Next Week Highlights:
EthCC 6 will be held in Paris from July 17th to 20th;
Arkham will launch the on-chain intelligence trading platform, Arkham Intel Exchange, on July 18th;
ETHGlobal Paris will be held from July 21st to 23rd;
Linea plans to open its mainnet to users next week.
The following are the important events to watch in the industry from July 17th to July 23rd:
July 17th
EthCC 6 will be held in Paris from July 17 to 20
Odaily News: The annual Ethereum Community Conference (EthCC) will be held in Paris, France from July 19 to 21. This will be the 6th edition of EthCC since its establishment.
Odaily News: According to an official announcement, Binance will exit the Dutch market. Starting from today, new users residing in the Netherlands will no longer be accepted. As of 8:00 am on July 17th, Dutch residents will only be able to withdraw assets from Binance, and buying, trading, or depositing will no longer be available. We encourage users to take appropriate action to withdraw their assets from their Binance accounts.
Binance explained that as a Virtual Asset Service Provider (VASP), they are undergoing a comprehensive registration application process with Dutch regulatory authorities. While they have explored many alternative ways to serve Dutch residents in compliance with Dutch regulations, unfortunately, the VASP registration in the Netherlands is not yet complete. Binance will continue to work towards authorization to provide our products and services to Dutch users.
Binance has already complied with the EU standards on anti-money laundering and countering the financing of terrorism, as evidenced by its registrations in other EU countries, including France, Italy, Spain, Poland, Sweden, and Lithuania. Binance continues to collaborate with regulatory authorities worldwide and focuses on preparing our operations to fully comply with the new regulations regarding crypto assets (MiCAR) in the EU.
Celsius debtors and others will mediate on the court's handling of "Earn" and loans on July 17th.
Odaily news: The official committee of unsecured creditors of Celsius has announced that the hearing of the review of Celsius' bankruptcy reorganization plan, "Disclosure Statement," will be held on August 10th. At that time, the court will determine whether the disclosure statement provides sufficient information to creditors for an informed vote on the plan. The court will also determine whether the debtors are authorized to solicit votes on the plan and schedule a confirmation hearing. The debtors have requested that the confirmation hearing be scheduled for September 29th.
On July 17th, the debtors, the creditor's committee, the borrower's ad hoc group, and certain Earn creditors will mediate on the relative treatment of "Earn" and loans in front of Judge Wiles. The committee hopes that all parties can reach an agreement on how to fairly distribute the value of the assets among the creditors. On July 19th, the debtors and the committee plan to discuss the plan through Twitter Space with the Fahrenheit consortium.
Crust Network will launch EVM storage services on July 17th.
Odaily news: Decentralized storage solution Crust Network announced that it has received millions of dollars in funding from DWF Labs. The new funding will allow Crust Network to further enhance its infrastructure and expand its business in the decentralized storage field. Crust Network will launch EVM storage services on July 17th, providing decentralized storage for EVM-based blockchains.
Storage solution.OneKey Card will stop service and update on July 17
Odaily News, hardware wallet OneKey tweeted that OneKey Card will stop service and update from 2023/07/17 10: 00 to 2023/07/18 10: 00. During this period, related services will not be accessible, but the payment function of the card will not be affected. This update will introduce new features.
July 18
Odaily News: The CFTC Technical Advisory Committee plans to hold a meeting at its Washington, D.C. headquarters on July 18th to discuss decentralized finance and the recent successful lawsuit against Ooki DAO by regulatory agencies.
Christy Goldsmith Romero, the initiator of the committee and CFTC commissioner, said in a statement on Wednesday: "In addition to other DeFi issues, the committee will also discuss decentralized autonomous organizations (DAOs) and the recent Ooki DAO case." (The Block)
According to previous reports, the CFTC won the Ooki DAO lawsuit, and the latter will be fined $643,000 and ordered to permanently close.
Arkham will launch the on-chain intelligence trading platform Arkham Intel Exchange on July 18th
Odaily News: Arkham announced that the on-chain intelligence trading platform Arkham Intel Exchange will be officially launched on July 18th.
Users can anonymously buy and sell information about blockchain wallet address owners through smart contracts. Buyers can request information from the community by offering rewards, and bounty hunters can submit the requested information to earn the rewards.
In addition, anyone who has a wallet or valuable information owned by the owner can sell this information to other users for immediate purchase or through auctions. Arkham states that this creates a market liquidity of information, allowing on-chain detectives to monetize their work on a large scale and achieve "intel-to-earn".
