What to watch next week｜CZ will make his first public appearance after being released from prison; Grass airdrops will be available (10.28-11.3)
Next week's highlights
October 28
(21:30) The first round of Grass airdrop will start on October 28 ;
October 29
Magic Eden: TestME qualifications will be announced soon and will run from October 29th to 31st ;
COOK token claims will be launched on Mantle Network and are expected to be listed on October 29 ;
October 30
Binance Blockchain Week will be held in Dubai, and CZ will attend in his personal capacity ;
Base will activate “Fraud Proof” on the mainnet on October 30 ;
November 1
(20:30) The United States will release October non-farm payrolls data ;
Others (specific time undetermined)
Daily event details
October 28
The first round of Grass airdrop will start at 21:30 on October 28
According to official news from Odaily Planet Daily, the first round of Grass airdrops 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, and Airdrop One represents a key step towards building the first user-owned Internet map.
Wayfinder will start alpha testing on October 28
Odaily Planet Daily News: The Wayfinder Foundation, an AI interaction protocol launched by the blockchain game Parallel, announced on the X platform that the Alpha test will start on October 28 and registration has begun.
Odaily Planet Daily News dYdX posted on the X platform: "dYdX v3 Sunset process reminder, all transactions, oracle price updates and fund payments are scheduled to stop at 20:05 Beijing time on October 28. We encourage users to make plans to close positions and withdraw USDC from dYdX v3 smart contracts." According to the previous announcement, this change only affects dYdX v3 users, and users of dYdX Chain, dydx.trade or v4 API are not affected by this change.
October 29
Odaily Planet Daily reported that Bitcoin mining company Bitfarms has officially confirmed that it will hold a special meeting of shareholders on October 29, 2024. This move is in response to the meeting request made by Riot Platforms on June 24.
According to the Bitfarms announcement, all shareholders who are on record on the record date of September 26, 2024 are entitled to participate in the vote, but no additional action is required at this time. Bitfarms said that a special committee composed of independent directors of the board of directors reviewed the meeting request with the assistance of financial and legal advisors and unanimously determined the meeting and record dates. The core issues of this special meeting will revolve around the removal of current chairman and interim CEO Nicolas Bonta, director Andrés Finkielsztain, and the vote of new director Fanny Philip. The latter 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 of directors and is therefore not a target for removal. In addition, Riot Platforms nominated three candidates to join the Bitfarms board of directors, 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 of listed companies in the financial and energy fields. In addition, although Riot Platforms proposed to acquire Bitfarms for approximately US$950 million in April, it withdrew the offer due to "lack of meaningful participation from the current board of directors", but has since continued to increase its holdings in Bitfarms and has now become its largest shareholder, holding approximately 14.9% of the shares. (TheBlock)
Stacks plans to perform Nakamoto upgrade around October 29
Odaily Planet Daily News Stacks announced on the X platform that it will carry out Nakamoto upgrade around October 29 (Bitcoin block height 867867), introducing fast blocks (Fast Blocks) and Bitcoin finality. It is reported that Stacks core developers plan to launch sBTC this year, which can transfer Bitcoin from L1 to Stacks L2 and back.
Magic Eden: TestME eligibility will be announced soon, and will run from October 29th to 31st
Odaily Planet Daily News Magic Eden said in a post on X: "TestME (ME test currency) will run from October 29 to October 31. It has no monetary value, but it is a way for users to familiarize themselves with the token claim process. By participating, users can also ensure that their wallets are correctly linked and prepared to accept official ME token claims.
COOK token claims will be launched on Mantle Network and will be listed on exchanges on October 29
Odaily Planet Daily reported that according to official news, the liquidity staking agreement mETH Protocol (formerly Mantle LSP) announced that the COOK token application is planned to be launched on the Mantle Network and will be launched before the exchange is listed. It is reported that the COOK token is planned to be listed on Bybit and MEXC exchanges at 10 am UTC time on October 29, 2024 (18:00 Beijing time). More details will be disclosed later.
Betting platform Divvy.Bet will hold TGE on October 29
Odaily Planet Daily News: Betting platform Divvy.Bet posted on X that it will conduct TGE on October 29. Before that, users can earn DVY points by participating in betting, providing liquidity, and participating in community activities.
The Arena postpones ARENA launch to October 29
Odaily Planet Daily News: Avalanche ecological social protocol The Arena published a message on X stating that the launch time of ARENA has been postponed to Tuesday, October 29.
Web3 platform Talent Protocol will launch TALENT tokens on October 29
Odaily Planet Daily News Web3 platform 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 that aims to build an open reputation ecosystem.
October 30
Odaily Planet Daily reported that the United States will announce the preliminary value of the annualized quarterly rate of real GDP in the third quarter at 20:30 on October 30.
