πŸš€ TikTok wants to bring this Cryptocoin to the Moon...🌝

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πŸš€ TikTok wants to bring this Cryptocoin to the Moon...🌝

Also, please check your coins before you buy them. And be aware of all the scammers tool of the tricks, Offensive Defense nawimsayin...

Happy Midweek, Geckos!


There are 2 things that Tiktok is undeniably good at; cringe and meme. What happens when TikTok meme meets Meme Crypto? This monstrosity.


Now, as for the question of "should you join in on the hype or put a 10x short position?" That's really up to you. (Our team members each have different long and short Doge positions respectively, so there really is no consensus as to what we can tell you to do)

However, we do advise you (and perhaps any of your normie friends on Tiktok) to perform due diligence about any coins you're about to buy or short. And for that, CoinGecko.com is the website you can always go to.


On another note about coin-doubling scams; "Joe Rogan" is apparently "giving away" 5000 BTC to "support the awareness of crypto", and you will Please don't. Or at least, feel free to donate to the CoinGecko Donation Address. Then you would know that your coins have been put to good use paying for our lunch (Thanks!)

Enjoy Today's read!

In conjunction with the upcoming release of our second Quarterly Report for 2020 and recent Trust Score update with cybersecurity metrics, CoinGecko is back with Virtual Meetup #4!


CoinGecko Q2 Crypto Report Presenting


Bobby Ong (Co-Founder, CoinGecko) will be going in-depth into the key findings in CoinGecko's Q2 Report.


Cybersecurity: Are Crypto Exchanges Doing Enough?


Crypto exchanges hold millions (or billions) of dollars of user funds, making them prime targets for hackers. Without the right cybersecurity practices, they are prone to hacks or exploits, resulting in losses of user funds.


Cybersecurity has far-reaching implications for the crypto exchanges and the crypto sphere as a whole. When done right, the community benefits from a safer and more mature industry.


TM Lee (Co-Founder of CoinGecko) will be discussing with cybersecurity expert, Dyma Budorin (CEO of Hacken Group), on the state of cybersecurity in crypto. They will also be touching on the steps exchanges can take to improve their security, the implications of security versus convenience for users, and more.


Date: Wednesday, 15 July 2020
Time: 10:00 - 11:15AM EST (GMT -4) [Check your local time]

Sign up now to reserve your seats!

24h Hot searches worldwide πŸ‘€

New Kyber Upgrade Deployed to the Ethereum Mainnet


Kyber Network has just launched the Katalyst Protocol Upgrade and KyberDAO on mainnet, their blog post announced.

Keeping up with the DeFi wave, Kyber Network put Katalyst in play to help with KyberDAO's liquidity, the post said. 

Investors can now stake KNC and voting on KyberDAO to receive Ethereum payouts for helping run the system.


CoinTelegraph

Warning: Fake Tokens on Uniswap Are Trying to Cash in on DeFi Hype


Scam tokens are a growing problem on the decentralized exchange and liquidity pool Uniswap.


Numerous warnings has been issued about tokens targeting major DeFi Dapps including Curve Finance, 1inchExchange, Tornado.Cash, and dYdX and others.


The platform's users are increasingly calling for more stringent vetting to be introduced.


(Editor: Apparently, we at CoinGecko also fell prey to these scam token phenomenon. If you see someone selling CoinGecko Candies ERC, RUN!)


CoinTelegraph

Users Surge but Just Five DeFi Projects Account for 94% of Locked Funds

According to data published by Dune Analytics, the total number of DeFi users was just shy of 240,000 as of July 6.


Despite the surge in users, five projects account for 94% in Total Locked Value (TVL).


DeFi TVL has also exceeded $2 billion just six months after breaking above $1 billion for the first time.


(Editor: Is this a demonstration of the Power Law in a in unrestricted environment where natural human tendencies can flourish?)


CoinTelegraph

Difficulty

In the context of Bitcoin's proof-of-work system, the difficulty is a relative measure on how difficult it is to correctly guess a new block though the mathematical equation performed.


In Bitcoin, the difficulty is adjusted periodically based on the amount of hashing power (computing power) on the network.


Learn more terms with the CoinGecko Glossary

Read more on CoinGecko

Track us everywhere.

Stay connected with us.



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