Sup, nerds!

Here’s what you’re getting in today’s edition:

• 💅 This is cool: Yeesh! Can we get a little privacy?

• 🔎 This seems important: What's pumping these old projects?

• 🤝 Partner: Hands down the laziest ways people are making extra cash​

• 🔪 Let's dissect this: Protect yourself from this Telegram vulnerability

Terms used in this edition (click for an explanation, or ask Web(GPT)3!):
Stablecoin, Bull Run, Bear Market.

💅 This is cool:

Yeesh! Can We Get a Little Privacy, Please?

In one sentence: Archblock’s ‘1USD’ is a privacy-focused stablecoin that is fully compliant with regulatory requirements (i.e. you won’t get sanctioned for using it).

Before you say anything — we know…

Writing a feature article about a stablecoin under the heading ‘This is cool’ feels like a stretch.

So we’ll start with this:

How would you feel if tomorrow, anyone (and we mean anyone) that you transacted with via debit or credit card could then see and track your finances?

We’re talking: your barista, your landlord, that Nigerian Prince you kindly helped back in the early 2000’s…

They can all see how much money you have (have had), and where you’re spending it — all in real-time.

You’d be fuming right? (We’re all used to having a certain level of financial privacy, and we’re not about to give it up).

Well, in crypto — that waking nightmare is actually a harsh reality.

And it’s exactly what Archblock’s ‘1USD’ privacy-focused stablecoin is designed to combat.

1USD offers folks the stability of a US dollar pegged crypto asset, pairs it with the privacy they expect from cash — and this is the kicker:

It’s fully compliant with regulatory requirements.

That’s a weighty feature!

Cause there’s no way on God’s green Earth that governments are going to allow cryptocurrencies that are truly untraceable to exist (we’ve already seen heavy sanctions come down on crypto privacy tech, like Tornado Cash).

Cool! So how does it work?

The 1USD token has only just been announced, so the technicals on how these ‘private-but-not-so-private-that-you-end-up-on-a-government-watch-list’ features actually work, but…

Our guess would be this:

Transactions and account balances aren’t publicly viewable. But they have an ‘audit’ switch of some sort, where with the right permissions, outside entities (e.g. the IRS) can have a little look-see (the same way they can with banks).

Does this gel with the sexy-crypto-anarchist-bad-boy-lifestyle that some crypto users like to tout?

Absolutely not.

But it solves a big glaring problem (basic privacy) — without getting you sanctioned.

And not getting sanctioned is cool as hell!

🥇 Want the news before anyone else?

🔎 This seems important:

The Lindy Effect Is Pumping Old Crypto Projects

In one sentence: The Lindy Effect is in full swing — NEO (2014) is up 33.5% in 24hrs, VeChain (2015) is up 185% in 6 months, and LoopRing (2017) moved +230% between Oct. and Mar.

So, a few years back, we thought we’d concocted this magical theory that was hyper relevant to crypto.

The idea went something like this:

If a cryptocurrency has a somewhat successful bull run, and goes on to survive the following bear market — without:

1. Absolutely cratering to near zero

2. Losing any/all plausible growth narratives (however thin they may be)

…then there’s a good chance it’s going to rebound in the next bull run — hell, it might even return to its previous all time highs!

Well, turns out our theory ain’t an original concept — it’s what’s known as the Lindy Effect — which basically means, the longer something (usually a business) has existed/survived, the harder it is to kill.

(Just look at IBM).

And the Lindy Effect is in full swing for some older, less known crypto projects of late…

Check this out:

• NEO (launched in 2014) is up 33.5% in the last 24 hours.

• VeChain (launched 2015) is up 185% in the past 6 months.

• LoopRing (launched 2017) rallied 230% between Oct. and Mar.

Now, this isn’t an endorsement on any of those projects (though we do hold some of them) — it’s more to say:

Just cause a project isn’t the hot-new-thing everyone on Twitter/X is talking about, doesn’t mean it can’t still run.

🤝 Partner:

Hands Down The Laziest Ways People Are Making Extra Cash

Feeling lazy but still want to earn some extra cash?

We've done our research and found some unusual (but legit) ways that people can stack their bank accounts without having to leave their house.

Some will help you save. Others will help you pad your wallet right away.

If your bank account could use a boost but you don't want to start a second job, then these could be right for you.

🔪 Let's dissect this:

Telegram Cyber Attack PSA and How To Protect Yourself!

In one sentence: To prevent Telegram RCE attacks, go to settings → Data and Storage → Automatic Media Download → Disable auto-download for ‘Photos,’ ‘Videos,’ and ‘Files.’

We have a safety PSA for y'all!

Telegram's media files could be corrupt. 

But, before you get in a frenzy - we have the solution for you.

Cause friends have each other's backs, and we’re all friends here!

The gist of the attack is that hackers are able to deploy a remote code execution (RCE) attack by attaching them to media files like images or videos.

As you click on them, you are allowing the malware to come into your space (not great!).

So! As a protective measure: Just disable the auto-download feature. 

Specifically on your desktop:

Go to settings → Data and Storage → Automatic Media Download → Disable auto-download for ‘Photos’, ‘Videos’, and ‘Files’ across all chat types (private chats, groups, and channels).

And, Voila. 

You, our friend, are now safe from automatically-downloaded RCE attacks on Telegram.

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