Next week's highlights
BounceBit: BTCB, WBTC, FDUSD, USDT withdrawals will be available on May 20;
The first ETH spot ETF will face the final decision on May 23;
MOCA Foundation: Token distribution of MOCA is expected to take place around May 24;
Community feedback suggests that TAIKO TGE token listing may take place on May 26;
Notcoin plans to launch its first event early next week;
From May 20th to May 26th, more events worth paying attention to in the industry are as follows.
May 20th
PayPal: NFT purchases will no longer be covered by buyer protection plan starting May 20
According to PayPal's new policy, starting May 20, NFT purchases will no longer be covered by the company's buyer protection plan. In addition, NFT sales worth over $10,000 will not be protected from false claims and refunds. (TheBlock)
Aragon: Withdrawals of ANT on Binance will be suspended by 11:00 on May 20
Aragon issued a reminder on X platform: Withdrawals of ANT on Binance will be suspended by 11:00 on May 20, and will no longer be supported after that time. For assistance in exchanging ANT from CEX, please refer to the FAQ at the bottom of the portal website, or use the official ANT exchange portal to ensure safety.
BounceBit: BTCB, WBTC, FDUSD, USDT withdrawals will be available on May 20
BounceBit announced on X platform the specific time and path for asset withdrawals as follows: MUBI, AUCTION, DAII will be available for withdrawal on May 13; BTCB, WBTC, FDUSD, USDT not pledged in Premium will be available for withdrawal on May 20; BTCB, WBTC pledged in Premium can be withdrawn after unlocking pledge, revoking delegation, and cross-chain operations; FDUSD, USDT pledged in Premium can be withdrawn after unlocking pledge and cross-chain operations.
Zilliqa plans to release upgrade v9.3.4 on the mainnet on May 20
According to official sources, the Zilliqa infrastructure team is focusing on enhancing EVM compatibility to improve the deployment and interaction capabilities of contracts and transactions on the Zilliqa network based on feedback from users and projects within the community.
The next network upgrade, Zilliqa v9.3.4, will include specific fixes related to EVM compatibility, as well as changes to improve network development experience, involving inaccurate gas estimation, duplicate log events, and transaction count queries.
The team plans to release this upgrade on the mainnet on May 20, 2024.
May 21st
According to an official announcement, Binance will support the Lisk (LSK) contract replacement plan. Binance will suspend the deposit and withdrawal services for the old LSK tokens at 10:00 on May 21 (UTC+8).
Blockchain application platform Lisk issued a reminder to LSK token holders on X platform: If users are currently staking LSK tokens, they need to claim staked tokens before the snapshot on May 21; after the migration (contract replacement) is completed, users have two years to claim the new ERC20 LSK tokens.
Nyan Heroes, a blockchain game: NYAN token will be listed on BYBIT on May 21
Nyan Heroes, a blockchain game in the Solana ecosystem, announced on X platform that the NYAN token will be listed on BYBIT at 4:00 pm on May 21 (Beijing time).
LeverFi announces the launch of LEVERPRO•POINTS on the Runes protocol on May 21
LeverFi, a decentralized leveraged trading protocol, announced on X platform that LEVERPRO•POINTS (formerly LVR) will be launched on the Runes protocol on May 21.
After the end of staking Epoch I, users can claim their LEVERPRO•POINTS on the day of its release on the LeverPro launch portal. LEVERPRO•POINTS will allow LEVER holders to participate in projects launched on LeverPro and gain additional privileges, such as priority allocation and larger project allocation scale.
Users can participate in staking Epoch II by locking LEVER on the staking portal. Staking Epoch II will start on May 21 and last for about 3 months, distributing 2 billion LEVERPRO•POINTS to the LEVER staking community.
May 22nd
After a jury ruled that Terraform Labs and its co-founder Do Kwon were responsible in a fraud case with the U.S. SEC, a federal judge in the Southern District of New York ordered the parties to discuss compensation ranging from millions to billions of dollars.
Court documents show that Judge Jed Rakoff of the Southern District of New York ordered the SEC, Kwon, and Terraform's lawyers to debate the compensation plan on May 22. Prior to the court appearance, the judge allowed the parties to submit additional materials regarding disgorgement, pre-judgment interest, and civil penalties.
