Polymarket Founder Teases $POLY Token

️ On today's Top Picks:

Crypto News

• ⭐️ Polymarket raises $2B in Strategic funding from Intercontinental Exchange $ICE, owner of NYSE; values Polymarket at $9B; to launch Polymarket US soon.

• S&P Global $SPGI launches S&P Digital Markets 50 Index; consists of 15 cryptocurrencies & 35 crypto-related stocks.

• S&P Global $SPGI awards OpenEden's $EDEN BNY-managed TBILL Fund with an ‘AA+f’ fund credit quality rating & an ‘S1+’ volatility rating; TBILL now holds ratings from both S&P Global & Moody’s.

• Ethereum $ETH Foundation announces Privacy Cluster; composed of 47 top researchers, engineers, & cryptographers to expand privacy efforts.

• YZi Labs announces $1B Builder Fund for $BNB Chain developers; teams can receive up to $500K, direct access to YZi & BNB Chain core teams, and a global mentor network.

• Coinbase $COIN posts job opening for “Token & Governance Research Specialist"; recently announced plans to launch Base token.

• Polygon $POL launches Rio upgrade; introduces a new-look, rehauled with: near-instant finality, zero risk of reorgs, lightweight nodes, & path to ~5k TPS.

• Jupiter $JUP to launch $JupUSD stablecoin in Q4; built in partnership with Ethena $ENA.

Alpha

• Polymarket launches Polymarket US waitlist; register & view waitlist position; to launch soon.

• ⭐️ Hyperliquid $HYPE & Lighter launch Monad $MON perps; long or short with up to 3x leverage; currently trading at ~$13B FDV; to launch mainnet, TGE, & airdrop soon.

• MetaMask launches Perps powered by Hyperliquid $HYPE; to also launch Polymarket integration soon.

• OpenSea to launch Shipment for Coinbase $COIN One subscribers; to take snapshot on October 8th; link Coinbase One subscription to OpenSea rewards account to be eligible.

• USDai lowers points multiplier for Curve, Balancer, & Fluid LPs to 5x due to imbalance of pools; to reassess multipliers once pools rebalance.

• Farcaster launches support for Binance Smart Chain $BNB; also supports Ethereum $ETH, Base, Solana $SOL, & HyperEVM $HYPE.

Airdrops

• ⭐️ Polymarket CEO Shayne Coplan teases $POLY token on X; to potentially launch TGE & airdrop soon.

• ⭐️ Monad teasingly posts "airdrop claim loading ▓▓▓▓▓▓▓▓▓▓▓▓░ 98%" on X; to launch mainnet, TGE, & airdrop soon.

• Superform announces $UP tokenomics; 50.4% allocated for Community & Ecosystem; Superform Points holders to be eligible for airdrop.

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

• MetaMask confirms upcoming MetaMask Rewards program; to distribute over $30M in token rewards; adds "we see you" to MetaMask OGs.

Finance News

• Gold $XAU reaches new all-time high of ~$4000; Bitcoin also recently reach a new all-time high of ~$126K.

• Nvidia $NVDA to take up to $2B equity stake in xAI; part of xAI's $20B financing round.

• US SEC plans to formalize "innovation exemption" for crypto companies by the end of this year.

• ⭐️ BNY Mellon exploring tokenized deposits & blockchain payments; BNY Mellon is the world's largest custodian bank with $55.8T in assets under custody.

• Bit Digital $BTBT buys an additional 31,057 Ethereum $ETH; now holds 150,244 ETH (~$668M).

• Upexi $UPXI buys additional Solana $SOL; now holds 2,018,419 SOL (~$456M).

• CEA Industries $BNC buys additional $BNB; now holds 480,000 BNB (~$627M); acquired for ~$412.8M at ~$860 per BNB.

• US IRS to furlough nearly 50% of its staff as part of ongoing government shutdown; 39,870 (53.6%) IRS employees to remain working as shutdown continues.

Security and Exploits

• Areta launches $1M Solana $SOL Audit Subsidy Program; joint initiative with Superteam, MonkeDAO, & Nick Almond.

• OpenAI disrupts 3 clusters abusing ChatGPT for malware development; the threat actors worked around ChatGPT's refusal to produce malicious content by creating building-block code.

• Google $GOOG launches AI Vulnerability Reward Program; rewards for vulnerabilities can reach up to $30K.

Token Unlocks

• Movement $MOVE / ~$6M / OCT 09th
• BounceBit $BB / ~$8M / OCT 10th
• Home $HOME / ~$8M / OCT 10th
• Babylon $BABY / ~$15M / OCT 10th
• Linea $LINEA / ~$28M / OCT 10th
• Optimism $OP / ~$3M / OCT 10th
• Aptos $APT / ~$57M / OCT 11th
Sourced from Tokenomist

Funding

• ⭐️ Meanwhile raises $82M in funding led by Haun Ventures & Bain Capital Crypto.

• Coinflow raises $25M in Series A funding led by Pantera Capital.

• Lemon raises $20M in Series B funding led by F-Prime & ParaFi.

• 375ai raises $10M in funding led by Delphi Digital, Strobe Ventures, & Hack VC.

• Grass $GRASS raises $10M in funding from Polychain Capital & Tribe Capital.

• Takenos raises $5M in Seed funding led by Lattice & Variant.

• Crunch raises $5M in funding led by Galaxy & Road Capital.

The Degen Farmer