Next week's highlights:
Nostr Assets announces Fair Mint details, first phase to begin on December 11;
Polygon: will publicly demonstrate the next generation of ZK products on December 14;
Portal will start presale on December 14th;
The Montenegrin Ministry of Justice will determine Do Kwon’s final deportation plan by December 15;
Binance will stop supporting BUSD products on December 15;
CoinList: BitsCrunch token sale starts on December 15;
Paradigm researchers: have collaborated with Blast to design a new timelocked upgrade system, which will be launched next week;
UniSat is expected to support the Atomicals protocol next week.
From December 11th to December 17th, more key events in the industry worth paying attention to are previewed as follows.
December 11
Chainlink will open general access to staking V0.2 on December 11
Odaily Planet Daily News Chainlink announced that staking V 0.2 will be launched this year, with the specific schedule as follows: priority migration - 12:00 noon EST on November 28, 2023; early access - 12:00 noon EST on December 7, 2023; general access - 12:00 noon EST on December 11, 2023.
Cosmos Ecosystem Eclipse Fi announces ECLIP token economics and will open IDO whitelist application next Monday
Odaily Planet Daily News Cosmos Ecosystem Modular Token Issuance Platform Eclipse Fi announced the ECLIP token economics on the X platform. The content is as follows:
Total supply: 300,000,000 ECLIP;
Initial circulating supply: 20,550,000 ECLIP;
IDO price: $0.075 / FDV: $22, 500, 000;
Launch chain: Neutron (ECLIP will also be wrapped on Arbitrum and Ethereum).
In addition, the IDO whitelist application process will open next Monday.
Gas Hero community beta will end on December 11th
Odaily Planet Daily News: Gas Hero, a new game developed by the STEPN development team Find Satoshi Lab, will end its community testing on December 11, after which it will provide NFT props incentives to the top 100 players during the testing period (November 27-December 11).
Nostr Assets announces Fair Mint details, first phase to begin on December 11
Odaily Planet Daily News Nostr Assets Protocol announced the Fair Mint details. The total number of NOSTR tokens is 21,000,000. The Fair Mint activity will allocate 18,900,000 tokens. The first phase will start on December 11, and the subsequent phases will be announced separately. In addition, Nostr Assets Protocol stated that it will airdrop to ORDI holders, and the snapshot will be completed at 05:00 on December 5 (UTC+8).
NFTFi platform Nai will launch free mint of NFT Bull on December 11
Odaily Planet Daily News: NFTFi platform Nai will launch the platform NFT Bull free mint event at 16:00 UTC on December 11. The total number of Bulls is 1,500, and the mint event will last for 3 hours. Users need to hold a whitelist to participate. The whitelist distribution will end on December 10. Currently, users can leave a message on the official Twitter to participate in the whitelist lottery.
December 12th
South African regulator received 128 crypto license applications, plans to review 36 of them on December 12
Odaily Planet Daily News: The South African regulator, the Financial Sector Conduct Authority (FSCA), said that as of November 30, 2023 (the application deadline), it had received 128 applications for crypto asset service provider licenses. The FSCA plans to review the statements of 36 licensees at the Licensing Executive Committee meeting on December 12. Another 22 applications will be submitted on February 13. The last 14 applications must wait until March 12. The Authority did not specify the fate of all the remaining applications, explaining its evaluation approach as a comprehensive assessment of "know your customer" onboarding, data protection, cyber risk management, conflict of interest management, complaint handling, and credit counterparty risk management.
It was previously reported that South Africa will require cryptocurrency exchanges to obtain licenses by the end of the year, which means that the FSCA may issue licenses to some cryptocurrency companies this month. (Cointelegraph)
Multi-chain DEX ApeBond: Will complete token migration and start ABOND distribution on December 12
Odaily Planet Daily News: Multichain DEX ApeBond (formerly ApeSwap) posted on the X platform that it will end token migration and start ABOND distribution in 10 days, when all work and utility will be transferred to the new token. If the migration fails before 20:00 on December 12, it will result in capital loss. Please migrate as soon as possible.
