Highlights for next week:
Polygon zkEVM mainnet beta has completed the Dragon Fruit upgrade and is expected to be launched on the mainnet on September 11;
TOKEN 2049 will be held in Singapore on September 13-14, 2023;
The U.S. Trustee opposes FTX’s plan to sell, pledge and hedge more than $3 billion in crypto positions, and a hearing next week may affect market trends;
dYdX will launch Testnet 3 on September 13th, and Testnet 2 will be closed on September 11th;
The Ethereum Holesky public testnet genesis file has been generated and will be officially launched on September 15;
BAYC: A bug was found during the final test of HV-MTL Rift, and the opening will be postponed to next week;
From September 11th to September 17th, all the more noteworthy events in the industry are as follows:
September 11
CME and CF Benchmarks to Launch Asia Pacific Reference Rates for Bitcoin and Ethereum on September 11
Odaily Planet Daily News CME Group and cryptocurrency benchmark index provider CF Benchmarks plan to launch two new Asia-Pacific-specific reference rates. On September 11, the CME CF Bitcoin Asia-Pacific Reference Rate (BRRAP) and the CME CF Ethereum USD Asia-Pacific Reference Rate (ETHUSD_AP) will be launched to provide daily reference rates for the US dollar prices of Bitcoin and Ethereum respectively.
Giovanni Viciioso, CME’s global head of cryptocurrency products, said, “These new reference rates are designed to meet the evolving needs of global participants in the growing digital asset space. 37% of CME Group’s total cryptocurrency trading volume is conducted in non-U.S. markets, with 11% of trading coming from the Asia-Pacific region.” (PRNewswire)
Web3 Ventures Completes Private Placement, to be Listed on Canadian Stock Exchange on September 11
Odaily Planet Daily News: Web3 Ventures, which focuses on strategic investments in blockchain solutions and decentralized applications, announced that it has obtained final approval to be listed on the Canadian Stock Exchange (CSE) with the stock code "WEBV" and will open on September 11.
Separately, the Company has issued 669,691 units at a price of $0.10 per unit on September 7 for gross proceeds of $66,969. Each unit consists of one Subordinate Voting Share (SVS) of the Company and one SVS purchase warrant. Each SVS warrant entitles the holder thereof to purchase one additional SVS at an exercise price of $0.20 per SVS for a period of 24 months from the date of issuance. All securities issued in connection with this offering will be subject to a four-month hold period in accordance with applicable securities laws.
The Company intends to use the net proceeds from this offering for: general working capital purposes, completing the listing of its SVS on the CSE, and deployment into new and existing Web3-related applications and companies. (Globe Newswire)
BlockFi launches voting period for Chapter 11 bankruptcy plan, eligible creditors can vote before September 11
Odaily Planet Daily News BlockFi tweeted that the solicitation period for BlockFi’s Chapter 11 bankruptcy plan has now begun. During this period, all eligible creditors will have the opportunity to vote on its plan.
BlockF believes that this plan is the fastest way for customers to obtain maximum compensation and encourages all eligible creditors to vote in favor of the plan. Eligible creditors can vote on the plan through the Kroll website before 16:00 EST on September 11.
Stephen Chow's company Gaosheng will disclose its partnership with Xinhuo Group on September 11
Odaily Planet Daily News: Stephen Chow reposted the conference poster of TimeStamp Summit on Instagram, and wrote: Looking forward to it.
It is reported that after Stephen Chow announced in October 2022 that he was looking for Web3 talents, Gaosheng, a subsidiary of his film group Bigo Group, signed a technical consulting agreement with Xinhuo Asset Management, a subsidiary of Xinhuo Technology (SINOHOPE), one of the organizers of the TimeStamp Summit, in July 2023. Gaosheng will establish a foundation and Xinhuo Asset Management will serve as an investment manager. The two parties will disclose the latest cooperation news at the TimeStamp conference on September 11.
In addition, Stephen Chow also stated in August 2023 that he was researching Web3+AI.