Arkham: The first airdrop snapshot claim entrance will be closed on July 17th at 3:00
Odaily News: Cryptocurrency data company Arkham tweeted that the claim entrance for the first Arkham airdrop snapshot will be closed at UTC time 19:00 on July 16th (3:00 on July 17th Beijing time). Users who are eligible for airdrop should claim it before then, as this will be part of the first airdrop.
Arkham also reminds users to only rely on information released through official Arkham channels and only claim airdrops through the Arkham platform.
OPNX: FLEX holders can swap for OX at a conversion rate of 1:100 on July 18th
Odaily News: OPNX tweeted that on July 18th, all users' FLEX will be swapped for OX at a conversion rate of 1:100.
sp;FLEX replaces OX.In addition, if the user chooses to replace with pledging 3 months of OX, the conversion rate will be 1: 125 .
Odaily news Linea officially announced that the nine-week Voyage event has ended, during which the Linea testnet attracted a total of 5.2 million unique addresses and processed over 30 million transactions.
Linea also mentioned that all users participating in Voyage are eligible to mint a commemorative "Contribution Certificate" NFT based on their ranking (expected to be announced live on July 18). Currently, Linea is integrating with partners who intend to access its mainnet Alpha stage. Once the integration is completed, Linea will first distribute NFT rewards to top-ranking participants, followed by opening limited-edition NFT minting to all remaining participants.
According to previous reports, ConsenSys plans to launch its Linea Layer 2 network on the Ethereum mainnet this week. Developers will be able to deploy their projects to the Linea Alpha network on Friday.
NFT market LooksMintable will launch on Fetch.ai testnet on July 18th
Odaily news: Fetch.ai tweeted that LooksMintable, an NFT marketplace centered around Al, developed by the AzoyaLabs team, will be launched on Fetch.ai's testnet on July 18th.
On-chain generative art platform Prohibition will launch on Arbitrum on July 18th
Odaily news: Community-driven on-chain generative art platform Prohibition will launch on Arbitrum on July 18th. The project is developed by the Art Blocks Engine team.
Christie's collaborates with Gucci to launch NFT series, bidding starts on July 18th
Odaily news: Auction house Christie's collaborates with luxury brand Gucci to launch the "Future Frequencies: Explorations in Generative Art and Fashion" NFT series. The series includes works by AI artist Claire Silver, generating art by artist Emily Xie, decentralized autonomous artist Botto, and other 21 NFTs.
This auction will take place on Christie's 3.0, the digital art platform of Christie's auction house, and will start bidding on July 18th, and end on July 25th. (CoinDesk)
July 19th
BNB Beacon Chain is expected to undergo the "ZhangHeng" hard fork upgrade on July 19
According to the official announcement, BNB Beacon Chain will undergo the "ZhangHeng" hard fork upgrade at block height 328,088,888 (estimated to be at 14:00 on July 19, 2023). Full node operators on the mainnet must switch their software version to v0.10.16 before July 19.
It is reported that this upgrade introduces BEP-255 for on-chain asset reconciliation on the beacon chain to enhance security.
The summer hackathon collaboration between Sui and KuCoin Labs will hold a Demo Day on July 19
Sui and KuCoin Labs are collaborating on a summer hackathon, which will take place from May 29 to July 12. The Demo Day will be held in Paris at Builder House and online on July 19.
The total prize pool for this round is 28.5 million USD, and the categories include infrastructure and tools; NFT, social and DAO; gaming and AIGC; DeFi and payments. Projects must be deployed on the Sui mainnet, testnet, or development network, or integrated with Sui in other ways.
July 20th
Odaily News: The Korean National Assembly's Political Affairs Committee announced that the virtual asset hearing, originally scheduled for 10 a.m. local time on July 11th, has been postponed to July 20th. It is understood that there are still differences on the purpose, scope, and list of witnesses for the hearing. (ET News)
Acala releases new product roadmap, aUSD will be converted to aSEED starting on July 20th
Odaily News: Acala has released a new product roadmap, Acala Exodus Plan, and plans to convert aUSD to aSEED starting on July 20th, subject to community voting.
July 21st
ETHGlobal Paris will be held from July 21 to 23
Odaily News reports that ETHGlobal will hold the ETHGlobal Paris hackathon from July 21 to 23 in 2023.
