Arrangement: Fairy, ChainCatcher
Key news:
- SEC to decide whether to approve spot Ethereum ETF application
- PayPal will remove buyer and seller protection for NFTs
- Final verdict for Wen Jian, suspect in UK's 60,000 Bitcoin money laundering case
- Binance Futures will delist KNCUSD, ICXUSD, XTZUSD, ROSEUSD and APEUSD coin-margined perpetual contracts
- Cryptocurrency lender Delio holds first bankruptcy filing hearing
- Deadline for former OpenAI board member Helen Toner to submit record statement regarding decision to remove Sam Altman and reinstate him
- Jupiter will hold the third round of LFG voting
- Nigerian court to hear Binance executive Gambaryan's tax evasion case next week
- Jupiter acquires Ultimate Wallet and plans to stop using its app on May 22
- U.S. SEC Debates with Terraform Labs and Do Kwon on Fraud Compensation Plan
May 20 (Monday)
PayPal will remove buyer and seller protection for NFTs
According to The Block, under PayPal's new policy (effective May 20), NFT purchases will no longer be supported by the company's buyer protection program. In addition, NFT sales worth more than $10,000 will not be protected from false claims and chargebacks.
Chiliz (CHZ) is expected to perform a network upgrade and hard fork at 15:00 on May 20
The Chiliz (CHZ) project will perform a network upgrade and hard fork at block height 13,189,711 (estimated at 15:00 GMT+8 on May 20, 2024). Binance plans to suspend token deposits and withdrawals on the Chiliz (CHZ) network at 14:00 GMT+8 on May 20, 2024.
BounceBit opens withdrawals for BTCB, WBTC, FDUSD, and USDT that are not staked in Premium
BounceBit announced the asset withdrawal schedule on Twitter . BTCB, WBTC, FDUSD, and USDT that are not staked in Premium will be open for withdrawal on May 20, and the processing time is about 1 day.
Binance Futures will delist KNCUSD, ICXUSD, XTZUSD, ROSEUSD and APEUSD coin-margined perpetual contracts
Binance Futures will automatically liquidate KNCUSD, ICXUSD, XTZUSD coin-margined perpetual contracts and ROSEUSD, APEUSD coin-margined perpetual contracts at 17:00 (ET) on May 20, 2024 and 17:00 (ET) on May 21, 2024, and will delist the above-mentioned coin-margined perpetual contract trading pairs after the liquidation is completed.
May 21 (Tuesday )
Binance will support Lisk (LSK) contract swaps and suspend deposits and withdrawals of old tokens
According to the official announcement, Binance will support the Lisk (LSK) contract swap plan. Binance will suspend the deposit and withdrawal services of the old LSK tokens at 10:00 on May 21 (Eastern Time 8).
The NYAN token of the blockchain game Nyan Heroes will be listed on BYBIT
Solana ecosystem blockchain game Nyan Heroes announced on the X platform that the NYAN token will be listed on BYBIT at 4 pm Beijing time on May 21.
Cryptocurrency lender Delio holds first bankruptcy filing hearing
The Seoul Bankruptcy Court postponed the first hearing of Delio's bankruptcy application, originally scheduled for April, to a month later on May 21.
Deadline for former OpenAI board member Helen Toner to submit record statement regarding decision to remove Sam Altman and reinstate him
According to Bloomberg, Elon Musk is stepping up his court battle with OpenAI, asking former board member Helen Toner to provide documents and communications about her departure from the OpenAI board and the decision to remove and reinstate CEO Sam Altman. Helen Toner is required to submit the relevant information by May 21.
May 22 (Wednesday)
Jupiter will hold the third round of LFG voting
Jupiter announced the start of the third round of LFG on social platforms, and voting will take place on May 22. There are some key changes in this round, and the goal is to implement lessons learned from past voting and community feedback to improve the LFG platform.
Nigerian court to hear Binance executive Gambaryan's tax evasion case next week
According to CoinDesk, bail hearings for money laundering and tax evasion by Binance and its executives, as well as detained Binance compliance director Tigran Gambaryan, were held in Nigeria on Friday. The court ruled that the Federal Inland Revenue Service's tax evasion charges could be served on Binance through Gambaryan. Gambaryan's lawyers opposed the application on the grounds that the revised charges needed to be reviewed in order to provide defense advice for Gambaryan, and the court agreed to postpone the matter until May 22 for prosecution.
MultiversX (EGLD) project team plans to upgrade the network
The MultiversX (EGLD) project team plans to upgrade the network at 00:20 on May 22, 2024, GMT+8. Binance plans to suspend the token deposit and withdrawal services of the MultiversX (EGLD) network at 23:20 on May 21, 2024, GMT+8.
Bybit to launch $26 million comprehensive compensation plan
Bybit will implement a comprehensive compensation plan worth $26 million for all 320,000 affected users, and all airdrops and compensation will be deposited into user accounts at 8:00 am UTC on May 22, 2024. Earlier news, on May 17, the listing of NOT caused the Bybit matching engine to crash. Bybit CEO Ben Zhou said that he would issue a public statement and compensation plan to all affected users.
Jupiter acquires Ultimate Wallet and plans to stop using its app on May 22
According to official news, Jupiter announced the acquisition of Ultimate Wallet and its mobile team to promote the Jupiter Mobile plan, which aims to simplify the mobile user experience and drive millions of new users. The current Ultimate application will be on May 22, 2024, which also means that users will no longer be able to use Ultimate in the near future.
