Juicy airdrops, early Alphas and hot news🤑
After Aptos airdrop, what's next? And, a sneak peak to what happened this month.
The Coin Weekly
October 28, 2022
October, often known as "Uptober" in the crypto trading community, has historically produced some significant gains and headlines. The market is currently all green, with Ethereum up by more than 15%, and the Aptos airdrop delighting many. Also, isn't the fact that TCW covered Aptos more than a month ago a solid excuse for you to SUBSCRIBE?🤪
In today's newsletter, let's explore:
What happened on October?
Potential airdrop opportunities.
Memes and fun.
UPTOBER
Summing up with the major happenings of the month.
DeFi
Yearn Finance launched Yearn vaults on Optimism. Source
Aptos airdropped about 20 million $APT to early network participants. Source
Clearpool launched $CPOOL staking. Source
Dogechain will burn 80% of the $DC supple. Source
PancakeSwap goes live on Ethereum. Source
PancakeSwap will deploy on Aptos. Source
India to test E-Rupee digital currency. Source
Aave community votes for deploying v3 on Ethereum co-existing with v2. Source
Google and Coinbase partner on a plan to offer crypto payments for cloud services. Source
Cross-chain DEX aggregator ChainHop integrates with Curve. Source
Tether Freezes 8.2 Million $USDT on Ethereum. Source
Sushi DAO, the community of SushiSwap, voted in favour of a new legal structure that will create three new entities to manage the DAO and the protocol. Source
AMM protocol Voltz announced the launch of Voltz Soulbound Tokens (SBT). Source
Phantom Wallet Twitter Account Officially Banned. Source
MakerDAO community votes to approve the proposal to custody $1.6 billion $USDC with Coinbase Prime. Source
Matter Labs, the company behind zkSync, released a proposal in the Aave community, proposing to deploy Aave V3 on zkSync 2.0 testnet. Source
Bybit Launches "Bybit Web3", a multi-chain Web3 platform aiming to help users manage crypto assets and NFTs via Bybit Wallet. Source
QuickSwap temporarily shut down the lending marketplace after losing $220,000 due to a flash loans attack. Source
Jack Dorsey-founded decentralised social protocol Bluesky gets 30K signups for waiting list. Source
Fintech bank Nubank announced the creation of the Nucoin token on Polygon, paving the way for a rewards program for its 70 million clients across Latin America. Source
Trader Joe's Novel AMM Liquidity Book Live on Testnet. Source
Google now showing Ethereum wallet balances. Source
Hacks, exploits and vulnerabilities
Peckshield: OlympusDAO loses about $292,000 due to code vulnerability. Source
Solana ecosystem DeFi platform Mango faced a $100m attack, released a full report .
Tulip Protocol was affected by about $2.5 million in the Mango attack. Source
UXD Protocol was affected by nearly $20 million in the Mango attack. Source
Celo Protocol Moola Market hacked for $10M. Source
TempleDAO’s STAX was hacked for approximately $2.3M worth of LP tokens. Source
On the 4th of October, ~$1.1M was stolen from Sovryn. Source
BSC Token Hub, the BNB bridge between the old Binance Beacon Chain and BSC was exploited accounting for a loss of $586M. Source
Transit Swap has lost $21M to a vulnerability in its swap contracts. Source
NFT and Metaverse
NFT marketplace Blur went live and airdropped $BLUR to users. Source
Warner Bros released Ethereum-compatible 'Lord of the Rings' NFTs. Source
NFT marketplace Mint Square goes live on zkSync 2.0 testnet. Source
P2E game Axie Infinity announced the launch of Raylights, its first mini-game for landholders. Source
Yuga Labs' NFT project Meebits partnered with The Sandbox. Source
NFT marketplace Magic Eden joined forces with Coral Cube, a Solana-based NFT aggregator, to accelerate Coral Cube's expansion across chains. Source
Meta struck a partnership with makeup brand L’Oréal and French business school HEC Paris backing a Web3 startup acceleration program for creativity in the Metaverse. Source
Neymar, a Brazilian soccer superstar announced the launch of his first NFT collection "Beastmode Metaverse x Neymar Jr." during the 2022 World Cup. Source
The Sandbox Airdrops 2.6M $SAND to LAND Owners. Source
Apple updated its App Store review guideline to offer in-app NFT minting, listing, and transferring. Source
OpenSea adopts OpenRarity ranking for all eligible collections. Source
Twitter has teamed up with OpenSea, Rarible, Magic Eden, Dapper Labs and GuardianLink’s Jump.trade marketplaces to enable tweet tiles for NFTs. Source
Optimism Partners with Lattice to Launch OP Stack-based Voxel Game OPCraft. Source
Avalanche is officially live on OpenSea. Source
Fundings
Helius, a Solana infrastructure startup, closed a $3.1 million seed round.
Blockchain development platform Tatum closed $41.5 million funding round with Octopus Ventures and others.
Aptos ecosystem stablecoin protocol Thala Labs closed a $600 Million seed round led by ParaFi Capital, and others.
Uniswap Labs closed a $165 million Series B round at a $1.66 billion valuation led by Polychain Capital, with participation from a16z, Paradigm, and others.
Modular blockchain network Celestia raises $55M co-led by Polychain Capital and Bain Capital Crypto.
Web3 API platform Airstack has closed a $3 million seed round with participation from Polygon, and others.
BNB Chain launches a $10M Growth Incentive Program, and will support 10 projects in Q4.
Bolster, a automated digital risk protection company, closed a $15 million funding round led by Cervin.
