ersOctober promises to be a pivotal month for the crypto space. With numerous events and developments that have the potential to reshape the industry.
In this article, we will take a closer look at some of the most significant crypto events. And trends to watch out for in October 2023.
1) Bitcoin’s 15th Anniversary (October 31st, 2023)
October 31st marks a historic milestone in the world of cryptocurrency. The 15th anniversary of the release of Bitcoin’s whitepaper by the mysterious Satoshi Nakamoto. This event is a celebration of the groundbreaking technology that gave birth to the entire crypto ecosystem. Expect retrospectives, discussions on Bitcoin’s journey so far, and debates about its future.
The email that started a revolution. pic.twitter.com/VfE4OHkpLX
— Bitcoin Magazine (@BitcoinMagazine) September 30, 2023
2) $IOTA – Stardust Hard fork
IOTA, a cryptocurrency known for its unique Tangle technology, is gearing up for a significant upgrade known as the Stardust hard fork. This upgrade is expected to introduce several improvements to the network. Including enhanced security, scalability, and performance.
It may also bring new features and functionalities to the IOTA ecosystem. Community members and developers are eagerly awaiting this update. As it has the potential to make IOTA even more competitive in the rapidly evolving crypto landscape.
iotatokennews: Thank you @binance for supporting the #Stardust protocol upgrade and fork of the #IOTA network that happens tomorrow, Wednesday, October 4th at 8AM CEST. Stay tuned! https://t.co/R2sc7ItFoo
— IOTA News (@iotanews) October 3, 2023
3) $ARB – Security Council Vote
Arbitrum is a layer-2 scaling solution for Ethereum. It is designed to increase transaction throughput and reduce fees on the Ethereum network. The Security Council Vote likely pertains to governance decisions within the Arbitrum ecosystem. This could involve key decisions related to protocol upgrades, network parameters, and security measures.
It’s an important event for $ARB token holders and the broader Ethereum community. As the outcome of such votes can shape the direction and functionality of the network.
Round 2 of the @arbitrum Security Council elections starts on Oct 6!ππ§‘
Delegates have selected the phase 2 nominees and will be able to vote on the ones that will be joining the Security Council
Nominee AMA:
ποΈ Oct 5th | 9am ET
π https://t.co/45TRmU9T1eRound 2 detailsπ§΅π
— Arbitrum (π,π§‘) (@arbitrum) September 29, 2023
4) $MATIC – USDC on Polygon
The integration of USDC on the Polygon network is a significant development for both projects. USDC is a widely used stablecoin that aims to provide stability in the crypto market. While Polygon is a layer-2 scaling solution for Ethereum.
The integration will likely make it easier for users and developers to access USDC on the Polygon network. Potentially reducing transaction costs and increasing the efficiency of decentralized applications (dApps) built on Polygon.
1/ We might need a new hashtag because October is fast approaching and #StableSeptember isnβt slowing down.
Native $USDC will launch on @0xPolygon on October 10th, so letβs learn all the details for how the ecosystem will transition away from bridged USDC.https://t.co/7vVKOIIPXY
— Circle (@circle) September 28, 2023
5) 12 Oct: SEC – Binance Hearing
The SEC has been closely monitoring the cryptocurrency industry, and Binance has faced regulatory scrutiny in the past. The hearing scheduled for October 12th could involve discussions about Binance’s operations. Also, compliance with U.S. regulations, and any potential enforcement actions.
This event will be closely watched by the crypto community. As it may provide insights into the evolving regulatory landscape in the United States.
π¨What happened in Crypto in the last 12h?π¨
β’ Court denied SEC's request to inspect Binance US software on Sep 18. Next hearing on Oct 12.
β’ $BTC supply is nearing a record high with 76% owned by long-term holders.
β’ $RDNT – Listing on Bithumb's KRW market;β¦ pic.twitter.com/gQoPTugl7w
— Layergg (@layerggofficial) September 19, 2023
6) 15 Oct: $RDNT – ETH chain Mainnet
The launch of the $RDNT (Radiant) mainnet on the Ethereum blockchain is a significant milestone for the project. Mainnet launches mark the transition from a test network to a fully operational blockchain.
This event often brings increased utility and functionality to the native token, potentially leading to increased adoption and use cases for $RDNT. It’s an exciting development for the $RDNT community and supporters who have been eagerly awaiting the launch.
With 2 chain launches & a 3rd pending (ETH mainnet), earn loot boxes for a chance to open a commemorative NFT representing 1/3 chains.
