Arrangement: Fairy, ChainCatcher
Key news:
Biden to attend Bitcoin roundtable in Washington in early July
Mt. Gox will begin Bitcoin, BCH repayments in early July 2024
The UK will hold a general election on July 4
AGIX and OCEAN will be converted to FET on July 1st, and then transition to ASI tokens
ether.fi: Season 3 starts on July 1st
Mint will launch its public mainnet on July 1
Particle token TGE will be held at 18:00 on July 2
July 1 (Monday)
Grab to stop e-wallet service in Vietnam from July 1
Grab, a multi-functional online service platform in Southeast Asia, announced today that it will stop providing e-wallet services in Vietnam, which were launched in 2018 in a strategic partnership with local payment company Moca. From July 1, this change will affect the Moca application and Grab's application in Vietnam. The partnership includes Moca providing payment intermediary services for all Grab businesses in Vietnam. Users will receive a refund for the remaining balance. In addition, Grab users can still use bank cards, ZaloPay accounts and MoMo accounts for cashless payments.
Binance Updates Custody Sub-account Functionality
Starting from 08:00 (ET) on July 1, 2024, Binance will update its Custody Subaccount feature (MSA). The update includes: asset requirements, rate structure, and new custody subaccount fees.
Teams that have deployed active contracts on the Zetachain mainnet can submit ZETA Rewards RFP proposals
The full chain abstraction L1 Zetachain announced the first round of XP airdrops, which will distribute 10 million ZETA rewards. Any team that deploys active contracts on the Zetachain mainnet and has active users can submit a ZETA reward RFP proposal before 08:00 Beijing time on July 1. This airdrop focuses on the first batch of XP users in the snapshot on May 1. About 419,000 users are eligible, and these users have at least 200,000 XP.
Zetachain said that when creating a proposal, the project should allocate at least 95% of the tokens to users, and the development team can retain up to 5% to pay for operating costs or future user growth plans. Projects can determine reward mechanisms such as first come first served, proportional distribution, etc.
In addition, Zetachain stated that since the release of Zetachain 1.0, the User Growth Pool has distributed 80 million ZETA to users.
Binance will delist and stop trading of all spot trading pairs of OCEAN and AGIX on July 1
Binance will delist and stop trading of all spot trading pairs of OCEAN and AGIX at 11:00 Beijing time on July 1 to support the merger of OCEAN and AGIX into FET.
Earlier news, the Alliance for Artificial Super Intelligence announced major progress and updates on the ASI token merger, which is scheduled to be implemented on July 1, 2024. The token merger will temporarily merge SingularityNET's AGIX and Ocean Protocol's OCEAN tokens into Fetch.ai's FET, and then transition to the future ASI token.
AGIX and OCEAN will be converted to FET on July 1st, and then transition to ASI tokens
The Alliance for Artificial Superintelligence announced significant progress and updates regarding the ASI token merger, scheduled to begin on July 1, 2024. The token merger will temporarily merge SingularityNET’s AGIX and Ocean Protocol’s OCEAN tokens into Fetch.ai’s FET, and then transition to the ASI token in the future.
AGIX and OCEAN tokens will migrate to FET at a conversion rate of 1 AGIX equal to 0.433350 FET and 1 OCEAN equal to 0.433226 FET.
According to previous news, Binance will support the merger of FET, OCEAN and AGIX into ASI on July 1.
Decentralized Autonomous Organization W3GG will launch private token sale on July 1
The decentralized autonomous organization W3GG said it will launch a private token sale on July 1. W3GG is offering community members an opportunity to purchase tokens at an initial price of $0.05 per token.
To participate in the sale, community members must meet the following requirements:
Have a W3GG account
Own W3GG SBT
Complete KYC on presale.w3gg.io
Have more than 1500 WXP
ether.fi: Season 3 starts on July 1st
The liquidity staking protocol ether.fi posted on social media that Season 2 will end on June 30. Checker will be launched on July 5. Claims will be launched on July 8.
The 25 million ETHFI allocation for Season 3 is currently awaiting a vote and will likely pass. Season 3 will begin on July 1st.
Curve Finance’s first liquidity pool supporting aUSDT stablecoin ends voting date
Curve Finance announced on the X platform that it has opened a vote to launch the first liquidity pool that only supports Tether, which is also the first aUSDT liquidity pool in the DeFi market. It is reported that the end date of this vote is July 1.
