited understanding of the style and implementation of the respective products and services, the integral products and services are likely to have security problems through the interaction with third-party platforms, and then suffer from the enemy. PeckShield hereby suggests that before the DeFi project goes live, it will decide to try its best to locate a team that has in-depth research on the product design of each and every link of DeFi to accomplish a complete security audit to avoid potential security risks. Digital wallet security 1 wallet security incident occurred in June: Researchers from the network security company OpenZeppelin have posted that they have discovered a high-risk vulnerability in the Ethereum wallet Argent. The vulnerability could allow an attacker to dominate user wallets, especially those users that have perhaps not activated the "guard" function. At the same time, the Argent team quickly fixed the vulnerability and contains contacted the affected users. PeckShield Comments: As something for managing private keys, digital wallets will be the closest spot to encrypted assets. Although a cold wallet is definitely an offline wallet that's disconnected from the network, it also has got the danger of being physically attacked and stolen. For hot wallets such as for example web wallets, users must also watch out for phishing, malicious code injection and other attacks. Public chain security An overall total of just one public chain security incident occurred in June: Blockstream's commercial sidechain Liquid Network was exposed to security vulnerabilities. As a result of inconsistent hash times, essential accounts in the network will undoubtedly be affected by technical vulnerabilities, that may cause the theft of hundreds of dollars in BTC. Currently, Blockstream network administrators have temporarily seized 870 Bitcoins stored on the Liquid network by restoring the multi-signature contract. PeckShield Comments: Once a vulnerability on the public chain is discovered, it'll have a fantastic affect the entire chain ecology. Consequently , the public chain must do security testing and vulnerability investigation before the official version is launched, and seek third-party security company audits to avoid the impact of vulnerability threats Public chain ecology. Extortion-related security incidents occurred in June: 1) Researchers from the security company Unit 42 discovered that a fresh malware "Lucifer" is spreading, which is really a variant of an old cryptocurrency ransomware. The newest variant can be used for malicious cryptocurrency mining, nonetheless it may also be used for DDoS attacks. 2) The US subsidiary of ST Engineering Aerospace suffered a ransomware attack. The organization and its own partners were stolen - 5TB of sensitive and painful data. Before the news in February, hacker Maze invaded five US attorneys and demanded a ransom greater than $933, 000 in BTC. Before the news in March, the encryption ransomware organization Maze claimed to utilize hacker pc software to attack the insurance giant Chubb. 3) Kent Commercial Services (KCS), a company in Kent, UK, was recently attacked by hackers. The hackers demanded a Bitcoin ransom of 800, 000 pounds, otherwise the company's data could be leaked on the dark web. KCS said that the company did not pay the ransom and did not involve the theft of taxpayers' personal data. 4) In a reaction to the two unusually high-priced Ethereum transaction fees, researchers from PeckShield security company believe that this might be because of hacker ransom attacks on GoodCycle, a fake exchange from South Korea. Hackers obtained the main rights of the exchange through phishing attacks and other practices, so they used the act of squandering GasPrice to blackmail it. (For details, please refer to Behind the sky-high transaction fee transfer of Ethereum: A hacker initiated a GasPrice blackmail attack? The facts about the sky-high transaction fee transfer of Ethereum: GoodCycle, a fund project, staged a manslaughter! ) PeckShield Comments: Blackmail security incidents have been a significant hidden danger affecting the entire Internet ecology, perhaps not limited to the blockchain ecology. More over, following the gradual popularity of cryptocurrencies in the blockchain field, criminals often utilize the better anonymity of cryptocurrencies such as for example Bitcoin for blackmail fraud. As well as the above-mentioned incidents of fraudulent runaways, there have been also several fraudulent runaways in June that deserve our attention, such as for example: 1) In accordance with data from CoinHolmes, an electronic asset visualization tracking platform owned by PeckShield, from the afternoon of June 22, PlusToken's running funds have changed, 26, 316, 339 EOS, 2, 503 BTC; 789, 533 ETH were transferred. 