Next weeks highlights
November 25
Zircuit will officially lift the transfer restrictions on ZRC tokens on November 25 ;
November 26
Starknet mainnet STRK staking function will be enabled on November 26 ;
Director of WalletConnect Foundation: WCT claiming and staking will be launched on November 26 ;
November 27
The Federal Reserve released the minutes of its November monetary policy meeting ;
November 30
Ethena will finalize the parameters for fee switch activation by November 30 ;
From November 25 to December 1, more noteworthy events in the industry are previewed below.
November 25
Bithumb plans to terminate XENT and RLY trading support on November 25
Odaily Planet Daily reported that according to the official announcement, Bithumb stated that the legal dispute procedure with the XENT Foundation over the termination of XENT trading support has ended. It is scheduled to stop XENT trading support at 15:00 local time on November 25, 2024 (Monday), and support withdrawals within 30 days thereafter.
In addition, Bithumb also announced that in accordance with the Policy on the Designation of Cautious Projects for Virtual Asset Investment, it will terminate RLY trading support at 15:00 local time on November 25, 2024, and withdrawals will be supported within 30 days after the end date of trading support.
Coinbase to End Direct Payroll Deposit on November 25, Launch New Features
Odaily Planet Daily News Coinbase announced on Tuesday that it will terminate its Paycheck Direct Deposit service starting November 25. This feature previously allowed users to pay part or all of their wages in the form of cryptocurrency.
This decision has caused dissatisfaction among some users. In response, a Coinbase spokesperson said that the company will bring a better retail direct deposit experience in the future. We have announced a new Coinbase wallet direct deposit feature, which will be launched to eligible users in the coming months, further helping users put their financial lives completely on the chain. (Decrypt)
SSV Network: Mainnet Alan upgrade to be launched on November 25
Odaily Planet Daily News: Ethereum staking infrastructure SSV Network officially announced on the X platform that it will carry out Alan upgrade on the main network at block height 327, 375, around 20:00 on November 25. This upgrade will bring various performance and scalability upgrades, significantly reducing CPU time and bandwidth and other resource usage.
Zircuit will officially lift the transfer restrictions on ZRC tokens on November 25
Odaily Planet Daily News: Zircuit officially announced on the X platform that it will officially lift the transfer restrictions on ZRC tokens on November 25. In addition, Zircuit will also launch a major product next week.
November 26
Trumps hush money case postponed to November 26
Odaily Planet Daily News: The US court said that the date of the verdict on Trumps hush money case will be postponed to November 26. (Jin Shi)
Starknet Mainnet STRK Staking Function Will Be Enabled on November 26
Odaily Planet Daily News: Ethereum Layer 2 network Starknet officially announced that it will launch the STRK token staking function on the mainnet on November 26. The function 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, you need to stake at least 20,000 STRK and run a full node; to become a delegator, you only need to hold STRK tokens and choose from the list of available validators. Whether it is a validator or a delegator, it takes a 21-day lock-up period to release the stake.
WalletConnect Foundation Director: WCT claiming and staking will be launched on November 26
Odaily Planet Daily reported that Pedro Gomes, director of the WalletConnect Foundation, posted on X that WCT claiming and staking will be launched on November 26.
Odaily Planet Daily News: Side Protocol, a Bitcoin native lending public chain led by crypto gangster member Dave Hrycyszyn, officially announced that the SIDE token Genesis airdrop registration will follow a first-come, first-served (FCFS) method. Each category has a registration cap. Once the cap is reached, registration for that category will be closed.
According to previous news, 100,000,000 SIDE tokens were allocated to the Genesis Drop, and the token launch is scheduled to start after the mainnet launch in January 2025 for a period of 3 months. The inspection and registration page is genesis.side.one, the start date is November 26, 2024 at 10:00 am (UTC), and the end date is December 15, 2024 at 10:00 am (UTC).
Official reminder: users need a Bitcoin mainnet address (Taproot or Native SegWit) to register for this airdrop and check whether they are eligible for the minimum airdrop that can be received.
