Next week's highlights

Volatility Shares Leveraged Ethereum ETF approved, to start trading on June 4;

Mina plans to upgrade to Berkeley on June 4, which will enhance ZK programmability;

US SEC: Will discuss AI regulation at meeting on June 6;

Derivatives trading protocol ZKX will launch governance token ZKX on June 6;

Arbitrum’s proposal to “allocate 200 million ARB to expand the gaming ecosystem” will end on June 8;

The U.S. House of Representatives Financial Services Digital Assets Panel will hold a hearing next Wednesday to discuss the issue of RWA tokenization;

From June 3 to June 9, more noteworthy events in the industry are previewed as follows.

June 3

Binance will update the U-margin futures market maker plan on June 3

Odaily Planet Daily News: According to the official announcement, Binance will update the U-standard contract market maker plan at 08:00 on June 3 (Eastern Time Zone 8).

Update highlights: Starting from 08:00 (ET on June 3), the “Weekly Market Making Score Ranking” review of the U-margin Contract Market Maker Program will be removed. Users can qualify for the program based on the new criteria in the table; for users who meet the program’s criteria, the maker fee rebate will be updated around 20:00 (ET on June 11).

New KYC rules for Wallet on Telegram: From June 3, all functions except withdrawals will require updated account details

Odaily Planet Daily reported that the third-party cryptocurrency wallet bot Wallet on Telegram notified users about several updates to its KYC system. From June 3, all default functions except withdrawals will require updated account details (name, phone number and date of birth) to use these functions.

Wallet on Telegram also announced that starting May 30, 2024, wallet services will be provided by WOT Global Solution.

After the change, all user data will be transferred to WOT Global Solution. The announcement noted that the collected data includes name, address, phone number, transaction data, and any other user data the wallet may have. (Cointelegraph)

ether.fi will launch the second round of StakingFrens Mystery Box on June 3

Odaily Planet Daily News: ether.fi posted on the X platform that this week's Mystery Box StakingFrens event has ended and the rewards will be airdropped to participants within 10 days.

In addition, the team is launching a Liquid BTC Yield vault to maximize BTC-related DeFi returns. You can also earn ether.fi loyalty points, and more details will be announced in the coming weeks.

The official also announced that the second round of StakingFrens Mystery Box will start at 8 01 on June 3rd.

Cyber ​​staking season 2 will end on June 3, and mainnet staking will go live on June 14

Odaily Planet Daily News Cyber ​​said that it will stop the current Season 2 staking on June 3. At that time, a snapshot of the staking score will be taken and rewards will be calculated. The rewards will be calculated based on the June 3 snapshot.

In addition, due to the complexity of its pledge design, the contract review time is longer than expected, so the Cyber ​​mainnet pledge will be delayed by one week and is scheduled to go online on June 14. Currently, pledge users can choose to join the mainnet pledge early bird event on the Cyber ​​official website before June 3 to obtain more rewards and free migration to the Cyber ​​mainnet.

UXLINK’s first quarter airdrop certificate NFT will be snapshotted on June 3. Currently, the number of community independent addresses participating in the minting exceeds 1.37 million.

Odaily Planet Daily News: Web3 social platform and infrastructure UXLINK officially announced on the X platform that the "In UXLINK We Trust" first season airdrop certificate NFT will be snapshotted at 23:59 standard time on June 3, and the NFT number range will be announced after the snapshot.

According to Dune and Arbiscan on-chain data, more than 2.15 million NFTs have been minted in the first quarter, and the number of independent community addresses involved in minting exceeds 1.37 million.

At the same time, the second season airdrop certificate NFT of "In UXLINK We DEX" will start minting at 24:00 standard time on June 3. Users can obtain UXUY points to mint the second season NFT by conducting diversified Crypto transactions on the UXLINK platform.