U.S. SEC Debates with Terraform Labs and Do Kwon on Fraud Compensation Plan
According to Cointelegraph, after a jury ruled that Terraform Labs and its co-founder Do Kwon were responsible in a fraud case with the U.S. SEC, a U.S. federal judge ordered the parties to discuss compensation plans ranging from millions to billions of dollars. Court documents show that Jed Rakoff, a federal district court judge in the Southern District of New York, said that lawyers for the SEC, Kwon and Terraform should appear in court on May 22 to argue about the compensation plan.
May 23 (Thursday)
SEC to decide whether to approve VanEck's Ethereum spot ETF application
In response to the "ARK 21Shares Ethereum ETF" jointly submitted by ARK Invest and 21Shares, and the "VanEck Ethereum Spot ETF" submitted by Cboe BZX, Bloomberg analyst James Seyffart commented on social media: "The Ethereum ETF competition has officially begun. It's too early, but I estimate that the final deadline for the U.S. Securities and Exchange Commission (SEC) to review these applications is approximately May 23, 2024. The final resolution date for the spot ETH ETF "VanEck Ethereum ETF" will end on May 23, which is also the earliest one.
Binance to Support Neutron (NTRN) Network Upgrade
Binance expects to suspend the deposit and withdrawal services of Neutron (NTRN) network tokens at 21:30 on May 23, 2024, GMT+8 to support its network upgrade.
Aethir to release first batch of 11,000 edge computing devices
Aethir, a decentralized GPU cloud infrastructure, announced that it will officially release the edge computing device Aethir Edge on May 23. The first batch of 11,000 devices will be released exclusively to the Aethir community, and 23% of the total supply of $ATH tokens will be used to incentivize Aethir Edge users. The device will be sold in multiple rounds, and early registrants will enjoy a preferential price of $999 (market price $1,099). Anyone can join the waiting list through the original link to get the device to be released in the future, and registering for the white list will have the opportunity to share the $6,000 prize pool and 3 free devices.
Optimism's fourth retroactive fundraising round is now open for registration
Optimism posted on social media that registration for the fourth round of retroactive fundraising will begin on May 23 and end on June 6. The review period will be from June 6 to June 18, the voting period will be from June 23 to July 8, and the results will be announced and funding will be distributed on July 15.
May 24 (Friday)
SEC to decide whether to approve ArkInvest/21 Shares’ spot Ethereum ETF application
The U.S. Securities and Exchange Commission (SEC) will decide on May 24 whether to approve the spot Ethereum ETF application submitted by ArkInvest/21 Shares.
Final verdict for Wen Jian, suspect in UK's 60,000 Bitcoin money laundering case
On March 18, local time in the UK, 42-year-old British Chinese Jian Wen was found guilty of "participating in arranging money laundering" by a British court and could be sentenced to up to 14 years in prison. Jian Wen's defense lawyer Mark Harries said that due to the judge's busy schedule, the British court has postponed the final verdict on Jian Wen, which was originally scheduled for May 10, to May 24.
Natix Token Sale Deadline
Natix Network, a decentralized infrastructure network focusing on map data, announced on social platforms that it will launch a public token sale on CoinList. NATIX Token was launched on the CoinList platform at 01:00 on May 17, 2024, and the public sale will last until 1:00 on May 24.
Fetch.ai: The Alliance of Super Artificial Intelligence (ASI) is scheduled to launch on May 24
Fetch.ai stated in an official blog that the Alliance of Super Artificial Intelligence (ASI) announced the approval of the ASI token merger, which is scheduled to be launched in May. The merger is expected to have a total value of US$7.5 billion and is expected to be completed in early May, merging FET, AGIX and OCEAN into ASI. ASI is scheduled to launch on May 24.
Worldcoin Foundation Wave 1 Community Grant Program Deadline
The Worldcoin Foundation has announced the official launch of the Wave1 Community Grant Program, accepting grant applications from community members around the world. Wave1 grant categories include improving developer experience and tools, digital identity, ecosystem growth, governance exploration, etc. Applicants can receive up to $10,000 in community grants, up to $50,000 in project grants, and higher amounts of open project and request for proposal (RFP) grants. Applications will close on May 24.
MOCA Foundation will distribute MOCA tokens
The MOCA Foundation announced that the MOCA token public offering has ended. It is expected that the final distribution results of the MOCA token issuance activity will be announced on May 7, and the token distribution will be carried out around May 24.
May 26 (Sunday)
Deadline for the 5th Ethereum Protocol Fellowship Program
The Ethereum Foundation announced that the fifth Ethereum Protocol Fellowship (EPF) program is officially open for application, with the application deadline being May 26. It is reported that EPF is a permissionless project that aims to provide aspiring protocol contributors with a channel to make meaningful contributions to Ethereum. The fifth phase of the project will last for five months, from June to November 2024, during which two offline events will be held at EthCC in Brussels and Devcon in Southeast Asia.
Specific time is not determined
Synthetix plans to migrate to V3 in June and will launch sUSD incentives next week
In order to expand the scale of sUSD, sUSD incentives will be launched next week, including providing at least 10,000 OP incentives per week for the sUSD/USDC liquidity pool on Optimism's VelodromeFi, and at least 20,000 SNX incentives per week for the sUSD liquidity pool on Ethereum Curve.
Notcoin plans to launch its first event early next week
Notcoin announced future plans on the X platform: -The products and offers for the first event are almost ready and will be launched at the beginning of next week. After the staking period ends, users will get one week of offered Level for free; -Gold and Platinum players can get allocations from other launched events; -Users can unstake Notcoin at any time and withdraw it on the chain. Yes, you will lose your Level benefits and access to the pool.
