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- Scroll Airdrop Details Revealed: Claim Oct 22nd
Scroll Airdrop Details Revealed: Claim Oct 22nd
🎁 Scroll's First $SCR Airdrop
7% of $SCR Tokens Allocated: Scroll's first airdrop, announced on Oct 21, 2024, will distribute 7% of $SCR to reward the community. Tokens will go to organizers, developers, and contributors who helped build and support the ecosystem across various initiatives.
55M $SCR For Onchain Users: 55M $SCR (5.5% of total supply) is allocated to users with 200+ Marks, taken from an Oct 19 snapshot. A 10M $SCR flat boost will ensure wide distribution, and a 5M $SCR bonus rewards ENS holders, Gitcoin donors, and other active users.
Airdrop Claim Opens October 22: Eligible users can claim $SCR starting Oct 22, 2024, until Jan 20, 2025. Visit the claim page for secure access. Scroll also invites participation through its Delegates Portal, encouraging users to shape future network governance. Read More.
️ On today's Top Picks:
- ⛏️ Bitcoin $BTC hash rate hits new all-time high.
- 🚀 Yuga Labs launches ApeChain; TVL crosses over $35m.
- 💰 Northern Data considers selling Bitcoin mining unit.
- 👾 Transak suffers data breach affecting over 92k users.
Read time: ⏰ 7 minutes
Crypto News
• ⭐️ Bitcoin $BTC hash rate hits new all-time high.
• Stripe acquires stablecoin platform Bridge for $1.1 Billion; crypto industry's largest acquisition ever.
• Vitalik Buterin publishes Possible futures of the Ethereum protocol, part 3: The Scourge.
• Ripple Co-Founder Chris Larsen donates $10m of $XRP to US Presidential Candidate Kamal Harris.
• ⭐️ Yuga Labs launches ApeChain, a Layer 3 network developed on Arbitrum; ApeCoin $APE surges ~100% & TVL crosses over $35m.
• Digital Assets saw $2.2b of inflows last week; largest inflows since July.
• Coinbase files two new sets of FOIA requests to get clarity on how regulatory agencies are approaching digital assets.
• Do Kwon's Extradition sees a total of 23 developments; most recently Do Kwon's extradition was paused following an appeal.
• 1xBet Crypto Casino allegedly rigged matches & operates in countries where it is blanket banned.
Alpha
• Zircuit launches first batch of migrations to Zircuit L2; migrated assets earn boosted staking rewards & airdrops.
• Corn launches support for Solv Protocol's $solvBTCBBN; earn 1.5x Corn Kernels & 1x Solv Protocol XP; & 1x Babylon points.
• Corn launches support for Usual's $USD0++; earn 1.5x Corn Kernels & 3x Usual Pills.
• Jumper launches support for Bitcoin; powered by THORChain $RUNE.
• Catalyst teases announcement coming on October 23rd.
• Unlonely to launch $BOO token, a content token powering all future shows.
Airdrops
• ⭐️ Scroll $SCR Airdrop details announced by Olimpio.
• Weekly Airdrop Updates by Earndrop.
• GVRT Airdrop Strategy by Earndrop.
• PumpFun to launch token in the future.
• Jupiter launches Active Staking Rewards; 50M $JUP & 7.5M $CLOUD distributed to active voters.
• Grass Network launches $GRASS Airdrop eligibility & allocation checker.
• SkyArk Chronicles to airdrop 500 TENJIN NFTs to Coral Phone holders.
Finance News
• Legal & General Investment Management to explore tokenizing its funds using blockchain tech.
• ⭐️ Northern Data considers selling Bitcoin mining unit to focus on AI; Tether recently backed Northern Data's $233m stock issuance.
• Ionic Digital revives IPO plans after hiring new independent auditing firm; holds ~$142m of Bitcoin.
• Revolve Labs to build $40-$60M AI data center; follows recent decision to withdraw mining expansion proposal.
• BitRiver to build mining data centers in BRICS nations with Russian Direct Investment Fund involvement.
• World Gold Council reveals BRICS countries control over 20% of world's gold reserves.
• Chinese Banks slash lending rates as Beijing pushes ahead with stimulus measures to revive economic growth.
• Fidelity International to cut ~500 jobs in China; reported in March to cut ~1k jobs globally.
• China & India end dispute regarding Himalayan border; a key agreement ahead of BRICS Summit.
• US Department of Commerce reportedly probes TSMC over secret Huawei deals.
Security and Exploits
• SlowMist publishes Weekly Security Report; over $55m in reported losses.
• Angel Drainer takes over entire Inferno Drainer project.
• ⭐️ Transak suffers data breach affecting over 92k users; names, DOB, ID documents, & user selfies accessed.
• Ambient Finance recovers domain after it was temporarily hijacked again; frontend is safe to interact with.
• ZachXBT exposes 0xjaypeg on X for lying to the community.
• Bitdefender & Trend Micro release security updates patching multiple vulnerabilities.
• APT41 hackers target gambling & gaming industry in sophisticated cyber attack.
Token Unlocks
• Cardano $ADA / ~$7m / OCT 22nd
• Galxe $GAL / ~$1m / OCT 22nd
• EigenLayer $EIGEN / ~$4m / OCT 22nd
• Ethena $ENA / ~$5m / OCT 23rd
Sourced from Tokenomist
Funding
• Canyon Network raises $6m in funding.
• ZEROBASE raises $5m in funding.
• Echo Protocol raises an undisclosed amount in funding led by The Spartan Group.
The Degen Farmer
Top stablecoin yield farms of the day, more than $3,000,000 in TVL. DYOR and step up your farming game!
PROTOCOL | ASSETS | APY |
---|---|---|
Pearl V2 (Re.al) | ARCUSDUSDC | 89.00% |
Tangible Arcana (Re.al) | ARCUSD | 50.46% |
Pendle (Ethereum) | SYRUPUSDC | 22.72% |
Notional V3 (Ethereum) | NUSDC | 22.49% |
Indigo (Cardano) | IUSD | 19.70% |
MIM Swap (Arbitrum) | MIMUSDC | 18.39% |
Anzen V2 (Ethereum) | SUSDZ | 17.48% |
Synthetix V3 (Base) | USDC | 17.14% |
🟢 Polynomial Superchain Is Live |
Trade 2.0: Polynomial recently introduced Trade 2.0, their flagship decentralized leverage trading platform offering gasless trading, cross-margin capabilities, and more. $BTC, $ETH, $SOL, $PEPE, $WIF, $SUI, and $AAVE markets are live with more markets coming soon!
Trading Points: Polynomial distributes 1,000,000 trading points daily! Allocation of trading points is based on factors such as trading volume, OI rebalancing, or [redacted].
Trading Fest🟢: From October 1st to December 31st, Polynomial will distribute 150,000 Optimism $OP tokens to traders on Polynomial trade. In addition, traders can earn other token rewards, a chance to win exclusive NFTs, and more surprises that will be shared soon.
That’s it for today’s edition! See you soon.
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