• BEN Beats
  • Posts
  • 🥁 How This Trader Turned $500 into $1 Million in 24 Hours

🥁 How This Trader Turned $500 into $1 Million in 24 Hours

Curve Finance hacked for $41 million, SEC had asked Coinbase to halt everything except Bitcoin, and more!

Author

The BEN Team
July 31, 2023

Read time: 4 minutes

GM fam! Never a quiet day in crypto 🥁 Here’s the playlist for today:

  • Take Blockchain Courses ⭐

  • Should You Be Early to zkSync? 🥁

  • Trending News 🗞️

  • Upcoming Events & Promo Codes 💫

  • Tweet of the Week 🐦

  • New Remote Jobs 💼

  • Resources to Get Crypto Smart 🧠

Take Blockchain Courses ⭐ 

Join our new BEN Learn platform and take Bitcoin & Basics, Intro to the Metaverse, Solidity Fundamentals, Crypto Taxes, and more! Also comes with access to our jobs board and events calendar!

🥁 Should You Be Early to zkSync?

The truth about blockchain these past few cycles is that it simply wasn't good enough to support the mass adoption needed to justify its prices.

While revolutionary at the time of their creation, Bitcoin and Ethereum suffer from scalability issues, which hindered the mass adoption needed to justify its prices. These include slow transaction times on Bitcoin and high transaction costs on Ethereum.

While both chains are constrained in their throughput of transactions, one of the proposed solutions to scale are Layer 2 platforms. These include zkSync, Optimism, and Arbitrum, and these chains can significantly increase the scalability of Ethereum.

So in this video, we’re showing you step-by-step how to bridge tokens from Ethereum to zkSync. zkSync is a Layer 2 scaling solution for Ethereum that operates on ZK rollup technology.

With a possible airdrop coming, you definitely want to be early to the zkSync ecosystem!

Meme Break 😌

🗞️ Trending News

Curve Finance loses $41 million as hackers exploit the Vyper bug
An unexpected exploit shook Curve Finance, one of the leading DeFi platforms, leading to a jaw-dropping loss. Get ready to delve into the intricacies of this crypto catastrophe and its ripple effects on CRV's price.

SEC Chair Expresses Disappointment over Ripple Lawsuit, Investors Look to Monero and InQubeta for Growth
When the world of cryptocurrency collides with legal proceedings, the results can be utterly unpredictable. Now, investors have set their sights on Monero and InQubeta following the SEC Chair's disappointment over the Ripple lawsuit.

MEV bot runner 'c0ffeebabe.eth' returns $5.4 million amid Curve exploit
In a surprising twist amid the chaos of the Curve exploit, 'c0ffeebabe.eth', a MEV bot runner, returns an astonishing $5.4 million. How did it all transpire?

SEC asked Coinbase to halt trading in everything except Bitcoin, CEO says
Just when you thought you knew the crypto scene, the SEC stirs the pot, requesting Coinbase to pause all trading except for Bitcoin. Revealed by none other than Coinbase's CEO, this startling directive could have far-reaching consequences. If you're as intrigued as we are, there's more to the story here.

Trader Turns $500 to Million-Dollar Fortune With BALD Memecoin on Coinbase’s Blockchain
Imagine turning a few hundred into a fortune? One daring trader has managed to do exactly that, with the BALD memecoin on BASE, Coinbase’s blockchain. If your curiosity is piqued, you'd certainly want to find out how this insane tale unfolded.

Upcoming Events & Promo Codes 💫

Tweet of the Week 🐦

New Remote Jobs 💼

Resources to Get Crypto Smart 🧠

  • Web3 Daily - The latest Web3 news, but translated into plain English, so anyone can understand it.

  • Ponder Crypto - A weekly email that will entertain and educate readers on all things crypto in just 5 minutes!

  • Alts.co - a newsletter about investing in alternative assets like art, LEGOs, NFTs, farmland, and more!

  • Early Bird - Join over 1000 investors to learn about stocks, cryptocurrency, and crowdfunding in 3 minutes or less

  • Morning Brew - The daily email that delivers the latest news from Wall Street to Silicon Valley

Get Your Project in Front of Crypto OG's ⭐

Founded in 2014, we have one of the longest-running and most engaged audience of 50k+ across our newsletter and socials, including investors, traders, founders, and developers all hungry to master blockchain. Get in front of them before we run out of spots!

Looking for a Co-Founder or Investors? 🤝

Looking for co-founders, investors, advisors, or more? Join BEN Learn and we'll do our best to match you amongst our network of 7,000+ members!

Disclaimer: This newsletter is purely educational and is not intended to be financial advice. Please don't take it as such. This is not an invitation to buy or sell digital assets, nor does it suggest how you should make financial decisions. Always do your own research.

This newsletter contains affiliate links for which we earn a commission.$10