Hawex
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๐Ÿ”ฅ Let's welcome #Contest from HAWEX called "Seed phrase Part 2"

Easy rules:
1๏ธโƒฃ Check Chat for seed words. Example: "satoshi"
2๏ธโƒฃ Collect 10 words in the right order within Tuesday & Wednesday.
3๏ธโƒฃ Post the whole seed phrase of 10 words here in the chat.

๐Ÿฅ‡First member to send correct phrase gets 10$

p.s. all seed words from now on count for both seed phrase contests.

LET'S GO! ๐Ÿ”ฅ
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Hawex
๐Ÿ”ฅ Let's welcome #Contest from HAWEX called "Seed phrase Part 2" Easy rules: 1๏ธโƒฃ Check Chat for seed words. Example: "satoshi" 2๏ธโƒฃ Collect 10 words in the right order within Tuesday & Wednesday. 3๏ธโƒฃ Post the whole seed phrase of 10 words here in the chat.โ€ฆ
Let's talk about #cryptowinter & how to stay mentally stable during this bear market.

First, experts say the following:

"Since you rolled out of bed, how many times have you checked the price of bitcoin?
How often have you checked your portfolio? If the answer is greater than zero, you might be doing it wrong"


But what can you do aside from analysis to stay on top of your portfolio and be productive in the bear market?

Read this ๐Ÿ‘‡

https://telegra.ph/cryptowinter--how-to-stay-mentally-stable-during-this-bear-market-08-09

Tell us what makes #YOU productive in the comments ๐Ÿ’ช๐Ÿ’ช๐Ÿ’ช
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#STAKING

Alright, so perhaps, you know about staking and you wish to boost your portfolio value.
That's a great start, yet what to do and how?
๐Ÿ‘‡
That's the real question...your safest bet in terms of security would be centralized exchange..just like binance, crypto dot com and coinbase.
The exchange will stake the tokens on the users' behalf and ask for a commission in exchange for the staking services.
For example, Binance, the biggest crypto exchange, allows users to stake their tokens for a locked period or in a liquid way, depending on their preference and yield appetite.

What if I like high-risk โ€” high-reward thing?
You better check the highest yield % on the market, for example, here โ€” criffy dot com.
In seconds you can choose desired platform, currency and lock period. Just as everywhere else โ€” criffy is a content aggregator, so cannot substitute for pro advice and independent verification. It is crucial to do your own research before making any investment, 100% ๐Ÿ™‚

NOTE! While chasing high interest rates, yields โ€” you got to keep in mind that, in general as a rule, the higher the percentage for staking or farming, the faster the inflation of the coin happens AND, in short, super-high or guaranteed interest is the first sign of a pyramid or ponzi scheme. Don't run for 30% APY when there are 0 reviews of a platform you found somewhere in the internet!

NOTE #2 called "Risks of Staking"
๐Ÿ‘‡
Despite the benefits of crypto staking for earning passive income, there are several risks to be aware of.
HAWEX says these are the major ones :

1๏ธโƒฃ Crypto prices are relatively volatile, which means they can depreciate quickly. In the event that your assets drop by a sizable amount, you may not earn enough interest to outweigh your losses.

2๏ธโƒฃ While itโ€™s possible to โ€œunstakeโ€ your crypto earnings, doing so can take at least seven days for certain platforms.

3๏ธโƒฃ If you want to use some of the top staking coins, itโ€™s important to understand that these coins will remain locked for some period of time.

p.s. DYOR!
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#ThrowbackThursday

News you might miss, yet #HAWEX reminds you:

1๏ธโƒฃ dYdX confirms blocking user accounts tied to Tornado Cash.
Derivatives protocol dYdX confirmed on Thursday morning that it blocked user accounts that previously interacted with Tornado Cash, in line with new US sanctions.
2 min read.

Followed by ๐Ÿ‘‡

2๏ธโƒฃ Tornado Cash hit by 79% decline in deposits as users rush for the exit.
Tornado Cash saw a massive decline in deposits and an increase in withdrawals after it was sanctioned by the US Treasury. Since the sanctions came down, just $6 million has been deposited into the protocol, according to data from Research. This represents a 78.5% decline compared to the same length of time during the previous week.

