News preview:
The Chicago Board Options Exchange will launch the first cash-settled options product related to the spot Bitcoin;
MoveDrop will allocate 10% of the total token supply to the community, and users must complete relevant registration by December 2, otherwise they will lose the eligibility to claim;
Fox Business reports that New York regulators will approve Ripple's issuance of the stablecoin RLUSD, expected to launch on December 4;
ai16z founder: Currently discussing the establishment of a legal entity with a16z, and will launch the ai16z DAO autonomous trading function next week;
Taiko (TAIKO) will unlock approximately 9.29 million tokens at 8 PM Beijing time on December 5, accounting for 11.38% of the current circulation, valued at about $20.9 million;
Cardano (ADA) will unlock approximately 18.53 million tokens at 8 AM Beijing time on December 6, accounting for 0.05% of the current circulation, valued at about $19.8 million;
SynFutures (F) will officially issue on December 6
December 2
Exchanges:
The Chicago Board Options Exchange will launch the first cash-settled options product related to the spot Bitcoin on December 2
The Chicago Board Options Exchange (CBOE) announced plans to launch the first cash-settled index options related to the spot price of Bitcoin starting December 2 (Monday). These options will be exclusively listed and traded on the CBOE Options Exchange, regulated by the U.S. Securities and Exchange Commission, and based on the new CBOE Bitcoin U.S. ETF index. Rob Hocking, global head of product innovation at CBOE, stated: "This new series of options based on the CBOE Bitcoin U.S. ETF index provides a timely and attractive solution for traders to efficiently access the Bitcoin spot market. We anticipate that the unique advantages of cash settlement, combined with the launch of various index scale options and flexible options, will offer clients more flexibility in trading strategies. Our index options provide a unique value proposition, which we believe will attract institutional participants and retail traders looking to profit from or hedge Bitcoin price fluctuations without directly holding the asset."
Project updates:
MoveDrop will allocate 10% of the total token supply to the community, and users must complete relevant registration by December 2, otherwise they will lose the eligibility to claim.
Movement Network Foundation announced the MoveDrop airdrop plan, aimed at rewarding early users and community members of Movement. MoveDrop will allocate 1,000,000,000 $MOVE (10% of the total supply) to the community, eligible users include: Road to Parthenon participants, Battle of Olympus winners, Gmovers, designated communities, and Movement testnet builders. Users can visit the MoveDrop website to register, with a deadline of December 2, 2024, at 2 PM UTC. After TGE (coming soon), users can check MoveDrop eligibility and claim airdrops. Failing to register on time will result in losing eligibility for MoveDrop claims.
Users can choose to claim $MOVE on the Ethereum mainnet or wait for the Movement Network mainnet (coming soon) to claim $MOVE, which will generate a 1.25x reward multiplier. The Movement Network Foundation also stated that it plans to distribute more $MOVE tokens in future events.
The chain game Big Time will release its player-versus-player mode on December 2
Big Time Studios announced that its NFT video game Big Time will release its player-versus-player (PvP) mode on December 2.
Governance voting:
ZKsync will initiate proposal ZIP-002 on December 2: reducing the execution delay of ZK chains from 21 hours to 3 hours
ZKsync released governance proposal ZIP-002, planning to shorten the execution delay of all ZK chains from 21 hours to 3 hours to enhance user experience (such as CEX withdrawal speed) and operational efficiency, while monitored by a security committee to ensure safety. The voting for this proposal will start on December 2, and if passed, will optimize the transaction efficiency of the ZKsync Era and Elastic Chain ecosystems.
Token unlock:
Dora Factory (DORA) will unlock approximately 28.57 million tokens at 8 AM Beijing time on December 2, accounting for 2.86% of the current circulation, valued at about $3.5 million
December 3
Project updates:
Bitwise plans to convert its three futures-based ETFs into a single ETF on December 3
Bitwise announced the launch of the Bitwise Trendwise Bitcoin and Treasury Rotation Strategy ETF (BITC), which combines Bitwise Bitcoin Strategy Optm Roll ETF (BITC), Bitwise Ethereum Strategy ETF (AETH), and Bitwise Bitcoin and Eth Eq Wgh Str ETF (BTOP). Bitwise stated in a release that earlier this year launched spot Bitcoin and Ethereum ETFs, reducing the attractiveness of futures-based crypto funds for investors seeking long-term capital appreciation. With the new fund, asset managers can rotate between 100% exposure to crypto futures contracts and 100% exposure to U.S. Treasury bonds based on market trends, thereby better managing volatility in the crypto market. Bitwise is converting its three futures-based ETFs into a single ETF, with the conversion expected to take place on December 3.
