Arrangement: Fairy, ChainCatcher

 

Key news:

  • Trump and Harris to debate on September 10

  • OKX will delist DMAIL, JPG, LITH, STC, and REVV spot trading on September 13

  • Dunamu will shut down the metaverse platform Second Block on September 9

  • GammaSwap will open GS airdrop claims on September 9

  • U.S. House Financial Services Committee to hold cryptocurrency hearing on September 10

  • US August CPI data will be released on September 11

  • Fractal Bitcoin mainnet is scheduled to go live on September 9

Monday, September 9

Upbit will suspend ENJ deposits and withdrawals on September 9 to support Enjin Coin (ENJ) network upgrade

South Korean cryptocurrency exchange Upbit announced that in order to support the network upgrade of Enjin Coin (ENJ), it will temporarily suspend ENJ deposit and withdrawal services. The specific arrangements are as follows: Suspension time: from 19:00 KST on September 9, 2024 (Monday) until the stability of the network upgrade is confirmed.

Modular zkEVM Layer2 network Prom will launch testnet V2 on September 9

The modular zkEVM Layer2 network Prom announced that its testnet V2 will be launched at 18:00 on September 9. V2 will have the same logic and mechanism as V1, and users can continue to complete the task list to increase points.

Tidal and Quantify Chaos Advisors jointly apply for a Bitcoin and gold hybrid ETF to launch on September 9

A proposed ETF filed its prospectus on Thursday, aiming to allow traders and investors to invest in both Bitcoin and gold without having to buy either asset, The Block reported. The STKD Bitcoin & Gold ETF, launched by Tidal Investments and Quantify Chaos Advisors, aims to provide exposure to both Bitcoin and gold through Bitcoin futures and ETFs, as well as gold futures and ETFs.

According to the prospectus, by mixing low-correlated assets, the fund aims to reduce the impact of short-term market fluctuations on overall investment results, potentially providing more stable investment returns. The ETF will use leverage and will not invest directly in Bitcoin or other digital assets, nor will it invest directly in gold or gold bars. The document specifies the effective date of the ETF as September 9, 2024, but does not include a stock symbol or any related fees.

Dunamu will shut down the metaverse platform Second Block on September 9

Dunamu will shut down the metaverse platform Second Block on September 9. The platform was originally designed to respond to the non-face-to-face service market under the epidemic, but as the epidemic ended, the project failed to succeed.

Second Block was launched in November 2021, and the CEO of Dunamu’s press conference was also held on the platform in the same year. Since then, Upbit has also held an AMA (Ask Me Anything) event for the virtual asset project Mask Network on Second Block. Second Block, which has invested a lot of resources internally, has not achieved significant results and will be closed three years after its launch.

A Dunamu official explained: “After the pandemic, as people return to their daily lives that are mainly face-to-face, the demand for non-face-to-face services will naturally decrease. In order to reflect the changes in customer demand and respond flexibly to this change, we decided to close Second Block.”

GammaSwap will open airdrop GS claims on September 9, with the total allocation increased to 48 million

Arbitrum Ecosystem DeFi structured product GammaSwap released the GS airdrop plan on X, with the total allocation increased from the initial 32 million (2% of the total supply) to 48 million (3% of the total supply). It will be open for claiming from Monday, September 9, without vesting, and will be distributed in batches over the 8 weeks from September 9 to November 4. Users can claim GS airdrops weekly, or claim all airdrops at the end of 8 weeks.

Currently, nearly 1,200 wallets have interacted with the GammaSwap Beta mainnet and obtained airdrop qualifications. The airdrop is evenly distributed using a curve, with a minimum allocation of 3,000 tokens and an average allocation of about 42,000 tokens for all wallets.

In addition, this plan will allocate 0.2% of the token supply as airdrops to pufETH holders, and 0.8% for liquidity mining.

