Highlights for next week:
OpenAI will host its first developer conference OpenAI DevDay in San Francisco on November 6；
Reddit will shut down its blockchain-based community points program on November 8；
The public chain project Shardeum white paper will be released on November 8；
From November 6 to November 12, more noteworthy events in the industry are previewed below.
November 6
OpenAI will host its first developer conference OpenAI DevDay in San Francisco on November 6
According to official news from Odaily, OpenAI announced that it will hold its first developer conference-OpenAI DevDay in San Francisco on November 6. Offline registration applications will open in a few weeks. In addition, the conference will simultaneously broadcast the keynote speeches.
Odaily News The non-custodial liquidity staking platform ether.fi plans to launch on the mainnet on November 6. Users can first register to join the whitelist, and early eETH pledgers will receive loyalty points. Once the restaking service is launched, they can receive higher staking rewards.
In addition, ether.fi stated that it plans to focus on integration with DeFi protocols, and ongoing partners include Balancer, Aura, Gravita Protocol, Maverick Protocol, Pendle and other protocols.
Fixed-rate lending protocol Notional Finance will launch V3 version on November 6
Odaily News Fixed-rate lending protocol Notional Finance announced on the X platform that it will launch the V3 version on Arbitrum on November 6 and will provide 2 million NOTE incentives to liquidity providers. In addition, the V3 version will add support for cbETH, ARB, RDNT and GMX as collateral. After the V3 version goes online, more leveraged vaults using Balancer and Aura will be added.
Paradigm-backed DAO solution Utopia will cease all services on November 6
Odaily News DAO solution Utopia announced that it will stop all services on November 6, and the product will be free to use until the end of this month. The project emphasized in the announcement that this action does not mean closing the company, but rather abandoning existing products and existing directions.
It is reported that Utopia is a salary, expense and operations management provider for DAO, which can simplify operations, manage payroll and integrate financial reports. Previously, in June 2022, the project received US$23 million in financing led by Paradigm, Circle Ventures, Coinbase Ventures, Infinity Ventures Crypto, Distributed Global and others participated in the investment.
November 7
Odaily News A group of senators, led by Democratic Senator Elizabeth Warren and independent Senator Elizabeth Warren, is urging U.S. tax officials to bring forward the start date for cryptocurrency brokers and exchanges to report customer transaction information to the government.
So far, the IRS and Treasury Department have received more than 90 comments on the program. The debate is likely to feature at a public hearing, which the government has scheduled for November 7. (Bloomberg)
Odaily News OP Labs officially issued a document on the
These versions will lay the foundation for future iterations of Super Chain, and node providers and OP Chain operators are recommended to upgrade testnet nodes before November 7 to ensure that nodes are ready for the network upgrade later this month.
Odaily News Snapshot voting interface shows that voting on SSV Network’s “Incentive Mainnet Plan” proposal has begun. The current support rate reaches 100% and will end on November 7.
Odaily News OpenSea page shows that the GameFest NFT launched by Arc 8, a digital arcade platform created by GAMEE, a subsidiary of Animoca Brands, will be open to Mint at 1:00 on November 7, Beijing time, and will launch public distribution and pricing at 1:00 on November 8 0.01 ETH, a single address can purchase up to 50 coins.
November 8
Reddit will shut down its blockchain-based community points program on November 8
Odaily News Reddit will shut down its blockchain-based community points program on November 8. Reddit said that while there were some opportunities with the program, the resources required would be too great to be sustainable. Additionally, changes in the regulatory environment have exacerbated this dilemma. The team has launched or is actively developing a number of products that will make adoption easier.
It is reported that Community Points was first launched in 2020 and is designed to reward users for constructive activities in certain subreddits, such as obtaining a large number of comments or upvotes on posts. The purpose is to increase user participation. The points earned by users are stored in Reddit ERC-20 tokens in Vault crypto wallet.
Affected by this news, the price of Reddit community tokens plummeted. Among them, the native token MOON of the Reddit r/CryptoCurrency subreddit fell by 86.8% in 24 H, the native token of the r/FortNiteBR subreddit BRICK fell by 58.8% in 24H, and the native token of the r/ethtrader subreddit fell by 58.8%. Coin DONUT fell 57.2% in 24 H. (CoinDesk)
The public chain project Shardeum white paper will be released on November 8
Odaily News WazirX co-founder Nischal Shetty posted on the X platform that the public chain project Shardeum white paper will be released on November 8 by the project’s technical co-founder Omar Syed.
Odaily News The decentralized open source instant messaging platform Status stated on its social platform on November 1 that it will release a new brand and new website after the 7th (November 8).
Odaily News UniSat Wallet posted on the Postponed to November 8th.
Odaily News Adidas and luxury car manufacturer Bugatti announced a joint auction of 99 pairs of football shoes equipped with digital twins on their Web3 platform. They will be on sale from November 8 to 11. The limited edition shoes are available in black and blue, inspired by early Bugatti Grand Prix race cars.
