Must pay attention next week
Binance and SEC lawsuit hearing postponed to next Monday；
BSC is expected to conduct a Kepler hard fork on the mainnet on January 23；
SushiSwap will shut down Kanpai on January 23；
SEC has postponed decision on Grayscale Spot Ethereum ETF to January 25；
A hearing on the dispute over the value of FTXs claims will be held on January 25；
ACDC #126 will be held on January 25th；
From January 22nd to January 28th, more noteworthy events in the industry are previewed below.
January 22
Binance and SEC lawsuit hearing postponed to next Monday
Odaily News Due to bad weather, the hearing on the lawsuit between Binance and the US SEC will be postponed to next Monday.
Binance will upgrade the coin-based futures trading market maker program on January 22
According to an official announcement from Odaily, Binance will upgrade its currency-based contract trading market plan. Starting from 8:00 on January 22, 2024 (East Eighth District time), users who meet the new standards can participate in this program.
For users who meet the new standards of the plan, the maker fee rebate will be updated around 12:00 on January 30, 2024 (East Eighth District time).
Axie Infinity will move unused AOC tokens from Ethereum to Ronin on January 22
According to official news from Odaily, Axie Infinity will migrate all unused AOC tokens from Ethereum to the Ronin chain at 23:00 on January 22.
AOC token holders need to migrate or these tokens will become worthless. AOC token holders can perform a roll operation after the migration is completed. Every 5 AOC tokens will generate an Origin Axie, with a 1/18 chance of generating a Mystic mysterious part.
There are currently 36 AOC token holders, including Sky Mavis. Sky Mavis has reserved some AOC tokens for future marketing and rewards.
Odaily News DotSwap issued a document on the Superposition calculation. DotSwap added that DotSwap’s official token liquidity pool will also receive airdropped tokens.
According to official news from Odaily, Bitcoin side chain MVC has released its first inscription protocol MVC-20 and will start Fair Mint (Fair Mint) on January 22.
It is understood that MVC-20 aims to build an innovative fair distribution mechanism. MVC-20 adopts a Burn to Mint mechanism, with no pre-sale, no whitelist, no team allocation, and no pre-emptive trading of Gas fees; all users who mint MVC-20 tokens must burn a certain amount of SPACE. The intrinsic value of the destroyed SPACE is converted into MVC-20 tokens and will not flow into the wallets of project parties or miners.
Sotheby’s launches auction of 19 Bitcoin Ordinals collection to end on January 22
Odaily News Art auction house Sothebys has auctioned its selected Bitcoin Ordinals collection. The auction is called Natively Digital: An Ordinals Curated Sale and includes a total of 19 collections, including rare Satoshi, Bitcoin Works by Bitcoin Ordinals pioneer artist Shroomtoshi, generative art, and a collection related to Bitcoin Ordinals brand Taproot Wizards. Auction ends January 22nd at 2:00pm ET. (TheBlock)
January 23
BSC is expected to conduct a Kepler hard fork on the mainnet on January 23
Odaily News According to an official blog post, BSC (BNB Smart Chain) is about to launch a hard fork called Kepler, with multiple major updates to support fast final governance and EVM compatibility. This hard fork is closely integrated with Ethereum’s Shanghai upgrade, introducing BSC-specific enhancements. After the Kepler hard fork, these changes will move from being based on block heights to having an impact on Unix time.
The Kepler hard fork is scheduled to take effect on the following dates and times: testnet at 8:00 AM UTC on December 19, 2023, and mainnet at 8:00 AM UTC on January 23, 2024.
SushiSwap will shut down Kanpai on January 23
Odaily News SushiSwap issued a statement stating that Kanpai 2.0 will be closed on January 23 and will return to the xSushi model. The Sushi Bar will reopen, allowing xSushi holders to earn a portion of Sushi DEX transaction fees.
By staking Sushi at Sushi Bar, Sushi holders will receive xSushi and be entitled to 0.05% off the standard trading fee of 0.3%. Currently, SUSHI tokens have completed the minting of 250 million total supply and no new tokens will be released. Currently, SushiSwap has updated its token economic model, but it will not be deployed.
Avalanche WebWallet will be retired on January 23rd, while new wallet Core will be enabled
Odaily News Ava Labs product related person Kieran McShane posted on the X platform that the Avalanche wallet WebWallet will be deactivated on January 23 and transitioned to the new wallet Core. In addition, the WebWallet code will remain open source.
Core is built to accommodate upcoming advanced AVAX staking features and functionality, supporting verification, delegation, x/p/c access, cross-chain transfers, portfolio exports, and more.
Open Campus plans to release the decentralized identity Open Campus ID on January 23
Odaily News Web3 education platform Open Campus plans to release the decentralized identity Open Campus ID on January 23. In addition to this, Open Campus accelerator OC-X plans to establish a $10 million fund to onboard 100 education startups. OC-X has successfully brought several companies, including Skizaa, EduCup, Collective, Atiom and Patika.dev, into the Open Campus consortium, which now has 1.8 million learners.
Odaily Xunchain Game Lumiterra issued a document on the All assets and user data will be retained and the market will continue to operate normally.
Additionally, the AMM bonus pool will soon be available in a web version, making it easier for players to claim their remaining winnings. The unstake feature for Mystery Boxes is launching this week.
Next, the Lumiterra team will focus on delivering the content of the second test, which will optimize and introduce new mechanics in Lumi Finance.
January 24
Odaily News Polygon announced on social media that the Polygon Village community funding round is open today on Gitcoin Grants Stack and Giveth, and the donation period will end on January 24.
January 25
SEC has postponed decision on Grayscale Spot Ethereum ETF to January 25
The SEC has postponed its decision on whether to approve the Grayscale Spot Ethereum ETF. The SEC has extended its decision on the proposed fund by 45 days to Jan. 25, at which time the SEC can choose to approve, reject or continue to defer, according to published documents.
