Highlights for next week
Google’s cryptocurrency-related advertising policy will be revised on January 29；
The Sepolia testnet is expected to perform the Dencun upgrade on January 30；
Starknet will be stress tested on the Goerli testnet on January 30；
Jupiter Lianchuang: JUP’s TGE time has been determined as January 31；
Argent announces it will phase out support for zksync Era starting January 31 to focus on Starknet；
UniSat: Jubilee upgrade to follow, white paper to be released on January 31；
Frame: The second round of activities will start on January 31st；
From January 29th to February 4th, more events worthy of attention in the industry are as follows:
January 29
Odaily News Next Monday, Google will update its policy to allow certain cryptocurrency products to advertise on its main search engine. A Bitcoin ETF appears to meet the criteria, sparking speculation among those in the crypto industry. It is reported that Google’s cryptocurrency and related advertising policy will be revised on January 29 to allow “advertisers who provide cryptocurrency trusts in the United States” to place ads.
Crypto analysts are optimistic about potential inflows into Bitcoin ETFs due to Google’s high transaction processing power in search. According to recent data from DemandSage, Google handles 8.55 billion searches every day. It’s worth mentioning, however, that Google doesn’t specify what products are allowed in “cryptocurrency trust” ads. (Cointelegraph)
Odaily News Huobi Korea plans to terminate virtual asset trading services on January 29, 2024, and will continue to support customers in withdrawing assets (Korean won and virtual assets) until all customer assets are withdrawn.
Odaily News According to official news, the dYdX Foundation announced that the vote to upgrade the dYdX Chain protocol software to V 3.0 has been passed. The voting rate this time was 88.5%, of which the yes vote rate was 98.9%. The subsequent upgrade is expected to be launched on January 1, 2024 UTC time. Blocks 7, 147, and 832 were executed around 17:46 on March 29th. The dYdX Foundation reminded validators that they need to prepare accordingly for this upgrade.
January 30
Odaily News VanEck announced plans to close and liquidate one of its VanEck ETF products. On January 16, 2023, the Board of Directors of VanEck ETF Trust approved the liquidation and dissolution of the following fund: VanEck Bitcoin Strategy ETF (XBTF), trading on CBOE.
Shareholders of the Fund may sell their shares on the exchange on which the Fund is listed until the close of the market on January 30, 2024 (broker-dealer transaction fees may apply). The Funds shares will no longer trade on the listed exchange after the market closes on January 30, 2024 and will subsequently be delisted.
Stockholders holding shares of the Fund will receive a cash liquidation distribution equal to the net asset value of their shares on the Fund’s liquidation date, which is expected to be on or before February 6, 2024. Proceeds from the liquidation are expected to be sent to shareholders on or before February 6, 2024. (Businesswire)
The Sepolia testnet is expected to perform the Dencun upgrade on January 30
Odaily News The Ethereum Foundation has issued an announcement regarding the implementation of the Dencun upgrade on the Sepolia and Holesky testnets. According to the plan, the expected upgrade time of Sepolia is 22:51:12 UTC on January 30 (06:51:12 Beijing time on January 31), and the expected upgrade time of Holesky is 11:34 UTC on February 7. 24 (February 7, 19:34:24 Beijing time).
If the Sepolia and Holesky upgrades go smoothly, the next step is to activate the Dencun upgrade on the Ethereum mainnet.
Starknet will be stress tested on the Goerli testnet on January 30
Odaily News Starknet community member @Starknet_OG posted on the Test long waits before online transactions are executed. Other networks (including mainnet and Sepolia testnet) will not be affected.
SubQuery announces plans to launch public token sale and launch mainnet on Base on January 30
Odaily News data indexing infrastructure SubQuery announced that it plans to launch a public token sale on January 30, 2024. It will then launch the SubQuery Network mainnet on the second-layer network Base built by Coinbase and plans to launch a complete RPC on the Base chain in March. Support, aiming to promote SubQuery to realize the future decentralization of blockchain technology. SubQuery said that by building on Base, SubQuery will gain Coinbase product integration, legal currency entrance and tools, and its users will also be able to interact on SubQuerys decentralized infrastructure network.
Odaily News Starknet derivatives trading protocol ZKX announced that it will be launched on the mainnet on January 30. Users who participate in OG Trade Clans and community activities will have the opportunity to receive the second phase airdrop.
Atomics will undergo a node upgrade on January 30, and developers need to upgrade to version 1.3.8.0
Odaily News Atomics stated on the
January 31
Binance: Users encouraged to exchange rubles for other currencies before January 31, 2024
Odaily News Binance issued an announcement to encourage users to exchange rubles into other currencies before January 31, 2024. Starting at 08:00 (UTC) on February 1, 2024, the remaining RUB balance in the users Binance account will be automatically converted to FDUSD based on xe.coms real-time exchange rate.
