The week of October 7–13 brought a surge of pivotal developments across the blockchain and cryptocurrency landscape. From major protocol launches and airdrop rollouts to regulatory actions and infrastructure milestones, the ecosystem continued to evolve at a rapid pace. This recap dives into the most significant events, offering clarity on what matters for investors, developers, and crypto enthusiasts.
Scroll (SCR) Tokenomics Revealed: Launchpool Allocations and Key Dates
On October 8, Scroll unveiled its long-awaited tokenomics. The zkEVM Layer 2 project confirmed a total supply of 1 billion SCR tokens. A notable 5.5% of the total supply is allocated to Binance’s Launchpool, with the BNB pool claiming 85% of that portion. Upon listing, the initial circulating supply will account for 19% of the total.
Crucially, the airdrop snapshot was set for October 19, 2024, with token distribution and claim availability scheduled for October 22, 2024. This announcement positioned Scroll as one of the most anticipated Layer 2 launches of the year, drawing significant user engagement across testnets and bridges.
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Binance Integrates Scroll: Launchpool and Pre-Market Trading Live
Binance officially listed Scroll (SCR) on both its Launchpool and pre-market trading platforms. The pre-market session began on October 11 at 18:00 UTC+8, allowing early price discovery ahead of the official listing. The Launchpool campaign kicked off on October 9 at 08:00 UTC+8, enabling users to stake BNB and other assets to earn SCR rewards.
This dual rollout strategy reflects Binance’s growing emphasis on decentralized infrastructure projects, particularly those advancing Ethereum scalability through zero-knowledge technology.
HBO Bitcoin Documentary Sparks Controversy: Is Peter Todd Satoshi?
On October 9, leaked footage from HBO’s upcoming documentary Money Electric: The Bitcoin Mystery suggested that the network believes Bitcoin Core developer Peter Todd might be Satoshi Nakamoto. The theory hinges on four key points:
- Todd replied to a Satoshi-era post on Bitcointalk using a new account.
- He later implemented the “Replace-by-Fee” (RBF) concept discussed in that thread.
- A source claims Todd used the pseudonym “John Dillon” to promote RBF.
- Posting patterns allegedly align with Todd’s academic schedule.
Despite these claims, both Todd and the broader crypto community have dismissed the theory as baseless. The documentary reignited debate around Satoshi’s identity, underscoring how mystery remains central to Bitcoin’s ethos.
“We are all Satoshi.” — A sentiment echoed across forums as speculation peaked.
CZ Confirms Dubai Appearance Amid Global Compliance Moves
Changpeng Zhao (CZ) announced via X that he would attend Binance Blockchain Week in Dubai on October 30–31, participating as a private individual. This move signals continued engagement with global Web3 events despite regulatory scrutiny.
Meanwhile, OKX CEO Star Xu reaffirmed the platform’s commitment to global compliance, highlighting OKX’s full operational license in the UAE. The exchange has established a regional headquarters in Dubai, enabling users to trade cryptocurrencies directly with UAE Dirhams (AED). OKX became the first crypto exchange globally to secure a full operational license from the UAE.
👉 Learn how leading platforms are navigating global regulations while expanding access.
Uniswap Labs Launches Unichain: A Superchain for DeFi
On October 10, Uniswap Labs announced Unichain, a high-speed, decentralized Optimism-based Layer 2 superchain designed to unify cross-chain DeFi liquidity. Built on OP Stack, Unichain integrates Flashbot’s Rollup Boost solution to achieve 1-second block times, significantly enhancing transaction speed and user experience.
The testnet launched immediately, with the mainnet expected later in 2025. The Uniswap Foundation will provide grants and support to developers building on Unichain, aiming to foster a robust ecosystem around this new liquidity layer.
However, Ethereum co-founder Vitalik Buterin previously questioned the necessity of a Uniswap-specific chain, arguing that Uniswap’s value lies in its simplicity and interoperability rather than owning a dedicated chain.
Puffer and Swell Open Airdrop Claims
Puffer Finance: PUFFER Token Distribution Begins
Puffer Finance, an Ethereum restaking protocol, released its tokenomics on October 10. The PUFFER token has a total supply of 1 billion, with allocations as follows:
- 7.5% for Season 1 airdrop (Crunchy Carrot Quest)
- 40% for ecosystem and community
- 20% for early contributors and advisors
- 26% for investors
- 1% reserved for Ethereum core development (4-year vesting)
Airdrop claims opened on October 14, 2024, and will remain available until January 14, 2025.
