Next Week Highlights
Genesis Global Trading will close its cryptocurrency spot trading platform on September 18th;
NFT project Nakamigos will conduct a new season public sale on September 21st;
The Ethereum Holesky testnet is expected to restart on September 22nd or 28th;
ETHGlobal New York will be held from September 22nd to 24th;
Bidding for FTX 2.0 will end on September 24th, and more than 75 bidders have been contacted.
September 18 to September 24, the following events deserve attention:
September 18
SEC sues Binance: next hearing on "protective order" motion scheduled for September 18th
According to the lawsuit filed by the SEC against Binance, Binance.US, and its founder CZ, Judge Zia M. Faruqui signed a temporary order on Wednesday. This is because Binance and its subsidiary Binance.US submitted a joint motion requesting a protective order and opposing the SEC's motion to compel disclosure of evidence.
According to a court document dated September 13th, Judge Faruqui has issued a temporary order scheduling the next hearing for September 18th.
Judge Faruqui will hear statements from the defendants regarding the motion for a protective order filed by BAM Management US Holdings and BAM Trading Services (Binance.US); in addition, the SEC's arguments against the motion for a protective order will also be heard. (CoinGape)
Genesis Global Trading to close cryptocurrency spot trading platform on September 18th
According to an email sent to customers on Tuesday, Genesis' cryptocurrency spot trading business will be closed later this month.
Specifically, Genesis Global Trading (GGT) will close its over-the-counter trading platform on September 18. All trades must be settled by September 21, and all remaining open positions will be closed on the 30th. The email stated, "This decision was made voluntarily for business reasons." Another trading-focused subsidiary, GGC International Limited, will continue to operate its spot and derivatives trading services. (CoinDesk) South Korea will investigate the cryptocurrency trading and holdings of its parliament members within three months starting from September 18. [Link](https://www.odaily.news/newsflash/335353) The Anti-corruption and Civil Rights Commission of South Korea announced the formation of a special investigation team on parliament members' virtual assets. The investigation will last for three months. [Link](https://www.odaily.news/newsflash/334699) The investigation team is comprised of 30 professional investigators and will examine the parliament members' acquisition, trading, and losses of virtual assets in South Korea from May 30, 2020, the start of the 21st National Assembly members' term, to May 31 of this year. The team will also compare this situation with the contents declared by the members themselves to the Ethics Consultation Committee of the National Assembly Ethics Special Committee. (Hankyung) The ssv network has launched a new testnet called Jato-V2, and the current Jato-V1 will be closed on September 18. [Link](https://www.odaily.news/newsflash/334699)direction-ltr">Odaily News Ethereum Staking Infrastructure ssv network announced that the new testnet Jato-V2 is now online and officially open to the public. This testnet is the same version as the one currently running on the mainnet and provides a test environment similar to the mainnet.
Starting from September 4th, Jato-V2 will be permissionless, which means anyone can test the ssv network protocol. During the migration period of 2 weeks, all Jato-V1 users need to transfer to V2 while familiarizing themselves with the new version protocol. Jato-V1 will be closed on September 18th.
Balancer DAO issues on-chain statement, attackers must return 90% of the funds by September 18th
Odaily News Balancer official stated that Balancer DAO has issued an on-chain statement to the attackers. The attackers must return 90% of the funds by 17:00 on September 18th (Beijing time). Failure to do so will result in involvement of relevant authorities.
September 19th
Odaily News: Patrick McHenry, Chairman of the House Financial Services Committee, announced that the House Capital Markets Subcommittee will hold a hearing next week entitled "Supervision of the SEC's Investment Management Division". The specific date is September 19 at 10:00 Eastern Time (September 20, 22:00 Beijing Time).
Odaily News: According to an official announcement, Binance Futures will perform system upgrades on Cross Margin and Isolated Margin at the following times to improve overall system performance and stability.
Isolated Margin: September 19, 2023, 14:00 to 15:00 (GMT+8)
Cross Margin: September 20, 2023, 14:00 to 15:00 (GMT+8)
Each system upgrade typically takes about an hour. During the system upgrade, all leveraged services will remain operational. It is recommended that users reassess their margin balance and risk ratio before the system upgrade to avoid potential liquidation risks caused by price fluctuations.