The token airdrop event launched in cooperation with DIN and Binance Web3 wallet will end on December 3
The first modular AI data preprocessing layer DIN, in partnership with Binance Web3 wallet, launched a 375,000 DIN token airdrop campaign that will last until December 3. During the event, users only need to enter the event page and complete relevant tasks, such as registering a Binance account, connecting the Binance Web3 wallet, following related social media, completing daily Boost tasks, and inviting friends to participate in sharing 375,000 DIN tokens. Additionally, DIN has opened Chipper node pre-mining, and users participating in the Binance Web3 wallet activities and completing daily Boost tasks will automatically join the pre-mining and earn extra airdrop points. During DIN's TGE phase, all users will receive DIN tokens based on their held airdrop points. This portion of tokens will be released 100% during TGE, without the need for complex mechanisms like lock-up or linear unlocking.
December 4
Project updates:
Fox Business reports that New York regulators will approve Ripple's issuance of the stablecoin RLUSD, expected to launch on December 4
According to FOX Business, citing informed sources, New York's top cryptocurrency regulator is about to approve a new stablecoin RLUSD issued by cross-border payment company Ripple. Informed sources stated that the New York Department of Financial Services has indicated to Ripple that it will approve the product, which the company plans to launch on December 4. If approved, Ripple will be able to legally offer its stablecoin named RLUSD to the public, making it a major player in New York's regulated digital financial market and the broader stablecoin ecosystem.
Clanker plans to distribute user fee-sharing profits on December 4
Base ecosystem AI Agent Clanker posted on platform X that it plans to distribute user fee-sharing profits on December 4. Previously, Clanker's co-founder stated that after the Clanker contract upgrade, users will be able to claim 40% of the fee-sharing.
Sophon will open KYC verification on December 4
Sophon officially announced that the mainnet will be officially launched on December 18, focusing on on-chain entertainment ecology, including ticketing, mobile games, AI agent platforms, prediction markets, cross-chain bridges, decentralized exchanges, and Memecoin Launchpad applications. SOPH tokens will be released in two phases: the first phase is Genesis, providing a gas-free experience to test network stability, but the tokens will not be transferable. Node rewards will start accruing from January 1, 2024. In addition, Sophon will open KYC verification on December 4, launch the Guardian application on December 18, and initiate membership claiming and delegation processes, aiming to build the future of on-chain entertainment through real users and practical scenarios, and plans to introduce listed companies and mature gaming projects to accelerate user onboarding.
Token unlock:
Ethena (ENA) will unlock approximately 12.86 million tokens at 3 PM Beijing time on December 4, accounting for 0.45% of the current circulation, valued at about $10.5 million
Eigenlayer (EIGEN) will unlock approximately 1.29 million tokens at 3 AM Beijing time on December 4, accounting for 0.69% of the current circulation, valued at about $4.9 million.
Staika (STIK) will unlock approximately 1.57 million tokens at 8 AM Beijing time on December 4, accounting for 0.00% of the current circulation, valued at about $2.4 million
December 5
Policy regulation:
The Federal Reserve released the Beige Book on economic conditions; Federal Reserve Chairman Powell was invited to be interviewed at The New York Times' DealBook/Summit conference
Exchanges:
Japanese crypto exchange Coincheck is expected to list in the U.S. via SPAC in December, with its merger company holding a shareholder meeting on December 5
Japanese brokerage and crypto exchange operator Monex Group announced that its subsidiary Coincheck Group BV (CCG) has submitted a registration statement (Form F-4) to the U.S. SEC, which became effective on November 12, significantly advancing the process for the crypto exchange to list on the NASDAQ.
According to the published schedule, the special purpose acquisition company (SPAC) Thunder Bridge Capital Partners IV (THCP) will hold a shareholder meeting on December 5, with the merger expected to take place around the 10th of the same month. CCG's stock (stock code: CNCK) is expected to begin trading on NASDAQ on the next trading day after the merger is completed. This listing of Coincheck is achieved through the merger announced with THCP in March 2022. Originally planned for completion in the second half of that year, it subsequently experienced three contract changes, in May 2023, May 2024, and October, ultimately obtaining approval from the SEC.
Project updates:
Nissan will issue a limited edition of 5,523 membership NFTs on December 5
Nissan Motor Co., Ltd. announced the launch of a new membership service "NISSAN PASSPORT BETA" on December 5, planning to issue a limited edition of 5,523 membership NFTs for special experiences. Details of the service are unclear, but the teaser website indicates it seems to be a new customer engagement measure utilizing Web3 technology, expected to provide special product experiences and advance information to NFT holders.