Aptos to hold hackathon in Singapore from September 11
Odaily Planet Daily News Aptos Foundation will host a large-scale global Aptos hackathon in Singapore from September 11th to 13th! Participants will code, design, network and demonstrate their innovative ideas with the best Web3 builder community. The competition sections are divided into four categories: NFT, social and games; DeFi and payments; infrastructure, tools and public products; the most innovative Move project.
Polygon zkEVM mainnet beta has completed the Dragon Fruit upgrade and is expected to be launched on the mainnet on September 11
Odaily Planet Daily News Polygon posted on the X platform that the Polygon zkEVM mainnet beta has completed its first Dragon Fruit upgrade. The Dragon Fruit upgrade includes the latest EVM opcode PUSH 0, making Polygon zkEVM compatible with Solidity v 0.8.21. The Dragon Fruit upgrade requires upgrading the Polygon.zkEVM.sol consensus contract. Starting today, a 10-day time lock has been triggered.
This version is expected to be launched on the mainnet on September 11, and developers can check and test the upgrade on the testnet starting today.
REI Network: REI DAO hard fork upgrade is expected on September 11, including three updates such as optimizing on-chain governance
Odaily Planet Daily News: The lightweight EVM-compatible chain REI Network announced on Twitter that it will carry out a hard fork upgrade of REI DAO at block height 15084585. The upgrade is expected to occur at 10:00 on September 11, Beijing time.
BulletChain completes $2 million in private round of financing and will start closed beta on September 11
Odaily Planet Daily News: BulletChain, a blockchain game, announced that it has completed a $2 million private round of financing. The specific investors have not been disclosed, and the new funds will be used to expand operations. In addition, BulletChain will launch a Beta test from September 11 to 18, and players can apply for internal testing through the application form.
September 12
CyberPictures X Odaily "Inception-The future of Web3Entertainment" offline event will be held in Singapore on September 12
Odaily Planet Daily News: On September 12, CyberPictures, a high-quality RWA asset issuance platform focusing on the entertainment industry, and Odaily Planet Daily will jointly hold an offline event "Inception - The future of Web3Entertainment" in Singapore.
CyberPictures’ first film RWA project Omeebo was announced, a new film and television IP created by a Hollywood-level visual effects + screenwriter team; it invited big names in the film and television + Web3 fields to find the incremental market of "Web2+Web3" and jointly discuss hot topics such as the future prospects and commercial value of the combination of Web3Entertainment.
U.S. SEC Chairman Gary Gensler will attend two congressional hearings on September 12 and 27
Odaily Planet Daily reported that Fox Business News reporter Eleanor Terrett posted on X that U.S. SEC Chairman Gary Gensler will attend two congressional hearings in September this year, namely a hearing of the U.S. Senate Banking Committee on September 12, local time, and a hearing of the House Financial Services Committee on September 27.
Canaan Creative to hold 10th anniversary celebration and launch new products in Singapore on September 12
Odaily Planet Daily News: According to official news, Canaan Creative will hold its 10th anniversary celebration in Singapore on September 12 and release new products.
September 13
TOKEN 2049 will be held in Singapore on September 13-14, 2023
Odaily Planet Daily News TOKEN 2049 will be held at Marina Bay Sands in Singapore from September 13 to 14, 2023.
The U.S. trustee opposes FTX's plan to sell, pledge and hedge more than $3 billion in crypto holdings. Next week's hearing may affect market trends
Odaily Planet Daily News FTX submitted a motion in August to sell, pledge and hedge more than $3 billion in crypto asset holdings. According to Unchained Crypto, a hearing on FTX's proposed plan is scheduled for September 13. In a court document filed on September 7, the U.S. Trustee opposed FTX's proposed plan.
Crypto analyst The DeFi Investor posted on the X platform that the market may face huge selling pressure next week, and FTX's proposed plan may be approved at the hearing on September 13. As of April, the FTX exchange held $3.4 billion worth of cryptocurrencies. According to the proposed plan, FTX will sell up to $200 million worth of cryptocurrencies per week. (Hankyung)
Cosmos Hub will upgrade to V1.2 on September 13, and will enable the liquidity staking module
Odaily Planet Daily News According to official news, Cosmos Hub Community Proposal No. 821 has been approved. Cosmos Hub will upgrade to Gaia V1 2 at block height 16985500, which is expected to be at 20:06 on September 13, Beijing time.