The 117th Ethereum ACDC Conference: Devnet #9 is expected to launch on September 19th
Odaily News reports that Christine Kim, Vice President of Research at Galaxy, summarized the discussions at the 117th Ethereum Core Developer Consensus (ACDC) meeting, which covered Dencun testing, EIP 4844 blob parameterization, SSZ StableContainer proposal, and mitigating validator churn.
Regarding Dencun testing, developers are continuing to test the Cancun/Deneb (Dencun) upgrade on Devnet #8. They have agreed to postpone the release of Devnet #9 by one week, extending it to next Tuesday (September 19th).
Developers are considering increasing the target maximum blob count from 2/4 to 3/6.
Etan Kissling, a developer at the Nimbus (CL) client, is working on upgrading Ethereum's data structure to a new serialization format called SSZ (StableSize). He has named this approach for the upgrade as "StableContainer" and formatted it into a formal Ethereum Improvement Proposal (EIP).
Tip Coin: The token listing will be delayed until September 19th.
Odaily News reports that Tip Coin, on platform X, stated that due to disk damage, the token listing will be delayed until September 19th, 0:00 (UTC+8).
Tip Coin stated that all data has backups, but there are some missing recent changes on GitHub, hence the delay.
September 20th
Odaily News According to the official announcement, Binance will lower the maintenance margin rate corresponding to the full margin leveraged assets supported by unified account plan and classic unified account plan starting from 20:00 on September 20, 2023 (UTC+8).
Please note that this adjustment to the maintenance margin rate of full margin leveraged assets will affect the corresponding leverage multiples. The existing full margin leveraged positions under these two unified account plans will automatically be updated to the new maintenance margin rate and new leverage multiples after 20:00 on September 20, 2023 (UTC+8).
Odaily News Ripple's development department RippleX posted on the X platform that the XRP Ledger 1.12.0 version has been released. This version adds new features and bug fixes, and introduces the following revisions: AMM, Clawback, and fix Reduced Offers V1.
RippleX reminds XRPL server operators to upgrade to the latest version by September 20, 2023 to ensure service continuity and to support voting on new amendments such as XLS-30.
Phaver will collaborate with SwissBorg to launch Phaver private token financing on September 20th
Odaily News: Web3 social application Phaver announced on the X platform that its early investor, Swiss cryptocurrency startup SwissBorg, is offering an exclusive opportunity for their community and the Phaver community to invest in Phaver private token financing. The allocation amount depends on the Phaver level, with higher levels receiving larger quotas. The SwissBorg campaign will last for 3 weeks and end with a level snapshot on September 19th, with sales starting on September 20th.
Phaver reminds that SwissBorg is unable to operate in all countries/regions, however, their restrictions will not affect any future sales or airdrops by Phaver.
Gambit Pass NFT to launch limited subscription on September 20th
Odaily News: According to official news, Gambit Pass NFT will be launched on September 20th for limited subscription.
Platform equity NFT Gambit Pass will be available for purchase on September 20, 2023. As the first limited edition equity Pass card on the Gambit platform, holding this NFT will entitle you to long-term benefits on the platform, including but not limited to platform revenue sharing and regular airdrop rewards.Gambit aims to bridge the gap between the traditional financial industry and the crypto ecosystem. Serving as a bridge between traditional finance and digital finance, Gambit Dex allows individuals and businesses to easily experience a publicly transparent decentralized financial ecosystem, enabling flexible conversion of personal and corporate assets and providing trading liquidity for real-world assets and digital assets.
September 21
Binance Futures to Delist 20 Cross and Isolated Margin Trading Pairs Including MKR/BUSD
According to the official announcement, Binance Futures will remove ALICE/BUSD, ANKR/BUSD, AVA/BUSD, BICO/BUSD, CLV/BUSD, COTI/BUSD, DAR/BUSD, DEGO/BUSD, GLM/BUSD, IMX/BUSD, KP3R/BUSD, KSM/BUSD, LRC/BUSD, MDX/BUSD, MKR/BUSD, POLYX/BUSD, SLP/BUSD, WAXP/BUSD, XTZ/BUSD, and ZIL/BUSD cross and isolated margin trading pairs on September 21st at 14:00 (UTC+8).