Notion will stop providing services to Russian users starting September 9

Notion announced that the US government has implemented new restrictions and will stop providing services to Russian users from September 9, 2024. Users in Russia will not be able to access the platform, and workspaces associated with Russian bills will be terminated. Users can still access it before September 8, after which they will not be able to use the service.

Fractal Bitcoin: Mainnet is scheduled to be launched on September 9, 80% of tokens will be allocated to the community

Fractal Bitcoin announces mainnet launch plan and token economics on X platform.

in:

  • The mainnet is scheduled to go live on September 9;

  • 80% of all tokens are allocated to the community, and 20% of tokens with a lock-up period are allocated to the team and contributors;

  • BRC-20 on Fractal will be activated at block height 21,000 on the Fractal mainnet;

  • PizzaSwap on Fractal (formerly known as Fractal Swap) will launch on testnet this week;

  • Once PizzaSwap goes live, officials will begin testing an embedded mini-asset bridge, allowing users to transfer BTC and other assets between Bitcoin and Fractal.

Ethena Season 2 airdrop event officially ends, open for inquiry on September 9

Ethena officially announced that the second season of airdrops has officially ended. This season, 5% of the total supply of ENA will be distributed. Users will be able to view their airdrop shares on September 9 and claim tokens from September 30. At the same time, Ethena will launch the third season of airdrops, which will last until March 23, 2025.

TON Status: The penalty system for poorly performing validators will be fully operational on September 9 and will become more stringent in the future

TON Status announced that the current penalty system for poorly performing validators will be fully operational next Monday, September 9. TON provides a light client tool, in which there is a checkloadall command. This command analyzes how many blocks a validator should process in a given time period and how many blocks are actually processed. If a validator processes less than 90% of the expected number of blocks in a verification round, it is considered to be poorly performing and should be punished. After each verification round ends (about 18 hours), the staked coins of the validators participating in that round will remain in the Elector smart contract for about another 9 hours. During this period, anyone can file a complaint against a validator who performed poorly in that round. This will be done on the Elector smart contract chain. Not all validators need to send complaints.

Tuesday, September 10

Trump and Harris to debate on September 10

US presidential election candidates Trump and Harris have agreed to a debate on September 10, hosted by ABC.

Binance will launch DOGS coin-based perpetual contracts on September 10

According to the official announcement, Binance will launch the DOGS/USD coin-based perpetual contract on the Binance Contract platform at 18:00 (Beijing time) on September 10, 2024, with a maximum leverage of 20 times.

Synthetic asset platform Kresko will shut down the project, and users must complete asset withdrawal and migration before September 10

Synthetic asset platform Kresko announced that it will shut down the project.

Kresko announced that the project founder has been facing serious health problems, which have recently worsened. After careful consideration and exploring various alternatives, the team concluded that shutting down the project was the best course of action.

The announcement reminds users to complete asset withdrawal and migration before September 10.

According to previous news, on November 8, 2023, Kresko completed a strategic financing of US$1.8 million, led by Electric Capital and Zero Age Ventures. On October 6, 2021, Kresko completed a seed round of financing of US$2.35 million, led by Electric Capital and Polychain.

U.S. House Financial Services Committee to hold cryptocurrency hearing on September 10

The U.S. House Financial Services Committee plans to hold several hearings in September, focusing on cryptocurrency-related issues, including decentralized finance (DeFi), regulation by the U.S. Securities and Exchange Commission (SEC), and the impact of the "pig killing" scam.

The first hearing on September 10 will focus on DeFi, a hearing on SEC enforcement and the "pig killing" scam will be held on September 18, and the full committee hearing on September 23 will involve testimony from the SEC and is expected to focus on the regulation of digital assets. Committee Chairman Patrick McHenry is retiring and has expressed his hope to complete a cryptocurrency legislation by the end of the year.

Wednesday, September 11

US August CPI data released

The U.S. Department of Labor will release the August CPI data at 20:30 on September 11, which will be the last inflation report before the Federal Reserve’s September decision.

