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News
Congressman Ritchie Torres: SEC Chair Gensler 'Intent on Sabotaging' Crypto Industry
Sen. Casey rolls out bills to protect workers from AI surveillance and 'robot bosses'
The Jackson Pollock Studio’s First NFT Collection Sold Out in Mere Hours, Raking in More Than $450,000
Over just a few months, ChatGPT went from correctly answering a simple math problem 98% of the time to just 2%, study finds
Orgasm NFTs? NARS Cosmetics Brand Reveals Eyebrow-Raising Art Auctions
Amazon to launch pay-by-palm technology at all Whole Foods stores by year-end
Elon Musk says Tesla will spend $1 billion to build a ‘Dojo’ A.I. supercomputer—but it wouldn’t be necessary if Nvidia could just supply more chips
Polygon Reveals Proposed Governance Changes Ahead of Version 2.0 Transition
Floor App Reveals Ethereum NFT Art Drops Exclusively on iOS and Android
Shared Web3 user base could power new social app integrations — Aave CEO
Team Finance Now Integrated into Tezos Ecosystem for Streamlined Token Project Creation
Solana Foundation, Polygon Lead $30M Fundraise for Web3 Firm Cosmic Wire
Moonbirds Mythics NFTs Begin Reveal That Will Last at Least 200 Days
Art
プãƒã‚»ã‚¹
Faivem
Price 3.69 ꜩ$3.17 edition of 10
The forgotten treehouse
Yazuu
Price 2.99 ꜩ$2.57 edition of 15
Standing Eagle II
David Lennard
Price 1.00 ꜩ$0.86
Wallet Security
We had a space this morning, this is the link to it. I also made a little breakdown of wallet security.
Use Reputable Wallets: Always choose a well-reputed wallet. Be wary of new or unfamiliar wallets, as these can often be a scam.
Keep Private Keys Private: Never share your private keys with anyone. This is equivalent to giving someone complete access to your home.
Backup Your Wallet: Make sure you back up your wallet and keep the backup in a safe place. In case you lose access to your wallet, this backup can help you recover your funds.
Hardware Wallets: Consider using hardware wallets for storing your cryptocurrency, especially if you're dealing with significant amounts. These wallets are generally considered more secure because they are less susceptible to hacking.
Multi-Signature Wallets: For added security, consider using multi-signature wallets. These require multiple private keys to authorize transactions, making it harder for unauthorized individuals to gain control over your funds.
Use Wallets with Updated Software: Always ensure that your wallet software is up-to-date. Updated software often contains security patches to fix vulnerabilities.
Regularly Monitor Your Wallet: Regularly check your wallet for any unauthorized transactions. In case of any suspicious activity, take immediate action.
Computer Security
Use Strong and Unique Passwords: Using strong and unique passwords can reduce the risk of hacking. Avoid using easily guessable passwords.
Two-Factor Authentication: Enable two-factor authentication on every service that allows it, including your email accounts.
Keep Your Software Updated: Always keep your computer's software, including your browser, antivirus software, and operating system, up to date. Regular updates often include important security patches.
Install a Reliable Security Suite: Install reliable security software that includes antivirus, anti-malware, and firewall protection.
Be Cautious with Email and Messages: Phishing attempts often come through email. Be cautious of any emails asking for personal details or directing you to suspicious websites.
Secure Your Wi-Fi Network: Always use strong, unique passwords for your Wi-Fi networks. Keep your router's software up to date and consider using a VPN.
Regularly Back up Your Data: Regular backups can help you recover your data in case of a malware attack or if your computer is compromised.
Educate Yourself: Stay informed about the latest cybersecurity threats and how to deal with them. This is especially important in the rapidly evolving world of Web3.
Web3 Specific
Beware of Phishing Attacks: Be careful with applications asking for your private keys or mnemonic phrases. Legitimate apps will never ask for these.
Interact with Verified Smart Contracts Only: Smart contracts can have vulnerabilities, and they can also be fraudulent. Only interact with those contracts which have been audited by reputable firms or have a proven track record.