3๏ธโƒฃ Any #ETH lovers? Okay
Ethereum core developers suggest tentative dates for The Merge:
The discussions suggest the Bellatrix upgrade will target September 6 while the Paris upgrade will aim for September 15.
2 min read.

Followed by ๐Ÿ‘‡

4๏ธโƒฃ Ethereum Price Soars as โ€œMergeโ€ Upgrade Comes Even Closer.
The price of Ethereum ($ETH) has spiked by more than 14% over the course of 24 hours, according to CoinMarketCap data. Goerli recently became the third Ethereum testnet to transition to the proof-of-stake algorithm. This was the final dry run before the much-anticipated merge upgrade that is expected to take place in September.
3 min read.
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Monday #DIGEST !

1๏ธโƒฃ โ€œThe smartest thing you could do is sell all of your $10 trillion in gold and invest in Bitcoin. Gold is a dead rock. Itโ€™s the worst-performing asset, no debate.โ€ โ€” Saylor, CEO of MicroStrategy during an interview with Stansberry Research on Saturday.

HAWEX ๐Ÿ’ญ: Not today, Saylor! ๐Ÿ‘‡

The market capitalization of #BTC is frequently compared to that of gold. As of this writing, Bitcoin has a market cap of $460 billion, a far cry from the yellow metalโ€™s total value of $12.3 trillion as of March 2 of this year.
Also, MicroStrategy lost $919 million, $917 million of which is digital currency investments ๐Ÿ™‚

2๏ธโƒฃ Identifying whatโ€™s really in store for Bitcoin miners right now:
a) minersโ€™ overall revenue seemed to increase compared to June
b) decline in stress levels
a) + b) = this suggests that whilst stress remains in the industry, the worst may well be behind us.
3 min read.

3๏ธโƒฃ Top #Gainers of Week Ending Aug 15:
Celsius (CEL) +181%
Ankr (ANKR) +40%
Nexo (NEXO) +34%
Shiba Inu (SHIB) +21.72%
Huobi (HT) +21%

Guess what: The native token of bankrupt crypto lender Celsius Network was the biggest gainer last week, gaining 181% over seven days. The rally was largely fuelled by a retail-driven short squeeze, with following "#CELShortSqueeze" hashtag on Twitter.
2 min read.

4๏ธโƒฃ Gamers? ๐Ÿ‘‡
Blockchain gaming titan partners with chess Grandmasters to build a chess-inspired game.
The new partnership will attract gamers who play chess to blockchain gaming, and vice versa, while the Play Magnus Group will send out invitations to the worldโ€™s best chess players, asking them to support and advise on the deployment of chess engines.
3 min read.

5๏ธโƒฃ Bitcoin Will Have to be A Part of Any Portfolio: Ex-President of NYSE, he adds:
"Bitcoin is trusted, itโ€™s largely censorship-resistant. There will only and ever be 21 million Bitcoin."
HAWEX ๐Ÿ’ญ: DYOR and check the sources your read.

Btw, the full interview of ex-President of NYSE.
5 min read.

Top-3:
๐Ÿฅ‡ BTC โ€” $24,095
๐Ÿฅˆ ETH โ€” $1,896
๐Ÿฅ‰ BNB โ€” $316
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MARK THE DATE โ€” August 19 โ€” HAWEX #AMA!

AMA will take place in the HAWEX official Telegram group at 15:00 UTC.

๐Ÿ”ˆIlya, CCO & Vlad, Commercial Director.

๐Ÿ‘‡ Write down your own questions to speakers in the comment section to this post.๐Ÿ‘‡

All answered questions get 2 USDT๐Ÿ’ฐ
FCFS.

All are welcomed! ๐Ÿ™‚

#AskMeAnything #HAWEX
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Live stream scheduled for
Welcome all new #hawex_members and see you tomorrow at our AMA session!
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RAID @ICODrops WITH US โ€” SUPPORT HAWEX AMA

#Raid_Contest:
๐Ÿฅ‡2 random winners โ€” 5$ x2


Rules:

1๏ธโƒฃ Make a tweet to this ICODROPS' post with a MEME about HAWEX.

2๏ธโƒฃ Tag twitter.com/hawexdao and AMA link.