Uphold will stop supporting various stablecoins starting July 1
According to Crypto Briefing, New York-based cryptocurrency exchange Uphold announced that it will stop supporting multiple stablecoins starting July 1 due to the European Economic Area’s (EEA) upcoming Markets in Crypto Assets (MiCA) regulation, which will be implemented on June 30.
It is reported that the affected stablecoins include Tether (USDT), Dai (DAI), Frax Protocol (FRAX), Gemini Dollar (GUSD), Pax Dollar (USDP) and TrueUSD (TUSD). Uphold recommends that users convert the relevant stablecoins they hold before June 27 to avoid automatic conversion to USDC on June 28.
WEMIX will launch the Brioche hard fork on July 1, and the total supply of WEMIX tokens will be reduced by 60%
South Korean blockchain gaming platform WEMIX announced on its official website that the Brioche hard fork will be officially launched on July 1. The hard fork aims to introduce revised minting rules and enhanced WEMIX PLAY, while also incorporating blockchain technology into the "Legend of YMIR". The total supply of WEMIX will be limited to 588 million, a 60% reduction from the current maximum supply of 980 million. In addition, with the launch of the Brioche hard fork, the upgraded WEMIX token economics will destroy approximately 435 million WEMIX held by the foundation.
io.net: Ignition Rewards Program Season 3 Claim Period to Start on July 1
io.net announced on the X platform that the application period for the Ignition Rewards Program Season 1 and Season 2 will end at 11:00 UTC on June 18, 2024, and users with eligible wallets must claim before the claim window closes. The claim period for Season 3 will begin at 13:00 UTC on July 1, 2024 (21:00 Beijing time).
dYdX: DYDX monthly unlocking will be reduced from 33 million to 8.3 million
dYdX stated on the X platform that starting from July 1, 2024, the monthly unlocking of DYDX will be reduced from 33 million to 8.3 million, a 75% reduction.
Aleo Releases Testnet Beta Validator Incentive Program
Programmable privacy network Aleo has released a beta testnet validator incentive program. From July 1 to 15, users can earn Aleo credits by solving Coinbase puzzles and generating zero-knowledge proofs. The official will provide 1 million credits to validators, and the minimum reward is 1,000 mainnet credits. If the user earns less than this number of credits, he will not be rewarded.
Mint will launch its public mainnet on July 1
Mint, an Ethereum L2 network for NFTs, announced on X that it will launch its public mainnet on July 1.
Opyn Markets, Opyn’s Perpetual Contract Protocol, will launch its landing page on July 1
Decentralized options platform Opyn announced on social media that it will launch the perpetual contract agreement Opyn Markets. The platform supports any asset and provides linear, stable and option-like perpetual contracts. The landing page will be launched on July 1.
Tuesday, July 2
Particle token TGE will be held at 18:00 on July 2
Blast Ecosystem's decentralized leveraged trading protocol Particle announced the PTC token economics, with a maximum supply of 200 million, with the community accounting for 55%, contributors accounting for 21%, and investors accounting for 24%.
In addition, the initial airdrop is 20 million tokens (about 18.2% of the community allocated tokens), vesting in 24 months; contributors and investors' tokens are locked for 6 months. In addition, TGE will be held at 18:00 on July 2.
Parallel Network: Withdrawal function will be launched on July 2
The full-chain L2 network Parallel Network published a statement on the X platform stating that the withdrawal function will be launched on July 2, and users can withdraw assets from Parallel L2 to public chains, including ETH, Manta, Merlin-Chain and Arbitrum One.
Wednesday, July 3
Ronin: Goda upgrade is scheduled to go live on July 3
Ronin announced that it plans to carry out the Goda upgrade on block 36052600 on July 3. In addition, Ronin also stated that the Tripp hard fork enables all validators to receive rewards by generating blocks every day.
Aaron Hardfork introduced the upgradeability of Axie & Land smart contracts, and REP-0014 proposed to implement Ethereum's EIP-1559 to transfer gas fees to the Ronin Treasury.
Scroll will upgrade to Curie on July 3, introducing DA compression to reduce on-chain gas fees
Scroll announced on the X platform that it will upgrade Curie on July 3, and the gas fee will be reduced by 2 times after the upgrade. The Curie upgrade uses the zstd algorithm to further compress the data stored in the blob. This compression can reduce the data size by 2.8 times, allowing each blob to store more transactions, thereby reducing the data availability cost of each transaction.
Thursday, July 4
Degen Launches Airdrop 2 Season 6
Base ecosystem project Degen posted on X that Airdrop 2 Season 5 will be extended to July 4, and Season 6 will be launched on the same day.