The V1 2 upgrade will enable the Liquid Staking Module (LSM), which is designed to replace the existing staking, allocation, and penalty modules to improve network liquidity. During the V1 2 upgrade, the network is expected to be down for a short period of time, and transactions and transfers may be delayed.
dYdX will launch Testnet 3 on September 13th, and Testnet 2 will be closed on September 11th
Odaily Planet Daily reported that according to official news, dYdX will close Testnet 2 at 23:00 on September 11, and launch Testnet 3 on September 13. This is the last planned network reset, and all future updates of the testnet will be carried out on the chain.
Updates to Testnet 3 include: conditional orders, MEV nodes, Delay-msg module, V4 support market, support for using governance tokens to pay gas fees, etc.
Synthetix will extend the OP incentive program for perpetual contract trading for five weeks starting September 13
Odaily Planet Daily News: Synthetix Treasury Council announced that starting from September 13, it will extend the OP incentive plan for perpetual contract transactions for five weeks, distributing 100,000 OPs per week, for a total of 500,000 OPs.
Astar Network will launch Astar 2.0 on September 13
Odaily Planet Daily News: Astar Network released a video trailer on Twitter, announcing that Astar 2.0 will be launched on September 13.
L1 Enjin Blockchain developed by NFT protocol Enjin will be launched on September 13
Odaily Planet Daily News: NFT protocol Enjin announced that its developed Enjin Blockchain will be launched at 19:00 on September 13, 2023 (UTC+ 8).
Enjin Blockchain is designed for NFTs and other digital assets at the protocol level, aiming to allow people to create and distribute NFTs more easily and at a lower cost.
Enjin token ENJ will be migrated from ERC-20 to the Substrate-based Enjin Blockchain at a 1:1 ratio, and Efinity token EFI will be exchanged for ENJ at a 4:1 ratio.
September 14
The U.S. House of Representatives committee will hold a hearing on September 14 to discuss the digital dollar again
Odaily Planet Daily News: According to a statement, the U.S. House Financial Services Subcommittee on Digital Assets, Financial Technology, and Inclusion will hold a "Digital Dollar Dilemma" hearing on September 14 to discuss the issuance of CBDC and the impact of "private sector alternatives."
In about two weeks, U.S. SEC Gary Gensler will testify before the full committee. The hearing will be the first time in several months that a House committee has discussed issues related to the launch of a digital dollar in the United States. The U.S. Congress previously adjourned in August.
Some US lawmakers have proposed different ways to address CBDC-related issues, including limiting the Federal Reserve's power to issue digital dollars; several US states, including Florida, have also passed bills prohibiting CBDC as a payment option. (Cointelegraph)
Crypto exchange Txbit will be closed on September 14, and all users need to withdraw funds in time
Odaily Planet Daily News Cryptocurrency exchange Txbit announced that it will be closed on September 14, 2023. All customers should withdraw funds before 20:00 Beijing time on September 14, 2023. Any funds remaining after September 14, 2023 will not be recoverable. On August 14, it will be offline for about an hour. During this period, all open orders will be canceled. At the same time, the trading function will be closed. After this process is completed, it will return to the online status and resume withdrawal services.
The announcement shows that the remaining uncirculated supply of Txbit tokens will be destroyed in the next few days. A total of 1,510,406,151.2992582 Txbit tokens (= 95.6559% of the total supply) will be destroyed. Txbit tokens will still be tradable on Pancakeswap in the future.
Open Campus ID will open the first phase of whitelisting to EDU and Genesis NFT holders on September 14
Odaily Planet Daily News: According to official news, Open Campus ID will open the first phase whitelist to EDU and Genesis NFT holders at 18:00 Beijing time on September 14, with a total of 1,000.