November 27
The Federal Reserve released the minutes of its November monetary policy meeting
Odaily Planet Daily reported that the Federal Reserve will release the minutes of the November monetary policy meeting at 3:00 on November 27.
Starknet mainnet will be upgraded to v 0.13.3 on November 27
Odaily Planet Daily News Starknet announced that its mainnet will be upgraded to v 0.13.3 on November 27. At that time, the Blob Gas price on Starknet will be 5 times cheaper. Some node operators running Juno instances need to upgrade to v 0.12.4 to synchronize with v 0.13.3 blocks. If Pathfinder ＞ v 0.14.2 is used, no action is required.
November 28
OKX will officially delist LON/USDT and LON/USDC trading pairs on November 28, 2024
Odaily Planet Daily News OKX will officially delist LON/USDT and LON/USDC trading pairs at 16:00-16:30 (UTC+ 8) on November 28, 2024. Users who have pending orders for the above currency pairs, please cancel the order before 16:00 (UTC+ 8) on November 28, 2024. If you fail to cancel the order in time, the pending order system will automatically execute it for you. It may take 1 to 3 working days to cancel the order.
OKX: MAJORUSDT pre-market delivery contract to be delivered on November 28
Odaily Planet Daily reported that according to the official announcement, OKX announced that it will deliver the MAJORUSDT pre-market delivery contract at 7:00 pm (UTC+ 8) on November 28, 2024. After the contract is delivered, users whose positions are worth more than US$10,000 at the time of delivery of the MAJORUSDT contract will be restricted from transferring all assets in their trading accounts, and the system will return to normal after 30 minutes.
ZetaChain launches 10 million ZETA validator delegation program, application ends on November 28
Odaily Planet Daily News ZetaChain announced that its validator delegation program will delegate 10,000,000 ZETA. The program aims to support its ecological partners and help protect and develop this universal blockchain.
The main goals of the validator delegation program include:
Recognize active contributors: Reward validators who actively contribute to the ecosystem through reliable performance, community participation, and technical expertise;
Support decentralization: Encourage the growth of a diverse validator community by assisting smaller independent validators to gain delegation and earn staking rewards;
Enhanced network stability: Facilitates balanced distribution of stake across validator types, geographies, data centers, service providers, and operational setups.
The program delegates tokens to a group of active validators that meet specific criteria, working to diversify the network, empower independent validators, and create a level playing field for network participants. The limit is 15 validators, and applications end on November 28, 2024.
November 29
None
November 30
Cryptocurrency exchange Fairdesk announces it will shut down on November 30
Odaily Planet Daily News: Fairdesk, a cryptocurrency exchange headquartered in Singapore, recently announced that it will permanently shut down all services on November 30, 2024. Customers need to clear their accounts before October 17, when futures and spot positions will be closed, and the platform will only retain the withdrawal function, which will continue until November 30. (Cointelegraph)
Ethena will finalize parameters for fee switch activation by November 30
Odaily Planet Daily News: The Ethena Foundation announced that Wintermute’s proposal to “enable ENA fee switching” has been approved by the Risk Committee. The Foundation will work with the Risk Committee to finalize the relevant parameters for fee switch activation by November 30, and the specific implementation mechanism will be announced later.
December 1
According to official news, Sonic Labs announced that it will take a snapshot of each wallet holding six different Sonic Shards at 20:00 Beijing time on December 1. Once the chain is online, all eligible wallets will be whitelisted to mint exclusive NFTs on Sonic to earn points for the upcoming 200 million S airdrops.
Shards acquired through secondary markets (such as PaintSwap) will also be eligible, provided they are held prior to the snapshot date. The team will reveal the exclusive NFT design closer to the minting release.
LOOP: Three games are planned to be launched on December 1
According to official news from Odaily Planet Daily, LOOP plans to launch three games, namely LOOP Football, LOOP Racing, and LOOP Reality Simulation; it is currently in the final testing phase and is expected to be officially launched on December 1.