2) The Seoul police in South Korea launched a study today, targeting two anonymous digital currency exchanges associated with ETH crimes. Criminals used multi-level Ponzi schemes to defraud victims' digital currency. 433 investors have lodged complaints with law enforcement, and 1, 000 investors never have contacted law enforcement. The ETH involved in the case is worth 41. 5 million US dollars. 3) The Iranian exchange bitisis, widely reported by the Chinese media, has fully gone away. Multiple sources remarked that the specific controller behind it absolutely was Chinese fraudsters, plus they mastered several overseas exchanges that claimed in order to maneuver bricks and arbitrage to soak up retail funds and then ran away.. The authorities in a variety of places have filed the case. The exchange transferred user assets to three addresses, among which the platform has urgently frozen the relevant addresses. 4) Bibox officially announced that criminals copied the Bibox APP and pretended to be Bibox customer support to induce users to produce transactions. Users are requested to become more vigilant. 5) Huobi Worldwide received a study a phishing and fraudulent web site pretended to be Huobi and issued an announcement to spread the "ERD Airdrop Campaign" on the community. Huobi Worldwide solemnly declares that Huobi has not released any "ERD Airdrop Campaign". Traders are requested to be vigilant and recognize the official web site address of Huobi. 6) The Matcha Exchange issued an announcement stating that recently, criminals have pretended to be customer support personnel of several exchanges and created fraudulent websites to induce users to trade, or request the transfer of digital assets to fraudulent websites. There is absolutely no official WeChat account fully for MXC Matcha, and any "MXC Matcha" account on WeChat just isn't the official account. If you encounter behaviors such as for example contacting users in the name of MXC Matcha and requesting to "transfer digital assets" to other platforms, it is possible to verify their identity through the customer service channel of MXC Matcha official web site. 7) Recently, the Shandong Yantai police closed the web at precisely the same time in Shenzhen, Huizhou, and Hefei, and successfully expunged a criminal gang that used fake investment platforms to commit fraud under the guise of "virtual currency investment". The amount involved was more than 14 million yuan. 8) The Juye County Public Security Bureau in Heze City, Shandong Province recently cracked a case of a significant telecom network fraud and expunged multiple gangs suspected of committing telecom network fraud in the name of on the web loans and buying "Bitcoin", and arrested 83 criminal suspects. Significantly more than 27 million yuan of funds involved in the case were seized and frozen. At present, 30 major criminal suspects have already been transferred by Juye Police to the prosecutors for review and prosecution. 9) Recently, a Nanning OTC company was suspected of assisting in telecommunication fraud criminals with money laundering, and was caught by police investigation. This demonstrates USDT, cryptocurrency and telecommunication fraud are far more closely integral in China, which may bring more risks of freezing cards to ordinary users, OTC vendors also have to increase their screening efforts. 10) In accordance with previous reports, criminals are utilizing the names of Tesla founder Elon Musk and his company SpaceX to commit Bitcoin fraud on YouTube. In accordance with statistics, an overall total of 214 BTC were provided for such fraudulent addresses, valued at more than 2 million US dollars. 11) DeFi Money Market Protocol DMM's official Twitter stated that its telegram group was maliciously hijacked through the public offering, and the attacker imposted the DMM Foundation so that you can steal funds. Those that were deceived in the token sale were compensated for the corresponding DMG amount, and the ones who wanted to make sure that all the funds lost were compensated appropriately. PeckShield Comments: Various security hazards brought on by users' insufficient security awareness and operational norms have already been emerging in a endless stream. Various incidents such as for example phishing attacks and fraud are typical. Here is a reminder that users should keep all types of personal data carefully, and any small negligence could cause irreparable losses.