Open Campus ID is an SBT that provides access to educational content provided by Open Campus and has all information related to OC ID. Open Campus ID has the suffix .edu, and the domain name can be selected by the user to represent their on-chain educational identity.
September 15
The Palau government will stop issuing stablecoins PSC in September and stop using them after September 15
Odaily Planet Daily News: Jay Hunter, member of the Palau Ministry of Finance and head of the digital residence project, announced on the X platform that the Palau government will stop distributing Palau Stablecoin (PSC) on September 8. Hunter said that Palau Stablecoin will be permanently frozen after September 15, and users will need to consume their funds in advance. Hunter pointed out: "After September 15, you will no longer be able to use PSC. This will give us time to process retailer redemptions before the pilot officially ends at the end of the month."
Hunter did not mention the exact reason for freezing the stablecoin, but only pointed out that the Palau government will send a survey to pilot participants next week. It is reported that the Palau government opened the stablecoin PSC pilot in August. (Cointelegraph)
Google will update its advertising policy starting September 15 to allow NFT game ads
Odaily Planet Daily News: Google has updated its advertising policy and will allow NFT game advertisements to be placed as long as their advertisements do not involve gambling or gambling promotion business. This policy will take effect on September 15. (Cointelegraph)
Ethereum Holesky public testnet genesis file has been generated and will be officially launched on September 15
Odaily Planet Daily reported that Ethereum Foundation engineer Barnabas Busa posted on the X platform (formerly Twitter) that the Holesky public testnet genesis file has been generated recently and merged into the main branch of the Ethereum client Holesky GitHub library.
The Holesky public testnet is expected to be launched at 22:00 on September 15, 2023, Beijing time, and will have 1,460,000 validator nodes, making it the largest public network to date. The Ethereum Foundation will allocate more than 2 billion hETH in the Holesky public testnet genesis phase.
September 16th
BitPay to pay $1 million to NYDFS, to submit action plan by September 16
Odaily Planet Daily News: An investigation found that BitPay's cybersecurity and anti-money laundering programs did not comply with the regulations of the New York State Department of Financial Services. BitPay and the New York State Department of Financial Services (NYSDFS) reached a settlement on March 16, reaching an underreporting settlement agreement after the regulator said the company failed to ensure compliance with anti-money laundering laws and cybersecurity regulations.
BitPay agreed to a $1 million fine. As part of the settlement, BitPay is required to submit an action plan to the NYSDFS by September 16 of this year. (Blockworks)
September 17
None
Others (specific time not confirmed)
BAYC: A bug was found during the final test of HV-MTL Rift, and the launch will be postponed to next week
Odaily Planet Daily News BAYC posted on the X platform that during the final test, the team found some bugs that prevented the HV-MTL Rift from opening on September 7. Therefore, The Rift will be opened sometime next week to ensure that everyone can get a smooth experience, and an updated and confirmed release date will be shared next Monday.
NounsDAO will split its finances within a week, and “angry exit” investors will receive their corresponding shares of ETH
Odaily Planet Daily News: Because investors holding 25% of Nouns NFT began to "angry exit", the Web3 community NounsDAO will carry out financial division within a week.
According to the community's newly enacted "angry quit" rules, if investors holding 20% of Nouns NFTs request a "fork", they can separate from the main group and take the corresponding share of the project's 30,620 ETH (worth about $50 million). As of press time, a total of 214 Nouns NFTs have joined the fork, and the fork treasury has a share of 7,598 ETH (about $12.4 million).
Last month, NounsDAO approved a broad upgrade called V3 that would provide disgruntled investors with an exit method via a fork. (CoinDesk)
Telegram Bot Project Banana Gun Completes Presale, Will Issue Tokens Early Next Week
Odaily Planet Daily News According to official news, the Telegram Bot project Banana Gun announced that it has completed pre-sale and the tokens will be issued early next week.
It is reported that the Telegram Bot project Banana Gun has started pre-sale at 1 am today. The upper limit of pre-sale fundraising is 800 ETH, and the upper limit of participation for a single wallet address is 1 ETH, with a total of 4 rounds.