Binance Labs extends application deadline for Season 7 of MVB Accelerator Program to January 31
Odaily News Binance Labs Fund posted on the X platform that the application deadline for the seventh season of the MVB Accelerator Program has been extended from January 15 to January 31.
Jupiter Lianchuang: JUP’s TGE time has been determined as January 31
Odaily News Jupiter co-founder Meow announced on the
Argent announces it will phase out support for zksync Era starting January 31 to focus on Starknet
Odaily wallet service provider Argent said in an open letter to users that after six months of alpha phase testing and careful consideration of user feedback, it has decided to stop supporting zksync Era and focus on Starknet.
Argent said: We believe in the huge potential of Starknet and therefore want to prioritize the development of products to support its ecological growth. Starting January 31, 2024, we will begin to gradually reduce support for the zkSync Era and will no longer continue to support it. It is building new features, and while this will not impact user account security, users will experience a significant performance degradation because we will be cutting back-end infrastructure services.
Argent finally said: “We strongly recommend users to transfer their zkSync Era assets from Argent to another zkSync Era-supported wallet, such as Metamask, as soon as possible. If users still want to save assets through Argent, they can use the LayerSwap cross-chain bridge to bridge them to Starknet or Ethereum mainnet.”
UniSat: Jubilee upgrade to follow, white paper to be released on January 31
Odaily News UniSat issued a document on the X platform stating that it will follow the Ordinals Jubilee upgrade to ensure that BRC-20 is still running on Ordinals instead of splitting into a separate protocol. In addition, UniSat announced that the white paper will be released on January 31 and stated that this may be the most important gift we can provide to BRC-20, Ordinals, Bitcoin and everyone in the community since last February.
Frame: The second round of activities will start on January 31st
Odaily News Frame posted on the X platform that it will launch the second round of activities on January 31 next year, which will focus on creators, developers and Internet users.
According to previous news, the Frame mainnet and tokens will be launched at the same time on January 31, 2024, and FRAME tokens cannot be transferred before the next phase is opened. In addition, Frame announced the completion of initial financing, led by Electric Capital and community members. Angel investors and advisors include dingaling, 9 GAG CEO Chen Zhancheng, Azuki project founder Zagabond, etc.
Odaily News Solana chain Meme project DragonEgg is about to start an airdrop. 60% of the total supply of DGE (dragon eggs) will be airdropped to millions of Solana wallet addresses. The airdrop application will be held at 10:00 UTC-5 on January 31 (January 31st). Open at 23:00 UTC+8 on the 31st and last until February 8th. Applicants can log on to the website degfinance.org on January 31 to apply.
Odaily News Blockchain genetics company LunaDNA announced that it will cease operations on January 31. The company was launched in 2017 and raised US$2 million in seed round financing, and then completed US$4.6 million in financing in 2019. Arch Venture Partners, Bain Capital Ventures, F-Prime Capital, Illumina Ventures and Osage University Partners participated in the investment. Analysts believe that LunaDNA’s collapse is a blow to the idea of using blockchain and cryptocurrency to coordinate the sharing of genome and personal health data. (Genomeweb)
Fixed-rate lending protocol Yield Protocol announces it will end official support on January 31
Odaily News Yield Protocol, a fixed-rate lending protocol that has received investment from Paradigm, officially stated that users are reminded to close their positions in the protocol and that official support will end on January 31.
February 1
According to official news from Odaily, OKX announced that it has adjusted relevant risk parameters in response to the abnormal fluctuations of OKB this week and will conduct airdrops to affected and eligible users, including:
-Includes OKB margin trading/leveraged positions;
-Demand pledged currency with OKB as collateral;
-Includes OKB cross-currency margin account.
OKX will be airdropped to the above users’ capital accounts in the form of USDT before February 1st.
Odaily News HashKey Exchange officially announced the management rules for sub-accounts and API Keys. The number of sub-accounts and API Keys that users can apply to create will be limited by their user type and level.
It is reported that the effective date of the relevant rules is 2024/2/1 00: 00: 00 (UTC+ 8).
Odaily News Jupiter founder Meow announced the launch of the Jupiter LFG Launchpad Beta version on the X platform, and will launch the Meme currency issued by Ovols and the platform currency JUP.
Ovols and Jupiter will each provide 1% of their tokens to LFG Launchpad, with the upcoming JUP DAO receiving 75% and the team receiving 25%. Starting February 1, Jupiter DAO will approve new projects to join the Launchpad.
Odaily News The cross-chain DEX project Kyber Network has recently launched the KyberSwap Treasury Grant program to promote compensation for customers damaged by the security incident in November last year. It plans to distribute funds (in the form of US dollar stable currency) on February 1, 2024. Affected users need to submit an application and complete KYC between January 11 and January 23, 2024 to obtain compensation.
Odaily News Privacy Blockchain Dusk posted on the X platform that it will launch a staking function on February 1, with incentives reaching 2.5 million DUSK. On February 15, the incentivized test network ITN will be launched to provide airdrops and POAP for node operators, and the main network is planned to go online in March/April.
