Must-watch next week | About 100 million DOT will be unlocked on the 24th; the trial against SBF will resume on the 26th (10.23-10.29)

Next week's highlights:
The U.S. House Financial Services Committee will hold a hearing on SEC-related topics on October 24;
About 100 million DOTs locked in Polkadot’s first Crowdloan will be unlocked on October 24;
UniSat will launch the brc 20-swap mainnet version on October 25;
The U.S. House of Representatives hearing on October 26 may discuss the role of cryptocurrencies in terrorist financing;
The trial against SBF will resume on October 26;
From October 23 to October 29, more noteworthy events in the industry are as follows:
October 23
OKX Jumpstart will start SPURS new coin mining on October 23
Odaily Planet Daily News According to official news, OKX Jumpstart will start SPURS new coin mining at 14:00 on October 23, 2023. CHZ and OKB holders can pledge CHZ and OKB to mine SPURS. Currently only limited to East Asian countries, excluding users in mainland China, Hong Kong, Macau, Mongolia, North Korea and Japan.
It is reported that SPURS is the fan token of Tottenham Hotspur Football Club, launched by Socios with a total supply of 40,000,000.
Optimism Opens RetroPGF Third Round of Applications Closes on October 23
Odaily Planet Daily News Optimism announced its third round of RetroPGF (Retrospective Public Product Fund). From now on, the third round of RetroPGF applications are open, and the application will last until October 23. 30 million OP will be allocated to builders, artists, creators, and educators who have demonstrated influence in building the Optimism Collective.
Every type of contributor to the Optimism ecosystem is eligible to receive RetroPGF. Whether you are a developer building an Ethereum client or an educator creating Optimism video content, you are eligible.
Lybra Finance will issue the first V1 to V2 migration fee on October 23
Odaily Planet Daily News: LSD stablecoin protocol Lybra Finance posted on the X platform that according to Lybra DAO's Proposal 1, esLBR holders voted to extend the V1 LBR token migration deadline by another 3 months, which is 21:00 on January 16, 2024, Beijing time.
Starting at 21:00 on October 16, existing V1 LBR holders can begin migrating their tokens to V2 esLBR. A 3% migration fee will be paid to esLBR holders weekly, with the first payment on October 23. More details will be announced on October 16.
Web3 social application Tip Coin will launch TipChat on October 23
Odaily Planet Daily News: Web3 social application Tip Coin posted on the X platform that TipChat will be launched on October 23 and will undergo a comprehensive audit before that.
October 24th
The U.S. House Financial Services Committee will hold a hearing on SEC-related topics on October 24
Odaily Planet Daily reported that the U.S. House of Representatives Financial Services Committee will hold a hearing on the theme of "Reviewing the SEC's Agenda: Unintended Consequences for U.S. Capital Markets and Investors" at 10 a.m. local time on October 24.
HashKey Exchange will launch USDT/HKD trading pair at 14:00 on October 24
Odaily Planet Daily News: According to the official announcement, HashKey Exchange will launch the USDT/HKD trading pair for professional investors. Deposits and withdrawals are now open, and trading will be open at 14:00 on October 24 (UTC+ 8).
Note: According to the requirements of the Securities and Futures Commission (SFC) of Hong Kong, professional investors refer to high net worth individuals with an investment portfolio of not less than HK$8 million.
About 100 million DOTs locked in Polkadot’s first Crowdloan will be unlocked on October 24
Odaily Planet Daily reported that on October 24, the auction lease period of the first batch of Polkadot parachains ended, and about 100 million DOTs locked in Crowdloan will be unlocked.
In order to cope with this unlocking and to better adapt to the future situation of Polkadot 2.0, Polkadot launched Referendum No. 166, proposing to increase the ideal staking rate of the Polkadot network to 60%, so that the network can accommodate the new DOT entering the staking system after unlocking without reducing the staking rewards.
