Next Week's Key Preview
November 25
Zircuit will officially lift the transfer restrictions on ZRC tokens on November 25;
November 26
Starknet mainnet STRK staking feature will be enabled on November 26;
WalletConnect Foundation Director: WCT claims and staking will go live on November 26;
November 27
The Federal Reserve will release the minutes of the November monetary policy meeting;
November 30
Ethena will finalize the parameters for activating the fee switch by November 30;
From November 25 to December 1, more noteworthy events in the industry are as follows.
November 25
Bithumb plans to terminate trading support for XENT and RLY on November 25
Odaily Planet Daily reports that according to an official announcement, Bithumb stated that the legal dispute with the XENT Foundation regarding the termination of trading support for XENT has concluded, and trading support will cease at 15:00 local time on November 25, 2024 (Monday), with withdrawals supported for 30 days thereafter.
Additionally, Bithumb announced that according to the "Virtual Asset Investment Caution Project Designation Policy," trading support for RLY will also be terminated at 15:00 local time on November 25, 2024, with withdrawals supported for 30 days after the termination date.
Coinbase will terminate "Paycheck Direct Deposit" service on November 25 and launch new features
Odaily Planet Daily reports that Coinbase announced on Tuesday that it will terminate its "Paycheck Direct Deposit" service starting November 25, which previously allowed users to receive part or all of their salary in cryptocurrency.
This decision has caused dissatisfaction among some users. In response, a spokesperson for Coinbase stated that the company will bring a better retail direct deposit experience in the future, "We have announced a new Coinbase Wallet Direct Deposit feature that will be rolled out to eligible users in the coming months, further helping users to fully manage their financial lives on-chain." (Decrypt)
SSV Network: Plans to upgrade the mainnet to Alan on November 25
Odaily Planet Daily reports that the Ethereum staking infrastructure SSV Network officially announced on the X platform that it will perform the Alan upgrade on the mainnet at block height 327,375, scheduled for around 20:00 on November 25. This upgrade will bring various performance and scalability improvements, significantly reducing resource consumption such as CPU time and bandwidth.
Zircuit will officially lift the transfer restrictions on ZRC tokens on November 25
Odaily Planet Daily reports that Zircuit officially announced on the X platform that it will lift the transfer restrictions on ZRC tokens on November 25, and Zircuit will also launch significant products next week.
November 26
Trump's "hush money" case judgment postponed to November 26
Odaily Planet Daily reports that a U.S. court has postponed the judgment date for Trump's "hush money" case to November 26. (Jin10)
Starknet mainnet STRK staking feature will be enabled on November 26
Odaily Planet Daily reports that the Ethereum Layer 2 network Starknet officially announced that it will launch the STRK token staking feature on the mainnet on November 26. This feature has been extensively tested on the Sepolia testnet and is about to enter the first phase of deployment.
According to the official announcement, there are two ways to participate in staking: to become a validator, one must stake at least 20,000 STRK and run a full node; to become a delegator, one only needs to hold STRK tokens and choose from the available validator list. Whether as a validator or a delegator, unstaking requires a 21-day lock-up period.
WalletConnect Foundation Director: WCT claims and staking will go live on November 26
Odaily Planet Daily reports that WalletConnect Foundation Director Pedro Gomes posted on X that WCT claims and staking will go live on November 26.
Odaily Planet Daily reports that the Bitcoin-native lending public chain Side Protocol, led by crypto gang member Dave Hrycyszyn, announced that the registration for the SIDE token genesis airdrop will follow a first-come, first-served (FCFS) method, with a registration cap for each category. Once the cap is reached, registration for that category will close.
Previously, it was reported that 100,000,000 SIDE tokens are allocated for the Genesis Drop, with the token launch planned to start after the mainnet launch in January 2025, lasting for 3 months. The check and registration page is "genesis.side.one," with the start date on November 26, 2024, at 10:00 AM (UTC) and the end date on December 15, 2024, at 10:00 AM (UTC).
The official reminder states that users need a Bitcoin mainnet address (Taproot or Native SegWit) to register for this airdrop and check their eligibility for the minimum airdrop amount.
