Key Preview for Next Week
October 28
(21:30) Grass's first round of airdrop will start on October 28；
October 29
Magic Eden: TestME claim eligibility will be announced soon, running from October 29 to 31；
COOK token claim will go live on Mantle Network and is expected to be listed on October 29；
October 30
(20:30) The U.S. will announce the preliminary annualized quarterly GDP for Q3；
Binance Blockchain Week will be held in Dubai, CZ will attend as an individual；
Base will activate "proof of fraud" on the mainnet on October 30；
November 1
(20:30) The U.S. will announce the non-farm payroll data for October；
Others (Specific time not yet determined)
Daily Event Details
October 28
Grass's first round of airdrop will start on October 28 at 21:30
According to official news, Grass's first round of airdrop will start at 21:30 Beijing time on October 28, 2024. The Grass Foundation stated that GRASS Airdrop One is one of the most widely distributed airdrops in history, representing a key step towards building the first user-owned internet map.
Wayfinder will start Alpha testing on October 28
The AI interaction protocol Wayfinder, launched by the blockchain game Parallel, announced on the X platform that Alpha testing will begin on October 28, and registration is currently open.
dYdX announced on the X platform: “dYdX v3 Sunset process reminder, all trading, oracle price updates, and fund payments are scheduled to stop at 20:05 Beijing time on October 28. We encourage users to plan, close positions, and withdraw USDC from the dYdX v3 smart contract.” According to previous announcements, this change only affects dYdX v3 users, while users of dYdX Chain, dydx.trade, or v4 API are not affected.
October 29
Bitfarms has officially confirmed that it will hold a special shareholder meeting on October 29, 2024, in response to a meeting request made by Riot Platforms on June 24.
According to Bitfarms' announcement, all shareholders recorded as of the record date of September 26, 2024, are entitled to vote, but no additional action is required at this time. Bitfarms stated that a special committee composed of independent directors reviewed the meeting request with the assistance of financial and legal advisors and unanimously determined the meeting and record dates. The core agenda of this special meeting will revolve around the vote to remove the current chairman and interim CEO Nicolas Bonta, director Andrés Finkielsztain, and newly appointed director Fanny Philip, who replaced co-founder Emiliano Grodzki, who was removed by the shareholders' meeting. Bitfarms appointed Ben Gagnon as the new CEO on July 8, but he has not yet joined the board, so he is not a target for removal. Additionally, Riot Platforms nominated three candidates to join the Bitfarms board, including government and public affairs expert John Delaney, corporate governance and capital markets expert Amy Freedman, and Ralph Goehring, who has extensive experience as a CFO in the financial and energy sectors. Although Riot Platforms previously proposed to acquire Bitfarms for approximately $950 million in April, they withdrew the offer due to the "current board's lack of meaningful participation," but have since continued to increase their stake in Bitfarms, becoming its largest shareholder with approximately 14.9% ownership. (TheBlock)
Stacks plans to conduct Nakamoto upgrade around October 29
Stacks announced on the X platform that it will conduct the Nakamoto upgrade around October 29 (Bitcoin block height 867867), introducing Fast Blocks and Bitcoin finality. It is reported that Stacks core developers plan to launch sBTC this year, which will allow Bitcoin to be transferred from L1 to Stacks L2 and back.
Magic Eden: TestME claim eligibility will be announced soon, running from October 29 to 31
Magic Eden announced on X: “TestME (ME test token) will run from October 29 to October 31. It has no monetary value, but is a way for users to familiarize themselves with the token claiming process. By participating, users can also ensure their wallets are correctly linked and ready to accept official ME token claims.
According to official news, the liquid staking protocol mETH Protocol (formerly Mantle LSP) announced that the COOK token claim is expected to go live on Mantle Network and will start before being listed on exchanges. The COOK token is expected to be listed on Bybit and MEXC exchanges at 10:00 UTC on October 29, 2024 (18:00 Beijing time), with more details to be disclosed later.
Betting platform Divvy.Bet will conduct TGE on October 29
Divvy.Bet announced on X that it will conduct TGE on October 29, and users can earn DVY points by participating in betting, providing liquidity, and community activities before then.
The Arena has postponed the launch of ARENA to October 29
The Arena, a social protocol in the Avalanche ecosystem, announced on X that the launch of ARENA has been postponed to Tuesday, October 29.
Web3 platform Talent Protocol will launch TALENT token on October 29
Talent Protocol announced on X that it will launch the TALENT token on the Base chain at 20:00 on October 29. TALENT is a Basecoin designed to establish an open reputation ecosystem.
October 30
The U.S. will announce the preliminary annualized quarterly GDP for Q3
The U.S. will announce the preliminary annualized quarterly GDP for Q3 at 20:30 on October 30.
Binance Blockchain Week will be held in Dubai, CZ will attend as an individual
CZ announced on the X platform that he will attend the Binance Blockchain Week in Dubai from October 30 to 31 as an individual, which is said to be one of the largest Web3 events of the year.