This proposal has now been accelerated through the Fellowship and entered the public voting stage, with the current approval rate (Approval) being 99.4%. If the vote passes smoothly, it is expected that this adjustment will be implemented two days before the unlocking date. (PolkaWorld)
Fantom Foundation releases "FantomSonic" theme video, which may be released on October 24
Odaily Planet Daily reported that the Fantom Foundation released a "FantomSonic" theme video on the X platform, and the theme content will be made public on October 24.
October 25th
Binance Lending will close all BUSD lending and collateral positions on October 25, 2023
Odaily Planet Daily News: Binance announced that Binance Borrowing (current interest rate) will close all outstanding BUSD borrowing and collateral positions at 16:00 on October 25, 2023 (UTC+8). Users are advised to repay all affected borrowing orders before 15:59 on October 25, 2023 (UTC+8) to avoid potential losses.
Lightweight node protocol Over Protocol will launch closed Beta testnet on October 25
Odaily Planet Daily News According to official news, the lightweight node protocol Over Protocol announced that it will launch a closed Beta test network from 14:00 on October 25, 2023 to 14:00 on October 31, 2023, which will be open to approximately 1,000 users.
Testing will be conducted on a personal computer through the OverNode application, including installation, activation, staking, verification, and reporting issues, with the aim of stress testing before the launch of a public incentivized testnet for global users.
The specific details of the test will be announced in the test community on October 20, and the application time is approximately 14:00 on October 16. It should be noted that users who participate in the closed beta test will not receive airdrops.
UniSat will launch the brc 20-swap mainnet version on October 25
Odaily Planet Daily News According to official news, UniSat Wallet announced the release schedule of the brc 20-swap mainnet. Starting from October 18, UniSat plans to gradually distribute commemorative inscriptions called brc 20-swap Prime Access to the community. On October 25, UniSat will launch the brc 20-swap mainnet version. During the initial mainnet launch, the team will continue to distribute Prime Access for free. As more users join, the team will closely monitor the performance of the system and promptly resolve any problems that may arise.
October 26th
The U.S. House of Representatives may discuss the role of cryptocurrencies in terrorist financing at a hearing on October 26
Odaily Planet Daily News: Fox reporter Eleanor Terrett posted on the X platform that the U.S. House Financial Services Committee (HFSC) Subcommittee will hold a hearing on October 26 local time on the theme of "Fund Transfer: Understanding the Iranian regime's ways of obtaining funds around the world and how to use these funds to support terrorism." It is expected that the role of cryptocurrency in this regard will become a key topic.
Trial against SBF to resume on October 26
Odaily Planet Daily reported that the trial against SBF will resume on October 26. Previously, the trial was adjourned from October 20 to October 25 due to Columbus Day.
Bloomberg TV to launch SBF documentary on October 26
Odaily Planet Daily News: Bloomberg Television will launch a documentary titled "RUIN: Money, Ego and Deception at FTX" about FTX founder SBF and the shocking collapse of the trading platform at 7:00 am Beijing time on October 26.
Binance Spot and Margin Trading Platforms to Launch Self-Trading Prevention (STP) Feature on October 26
Odaily Planet Daily News According to the official announcement, Binance spot and leverage trading platforms will launch the self-trading prevention (STP) function to all users at 16:00 (Eastern Time Zone 8) on October 26, 2023. The STP function will automatically prevent the execution of self-trading orders, aiming to help users avoid unnecessary self-trading and related transaction fees. Binance will provide three STP modes, among which Binance spot and leverage will use "EXPIRE_MAKER" as the self-trading prevention mode for all trading pairs and orders by default.
Binance will support users to redeem locked DOT tokens through the DOT slot auction page starting October 26
Odaily Planet Daily News: Binance announced that the DOT slot auction lock-up will end on October 24, 2023. Users will be able to redeem the locked DOT tokens through the DOT slot auction page from 14:00 on October 26, 2023 (UTC+ 8).
