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Your weekly crypto adventure

Tanja Nechet

News editor

Apr 3, 2024 at 06:02

💡 Our exclusive: about blockchain cybersecurity with the CEO of a high-profile company Hacken

An exclusive interview with Vera Voron, CEO of the marketing and PR agency for Web3 Creators Agency, and Dyma Budorin, CEO and co-founder of Hacken, a leading blockchain cybersecurity company. 

Hacken specializes in smart contracts, blockchains, dApps, tokenomics, bug bounty programs, and other auditing services for Web3 projects. They have a portfolio boasting audits for renowned projects like Binance and NEAR Protocol. 

Dyma shares insights of growing Hacken to a top blockchain security auditor with 1,000+ clients. 

Watch the full interview on YouTube and subscribe to Vera Voron: Web3 marketing channel for more updates from Web3 innovators!

The brand new newsletter with insights, market analysis and daily opportunities.

Let’s grow together!

😁 Arthur Hayes believes in memecoins

Arthur Hayes – American entrepreneur, co-founder, and former director of cryptocurrency exchange BitMEX, believes that meme tokens should not be considered “useless”

Entertainment projects can be a “positive” for the blockchains they run on, attracting new users and developers, Hayes stated during his interview with Raoul Paul, the CEO of Real Vision.

🐂 People don’t believe in the bull market, but that’s a very good sign

Has the bull market gone bust after Bitcoin’s +144% price increase since October 15? If the sentiment of the majority is to be believed, the belief has weakened considerably. According to Santiment, historically, a decline in long-term optimism increases the likelihood of continued market growth.

💰 BNB Chain has set aside $1M for rewards for memecoin developers

How to participate in the “BNB Chain Meme Innovation Battle”:

  • Complete at least one security audit and open-source the project on BscScan. 
  • The total locked liquidity (including locker contract’s amount and dead address’s amount) must exceed 25% for at least half a year. 
  • The number of valid new meme holders must be over 1,000. 
  • You must have a social media account, including but not limited to Telegram and Discord community. 
  • Public pre-sale projects are ineligible to participate. 
  • If your meme token has not been deployed on BSC yet, it’s not an issue. Simply deploy it before the campaign ends to participate in the competition. Here is the guidance to deploy a token on BSC. 
  • If you are introducing a new meme asset, simply publish it before the end of the campaign to qualify for participation in the contest.

🤡 There will never be a shortage of fools

The URF memecoin team collected 2,400 SOL (about $450,000) at the pre-sale and stopped communicating with its community, soon abandoning the project’s social networks. Now, the URF creators use the money raised to trade memecoins on the Solana network.

👋 Binance is delisting DREP, MOB, PNT

Just a quick reminder: the exchange will delist and cease trading on all trading pairs for the following tokens at 2024-04-03 03:00 (UTC) – DREP (DREP), Mobilecoin (MOB), pNetwork (PNT)

🔑 Key crypto market highlights (April 3-10)

💲 Ideas

[1] 🔔 XION has announced a new funding round

XION is a modular L1 blockchain on the Cosmos SDK framework and uses the Comet BFT consensus algorithm, which ensures native compatibility of XION with the Cosmos network ecosystem. The project announced a new $25M funding round from Multicoin Capital, Animoca Brands, and Arrington XRP Capital. Cumulatively it has raised $36M. 

What you can do?

  • Register on the site and verify Email.
  • Complete quests in the Explore tab and mint NFT.
  • After reaching the required amount of XP, mint badges in the Leaderboard tab.
  • All actions take place in the testnet, the project processing costs are zero.

[2] 🔔 LTC’s breakthrough ahead?

Litecoin seems to be following a pattern from its earlier days, suggesting a big surge ahead. Looking at the charts, it could hit $10,000, which sounds crazy, but that’s what the data indicates, according to Bitgolder’s analysis

On March 29, it hit $106. On April 1, the market looks set to soar, with Litecoin possibly following a similar pattern seen in Bitcoin to Turkish Lyra exchange. Corrections and patterns repeat across all timeframes and assets. On April 2, Litecoin dipped to $98 before rebounding, signaling a shift from Bitcoin to altcoins. Dogecoin holders might flock to Litecoin soon.

Litecoin appears promising, possibly forming a bullish pattern. If it follows through, it could reach $145. Expect some choppiness, but overall bullishness heading into April.

*Any technical analysis, in the long run, cannot accurately predict the movement because now is a very tough market and the news can swing currencies in all directions.

[3] 🔔 Early Adopter campaign from Umoja Protocol

Umoja Protocol is a smart-money protocol that develops tokenized trading strategies (Synths), and allows you to hedge your positions and open puts and calls-based busts. The beta version of the protocol was launched on February 24 on the Arbitrum network and already has over $4.5M in volume. Project co-founder Robbie Greenfield previously worked at ConsenSys and has held leadership positions at Social Impact, Cisco, and Amazon. Umoja Labs has raised $5.5M funds from Coinbase Ventures, Quanstamp, Blizzard Fund, and other funds. The project will have its own UMJA token, which is planned for this summer. 

Now the project is holding an Early Adopter campaign with $100,000 UMJA.

How to participate

  • Get 5 roles, 4 of which can be obtained via Guild.
  • Researcher – you need to mint an article on Mirror.
  • Listener – attend at least one AMA on Link3.
  • Quester – complete an assignment on Galxe.
  • Umo Pro – open at least one position on their platform
  • The Umo Expert role can be obtained by completing quests on Zealy.
  • After getting all 5 roles, post a message in the #Early-Adopter thread in their Discord
  • Get Early Adopter NFTs, which are traded on OpenSea with a floor of 0.011 ETH.
  • Also, you can expect a drop for using the platform itself, opening hedge and boost positions. You need to have USDC in the Arbitrum network to open positions.

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