Aside from spiritual and peace,

A man wants 4 things, a nice farm, a high-class brand car, Bitcoin, and Hawk Tuah.

#mandream #dailymeme #hawktuah

Here are crypto updates:

🚀 Binance will start a new program, HODLer Airdrops, to reward BNB holders who subscribe to Simple Earn products, either Flexible and/or Locked. Eligible users will receive the coin or token after a 24-hour period once the HODLer Airdrops are announced. #CryptoNews #BinanceUpdate #HODLerAirdrops

🔥 Mara is starting their new pilot project in Finland to distribute the heat from digital asset computing to 11,000 residents. The purpose of this project is to receive new revenue from selling the heat while trying to reach zero-cost power for mining digital assets. #MaraProject #FinlandPilot #CryptoInnovation

🌐 LayerZero Foundation is launching a ZRO token airdrop for eligible users. To claim this airdrop, eligible users need to donate $0.10 for every 1 ZRO. The purpose of this action is to create Proof-of-Donation, where the donated token will be given to Protocol Guild, a not-for-profit collective of Ethereum’s core researchers and developers, and to make a short-term commitment to the future of crypto. On top of that, LayerZero will match the donation too, up to $10 million. #LayerZero #ZROAirdrop #ProofOfDonation

⚖️ Lastly, even though the SEC has stopped the Ethereum 2.0 investigation and categorized Ethereum sales as a non-security transaction, Joseph Lubin, founder of ConsenSys, will still sue the SEC to achieve legal clarity. #EthereumUpdate #SECInvestigation #CryptoLegal

#CryptoCommunitys #BlockchainRevolution #CryptoFuture

$BNB $ZRO $ETH

Bitcoin can be likened to an infinite game. ♾️

Emphasizing a long-term strategic approach over short-term gains while acknowledging the importance of achieving immediate objectives and goals. 🎯

Reflecting on Bitcoin's evolution as a store of value over the past 14 years, it is evident that BTC has made significant progress. 📈

To further enhance Bitcoin's ecosystem, active participation from users and holders in conducting Bitcoin transactions is crucial as transaction fees play a vital role in supporting miners. 💸

Regularly acquiring Bitcoin and securely storing it in a cold wallet is advisable. 🔒

Furthermore, contributing to the network as miners and node operators is essential for maintaining the decentralized nature of the Bitcoin network. 💻

Continual development of Bitcoin is essential, exemplified by recent advancements like the Lightning Network (L2) and innovative applications such as Stacks (STX), which introduce additional functionalities to the Bitcoin blockchain and contribute to its ongoing enhancement. 🚀

#Bitcoin #HODL #Innovation

$BTC $STX $BB

Here are crypto updates:

According to Kaiko research, Binance remains the number one crypto exchange with the highest liquidity, followed by Bybit and Coinbase in second and third place. 📊💹

At the BTC Prague event, T-Mobile representative 21hemoon mentioned that they have run Bitcoin and Lightning nodes. Then the next plan is to mine Bitcoin. 🏦⚡

After several years of testing with centralized and decentralized data layers, The Graph finally moved to the decentralized data layer. 🧩🔗

Numerous Uniswap users are asking Uniswap to add the ZKsync network to the chain. Thus, Uniswap heard their voice and delivered it on 14 June 2024. 📈📅

#CryptoNews #Binance #Bitcoin #Blockchain #Uniswap #ZKsync #TheGraph #BTCPrague #CryptoUpdates

$BNB $ZK $UNI

Thank You Kabosu Aka $doge, 🐕🌟

Thanks for the inspiration for the crypto meme. 💡📈

Your unforgettable face and charm have brought happiness to millions around the world, especially crypto community. 😊🌍

Without you, the internet wouldn't be the same, and the world of cryptocurrency memes would lack its most iconic symbol. 🌐💸

Your legacy will continues to inspire creativity and laughter, proving that sometimes, the simplest things can have the most profound impact. 🎨😂

#DogeLove #CryptoMeme #IconicDoge #KabosuInspiration #MemeLegend

May: Crypto's sale month? 📉

Token unlocks impact prices, managing supply and incentives. 🗓️

It's a balance: good unlocks boost growth; bad ones drop value. 📈📉

Reference:
https://token.unlocks.app/

#CryptoMaySales #TokenUnlockExplained #Tokenomics101 #CryptoInvestmentTips #LongTermInvesting

Ethereum is currently the king of crypto in TVL. 👑

Total Value Locked (TVL) refers to the total amount of cryptocurrency assets that are staked, lent, or locked into the smart contracts of decentralized finance (DeFi) protocols and applications on a blockchain network. 🔒

TVL is not the market cap of cryptocurrency. 🚫💰

TVL = total capital deposited (stake, locked, or lend) x price of the assets (not necessarily the native tokens). 📊

