Highlights for next week
Ethereum Devconnect Conference 2023 will be held in Istanbul from November 13th to 19th；
Arbitrum’s vote to “increase STIP budget to 71.4 million ARBs” ends on November 14；
The U.S. House of Representatives plans to hold a hearing on cryptocurrency crimes on November 15；
Optimism will activate Canyon network upgrade on testnet on November 15th；
SEC to conduct first review of Hashdex and Franklin’s Bitcoin spot ETF on November 17；
From November 13th to 19th, more noteworthy events in the industry are previewed as follows:
November 13
Ethereum Devconnect Conference 2023 will be held in Istanbul from November 13th to 19th
Odaily News The Ethereum Foundation stated that this year’s Devconnect Conference will be held in Istanbul, Turkey for a week from November 13th to 19th.
Devconnect differs from Devcon in that the conference is made up of many individual events, organized by the community, each diving into a topic.
The Ethereum Foundation believes that as a bridge between the East and the West, Istanbul has convenient transportation, rich local communities and numerous student blockchain clubs. In addition, Istanbul’s unique history, culture and modern integration will provide a good environment for the global Ethereum developer community. environment and promote innovation in Ethereum.
IRS extends comment period on new crypto tax law to November 13
Odaily News The Internal Revenue Service has extended the comment period for new crypto tax laws to November 13, with proposed rules set to take effect in 2026, affecting sales and transactions made in 2025. (Cointelegraph)
Odaily News South Korean cryptocurrency exchange Cashierest announced the termination of its virtual asset brokerage business. Coin deposits and member registration services will be stopped on the same day, and token trading will be terminated on November 13. Users have until December 22 to withdraw cryptocurrencies to other exchanges. (News 1)
Odaily’s on-chain risk analysis platform Chaos Labs launched a contract renewal proposal in the Aave community.
Chaos Labs said that the current cooperation ended on November 7, 2023, and proposed to re-engage with Aave DAO to provide a full set of risk management products and services, covering all Aave, including V2, V3 and GHO, covering all current and future deployments, and the contract period For 12 months, from November 13, 2023 to November 13, 2024, the amount is US$1.6 million, including US$800,000 in GHO and US$800,000 in aUSDT.
Odaily News Compound officially issued a document on the The BD fund will be used to support the business development operations of the growth plan; another 5010 COMP will be allocated to the growth fund. The poll closes on November 13.
192 The content of the proposal is: The Compound community intends to add rETH as cWETH v3 collateral on the Ethereum mainnet, and the voting will start in two days.
November 14
Arbitrum’s vote to “increase STIP budget to 71.4 million ARBs” ends on November 14
Odaily News Snapshot page shows that Arbitrum DAO is voting on the draft to provide financial support for successful STIP proposals. The current support rate is 94.71% (but the number of voters is small), and the voting will end on November 14.
The draft proposes to increase the total allocation budget of the original STIP proposal (50 million ARBs) to 71.4 million ARBs, while also increasing the total number of participating agreements by 26, for a total of 56 funded projects.
The proposal plans to allocate ARB held by the DAO to an incentive mechanism, while leveraging the allocation system, consensus, etc. already created in STIP 1.
November 15
The U.S. House of Representatives plans to hold a hearing on cryptocurrency crimes on November 15
Odaily News Chairman of the U.S. House of Representatives Financial Services Committee Patrick McHenry announced that the Subcommittee on Digital Assets, Financial Technology, and Inclusion plans to hold a hearing on cryptocurrency crimes on November 15.
Odaily reported that according to the official announcement, after deciding to withdraw from the Russian market and sell the local business to CommEX, Binance will stop Russian ruble (RUB) deposits at 00:00 UTC on November 15, 2023 (08:00 Beijing time). Withdrawals of Russian rubles will last until 00:00 UTC on January 31, 2024 (08:00 Beijing time).
Users holding Russian ruble fiat balances can transfer funds to the CommEX platform for free, register a CommEX account or log in to a CommEX account, and link the corresponding Binance account. Once the connection is complete, users can transfer Russian rubles on Binance to CommEX. Additionally, users can withdraw Russian rubles through Binance’s fiat partners, convert Russian rubles to crypto on Binance Convert, or exchange Russian rubles to crypto on the Binance spot market until the deadline mentioned above.
The a16z crypto summer research internship program is open for applications until November 15th
Odaily News The a16z crypto summer research internship program is now open for applications, and the application deadline is November 15th. The program runs from May 28 to August 16 next year.
Odaily News Gitcoin issued a statement on the . GG 19 will feature three project rounds and over nine community rounds, and will provide approximately $1.24 million in matching support funding.
Optimism will activate Canyon network upgrade on testnet on November 15th
Odaily News Optimism announced that its first network upgrade after Bedrock, Canyon, will be activated on the test network (OP Goerli, OP Sepolia, Base Goerli, Base Sepolia, PGN Sepolia, Zora Sepolia) at 1 am on November 15th, Beijing time. This network upgrade was built and implemented in partnership with Base. In order to be activated on OP mainnet, Base and Superchain’s other mainnets, the Canyon hard fork still needs to go through the Optimism governance process.
The Canyon upgrade includes Shanghai and Capella hard fork support as well as some minor bug fixes. In addition to having access to the latest Ethereum mainnet features on all OP testnets, users should not be affected by this testnet upgrade. After the Canyon upgrade, node operators will need to upgrade their nodes.
