Selected News

1. TORN breaks $38, over 940% increase in 24 hours

2.: WalletConnect has opened WCT airdrop eligibility inquiries

3. Market news: US court rules sanctions against Tornado Cash smart contracts illegal

4. The ZKasino team misappropriated user funds to continue leveraging long on ETH, with an average leverage cost of $3402

5. Glassnode: Many long-term holders are still waiting for higher prices to release BTC back into the market

Articles & Threads

1. (The $10 billion ‘Crypto Presidential Suite’, Trump's Bull Market Conspiracy | Bull Market Bottoming Guide)

Ray, BlockBeats

Many old players and long-time investors in this cycle feel that the style of the bull market in 2024 will be very different, not as difficult as in 2021. It is challenging because there are no native narratives, no new investors entering the market, significant high FDV projects coming in to harvest, and the long-awaited Mass adoption still has no progress... However, as Dickens said, 'It is the best of times, it is the worst of times.' The key to wealth lies often in the riddle itself.

2. (Is the oracle really decentralized?)

100y.eth

How to become a data source and operator: Anyone operating on EigenLayer can become an eOracle data validator by setting up an eOracle node. Total Value Security/Crypto Economic Security: Although still in the early stages, eOracle ensures a total value of about $85 million through one protocol. As part of EigenLayer's AVS, it is backed by about $10.1 billion in re-staked ETH. Controversy handling and slashing: While the exact standards for malicious behavior have not been disclosed, as part of EigenLayer AVS, eOracle can implement slashing for malicious validators.

24H Hot Projects (‼️ High Rug Risk ‼️)

Daily new project or community attention dynamics, filtered and ranked by the number of followers and growth of X Alpha accounts

Data Source: getmoni.io

BlockBeats Note: The following are all early projects with relatively few followers, with high risks of rug pulls and contract issues, participation should be cautious, not investment advice

1. AMIX (@Ami_X_AI)

An AI meme.

2. fric (@fricthefrog)

A frog meme.

3. Yuma (@YumaGroup)

A subsidiary established by DCG specifically to provide funding for the development of the Bittensor ecosystem.

Market Data

Daily overall market funding heat (reflected by funding rates) and token unlocking

Data Source: Coinglass, TokenUnlocks

Funding Rate

Token Unlocking