Binance Blockchain Week to be held in Dubai, CZ will attend as an individual
Odaily Planet Daily News CZ posted on the X platform that he will attend the Binance Blockchain Week held in Dubai from October 30 to 31 as an individual. It is reported that this is one of the largest Web3 events this year.
Odaily Planet Daily News Court records show that Nishad Singh, a former executive of the cryptocurrency exchange FTX, will be sentenced on October 30. He testified against FTX co-founder Sam Bankman-Fried, and another co-founder Gary Wang will be sentenced on November 20. (Jinshi)
Base will activate “fraud proof” on the mainnet on October 30
Odaily Planet Daily News Base officially announced on X that it will activate "fraud proofs" on the mainnet on October 30, marking the further decentralization of the network. The activation of "fraud proofs" means that anyone can monitor and challenge invalid withdrawals without permission, thereby eliminating reliance on trusted third parties.
The Base team has been working closely with Optimism to bring this functionality to Base and ensure the safe execution of the upgrade. When the upgrade occurs, pending withdrawals will need to be re-proven.
According to Token Unlock data, Celestia will unlock 175.59 million TIA at 22:00 Beijing time on October 30, worth approximately US$1.02 billion, accounting for 79.91% of the current circulating supply.
October 31
Odaily Planet Daily News: DeFi protocol Elixir announced on X that it will launch the first phase of the mainnet on October 31st. This is a short stage before the launch of the mainnet, marking the beginning of Elixir's transition to full decentralization. On that day, Elixir will start its Genesis Institutional Validator Program and the timer for the public mainnet release. After a short network stability test in this stage, control will be handed over to the community as the public mainnet goes online. At this time, eligible users can claim ELX, run a validator, or delegate ELX to an existing validator. ELX will become a key component of the network and will ensure the integrity and functionality of the Elixir consensus, including governance rights for the protocol.
In addition, Elixir also 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 launch.
Tomarket will hold TGE on October 31
Odaily Planet Daily News Telegram & TON Ecosystem Application Tomarket plans to conduct a TGE activity for the token $TOMA at 23:59 (GMT+8) on October 31, and will use a rating system to evaluate user activity to distribute tokens. Users who reach at least L 4 Bronze level by participating in platform activities can meet the minimum qualifications for airdrops.
November 1
US to release October non-farm payrolls data
Odaily Planet Daily reported that the United States will release October non-farm employment data at 20:30 on November 1.
Aethir Foundation will increase ATH rewards from November 1, 2024 to June 2025
Odaily Planet Daily reported that the Aethir Foundation announced the increase of ATH rewards. From November 1, 2024 to June 2025, users can earn an average of 100 ATH tokens per day for each eligible Aethir Edge device connected to the network (based on uptime and bandwidth). This initiative aims to encourage more users to contribute idle computing resources and enhance the overall capacity and performance of the network.
The Aethir Foundation announced that it will increase ATH rewards to further enhance the capabilities of the Aethir Edge network and support the growing demand for decentralized edge computing. The program is powered by the Aethir Edge computing network and focuses on enterprise social media and AI. Aethir Edge provides a decentralized platform that distributes computing resources across devices in the network, providing users with a more efficient and cost-effective alternative to traditional centralized cloud computing. APhone is one of the use cases of Edge, powered by Aethir's decentralized infrastructure. It is a device-agnostic Web3 Cloud Phone that can access social media platforms and DApps with low latency, security, and high performance. Cloud Phone is a key area of development that Aethir is focusing on, leveraging its decentralized edge network to improve scalability, privacy, and reduce costs for individual and enterprise users.
November 2
Odaily Planet Daily News Solana on-chain mining project Ore published a post on X stating that more than 11,000 ORE v1 tokens (55%) have been upgraded to the new version of ORE. The remaining v1 token holders must complete the upgrade before November 2. After this date, the old ORE v1 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 3 KVC.
November 3
Memeland once posted a message suggesting that Stakeland may be launched on November 3
Odaily Planet Daily reported that Memeland posted a message on the X platform: "3/11, MemeCoin; 11/3, Stakeland", which may imply that Stakeland will be launched on November 3.
It is reported that Stakeland is an internal project launched by Memeland. It has not been launched yet. It is only disclosed that the project will "make cryptocurrency staking interesting" and is currently undergoing internal testing.
Others (specific time undetermined)
Odaily Planet Daily reported that US Judge Lewis Kaplan sentenced SBF's ex-girlfriend and former Alameda Research CEO Caroline Ellison to two years in federal prison.
Ellison will begin serving 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 Boston prison near her family.
She must also participate in a restitution process to return all funds recovered from the fraud to victims of FTX’s collapse. Ellison invested the vast majority of her savings in FTX, made no effort to recover any of her funds, and gave up her largest holding, a $10 million investment in artificial intelligence giant Anthropic. (Fortune)
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