Next weeks highlights
BounceBit: BTCB, WBTC, FDUSD, and USDT will be available for withdrawal on May 20 ;
The first ETH spot ETF will reach a final decision on May 23 ;
MOCA Foundation: MOCA token distribution is expected to be carried out around May 24 ;
Notcoin plans to launch its first campaign early next week ;
From May 20 to May 26, more noteworthy events in the industry are previewed below.
May 20
PayPal: Starting May 20, NFT purchases will no longer be supported by the buyer protection program
According to PayPals new policy, NFT purchases will no longer be supported by the companys buyer protection program starting May 20. In addition, NFT sales worth more than $10,000 will not be protected from false claims and refunds. (TheBlock)
Aragon: ANT withdrawals on Binance will end at 11:00 on May 20
Odaily Planet Daily News Aragon issued a reminder on the X platform: ANT withdrawals on Binance will end at 11:00 on May 20, and ANT withdrawals will not be supported after that. If you need help exchanging ANT from CEX, please read the FAQ at the bottom of the portal, or use the official ANT exchange portal to ensure safety.
BounceBit: BTCB, WBTC, FDUSD, USDT will be available for withdrawal on May 20
Odaily Planet Daily News BounceBit published an article on the X platform to announce the opening time and path of asset withdrawal, as follows: MUBI, AUCTION, DAII will be open for withdrawal on May 13; BTCB, WBTC, FDUSD, USDT that are not pledged in Premium will be open for withdrawal on May 20; BTCB and WBTC pledged in Premium can be withdrawn after unstaking, uncommissioning, and cross-chain; FDUSD and USDT pledged in Premium can be withdrawn after unstaking and cross-chain.
Zilliqa plans to release v9.3.4 upgrade on mainnet on May 20
Odaily Planet Daily reported that according to official news, the Zilliqa infrastructure team is working to enhance EVM compatibility implementation based on feedback from users and projects within the community to improve the ability to deploy and interact with contracts and transactions on the Zilliqa network.
The next network upgrade, Zilliqa v 9.3.4, will include some changes to improve the network development experience, in addition to fixing specific bugs related to EVM compatibility, involving inaccurate gas estimation, duplicate log events, transaction quantity query issues, etc.
The team plans to release this upgrade on the mainnet on May 20, 2024.
May 21
Odaily Planet Daily News According to the official announcement, Binance will support the Lisk (LSK) contract swap plan. Binance will suspend the recharge and withdrawal of old LSK tokens at 10:00 on May 21 (Eastern Time Zone 8).
Odaily Planet Daily reported that the blockchain application platform Lisk issued the following reminder to LSK token holders on the X platform: If users are currently staking LSK tokens, they must claim the staked tokens before the May 21 snapshot; after the migration (contract replacement) is completed, users have two years to claim new ERC 20 LSK tokens.
Blockchain game Nyan Heroes: NYAN token will be launched on BYBIT on May 21
Odaily Planet Daily News: Solana ecosystem chain game Nyan Heroes announced on the X platform that the NYAN token will be listed on BYBIT at 4 pm Beijing time on May 21.
LeverFi Announces LEVERPRO•POINTS to Launch on Runes Protocol on May 21
Odaily Planet Daily News: LeverFi, an on-chain leveraged trading protocol, announced on the 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 LeverPro launch portal on the day of its launch. LEVERPRO•POINTS allow LEVER holders to participate in projects launched on LeverPro and gain additional privileges such as priority allocation and larger project allocation size.
Users can participate in the Staking Epoch II by locking LEVER on the Staking Portal. Staking Epoch II will begin on May 21 and last for approximately 3 months, distributing 2 billion LEVERPRO•POINTS to the LEVER staking community.
May 22
SEC, Terraform Labs and Do Kwon to debate fraud compensation plan on May 22
Odaily Planet Daily News: After a jury found Terraform Labs and its co-founder Do Kwon liable in a fraud case with the US SEC, a US federal judge ordered the parties to discuss compensation plans ranging from millions to billions of dollars.
According to court documents, Judge Jed Rakoff of the Southern District of New York said that lawyers from the SEC, Kwon and Terraform should appear in court on May 22 to argue the compensation plan. Previously, each party had submitted their own requests for forfeiture, prejudgment interest and civil penalties, but the judge allowed each party to supplement the materials before the court appearance.
