This Week's Noteworthy Events (October 30th - November 5th)

dYdX Chain Goes Live, Alpha Phase Set to Commence on October 30

As per official information, dYdX Chain, functioning as an independent Cosmos Layer 1, has officially launched on the mainnet. Validators created the genesis block of dYdX Chain at 1:00 AM today.

The public bridge frontend for the dYdX Operations subDAO is expected to go live on October 30th. The post-genesis stages will include Alpha and Beta. The Alpha phase (anticipated to commence on October 30th) will focus on bridging, staking, and security, while the Beta stage will support trading but without rewards. The transition from Alpha to Beta will be determined by factors like governance voting.

Celestia Updates Pre-Genesis File, Mainnet to Launch on October 31 at 22:00

exploring.eth has announced on the X platform that the modular blockchain network Celestia has updated its pre-genesis.json file. The mainnet is scheduled to go live on October 31, 2023, at 14:00:00 UTC (or 22:00 Beijing time). The addresses eligible for airdrops are also listed in this file, and after the mainnet launch, tokens will be directly distributed to users' wallets, eliminating the need for users to claim them.

Earlier, on October 19, Celestia announced that the redistribution of approximately 60 million TIA tokens for airdrops had been completed. These tokens have been allocated to users who had previously claimed them. Users can check the latest airdrop amounts on the official website and will not need to claim them again. Celestia also mentioned that the mainnet is expected to be released in the coming weeks, and eligible addresses will receive TIA tokens directly on the mainnet.

Boba Network: BobaAvax Closure from October 31 - Please Transfer Your Funds Promptly

According to an official announcement, the Ethereum layer 2 scaling solution on Avalanche, BobaAvax, will be closing on October 31. Users are required to move all their funds to the Avalanche mainnet before this date. Failure to do so may result in a permanent loss of access to any assets on BobaAvax.

Sushi also released a statement, advising users who have provided liquidity for Sushi on the BobaAvax chain to take the following actions before October 31: 1. Remove all existing liquidity from BobaAvax. 2. Withdraw funds from BobaAvax for security purposes.

Furthermore, Sushi strongly recommends not adding any new liquidity to BobaAvax. Failing to remove liquidity or transfer assets before the specified date may result in users permanently losing access to their assets on BobaAvax.

Ethereum Foundation to Launch Road to Devcon Grant Program on November 1

The Ethereum Foundation has announced that Devcon 7 is scheduled to take place in Southeast Asia in 2024, although the specific location has not been determined yet.

Additionally, the Ethereum Foundation has launched the Road to Devcon (RTD) funding round to support new Ethereum events, communities, and educational initiatives in different regions. The application deadline is November 1 at 7:59 AM Beijing time.

Binance to List Memecoin (MEME) on November 3

Binance has now launched its 39th phase of the

new coin

mining project – Memecoin (MEME). Users can deposit BNB, TUSD, or FDUSD into the MEME mining pool on the Launchpad website to earn MEME rewards. The MEME mining will last for a total of 30 days, starting from October 28, 2023, at 08:00 (UTC+8). The website is expected to be updated for the mining activity approximately four hours after this announcement.

Binance will list Memecoin (MEME) on November 3, 2023, at 16:00 (UTC+8) and open trading pairs including MEME/BTC, MEME/USDT, and MEME/BNB.

Coinbase to Temporarily Halt Trading for CRPT, MXC, QSP, REN, and TONE on November 4

Coinbase Assets announced on the X platform: “Based on a recent review, we will temporarily suspend trading for Crypterium (CRPT), MXC (MXC), Quantstamp (QSP), Ren (REN), TE-FOOD (TONE) on November 4, 2023, at 02:00 (UTC+8). Asset ownership remains unchanged, and you can withdraw at any time.”

Platypus Finance to Distribute Refunds to Users Next Week

The stablecoin trading project Platypus Finance has posted an update on the X platform, stating that they are currently calculating the exact token amounts owed to each user, including funds from aggregators. The team is working closely with these partners to process refunds, with the goal of distribution next week. They will provide timely updates as more information becomes available.