Velvet Capital New Achievement: $2,011,667 TVL Secured (dou | Crypto With Azam on Binance Square

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Velvet CapitalNew Achievement: $2,011,667 TVL Secured (doubled in 10 days)🚀
We're doubling (2x) the airdrop until the TVL is $5m - hurry up! 👀
#VelvetCapital
#airdrop

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Ethereum is gearing up for its inaugural hackathon featuring a substantial $2 million reward pool aimed at conducting the most extensive community-driven security audit of its blockchain codebase to date. Dubbed the "Attackathon," this four-week challenge will task security researchers with actively seeking vulnerabilities in Ethereum's protocol. Participants must adhere to specific competition rules, with rewards reserved for impactful and compliant vulnerability reports.The event kicks off with a technical walkthrough of Ethereum's codebase to equip participants with the necessary skills to identify and comprehend potential vulnerabilities. Following the conclusion of the Attackathon, bug bounty platform Immunefi, serving as the event's host, will compile all findings into a comprehensive report detailing discovered vulnerabilities.Immunefi has contributed $500,000 to the prize pool and is urging sponsors to raise an additional $1.5 million by August 1st to further support the initiative. The Ethereum Protocol Security (EPS) research team plans to organize similar hackathons coinciding with every hard fork that introduces changes to Ethereum's codebase.Ethereum's upcoming "Pectra" hard fork, expected to launch later this year or early next year, integrates the "Prague" and "Electra" upgrades. Among its anticipated updates is a "social recovery" feature designed to potentially replace the traditional 24-word private wallet key, enhancing user convenience with smart contract-like functionalities.Hackathons are a staple in the tech industry, and within the crypto realm, they serve as vital platforms for identifying and addressing security issues. Numerous blockchain projects, including Ethereum, regularly engage in such events alongside ongoing bug bounty programs aimed at incentivizing ethical hacking practices rather than malicious activities. #etheriumbreakout $ETH

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Cryptocurrency markets have seen recent declines, but analysts anticipate a resurgence to kick off a new bull market phase. Bitcoin (BTC), the leading cryptocurrency, dropped below $60K in early July, pulling down several altcoins like Shiba Inu (SHIB), AVAX, LINK, and DOT.Despite market pessimism, analysts foresee a potential bull run pushing global market values to record highs. Analyst Wizard Crypto predicted BTC could peak at $150,000, echoing projections by Standard Chartered, which suggested BTC might hit $150K by 2024 and $250K by 2025.Wizard Crypto also forecasts significant gains across other cryptocurrencies. Ethereum (ETH) could surpass $10,000, BNB may settle at $1,500, Solana (SOL) might reach $500 with ETF speculation, and Dogecoin (DOGE) could hit $3. Shiba Inu (SHIB) is notably predicted to surge by 1,600%, potentially reaching $0.003 and reclaiming a top 10 market cap status. #shiba⚡

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$LUNC has faced a bearish trend recently due to overall crypto market corrections driven by $BTC sell-offs. As of now, its price has dropped by about 15% over the past week, trading at approximately $0.00007106 as of July 4, 2024. Despite this decline, $LUNC remains a small-cap altcoin with a fully diluted valuation of around $480 million and a daily trading volume of about $33 million. There are signs pointing to a potential recovery, including a bullish reversal pattern forming in the daily charts, suggesting a possible significant increase in the coming months. #LuncReachOneDollar

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Here's how to make money with Binance Red Packet:Sign up and verify your Binance account.Maintain a minimum balance of 100 USDT or equivalent.Navigate to Binance Earn and choose "Red Packet".Select your preferred cryptocurrency for rewards (e.g., USDT, BTC, BNB).Choose a lock-up period (1, 7, 15, or 30 days).Confirm your investment amount and click "Subscribe".Receive daily rewards based on your chosen lock-up duration.Monitor and withdraw earnings to your Binance account or another wallet.Tips to maximize earnings:Opt for longer lock-up periods for higher interest rates.Invest more to earn larger rewards.Reinvest earnings to benefit from compound interest.Stay updated on market trends for informed investment decisions.Note: Binance Red Packet terms and rewards are subject to change.

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According to Foresight News, 1kx has raised $75 million in its latest funding round from a16z co-founder Marc Andreessen, Accolade Partners, and Galaxy Digital. a16z partner Chris Dixon is also one of the limited partners in the fund, with Accolade being a major investor in the new fund.

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