Preview of the week's top news | Binance and OKX will list NOT tokens; BounceBit will launch its mainnet and airdrop; FTX Digital requires creditors to submit proof of debt or claim; LayerZero will re

Compilation: Fairy, ChainCatcher

Key News:

May 13 (Monday)

OKX Jumpstart to Start NOT (NOT) Mining on May 13

According to official sources, OKX Jumpstart will launch NOT (Notcoin), and TON holders can stake TON to mine NOT tokens, with a maximum of 4,000 TON per person. This Jumpstart mining will start at 14:00 on May 13 (Beijing time) and will last for 3 days.

Binance New Coin Mining to Start NOT (NOT) Mining on May 13

According to official sources, the 54th phase of Binance's new coin mining project will be launched, allowing BNB and FDUSD to mine Notcoin (NOT). Users can deposit BNB and FDUSD into the NOT mining pool on the Launchpool website after 08:00 on May 13 (GMT+8) to receive NOT rewards. NOT mining will last for 3 days. Notcoin (NOT) will be listed on Binance at 20:00 on May 16 (GMT+8), and trading markets for NOT/BTC, NOT/USDT, NOT/BNB, NOT/FDUSD, and NOT/TRY will be available, subject to seed label trading rules.

BounceBit to Launch Token Airdrop and Mainnet on May 13

BounceBit announced its mainnet launch schedule. From May 6 to 12, Premium Yield Generation will be temporarily suspended until the mainnet is launched. From May 6 to 12, BounceBit will introduce the first batch of professional node operators. On May 13, the BounceBit mainnet will be launched, and BB points will be automatically distributed to eligible wallets without the need for declaration or interaction with any web pages. The BB Megadrop on Binance will end on the same day, and rewards will be distributed before trading begins.

Synthetix Founder Plans to Launch Decentralized Perpetual Contract Exchange Infinex on May 13

Kain Warwick, the founder of Synthetix, announced plans to officially launch the decentralized perpetual contract exchange Infinex on May 13. May 13 will be the "account activation day," when Infinex users can access their self-custody accounts on the platform. Warwick stated that May 13 is a proposed date, submitted to the Synthetix protocol management DAO, and still requires on-chain voting approval for activation.

NuLink (NLK) to be Listed on KuCoin BurningDrop on May 13

NuLink (NLK) will be listed on KuCoin BurningDrop starting from 18:00 on May 13, 2024 (UTC+8). The KCS pool will be open for subscription during the purchase period. In addition, for accelerated burning, users who have subscribed can choose to burn KCS to receive more NLK airdrops. The total distribution of NLK this time is 1,000,000, with 15% of the NLK rewards to be distributed before the start of NLK trading on the KuCoin spot market. The remaining 85% will be distributed in monthly installments of 28.3% after the first allocation is locked for three months.

Particle Network Announces Users Can Claim bitSmiley Token Distribution by May 13

The modular L1 project Particle Network announced that the Bitcoin ecosystem DeFi solution bitSmiley's activity on The People's Launchpad has ended, with over 600,000 independent participants. Users can claim the bitSmiley token BIT distribution by 20:00 on May 13. To complete the claim, users need to spend BTC on Bitlayer, and all unclaimed distributions will be confiscated. The bitSmiley team will distribute its tokens by the end of June 2024, and once the distribution date is confirmed, it will announce the official BIT statement.

zkSync to Launch Next Upgrade on May 13, Including P256Verify, Bridgehub, and More

Ramon, the product delivery lead at Matter Labs, stated that zkSync's next upgrade will be launched on May 13. The new upgrade content and features include: P256Verify, Bridgehub, ZK Stack support for Validium, custom DA layer, and protocol work for custom base tokens have also been completed. With some upcoming server changes, these changes will be available for ZK Stack chains; support for .transfer/.send calls without the need to provide Gas.

Blockchain game Engines of Fury to launch FURY token on May 13

Blockchain game Engines of Fury announced the launch of the FURY token on May 13, which will be issued on platforms such as Ape Terminal and SidusPad.

