Daily Crypto NewsEDITION #801, 04 August 2023

Trait Sniper - watch out!

Today in 1901, Louis Armstrong was born. Ah, our whole life is jazz! However, you must agree the sound of transactions hitting the wallet sounds way more melodious.

Project news: 

– Check your drop from CyberConnect via the link

– BASE activities are listed below in the digest

– LayerZero sent $1m to the Wintermute team. Many are anticipating this will be a retrodrop, but it's more likely payment for other services

– Litecoin has undergone a halving

Here's a post about a project that started distributing tokens for Twitter. Honestly, it's tiring to dig into all of this, so we're just going to throw out some facts:

– Twitter streets suggest the project might be a scam. The scam itself may happen right when the token trading begins, i.e., on August 5th at 12:00 UTC 

– So, be careful with this $TS! Do not click any links and use burn wallets only 

BASE does have the potential to showcase something interesting.

– Coinbase announced they are launching Onchain Summer. This gathering will bring together various projects and personalities who will be creating things on BASE. It will last several weeks.

– The official mainnet launch of BASE will be on August 9th

– What can already be done:

- Deposit (and withdraw lol) your ETH into the BASE through the official bridge

- Complete quizzes on galxe and earn NFT

- Complete quests from Layer3 (only the first one for now, more will appear with the start of Onchain Summer)

- Mint an NFT for Onchain Summer

Interesting points:

- BASE tagged a bunch of people in their tweet. There's Coca-Cola, OpenSea, AnotherBlock, and lots of other projects. It should be interesting.

- Why Onchain Summer started in August…