Highlights for next week
FTX 2.0 bidding base price will be selected on October 16；
ProShares to launch short Ethereum futures ETF next week, opening for trading on October 16；
Arbitrum Week 2 Odyssey event will resume on October 16th；
A hearing on the dispute and settlement terms between Genesis and FTX will be held on October 18 ；
Analyst: The U.S. government may implement the BTC batch sale plan again on October 19；
Valkyrie changes its leveraged Bitcoin futures ETF filing effective date to October 20；
From October 16th to October 22nd, all the more noteworthy events are previewed as follows:
October 16
FTX 2.0 bidding base price will be selected on October 16
Odaily News FTX User Alliance FTX 2.0 Coalition issued a document on the A call for proposals will take place in the first or second quarter of 2024, with target plans confirmed in the second quarter of 2024.
Note: A stalking horse bid refers to an initial public bidding acquisition by a buyer selected by a company filing for bankruptcy protection. The fake horse bid is used as a starting price or the lowest bid acceptable to the seller. Other potential acquirers must bid higher if they want to successfully acquire the property.
Chase will ban cryptocurrency-related payments for UK users starting October 16
Odaily News British banking giant Chase will ban cryptocurrency-related payments for UK customers from October 16, according to an email sent to customers.
“If we believe you are making a payment related to a crypto asset, we will reject it,” the email said, adding that customers are free to use a different bank or provider to invest in cryptocurrencies.
Chase said it banned crypto payments because fraudsters are increasingly using crypto assets to steal large sums of money from people - a reason cited by other British banks that have previously imposed similar restrictions. (CoinDesk)
ProShares to launch short Ethereum futures ETF next week, opening for trading on October 16
Odaily News Bloomberg ETF analyst James Seyffart posted on the The fund does not directly short ETH and aims to profit from falling prices in the asset.
Analysts say the SEC expedited approval of all long/legacy Ethereum futures ETFs but set this one up for a normal/anticipated date, with its filing filed alongside other ETFs in August.
Arbitrum Week 2 Odyssey event will resume on October 16th
Odaily News Arbitrum posted on the This round of interactive tasks will be conducted on the NFT market tofuNFT and the derivatives protocol Aboard Exchange.
If the user has previously completed the Week 2 tasks, the Week 2 activities on October 16 do not need to be completed again. The final week seven event will begin on November 20th.
According to official news from Odaily, the lightweight node protocol Over Protocol announced that it will launch a closed Beta test network from 14:00 on October 25, 2023 to 14:00 on October 31, 2023, open to about 1,000 users.
Testing will be conducted on a personal computer through the OverNode application, including installation, activation, staking, verification and reporting issues, and is intended to be a stress test before the launch of a public incentivized testnet for global users.
Specific details of the test will be announced in the test community on October 20, and the application time will be approximately 14:00 on October 16. It should be noted that users participating in the closed beta test will not receive airdrops.
According to official news from Odaily, Flare Network and Avascan will cooperate to launch Flarescan, which will support exploring transactions, tracking tokens and monitoring network health. Flarescan will go live on October 16th with full support for C-Chain and P-Chain.
Odaily News Yuan Universe project ZepetoX announced that the ZTX token airdrop and release date will be October 16, and the total supply will be fixed at 10, 000, 000, 000, of which 4% will be allocated to the genesis airdrop.
ZTX tokens can be used for community governance, purchasing in-game assets, and improving player progress in the game. In addition, the platform will also promote the value of the ZTX ecosystem through a token buyback program, including destruction (reducing the total supply), providing rewards to players (incentive pool), and part of it being used to fund the treasury.
Lybra Finance: Starting October 16th, V1 LBR holders can migrate their tokens to V2 esLBR
Odaily News LSD stablecoin protocol Lybra Finance issued a document on the 21 hours.
Starting at 21:00 on October 16, existing V1 LBR holders can begin migrating their tokens to V2 esLBR. A 3% migration fee will be distributed to esLBR holders on a weekly basis, with the first migration fee being distributed on October 23. More details will be announced on October 16th.