Odaily News Arbitrum announced that it will launch three grant programs, namely: Arbitrum Citizens Retrofunding Round #1, Arbitrum on Gitcoin Matching Fest and Arbitrum on Allo Hackathon. in particular:
Arbitrum Citizens Retrofunding Round #1: Mainly aimed at influential community users who have contributed to Arbitrum DAO governance and processes, a total of 100,000 ARB rewards will be distributed, and the plan is officially launched on November 15;
Arbitrum on Gitcoin Matching Fest: 300,000 ARB rewards will be provided, mainly for users who support Arbitrum One through the Gitcoin protocol;
Arbitrum on Allo Hackathon: A total of 100,000 ARBs will be awarded to builders working to create the data structures and tools of the future.
November 16
Odaily News Pendle officially issued a document on the X platform stating that starting from November 9, users only need to use Pendle to obtain additional ARB rewards and rebates. Specific contents include:
Only the Arbitrum mining pool is eligible to receive ARB rewards, and you can receive additional ARB rewards by becoming or remaining an LP in any of Arbitrum’s liquidity pools;
Similar to the PENDLE incentive, the ARB pool allocation will be determined by vePENDLE voting every week, taking place every Thursday at 0:00 UTC time;
Performing a vePENDLE operation will increase the ARB reward.
In addition, Pendle will launch Arbitrum Season’s dashboard on November 16 for monitoring weekly fee rebate caps and ARB reward claims.
AlienSwap NFT Marketplace to Open Genesis Planet Pass NFT Auction on November 16
Odaily News The AlienSwap NFT market will open the Genesis Planet Pass NFT auction and launch the ALIEN DAO on November 16. The AlienVerse Genesis Planet has a total release quantity of 1,500 units and will be released via a 1-round public Dutch auction and 2-round fixed-price whitelist sale. As the core NFT asset of the AlienSwap and AlienVerse communities, 1,500 holders of the mysterious creation Odaily will receive numerous benefits.
AlienSwap is the top three multi-chain NFT trading market. The core team comes from OKX, Binance, Huobi, and Tencent. It has previously completed US$12 million in strategic financing from OKX Ventures, C² Ventures, NEXT Leader Capital, ANKR, Bella Finance, and Araceae. Capital, BIP 32 Venture, Hyper 10 n Capital, Eureka Trading, Mission Street Ventures, Kryptos, BMAN@ABCDE and other institutions participated in the investment.
Odaily News NFT brand experience platform Recur announced that it will close the platform and begin to gradually deactivate functions starting from August 18. The NFT and USDC extraction functions will be closed by November 16, 2023, and all NFT metadata on the platform will be migrated to IPFS.
November 17
SEC to conduct first review of Hashdex and Franklin’s Bitcoin spot ETF on November 17
Odaily News The U.S. Securities and Exchange Commission (SEC) will conduct its first review of the Bitcoin spot ETF submitted by Hashdex and Franklin on November 17.
Dubai regulator calls on crypto companies to complete registration applications by November 17
Odaily News Dubai’s Virtual Asset Regulatory Authority (VARA) announced on Tuesday that crypto companies registered under its new regulatory framework must complete their applications before November 17. For virtual asset service providers (VASPs) that cannot complete registration before that, they will “ Triggered by default execution mechanism.
It is reported that VARA has so far received 1,000 applications for registration under the new regulatory regime. (Forkast)
Odaily News Gemini’s UK arm has announced that from November 17 its cryptocurrency transfer services will only be available to virtual asset service providers (VASPs) that have joined the travel rule solution TRUST.
Under the change, 58 registered cryptocurrency-related companies including Anchorage, Binance.US, BitGet, BitGo, Coinbase and Circle will continue to be eligible for the service. (CryptoSlate)
Gemini will stop providing services to users in the Netherlands on November 17
Odaily news: Cryptocurrency exchange Gemini has decided to withdraw from the Dutch market. Gemini said it was unable to meet the requirements of local regulators but hoped to return to the Dutch market in the future.
Gemini wrote to Dutch users on September 26 that the Gemini platform would suspend operations in the Netherlands on November 17 due to the Dutch central bank DNB’s requirements for cryptocurrency exchanges. Users can choose to withdraw assets or transfer them to other wallet addresses.
Gemini advises Dutch users to transfer funds to Bitvavo, a local cryptocurrency exchange registered with the DNB. Amsterdam-based Bitvavo was founded in 2018 and is a member of the Dutch Association of Bitcoin Companies. (Cointelegraph)
Lido will no longer support SOL staking and node operators will exit starting November 17
According to official news from Odaily, Lido announced that it will no longer support SOL staking and will no longer support new SOL staking on October 16. Node operators will withdraw starting on November 17. Starting February 4, 2024, Lido support for the Solana frontend will end, and after that, unstaking will only be done through the command line interface (CLI). Lido stated that stSOL holders will still receive staking rewards during this period.
SaucerSwap V2 launched on November 17th UTC time
Odaily News SaucerSwap Labs posted on the X platform that SaucerSwap V2 was launched at 9:30 pm UTC on Friday, November 17th. This update includes: liquidity centralization; MetaMask support; LARI (Liquidity Adjustment Reward Program); Token Economics V2; new network applications, etc.
November 18
None yet
November 19
None yet
Others (specific time to be determined)
Odaily News Ark Invest is preparing to launch a new range of ETF products with 21 Shares, which it says will provide investors with a robust range of options for introducing digital assets into their investment portfolios.
“Utilizing on-chain signals and our crypto-native experience, this range of products is designed to achieve long-term capital appreciation through strategic investments in Bitcoin and Ethereum futures contracts and the application of blockchain technology,” 21 Shares said.
According to the prospectus, these ETF products will be listed on the Chicago Board Options Exchange (Cboe). A total of five products will start trading next week. (The Block)