Sridhar Ramaswamy, who led Google’s advertising business from 2013 to 2018, has launched a Web3 company called nxyz and raised $40M led by Paradigm
Web3 attribution platform Spindl raises $7M in a seed round co-led by Dragonfly and Chapter One.
Web3 shopping platform Rye raises $14M led by a16z Crypto.
AIRDROPS
T'is the season of airdrops. Here we discuss potential airdrop opportunities but ALWAYS DYOR.
ZkSync
ZkSync is a L2 protocol based on ZK (stands for Zero Knowledge) Rollup architecture. Being a Rollup, it executes transactions outside of the main Ethereum chain (L1), but places the data on L1 afterwards, without compromising on security. ZkSync officially confirmed that there will be a token in the future and hence a potential airdrop for early adopters.
Follow the thread to become eligible for the upcoming airdrop.
zkSync Airdrop Guide
The ultimate Layer-2 @zksync is launching soon.
- Fast guide to get the zkSync #Airdrop
- Highest chance to get $ZKSRead on, a thread 🧵👇🏻
— Enigma (💙,🧡) || 0_0_1.lens 🌿 (@0xAdesola)
Oct 18, 2022
A collection of projects that supports ZkSync:
ZigZag Exchange - A Decentralized Exchange Powered by zkSync
Orbiter- Transfer between rollups
LayerSwap- Bridge your ETH from CEX to zkSync account
zkScan- zkSync Block Explorer
Mint Square - An NFT Platform based on ZkSync
zkSync Dashboard- zkSync Dashboard
Arbitrum
Arbitrum is one of the most anticipated L2 developed by the New York-based company Offchain Labs. The platform leverages the security provided by the Ethereum mainnet but allows smart contracts to run on a separate layer to reduce congestion within the network.
After the layer-2 solution Optimism announced its OP token in April 2022, Offchain Labs co-founder Steven Goldfeder posted a tweet, which suggested an $ARBI token was in the works. Hence, Investors are speculating on an Arbitrum airdrop.
Steps to follow to become a potential airdrop receiver:
Use Arbitrum Bridge: Bridge $ETH from different chains to Arbitrum chain.
Use Uniswap to buy tokens $GMX, $UMAMI
Arbitrum is home to almost 127 DApps. Interact with top DApps like GMX, RNDT Capital, Dopex, Vesta, etc. Here are a few examples of what interacting with DApps mean -- On GMX: Open a trade, deposit GLP. On Dopex: Deposit veDPX, deposit into a straddle vault. On Uniswap: Provide liquidity, swap assets.
Participate in Arbitrum Odyssey: An 8-week initiative that was launched in June, which involved users completing a series of tasks to win NFTs.
Do Discord Tasks and earn special roles in the server by completing small tasks on guild.xyz/arbitrum.
Layer Zero
LayerZero Labs is an omnichain interoperability protocol that unites DApps across disparate Blockchains. Here is a complete thread to the become an early adopter👇
Here is a strategy on how to cover LayerZero Protocol before the $ZRO launch.
If they ever conduct an airdrop, it would be similar if not bigger than $APT and $OP #Airdrops (who knows...).
So...
A thread 🧵
— Airdrop Official🍥 (@its_airdrop)
Oct 22, 2022
SUI
Sui is a Layer 1 blockchain that raised $300M in funding. It is a high performance, horizontally scalable blockchain utilizing extremely low computation resources per transaction. A complete thread to becoming an early adopter 👇
Possible future #Airdrop on Sui @mysten_labs testnet.
No official announcement, but anyway is so easy and quick to do (5 min).
Here's a step-by-step tutorial on @suiswap_app testnet.
A thread 🧵👇
#SuiTestnet #Sui
— 0xDegen (@0xDegenz)
Sep 16, 2022
SHARDEUM
Shardeum is an Ethereum virtual machine-based sharded blockchain, meaning anything that works on Ethereum can work on Shardeum. It has raised $18.2 million in seed round of funding. Try and interact with the testnets live on Shardeum👇
Few Interactions On Protocols Under @shardeum Blockchain That Could Earn You Some Drops!
Confirmed #Airdrop
A Thread🧵
— HEADBOY 🦇🔊 (💙,🧡) (@NDIDI_GRAM)
Oct 20, 2022
PIXELS
Pixels Online is a fun casual game that’s about gathering resources, advancing skills, and building relationships while exploring the story and quests woven throughout the Pixels Universe. It is rewarding players under 20k rank with two token airdrop ($PIXEL, $BERRY). Here is a complete thread on how to play the game to become eligible:
🌠 MEGA THREAD ON @pixels_online AIRDROP 🌠
The top 20,000 wallets will soon receive an airdrop of their $PIXEL and $BERRY tokens
Here is a tutorial on how to qualify for the airdrop in 20 minutes only ✨
BONUS: I give you my farming strategy at the end 👀👇
— Mingo Airdrop (💙,🧡) (@MingoAirdrop)
Oct 4, 2022
Well, we have a long list to write on. Part 2 of potential airdrop opportunities will be discussed in the next newsletter edition. Stay tuned!
📈 MARKET DEVELOPMENTS
Loozr: A community-driven music streaming platform enabling musicians & fans to launch tokens, stream music and earn.
What is Loozr?
Loozr is a decentralized investing and music streaming platform on Web 3.0, It enables creators to tokenize their name/brand, content, and songs; allowing fans to buy, sell, trade, and promote these tokens directly in real-time on the blockchain— CHASE💀 (@Abrahamchase09)
Oct 27, 2022
Mark Zuckerberg in the Metaverse after seeing the $FB price
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Well, that's a wrap for today!See you next week🐻Till then, ape responsibly.