Swell Network: Voyage Airdrop Eligibility Check Live
Swell, another restaking platform, opened its airdrop eligibility checker on October 10. The SWELL token has a total supply of 10 billion, with 850 million (8.5%) allocated for the Voyage airdrop.
Of this:
- 700 million will be distributed linearly based on accumulated White Pearls.
- 150 million will reward loyal stakers.
Notably, 7,500 wallets have been flagged as sybil addresses, collectively holding over 7.3 million Pearls. These users will not receive rewards unless they successfully appeal their status.
CARV Launches First Season Airdrop
Modular data layer project CARV opened claims for its first-season airdrop, distributing 40 million CARV tokens. Users can choose between direct token receipt or triple-annualized restaking, along with a special NFT reward for Q2 airdrop eligibility.
Mt. Gox Repayment Deadline Extended to 2025
The Mt. Gox trustee extended the repayment deadline from October 31, 2024, to October 31, 2025 (JST). This extension accommodates creditors who haven’t completed the required procedures to receive their funds. The move ensures broader participation in the distribution process.
Regulatory Actions: SEC Sues Meme Coin Market Makers
On October 9, U.S. authorities — including the SEC, FBI, and DOJ — filed joint lawsuits against four crypto firms accused of market manipulation: Gotbit Consulting, ZM Quant Investment, and CLS Global. Nine individuals were charged in connection with fraudulent trading of meme coins like Saitama, Robo Inu, and NexFundAI.
Shockingly, one of the manipulated tokens — NexFundAI — was created by the FBI itself as part of an undercover operation. This marks a rare case of law enforcement creating a fake asset to catch bad actors.
Crypto.com also received a Wells Notice from the SEC but responded by suing the commission, challenging its regulatory overreach and arguing that most crypto trades should not be classified as securities.
Market Movements and Security Incidents
Meme Coin Market Cap Surpasses $54 Billion
According to Coingecko, the total market cap of meme coins reached $54.26 billion on October 7, up 7.4% in 24 hours. Tokens like Neiro, SPX, MOG, MEW, WIF, and MOODENG saw significant gains, driven by influencer hype and viral narratives.
High-Profile Hacks Highlight Security Risks
- Continue Capital co-founder Lin Xiaohong lost approximately $35 million in fwDETH due to a Permit signature phishing attack.
- NFT artist DeeKay Kwon reported theft of his life savings during a flight, likely due to seed phrase exposure. Fortunately, his NFTs remained safe.
These incidents underscore the growing sophistication of social engineering attacks in Web3.
Core Keywords
- Unichain
- Puffer airdrop
- Swell Network
- Scroll tokenomics
- meme coin market cap
- crypto security risks
- Layer 2 scaling
- DeFi liquidity
Frequently Asked Questions (FAQ)
Q: When can I claim my PUFFER token?
A: PUFFER airdrop claims opened on October 14, 2024, and will remain available until January 14, 2025. Check your eligibility through the official Puffer Finance portal.
Q: Why was Swell’s airdrop reduced for some users?
A: Swell identified 7,500 sybil addresses engaging in manipulative behavior. These users will not receive rewards unless they successfully appeal their status.
Q: What is Unichain’s main innovation?
A: Unichain leverages Flashbot’s Rollup Boost to achieve 1-second block times, making it one of the fastest Optimism-based chains designed specifically for cross-chain DeFi liquidity.
Q: Is the HBO documentary proof that Peter Todd is Satoshi?
A: No. While HBO presents circumstantial evidence, both Todd and experts widely reject the claim. There is no definitive proof linking him to Satoshi Nakamoto.
Q: How did the FBI use a fake token to catch criminals?
A: The FBI created “NexFundAI” as bait. Fraudulent market makers manipulated it using fake volume and promotional tactics — providing law enforcement with clear evidence of illegal activity.
Q: What does the Mt. Gox deadline extension mean for creditors?
A: Creditors now have until October 31, 2025 (JST) to complete necessary steps to receive repayments in BTC or BCH equivalents based on their original claims.
👉 Stay ahead of major airdrops, chain launches, and market shifts with real-time insights.