The SEC requires Kwon and Terraform to pay approximately $4.7 billion in forfeiture and prejudgment interest, as well as a total of $520 million in civil penalties; Terraforms legal team recommended a $1 million civil penalty and no forfeiture. Both parties will submit supplementary proposals by May 6 and May 1, respectively. (Cointelegraph)
Nigerian court says Binance can face tax evasion charges and plans to hear case again on May 22
Odaily Planet Daily News: Binance and its executives were charged with money laundering and tax evasion, as well as the bail hearings for detained Binance compliance director Tigran Gambaryans, all held in Nigeria on Friday. The court ruled that Gambaryan could be used to make Binance accept tax evasion charges from the Federal Inland Revenue Service of Nigeria. Gambaryans lawyers opposed the application on the grounds that the revised charges needed to be reviewed in order to provide defense advice for Gambaryan, and the court agreed to postpone the matter until May 22 for hearing. (Coindesk)
Bybit: $26 million comprehensive compensation plan to be launched on May 22
According to the official announcement, Bybit will implement a comprehensive compensation plan worth $26 million for all 320,000 affected users. All airdrops and compensation will be deposited into user accounts at 8:00 am UTC on May 22, 2024. Earlier news, on May 17, the listing of NOT caused the Bybit matching engine to crash. Bybit CEO Ben Zhou said that he would issue a public statement and compensation plan to all affected users.
Jupiters third LFG voting round will take place on May 22, with changes such as Blind Voting
Odaily Planet Daily News Jupiter announced the opening of the third round of LFG on the X platform, and voting will be conducted on May 22. There are some key changes in this round, with the goal of implementing lessons learned from past votes and community feedback to improve the LFG platform, including: In this vote, the project with the most votes in each round will be launched on LFG; Blind Voting: The team has conducted multiple experiments on displaying results and believes that hiding the results in this vote is worth trying; Meteora has also made significant progress in anti-bot capabilities and is expected to be utilized when UpRock is released this month.
Jupiter acquires Ultimate Wallet and plans to shut down its app service on May 22
Odaily Planet Daily News: Jupiter forwarded information on the X platform announcing the acquisition of Ultimate Wallet and its mobile team, aiming to promote the Jupiter Mobile plan and simplify the mobile user experience. The current Ultimate application will be on May 22, 2024, which also means that users will no longer be able to use Ultimate in the near future.
May 23
The first ETH spot ETF will have its final decision on May 23
Odaily Planet Daily reported that Bloomberg data showed that the Ethereum spot ETF applied for by VanEck will usher in the final decision moment on May 23, and the Ethereum spot ETF applied for by Ark and 21 Shares will usher in the final decision moment on May 24.
Currently, there are 6 spot ETH ETH waiting for the SEC to make a decision.
Odaily Planet Daily reported that according to the official announcement, Binance is expected to suspend the token recharge and withdrawal services of the Neutron (NTRN) network at 21:30 on May 23, Eastern Time, to support its network upgrade.
The project will upgrade the network at block height 10,525,000 (estimated at 22:30 on May 23, 2020, GMT+8).
Odaily Planet Daily News Optimism announced the details of the fourth round of Retro Funding on the X platform. Optimism Collective will allocate 10 M OP to reward super chain builders. Some key time points are selected:
1. Registration starts: May 23;
2. Registration deadline: June 6;
3. Application review process: June 6 - June 18;
4. Voting: June 23 - July 8;
5. Results and grant delivery: July 15.
Aethir plans to release the first batch of 11,000 edge computing devices on May 23
Odaily Planet Daily News: Decentralized GPU cloud infrastructure Aethir announced the official release of edge computing device Aethir Edge on May 23. The first batch of 11,000 devices will be exclusively released to the Aethir community, and 23% of the total supply of ATH tokens will be used to incentivize Aethir Edge users. The device will be sold in multiple rounds, and early registrants will enjoy a preferential price of $999 (market price $1099). Anyone can join the waiting list through the original link to obtain future devices, and register for a white list for a chance to share a $6,000 prize pool and 3 free devices. Aethir Edge is the only authorized mining device integrated with Aethirs distributed cloud infrastructure, powered by the Qualcomm® SnapdragonTM 865 chip, and enables high-performance cloud gaming, artificial intelligence, and graphics rendering experiences.
Axie Infinity Classic Season 3 Begins May 23
Odaily Planet Daily News Sky Mavis Growth Manager pos 2.ron released an update on the Axie Infinity project on the X platform. If everything goes according to plan, the rewards for Season 2 will be distributed this week. The third season of the Axie Classic Competition will begin on May 23, and Origins artwork will debut. The final list of the second season leaderboard and the format of the season championship will be announced on Wednesday.
It has been confirmed that there will not be any balance changes in Season 3, and Artifact will be introduced in Season 4. More details will be announced later.