For example, if $50 million worth of ETH and $50 million worth of USDT are locked in an Ethereum DeFi lending protocol, the TVL would be $100 million. 💼

While Market cap is measured through
Market cap = the amount of coin or token that are circulating x price of the native tokens. 🔄

For example, if a coin has 100 million tokens in circulation at $10 per token, its market cap would be $1 billion. 🎯

Similar to market cap, TVL is commonly measured in US dollars, but other currencies may be used too. 💲

TVL has a function to measure the strength of the financial situation of a DeFi. 💪 DeFi requires capital to run its operations such as loan collateral or as liquidity in trading pools. 💧

The increase of TVL can mean that the liquidity on that blockchain is increasing where more capital is locked and investors might receive higher yields from the staking and vice versa. 🔼 This also means that investors become more confident towards the blockchain as more users are using the blockchain. 📈

There are several factors that might affect DeFi TVL:
Capital inflow and liquidity to the DeFi 💸User adoption to use the DeFi 👥Incentives in the form of rewards for staking, lending, and locking the coin or token 🎁Coin or token price and market situation 📉📈Whale activity in the DeFi 🐳DeFi upgrades, security, and hack situations. 🔐

Reference:
https://twitter.com/artemis__xyz/status/178067817731004441

#EthereumKing #CryptoTVL #DeFiGrowth #BlockchainLiquidity #StakeEarnYield

Patience is essential for Bitcoin holders. ⏳

Delving into history, Satoshi Nakamoto ensured the code was robust enough to support the Bitcoin protocol, releasing the whitepaper on 31 October 2008. 📜

Beyond work progress, there's also a timeline for mining progress, where miners tackle blocks, estimating around ten minutes per block. ⛏️

This mining process requires substantial computational power to discover a nonce that leads to a hash value meeting or falling below the network's adjusted difficulty target. 💻

Lastly, for those aiming to acquire 1 BTC, consider starting small by purchasing satoshis—where 1 BTC equals 100,000,000 Satoshi. However, if possible, buying a whole Bitcoin is a more advantageous route. 🚀

#BitcoinHolders #SatoshiNakamoto #BitcoinMining #Cryptocurrency #BlockchainTechnology

To all BTC holders, you have a new mission. 🚀

This will be your most significant task of the year as two important events are approaching: 🌟

Asset managers, individuals, and institutions are beginning to purchase Bitcoin through Bitcoin ETFs. 💼If Bitcoin maintains its price at $40,000, it appears that Bitcoin miners will face challenges with their operations and profitability post-halving. 💰
Therefore, all Bitcoin holders should continue to buy and support miners. Thank you to all hodlers and miners. 🙌

#BTC holder #mission #asset manager #institution #Bitcoin #ETF #miners #hodler. 📈

🚀 Ethereum's Dencun upgrade is bringing exciting changes with EIP-4844! 🔥

🤔 Ethereum currently has 2 types of transactions, but EIP-4844 introduces a new type-3 transaction called protodanksharding. 💡 EIP-4844 creates "blobs" - large data packets that can be used by Layer 2 (L2) networks to settle transactions on Ethereum's mainnet. 💰 This helps reduce the high costs associated with posting L2 data through Ethereum's calldata, which L2s currently use.

📦 Each block can have up to 6 blobs, and each type-3 transaction can have 1 or 6 blobs, storing up to 128kb of data. ⏱️ Blobs are only stored for around 18 days, making them cheaper than calldata, which is stored forever. 🧠 EIP-4844 also introduces new transaction and block header fields to manage the blob gas market, similar to EIP-1559.

🤝 This change is expected to substantially reduce posting costs for L2 networks, transforming the market. 🔍 However, L2 operators will need to monitor both the type-2 and type-3 fee mechanisms to determine the most advantageous option.

Thus, this Ethereum upgrade will only reduce the fees for layer 2 and not the Ethereum gas fee itself.📈

Reference:
IntoTheBlock. (2024, March 11). Ethereum’s Dencun upgrade is set to launch in 2 days! In this chart, you can see the projected cost of a dex swap on various L2s after the upgrade👇 pic.twitter.com/nuymqkro6a. Twitter. https://twitter.com/intotheblock/status/1767222155639460290

Kellerman, B. (2024, February 7). EIP-4844, Blobs, and blob gas: What you need to know. Blocknative. https://www.blocknative.com/blog/eip-4844-blobs-and-blob-gas-what-you-need-to-know

#Ethereum #EIP4844 #Dencon #Blobs #LayerTwo #Scaling #Crypto #Blockchain #Web3 #Innovation #TechUpdate #FinTech

Prepare your FDUSD for the next Binance launchpool, SAGA. Those who have Stake BNB will be directly join the launchpool.

