According to official announcements, Odaily reports that Gate launched Season 65 of the Trenches Hot Coin Race from October 12 at 16:00 to October 15 at 16:00 (UTC+8). After users click "Join Now" to complete registration, they can trade designated hot coins in the Trenches section to participate in sharing a 30,000 USDT airdrop reward. This event features a dual reward mechanism with a 100% win rate. Users who did not register through an invitation code can earn 1 regular blind box draw chance for every 200 USDT traded, with a total prize pool of approximately 15,000 USDT, a minimum guarantee of 0.07 GT per draw, and a maximum of 4.06 GT; users who registered through an invitation code can earn 1 premium blind box draw chance for every 500 USDT traded, with a total prize pool of approximately 15,000 USDT, a minimum guarantee of 0.14 GT per draw, and a maximum of 9.03 GT. Each user can have a maximum of 3 draw chances per day and a maximum of 12 throughout the entire event. All rewards are distributed in real time, while supplies last.Trenches is Gate's brand-new one-stop on-chain trading product, focusing on the Meme social trading ecosystem: users can enter a coin name or contract to check market conditions, view K-line charts, and place orders directly using account assets. Trading fees are as low as 0.5%, multiple chains are supported, and a Callout leaderboard, KOL leaderboard, and active account displays will be launched soon.

Odaily reports that Arthur Hayes posted on X that he received cellular medicine services through VeritaHealthHQ during Token2049 and shared the development approach of FLOP Labs. He has now returned to work, and the FLOP Testnet will go live in a few weeks.

Odaily News: Bitget has launched a dual CandyBomb campaign, running from October 9 at 18:00 to October 19 at 18:00 (UTC+8). Details are as follows:Exclusive for new futures users: Complete designated net deposit and futures trading tasks to share a prize pool of 0.2 BTC, with a maximum of 0.002 BTC per person;Exclusive for new TradFi futures users: Trade designated contracts such as SanDisk and Micron to share a prize pool of 8 rSNDK, with a maximum of 0.08 rSNDK per person.

Odaily reports that Binance Alpha Box is now live, adopting the new Alpha Box mechanism, with the airdrop pool including Yei Finance's CLO and Bitlayer's BTR. Users holding no less than 245 Binance Alpha points can claim airdrops on the Alpha event page, randomly receiving 467, 583, or 1,666 CLO, or 560, 700, or 2,000 BTR. Rewards are first-come, first-served; if rewards are not fully distributed, the points threshold will automatically decrease by 5 points every 5 minutes. Claiming the airdrop requires consuming 15 Alpha points and must be confirmed on the event page within 24 hours; otherwise, it will be considered automatically forfeited.

According to official news, OKX Flash Earn Lite has simultaneously launched USDT and XDP "Stake to Earn." From now until October 14 at 15:00 (UTC+8), users who subscribe to designated assets can share in 280,000 USDT and 15,000,000 XDP airdrop rewards. Participants can join the relevant activities through the activity link or via "Flash Earn" at the top of the Explore page in the OKX App.

Odaily News: According to official sources, Binance will open the Alpha airdrop and trading today at 17:00 (UTC+8).This event adopts an upgraded "Alpha Mystery Box" model, and the airdrop prize pool includes tokens from multiple projects. Users holding at least 245 Binance Alpha points can claim one token reward. First come, first served. Claiming the airdrop will consume 15 Binance Alpha points.This airdrop features three reward tiers: Common (80% of the prize pool), Rare (15%), and Hidden (5%), with each tier corresponding to a different Alpha Mystery Box value. When claiming, users will be assigned to one of these tiers, and rewards will be distributed according to the proportions of these tiers. If rewards are not fully distributed, the points threshold will automatically decrease by 5 points every five minutes.

Odaily reports that an0n2498.hl, the whale ranked second by total trading volume on Variational, posted on X: "I have barely sold any HYPE, and I don't plan to sell any more. I will absolutely never sell any VAR. Instead, I will buy heavily into spot at TGE, and I will also open a long-term long position on VAR. My bullishness on VAR is simply beyond words."It is worth noting that an0n2498.hl previously received $15 million worth of HYPE in the Hyperliquid airdrop.

Odaily reports: Bitcoin News posted on X platform that Lightspark has released a dotMoney prototype, allowing users to send test funds by sharing links, .money files, or directly between nearby iPhones. The files can be sent via AirDrop, messaging apps, or stored on a USB drive; the underlying funds are transferred between wallets via Spark. Each file can only be claimed once, and copying or forwarding will not generate duplicate funds. The sender can also cancel unclaimed payments. Currently, the prototype uses test funds with no monetary value, and Lightspark is also testing bank, Cash App, and Lightning withdrawal functionality through Grid.

Odaily News: According to Hunter Biden monitoring, Hunter Biden, son of former U.S. President Biden, posted the independent investigation results of the LAPTOP token launch incident, stating that he had commissioned forensic firm Groom Lake to verify all transactions on the day of launch. He denied that the team cashed out, saying that the founder tokens remain concentrated in the same wallet and have not been transferred since launch; his personal tokens have been locked for six months and will then be released over two years. He cited the investigation as saying that Market Maker 1 had $500,000 in startup capital, but only injected about $5,200 and fewer than 30,000 tokens into the liquidity pool, with the latter accounting for only 0.003% of the total supply. Extremely low liquidity caused the price to rise from $0.05 to about $317 in less than two minutes, then fall 98% within one hour. Eighty-four seconds after the price peaked, Market Maker 1 withdrew funds during the sell-off, reducing the funds available near the current price to absorb selling from $16,200 to zero. He said Market Maker 1 made about $686,000 in profit from its DEX position, while Market Maker 2 netted more than $2.1 million from related DEX trades, and argued that the market makers responsible for the launch problems should buy back and burn tokens. He said he bears ultimate responsibility, will not exit the project, and plans next week to burn most of the unclaimed tokens from the first airdrop; that airdrop accounted for 10% of the total supply.

1. Robinhood purchases $25 million worth of Bitcoin;2. Arthur Hayes: Flop testnet to launch in October, airdrop planned for testnet mining users;3. In the past half hour, DeGods founder Frank sold over $1 million worth of altcoins on-chain;4. A whale sold over 138,000 LINK to raise funds to "rescue" a high-leverage CRCL position on Hyperliquid;5. Kalshi's 15-minute gold market contracts surpass Ethereum, with approximately $5 million in fees in September.