Compiled by Fairy, ChainCatcher.
Key news:
Ripple's stablecoin RLUSD is expected to officially launch on December 4, 2024.
Cboe plans to launch the first cash-settled index options related to the Bitcoin price on December 2nd.
Bitwise is expected to convert its three futures-based ETFs into a single ETF on December 3rd.
Gala Film announces the issuance of FILM tokens on December 5th.
The U.S. will announce the non-farm employment data for November.
Federal Reserve Chairman Powell is invited for an interview at the DealBook/Summit conference.
December 2nd (Monday)
Cboe plans to launch the first cash-settled index options related to the Bitcoin price on December 2nd.
Cboe plans to launch the first cash-settled index options related to the spot Bitcoin price on December 2nd.
These options will be regulated by the U.S. Securities and Exchange Commission (SEC), based on the new Cboe Bitcoin U.S. ETF Index (Ticker: CBTX), which is the first U.S. spot Bitcoin ETF index in the market: a modified market capitalization-weighted index designed to track the performance of a basket of spot Bitcoin ETFs listed in the U.S.
The design of the Cboe Bitcoin U.S. ETF Index is also related to the price of spot Bitcoin, making it a representative indicator of the asset.
In previous news, CBOE plans to launch the first cash-settled option product related to spot Bitcoin next week.
Anzen Finance's ANZ public sale will start on December 2nd, and the first quarter community airdrop will also take place.
RWA stablecoin USDz issuer Anzen Finance announced the token economics of its governance token ANZ, with a total supply of 10 billion ANZ tokens and an initial circulating supply of 10.7%.
Airdrops account for 5% of the supply, allocated to users who contributed to the early development of the Anzen ecosystem. There is no vesting for airdrops, but the first 500 wallets will vest 50% within 6 months.
The ecosystem accounts for 42.7%, which will be used to distribute rewards to users (including USDz stakers, USDz-USDC LPs, and USDz bondholders).
Investors account for 20.6%, core contributors account for 5%, the foundation accounts for 20%, and Launchpad sales account for 6.7%.
The public sale of ANZ will start on December 2nd on Fjord Foundry and Starship, while Anzen's first quarter community airdrop will also take place.
MoveDrop allocates 10% of the total token supply to the community, users must complete the relevant registration by December 2nd or they will lose eligibility for the distribution.
The 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 and register, with the deadline set for December 2, 2024, at 2 PM UTC. After the TGE (coming soon), users can check MoveDrop eligibility and claim airdrops. Failing to register on time will result in the loss of MoveDrop eligibility.
Users can choose to claim $MOVE on the Ethereum mainnet or wait until the Movement Network mainnet (coming soon) to claim $MOVE, which will yield a 1.25x reward multiplier. The Movement Network Foundation also stated plans to distribute more $MOVE tokens in future events.
In previous news, the Movement Network Foundation announced the token economics of its token $MOVE, with a total supply of 10 billion $MOVE tokens and an initial circulating supply of about 22%, with 60% of the total allocated to the community, including ecosystem and community, foundation, and initial claims.
December 3rd (Tuesday)
OKX will delist GFTUSDT perpetual contract trading.
According to official announcements, OKX will delist GFT margin trading pairs and perpetual futures.
Perpetual contract trading: GFTUSDT will be delisted at 4:00 PM (UTC+8) on December 3, 2024.
Leverage trading and spot borrowing: GFT/USDT will be delisted from 2:00 PM to 4:00 PM (UTC+8) on December 2, 2024.
Bitwise is expected to convert its three futures-based ETFs into a single ETF on December 3rd.
According to Coindesk, Bitwise announced the launch of the Bitwise Trendwise Bitcoin and Treasury Rotation Strategy ETF (BITC) on Friday, which combines the Bitwise Bitcoin Strategy Optm Roll ETF (BITC), the Bitwise Ethereum Strategy ETF (AETH), and the Bitwise Bitcoin and Eth Eq Wgh Str ETF (BTOP).
Bitwise stated in a statement that the spot Bitcoin and Ethereum ETFs launched earlier this year have made futures-based crypto funds less attractive 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. Treasuries based on market trends, thus better managing the volatility of the crypto market. Bitwise is converting its three futures-based ETFs into a single ETF, with the conversion expected to occur on December 3rd.
December 4th (Wednesday)
The South African FSCA has not yet restored the license of the South African exchange Banxso, with a provisional review scheduled for December 4th.