Odaily News reports that Hong Kong-based virtual asset rating agency HKVAC launched the HKVAC global cryptocurrency index on July 14. The index aims to reflect the performance of widely investable virtual assets in the market. At the same time, HKVAC also announced the quarterly adjustment results of the HKVAC large cryptocurrency index (excluding Bitcoin, Ether, and stablecoins) as of July 14, 2023. The adjustment will take effect on Friday, July 21, 2023, at 4:30 p.m. The new index and index adjustment results will be published today on the official website of HKVAC.
Previously, Hong Kong-based private virtual asset rating agency HKVAC announced the virtual asset index on June 27, which caused some controversy. HKVAC stated that it will release newComponent and weight.
The bankruptcy protection period of PayPal Financial will end on July 21st.
Odaily News: Flex Yang, co-founder of Babel Finance, previously stated that a Singapore court has extended the company's creditor protection period by approximately three months. The stay of execution (during which it is protected from creditor lawsuits) will continue until July 21st. (Bloomberg)
July 22nd
No information available
July 23rd
Ethereum Foundation launches Devconnect Scholars Program, applications will close on July 23rd
Odaily News The Ethereum Foundation has launched the Devconnect Scholars Program to provide funding support for talented individuals from underrepresented geographical and demographic communities in the Ethereum community. The program aims to enable them to participate in the Devconnect event scheduled to be held in Istanbul in November this year. Users can apply before July 23rd.
Other (specific time unknown)
Linea plans to open its mainnet to users next week
Odaily News: ConsenSys plans to launch its Layer 2 network Linea on the Ethereum mainnet this week. Developers will be able to deploy their projects to the Linea Alpha network on Friday, and users will be able to access it starting next week.
According to ConsenSys, over 5 million individual wallets have already traded on Linea's testnet, which launched in March and uses NFTs and other incentives to attract new users.
ConsenSys stated that gas fees on Linea will be 15 times lower than on Ethereum, and currently there are no plans to introduce Linea tokens. (CoinDesk)
Layer 2 network PGN: New cross-chain bridge design may go live next week
Odaily News: Public Goods Network (PGN), a Layer 2 network based on OP Stack, tweeted that its new cross-chain bridge design may go live next week.
Earlier on July 7th, Gitcoin published an article introducing Public Goods Network (PGN), a Layer 2 network based on OP Stack.
It is reported that PGN is a highly composable EVM-compatible Rollup, planning to use most of the sequencer's net revenue to support the Ethereum ecosystem and other public products.
Currently, PGN's deployment and infrastructure are ready for testing, cross-chain bridges, transaction views, block explorers, and core infrastructure are all ready. After 6 months of the mainnet launch, the cost will be evaluated and allocated based on cumulative impact data, and membership in the network alliance can be obtained to collaborate and determine the distribution of sequencer fees. PGN commits to at least two years of experimentation, allowing partners to run Dapps on PGN to support public product funding.
LunarCrush will release the beta version of its social search tool next week
Odaily News: Crypto investment decision platform LunarCrush has completed a $5 million Series A funding round, jointly led by Draper Round Table and INCE Capital, with participation from Draper Associates, WWVentures, TRGC, Bitcoin Frontier Fund, Draper Goren Holm, Blockchain Founders Fund, Side Door Ventures, MoonPay, EMURGO, LBANK Labs, FUNFAIR Ventures, and Techstars.
It is reported that LunarCrush, headquartered in Los Angeles, was established in 2018. Initially, it collected social media data about digital assets, NFTs, and stocks to help users make trading decisions based on trends.
LunarCrush will release the beta version of its social search tool next week.
The beta version of the Giza social search tool will allow users to search for any topic on the platform, not just financial products. The new tool enables users to search across all social media platforms to extract content most relevant to their established interests. (CoinDesk) Giza is expected to release its infrastructure next week and fully launch the platform by 2023. (Odaily) AI-based cryptocurrency project Giza has completed a $3 million Pre-Seed funding round led by CoinFund, with participation from StarkWare, TA Ventures, and Arrington Capital. Giza CEO Fran Algaba declined to comment on the implied valuation of the company. (Odaily) The company, founded in October last year by Cem Dagdelen, Fran Algaba, and Renç Korzay, aims to introduce artificial intelligence into the blockchain field and integrate zero-knowledge proof technology with AI to complete blockchain transaction verification with less computing power. (Odaily) With new funding, Giza is expected to release its infrastructure next week and fully launch the platform by 2023. (Fortune)