Use Reputable Decentralized Apps (dApps): Only use dApps that have a good reputation and a large user base. Be wary of new dApps that have not been thoroughly tested or reviewed.
Keep Track of Gas Fees: Ethereum transactions require gas, which can be expensive. Be aware of the current gas prices before making a transaction.
Understand the Protocol: Before interacting with a DeFi protocol, take the time to understand how it works. If you can't understand it, it's better not to invest your assets.
Remember, the world of Web3 and decentralized finance is still relatively new and evolving rapidly. Stay safe and be vigilant.
Hot vs Cold
Hot Wallet
A hot wallet is a cryptocurrency wallet that is connected to the internet. These wallets are typically easier to set up and convenient for quickly accessing your cryptocurrency. The main advantage of hot wallets is their usability. They allow for a range of transactions, such as trading on exchanges and paying for goods and services, to be carried out quickly and easily.
However, because they are connected to the internet, hot wallets are more vulnerable to cyber-attacks, hacking, and potential theft than cold wallets. Examples of hot wallets include online wallets, software wallets on your computer or smartphone, and wallets provided by crypto exchanges.
Cold Wallet
A cold wallet, on the other hand, is a cryptocurrency wallet that is not connected to the internet. Cold wallets store your cryptocurrency offline, making them more secure than hot wallets because they are immune to cyber-attacks and hacking attempts from the internet.
Cold wallets are typically used to store large amounts of cryptocurrency that you don't intend to use or move frequently. They are a bit like a savings account, while hot wallets are more like a checking account. Hardware wallets (like Ledger or Trezor) and paper wallets (where private keys are printed on a piece of paper) are examples of cold wallets.
Understanding this is important as well as vital.
The decision to engage with Web3 technologies should be based on a careful analysis of these potential risks and rewards. It's also crucial to keep in mind that the landscape of Web3 is rapidly evolving, with new developments occurring all the time.
Today's Mantra:
Embrace the present, seize the possibilities
Today, adopt a mindset of being fully present, seizing opportunities, and fostering positivity. Embrace the power of living in the present moment, appreciating the opportunities that arise, and maintaining a positive outlook. Allow the mantra to remind you to be mindful, proactive, and open to the possibilities that come your way.
By embracing the present, you can make the most of each moment, fully engage in your activities, and appreciate the richness of your experiences. Seizing opportunities involves taking proactive action and being receptive to new possibilities. Foster positivity by maintaining an optimistic attitude and cultivating gratitude for the blessings in your life.
Let this mantra and mindset guide your day, helping you to stay grounded, seize opportunities with enthusiasm, and approach challenges with a positive and proactive attitude.
90’S Movie recommendation
True Lies (1994)
Action comedy film directed by James Cameron and starring Arnold Schwarzenegger and Jamie Lee Curtis was released on July 15, 1994.
Positive communities to connect with:
cryptocoffeepod.nft @CryptoCoffeePod ran by Jess @CryptoNCoffeee
If you're interested in learning about the latest developments in tech and web3, then you definitely don't want to miss out on these amazing spaces and podcasts. They're a great way to stay up-to-date with the most cutting-edge trends and ideas in the industry.
I highly recommend checking out the shows on Friday mornings, as well as any other times that they're available. You can find more information about these events by checking out their thread or following their social media accounts.
UNDRGRND
IRL Gallery + NFT Marketplace + Publication:
http://undrgrnd.io
Great connector of the Art community. Go grab a membership for future drops. Growing and positive builder pushing forward the ethos
EverRise Community
I highly recommend EverRise to anyone looking to get involved in DeFi. Their platform is easy to use, secure, and offers a wide range of features and benefits that can help users maximize their investments. If you're looking to start building with EverRise today, you're making a wise choice that will surely pay off in the long run!
Thank you for listening. Times can make us or break us. Allow it to make us. Have a most wonderful day and always stay in from of the Alpha.
CK News NFT Podcast