Michelin 3 xplorer Club NFT Series to Open on October 16 mint
Odaily News Michelin’s NFT series Michelin 3 xplorer Club announced that its NFT mint website has been officially launched.
The NFT mint will start at 17:00 on October 16, Central European Time (23:00 on October 16, Beijing time), and whitelist users will be able to participate in the mint.
October 17
Binance will launch CR 7 ForeverZone NFT on October 17
Odaily News Binance has partnered with football icon Cristiano Ronaldo to launch the NFT collectible CR 7 ForeverZone on October 17.
OKX plans to adjust TUSD discount rate on October 17
According to the official announcement from Odaily, in order to provide users with a better trading experience, reduce transaction costs and improve overall liquidity, OKX plans to adjust TUSD’s cross-currency on October 17, 2023 at 16:00-17:00 (UTC+ 8) Currency discount rate for each margin mode and combined margin mode.
According to OKX, under the cross-currency margin account mode and combined margin mode, assets in different currencies in the full position can be jointly converted into US dollars and used as margin. Due to the large differences in market liquidity of each currency, the platform has Discounts are applied when calculating the actual USD value of each currency to balance market risk.
Odaily News The deadline for applying for the Celestia airdrop is October 17. Celestia has authorized TrustGo to query EVM addresses that are eligible for claim.
Users can directly check whether they are eligible for air investment on TrustGo, and then go to the Celestia official website to apply.
October 18
A hearing on the dispute and settlement terms between Genesis and FTX will be held on October 18
Odaily News Genesis Global Capital (GGC) has filed a proposed order in the Federal Bankruptcy Court for the Southern District of New York on Thursday to enforce the company’s settlement agreement with FTX.
Under the settlement, FTX is entitled to a $175 million bankruptcy claim against Genesis based on a loan it previously made to FTX subsidiary Alameda Research. In exchange, FTX agreed to withdraw several other claims against Genesis that could total more than $1 billion.
This follows a decision by Judge Sean H. Lane on October 6 approving an agreement between Genesis and FTX to resolve claims between the two companies.
Genesis initially sought approval for the agreement in August. However, major creditors Gemini Trust and an ad hoc group of Genesis creditors objected to the terms of the settlement. Judge Lane dismissed those objections in an Oct. 6 decision following an evidentiary hearing in September. He argued that the agreement was reasonable given the risk of litigation and the potential for greater losses if FTXs claims remained unresolved.
The proposed order filed by Genesis on Thursday still requires approval from Judge Lane. A hearing is scheduled for Oct. 18 and will give other opposing parties a last chance to contest the terms of the settlement before the agreement is implemented. (Cryptoslate)
Bitcoin L2 Network Stacks is expected to deliver the sBTC developer version on October 18
Odaily News Bitcoin Layer 2 Network Stacks published an article introducing the sBTC developer version. The Stacks ecosystem is preparing for the sBTC developer version, which will allow selected developers to build and test with early versions of sBTC. It is reported that sBTC is a BTC version supported 1:1 on the Stacks layer.
sBTC’s testnet will allow users to start testing sBTC’s deposit and withdrawal processes, while developers in the Bitcoin L2 ecosystem can start integrating these deposit and withdrawal processes into their own applications by using APIs and wallets (Leather, Xverse, etc.) in process.
The sBTC working group expects to deliver the developer version during the week of October 18th, and applications for the incentivized testnet program are currently open
According to official news from Odaily, UniSat Wallet announced the brc 20-swap mainnet release schedule. details as follows:
- Starting on October 18, UniSat plans to gradually distribute commemorative inscriptions called brc 20-swap Prime Access to the community;
- On October 25, UniSat will launch the brc 20-swap mainnet version. During the initial mainnet launch, the team will continue to distribute Prime Access for free. As more users come on board, the team will closely monitor the systems performance and promptly address any issues that may arise. After a series of iterations, all features will eventually be made available to all users.