SEC has requested Kwon and Terraform to pay approximately $4.7 billion in disgorgement and pre-judgment interest, as well as a total of $520 million in civil penalties; Terraform's legal team, on the other hand, suggested a $1 million civil penalty, without paying disgorgement. Both parties will submit supplementary proposals by May 6 and May 1, respectively. (Cointelegraph)
Odaily News reports that Binance and its executives' money laundering, tax evasion, and the detention of Binance's compliance officer Tigran Gambaryans' bail hearing were held in Nigeria on Friday. The court ruled that Binance can accept tax evasion charges from the Nigerian Federal Inland Revenue Service through Gambaryan. Gambaryans' lawyer opposed this application, citing the need to review the modified charges to provide defense advice for Gambaryan, and the court agreed to postpone the matter to May 22 for retrial. (Coindesk)
Bybit: $26 million comprehensive compensation plan set to launch on May 22
According to an official announcement, Bybit will implement a $26 million comprehensive compensation plan for all 320,000 affected users, and all airdrops and compensation will be deposited into user accounts at 8:00 am UTC on May 22, 2024. Earlier reports indicated that the listing of NOT on May 17 caused Bybit's matching engine to crash. Bybit CEO Ben Zhou stated that a public statement and compensation plan will be issued to all affected users.
Jupiter announced on X platform the start of the third round of LFG, with voting scheduled for May 22. This round has some key changes aimed at implementing lessons learned from past voting and community feedback to improve the LFG platform, including: the project with the most votes in each round of voting will be launched on LFG; adoption of Blind Voting: the team has experimented with hiding results multiple times and believes that hiding results in this vote is worth trying; Meteora has also made significant progress in anti-bot functionality and is expected to be utilized at the release of UpRock this month.
Jupiter acquires Ultimate Wallet and plans to stop its application services on May 22
Jupiter reposted information on X platform announcing the acquisition of Ultimate Wallet and its mobile team, aiming to drive the Jupiter Mobile plan and simplify the mobile user experience. The current Ultimate application will be discontinued on May 22, 2024, meaning users will no longer be able to use Ultimate in the near future.
May 23
The first ETH spot ETF will face the final decision on May 23
Bloomberg data shows that the Ethereum spot ETF applied for by VanEck will face the final decision on May 23, while the Ethereum spot ETFs applied for by Ark and 21Shares will face the final decision on May 24.
Currently, there are a total of 6 spot ETH ETFs awaiting the SEC's decision.
According to an official announcement, Binance is expected to suspend token deposits and withdrawals for the Neutron (NTRN) network at 21:30 on May 23 (UTC+8) to support its network upgrade.
The project will upgrade the network at block height 10,525,000 (expected at 22:30 on May 23, UTC+8).
Optimism announced on X platform the details of the fourth round of Retro Funding. Optimism Collective will allocate 10 million OP to reward superchain builders, with key timelines as follows:
- Registration starts: May 23
- Registration deadline: June 6
- Application review process: June 6 - June 18
- Voting: June 23 - July 8
- Results and funding delivery: July 15
Aethir plans to release the first batch of 11,000 Aethir Edge edge computing devices on May 23
Decentralized GPU cloud infrastructure Aethir announced the official release of the Aethir Edge edge computing devices on May 23. The first batch of 11,000 devices will be exclusively released to the Aethir community, with 23% of the total supply of ATH tokens used to incentivize Aethir Edge users. The devices will be released in multiple rounds, with early registrants enjoying a $999 discount (market price $1099). Anyone can join the waiting list through the original link to receive future devices, and registering for the whitelist has the chance to share a $6000 prize pool and win 3 free devices. Aethir Edge is the only authorized mining device integrated with the Aethir distributed cloud infrastructure, powered by the Qualcomm® Snapdragon TM 865 chip, and enables high-performance cloud gaming, AI, and graphics rendering experiences.
Axie Infinity Classic Arena Season 3 set to begin on May 23
pos2.ron, head of growth at Sky Mavis, posted an update on the Axie Infinity project on X platform. If all goes according to plan, Season 2 rewards will be distributed this week. The third season of the Axie Classic Arena (Season 3) will begin on May 23, with Origins artwork making its first appearance. The final list of the second season leaderboard and the format of the season championship will be announced on Wednesday.
The official has confirmed that there will be no balance changes in the third season, and Artifacts will be introduced in the fourth season. More details will be announced later.
May 24
The WorldCoin Foundation announced that the community funding plan WAVE1 applications are now open. In Wave1, WorldCoin introduces the following categories:
Improving developer experience and tools: solutions and infrastructure to make it easier for other developers to develop on Worldcoin.
Digital Identity: Projects and research based on World ID, or projects and research that make it easier for others to integrate, implement, and utilize new applications.
Ecosystem Growth: Community initiatives and activities to drive the expansion of World ID globally.
Governance: Projects, research, and experiments utilizing World ID and exploring new areas of decentralized governance.