November 27
The Federal Reserve will release the minutes of the November monetary policy meeting
Odaily Planet Daily reports that the Federal Reserve will release the minutes of the November monetary policy meeting at 3:00 AM on November 27.
Starknet mainnet will upgrade to version v0.13.3 on November 27
Odaily Planet Daily reports that Starknet announced that its mainnet will upgrade to version v0.13.3 on November 27. At that time, the Blob Gas price on Starknet will be reduced by 5 times. Some node operators running Juno instances will need to upgrade to version v0.12.4 to synchronize with v0.13.3 blocks; if using Pathfinder > v0.14.2, no action is required.
November 28
OKX will officially delist LON/USDT and LON/USDC trading pairs on November 28, 2024
Odaily Planet Daily reports that OKX will officially delist the LON/USDT and LON/USDC trading pairs from 16:00 to 16:30 (UTC+8) on November 28, 2024. Users with open orders for these trading pairs are requested to cancel their orders before 16:00 (UTC+8) on November 28, 2024. If not canceled in time, the system will automatically execute the orders. Cancellation may take 1 to 3 business days.
OKX: Plans to deliver MAJORUSDT pre-delivery contracts on November 28
Odaily Planet Daily reports that according to an official announcement, OKX will deliver MAJORUSDT pre-delivery contracts at 19:00 (UTC+8) on November 28, 2024. After the contract delivery, users with a position value greater than $10,000 at the time of MAJORUSDT contract delivery will be restricted from transferring all assets in their trading accounts, which will be restored to normal after 30 minutes.
ZetaChain launches a 10 million ZETA validator delegation program, applications due by November 28
Odaily Planet Daily reports that ZetaChain announced its validator delegation program will delegate 10,000,000 ZETA, aimed at supporting its ecological partners and helping to protect and develop this universal blockchain.
The main goals of the validator delegation program include:
Recognizing active contributors: Rewarding validators who actively contribute to the ecosystem through reliable performance, community engagement, and technical expertise;
Supporting decentralization: Encouraging the development of a diverse validator community by assisting smaller independent validators in obtaining delegations and earning staking rewards;
Enhancing network stability: Promoting a balanced distribution of staking across various dimensions, including validator types, geographic locations, data centers, service providers, and operational setups.
The plan will delegate tokens to a group of active validators that meet specific criteria, aimed at achieving network diversification, empowering independent validators, and creating a fair competitive environment for network participants. The limit is set to 15 validators, with applications due by November 28, 2024.
November 29
None
November 30
Cryptocurrency exchange Fairdesk announces closure on November 30
Odaily Planet Daily reports that Fairdesk, a cryptocurrency exchange headquartered in Singapore, recently announced that it will permanently close all services on November 30, 2024. Customers must clear their accounts by October 17, at which point futures and spot positions will be closed, and the platform will only retain withdrawal functionality, which will continue until November 30. (Cointelegraph)
Ethena will finalize the parameters for activating the fee switch by November 30
Odaily Planet Daily reports that the Ethena Foundation announced that the "Enable ENA Fee Conversion" proposal put forward by Wintermute has been approved by the Risk Committee. The foundation will work with the Risk Committee to finalize the parameters for activating the fee switch by November 30, with specific implementation mechanisms to be announced later.
December 1
Odaily Planet Daily reports that Sonic Labs announced that on December 1 at 20:00 Beijing time, it will take a snapshot of each wallet holding six different Sonic Shards. Once the chain goes live, all eligible wallets will be whitelisted to mint exclusive NFTs on Sonic, which will be used to earn points for the upcoming airdrop of approximately 200 million S tokens.
Shard obtained through secondary markets (such as PaintSwap) will also be eligible, provided they are held before the snapshot date. The team will reveal the design of the exclusive NFTs as the minting release approaches.
LOOP: Plans to launch three games on December 1
Odaily Planet Daily reports that LOOP plans to launch three games: LOOP Football, LOOP Racing, and LOOP Reality Simulation; currently, it is in the final testing phase and is expected to officially launch on December 1.
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