October 19
Odaily News Maartunn, an analyst at cryptocurrency analysis company CryptoQuant, wrote that the U.S. government may sell its Bitcoin holdings on May 26, August 7, October 19, and December 30, 2023, including from the dark side. Bitcoins seized on Silk Road. Maartunn believes the U.S. government may follow a 73-day interval selling pattern.
Cool Cats Avatars launches October 19th
Odaily News NFT project Cool Cats announced on the X platform that it will launch Cool Cats Avatars on October 19.
It is reported that Cool Cats and Shadow Wolf holders will have the opportunity to participate in obtaining Avatar, and will be expanded to more ecological derivative projects in the future.
October 20
Valkyrie changes its leveraged Bitcoin futures ETF filing effective date to October 20
Odaily News Bloomberg analyst James Seyffart posted on the % long BTC exposure.
Odaily News Hong Kong virtual asset rating agency HKVAC today announced the index adjustment results of the HKVAC Core Index and the HKVAC Market Index. The changes will take effect on October 20.
In the HKVAC core index, the HKVAC Global Large Cryptocurrency Index will newly add Hedera (HBAR) and Maker (MKR), and remove Cryptonex (CNX) and Internet Computer (ICP). The number of constituent stocks will remain unchanged at 30. The HKVAC large cryptocurrency index (excluding Bitcoin, Ethereum and stablecoins) will add Hedera (HBAR), Maker (MKR) and Quant (QNT), and remove Cryptonex (CNX), Internet Computer (ICP) and HEX (HEX) ). The number of constituent stocks will remain unchanged at 30.
In the HKVAC market index, the HKVAC Top 5 Global Large Cryptocurrencies Index and the HKVAC Top 5 Global Large Cryptocurrency Equal Weight Index will respectively add XRP and remove USDC. There were no changes in the HKVAC Top 10 Global Large Cryptocurrency Index and the Top 10 Equal Weight Index.
October 21
Odaily News Samourai Wallet is credited as the executive producer of Death Athletic: A Dissident Architecture, a documentary about Cody Wilson, a proponent of homemade guns. The film will be directed by Jessica Solce. Private screenings are scheduled for Saturday in New York and next weekend in Austin, Texas, with a digital release set for October 21.
“Samourai joined the production in 2021 and provided funding to help me complete the film,” said Solce. Another executive producer wouldnt reveal the films budget, but said it was a six-figure number. (CoinDesk)
October 22
Odaily News Kraken has launched its latest event where contest winners will be able to choose to have their favorite PFP appear on one of two Williams Racing cars taking place on October 22 in Austin, Texas.
Other cryptocurrency companies that have previously partnered with the F 1 team include FTX and Mysten Labs. (The Block)
Xterio to launch gaming-focused marketplace Xterio Marketplace on October 22
Odaily News Chain game publisher Xterio announced that it will launch its game-centric marketplace Xterio Marketplace on October 22.
According to previous news, on July 13, Binance Labs invested US$15 million in Xterio. The new funds will be used to further promote game and technology development, including AI integration and the release of tokens.
Others (no specific time confirmed)
Analyst: SEC may respond to GBTC conversion application within next 2 weeks
Odaily News Bloomberg ETF analyst James Seyffart posted on the Conversations between Grayscale and the SEC will begin next week, with more information expected next week (or later).
In response to a question raised by netizens about the deadline for the SEC to propose new reasons for rejection of GBTC conversion applications, Seyffart responded: This will most likely be seen within next week (or two weeks).
Odaily News The Uniswap Foundation launched a proposal requesting the allocation of the remaining US$46.2 million in last year’s initial funding to support work in the next two years, of which US$28.33 million will be used for grants and US$13.6 million (US$11.4 million and 508,000 UNI) will be used for operations, with a 10% buffer added to reduce price volatility.
Uniswap will start a temperature check vote today, which will last for 5 days, and will start an on-chain governance vote next week.
The proposal stated that Uniswap will continue to grow core protocol indicators, especially driving net new order flow to strengthen the protocol flywheel; it will establish protocol innovation channels with the goal of enhancing the experience of users and LPs; and integrate stakeholder incentives with the long-term development of the protocol. Combination of interests.
IOS
Android