To be determined.
It is reported that similar to Wave 0, applicants can apply for a $10,000 community grant, a $50,000 project grant, and more open projects and RFPs. Relevant applications need to be submitted before the deadline of May 24, 2024.
MOCA Foundation: Expected token distribution to take place around May 24
Odaily News reports that the MOCA Foundation announced the end of the MOCA token public sale and expects to announce the final allocation results of the MOCA token issuance activity on May 7, with token distribution scheduled to take place around May 24.
The details of the MOCA token issuance are as follows: a total of 126,984,127 MOCA tokens will be provided, accounting for 1.5% of the total token supply, with a price of $0.03938 per token; the FDV of the total token supply of MOCA tokens is $350,000,000; participants in the MOCA token issuance will receive the most favorable vesting terms in different verticals, unlocking 5% at TGE, a 3-month cliff period, and a 52-week linear release driven by the CoinList platform.
DePIN project Natix conducts token public sale on CoinList platform, to continue until May 24
Odaily News reports that the decentralized infrastructure network NatixNetwork, focused on map data, announced the token public sale on the CoinList platform. The NATIX Token was listed on the CoinList platform on May 17, 2024, and the public sale will continue until 1:00 on May 24 (Beijing time).
The public sale will offer a supply of 5 billion NATIX tokens, accounting for 5% of the total supply (100 billion tokens), at a fixed price of $0.001 per token, with a total valuation of $100 million. The minimum purchase limit for CoinList users is $100, and the maximum limit is $2000.
Unlocking and linear unlocking period: 25% unlocked at TGE, with the remaining 6 months linear unlocking.
May 25
No news available.
May 26
Ethereum Foundation's EPF5 program opens for applications, with a deadline of May 26
Odaily News reports that the Ethereum Foundation announced the opening of applications for the Ethereum Protocol Fellowship fifth edition (EPF5) program, with a deadline of May 26.
The Ethereum Protocol Fellowship (EPF) is an unlicensed project that provides opportunities for individuals aspiring to become Ethereum protocol contributors to collaborate with others, interact with Ethereum core developers, and have a significant impact on the Ethereum ecosystem.
The fifth edition of EPF will last for five months, with two offline events scheduled in Brussels at EthCC and in Southeast Asia at Devcon from June to November. Successful participants will receive a monthly stipend and have the opportunity to work with mentors from the core development community.
Community feedback indicates that TAIKO TGE token listing may take place on May 26
Odaily News reports that according to user @Cryptophileee on X platform, information from the GitHub code repository indicates that the Ethereum Layer 2 network Taiko may conduct token issuance on May 26, with airdrops set to go live. Earlier reports stated that the Ethereum Layer 2 network Taiko announced the deployment of the Uniswap v3 proposal on its mainnet.
Other (Specific time undetermined)
Notcoin plans to launch its first event early next week
Odaily News reports that Notcoin announced on X platform its future plans: the products and offers for the first event are nearing completion and will start early next week. After the staking period ends, users will receive a week of offered Level for free; gold and platinum level players can receive allocations from other upcoming events; users can unstake Notcoin at any time and withdraw on-chain. Yes, you will lose your Level benefits and access to the pool.
Synthetix plans to migrate to V3 version in June, and will launch sUSD incentives next week
Odaily News reports that Synthetix announced its migration plan for the V3 version, which will be conducted in two phases, with SNX holders on the Ethereum mainnet migrating in June, and SNX holders on Optimism migrating later.
Synthetix also stated that to expand the scale of sUSD, it will launch sUSD incentives next week, including providing at least 10,000 OP incentives per week for the sUSD/USDC liquidity pool on Optimism's VelodromeFi, and at least 20,000 SNX incentives per week for the sUSD liquidity pool on Ethereum's Curve.
Slerf: Final minting date for NFT to be announced next week, targeting OKX launch in June
Odaily News reports that Slerf announced on X platform that it had met with OKX and discussed the following: the final minting date for NFT will be announced next week; 1 week to finalize smart contracts + integration; 1 week to complete front-end development for the OKX market; 2 weeks for the launch strategy. The target is the second week of June, and it may happen earlier.
85% of Chiliz validators vote in favor of launching Dragon8 hard fork upgrade next week
Odaily News reports that according to official information, Alexandre Dreyfus, CEO of Chiliz Chain, announced on X platform that as of now, 85% of Chiliz validators have voted in favor of launching the Dragon8 hard fork upgrade next week. Chiliz will prepare for growth opportunities by ensuring chain security and incentive rewards through the new token economics. The next phase of development will begin next week.
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