ChainCatcher news, the Bitcoin native Layer 2 project Bitlayer based on Bitcoin Finality has officially launched the BTCFi Carnival event in collaboration with Binance Wallet, which will last until January 24, 2025. During the BTCFi Carnival, Binance Wallet will host exclusive events for 2-3 BTCFi projects each week, distributing a total of $1.2 million in BTR rewards and generous rewards from ecological projects to participating users.Currently, Binance Wallet has launched the first week's event with a $600,000 BTR incentive. Users can now log in to the page to complete social tasks and daily check-in tasks set by Bitlayer, and upon verification, they can receive corresponding BTR rewards.In addition, Bitlayer has added an extra 10 million BTR prize pool for continuous check-in rewards, and will soon launch a feature for Bitlayer Lucky Helmet NFT holders to directly claim exclusive BTR rewards.

ChainCatcher news, Bitcoin L2 project Bitlayer announces that the first phase of the developer incentive airdrop program Dapp leaderboard competition will officially launch on May 23, with the specific activity period from May 23 to June 23. This competition will allocate a token airdrop worth 20 million dollars to projects deployed on the Bitlayer mainnet based on their ecological contribution, with all airdrops distributed daily in the form of Bitlayer gems and redeemable for Bitlayer Token (BTR) according to the rules after the TGE.According to the Dapp competition rules, projects can increase their Bitlayer ecological contribution and receive more Bitlayer gems by raising TVL, increasing user interactions, boosting the number of active users, and enhancing popularity rankings. Additionally, projects can choose to distribute airdrop rewards to participating users; if fully distributed, the rewards obtained by the project will be automatically allocated to users after the competition ends. Besides the airdrop rewards, Bitlayer has also set up a 2 million dollar listing fund and a 100 million dollar liquidity fund to fully support ecological projects.The first phase of the Dapp leaderboard competition is part of Bitlayer's 50 million dollar token developer incentive airdrop program Ready Player One. After this competition concludes, the remaining token rewards will be distributed through subsequent leaderboard competitions and the Bitlayer Most Valuable Player (MVP) program.

ChainCatcher news, according to Forbes, a Bitcoin nonprofit organization Btrust, founded by former Twitter (now X) CEO and Block CEO Jack Dorsey along with rapper Jay-Z to support Bitcoin development in Africa and India, has acquired the African Bitcoin talent company Qala. The deal was completed on September 1, and Qala has been renamed to Btrust Builders Programme.Longe and Qala project manager Stephanie Titcombe will join Btrust as project leads for Btrust Builders, which is shifting its focus to open-source training and inviting senior software developers from Africa to participate in the development of Bitcoin and the Lightning Network.