The auction will be conducted using cryptocurrency, but potential consumers can still bid with traditional currencies using MoonPay. (The Block)
ACT Games’ game Zoids Wild Arena will be moved to Ronin Network on November 8
Sky Mavis, the developer of Axie Infinity, has reached a cooperation with the Korean game developer ACT Games and plans to introduce all ACT games to the Ronin Network.
Sky Mavis will help ACT migrate its Android and PC trading card game (TCG) Zoids Wild Arena, originally launched on Polygon, to the Ronin Network, with the migration scheduled for November 8. (Decrypt)
November 9
According to Odaily’s official announcement, Binance Leverage will remove ADA/BUSD, AGIX/BUSD, APE/BUSD, AVAX/BUSD, BAKE/BUSD, BCH/ at 14:00 on November 9, 2023 (Eastern Eighth District Time) BUSD, DOGE/BUSD, DOT/BUSD, FIL/BUSD, FRONT/BUSD, GALA/BUSD, LINK/BUSD, LTC/BUSD, LUNA/BUSD, LUNC/BUSD, MATIC/BUSD, OP/BUSD, RUNE/BUSD, SHIB/BUSD, TRB/BUSD, USTC/BUSD, XLM/BUSD, YGG/BUSD cross margin and isolated margin trading pairs.
Odaily News According to the official announcement, in order to improve the performance of the trading system and protect the market, OKX will add a new USD value limit for a single limit order at 16:00 on November 9, 2023 (UTC+ 8). The limit price is greater than this limit. Order placement failed. The upper limit of a single limit order for all trading product types (currency, leverage, delivery, perpetual, options) is uniformly adjusted to 20,000,000 USD.
According to OKX, if there are pending orders that are larger than the limit, they need to be adjusted in time to avoid order failure. Among them, API users will receive error code 51185 when placing orders in excess of the quota. Users will see the error text The value of a single limit order cannot exceed 20, 000, 000 USD on the front end. RFQ and Nitro Spreads orders are not subject to this new restriction.
November 10
Odaily News The European Commission on Tuesday released a tender contract worth 800,000 euros (approximately $842,000) aimed at mitigating the “significant harm” caused by cryptocurrencies to the environment. The study, which will close out of competition on November 10, will set standards to be incorporated into potential future EU policies to curb the impact of cryptocurrencies on climate change and develop a new energy efficiency label for blockchain.
The European Commission said in the tender document that there is “evidence that crypto-assets can cause significant damage to the climate and environment” and could undermine EU targets to cut greenhouse gas emissions, suggesting that new sustainability standards laws may be adopted in the future.
EU lawmakers are concerned about the energy-intensive PoW consensus mechanism that underpins blockchains like Bitcoin. The EU study, which will be completed within a year, will examine green issues such as cryptocurrencies’ use of water, waste, natural resources and energy. (CoinDesk)
Odaily news: According to the official announcement, Binance Liquidity Mining will remove the following liquidity pools at 12:00 on November 10, 2023 (Eastern Eighth District time). Including: AGIX/USDT, ALGO/USDT, ANT/USDT, BNB/USDC, CFX/USDT, DAR/USDT, ETC/USDT, FET/USDT, GAL/USDT, GRT/USDT, LDO/BTC, LDO/USDT, MAGIC/USDT, NEAR/USDT, NEO/ETH, OP/BTC, OP/USDT, SAND/USDT, SC/USDT, SUSHI/USDT, UNI/USDT, WRX/USDT.
If the user still holds a position in the above-mentioned liquidity pool, the system will automatically return the assets to the users spot wallet at 12:00 on November 10, 2023 (Eastern Eighth District time).
November 11
None yet
Odaily note: The SEC was originally scheduled to make a decision on ARK 21 Shares’ Bitcoin ETF by November 11, but the deadline has now been postponed to January 10, 2024.
November 12
Odaily News Token Unlocks data shows that Aptos will unlock 20 million APT tokens (approximately US$103 million at the current price) at 0:00 UTC on November 12 (8:00 on November 12, Beijing time). This is equivalent to more than 8.5% of the circulating supply of Aptos of 235.02 million. This will be the first unlock for teams and investors.
Research firm The Tie said the amount of these APT tokens unlocked in November was equivalent to 112% of the average daily trading volume over the past 30 days. The research firm said earlier this year that releasing liquidity or accounting for more than 100% of average daily trading volume tends to impact prices.
The Tie said: “These unlocks will occur on a monthly basis and coincide with the monthly staking reward unlocks (5.83 million APT or 32% of average daily trading volume, which will increase to 6.15 million APT in December). In addition, since Since last year, 4.62 million APT have been unlocked for communities and foundations every month.” (CoinDesk)
Others (specific time to be determined)
Polygon Village is relaunching next week
Odaily News Polygon Labs posted on the X platform that Polygon Village will be relaunched next week. Previously, Polygon announced the launch of the Polygon Village program, which aims to provide a full-stack ecosystem for developers to build and grow. dApps can get all the help they need to build on Polygon.