According to the head of the UXLINK community, UXLINK will work with ecological partners to support various trading methods such as pre-market, memecoin, swap with rebate, staking, trade-to-earn, etc.

nftperp: Will close the Arbitrum on-chain market and plan to perform automatic settlement on June 3

Odaily Planet Daily News: NFT perpetual contract trading platform nftperp announced on the X platform that it will focus on the Blast blockchain in the future. As part of this strategy, it will close the Arbitrum market. Starting today, Arbitrum traders are encouraged to adjust their positions accordingly. Before market settlement, the initial margin requirement for new positions will be increased to 50% (2x leverage). To ensure a smooth transition, all open positions on Arbitrum will be automatically settled on Monday, June 3, and the settlement will use the tracking index price for the past 7 days. nftperp reminds users to complete transactions before this date so that they can manage their positions as needed.

COREx will launch the next round of airdrops on June 3

Odaily Planet Daily News According to official news, COREx is currently carrying out a multi-week airdrop event. The next round of activities will start on June 3. The prizes include CRX, USDT, CORE and other reward airdrops of various projects within the ecosystem.

It is reported that COREx is a DEX supported by CoreDAO, positioned as the flagship product of the Core ecosystem. It was launched on the mainnet on May 15, with a transaction volume of nearly 15 million in one week. CoreDAO is an important participant in the BTC ecosystem, with more than 5 million registered wallet addresses and more than 2,000 BTC staked.

June 4

Volatility Shares Leveraged Ethereum ETF Approved, to Start Trading on June 4

Odaily Planet Daily News Volatility Shares announced that its 2 x Ether ETF (ETHU) will become the first leveraged Ethereum ETF in the United States, and trading will begin on June 4. Volatility Shares launched the Volatility Shares 2 x Bitcoin Fund in June 2023.

Stuart Barton, chief investment officer of Volatility Shares, said in an interview that the company's successful approval of a leveraged Ethereum ETF may help pave the way for the eventual approval of a spot Ethereum ETF. (CoinDesk)

OKX announced plans to delist ZK leveraged and perpetual contracts on June 4

Odaily Planet Daily News OKX released an announcement on the delisting of ZK coin pair leverage and perpetual contracts, which stated that the ZK coin pair leverage and perpetual contracts will be delisted from 4:00 to 5:00 pm (UTC+8) on June 4, 2024. When the contract is delisted, the contract trading will be stopped, all user orders will be canceled, and the arithmetic average of the Euro Index one hour before the delisting will be used as the delivery price of the delisted perpetual contract to deliver all user positions under the contract. If the index price is abnormally manipulated one hour before the delisting, the platform may adjust the final delivery price to a reasonable level for delivery according to the actual situation. The current funding rate at 4:00 pm on the day of delisting is 0 (so the funding fee for this period will not appear in the bill record), and no funding fees will be charged when delivering user positions, and no additional fees such as delivery fees will be incurred.

Mina plans to upgrade to Berkeley on June 4, which will enhance ZK programmability

Odaily Planet Daily News According to official news, the lightweight blockchain network Mina plans to carry out the Berkeley upgrade on June 4, aiming to enhance the ZK programmability of the Mina network.

Fusionist: ACE Arenas Season 2 Update Launches June 4, Introducing New Income Plans for ACE and gACE

Odaily Planet Daily News: Fusionist announced that the update time for ACE Arenas Season 2 (Season 2) and The Expedition is June 4th 16:00 Beijing time.

The focus of this update is to enhance the user experience of Ace Arenas, which includes the introduction of new income plans for ACE and gACE: all ACE recharges/spends in ACE Arenas and gACE earned will be used for node staking.

In Season 2, the ACE Arenas prize pool will increase by 5.8 million gACE.

June 5

FTX Creditors Committee: Objections to the Reorganization Plan and Disclosure Statement Must Be Submitted Before June 5

Odaily Planet Daily News: The FTX Creditors Committee announced on the X platform that the FTX debtor submitted a revised restructuring plan and corresponding disclosure statement on May 7. The FTX Creditors Committee is currently evaluating the plan and has not become a "supporting party" in the definition. Objections to the disclosure statement must be submitted before June 5, 2024. The most important thing at present is to maximize the creditors' recovery interests and try to shorten the time to achieve this goal. Creditors are encouraged to pay attention to further updates through Threads and Reddit's FTX_Committee page.