Modular data layer CARV to launch first node sale on May 13

The modular data layer CARV will launch its first node sale on May 13, allowing global users to participate in the CARV distributed data network and receive corresponding rewards by running lightweight verification nodes. The node sale will offer 100,000 verification nodes, using a multi-tier pricing system, and node operators will receive CARV native tokens as rewards, with 25% of the total supply gradually allocated to validators.

May 14 (Tuesday)

Dutch judge to rule on Tornado Cash developer case on May 14

According to CoinDesk, Dutch prosecutors are seeking a 64-month prison sentence for Tornado Cash developer Alexey Pertsev on money laundering charges, and the judge will rule on May 14. The two-day trial took place on Tuesday and Wednesday at the S-Hertogenbosch court and may have implications for how developers are treated by other courts.

Monero P2P trading platform to cease operations, new transactions disabled from May 14

Monero P2P trading platform LocalMonero announced the cessation of operations, with new registrations and ad postings disabled. New transactions will be disabled from May 14, 2024, and the website will be shut down on November 7, 2024.

Samourai Wallet founder Keonne Rodriguez's related hearing to be held on May 14

The related hearing for Samourai Wallet founder Keonne Rodriguez will be held on May 14. Previously, the founder of Samourai Wallet was arrested and charged with money laundering by the U.S. federal prosecutor. The Samourai Wallet founder pleaded not guilty to the charges and was released on a $1 million bail.

Bounce Brand to launch Bounce M&A on May 14

Bounce Brand announced on X platform that Bounce M&A will be launched at 1:00 UTC on May 14 (9:00 Beijing time). Users will be able to mint new synthetic tokens by merging three tokens (specific tokens not disclosed) into one synthetic token.

Racer 1 game to be released on Apple App Store and Google Play Store on May 14

Solana ecosystem game project MixMob announced that its Race-to-Earn game MixMob: Racer 1 will be released on May 14 on the Apple App Store and Google Play Store.

ThunderCore plans Athena hard fork upgrade on May 14, 2024

The EVM-compatible blockchain ThunderCore plans to conduct the Athena hard fork upgrade on May 14, 2024, at 13:53:43 at block height 163550404. The main goal of this network upgrade is to increase the efficiency and reduce costs of the ThunderCore node support for computing and storage architecture, prepare for future ThunderCore on-chain governance, and make ThunderCore API more suitable for various programming languages.

May 15 (Wednesday)

FTX Digital customers and non-customer creditors to submit claims by May 15

FTX Digital Markets Ltd (in formal liquidation) has notified customers and non-customer creditors to submit electronic claims by May 15, 2024. Eligible customers and non-customer creditors can view their balances in FTX accounts and submit electronic claims in the FTX Digital liquidation.

Binance Futures to delist IDEXUSDT, SLPUSDT, and other U perpetual contracts

Binance Futures will automatically liquidate IDEXUSDT, SLPUSDT, GLMRUSDT U perpetual contracts, and MDTUSDT, AUDIOUSDT U perpetual contracts at 17:00 on May 15, 2024, and 17:00 on May 16, 2024, and will delist the above U perpetual contract trading pairs after the liquidation.

BNB Chain announces opBNB testnet to undergo hard fork upgrade on May 15

BNB Chain announced on social media that the opBNB testnet is scheduled to undergo a hard fork upgrade on May 15 at 14:30, aiming to reduce Gas fees on opBNB by 10 times. All opBNB testnet nodes must upgrade to the latest version before 14:00 on that day.

May 15 (Sunday)

The snapshot time for the BNB Chain Season 2 Airdrop Alliance plan is 8:00 on May 15, Beijing time

Users who stake at least 1 BNB token to the BNB Smart Chain, or use the staking migration tool to migrate BNB tokens from the Beacon Chain to BSC, can achieve Tier 1 eligibility. Staking at least 5 BNB tokens to BSC will grant Tier 2 eligibility.

