News preview:
- The Chicago Board Options Exchange (Cboe) announced that five Ethereum spot ETFs will be listed on the exchange on July 23, including the Fidelity Ethereum Fund, Franklin Ethereum ETF, Invesco Galaxy Ethereum ETF, VanEck Ethereum ETF, and 21Shares Core Ethereum ETF;
- Starting from July 24, WLD will usher in a large amount of linear unlocking;
- Layer3 Foundation: The L3 token airdrop query page will be launched on July 24;
- The 2024 Bitcoin Conference will be held from July 25 to 27, with speakers including Trump, Cathie Wood, and others;
- AltLayer (ALT) will unlock approximately 684 million tokens at 6:00 pm Beijing time on July 25, accounting for 42.08% of the current circulation, with a value of approximately US$114 million;
- The "Future Forward AI+Web3.0 Integration and Reconstruction" event jointly organized by PANews and ZAN, a Web3 brand under Ant Financial, will be officially held in Shanghai on July 26.
July 22
Exchange:
Binance to Delist BOND, DOCK, MDX, and POLS Tokens on July 22
Binance announced that it will stop trading and delist all spot trading pairs of BarnBridge (BOND), Dock (DOCK), Mdex (MDX) and Polkastarter (POLS) at 11:00 (UTC) on July 22, 2024. Deposits of these tokens will no longer be credited to accounts after 11:00 (UTC) on July 23, and withdrawal support will end at 11:00 (UTC) on October 22. The specific trading pairs that have been removed include: BOND/BTC, BOND/USDT, DOCK/BTC, DOCK/USDT, MDX/USDT, POLS/USDT. USDⓈ-M BONDUSDT perpetual contract trading is not affected and users can continue to trade.
Binance will stop all existing RNDR spot trading pairs at 11:00 on July 22
Binance will support the token swap and brand upgrade of Render (RNDR) to Render (RENDER). Binance will stop all existing RNDR spot trading pairs at 11:00 (ET) on July 22, 2024, and automatically cancel all pending orders.
Binance plans to suspend token deposits and withdrawals for the IoTeX (IOTX) network at 07:00 GMT+8 on July 22, 2024, to support network upgrades and hard forks. The project will perform network upgrades and hard forks at block height 31,174,201 (estimated at 08:05 GMT+8 on July 22, 2024).
Project dynamics:
Applications for the 2024 Paradigm Fellowship are now open, and the application deadline is July 22
The 2024 Paradigm Fellowship will be held in San Francisco from September 25 to 29. Applications are now open and the deadline is July 22. The Paradigm Fellowship aims to bring together top young engineers and researchers in the field of cryptocurrency to jointly solve problems in consensus, execution, smart contract engineering, tools, MEV, mechanisms and market design. The program is aimed at cryptocurrency rookies who are technically proficient, obsessed and curious, especially high school and college students. At the five-day offline gathering, researchers will participate in research discussions with the Paradigm team and industry leaders. Paradigm said that participants are not required to develop comprehensively, but only need to excel in a certain technical field.
Film.io and CoinList to distribute 11 million FAN tokens
Decentralized film production platform Film.io has partnered with CoinList to launch an exclusive bounty event aimed at promoting the decentralization of film production decisions by distributing 11,000,000 FAN tokens (0.16% of the total supply). The event will run from April 23 to July 22, 2024, and requires participants to be non-US/Canada residents and OFAC compliant. Users can register a Film.io account and participate in daily DAO creative voting and collaboration to collect "GEMs" and "XP" points to improve community rankings. Participants must complete KYC verification to receive rewards. In addition, those who join before May 4 will have the opportunity to participate in the $30,000 SXSW collaboration challenge.
Token unlocking:
SPACE ID (ID) will unlock approximately 18.49 million tokens at 8:00 a.m. Beijing time on July 22, accounting for 4.29% of the current circulation and worth approximately US$9 million;
July 23
Policy supervision:
Russia’s Duma Committee Expected to Hold First Review of Crypto Mining Regulation Bill on July 23
The Russian State Duma Committee on Financial Markets has recommended that the lower house adopt a bill regulating mining activities at the first reading. The document, initiated by a group of deputies from different factions led by Anatoly Aksakov, chairman of the State Duma Committee on Financial Markets, is expected to be considered at the July 23 meeting. The bill was resubmitted to the Duma in April 2024, and the version first proposed in November 2022 was revised. The bill stipulates that the requirements for individuals and legal entities to carry out cryptocurrency mining activities, including mining pool participants, will be established by the Russian government together with the Bank of Russia. The Ministry of Digital Development will monitor compliance with these requirements, and only Russian legal entities can participate in these activities.
Fidelity and other five Ethereum spot ETFs will be listed on Cboe on July 23
The Chicago Board Options Exchange (Cboe) announced that five Ethereum spot ETFs will be listed on the exchange on July 23. These ETFs include the Fidelity Ethereum Fund, the Franklin Ethereum ETF, the Invesco Galaxy Ethereum ETF, the VanEck Ethereum ETF, and the 21Shares Core Ethereum ETF. Cboe has issued a new issuance notice, which is one of the procedures before the ETF is issued.
Project dynamics:
The LayerZero Foundation stated on the X platform that the provisional list of bounty hunters and other details have been uploaded to the Commonwealth platform. Bounty hunters can review this provisional list until 00:00 UTC on July 21. The final distribution will be made before the end of the day on July 23 (Tuesday). The allocation is at the discretion of the LayerZero Foundation and is subject to change. This list should not be considered the final sybil list or reused intact. The list reflects a snapshot at the time of allocation, but does not take into account unreviewed reports or reports that were later determined to be false positives.