The US SEC may approve the spot Ethereum ETF as early as July 4 (the SEC returned the S-1 form again, and it is expected that the approval probability on this date is low)
According to Reuters, citing industry executives, eight asset management companies including BlackRock have entered the final stage of negotiations with regulators, with only minor changes remaining. It is expected that the U.S. SEC may approve the Ethereum spot ETF as early as July 4.
Executives at both companies, who spoke on the condition of anonymity because the discussions are confidential, said the process of revising the offering documents had progressed and only “minor” issues had been resolved. The documents must be approved before the ETFs can be launched. A lawyer working with the issuers, who also spoke on the condition of anonymity, said it was “in the final stages” and approval “could only be a week or two away.”
Wormhole: W airdrop claim window will close on July 4
Wormhole stated on the social platform that the W airdrop claim window will close at 7:59 on July 4th, Beijing time.
Additionally, SUI users who are unable to claim their airdrops due to zkLogin will soon be provided with updated information on their claims.
The UK will hold a general election on July 4
The United Kingdom is set to hold a snap general election on July 4, an election that could result in the crypto-friendly Conservative Party losing power.
The Conservative Party has stated that it wants the U.K. to become a crypto hub and has been instrumental in passing legislation recognizing digital assets as regulated financial services in the country.
According to the latest polls, the Labour Party is leading in the upcoming general election and plans to make the UK a tokenization hub, supporting the Bank of England's digital pound plan, but has not yet expressed its position on cryptocurrency legislation.
The first phase of the TAIKO token airdrop will end on July 5th
Taiko announced on the X platform that the first phase of the TAIKO token airdrop is now open. Eligible users can now claim 5% of the initial TAIKO supply, or about 50 million tokens. The claim period: June 5, 2024 to July 5, 2024.
July 5 (Friday)
OKX will delist FET/USDT perpetual contracts on July 5
According to official news from OKX, in accordance with Fetch.ai's official migration requirements, OKX will delist the FET/USDT perpetual contract from 16:00 to 17:00 Beijing time on July 5.
Binance opens ASI spot trading
Binance will support Fetch.ai (FET), Ocean Protocol (OCEAN), and SingularityNET (AGIX) tokens merged into ASI.
Binance will stop trading and delist all existing FET, OCEAN and AGIX spot trading pairs at 11:00 (ET) on July 1, 2024; and will open ASI/BNB, ASI/BTC, ASI/BRL, ASI/FDUSD, ASI/TRY, ASI/USDC, ASI/USDT spot trading at 16:00 (ET) on July 5, 2024.
July 7 (Sunday)
Taiko: "Trailblazers Trail 3" game event extended to July 7
Taiko, the Ethereum second-layer network based on zkRollup, said that the "Trailblazers Trail 3" game activity has been extended to two weeks. Users who play games on Taiko and conduct in-game on-chain activities before July 7 will receive the Bouncer Faction badge, which can also receive point bonuses.
Currently, the incentive activity includes 9 games: Looperlands, Crack&Stack, 0xAstra, 21BJ, EVM Warfare, Stupid Monkeys, Swords & Dungeons, Ultiverse, and Zypher Network.
ZK Technology Developer =nil; Foundation to launch Devnet “zkSharding MVP” on July 7
ZK technology developer =nil; Foundation announced on X that it will launch its first Devnet, zkSharding MVP, on EthCC on July 7.
In the meantime, interested parties can submit an application through the official link for a chance to join a selected group of developers who can test the Devnet first.
Specific time is not determined
Mt. Gox will begin Bitcoin, BCH repayments in early July 2024
According to Tree News, Mt. Gox will begin repaying Bitcoin and BCH in early July 2024.
Biden to attend Bitcoin roundtable in Washington in early July
According to Bitcoinmagazine, Biden will participate in a Bitcoin roundtable with key congressional officials in Washington, D.C. The proposed meeting, led by U.S. Congressman Ro Khanna, will discuss how to keep Bitcoin and blockchain innovation within the United States.
U.S. Congressman Ro Khanna will host a Bitcoin and Blockchain Roundtable in Washington, D.C. in early July, describing it as “the most important meeting between blockchain policymakers and innovation leaders to date.” The roundtable is expected to feature officials from the Biden administration, the House of Representatives, and the Senate, as well as American businessman Mark Cuban. The main goal of the meeting is to strategize on how to keep “Bitcoin and blockchain innovation in the United States.”