Gnosis Chain: Chiado testnet will undergo a hard fork upgrade on February 1
According to official news from Odaily, the public chain project Gnosis Chain stated that its Chiado test network will undergo a hard fork upgrade at 2:15:40 on February 1, 2024, Slot: 8265728, Epoch: 516608. The most important feature of this upgrade is support for blobs (EIP - 4844 Proto-Danksharding), which will allow the L2 chain to scale and provide a cheaper data layer.
SKALE Chain Pricing is online on the mainnet, and the first payment will be made on February 1st
According to official news from Odaily, the Ethereum side chain SKALE announced that SKALE Chain Pricing has been launched on the main network, and the first payment will be made on February 1.
SKALE Chain Pricing is the second of the three strategic stages of SKALE’s economic model transformation. SKALE does not charge end-user gas fees and pays validators and stakers by charging fees for chain usage. This stage aims to bring the pricing of the SKALE chain to a level where validator hardware is profitable, and set a target load price, that is, when the network load is 70%, each chain will pay SKL tokens worth US$1 million per year, using floating price setting policy.
February 2
ETHGlobal announces 2024 Hackathon schedule, Circuit Breaker will be held on February 2
Odaily News ETHGlobal officially announced the 2024 schedule and announced that it will hold 20 hackathon events, including LFGHO (January 12-January 24), Circuit Breaker (February 2-21), Pragma Denver (February 28th), Pragma London (March 14), ETHGlobal London (March 15-17), Scaling Ethereum 2024 (April 5-26), Pragma Sydney (May 2), ETHGlobal Sydney ( May 3-5), Pragma Brussels (July 11), ETHGlobal Brussels (July 12-14), ETHOnline 2024 (August 23-September 13), ETHGlobal Singapore (September 20 -22nd), Pragma San Francisco (October 15th-17th), ETHGlobal San Francisco (October 18th-20th), ETHGlobal Devcon 2024 (tentatively scheduled for November) and 5 other additional events.
CoinList will launch L1 blockchain Nibiru token NIBI community sale on February 2
Odaily News L1 Blockchain Nibiru will launch a community sale of NIBI tokens on CoinList at 2:00 on February 2, Beijing time.
The token supply for this community sale is 60 million NIBI tokens (4% of the total supply); the price is US$0.05, 10% of the tokens will be unlocked around February 26, and will be unlocked linearly over the next 12 months; initially The minimum purchase limit is $50 and the maximum is $2,000 (USDT/USDC only).
Odaily News Drift Protocol, a perpetual futures trading platform based on the Solana blockchain, announced a reward program Drift Points for users. This program started today and will end in March. Points will be distributed once a week. The first distribution is scheduled for February 2. Drift Protocol co-founder Cindy Leow also said that the Drift token plan will be launched shortly after the end of the points program in March this year, but she refused to comment on how to airdrop tokens to users based on Drift points, only revealing that there will be a correlation between the two. sex.
GameStop will cease NFT market operations on February 2
Odaily News Video games and related products retailer GameStop said it has decided to close the NFT market and will cease operations from February 2 due to continued regulatory uncertainty in the cryptocurrency field. (Decrypt)
February 3
None yet
February 4
Lido will no longer support SOL staking, and front-end support will end on February 4
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.
Others (specific time to be determined)
Odaily News The South Korean government will comprehensively review the timetable for taxing virtual assets planned to begin in January next year. The South Korean government submitted a tax reform plan to Congress in July 2022 to promote taxation of virtual assets; later that year, the South Korean Congress postponed the tax levy together with the financial investment income tax until January 2025.
Tax Minister Chung Jung-hoon said in an interview: We plan to submit the bill to the National Assembly at the end of January or early February and explain its necessity and urgency. We hope to convene a meeting of the Strategy and Finance Committee and the National Assembly in February before the election as much as possible. able to deal with it.” (News 1)
Odaily News Bitcoin Layer 2 network Bitfinity announced that it has completed a total of US$7 million in financing at a valuation of US$130 million. This round of financing was participated by Polychain Capital, ParaFi Capital, Warburg Serres, Dokia Capital and Draft Ventures. It is reported that the funds were divided into two Partial realizations include a seed round of approximately US$1 million in 2021 and another round completed in June last year, both of which were token financing. Bitfinity is currently in the testnet phase and plans to launch the mainnet later this month or early February. (TheBlock)
Odaily News LSD protocol Puffer Finance posted on the X platform that it will open the pledge of ETH, stETH, USDT and USDC next week, and users will receive Puffer and EigenLayer point rewards at the same time.
TreasureDAO: Treasure Chain Litepaper will be announced next week
Odaily News TreasureDAO team member Sambino revealed in the Discord community that TreasureDAO will release Treasure Chain Litepaper next week.
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