Scopechat will be released in beta on December 12
Odaily Planet Daily News: According to the official announcement, Scopechat will release a beta version on December 12, and the top 50,000 waiting list users in Scopepoints will gain access.
December 13th
OKX Jumpstart launches Fusionist (ACE) and will start ACE new coin mining on December 13
Odaily Planet Daily News: According to the official announcement, OKX Jumpstart launched a new project Fusionist (ACE).
OKX Jumpstart mining will start at 14:00 on December 13, 2023. Both BTC and OKB holders can obtain ACE token rewards by staking BTC and OKB.
This OKX Jumpstart is only open to East Asian countries, excluding mainland China, Hong Kong, Macau, Mongolia, North Korea and Japan, and KYC verification must be completed.
Core Scientific unveils latest bankruptcy plan, shareholders have until December 13 to vote
Odaily Planet Daily News Bitcoin mining company Core Scientific recently released a report outlining its plan to exit bankruptcy proceedings in early January 2024. The report is based on the third revised joint bankruptcy plan filed on November 16 and includes audio comments from CEO Adam Sullivan.
Under the plan, common stockholders and holders of two convertible notes will receive compensation separately. Common stockholders will receive new shares at a 25:1 exchange ratio. Holders of the April (2025) notes will receive $1.628 per $1 par value, and holders of the August notes will receive $1.201 per $1 par value. The funds will be disbursed on January 3, 2024.
If an agreement is reached with major shareholders, Core Scientific would exit bankruptcy on January 5, 2024, with an estimated net debt of $709 million, an equity value of $791 million, and only $46 million of debt due by 2025.
Shareholders can vote on the plan until Dec. 13, and the Bankruptcy Court for the Southern District of Texas will make a decision on Dec. 22. If approved, the plan would take effect on Jan. 5, 2024.
Core Scientific operates seven mining farms in five states in the United States, with a total operating capacity of 724 MW. Core Scientific plans to add 372 MW of capacity by fiscal 2027, and expects its revenue to reach $583 million in 2024 and grow to $968 million in 2027. (Cointelegraph)
December 14th
South Korea's Gyeonggi Province will implement regulations on December 14 to force senior public officials to declare virtual assets
Odaily Planet Daily News: Gyeonggi Province in South Korea announced today that it has completed the revision of the "Gyeonggi Province Public Officials Code of Conduct Rules", requiring public officials at or above level 4 in Gyeonggi Province to report their holdings of virtual assets such as Bitcoin before September 1, verify the relevance to their positions when necessary, and take preventive measures based on the information at hand to prevent them from seeking personal gain in the course of their duties.
It is reported that the Public Officials Ethics Law, which requires senior public officials to declare virtual assets, will be implemented on December 14. (News 1)
Polygon: Will publicly demonstrate the next generation of ZK products on December 14
Odaily Planet Daily News Polygon co-founder Sandeep Nailwal disclosed some important milestones of Polygon in the next month on the X platform:
On December 7, Polygon will hold an offline event Polygon Connect in India;
On December 14, Polygon will publicly demonstrate the next generation of ZK products. Sandeep said this may become an important milestone for the entire Ethereum ecosystem.
On December 20, Polygon will launch new products around RWA and institutional adoption.
Portal will start presale on December 14th
Odaily Planet Daily News: Web3 cross-chain gaming ecosystem Portal officially announced that it will launch presale on December 14, and more details on participation, pricing and processes will be announced soon.
Connext to launch Bacco network upgrade on December 14
Odaily Planet Daily News Layer 2 interoperability protocol Connext announced that it will carry out a network upgrade Bacco on December 14. Connext said that Bacco significantly reduces the operating costs of the network and enables Connext to quickly expand to new chains and Layer 2. Bacco changes the way messages are passed between chains. Messages are transmitted between chains through the Connext Sequencer (subject to fault proof windows and observer disputes) instead of through other Rollup sequencers.
