Next week's highlights
friend.tech v2 will be launched on April 29;
CZ will be sentenced on April 30 in the U.S. District Court for the Western District of Washington;
The spot Bitcoin and Ethereum ETFs issued by HashKey Capital in cooperation with Bosera International will be open for trading on April 30;
Renzo: REZ airdrop allocation ratio increased to 12%, and the claim time changed to April 30;
Kamino plans to issue KMNO tokens on April 30, with the initial community distribution accounting for 7.5% of the total.
From April 29 to May 5, more noteworthy events in the industry are previewed below.
April 29
OKX will launch MSN/USDT spot trading at 14:00 on April 29
Odaily Planet Daily News: According to the official announcement, OKX will launch MSN/USDT spot trading at 14:00 on April 29, and withdrawals will be open at 14:00 on April 30.
According to previous news, OKX Jumpstart will launch MSN (Meson Network) and will start staking mining at 6:00 UTC on April 26 (14:00 Beijing time). BTC and ETH holders can stake tokens and mine MSN in return.
Coinbase Derivatives postpones DOGE contract launch to April 29
Odaily Planet Daily News Derivatives exchange Coinbase Derivatives postponed the launch of Dogecoin (DOGE) futures contracts from April 1 to April 29. (Phoenix)
BNB Greenfield to Execute Mainnet Serengeti Hard Fork on April 29
Odaily Planet Daily News BNB Greenfield network is about to undergo the Serengeti hard fork, including: the test network Serengeti hard fork is scheduled to take place at block height 7, 354, 695. According to the current block interval, it is expected to occur at 07:00 am UTC on April 18; the main network Serengeti hard fork is scheduled to take place at block height 6, 863, 285. According to the current block interval, it is expected to occur at 07:00 am UTC on April 29.
Scroll mainnet will be upgraded to Bernoulli at 10:00 on April 29
Odaily Planet Daily News Scroll announced on the X platform that the mainnet will be upgraded to Bernoulli at 10:00 on April 29. It is reported that the upgrade introduces EIP-4844 data blob for L1 data availability and SHA 2-256 precompilation support.
friend.tech v2 will be launched on April 29
Odaily Planet Daily News: friend.tech posted on the X platform that it plans to launch version v2 on April 29 and the relevant audit has been completed.
Multi-chain lending protocol ZeroLend plans to launch governance token ZERO on April 29
Odaily Planet Daily News Multi-chain lending protocol ZeroLend revealed on the X platform that it plans to launch the governance token ZERO on April 29, and other details about TGE will be announced soon.
It is reported that ZeroLend supports zkSync, Manta Network, Blast, Linea and Ethereum, allowing users to deposit supported tokens and earn income from them. Previously, ZeroLend launched the Liquidity Re-Pledge (LRT) market on the Ethereum mainnet. ether.fi, Renzo, Kelp DAO and Puffer Finance users can now deposit LRT and borrow ETH or other liquid assets to obtain enhanced LRT points, as well as EigenLayer points and ZeroLend's Zero Gravity points.
De.Fi to launch token launch platform De.Fi Accelerator on April 29
Odaily Planet Daily News Web3 asset management super application De.Fi announced that it will launch a new token launch platform called De.Fi Accelerator on April 29. De.Fi Accelerator is designed for the new cycle of Web3 product releases and will be used for IDO and provide access to Web3 projects before they are launched on exchanges. (ChainWire)
April 30
CZ will be sentenced on April 30 in the U.S. District Court for the Western District of Washington
Odaily Planet Daily reported that former Binance CEO CZ will be sentenced in the United States District Court for the Western District of Washington on April 30 local time, when Judge Richard Jones will hear statements from prosecutors and CZ's lawyers.
In November 2023, he pleaded guilty to violating the Bank Secrecy Act for failing to maintain an effective anti-money laundering program. CZ’s actions included failing to meet required anti-money laundering standards in Binance’s operations, and he has reached a settlement with U.S. authorities, agreeing to pay $4.3 billion to resolve a civil regulatory enforcement action.
According to the US sentencing guidelines, he faces a recommended sentence of 12 to 18 months. Some believe that considering CZ's guilty plea and cooperation with authorities, he may receive leniency. (Cointelegraph)
The spot Bitcoin and Ethereum ETFs issued by HashKey Capital in cooperation with Bosera International will be available for trading on April 30
Odaily Planet Daily News: A HashKey spokesperson stated that the spot Bitcoin and Ethereum ETFs jointly issued by HashKey Capital and Bosera International will be open for trading on April 30.
