Hackers steal $130 million from Cream Finance; the company’s 3rd hack this year
The attackers are believed to have found a vulnerability in the platform’s lending system —called flash loaning— and used it to steal all of Cream’s assets and tokens running on the Ethereum blockchain, according to blockchain security firm BlockSec, which also posted an explanation of the security flaw on Twitter earlier today.
People prepping for the end of the world love cryptocurrency. You know, money that only works if everything on the internet does. Good luck with that.
Forget “Best” or “Sincerely,” This Email Closing Gets the Most Replies
The first shall be last and the last shall be first and "Best" shall be last.
Why the U.S. Navy Never Built Titanium Submarines Like Russia
There was simply no conceivable supply chain in place to make the serial production of titanium even remotely cost-efficient. The Papa-class prototype cost an astonishing 1 percent of the Soviet Union’s entire 1968 GDP, and that doesn’t factor in titanium’s unique maintenance and component degradation costs.
Yeah, but titanium submarines sure helped the Russians beat the Afghan navy pretty quick. Anyway, the US Defense department also seems to be based solely on the "money is no object" procurement plan. Wait until we're totally soviet to find out what that really means. You won't have to wait long.
Hardy Kruger Would Approve
This guy literally makes a working miniature Airbus RC airplane right in front of you. It turns out that Hardy Kruger in the Flight of the Phoenix was right all along.
The original Flight of the Phoenix was a great movie. The remake, not so much.
China limits construction of 'super high-rise buildings'
"Every building aims to be a landmark, and the developers and city planners try to achieve this goal by going extreme in novelty and strangeness."
That's the 21st century in a nutshell.
The Great Competition to Give Away Money
The word people are most comfortable using to describe the current moment right now is “froth.” But some people are willing to go further in describing what, to a cynic, can seem like irrational exuberance. “The VCs are reacting rationally to the environment that they're in,” said Martin Kenney, a UC Davis professor who studies the venture capital industry. “But the environment could be irrational.”
The headline describes venture capital investment as "giving away money." That's the 21st century in a nutshell.
Why The Metaverse will be Bigger than Facebook and Google Combined
Metaverse is a collection of various virtual worlds, game worlds if you want, capable of possible cooperation. This means that these worlds and the games they are represented in them will be connected at some point in the future. But it doesn't stop with the games. In the metaverse, you can virtually check an NFT gallery of famous real-world artists, play a game on your mobile while your friends play the same game from XBOX or PS5, you can then check a new musical artist in his recent virtual streamed performance, and finally to perform almost every programmable simulation of a situation from our lives, such as learning to drive a car, plane, a rocketship, and so one.[sic]
I'm sure guaranteed basic income and phony empty box refund claims from Amazon will make this wonderful new world possible.
Solid-State Batteries Rev Up Electric Cars, Boost Grid Storage
In tests, a laboratory prototype delivered 500 charge and discharge cycles with 80% capacity retention at room temperature. In contrast, previous studies with silicon anodes usually only achieved roughly 100 stable cycles.
Not really a battery per se. It's a (super)capacitor. Supercapacitors are the only thing that will make electric cars really viable. They'll figure it out eventually, and think of all the money you can make running a superfund recycling site for Tesla batteries when they do.
The fluoride wars rage on
Some toxicologists and epidemiologists are now questioning whether even low doses of fluoride can have systemic effects, including causing a dip in IQ in children who were exposed to it in utero. The first indications of this came from studies that compared unfluoridated villages and communities with fluoridated ones (where fluoride is either naturally occurring or added to water), followed by better-controlled studies that measured fluoride in individuals.
I once heard someone whose medical coverage didn't cover dental work describe teeth as "luxury bones."
Home Values Soared in 2020 -- but So Did Property Taxes
The average property tax bill for a single-family home rose from $3,561 in 2019 to $3,719 in 2020, according to ATTOM Data Solutions. All told, property taxes for single-family homes increased $323 billion last year, or 5.4%, from the year before.
I'm sure towns and cities will use this extra money wisely, by investing in the additional police officers needed to arrest all the citizens who attend school board meetings, for instance.
Unvaccinated people are set to be BANNED from Berlin’s Christmas market after officials approved shutting them out in latest example of two-tier post-Covid society
That's truly the Christmas spirit, isn't it? I suggest Germans follow Groucho Marx's advice in these matters: Don't join any group willing to have you as a member.
Have a great Tuesday, everyone! Best, Roger. Oops
