This Week's News Preview | Trump's family crypto project WLFI is about to go public; deBridge and Puffer will launch airdrops; Scroll plans to conduct an airdrop snapshot.

Organized by: Fairy, ChainCatcher

Key News:

October 14 (Monday)

Trump family's crypto project WLFI will livestream details of the public sale on October 14

The Trump family's crypto project World Liberty Financial (WLFI) will start a livestream at 20:00 Beijing time on October 14, during which it will introduce:

WLF team and advisors;
Exclusive insights from special guests;
Why WLF is disrupting the industry;
Details of the public sale.

Soneium will announce the winners of the incubation plan on October 14, with direct investment in some winning projects

The Soneium Layer2 project announced that it will reveal the winners of the Soneium Spark incubation plan on October 14. Projects that can bring exceptional value to the Soneium community will receive investment opportunities from Soneium. The investment will focus on projects that closely align with its vision, have a significant impact in the target market, and can address major challenges. Investment decisions will be made through collaborative discussions with qualified teams to ensure alignment and long-term success.

DeepBook will open the airdrop claiming website

The Sui liquidity protocol DeepBook announced that the DEEP token will launch on October 14, with the claiming website opening at 17:55 Beijing time. DBClaimNFT holders can destroy their NFTs on the claiming website to receive the DEEP airdrop, and the DEEP token will be publicly issued at 18:00 on centralized and decentralized exchanges.

October 15 (Tuesday)

Anti-crypto senator will debate crypto-friendly lawyer on October 15 and October 17

According to Cointelegraph, anti-crypto U.S. Democratic Senator Elizabeth Warren and crypto-friendly Republican candidate John Deaton will hold two debates on October 15 and October 17 ahead of the 2024 election. New England Public Media and GBH News will host the debates in Springfield on October 17, and Warren and Deaton will also debate on WSBK-TV in Boston on October 15. It is unclear whether digital assets will be a topic of discussion between the two candidates. GBH News has stated that it will not share these topics in advance.

During her tenure, Warren has been outspoken in criticizing cryptocurrencies, linking digital assets to funding illegal activities. Deaton is a lawyer who supports Ripple and other crypto companies facing lawsuits from the U.S. SEC. Several polls in September showed Warren leading Deaton by over 20 percentage points, and many expect this to be a referendum on cryptocurrency policy. Deaton has stated on social media that the SEC is "pushing an anti-crypto agenda" through enforcement actions and has criticized SEC Chairman Gary Gensler.

ether.fi re-staking rewards will launch on October 15

ether.fi announced on the X platform that re-staking rewards will launch on October 15. Stakers holding weETH or eETH can earn staking, re-staking, and Season4 rewards (ether.fi points).

Starting October 15, eETH holders will receive the first batch of re-staking rewards in the form of LRT² tokens. The rewards program will be distributed linearly every Thursday, and users holding weETH or eETH will automatically receive LRT².

Trump family project WLFI: Public sale will open to whitelist users on October 15

The Trump family project World Liberty Financial (WLFI) announced on the X platform that "the public sale will begin on October 15, open to all eligible whitelist participants."

Puffer Finance airdrop will be available for claiming on October 15

Re-staking protocol Puffer Finance announced that its native token PUFFER will begin airdrop on October 15, 2024, at 07:00 (UTC+8), and the airdrop event will last until January 15, 2025, at 07:00 (UTC+8).

The total supply of PUFFER tokens is 1 billion, of which 7.5% will be used for the Crunchy Carrot Quest Season 1 airdrop, allowing community users to participate and vote on the future direction of the protocol. Additionally, Puffer will allocate 1% of the token supply to the Ethereum core development team to support its four-year development plan. PUFFER is the core of all products in the project, including the world's first permissionless LRT and a fast Rollup solution based on UniFi.

Viction plans to conduct a hard fork upgrade on October 15, increasing the total supply of VIC to 210 million

Viction announced on social media that its upcoming hard fork will increase the total supply of VIC from 100 million to 210 million, expected to be implemented on October 15, 2024. This change will be distributed over 16 years. In this hard fork, 20 million VIC will be added to the circulating supply on October 15, 2024, supporting the first round of the ecosystem plan for Q4 2024.

The community will vote on how to use these funds, focusing on main node incentives and an ecosystem fund for strategic cooperation, research and development, and support for developers and the community.

October 16 (Wednesday)

Crypto exchange Fairdesk customers must clear accounts by October 17

Singapore-based crypto exchange Fairdesk recently announced that it will permanently close all services on November 30, 2024. Customers must clear their accounts by October 17, at which point futures and spot positions will be closed, and the platform will only retain withdrawal functionality, which will continue until November 30.

New York Times: Trump agrees to participate in Fox News' "town hall meeting" in Georgia on October 16

According to the New York Times, former U.S. President Trump has agreed to participate in Fox News' "town hall meeting" in Georgia on October 16.