It is reported that two ETFs are expected to be listed on the Hong Kong Stock Exchange, tracking the prices of Bitcoin and Ethereum respectively, and adopting a "physical" subscription mechanism, allowing investors to subscribe to ETF shares directly using Bitcoin and Ethereum. (Bloomberg)
DTCC: Starting April 30, companies will no longer be able to use cryptocurrency investment vehicles as collateral
Odaily Planet Daily News According to a document released by DTCC, starting from April 30, 2024, as part of the annual credit line renewal, DTCC will implement the following changes to modify the collateral value of certain securities, which may affect the position value applicable to Collateral Monitor: The collateral valuation of corporate notes or bonds rated B 1 to B 3 will be increased from 50% to 70%; any ETF or other investment vehicle that includes Bitcoin or any other cryptocurrency as an underlying investment will not be given a collateral value and will therefore be subject to a 100% deduction.
Renzo: REZ airdrop allocation ratio increased to 12%, claim time changed to April 30
Odaily Planet Daily News Renzo published a statement on the X platform stating that after listening to community opinions, it decided to update the token claim timeline, token economics, and airdrop qualifications. Specifically:
1. The snapshot time remains unchanged at April 26, and the claim date is changed to one hour before Binance’s launch on April 30;
2. In terms of token economics, the proportion of tokens allocated to the community increased from 30% to 32%, and the proportion of airdrops increased from 10% to 12%. The total supply in the first quarter increased from 5% to 7% (the additional 2% was borne by liquidity and the foundation), and the allocation in the second quarter remained at 5% of the total supply;
3. Airdrop qualifications: The minimum qualification for each wallet airdrop is 360 ezPoints. Most eligible wallets (over 99%) will be fully unlocked at TGE. Wallets with more than 500,000 ezPoints will unlock 50% at TGE, and the remaining will be linearly vested within 3 months.
Kamino plans to issue KMNO tokens on April 30, with the initial community distribution accounting for 7.5% of the total
Odaily Planet Daily News: According to official news, the Kamino Finance Foundation, a composable automated liquidity management protocol of the Solana ecosystem, announced the KMNO token economics. The total amount of KMNO is 10 billion, and the estimated initial circulation supply is 1 billion, of which 750 million will be initially distributed to the community. The TGE date is April 30, 2024.
NFTfi Foundation: NFTFI airdrop claim portal will open on April 30
Odaily Planet Daily News: NFT lending protocol NFTfi Foundation announced on the X platform that the NFTFI airdrop claim portal will be open at 20:30 Beijing time on April 30, and will last for 41 days until June 10. Unclaimed tokens will be returned to the community and reward allocation and used for future rewards. It is reported that the total token supply of NFTFI is 2 billion, and the initial circulation supply is expected to be 220 million, which will be distributed as ERC-20 tokens on the Ethereum mainnet. Tokens will be distributed to: community and rewards, foundations and ecosystems, core contributors and strategic supporters. 84.5% of the NFTFI token supply was initially locked and unlocked within four years.
StaFi: rSOL’s cross-chain bridge from StaFi to Solana will be removed on April 30th. Please migrate as soon as possible.
Odaily Planet Daily News: StaFi Protocol, a liquidity pledge agreement, posted on the X platform that due to the completion of the rSOL migration, the bridge from StaFi to Solana will be removed on April 30. Please migrate rSOL to Solana as soon as possible.
May 1st
Binance Labs Incubation S 7 Application Deadline Extended to May 1
Odaily Planet Daily News: Binance Labs Fund announced on the X platform that based on community feedback, it has decided to extend the application deadline for Binance Labs Incubation S 7 to 23:59 UTC on April 30 (7:59 Beijing time on May 1).
HKVAEX: Services will be suspended in phases starting from April 1, and the official website will be closed on May 1
Odaily Planet Daily News: HKVAEX recently announced that it will suspend services in phases starting from April 1, 2024, and its official website will be completely closed on May 1, 2024.
Starting today, HKVAEX will no longer accept new user registrations or virtual asset top-up services. Trading services will be closed at 23:59 on April 5, 2024. Users will not be able to place any new orders at that time, and all existing spot orders will be automatically cancelled by the system.
Omni Network: OMNI Genesis Staking Rewards will end on May 1st
Odaily Planet Daily News Omni Network posted on the X platform that the OMNI Genesis Staking Rewards will end on May 1st, and users can check their qualifications through the corresponding official claim portal. Please note that staking will continue indefinitely, but May 1st is the deadline for special Genesis Rewards.
Bitcoin L2 network BOB postpones mainnet launch to May 1
Odaily Planet Daily News: Bitcoin L2 network BOB (Build on Bitcoin) posted on the X platform that due to the surge in the number of projects ready to be deployed on BOB, the team postponed the mainnet launch to May 1 (originally scheduled for April 24) to accommodate additional testing and auditing.
