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NBTC News
Home»Altcoins»Week in Review – October 28 – November 3
Altcoins

Week in Review – October 28 – November 3

NBTCBy NBTC18/11/2024No Comments4 Mins Read
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General Updates

Neo had a presence at Binance Blockchain Week in Dubai with a booth in the main exhibition hall. Community members from Neo Global Development, AxLabs, and Neo News Today were on site to discuss Neo N3 and Neo X. Additionally, Neo co-sponsored a KOL reception to connect with influencers in the international crypto community.

Neo launched the Neo X Grind Hackathon main event, co-hosted with support from IOSG Kickstarter, Web3Labs, Foresight Ventures, and Bitget. The hackathon, which includes over US $22 million in prizes and grants, is aimed at discovering and empowering talented developers as they create innovative projects on Neo X, Neo’s EVM-compatible sidechain.

Neo suffered a malicious attack on the X/Twitter account. The bad actor leveraged a suspicious third-party app to gain access to the official Neo Blockchain account, allowing the malicious user to make posts and direct messages via the Neo Blockchain account. The Neo team could not revoke permissions due to a flaw in X/Twitter’s system, however the issue has since been resolved.

Neo announced it will be a partner at Thailand Blockchain Week, which will take place at the EMSPHERE shopping center in the UOB Live event venue on Nov. 9 and 10 in Bangkok. The two-day event is part of a series that will take place before and after Ethereum DevCon.

Flamingo Finance shared new information regarding the upcoming release of FLOCKS, including FLUND migration details and exit fee removal. Existing FLUND holders are the only users that will be able to enter FLOCKS before the start of Epoch 1. This opportunity will be available for approximately one week and ensures that investors will receive a 1:1 ratio of FLM (from FLUND) to FLOCKS. Additionally, due to changes to token distributions in Wave 3, FLUND has income from several token sources that are not converted to FLM. Rather than updating the contract to fix this issue, the Flamingo team has decided to pay out these assets as part of the Epoch 1 dividends.

Meme2Earn announced a campaign to celebrate the forthcoming 200,000th posting on its meme-based platform. Participants will share from a pool of 1 trillion NEP-17 TIPS tokens following four rules: follow Meme2Earn on X/Twitter, post a meme related to the milestone, tweet the meme with copy the team included on the announcement page, and add the tweet link to the content posting on the Meme2Earn platform. A total of 6 participants will be eligible to win, with 500 billion TIPS going to the 200,000th poster, and 100 billion TIPS going to the top 5 highest quality submissions.

Pixudi hosted a free Mystery Pack giveaway to celebrate Halloween. For a limited time, users could acquire bundles at no cost.

DeXFun announced a partnership with SaltApp, a Telegram-based trading application that will allow users to perform tasks on the mini-game and potentially win from a pool of rewards. Users who successfully participate in the in-game missions will be able to earn FUN points as well as rewards from a pool of 1,000 USDT. Additionally, DeXFun hosted a Halloween giveaway that distributed $600 worth of USDT and NULS tokens.

Frank Coin hosted a community quiz on the team’s official Telegram channel, where the top two participants won 1 GAS, and ten random winners each won 0.5 GAS. The Frank Coin team also hosted a trivia contest on Discord.

NNT Catch Up

Neo Japan announced a new 4-panel manga series, with updates released every Wednesday and Sunday. The first and second episodes in the series have been released.

Events

Nov. 8: NNT editors hosting CC & BB #39 on The Smart Economy Podcast official X account.

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NBTC is the editorial account for NBTC News, covering Bitcoin, Ethereum, DeFi, blockchain infrastructure, exchanges, mining, regulation and digital asset markets. The editorial team focuses on clear sourcing, timely updates and practical context for crypto readers.

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