#cryptominer #tron arcade #bitcoin mining online #1 free bitcoin #how to make money with cryptocurrency

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cryptonewstrending · 5 years ago

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Alleged Ponzi Scheme Sent the $5 Million in Ether Gas Fees

The origin of the abnormal Ether transactions that paid more than $5 million in gas fees seems to be Korean “exchange” GoodCycle. After a week of searches, it appears that the culprit behind at least two of the anomalous high fee transactions on Ether (ETH) was found. As reported by Chinese blockchain analytics company PeckShield on June 16, the originating address appears to be coming from Korean platform GoodCycle, a recently launched peer-to-peer exchange that provides “investment” opportunities to its users. According to PeckShield, this platform shows all the signs…

The post Alleged Ponzi Scheme Sent the $5 Million in Ether Gas Fees appeared first on CryptoNewsTrending.

source https://cryptonewstrending.com/alleged-ponzi-scheme-sent-the-5-million-in-ether-gas-fees/

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bitrss-news · 5 years ago

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BitRss Crypto News

Alleged Ponzi Scheme Sent the $5 Million in Ether Gas Fees The origin of the abnormal Ether transactions that paid more than $5 million in gas fees seems to be Korean “exchange” GoodCycle. https://t.co/trubFbuHfU

— BitRss News (@RssBit) June 17, 2020

#Cryptocurrency News BitRss.com

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coinraininfo · 5 years ago

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Alleged Ponzi Scheme Sent the $5 Million in Ether Gas Fees

The origin of the abnormal Ether transactions that paid more than $5 million in gas fees seems to be Korean âexchangeâ GoodCycle. source https://coinrain.info/en/crypto-news/27434/alleged-ponzi-scheme-5-million-ether-gas-fees

#crypto #bitcoin #news #cryptocurrency #btc #bitcoin news #bitcoin price #bitcoin prediction #bitcoin technic

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apexcryptonews · 5 years ago

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Alleged Ponzi Scheme Sent the $5 Million in Ether Gas Fees

Alleged Ponzi Scheme Sent the $5 Million in Ether Gas Fees After a week of searches, it appears that the culprit behind at least two of the anomalous high fee transactions on Ether (ETH) was found.As reported by Chinese blockchain analytics company PeckShield on June 16, the originating address appears to be coming from Korean platform GoodCycle, a recently launched peer-to-peer exchange that provides “investment” opportunities to its users. https://apexcryptonews.com/2020/06/17/alleged-ponzi-scheme-sent-the-5-million-in-ether-gas-fees/

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cryptobitnews · 5 years ago

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Alleged Ponzi Scheme Sent the $5 Million in Ether Gas Fees

After a week of searches, it appears that the culprit behind at least two of the anomalous high fee transactions on Ether (ETH) was found.

As reported by Chinese blockchain analytics company PeckShield on June 16, the originating address appears to be coming from Korean platform GoodCycle, a recently launched peer-to-peer exchange that provides “investment” opportunities to its users.

According…

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#Alleged #Ether #Fees #gas #Million #Ponzi #Scheme

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freewhispersmaker · 7 years ago

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Feature article on concern australia

Dear assignment provider aus

Here I have is an article which is to be written for a master’s degree doing a MBA. It’s for a unit called business ethics. Objective of the Assignment Prepare an article for the business magazine that reports on, and critically analyses, the objectives, operations and outcomes of a social enterprise and include performance data and photos where possible. The magazine is expecting: great content in a feature which is engaging, and exhibits a clear and crisp writing style. The social enterprise we have picked is Concern Australia Website http://ift.tt/2wQCPkg Your article should explain the following; • I am doing the section to Explain the Triple Bottom Line that Concern Australia are servicing (Social, Environmental and Financial)

Points to consider; • I have chosen assignment on the type of report but its to be written as a feature article on the social enterprise • Your report is expected to contain pertinent primary data – information that has been developed by your group. Your primary data can come from: your observations of the social enterprise or sustainable tourism business in action (e.g. what you experience visiting say a café, bar or wherever the public interface of the organisation is); and/or discussions (and quotes) that you get directly from the operators or clients that you gather in person, by phone or by electronic means. As this is a magazine article, no formal Harvard referencing at the end (‘out of text’) is required – but sources would usually be given ‘in-text’ e.g.: “ … the website notes that 300 people were assisted …”; “ … staff said that business is increasing rapidly The word limit is 1000 words • I have attached a rubric to point out how to obtain the most marks for the whole assignment • Time to complete the assignment is 2 days

Kind regards

Assessment 2: Case study part 2 – case article: social enterprise or

Objective

To compile an article that reports on, and critically analyses, the objectives, operations and performance outcomes of either: 1 – a social enterprise in the country in which your course is conducted; 2. or a sustainable tourism business in the country in which your course is conducted; 3. or to do with a special topic – as advanced by your local lecturer – regarding the country in which your course is conducted (things like Palm oil; ‘clean coal energy’ etc.). Note: if you wish to choose a enterprise, business or special topic in a different country you must seek permission from your lecturer.