December 15th
Montenegro's Ministry of Justice will determine Do Kwon's final deportation plan by December 15
Odaily Planet Daily reported that Terraform Labs co-founder Do Kwon has appealed the extradition decision of the High Court in Podgorica, the capital of Montenegro, and demanded that the Montenegrin Court of Appeal must review the decision.
Since the Montenegrin court made the decision to detain and extradite Do Kwon on June 15, the Montenegrin Ministry of Justice is expected to determine the country to which Do Kwon will be sent by December 15. (Digital Asset)
Binance will stop supporting BUSD products on December 15
Odaily Planet Daily News According to the official announcement, since Paxos has stopped minting new BUSD, Binance will stop supporting BUSD products on December 15, 2023. User assets are safe, and BUSD will always be anchored by the US dollar at a 1:1 ratio. Paxos stated that it will continue to support BUSD and continue to open BUSD exchange channels until at least February 2024.
Binance reminds users to withdraw their BUSD or convert their BUSD assets to other assets supported by the Binance platform before December 15, 2023. Users can trade their BUSD assets for FDUSD with zero fees on the Binance spot market, or convert their BUSD assets to FDUSD at a 1:1 ratio on the flash exchange platform.
CoinList: BitsCrunch token sale starts on December 15th, registration is now open, token price is 0.055 USDT
Odaily Planet Daily News CoinList officially announced that it will start the BitsCrunch (BCUT) token sale at 1:00 a.m. on December 15 (Beijing time), and registration is now open. BitsCrunch is a decentralized, AI-enhanced data network that provides analysis and forensic data on NFTs, wallets, and other public chain digital assets.
The token supply for this sale is 60,000,000 BCUT tokens at a price of 0.055 USDT. An additional 5,000,000 BCUT tokens are reserved for rewards, and 10,000,000 BCUT tokens (1% of the total supply) may be available for purchase during the BitsCrunch Community Sale at the discretion of BitsCrunch.
Worldcoin payments to orb operators will be converted to WLD, market maker loans extended until December 15
Odaily Planet Daily News Worldcoin Foundation announced that payments to orb operators will be changed to WLD instead of USDC. The current circulating supply of WLD tokens has reached more than 1% of its total supply of 10 billion tokens. Of the approximately 134 million WLDs issued, 100 million were provided as loans to market makers and 34 million were distributed to users and orb operators in the form of grants.
Worldcoin said that the original market maker loan will expire on October 24, and the agreement will be renewed until December 15 this year, with the number reduced by 75 million tokens; as part of the agreement, market makers will return or purchase part or all of the remaining 25 million. (The Block)
Fantom Foundation launches Sonic Labs startup accelerator program, developers can start building on December 15
Odaily Planet Daily News: Fantom Foundation announced the launch of the Sonic Labs entrepreneurial accelerator program, which aims to promote innovation within Fantom’s new Sonic technology stack and provide resources and support for the next generation of Web3 entrepreneurs.
The program will select up to five projects and provide each with FTM 1 million (approximately USD 294,000) in funding, as well as technical support, co-marketing, and mentorship.
The Fantom Foundation encourages qualified projects to apply, and developers can begin building projects on Sonic on December 15th. These projects will be launched with the Fantom Sonic mainnet in spring 2024.
The Sonic Labs program is open to all developers building new applications on Fantom technology, including GameFi, DeFi, etc. Competition judging criteria include vision, utilization of Sonic technology, target user group, uniqueness, positive impact on the Fantom network and users, and brand. The application deadline is February 6, 2024. (Prnewswire)
BNB Chain has announced the TVL incentive plan and will launch the competition on December 15
Odaily Planet Daily News: BNB Chain announced the TVL incentive plan, which aims to encourage project parties to deploy their projects on opBNB, thereby prospering the opBNB ecosystem and providing an incentive mechanism for project parties involved in the construction.