Odaily Planet Daily reports that court records show former FTX executive Nishad Singh will be sentenced on October 30. He testified against FTX co-founder Sam Bankman-Fried, while another co-founder, Gary Wang, will be sentenced on November 20. (Jin Shi)
Base will activate "proof of fraud" on the mainnet on October 30
Odaily Planet Daily reports that Base officially announced on X that it will activate "proof of fraud" on the mainnet on October 30, marking a further decentralization of the network. The activation of "proof of fraud" means that anyone can monitor and challenge invalid withdrawals without permission, eliminating reliance on trusted third parties.
The Base team has been working closely with Optimism to introduce this feature to Base and ensure the secure execution of the upgrade. When the upgrade occurs, pending withdrawals will need to be re-proven.
Odaily Planet Daily reports that according to Token Unlock data, Celestia will unlock 175.59 million TIA at 22:00 Beijing time on October 30, valued at approximately $1.02 billion, accounting for 79.91% of the current circulating supply.
October 31
Odaily Planet Daily reports that DeFi protocol Elixir announced on X that it will launch the first phase of its mainnet on October 31, marking a brief phase before the mainnet launch and signaling Elixir's transition to complete decentralization. On that day, Elixir will initiate its Genesis Validator program and a timer for the public mainnet release. After a brief network stability test during this phase, control will be handed over to the community with the launch of the public mainnet. At this time, eligible users can claim ELX, run validators, or delegate ELX to existing validators. ELX will become a key component of the network, ensuring the integrity and functionality of Elixir's consensus and including governance rights for the protocol.
Additionally, Elixir announced the launch of the Apothecary mainnet phase, which will distribute 750 million potion rewards to active community participants, deUSD minters/holders, and order book LPs over the next 10 months before the public mainnet goes live.
Tomarket will conduct TGE on October 31
Odaily Planet Daily reports that Telegram & TON ecosystem application Tomarket plans to conduct the TGE event for the $TOMA token on October 31 at 23:59 (GMT+8), using a tiered system to assess user activity for token distribution. Users must reach at least L4 bronze level by participating in platform activities to meet the minimum eligibility for the airdrop.
November 1
The U.S. will announce the non-farm payroll data for October
Odaily Planet Daily reports that the U.S. will announce the non-farm payroll data for October at 20:30 on November 1.
Aethir Foundation will increase ATH rewards from November 1, 2024, to June 2025
Odaily Planet Daily reports that the Aethir Foundation announced an increase in ATH rewards, allowing users to earn an average of 100 ATH tokens daily from each eligible Aethir Edge device connected to the network (based on uptime and bandwidth) from November 1, 2024, to June 2025. This initiative aims to incentivize more users to contribute idle computing resources, enhancing the overall capacity and performance of the network.
The Aethir Foundation announced that to further enhance the capabilities of the Aethir Edge network and support the growing demand for decentralized edge computing, ATH rewards will be increased. This program is supported by the Aethir Edge computing network, focusing on enterprise social media and AI. Aethir Edge provides a decentralized platform that distributes computing resources across various devices in the network, offering users a more efficient and cost-effective alternative to traditional centralized cloud computing. APhone is one of the use cases for Edge, powered by Aethir's decentralized infrastructure, and is a device-agnostic Web3 Cloud Phone that can access social media platforms and DApps with low latency, securely and efficiently. Cloud Phone is a key area that Aethir is developing, leveraging its decentralized edge network to improve scalability, privacy, and reduce costs for both individual and enterprise users.
November 2
Solana on-chain mining project Ore: ORE v1 tokens must be upgraded to the new version by November 2
Odaily Planet Daily reports that the Solana on-chain mining project Ore stated on X that over 11,000 OREv1 tokens (55%) have been upgraded to the new version of ORE. Remaining v1 token holders must complete the upgrade by November 2. After this date, old OREv1 tokens will no longer be eligible for upgrade.
Yesterday, Ore announced the establishment of Regolith Labs and completed a $3 million seed round of financing, led by Foundation Capital, with participation from Colosseum, Solana Ventures, B+J Studios, Dead King Society, and 3KVC.
November 3
Memeland hinted that Stakeland may launch on November 3
Odaily Planet Daily reports that Memeland posted on the X platform, "3/11, MemeCoin; 11/3, Stakeland," possibly hinting that Stakeland will launch on November 3.
It is reported that Stakeland is an internal project launched by Memeland, which has not yet been released, only disclosing that the project will "make cryptocurrency staking fun" and is currently undergoing internal testing.
Others (Specific time not yet determined)
Odaily Planet Daily reports that U.S. Judge Lewis Kaplan sentenced SBF's ex-girlfriend and former Alameda Research CEO Caroline Ellison to two years of federal imprisonment.
Ellison will begin her sentence in early November and will be sent to a minimum-security prison. The judge approved Ellison's request to serve her sentence in a prison near Boston, close to her family.
She must also participate in a restitution process to return all funds recovered from the fraud to the victims of the FTX collapse. Ellison invested most of her savings into FTX, made no effort to recover any funds, and forfeited her largest holding—a $10 million investment in AI giant Anthropic. (Fortune)
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