XP enables you to rank up the leaderboard for prizes, and holding NFT's will enter you into raffles!
Sneak peek of the Radiant Anniversary NFT: pic.twitter.com/xt3N6Q0f30
— Radiant Capital (@RDNTCapital) July 24, 2023
7) 16 Oct: $EOS – EVM V0.6.0
EOS, known for its high-speed and scalability, is gearing up for an important upgrade with the release of EVM (Ethereum Virtual Machine) V0.6.0. This upgrade is expected to bring improvements to EOS by incorporating Ethereum compatibility features.
It means that developers can potentially deploy Ethereum smart contracts on the EOS blockchain. Opening up new possibilities for decentralized applications (dApps) and interoperability between the EOS and Ethereum ecosystems.
ICYMI β¨
Here's an overview of the upcoming October 16th launch of EOS #EVM v0.6.0! π
This upcoming update will provide a rejuvenated DeFi experience, robust technical upgrades, and trustless USDT bridging πͺ
Learn more πhttps://t.co/aHR4SwEs33 pic.twitter.com/tgmjRUDeWY
— EOS Network Foundation (@EOSnFoundation) October 2, 2023
8) 17 Oct: $MINA – Testworld Mission 2.0
Mina Protocol (MINA) is known for its lightweight blockchain that maintains a constant size. The Testworld Mission 2.0 event suggests that the project is conducting a significant testnet upgrade or trial.
This could involve testing new features, improving network performance, or conducting experiments to enhance the protocol’s robustness. Such events are essential for fine-tuning blockchain technology before implementing changes on the mainnet.
1/ Another step closer to Minaβs upcoming mainnet upgrade – Track 2 (External Security Auditing) is now closed!
During Track 2 network vulnerabilities were identified and addressed, leading to a more secure and robust Mina blockchain! πβοΈ
Some findings from Track 2 π pic.twitter.com/lD41YPzhyc
— Mina Protocol πͺΆ (@MinaProtocol) August 30, 2023
9) 18 Oct: $STX – sBTC Developer Test
Stacks (STX) is a project that enables smart contracts and decentralized applications on the Bitcoin blockchain. The sBTC Developer Test suggests that Stacks is working on a developer-focused testnet or trial related to sBTC, a token that represents Bitcoin on the Stacks network.
Developer tests like this aim to ensure that developers can interact with and build on the Stacks ecosystem seamlessly, including using Bitcoin assets in decentralized applications.
π’ Introducing the sBTC Developer Release: Try programming Bitcoin on the Leading L2
Once launched, the Developer Release will allow a select group of developers to build & test with an early version of sBTC.
Want to apply for the sBTC testnet program? Learn more π (1/2) pic.twitter.com/gXvICXXqfH
— stacks.btc (@Stacks) September 22, 2023
10) 19 Oct: $EGLD – xDay 2023
Elrond (EGLD), now called Multiversx, is a blockchain platform designed for high performance and scalability. xDay 2023 is an event that hints at a significant development or announcement from the Elrond project.
Multiversx has been actively working on improving its ecosystem, and xDay 2023 could mark a milestone in terms of network upgrades, partnerships, or adoption initiatives. Elrond has a strong community following, and this event is likely to generate considerable interest among EGLD holders and supporters.
In terms of magnitude, size and value, we're making this yearβs #xDay stand out π₯
3 days of exceptional experiences, ideas & networking in Bucharest.
Be among the 3,000+ innovators, builders, investors & pioneers.
Early Bird tickets now available.
ποΈ https://t.co/eigsZuUDaq pic.twitter.com/HlxIXcTpLk
— MultiversX (@MultiversX) August 7, 2023
Other Crypto Events
5 Oct: $REN – Delisting from Bithumb.
9 Oct: $TORN – Delisting from HTX.
11 Oct: US – PPI (MoM) (Sep).
12 Oct: US – CPI (YoY) (Sep).
13 Oct: $FLR – FlareDrop.
15 Oct: $CORE – Network Upgrade.
Conclusion
October 2023 promises to be a month filled with significant developments and events in the cryptocurrency space. From blockchain upgrades to regulatory discussions and NFT innovations, there is a lot to keep track of. Whether you are a long-time crypto enthusiast or just starting to explore the world of digital assets, staying informed about these events will be essential for navigating the dynamic crypto landscape.
Remember to exercise caution and conduct your due diligence before participating in any cryptocurrency-related activities, and be prepared for potential market fluctuations as the month unfolds. Here is the second part.
Disclaimer
The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.