Scenario

A major international business magazine – HBR (Herbert Management Review) – has contracted you to write a ‘profile’ article on either a social enterprise OR a sustainable tourism business OR a special topic. They believe there are some really interesting organisations or topics that would be of interest to local and overseas readers.

Alternative #1 – note on social enterprises (for further details see Topic 9): Social enterprises are businesses established by entrepreneurs with an emphasis on human values rather than just profit. They are not charities or welfare agencies, but seek to achieve social change by having an economically viable business model that services societal needs while drawing support from the community. Some Australian examples (there are many also in Malaysia and other countries): the MADCAP Café that employees young people with mental health issues to make the coffee in stands at Masters Hardware stores; Fifty-six threads café run by AMES – which trains young refugees and migrants in hospitality skills; Streateats – trains & employs homeless youth; Who gives a crap – recycled toilet paper; Dress for success – clothes for women in need of support in getting a job; Scarf hospitality that trains refugees; and Goodcycles – trains and employs disengaged youth in bicycle repairs

Required

Prepare an article for the business magazine that reports on, and critically analyses, the objectives, operations and outcomes of a social enterprise or sustainable tourism business or special topic – and include performance data and photos where possible. The magazine is expecting: great content in a feature which is engaging, and exhibits a clear and crisp writing style (20%); and an oral presentation to a business conference (in fact your classroom!) sponsored by the magazine (5%). Article quality not quantity is the key. One author: about 1,200 to 1,500 words plus illustrations. Two authors: about 1,800 to 2,200 words plus illustrations.

Notes

You report should provide the reader with a brief background of social enterprises or sustainable tourism businesses or special topic: what are they; what they do; how recent a phenomena are they; who are the stakeholders; and how they fit with a modern capitalist economy.

Your report is expected to contain pertinent primary data – information that has been developed by your group. Your primary data can come from: your observations of the social enterprise or sustainable tourism business in action (e.g. what you experience visiting say a café, bar or wherever the public interface of the organisation is); and/or discussions (and quotes) that you get directly from the operators or clients that you gather in person, by phone or by electronic means. As this is a magazine article, no formal Harvard referencing at the end (‘out of text’) is required – but sources would usually be given ‘in-text’ e.g.: “ … the website notes that 300 people were assisted …”; “ … staff said that business is increasing rapidly …”.

This is not a ‘cut and paste from the internet’ exercise – articles that do not contain substantive primary data and do not provide a critical analysis cannot receive a pass grade.

You article is due in session 8 (see teaching schedule) and your presentation ‘slot’ will be allocated in either session 8, 9, 10 or 11. Presentations are strictly limited to 5 minutes maximum and 3 PPT slides – you cannot go overtime at all, so practice with 3 or 4 minutes in mind.

Why is co-operative work by a maximum of two people allowed and encouraged? Learning by doing and discussing is important, so it is useful to work co-operatively to form and consolidate ideas. It is also practical for pairs to operate as: there are less individuals battling for opportunities to do things like meet with or call actors (e.g. managers or consumers of organisations); and it can feel more supportive if you have someone else to help collect primary data or discuss insights and formulate ideas.

How do pairs submit their work? The article is written under name of both members (clearly labelled with names and IDs) and submitted by ONLY one of the members to the Assessment 2 dropbox in collaborate. If your partner appears to be ‘free-riding’, recognise this early and submit your own article in your name.

Article: Grading Sheet – 30%

Names: ________________________________

Oral presentation – 5%

Informative 3

Engaging 2

Written presentation – 25%

Content

· Identification of key contextual elements (5)

· Description of objectives, operations and outcomes (8)

· Primary data*, performance data and photographs (6)

19 (*if no substantial primary data a fail result overall will ensue)

Style