Huang Licheng's AIP-304 proposal initiated in the ApeCoin community will begin voting at 9:00 tomorrow and end at 9:00 on September 21st. The proposal suggests using 11 million APE tokens to purchase Yuga assets, including BAYC, MAYC, BAKC, and Punks NFTs, for exhibition and donation to art institutions, enhancing the global dissemination of digital art.
If the proposal is approved, a new governance token DAM will be launched for selection and management of the assets.bsp;NFT collection, 30% DAM will be distributed to ApeCoin stakers within 5 years, 70% will be allocated to the treasury, decided by token holders' vote. The collection will consist of at least 70% Yuga assets, 30% can be used for other mainstream NFTs.
NFT project Nakamigos will conduct a new season public sale on September 21st
According to official sources, NFT project Nakamigos announced the information of the new season NFT sale. The exclusive minting of this series (wallets that meet the snapshot requirements) will take place from 12 to 15 Eastern Time on September 21st (0 to 3 Beijing Time on September 22nd). The public minting will start at 16 Eastern Time on September 21st (4 Beijing Time on September 22nd).
September 22nd
According to a spokesperson from Binance, Visa has stopped issuing new co-branded credit cards in Europe since July. In addition, Mastercard will end its credit card partnership with Binance, affecting all four co-branded card projects in Argentina, Brazil, Colombia, and Bahrain starting from September 22. Mastercard declined to disclose the reasons behind this decision.
Binance stated that less than 1% of its users in Latin America and the Middle East will be affected by this decision, and there will be no impact on Binance accounts worldwide. (Bloomberg)
At the upcoming 2023 World Digital Mining Summit (WDMS 2023), Bitmain will unveil the ANTMINER S21 miner, the first miner in the world to achieve an energy efficiency ratio of 1 XJ/T.
WDMS 2023, organized by Bitmain, will take place in Hong Kong from September 22 to 23, 2023. In addition to the S21 release, Bitmain will also launch a customer loyalty program, allowing customers to purchase new mining machines based on loyalty points.
Odaily News: Casio announced that it will launch its virtual G-SHOCK watches on the Polygon blockchain. The project will start with an NFT-based G-SHOCK creator pass, allowing holders to enter the project's dedicated Discord channel and vote on the appearance design of the watch.
Starting from September 23rd, Casio will distribute 15,000 NFT-based G-SHOCK creator passes to users. Casio customers who have registered with the company's membership website, CASIO ID, can participate in the presale from September 23rd to 26th, and then the public sale will run from September 26th to 29th. (The Block)
September 24th
The bidding for FTX 2.0 will end on September 24th, and more than 75 bidders have been contacted.
According to Fortune magazine, FTX has contacted at least 75 bidders since May 2023 to evaluate the possibility of resuming the exchange. According to the filing, the bidding deadline for FTX 2.0 is September 24th. The process aims to consider different potential structures, including acquisitions, mergers, capital reorganizations, or other transactions, to restart FTX.com or FTX US exchange.
The animated series Krapopolis will premiere on FOX on September 24th, offering NFTs to reward fans.
The new series "Krapopolis" created by Dan Harmon, co-creator of "Rick and Morty," will premiere on FOX TV on September 24th. This animated series integrates Web3 assets to enhance audience engagement and reward fans.
For the blockchain part of the show, Blockchain Creative Labs (BCL), a Web3 media company under Fox, has launched an NFT series called "Krap Chickens" consisting of 10,420 digital chickens. This series, which is still being minted, was officially launched after the announcement at the 2022 Anime Expo.
So far, collectors have minted 3,sp;696 Krap Chicken, each NFT can serve as a fan passport for the Krapopolis extended universe and has the features described in the series. According to OpenSea's data, the floor price of this NFT is currently listed as 0.091 ETH. (The Defiant)
Others (specific time to be determined)
Odaily News According to official news, Bakery Incubator, the investment department of BakerySwap, announced a $2 million strategic investment in Topic.Market. This investment will be used to support Topic.Market's growth in product consultation, market expansion, and other aspects. Topic.Market will start the testing phase next week.
It is reported that users can express their opinions on popular topics such as cryptocurrency trends and breaking news on Topic.Market, and profit from it. Topic.Market is both a social platform and a trading platform, where users can purchase "Supports" to express their views on hot topics and also profit from trading.
