Arrangement: Fairy, ChainCatcher
Key news:
Trump to interview Musk on Monday night
Bybit terminates services in France, all remaining open positions of users will be closed on August 13
OKX: Due to changes in the local regulatory environment, it will withdraw from the Nigerian market on August 16
The US Democratic Party launched the "Crypto for Harris" campaign to fight Trump and plans to hold a meeting this week
FTX customers have until 4:00 a.m. on August 17 to choose the Bahamas or U.S. option.
The US Consumer Price Index (CPI) will be released on Wednesday
Immutable: Immutable X Marketplace to be Closed on August 13
Monday, August 12
Trump to interview Musk on Monday night
According to Jinshi, former US President Trump said that he would have an interview with Tesla CEO Elon Musk on Monday night (local time).
Aleph Zero will be launched on the EVM mainnet on August 12
Layer1 privacy-enhanced blockchain Aleph Zero said it will launch the EVM mainnet on August 12.
dYdX community launches on-chain vote on whether to add Zerolend to dYdX Chain, deadline is August 12
The dYdX Foundation posted on social media that an on-chain vote on whether the dYdX community should add Zerolend to the dYdX Chain has begun, and the vote will end at 15:16 UTC on August 12, 2024.
The current number of votes is 46,707,390 DYDX, with 100% of the votes in favor of the proposal.
Tuesday, August 13
Binance will suspend Conflux (CFX) network token deposits and withdrawals on August 13 to support its network upgrade and hard fork
Binance plans to suspend the Conflux (CFX) network’s token deposit and withdrawal services at 13:30 on August 13, 2024, GMT+8, to support its network upgrade and hard fork. The project will perform this upgrade and hard fork at block height 247,480,000.
Immutable: Immutable X Marketplace to be Closed on August 13
As reported by NFT Plazas, Immutable recently announced that it will shut down its Immutable X marketplace on August 13 and cease operations entirely on September 27. The Immutable X marketplace was originally launched to demonstrate the capabilities of the Immutable SDK, and will now shift its focus to supporting third-party marketplaces rather than maintaining its own trading platform.
However, users of the Immutable marketplace do not need to take any additional steps with their assets; all NFTs and tokens are stored on the blockchain, tied to the user’s wallet address, and accessible across different marketplaces using the Immutable global order book.
Bybit terminates services in France, all remaining open positions of users will be closed on August 13
ByBit announced in a press release on August 1 that it will cease operations in France and restrict account functionality for French users.
ByBit said that from August 2, French users’ accounts will be restricted to a “closing only” configuration, preventing them from opening new positions or depositing new funds across its ByBit services and products.
From August 13, all open positions will be automatically liquidated and bank card services for French customers will be suspended. Customers can choose to withdraw the remaining funds in their ByBit accounts.
ByBit concluded the announcement by stating that it looks forward to returning to the French market in the future once it obtains the appropriate regulatory licenses required by French law.
FireNow Asia Web3.0 Institutional Summit will be held in Hong Kong on August 13
The first "FireNow" Asian Web3.0 Institutional Summit hosted by FireNow Technology Holdings Co., Ltd. (referred to as "FireNow Technology", stock code: 1611.HK) will officially open at the Ritz-Carlton Hotel in Hong Kong on August 13. The summit invites the world's top Web3 industry entrepreneurs, investors, experts and scholars to gather in Hong Kong to discuss the hottest topics and cutting-edge investment and technology trends in the current Web3 industry.
The conference focused on six hot topics, including exploring the "Hong Kong solution" for virtual asset spot ETFs, how to build a future-oriented Bitcoin ecosystem, investment strategies for the second half of the cycle, how crypto asset management can move towards traditional markets, virtual asset security and the compliance journey of virtual asset exchanges. It aims to provide an open and inclusive communication platform for Web3 builders in Asia and even the world.
The conference has invited industry leaders such as Professor Yang Wang, Vice-President (University Advancement) of the Hong Kong University of Science and Technology, Sailor Zhong, founder of ChainUp, BMAN, partner of ABCDE, Xiaoqi Weng, CEO of Hashkey Exchange, Justin Sun, founder of TRON, and Dr. Jianing Yu, President of Uweb, as well as representatives from many well-known institutions to attend the conference.
Wednesday, August 14
gm.ai: GM will be launched on August 14
gm.ai posted on social media that GM will be launched on August 14. The official list of CEX/DEX, Launchpads and partners will be gradually announced this week, and the airdrop for pre-sale participants will start about 24 hours before trading.
The US Consumer Price Index (CPI) will be released on Wednesday
Next Wednesday’s consumer price index (CPI) is expected to rise 0.2% from June, both in terms of headline figures and the so-called core measure excluding food and energy.
Marinade Finance will launch the pledge auction market delegation on August 14
Marinade, the liquidity staking protocol on Solana, released a roadmap update on X. Marinade Finance will launch delegation based on the staking auction market SAM on August 14, launch a reward report generator in the third quarter, and launch native instant unstaking, SAM-based accelerated delegation, and staking recommendations in the fourth quarter.
Scroll to deploy Darwin upgrade on Scroll Sepolia testnet on August 14
According to Scroll's official announcement, Ethereum Layer2 network Scroll will launch the highly anticipated Darwin upgrade on August 21, 2024. The upgrade aims to reduce Gas fees for multiple batches through a single aggregated proof, thereby reducing Gas fees by 34%. The Darwin upgrade bundles multiple batches of proofs into a single validity proof, reducing verification costs. This improvement will be achieved by introducing a new batch encoding format and bundling concept.