June 6

US SEC: Will discuss artificial intelligence regulation issues at meeting on June 6

Odaily Planet Daily News: The U.S. Securities and Exchange Commission said that its Investor Advisory Committee will study new areas of investment consulting and discuss issues of artificial intelligence regulation at its meeting on June 6. (Jinshi)

OKX will launch Ultiverse (ULTI) on June 6

Odaily Planet Daily News According to official news, OKX is about to launch Ultiverse (ULTI), the specific time arrangement is as follows: ULTI will be open for deposit at 11:00 am on May 31; ULTI/USDT currency trading will open at 6:00 pm on June 6; ULTI will be open for withdrawal at 6:00 pm on June 7.

Coinbase: Retail and institutional users will need to switch after discontinuing Coinbase Pro API on June 6

Odaily Planet Daily News: Coinbase Exchange posted on the X platform that it will stop using the Coinbase Pro API on June 6, 2024. For all trading needs, retail users are advised to switch to the Coinbase Advanced API and institutional users to the Coinbase Exchange API.

Derivatives trading protocol ZKX will launch governance token ZKX on June 6

Odaily Planet Daily News: According to official news, the Starknet ecological derivatives trading protocol ZKX announced that it will launch the governance token ZKX on June 6, and announce the token distribution and ecological development plan for the next few months.

ZKX said that after the token is launched, it will be launched on the selected AMM and centralized exchanges on Starknet, and the staking function will be enabled simultaneously. At that time, users can stake ZKX tokens and obtain a share of DEX transaction fees in the form of USDC.

In addition, ZKX has set a linear release period of 3 months for tokens of airdrop 1, airdrop 2, and accumulated trading rewards before the mainnet launch. Trading rewards obtained after June 6 will be available for immediate withdrawal. Airdrop 2 will be conducted on June 6, and the team plans to conduct two more rounds of airdrops (airdrop 3 and airdrop 4) this year. ZKX has already completed the first round of airdrops.

June 7

Optimism’s fourth round of retroactive public goods funding will close on June 7

Odaily Planet Daily reported that the fourth round of Optimism’s retroactive public goods fundraising application will end on June 7, the voting period will be from June 23 to July 8, and the results will be announced and funding will be distributed on July 15. In this round, The Optimism Collective will allocate 10 million OPs to reward Superchain developers.

June 8

Arbitrum's proposal to allocate 200 million ARB to expand the gaming ecosystem will end on June 8

Odaily Planet Daily News: The Arbitrum community’s proposal vote on “DAO allocates 200 million ARB to expand the gaming ecosystem on Arbitrum” will end on June 8. Part of the funds will be used to co-invest in potential studios and games with Arbitrum-approved publishers, and will be provided to all other game makers seeking to create games on Arbitrum. The GCP team will be established with the support of the Arbitrum Foundation and will work with the GCP Council (responsible for supervision).

June 9

None

Others (specific time undetermined)

The U.S. House of Representatives Financial Services Digital Assets Committee will hold a hearing next Wednesday to discuss the issue of RWA tokenization

Odaily Planet Daily News According to information shared by Fox Business reporter Eleanor Terrett on the X platform, the U.S. House Financial Services Digital Assets Subcommittee will hold a hearing next Wednesday to discuss the issue of tokenizing real-world assets (RWA).

Cross-chain application building platform Hyperlane will start modular expansion next week

Odaily Planet Daily News: Hyperlane, a cross-chain application building platform, announced on the X platform that it will launch modular expansion next week.

In September 2022, Hyperlane announced that it had completed US$18.5 million in financing, led by Crypto Investor Variant, with participation from Galaxy Digital, CoinFund, Circle, Figment, Blockdaemon, Kraken Ventures and NFX.