May 24
Odaily Planet Daily News WorldCoin Foundation announced that the community funding program WAVE 1 application is now open. In Wave 1, WorldCoin introduces the following categories:
1. Improved developer experience and tools: Solutions and infrastructure that make it easier for other developers to build on Worldcoin;
2. Digital Identity: Projects and research that build on World ID or make it easier for others to integrate, implement and leverage new applications;
3. Ecosystem Growth: Community initiatives and activities that drive World ID’s global expansion;
4. Governance: Projects, research, and experiments that leverage WorldID and explore new areas of decentralized governance;
5. To be determined.
It is reported that similar to Wave 0, applicants can apply for $10,000 community grants, $50,000 project grants, and more open projects and RFPs. The relevant applications need to be submitted before the deadline of May 24, 2024.
MOCA Foundation: MOCA token distribution is expected to be carried out around May 24
Odaily Planet Daily News: MOCA Foundation announced that the public offering of MOCA tokens has ended. It is expected that the final allocation results of the MOCA token issuance activity will be announced on May 7, and the tokens will be distributed around May 24.
The MOCA token issuance information is as follows: a total of 126,984,127 MOCA tokens are provided, accounting for 1.5% of the total token supply, and the price of each token is US$0.03938; the FDV of the total MOCA token supply is US$350,000,000; participants in the MOCA token issuance receive the most favorable vesting terms in different vertical fields, unlocking 5% at TGE, a 3-month cliff period, and a 52-week linear release driven by the CoinList platform.
Odaily Planet Daily News: NatixNetwork, a decentralized infrastructure network focusing on map data, announced that it will conduct a public token offering on the CoinList platform. NATIX Token was launched on the CoinList platform at 01:00 on May 17, 2024, and the public offering will last until 1:00 on May 24 (Beijing time).
The public offering will provide 5 billion NATIX tokens, accounting for 5% of the total supply (100 billion), with a fixed price of $0.001 per token and a total valuation of $100 million. The minimum purchase limit for CoinList users is $100 and the maximum limit is $2,000.
Unlock and linear unlock period: 25% unlocked by TGE, and the remaining unlocked linearly over 6 months.
May 25
None
May 26
Ethereum Foundation EPF 5 program opens applications until May 26
Odaily Planet Daily News: The Ethereum Foundation announced that the fifth phase of the Ethereum Protocol Fellowship (EPF 5) program is now open for applications, with a deadline of May 26.
The Ethereum Protocol Fellowship (EPF) is a permissionless program that provides aspiring Ethereum protocol contributors with the opportunity to collaborate with others, interact with Ethereum core developers, and make a significant impact on the Ethereum ecosystem.
The fifth EPF will last for five months, with two offline events held between June and November at EthCC in Brussels and Devcon in Southeast Asia. Successful participants will receive a monthly stipend and have the opportunity to work with mentors from the core development community.
According to community members, the launch of TAIKO TGE tokens may be on May 26.
According to a post by user @Cryptophileee on the X platform, according to the GitHub codebase information, Ethereum Layer 2 network Taiko may issue tokens on May 26, and airdrops will be launched soon. Earlier news, Ethereum Layer 2 network Taiko announced that the proposal to deploy Uniswap v3 on its mainnet has been approved.
Others (specific time undetermined)
Notcoin plans to launch its first event early next week
Odaily Planet Daily News: Notcoin announced its future plans on the X platform: the products and offers for the first event are almost ready and will be launched at the beginning of next week. After the staking period ends, users will get one week of offered Level for free; gold and platinum players can get allocations from other launched events; users can unstake Notcoin at any time and withdraw it on the chain. Yes, you will lose your Level benefits and access to the pool.
Synthetix plans to migrate to V3 in June and will launch sUSD incentives next week
Odaily Planet Daily News Synthetix announced the V3 version migration plan. The migration will be divided into two phases. SNX holders of the Ethereum mainnet will migrate in June, and SNX holders of Optimism will migrate later.
Synthetix also stated that in order to expand the scale of sUSD, sUSD incentives will be launched next week, including providing at least 10,000 OP incentives per week for the sUSD/USDC liquidity pool on Optimisms VelodromeFi, and at least 20,000 SNX incentives per week for the sUSD liquidity pool on Ethereum Curve.
Odaily Planet Daily reported that Slerf posted on the X platform that he had met with OKX and discussed the following: the final NFT minting date will be announced next week; 1 week to improve smart contracts + integration; 1 week to complete the front-end development of the OKX market; 2 weeks for the launch strategy. The target is the second week of June, but it may happen earlier.
85% of Chiliz validators voted in favor of launching the Dragon 8 hard fork upgrade next week
According to official news, Chiliz Chain CEO Alexandre Dreyfus posted on the X platform that 85% of Chiliz validators have voted in favor of launching the Dragon 8 hard fork upgrade next week. Chiliz will ensure chain security and incentive rewards through new token economics to prepare for growth opportunities. Another phase of development will begin next week.