Officials added that users' locked assets will receive additional returns over an extended week and will be available when Season 2 starts on May 1. User assets are safe and its non-custodial BOB Fusion contract has been rigorously audited. In the unlikely event of further delays, user assets will be automatically unlocked on May 15 at the latest.
Theta Labs: Edge Cloud to be released on May 1
Odaily Planet Daily News: Blockchain video transmission network Theta Labs announced that it will release Edge Cloud on May 1, providing AI developers with the tools and dashboards needed to use Edge Cloud. On June 26, Theta Labs will release a new Edge node client with Elite+Booster capabilities, enabling users to participate in the next generation of AI and computing work.
DeSo will conduct Revolution Proof of Stake upgrade on testnet on May 1
Odaily Planet Daily News: The decentralized social network L1 DeSo will conduct a Revolution Proof of Stake upgrade on the testnet on May 1. The mainnet is currently scheduled to launch on May 22.
After this upgrade, DeSo will support 500 posts per second (10% of X scale), the Maximize Burn Fee (BMF) algorithm, 1 second confirmation time, 20% APY for staking DESO, and permissionless validators.
Rollbit: All RLB tokens on Solana must be migrated before May 1st, otherwise they will be destroyed
Odaily Planet Daily News: Rollbit published a statement on the X platform stating that users holding RLB tokens on Solana must migrate to Ethereum before May 1, and all RLB tokens on the Solana chain will be destroyed after May 1.
May 2
Mocaverse: MOCA Community Sale is now live and will last until May 2
Odaily Planet Daily News: Animoca Brands' Web3 project Mocaverse announced on the X platform that the MOCA community public sale has been launched, and the sales time is from 8:00 on April 25 to 8:00 on May 2. The sales results will be announced on May 7.
It is reported that a total of 126,984,127 MOCAs were sold in the public sale at a price of US$0.03938, with a minimum purchase threshold of US$100 (supporting USDT and USDC), and a fundraising target of US$5 million; 5% of them will be unlocked by TGE, and the remaining tokens will be released linearly for 52 weeks after being locked for 3 months.
Shibarium network to undergo hard fork on May 2
Odaily Planet Daily News: The Shibarium network will undergo a hard fork upgrade on May 2 to enable faster transactions and reduce costs. (The Shib Daily)
May 3
Over $155 million worth of MEME will be unlocked on May 3, accounting for 31.96% of the circulating supply
According to Token Unlocks data, 5.31 billion MEME tokens worth more than $155 million will be unlocked on May 3, 2024, accounting for 31.96% of the circulating supply. These tokens will be unlocked and distributed to airdrops, consultants, and investors.
May 4
None
May 5
Backpack on io.net airdrop snapshot will be conducted from April 23 to May 5
Odaily Planet Daily reported that Backpack posted on the X platform that the io.net airdrop snapshot on Backpack Exchange will be conducted between 15:00 on April 23 and 15:00 on May 5.
Blockchain game Heroes of Mavia will be launched on the Ruby Market on May 5
Odaily Planet Daily News: The blockchain game Heroes of Mavia posted on the X platform that it will launch the Ruby Market on May 5, and new skins, color schemes, statues, land decorations, and consumables will be launched as tradable legendary items for Rubies.
Others (specific time undetermined)
friend.tech: The snapshot has been completed and the status of points on the chain will be announced next week
Odaily Planet Daily News: friend.tech posted on the X platform that data repair and snapshots have been completed, the points balance has been locked, and points will no longer be transferred if the X account is canceled or relinked. The status of points on the chain will be announced next week.
Scallop: Will enter testing next week, increasing borrowing incentives by redistributing SUI supply incentives
Odaily Planet Daily News According to official news, Scallop released an update on the borrowing incentive plan. Next week, Scallop will enter a testing period to gradually increase SUI's borrowing incentives by redistributing SUI's supply incentives.
Grand Base: LP balance snapshot has been taken, airdrop query tool will be ready next week
Odaily Planet Daily News Base Ecosystem RWA Market Grand Base posted on the X platform that it has cooperated with Extra Finance to take a snapshot of LP balances at block height 13180566. More updates on other partners will be announced soon.
The airdrop query tool will be ready next week, and users can use it to check the amount of airdrops they can receive once the official token is relaunched using the new smart contract.
The issuance of the TON ecosystem project Notcoin token NOT is expected to be postponed to the end of April
Odaily Planet Daily News: The Notcoin token NOT of the TON Ecosystem Click-to-Earn game project was originally scheduled to be issued on April 20, but its team said that more time is needed to ensure the smooth issuance of the Notcoin token. According to Sasha Plotvinov, founder of Open Builders, the goal of the NOT token may be to launch it at the end of this month. (Decrypt)