OKX will support DOT unlocking and redemption in the first round of Polkadot slot auction starting from October 26
Odaily Planet Daily News: According to the official announcement of OKX, the DOT locks of the first round of Polkadot slot auction projects will be unlocked on October 24, 2023. OKX will support the unlocking and redemption of DOT in two stages.
Phase 1: The OKDOT 1/DOT coin-to-coin trading pair will be delisted at 16:00 (HKT) on October 26, 2023;
Phase 2: From October 26, 2023 to November 10, 2023 (HKT), the first round of Polkadot slot auction locked DOT settlement will be completed (OKDOT 1:DOT= 1: 1). After the settlement is completed, it will be distributed to the user's fund account.
According to OKX, after the OKDOT 1/DOT currency-to-currency trading pair is offline, no channels will be provided to support the exchange of OKDOT 1 for DOT before the first round of Polkadot slot auction settlement is completed. In addition, due to certain uncertainties involved in on-chain operations, please refer to the official announcement of OKX for the specific completion time.
ApeCoin opens voting for the proposal to "reduce the remuneration of special committee members by 50%", voting will end on October 26
Odaily Planet Daily News Snapshot page shows that the ApeCoin DAO community has started voting on the proposal to "reduce the remuneration of special committee members by 50%" (from 20,833 APE per month to 10,417 APE per month), which will end on October 26.
ApeCoin DAO stated in the proposal that the adjustment will apply to all future terms detailed in AIP-137 and AIP-138, and will only affect special commissioners elected after the implementation of the proposal. From a financial perspective, the DAO is expected to save up to 104,165 APE per month.
October 27th
Neo and Web3 Labs collaborate to launch the Web3.0 global acceleration program, the finals will start on October 27
Odaily Planet Daily reported that Neo announced a partnership with Web3 Labs to launch a US$1 million Web3.0 global acceleration program to foster start-up projects and promote the development of Hong Kong’s Web3 industry, and provide technical support, joint marketing resources, seminars, financing opportunities and a wide range of ecosystem services.
The five winning teams from the Neo APAC Hackathon will join the programme and the winning teams will be announced at the finals to be held at Cyberport on October 27-28.
Voting for the proposal to transfer unclaimed NTRN airdropped tokens to the Cosmos Hub has begun and will end on October 27
Odaily Planet Daily News According to official news, the cross-chain smart contract platform Neutron DAO community initiated a proposal to "transfer unclaimed NTRN airdrop tokens to Cosmos Hub". Voting is now open and will end on October 27. The proposal intends to transfer approximately 42,727,950 unclaimed NTRN tokens to the Cosmos Hub community fund pool.
Nomic Chain’s cross-chain upgrade for nBTC will be released on the 27th
According to an announcement during the Cosmoverse 2023 conference on October 3, users can transfer Bitcoin to the Cosmos network through Osmosis's Nomic bridge for a fee of 1.5% of the transaction amount. Users will then receive Nomic Bitcoin (nBTC), an IBC-compatible token issued by Nomic Chain, in a 1:1 manner. nBTC can be bought and sold and used to provide liquidity on Osmosis. They can also be used in more than 50 Cosmos-linked application chains.
Sunny Aggarwal, co-founder of Osmosis, said: "Bitcoin is in desperate need of an applied DeFi ecosystem, and Cosmos needs a base currency asset as its primary store of value. Nomic will help make the long-awaited Bitcoin-centric Cosmos Alliance a reality."
The nBTC cross-chain upgrade will be released on October 27 and is expected to be activated on October 30. Through a separate partnership with decentralized finance protocol Kujira, users can send BTC to the latter’s Sonar wallet address and self-custody their nBTC. The same mnemonic can restore a user’s BTC and nBTC wallets. nBTC can also be used as collateral for minting Kujira’s native stablecoin USK and used for lending within the ecosystem. In addition, users can also bid for liquidated nBTC collateral.
October 28th
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October 29th
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