Let's go! DYOR l

Binance Ramadan Red Packet Giveaway

Get 0.01 to 3 FDUSD through scanning the barcode using the binance app

Don't forget to share your so all of us can benefit

We wish you good luck and happy Ramadan

this binance faucet, let's go 🔥

#BinanceRedPacketGiveaway

$1 Billion Hacked and Exploited in the Past 8 Months

Over the past 8 months, according to data from the REKT database, hacks and exploits have amounted to a staggering $1.307 billion in losses for users. 💸

In February 2024 alone, the Dapp ecosystem fell victim to a devastating hack, resulting in the loss of $148 million. 😱

Dappradar highlights that these losses stem primarily from exchanges and DeFi platforms. 📉

Within the exchange sector, two significant events occurred: the exit scam of Bitforex, where users were locked out of the website before its shutdown, and an exploit at FixedFloat resulting in a $26.1 million loss. 💻

On the other hand, in the DeFi sector, a breach of user private keys on PlayDapp, an Ethereum and Polygon-based play-to-earn gaming platform, led to losses of approximately $32.3 million. 🔐

It is crucial to safeguard your private keys and diversify your funds across various exchanges. 💰

To enhance security in the WEB3 sector, consider using a new wallet with only a small amount of funds and utilize the Binance Pro APP for convenient WEB3 without accessing the links. 🌐

Reference:
Gherghelas, S. (2024, March 7). Crypto Hype Pushes Dapp Industry Adoption to New All-Time High with 6,7 Million Daily Wallets. DappRadar. https://dappradar.com/blog/crypto-hype-pushes-dapp-industry-adoption-to-new-all-time-high-with-67-million-daily-wallets

#Dappecosystem #binanceweb3 #web3 #dapphack #hack #security #cryptosecurity #cryptoextraction 🚀

👋 Have you secured your crypto centralized exchange?

🛡️ There are 3 layers of security to be applied on securing your crypto centralized exchange:

Layer 1:
Find a reputable exchange with a great history, team, and founder. Remember humans are a great investment because we trade with other humans. 👥
Place a strong password on your CEX, make sure it is not only 8 words or signs, the longer the better, and don’t use the same password on any other of your accounts. 🔒
If there is an update on the CEX application, please update it as they might reduce bugs or add extra security. 📲

Layer 2:
Once you are done with layer 1, now it's time to set up your 2FA (two-factor authentication).
SMS 2FA is no longer safe and not recommended anymore due to the possibility of SIM swap. 📵
Email 2FA is better than SMS. Make sure you use a 2FA app on your email instead of SMS 2FA. 📧
Application 2FA is more sophisticated compared to SMS or email 2FA. Examples are Google Authenticator or Authy. 🔑

Layer 3:
Biometrics are used to prevent other people from using your ID, for instance, face biometrics or fingerprint. 🤖
YubiKey is the highest level of security that you may need as your account goes higher. This is a physical key that needs to be plugged when you enter your account, so other people can’t enter your account without it. Compared to all 2FA that are available in layer 2 that are free to access and create without buying anything, YubiKey needs additional investment as it has a price tag on it and makes your account more secure. 🔑🔒

📝 Notes: This is for CEX security only. If you are heavily into DeFi, we recommend using a hardware wallet and remembering where you place your key. 💡

{crypto, cryptosecurity, security, biometric, yubikey, 2fa]

#crypto #cryptoextraction #cryposecurity #crypto2fa #2fa #cefi #centralized #exchange

Have you enjoy your Bitcoin journey?

Don’t trust and verify it, Satoshi.

Satoshi emphasized the need for fast distribution and validation of transactions, with a maximum processing time of 10 seconds across all nodes, to prevent double spending💰.

When a node receives a transaction, it must quickly validate and spread the information to all nodes to prevent attackers from spending the same amount in another transaction. 🚀 Fast distribution and validation can outcompete other nodes that have seen the same transaction from the same spender.

Reference:
Satoshi. (2010, July 29). Re: Scalability and transaction rate. Bitcoin Forum. https://bitcointalk.org/index.php?topic=532.msg6306#msg6306

Remember, 4 is your best friend. Keep building

Do you guys come from those countries?

Behold the Ethereum network, reigning as the most esteemed of users.

Transaction fees can be a determining factor in identifying the most commonly used blockchain.

According to data from cryptofees.info, the Ethereum network receives the highest transaction fees per day, accounting for 69% of transaction shares in the top 10 layer 1 blockchains. 📈Ethereum is closely followed by Bitcoin and Binance Smart Chain. 💰

The Ethereum network contributes to several aspects such as NFTs, layer 2 solutions, DeFi, and gaming. 🎮Transaction fees on the Ethereum network are either burned or paid to validators. 💸

Vitalik Buterin on Ethereum