Thursday, September 12

Gitcoin and Octant quadratic funding begins

According to official news, Gitcoin announced that it will cooperate with Octant to launch a secondary financing (QF) round to support community-driven projects.

It is reported that this round will have a matching pool of up to 10 ETH, and the funds will be allocated based on community voting. Applications are open and the deadline is 7:59 on September 11, and the donation period is from September 12 to September 26.

Binance to Perform Horizen (ZEN) Network Upgrade on September 12

Binance is expected to suspend Horizen (ZEN) network token deposits and withdrawals at 15:00 on September 12 to support its network upgrade. The project will upgrade the network at block height 1,627,572 (estimated at 16:00 on September 12).

TON Ecosystem The Open League Season 6 will officially start on September 12

The Open League posted on the official Telegram channel that “Season 6 of The Open League will begin on September 12. Some major changes will be launched next week to improve the user experience. The community can look forward to new events built around airdrops, loyalty and activities will reward you! Normies and Degens are invited to come to the feast. Applications, DeFi protocols and NFTs will no longer compete, but cooperate to bring everyone closer to the mission of bringing cryptocurrency to more people. Prizes will be awarded to the best performers.”

Seedify plans to conduct the NOTAI project IDO on September 12, with an initial market value of approximately US$884,700

Blockchain incubation platform Seedify announced NOTAI as its next IDO project. The total supply of NOTAI tokens (BEP-20) is 100 billion, with an initial market value of approximately $884,700.
The IDO public round will take place on September 12-13, 2024, with a token price of $0.00009 and an allocation of $450,000.

Friday, September 13

OKX will delist DMAIL, JPG, LITH, STC, and REVV spot trading

According to the official announcement, OKX will delist DMAIL, JPG, LITH, STC, and REVV spot trading.

The platform will officially delist the following trading pairs from 16:00 to 16:30 (UTC+8) on September 13: DMAIL/USDT, JPG/USDT, LITH/USDT, LITH/USDC, STC/USDT and REVV/USDT. The top-up service of the above tokens has been suspended at 16:00 (UTC+8) on September 5. The withdrawal service will continue until 16:00 (UTC+8) on December 13.

X Platform's New York headquarters will close on September 13 and is expected to move to Texas

According to Fortune magazine, social media platform "X" said in a brief note to employees on Thursday that its long-standing office and global headquarters in San Francisco will close in two weeks on Friday, September 13.

Twitter took over the 1 million square foot building in 2012, and Musk laid off thousands of employees, auctioned off much of the furniture and removed the large Twitter logo from the building's exterior shortly after becoming its owner two years ago. Several floors of the building have been effectively closed since then.

The company has not shared any news with employees since early August, when CEO Linda Yaccarino said in an email that the San Francisco office would be closed. Employees in San Francisco will be transferred to offices in San Jose or Palo Alto. X's headquarters is expected to move to Texas, where other Musk companies such as Tesla, SpaceX and Boring Co. are headquartered.

September 15 (Sunday)

Thai digital wallet registration will be open from August 1 to September 15

According to Jinshi, market sources said that Thailand's digital wallet registration will be open from August 1 to September 15. Thailand's Deputy Minister of Finance said that digital cash consumption will begin in the fourth quarter, and the digital wallet plan is expected to attract 45 million participants. The government has prepared 450 billion baht in funds.

Enso Finance’s TGE is expected to take place around September 15

CoinList announced that the public sale of Enso Finance tokens has started at 01:00 (UTC +8) on August 1, 2024 and will end at 01:00 (UTC +8) on August 8. The auction allocates 5 million ENSO tokens, accounting for 5% of the total supply. The starting price is $8 and the reserve price is $1.5. The token generation event (TGE) is expected to take place around September 15, 2024. EnsoFinance is the world's first intent engine that allows developers and users to express desired outcomes to build truly composable applications.