The specific timetable for this upgrade includes:
1. Deploy the upgrade on the Scroll Sepolia testnet on August 14.
2. Execute the contract upgrade on the Scroll mainnet on August 21.
The security of this upgrade has been audited by Trail of Bits.
Thursday, August 15
Optimism announced that Retro Funding 5 will be open for application on August 15th, and 8 million OP will be allocated.
Optimism announced that the fifth round of retroactive public goods fundraising (Retro Funding 5: OP Stack) will be open for application on August 15 and close on August 29. 8 million OP will be used to reward OP Stack contributors from October 2023 to August 2024. The review process for this round of applications will be conducted from August 30 to September 13, voting will be conducted from September 14 to September 28, and the results will be announced and the grant delivery date will be October 3.
Peter Mintzberg to be appointed Grayscale CEO effective August 15
Barry Silbert, CEO of DCG, the parent company of Genesis Global Capital, said on social media that he is pleased to welcome Peter Mintzberg as CEO of Grayscale, and the appointment will take effect on August 15. Peter joins from Goldman Sachs and has more than 20 years of experience in well-known asset management companies including BlackRock, OppenheimerFunds and Invesco.
Thank you to Michael Sonnenshein for leading the company to exponential growth during his 10 years and overseeing its key role in bringing a spot Bitcoin ETF to market, leading the way for the broader financial industry.
Earlier news, Grayscale appointed Peter Mintzberg as the new CEO.
Coinbase International will launch Degen, EOS and SATS perpetual futures contracts
According to the official announcement, Coinbase International Exchange and Coinbase Advanced will add support for Degen, EOS, and SATS perpetual futures contracts. The DEGEN-PERP, EOS-PERP, and 1000STATS-PERP markets will be open on or after 17:30 on August 15, 2024, Beijing time.
Friday, August 16
Arbitrum community launches vote to unlock token utility by enabling ARB staking, ends on August 16
According to the Snapshot governance page, Frisson, head of Tally's market operations, initiated a proposal vote in the Arbitrum community to "unlock token utility by enabling ARB staking", which will end on August 16.
The proposal proposes to unlock ARB utility by enabling ARB staking and improve the governance and security of the Arbitrum protocol, but will not enable the distribution of fees to token holders for the time being. Through ARB staking, token holders will be able to capture value by delegating tokens to users who actively participate in governance. The proposal will also implement a liquid staking ARB token (stARB) through the Tally protocol, which can automatically compound any future rewards, can be (re)staked, and is compatible with DeFi. In addition, the initiator of the proposal stated that it will work with the Arbitrum DAO to decide whether and how to fund the rewards and distribute the rewards between token holders and delegators.
OKX: Due to changes in the local regulatory environment, it will withdraw from the Nigerian market on August 16
Crypto exchange OKX revealed in an email sent to Nigerian customers on July 17 that it will withdraw from Nigeria and stop serving all Nigerian customers, Cointelegraph reported.
OKX said the main reason for ceasing services in the country was “recent changes in local laws and regulations” and set a deadline of August 16, 2024 for users to access the platform’s features. After the deadline, Nigerian users will only be able to access the platform to withdraw funds or close positions.
Solana Ecosystem Derivatives Platform Drift Protocol Will Close Airdrop Claim Window on August 16
Drift Protocol, a (DEX) derivatives platform in the Solana ecosystem, tweeted that the DRIFT airdrop claim is now live. Claims are open for 3 months and will close at 18:00 UTC on August 16, 2024. Official DRIFT contract address: DriFtupJYLTosbwoN8koMbEYSx54aFAVLddWsbksjwg7. The airdrop for all eligible users consists of two parts: initial allocation and reward allocation. The initial allocation will be available at the start of the event, and the reward allocation will be unlocked linearly within 6 hours.
Saturday, August 17
FTX customers have until 4:00 a.m. on August 17 to choose the Bahamas or U.S. option.
The liquidators for FTX Digital Markets Ltd. have initiated the next phase of the liquidation process. Customers of FTX.com will need to choose whether to participate in the official liquidation proceedings in the Bahamas (the “Bahamas Process”) or the Chapter 11 case in the United States (the “U.S. Process”) and must make their choice by 4:00 a.m. on August 17.
FTX Digital Markets’ liquidators will host Q&A sessions to help clients understand the selection process. The first Q&A session will be held on July 31 at 19:00 Beijing Time, and no pre-registration is required.
Specific time is not determined
The US Democratic Party launched the "Crypto for Harris" campaign to fight Trump and plans to hold a meeting this week
According to FOX Business, the U.S. Democratic Party launched the "Crypto for Harris" campaign and plans to hold a virtual town hall meeting this week. The lineup of speakers includes billionaire entrepreneur and cryptocurrency advocate Mark Cuban, SkyBridge Capital founder and Trump critic Anthony Scaramucci, and a few Democratic members of the House of Representatives. The meeting is open to the public to discuss ways to support Harris' campaign and raise funds.
The "Crypto for Harris" campaign aims to attract 40 million American voters who own digital assets and show the Democratic Party's position on promoting the blockchain and cryptocurrency industry. The Republican Party's influence among cryptocurrency voters is rising, and Trump once promised to reduce regulations and set up a Bitcoin reserve at the Bitcoin Conference. However, Harris' campaign team recently introduced former Binance and Ripple consultants, showing its emphasis on the cryptocurrency industry.