Cosmos Hub plans to upgrade to v16 on May 15

According to an announcement on X platform by Cosmos Hub, Proposal 914 has been approved by the community, indicating the execution of the v16 software upgrade. Cosmos Hub stated that the upgrade will be executed at block 20440500 (expected on May 15).

Bitcoin Cash network upgrade scheduled for May 15 at 20:00

Bitcoin Cash is expected to undergo a network upgrade on May 15 at 20:00. Binance expects to temporarily suspend Bitcoin Cash (BCH) token deposits and withdrawals at 19:00 Beijing time to support the network upgrade.

Game Guild of Guardians based on Immutable zkEVM to be globally released on May 15

The game Guild of Guardians, based on Immutable zkEVM, announced on X that it will be globally released on May 15, opening to every player on Google Play and the Apple App Store.

Pancakeswap CAKE prediction market to close on May 15

Pancakeswap announced on X platform that the CAKE prediction market will close on May 15.

May 16 (Monday)

Coinbase to list JTO, JUP, and TNSR perpetual futures contracts on May 16

Coinbase International Exchange and Coinbase Advanced will add support for JTO, JUP, and TNSR perpetual futures contracts. The JTO-PERP, JUP-PERP, and TNSR-PERP markets will open at 17:30 Beijing time on May 16, 2024, or later.

Deadline for Alpaca Finance's PYTH airdrop distribution plan on Alperp is May 16

Alpaca Finance announced the PYTH airdrop distribution plan, offering a maximum weekly reward of 20,000 PYTH as a trading fee rebate, running from March 14, 2024, to May 16.

DePIN L1 blockchain Peaq to sell native PEAQ tokens on CoinList from May 9 to May 16

DePIN L1 blockchain Peaq announced the sale of native PEAQ tokens on CoinList from May 9 to May 16. Users from the US, Canada, China, South Korea, and some other jurisdictions will be unable to participate.

Binance Options to undergo upgrade on May 16 at 17:00

According to the official announcement, Binance Options will undergo a system upgrade at 17:00 on May 16, 2024 (UTC+8), with an expected duration of 5 minutes. The main improvements of this upgrade include enhancing overall system performance and stability. During the upgrade, users interacting with the Binance API may encounter invalid API key, IP, or operation permission errors when requesting eAPI endpoints.

May 17 (Tuesday)

Nigerian court postpones trial of Binance and its executives to May 17

According to Reuters, a Nigerian court has postponed the money laundering trial of cryptocurrency exchange Binance and its two executives to May 17. A lawyer for the exchange stated that they had not received the necessary documents for the case preparation.

LayerZero "Witch Activity Self-Reporting" deadline is 19:59:59 on May 17

The deadline for the "Witch Activity Self-Reporting" on LayerZero is 19:59:59 on May 17. Witch addresses can self-report relevant addresses on the designated page to receive the expected allocation of 15% without answering any questions.

May 18 (Wednesday)

LayerZero to announce official witch inspection results on May 18

According to the official disclosure from LayerZero, the witch cleansing activity will be conducted in three rounds.

The first round is the "Self-Exposure" stage, which will last for 14 days. Users who suspect themselves of witchcraft can "self-expose" through the window provided by LayerZero in this stage to retain 15% of the airdrop allocation.

The second stage is the "Trial" stage, during which LayerZero will conduct witch inspections according to specific rules. The inspection results will be announced on May 18. Addresses identified in this stage will not receive any airdrop allocation.

The third stage is the "Mutual Accusation" stage, which will run from May 18 to May 31. LayerZero encourages community users to mutually report witchcraft behavior. Successful accusers can receive 10% of the airdrop allocation of the accused address.

May 19 (Thursday)

a16z Speedrun accelerator application deadline is May 19

a16z General Partner Andrew Chen stated that they will invest $30 million through the a16z Speedrun program in the next 45 days, with each startup joining the Speedrun program receiving $750,000. The application deadline for Speedrun is May 19. The company's gaming fund was launched in 2022, investing in various game-related technologies, including Web3.

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