Monad Launches $MON Airdrop Portal

️ On today's Top Picks:

Crypto News

• Binance $BNB launches the Together Initiative, a $400M recovery and confidence-rebuilding plan to support users & institutions; to distribute between $4 & $6,000 in USDC to eligible users.

• ⭐️ Binance $BNB denies allegations of charging listing fees; also claims it does not profit from its token listing process.

• Coinbase $COIN adds $BNB to listing roadmap; move follows days of industry discussion over token listing standards.

• ⭐️ US Government seizes 127,271 Bitcoin $BTC (~$14B) from 'pig butchering' crypto scam; US Government now holds ~$36B of BTC.

• Ethereum $ETH Foundation deposits 2400 ETH (~$9.6M) & ~$6M in stablcoins into Morpho's $MORPHO yield-bearing vaults; also has positions in Aave $AAVE, Compound $COMP, & Spark $SPK.

• S&P Global $SPGI partners with Chainlink $LINK Labs to deliver S&P Global Ratings’ Stablecoin Stability Assessments (SSAs) onchain.

• Tether pays $299.5M to settle Celsius Network $CEL bankruptcy claims; Celsius originally sought $4.3B in damages alleging Tether improperly liquidated its Bitcoin $BTC.

• Paxos mistakenly mints $300T of PayPal's $PYUSD due to internal technical error; the PYUSD had since been burned.

• Binance completes acquisition of Gopax, a South Korean crypto exchange; Binance set to re-enter the South Korean market after shutting down local operations in 2021.

• Coinbase $COIN invests an undisclosed amount in CoinDCX at $2.45B valuation; to scale its presence in India and the Middle East.

• Kraken acquires Small Exchange, a US-licensed Designated Contract Market operator, for $100M; Kraken set to launch US derivatives trading platform.

• OKX partners with Standard Chartered; to integrate Standard Chartered’s regulated custody services into OKX’s European institutional offering.

• Japan FSA to introduce regulations that explicitly prohibit trading based on non-public information; current insider trading laws don't apply to crypto.

Alpha

• Lighter to launch Season 2 drops on Fridays starting on October 17th; distributes 250K points to compensate traders affected by the events on October 10th.

• MegaETH launches public token sale registration; offering to take place on Sonar; registration closes on October 27th.

• MetaMask to launch Polymarket integration soon; recently launched Perps powered by Hyperliquid $HYPE; to launch MetaMask Rewards at the end of October.

• Rainbow posts "...this is your final chance to stack points before the most colorful airdrop..." on X; to launch $RNBW airdrop soon; trade to earn points.

• OpenSea locks Wave 1 Rewards; to allows users to open their chests on October 17th; Wave 2 Rewards runs from October 15th to November 15th.

• Tydro, Ink’s native lending protocol, launches on Ink mainnet; powered by Aave $AAVE; deposit to earn points for future $INK airdrop.

• Gitcoin launches GG24 on Giveth; live from October 14th to October 28th.

Airdrops

• Airdrops, Checkers, & Points by Olimpio.

• ⭐️ Monad launches $MON airdrop claim (registration) portal; 5.5K community members & 220K onchain users are eligible; closes on November 3rd.

• ⭐️ OpenSea to announce $SEA TGE details by the end of this week; OpenSea Rewards program is ongoing.

• Meteora to launch $MET airdrop eligibility & allocation checker on October 16th; Meteora Points holders, Jupiter $JUP stakers, & more to be eligible.

• Babylon launches $BABY bonus airdrop eligibility & allocation checker; users who were eligible for the phase 1 airdrop, transitioned their stake before June 15th, & staked for 100 days are eligible.

• Recall launches $RECALL airdrop claim; Recall power users, crypto AI builders, crypto AI explorers, & more are eligible.

• Binance launches Yield Basis $YB HODLer airdrop; $BNB Simple Earn and/or BNB On-Chain Yields subscribers from October 9th to October 11th are eligible.

• Binance launches Enso $ENSO HODLer airdrop; $BNB Simple Earn and/or BNB On-Chain Yields subscribers from October 7th to October 9th are eligible.

Finance News

• ⭐️ US President Trump & Chinese President Xi Jinping schedule meeting in South Korea to discuss trade.

• US President Trump says he will put tariffs on anyone who joins BRICS; says BRICS is an attack on the US dollar.

• Gold $XAU reaches new all-time high of ~$4,200.

• Aurelion Global $AURE buys $134M of Tether Gold $XAUT at ~$4,021 per XAUT; becomes first XAUT digital asset treasury.

• US OCC grants preliminary banking charter approval to Erebor Bank; aims to fill the gap of Silicon Valley Bank; backed by Palmer Luckey and the firms of Joe Lonsdale & Peter Thiel.

• Bridge (Stripe) applies to US OCC for national bank trust charter; to provide regulated stablecoin issuance, management, & custody services if approved.

• Connectia Trust (Sony) files for national banking charter; to provide regulated stablecoin issuance, management, & custody services if approved.

• Bitfarms $BITF to raise $300M via convertible notes offering; to use proceeds for general corporate purposes.

• ETHZilla $ETHZ to implement 1-for-10 reverse stock split on October 20th; currently holds 102,286 Ethereum $ETH (~$413M).

• SOL Strategies $STKE buys ~88K Solana $SOL (~$17M) at ~$193 per SOL; now holds 523,433 SOL (~$102M).

• Solmate $SLMT buys ~$50M worth of Solana $SOL; Ark Invest discloses ~11.5% ownership stake in the company.

• CMB International, a subsidiary of China Merchants Bank, launches $3.8B Money Market Fund on $BNB Chain; powered by DigiFT & OnChain.

• TAO Synergies $TAOX raises $11M via private placement to buy more Bittensor $TAO; funding led by DCG, DWF Labs, & Alphabit; currently holds 42,111 TAO (~$19M).

Security and Exploits

• Microsoft $MSFT releases Windows security updates patching 175 security vulnerabilities; includes 2 zero-day flaws that are being actively exploited in the wild.

• Microsoft $MSFT Windows 10 reaches end of support; to no longer receive patches for newly discovered security vulnerabilities; users can enroll in the Extended Security Updates program.

• Pixnapping, a new Android exploit, steals user data via side-channels; expected to be patched in the December 2025 Android security update.

• Mozilla launches Firefox VPN; to initially test with small group of users; complements but does not replace Mozilla VPN.

• ZachXBT identifies one of the suspects tied to the $28M Bittensor $TAO hack from 2024.

• Typus Finance exploited for ~$3.44M due to oracle vulnerability; team discussing & formulating a plan to address the losses.

• Revoke[.]cash adds support for Plasma $XPL mainnet.

Token Unlocks

• Starknet $STRK / ~$15M / OCT 15th
• Sei $SEI / ~$12M / OCT 15th
• Arbitrum $ARB / ~$30M / OCT 16th
• deBridge $DBR / ~$21M / OCT 17th
• zkSync $ZK / ~$7M / OCT 17th
• Wormhole $W / ~$4M / OCT 17th
• ApeCoin $APE / ~$6M / OCT 17th
Sourced from Tokenomist

Funding

• Better Payment Network raises $50M in Seed funding led by YZi Labs.

• Telcoin $TEL raises $25M in Pre-Series A funding.

• Tria raises $12M in Pre-Seed & Strategic funding from several investors.

• Inference raises $11.8M in Seed funding led by Multicoin Capital & a16z Crypto CSX.

• Crown raises $8.1M in Seed funding led by Framework Ventures.

• Noice $NOICE raises an undisclosed amount in funding from Coinbase Ventures & Balaji Srinivasan.

The Degen Farmer