The South African Financial Sector Conduct Authority (FSCA) announced that although the High Court of the Western Cape has lifted the asset preservation order against the South African exchange Banxso (Pty) Ltd, Banxso's financial services provider (FSP) license remains revoked.
In addition, the company is not allowed to conduct financial services business, and its funds can only be used to migrate customers to other financial service providers authorized by FSCA. The Banxso-related case is tentatively scheduled for a review on December 4, 2024, with FSCA conducting investigations into Banxso and its management activities.
Ripple is about to receive NYDFS approval to issue the stablecoin RLUSD, expected to officially launch on December 4, 2024.
According to FOX Business, insiders reveal that Ripple is about to receive approval from the New York Department of Financial Services (NYDFS) to issue the stablecoin RLUSD, expected to officially launch on December 4, 2024.
Currently, the market capitalization of XRP has reached $99 billion, ranking as the fifth largest cryptocurrency globally. As a regulated entity approved by NYDFS, Ripple will collaborate with payment service providers such as Bitstamp, Moonpay, and Uphold to launch this stablecoin.
The stablecoin aims to meet customer demand for low-volatility digital currencies while promoting further development of cross-border payments and remittance transactions. Previously, Ripple also established an RLUSD advisory committee, which includes former FDIC chairman Sheila Bair, former JPMorgan executive David Puth, and Ripple co-founder and executive chairman Chris Larsen.
Clanker plans to distribute user fee sharing profits on December 4th.
Base ecosystem AI Agent Clanker posted on the X platform that it plans to distribute user fee sharing profits on December 4th.
December 5th (Thursday)
Gala Film announces the issuance of FILM tokens on December 5th.
According to official news, Gala Film announced the issuance of FILM tokens on December 5th, as the official reward and utility token of the platform.
Japanese crypto exchange Coincheck is expected to list on the U.S. SPAC in December, with its merger company holding a shareholder meeting on December 5th.
According to CoinDesk, Japanese broker and crypto exchange operator Monex Group announced today that its subsidiary Coincheck Group BV (CCG) has received effective registration from the U.S. Securities and Exchange Commission (SEC) for its registration statement (Form F-4) on November 12th, which will greatly advance the process for the crypto exchange's listing on Nasdaq.
According to the announced schedule, the special purpose acquisition company (SPAC) Thunder Bridge Capital Partners IV (THCP) will hold a shareholder meeting on December 5th, with the merger expected to be implemented around December 10th. CCG's stock (ticker: CNCK) is expected to begin trading on Nasdaq on the next trading day after the merger is completed.
This Coincheck listing was achieved through its merger with THCP announced in March 2022. Initially planned to be completed in the second half of that year, it subsequently experienced three contract changes, in May 2023, May 2024, and October, ultimately receiving approval from the SEC.
Federal Reserve Chairman Powell is invited for an interview at the DealBook/Summit conference.
At 2:45 Beijing time on December 5th, Federal Reserve Chairman Powell is invited for an interview at the DealBook/Summit conference hosted by The New York Times.
Farcaster plans to launch a more feature-rich updated version on December 6th.
According to Cointelegraph, Dan Romero, founder of the decentralized Web3 social protocol Farcaster, detailed the updates to Frames, which have caused a 400% surge in protocol user numbers within a week. Romero stated on X regarding the Frames v2 specification: 'The new Frame standard will support interactive applications, on-chain transactions, and user notifications, which will drive the emergence of many new social applications.'
In addition, Romero linked to the developer preview of Frames v2 in another post, stating: 'We have significantly improved the reliability and speed of transactions and signing messages on mobile devices using the Mobile Wallet Protocol and Rainbow.' The new Frames specification emphasized by Romero will be launched on the web and mobile devices on November 27th, with a more feature-rich updated version to be released on December 6th. According to the complete specification on GitHub, the full stable version is expected to be released in January or February next year.
December 6th (Friday)
The U.S. will announce the non-farm employment data for November.
At 21:30 Beijing time on December 6th, the U.S. will announce the non-farm payrolls adjusted for November.
Specific time to be determined.
Omni Network will launch its private mainnet next week.
The interoperability protocol Omni Network announced that it will launch its private mainnet next week, with current progress at 95%.
Omni is an interoperability layer for Ethereum, enabling developers to program global applications that span the entire Rollup ecosystem of Ethereum. When building applications, developers will no longer be forced to build within the confines of a single Rollup or execution environment.