Gala Film will issue FILM tokens on December 5
Gala Film, the film platform under the chain game studio Gala Games, announced that it will launch its official rewards and utility token FILM on December 5.
Lumoz will airdrop a total of 15 million esMOZ to ZKFair users, ending on December 5
The modular computing layer & RaaS platform Lumoz announced an airdrop to ZKFair stakers. The event runs from November 5 to December 5, with a total of 15 million esMOZ airdropped daily based on user staking weight, totaling 150 million esMOZ. Airdrop snapshots will be taken daily at 8 AM (UTC+8), and users can check details on Lumoz's official airdrop page after 10 AM (UTC+8). Airdrop claims will occur after Lumoz's mainnet launch. ZKFair employs a 100% fair launch token model, supported by technology and computing power from the ZK-RaaS platform Lumoz. Lumoz completed its Pre-A round and strategic financing in the first half of this year, with a cumulative financing amount reaching $14 million and a latest round valuation of $300 million, with participation from OKX Ventures, HashKey Capital, IDG, Web3port Foundation, and Polygon, among others.
Token unlock:
Taiko (TAIKO) will unlock approximately 9.29 million tokens at 8 PM Beijing time on December 5, accounting for 11.38% of the current circulation, valued at about $20.9 million.
Delysium (AGI) will unlock approximately 8.57 million tokens at 8 AM Beijing time on December 5, accounting for 0.67% of the current circulation, valued at about $2.1 million
Everclear (NEXT) will unlock approximately 20.11 million tokens at 8 AM Beijing time on December 5, accounting for 18.82% of the current circulation, valued at about $2.6 million
December 6
Project updates:
SynFutures (F) will officially issue on December 6
The F token of SynFutures will officially issue on December 6. SynFutures previously announced its foundation plans and the F token economic model, with a total supply of 10 billion, of which the community accounts for 28.5%, early supporters and advisors 23.5%, core contributors 15%, and the foundation treasury 25%. SynFutures, as the leading perpetual contract exchange in the Base ecosystem, has launched the industry's first Perp Launchpad, supporting various asset markets for blue-chip tokens, LSTs, and memes, providing users with an innovative trading experience.
Farcaster plans to launch a feature-rich updated version on December 6
Dan Romero, founder of the decentralized Web3 social protocol Farcaster, detailed the status of the Frames update, which caused a 400% surge in the number of protocol users within a week. Romero stated while introducing the Frames v2 specification on X: "The new Frame standard will support interactive applications, on-chain transactions, and user notifications, driving the emergence of many new social applications." Additionally, Romero linked to the developer preview of Frames v2 in another post, stating: "We have significantly improved the reliability and speed of transactions and signature messages on mobile devices using the Mobile Wallet Protocol and Rainbow." The new Frames specification is set to launch on web and mobile devices on November 27, with a more feature-rich updated version launching on December 6. According to the complete specifications on GitHub, the fully stable version is expected to be released in January or February next year.
Token unlock:
Cardano (ADA) will unlock approximately 18.53 million tokens at 8 AM Beijing time on December 6, accounting for 0.05% of the current circulation, valued at about $19.8 million
Cetus Protocol (CETUS) will unlock approximately 8.33 million tokens at 8 AM Beijing time on December 6, accounting for 1.37% of the current circulation, valued at about $3.1 million.
December 7
None
December 8
None
Specific time to be determined
Project updates:
ai16z founder: Currently discussing the establishment of a legal entity with a16z, and will launch the ai16z DAO autonomous trading function next week
Crypto KOL Mark summarized the project information updated by ai16z founder Shaw on platform X. This includes:
Plans to launch the ai16z DAO autonomous trading function next week and promises not to tweet until everything is completed;
A top-tier CEX wants to launch ai16z, but requires ai16z to establish a legal entity first;
Currently in discussions with actual a16z to discuss launching DUNA (Decentralized Non-Profit Organization: Legal DAO formation in Wyoming);
In discussions with the Ethereum Foundation, Magic Eden, Jupiter, and other companies for potential collaborations;
The ai16z open committee will be jointly established with Nous Research (a top open-source AI company) and Loot Realms.
Governance voting:
The first Jupuary governance vote did not reach the 70% approval rate; a new proposal vote will be held early next week
Jupiter co-founder Meow stated on platform X that the first Jupuary voting has ended, failing to reach the required 70% approval rate, with 58% in favor and 42% against. 364 million JUP participated in the voting, with verified feedback reaching 12,000 entries, many of which were lengthy and detailed. Due to the need for a 70% absolute majority, a second vote will be held. The new proposal vote is scheduled for early next week. The following is the plan for the coming days:
Review feedback from all sources
Address all major concerns and areas of opposition
Propose new proposals that can be supported