The Commission believes it is appropriate to designate a longer period of time to address the proposed rule changes to allow sufficient time to consider the proposed rule changes and the issues raised therein, the SEC said.
A hearing on the dispute over the value of FTXs claims will be held on January 25
Odaily News According to court documents on December 27, bankrupt FTX sought court approval to estimate its customers’ digital asset claims in U.S. dollars. The platform recommended estimating the following prices: Bitcoin at $16,871 and Ethereum at $1,258. , SOL is $16, and AVAX is $14.19. FTX believes that its valuation represents the “fair and reasonable” value of these digital assets as of the bankruptcy date (November 11, 2022).
The motion drew criticism from FTX’s creditors, with Sunil Kavuri, one of the bankrupt company’s most prominent creditors, noting that the motion grossly undervalued the digital asset and urging clients to “fight.” Parties to the bankruptcy case have until Jan. 11 to file objections, and a hearing on the matter is scheduled for Jan. 25.
The 126th Ethereum Core Developers Consensus Conference (ACDC#126) will be held on January 25
Odaily News The 125th Ethereum Core Developer Consensus Conference (ACDC#125) has ended. The main discussions include the Cancun upgrade test network, as well as EIP-7002, EIP-6110, EIP-7251, SSZ--ification, EIP -6404, EIP-6465, EIP-6466, EIP-6914, EIP-7549, etc. should be included in the Electra upgrade.
The 126th meeting will be held at 22:00 on January 25, Beijing time.
Cross-chain bridge Router Nitro will be launched on the mainnet on January 25
Odaily News According to the official promotional video released on the X platform, the cross-chain bridge Router Nitro will be launched on the main network on January 25.
January 26
Odaily News WisdomTree announced plans to close and liquidate three WisdomTree ETFs, namely WisdomTree International ESG Fund (RESD), WisdomTree Emerging Markets ESG Fund (RESE) and WisdomTree US ESG Fund (RESP).
Shareholders who have not sold their ETF shares before January 26, 2024 (Friday) will have their shares automatically redeemed based on the net asset value (NAV) of the corresponding ETF, which is expected to be passed around February 5, 2024 (Monday) A broker or other financial intermediary is provided to shareholders.
It is reported that WisdomTree’s current global asset management scale is approximately US$97.7 billion. (BusinessWire)
It is worth mentioning that WisdomTree also joined the list of applications to launch a spot Bitcoin ETF and submitted a revised ETF prospectus (S-1 filing) in November.
Bloomberg analyst James Seyffart said this means WisdomTree is still planning the ETF and is negotiating with the Corporate Finance Division of the U.S. Securities and Exchange Commission (SEC). This is just a step in the process, nothing critical.
zkLink will hold a community token sale on CoinList on January 26th
Odaily News zkLink, a multi-chain transaction infrastructure based on zero-knowledge proof, issued a statement saying that the zkLink Explorer whitelist and community token sale have been launched. Users who apply for the zkLink Explorer whitelist before 20:00 on January 16th, Beijing time will be given priority to participate in the CoinList community sale. The whitelist will give priority to active community members and long-term zkLink supporters. Users will still need to register on CoinList’s zkLink exchange page to qualify for the token sale.
In addition, registration for the zkLink community token sale is open. Sales registration starts at 1:00 on January 12, Beijing time, and ends at 20:00 on January 22. On sale date is January 26th at 2:00 pm. 31, 250, 000 ZKL (ERC-20) will be used for token distribution and sale, accounting for 3.125% of the total supply, and the token price is $0.15 per coin. The total supply of ZKL is 1 billion, with 30% unlocked in the first quarter of 2024 and linearly released in the following nine months. The minimum purchase to participate in CoinList is $100 in tokens, and the maximum purchase is $500 in tokens. USDT and USDC purchases are supported. Residents of the United States, Canada, China, South Korea and other jurisdictions are not eligible to participate.
ZKLs token economic model is: CoinList sales allocation accounts for 3.125%, community treasury allocation accounts for 29.875%, liquidity reserve allocation accounts for 4%, ecosystem development allocation accounts for 22.5%, team consultant allocation accounts for 20%, Early private placement allocation accounts for 20.5%.
Finschia and Klaytn propose mainnet merger, voting will begin on January 26
Finschia, a blockchain project launched by Odaily instant messaging application LINE, and South Korean public chain Klaytn jointly launched FGP-23 and proposed a main network merger. The integrated chain will combine Ethereum (EVM) and Cosmos (CosmWasm) technologies to provide Compatibility and high-performance networking.
Under the proposal, a new integration token (tentatively named PDT) will be issued. Holders of FNSA and KLAY will be able to claim the new tokens. This merger proposes a new token economic model. Approximately 24% of the existing issuance will be burned, and unissued supply will be permanently removed. The integrated inflation rate will be reduced to 5.2%, and a new 3-Layer burn model will be introduced to sustain growth.
Governance voting will be held from 13:00 on January 26 to 13:00 on February 2, Beijing time. If the proposal is approved, the two parties plan to establish an integrated foundation within the second quarter, launch new token exchanges, complete governance integration, and launch new business plans for the combined mainnet.
January 27
None yet
January 28
None yet
Others (specific time to be determined)
Odaily News Meow, co-founder of Solana DEX aggregator Jupiter, posted on the X platform that its protocol token JUP will be launched at 10:00 on January 31, Eastern Time.
Before launching JUP, the team plans to test the new release platform first, and will conduct 2 major test releases, including the test release of mockJUP (simulated JUP token) tomorrow, and the release of meme coins (not tokens created by Jupiter, nor MEOW) next week ).