October 17 (Thursday)

deBridge announces DBR airdrop will launch on October 17, 2024

Cross-chain interoperability protocol deBridge announced that the DBR airdrop will launch on October 17, 2024.

Web3 game Seraph will conduct a snapshot on October 10 and officially start a new round of PTR testing on October 17

The large Web3 game Seraph announced that it will officially start a new round of PTR testing on October 17, 2024, at 11:00 (UTC+8), in preparation for the upcoming S1 official season and will introduce launch code rules for the PRT test and S1 season.

The launch code rules state that only users holding equipment NFTs, SPP, and PFP will receive a launch code based on a 1:1 ratio according to the number of assets held, with the snapshot time set for October 10, 2024, at 16:00 (UTC+8). Additionally, the official announcement indicates that the launch code can be used for both the PTR test and the S1 season, requiring activation only once. Accounts that start during the PTR testing phase will receive additional rewards in the S1 official season. After the PTR test concludes, the launch code can still be used as a gift code to claim exclusive rewards in the S1 official season.

ApeCoin DAO community plans to dissolve four non-essential working groups, proposal voting will end on October 17

According to information from the Snapshot governance page, ApeCoin DAO has initiated proposal AIP-466, aimed at closing non-essential working groups. Based on the proposal, it is expected that four working groups will be dissolved (with an annual expenditure of nearly $3 million), which are:

Dissolution of the Governance Working Group: This group is primarily responsible for formulating guidelines and the governance working group charter (AIP-239);
Dissolution of the Marketing and Communications Working Group: This group is mainly responsible for the working group charter - Marketing and Communications (AIP-246);
Dissolution of the Metaverse Working Group: This group is primarily responsible for the Metaverse working group charter, etc. (AIP-245);
Dissolution of the Web3 Development Working Group: This group is mainly responsible for the working group charter - Web3 Development (AIP-376).

It is reported that the voting end date for this proposal is October 17, with the current approval rate at 98.19%.

198th Ethereum ACDE Meeting: Pectra Devnet 4 may launch before October 17

Christine Kim, Vice President of Research at Galaxy, summarized the 198th Ethereum Core Developer Execution (ACDE) conference call, where developers discussed EIP 7782 and 7783 that may be included in Pectra. The former proposes to reduce the slot time from 12 seconds to 8 seconds, while the latter suggests adopting a new mechanism to increase the block gas fee limit.

Developers have not yet decided whether to include these two mechanisms in Pectra or future upgrades; the deadline for submitting the Pectra system contract audit proposal is October 11, with accepted proposals to be confirmed by October 22 at the latest; developers decided to include the EIP 6110 update in Devnet 4; developers agreed to try to launch Pectra Devnet 4 before the core developers consensus (ACDC) conference call on October 17;

Additionally, developers are considering public Pect

October 18 (Friday)

Binance will support the mainnet swap of Orion (ORN) and brand upgrade to Lumia (LUMIA)

Binance will support the mainnet swap of Orion (ORN) and the brand upgrade to Lumia (LUMIA).

Binance will stop trading and delist all existing ORN spot trading pairs (ORN/BTC and ORN/USDT) at 11:00 on October 15, 2024 (UTC+8), and will automatically cancel all open orders. The LUMIA/USDT spot trading will open at 17:00 on October 18, 2024 (UTC+8).

October 19 (Saturday)

Cardano founder will meet with the President of Argentina on October 19 to discuss cryptocurrency economy

Cardano founder Charles Hoskinson will meet with Argentine President Javier Milei to discuss the cryptocurrency economy. Charles Hoskinson will attend the Argentine Technology Forum and engage in dialogue with the president on October 19 to discuss the future of blockchain.

Charles Hoskinson hopes to discuss the potential of blockchain to change global economic, political, and social systems. He will also raise questions such as Argentina's values and needs in the technological context, whether the country has chosen the path of Central Bank Digital Currency (CBDC), and what kind of partners it has to rebuild the economy.

Scroll plans to conduct an airdrop snapshot on October 19, with claiming starting on October 22

Scroll announced the token distribution details, with a total supply of 1 billion SCR tokens. The airdrop snapshot date is set for October 19, 2024, and the token release and airdrop claiming time is October 22, 2024.

Specific time not yet determined

Yala completes $8 million seed round financing, testnet to be launched next week

According to The Block, Bitcoin ecosystem stablecoin developer Yala has completed an $8 million seed round financing, led by Polychain Capital and Ethereal Ventures, with participation from Galaxy, Anagram, ABCDE, Amber Group, HashKey Capital, Satoshi Lab, and UTXO Management.

It is reported that Yala's mission is to connect Bitcoin with major ecosystems through stablecoins as a medium, enhancing Bitcoin's liquidity. Its modular architecture allows Yala to deploy across EVM-compatible platforms (such as Ethereum) and non-EVM systems (such as Solana), thereby enhancing Bitcoin's composability and promoting the development of an open Bitcoin DeFi ecosystem. According to official sources, Yala's testnet will be launched next week.

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