3๏ธโƒฃ Use #hawexdao

4๏ธโƒฃ 2 prizes of 5$ for 2 random #hawex_members with proofs in this chat.


๐Ÿฅ‡total of 10$

๐Ÿ“Œ Proofs = send your tweet ss as a reply to this post.

๐Ÿ”น Proofs (tweets) accepted exclusively today, only before 15:00 UTC.

Support #HAWEX!
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Hawex pinned ยซGuys join us!ยป
Live stream finished (39 minutes)
Forwarded from Hawex Chat
SECRET CONTEST FOR 5$

in 3...2...1!

Let's check how many #hawex_members play #GAMES ๐Ÿ‘‡๐Ÿ‘‡๐Ÿ‘‡

1๏ธโƒฃ Reply to this post with 3 games' images you play online with friends ๐ŸŽฎ

2๏ธโƒฃ Comment why these games are fun ๐Ÿ˜Ž

3๏ธโƒฃ Random winner - random.org

30 minutes for entries.

#Feedback_Contest_Games
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Welcome to our weekly Monday #DIGEST

We wrapped the best stories here in the article ๐Ÿ‘ˆ.

Enjoy and have a blast of a week!

Top-3:

๐Ÿฅ‡ BTC โ€” $23,233

๐Ÿฅˆ ETH โ€” $1,567

๐Ÿฅ‰ BNB โ€” $295
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We just launched our very first retweet contest.

10 random winners will get 5$ each. Don't miss your chance!

Participate https://twitter.com/hawexdao/status/1561730457565290497

#retweet_contest
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HAWEX IS HUNTING! ๐Ÿฆ…

#Moderators & #Content_makers & #Shill_activists are Wanted!

This is a great opportunity to be at the forefront of fine DAO project and to work in a global, dedicated team across all our channels (Discord, Twitter, Telegram).

๐Ÿ’ฐ One of your key goals is to ensure our community is educated, engaged, and excited to be a part of this historic project.

DM George for more info ๐Ÿ”ฅ
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Eth2, Ethereum 2.0, ETH 2.0โ€ฆ

The project has been called many names in the past, but recently this year the ETH community settled on the โ€œMerge.โ€

What exactly do people mean by the merge?

1๏ธโƒฃ First, it's a historical event, most simply, the merge is a long-planned Ethereum upgrade aimed at improving the network. We can finally see the results of many years of coding & blockchain research.
Once the merge is complete, the Ethereum mainnet will shift away from proof of work and instead adopt the Beacon Chainโ€™s proof-of-stake mechanism.

โ”Btw, Whatโ€™s proof of stake?
Proof of stake (PoS) is a type of consensus(how a blockchain governs itself) mechanism that differs from the traditional proof-of-work (PoW) one.

2๏ธโƒฃ Why is the merge such a big deal?
For one, Ethereum is the most-used blockchain and powers Ether, the second-largest cryptocurrency, with a $200+ billion market cap. Ethereum also hosts numerous decentralized applications (dApps) and decentralized finance (DeFi) protocols and establishes the authenticity of millions of NFTs.
HAWEX ๐Ÿ’ญ: it means the outcome of the merge will affect not just the Ethereum blockchain, but a wide range of products and services that rely upon it, worldwide.

3๏ธโƒฃ It's super controversial ๐Ÿ‘‡
On the one hand, the switch to proof of stake will affect thousands of people who mine Ether, many of whom have expended significant capital in the endeavor.
On the other hand, proof of stake can make Ethereum more centralized and less secure, and point to the dominance of a few entities holding staked Ether (Ether deposited on the Beacon Chain).
As data firm Messari has pointed out, #LidoFinance ๐Ÿณ controls a whopping 31.2% of all staked Ether on the Beacon Chain, while #Coinbase ๐Ÿณ controls 14.7% and #Kraken ๐Ÿณ 8.5%.
Source

๐Ÿ“Œ Bonus: any risk of a 51% attack on ETH?
In the event of someone to take over more than half the computing power of the network, and tamper with the blockchain record to steal tokens.
HAWEX ๐Ÿ’ญ: Well, Buterin himself doesnโ€™t see a 51% attack as โ€œfatal".
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