Celestia Mainnet & Airdrop Expected To Launch Tomorrow

🍬 Celestia Mainnet and $TIA Token Debut

Celestia's mainnet is expected to launch tomorrow alongside the $TIA token. KuCoin, Bybit, and Binance are all set to list Celestia $TIA for trading at specified times.

Celestia is airdropping 60 million tokens, equivalent to 6% of the 1 billion total supply, to Ethereum Layer 2 users, Cosmos Hub and Osmosis stakers, and developers. Tokens will be sent directly to users’ wallets.

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Trick-or-treating with Celestia.

☕️ On today's Top Picks:

📰 Crypto News

• Connext alongside many other crypto entities sign a unified letter calling for open bridge standards. The call originates after LayerZero deployed a proprietary representation on wstETH to Avalanche, BNB Chain, and Scroll without support/approval from the Lido DAO.

• VanEck, a global investment manager; predicts the price of Solana $SOL could reach more than ~$3K by 2030 in a bull case scenario.

• Thailand’s Kasikorn Bank (K-Bank) buys majority stake in Satang cryptocurrency exchange for $103 million. Satang will rebrand to Orbix once the deal is complete.

• UK government publishes final proposals for cryptocurrency and stablecoin regulation. The proposals will be phased into regulation beginning in early 2024.

• Avalanche Snowtrace by the Etherscan team will be discontinued from November 30th. Avascan poised to be the replacement.

• Gitcoin Grants 19 (GG19) is now open for applications. Applicants must apply by November 8th for a guaranteed review before GG19 starts.

⚡ Alpha

• Nocturne to release public instructions on how to contribute to Nocturne's trusted setup soon.

• Solana Breakpoint conference begins today until November 3rd. Large announcements have been made at previous Solana Breakpoints.

🪂 Airdrops

• Alpha Insiders posts thread about Forge, a Web3 gaming platform that just raised $11 million.

• Crypto Snooper posts Scroll airdrop strategy thread on X.

• Wagame posts thread on Aevo, a derivatives L2 backed by Paradigm, Dragonfly, and Coinbase.

📰 Finance News

• US President Biden set to unveil executive order which will consist of wide ranging action on artificial intelligence (AI).

• JPMorgan strategists advise shorting European banks as bond yields peak.

• Deutsche Bank to close nearly half of Postbank branches after issues with its online offerings. Deutsche-branded branches will also be scaled back.

🛡 Security and Exploits

• ZachXBT alerts anyone who may have stored their seed phrase or private keys on LastPass to migrate their cryptocurrency assets immediately.

Token Unlocks

• Sui / 38.62M $SUI / ~$18.01M / OCT 30

• dYdX / 2.16M $DYDX / ~$5.37M / OCT 31

• Acala / 27.42M $ACA / ~$1.44M / NOV 01

• Tornado Cash / 22.84K $TORN / ~$69.99K / NOV 02

• Liquity / 657.35K $LQTY / ~$1.16M / NOV 04

• Galxe / 7.61M $GAL / ~$10.51M / NOV 05

💰 Funding

• Surf Protocol, a permissionless derivative exchange; raises $3 million in funding led by ABCDE Capital.

• Baseflow, a citizenship by investment platform; raises $2.5 million in funding.

• Access Protocol, a content monetization platform; raises $1.2 million in Seed funding round.

🌾 The Degen Farmer

Top stablecoin yield farms of the day, more than $1,000,000 in TVL. DYOR and beat the fed!

That's it for today's dose! See you soon.