According to the plan, it will be open to project parties from December 6 to December 14, 2023, and the competition will be held from December 15, 2023 to January 14, 2024. The total prize pool can reach up to 160,000 US dollars, and participating projects will receive corresponding shares according to their ranking ratio in the competition.
Lido launches the "Lido Community Staking Module" proposal, voting will end on December 15
Odaily Planet Daily News Snapshot shows that Lido has launched a proposal called "Lido Community Staking Module", which indicates that the Lido Community Staking Team is seeking the Lido DAO's signal approval for the design of the Community Staking Module (CSM). This module will allow permissionless entry into the Lido validator set on Ethereum and set certain margin requirements.
Following approval, the community staking team will further research and develop the proposed module and plans to propose a mainnet launch and approval of all parameters to the Lido DAO in a chain upgrade around the end of 2024.
The proposal currently has 100% support and will end on December 15th.
December 16
FTX Creditors Alliance: Preliminary public bidding acquisition actions will be announced before December 16
Odaily Planet Daily News: FTX Creditors Alliance FTX 2.0 Coalition released the latest court update on the X platform:
1. Stalking horse bids will be announced before December 16. Note: Stalking horse bids refer to the initial public bidding acquisition actions proposed by the buyer selected by the company applying for bankruptcy protection, which can attract more potential buyers to offer competitive acquisition prices;
2. Motion to estimate the value of cryptocurrency claims in November;
3. Customer names remain anonymous (permanent anonymity for natural persons).
Linea launches Voyage Wave 7: Trading, which will last until December 16
Odaily Planet Daily News Linea announced the launch of the Voyage: DeFi event Wave 7: Trading on the X platform. The theme of this event is complex DeFi trading products. The event will last for 9 days and end on December 16.
It is reported that the Linea Voyage: DeFi event will last for 6 weeks, with a total of 10 events and 10 core tasks. Users will be able to choose from more than 80 DApps to interact, covering wallets, bridges, swaps, lending, liquidity supply, yield farming and other aspects.
December 17th
Cosmos launches a proposal to "allocate 900,000 ATOMs to the stATOM/ATOM pool". Voting will end on December 17th.
Odaily Planet Daily News: Cosmos Hub initiated a vote to "allocate 900,000 ATOMs to the Osmosis stATOM/ATOM pool". The proposal aims to increase the liquidity of ATOM by allocating 900,000 ATOMs to the stATOM/ATOM pool.
The proposal suggests placing 90% of the funds in Osmosis’ static liquidity positions and 10% in Quasar’s upcoming stATOM/ATOM Dynamic S+ vault to improve long-term benefits. The above LPing strategy will bring exchange fee-based income to the Cosmos Hub community pool.
Voting has now begun, with 67.1% in favor of the proposal and 6.0% against. Voting will end on December 17.
Others (specific time not yet determined)
Paradigm researchers: Collaborated with Blast to design a new timelocked upgrade system, to be launched next week
Paradigm researcher Dan Robinson posted on the X platform: "In order to set a better precedent for projects that may try to emulate Blast, we have worked with Blast to design a new timelocked upgrade system, which is expected to be upgraded next week. The code has been open sourced and can be used by any developer for free."
UniSat expected to support Atomicals protocol next week
Odaily Planet Daily News: UniSat posted on the X platform that it will support the Atomicals protocol, which is expected to be launched next week. In addition, UniSat will cancel the market service fee.
Safe official: 4337 Canonical module V 0.1.0 version has problems, the audit of V 0.2.0 version is expected to be completed next week
According to official news, the Safe (formerly Gnosis Safe) team found a problem in its 4337 Canonical module V 0.1.0 version. The official urgently requires all teams using this version to stop using it immediately and wait for the audit of V 0.2.0 to be completed. The audit of V 0.2.0 is expected to be completed next week, which will bring additional features.
Safe added that the module is only available on testnet and funds are not at risk. Users do not need to take any action.