Exchange:
OKX will delist CEL, OMG, SPELL, APM, LHINU, POLS, and DCR spot trading on July 23
OKX issued an announcement on the delisting of CEL, OMG, SPELL, APM, LHINU, POLS and DCR spot trading. The specific trading pairs involved include CEL/USDT, CEL/USDC, OMG/USDT, SPELL/USDT, SPELL/USDC, APM/USDT, LHINU/USDT, POLS/USDT, DCR/USDT and DCR/ETH.
The EURUSD platform will officially delist the above trading pairs from 4:00 to 4:30 pm (UTC+8) on July 23, 2024. Users who have pending orders for the above currency pairs, please cancel the orders before 4:00 pm (UTC+8) on July 23, 2024. Uncancelled orders will be automatically executed by the system.
Modular blockchain project Avail may launch its mainnet on July 23
Polygon's modular blockchain project Avail has published a post suggesting that its DA mainnet will be launched soon, with the specific date being July 23, 2024.
July 24
Exchange:
Binance will remove TUSD from cross margin and isolated margin trading on July 24
Binance Margin Trading will delist TUSD trading pairs from cross margin and isolated margin trading at 14:00 (UTC) on July 24, 2024. The delisted cross margin trading pairs include BTC/TUSD and TUSD/USDT, and the isolated margin margin trading pairs include BTC/TUSD and TUSD/USDT.
Project dynamics:
WLD will usher in large linear unlocking from July 24
Starting from July 24, WLD will usher in a large linear unlocking, with 6.62 million WLD tokens (about 16.94 million US dollars) unlocked daily, and the unlocking will last for 730 days. The unlocking includes community unlocking, initial development team unlocking and investor unlocking. In addition, according to the official blog of Worldcoin, Tools for Humanity announced the extension of the token lock-up period for early Worldcoin contributors . Starting from July 24, 2024, the WLD token lock-up period for Tools for Humanity team members and investors will be extended from the original 3 years to 5 years.
MapleStory Universe to Launch MapleStory N Pioneer Beta on July 24
MapleStory Universe, an NFT game project under the Korean gaming giant Nexon, stated in an official blog that the first pioneer test of MapleStory N has developed testers to register. The registration period for the pioneer test ends on July 7, the tester nomination announcement was released on July 18, and the pioneer test time is from July 24 to August 2. During the pioneer test, participants will have the opportunity to experience MapleStory N before its official release later this year. The test will showcase key blockchain elements of the game, including a limited supply reward system and a user-driven pricing system. In addition, testers can also experience the Zakum Boss content available in Simple Mode (entry level 50 and above) and Normal Mode (entry level 90 and above). MapleStory N is a PC-based MMORPG that combines blockchain technology with the MapleStory IP and is the first game launched in MapleStory Universe.
Layer3 Foundation: The L3 token airdrop query page will be launched on July 24
The token distribution protocol Layer3 Foundation announced in its official Discord community that the Layer3 Foundation will release the initial L3 token distribution checker on July 24, but the token will not be launched on that date. Earlier on July 5, the token distribution protocol Layer3 announced the token economics, and the initial airdrop increased to 7.5% of the total supply .
Token unlocking:
Galxe (GAL) will unlock approximately 586,000 tokens at 8:00 am Beijing time on July 24, accounting for 0.49% of the current circulation, with a value of approximately US$2.3 million;
July 25
Exchange:
According to the official Twitter account of Coinbase International Exchange, Coinbase International Exchange and Coinbase Advanced will support perpetual contract trading for Bittensor, Toncoin and Tellor. TAO-PERP, TON-PERP and TRB-PERP markets will begin trading on or after 9:30 AM UTC on July 25, 2024.
Project dynamics:
Zeta Markets: Genesis Epoch will start on July 25, with an incentive pool of 8 million ZEX
Solana DeFi derivatives platform Zeta Markets announced that it has distributed 8% of the token supply (80 million ZEX) to 80,000 traders. Another 30% (300 million ZEX) will be used for platform incentives in the next 90 cycles. The Genesis Epoch will start on July 25, with an incentive pool of 8 million ZEX. Staking ZEX before July 25 will qualify for pledged airdrops (20 million ZEX).
Conference activities:
Bitcoin 2024 Conference to be held from July 25 to 27, speakers include Trump, Cathie Wood, and more
The 2024 Bitcoin Conference will be held in Nashville, Tennessee from July 25 to 27, and will feature many outstanding speakers, including: former US President Donald Trump, independent US presidential candidate Robert F. Kennedy Jr., MicroStrategy Executive Chairman Michael Saylor, "Prism Gate" leaker Edward Snowden, Tennessee Senators Bill Hagerty and Marsha Blackburn-, ARK Invest CEO Cathie Wood, Cantor Fitzgerald Chairman Howard Lutnick, Miller Value Partners Chairman Bill Miller IV, and British political commentator Russell Brand.
Token unlocking:
AltLayer (ALT) will unlock approximately 684 million tokens at 6:00 pm Beijing time on July 25, accounting for 42.08% of the current circulation, with a value of approximately US$114 million;
Acala (ACA) will unlock approximately 4.66 million tokens at 8:00 a.m. on July 25, Beijing time, accounting for 0.46% of the current circulation, with a value of approximately US$340,000.
July 26
Policy supervision:
New Zealand central bank launches consultation on digital cash, to end on July 26
The Reserve Bank of New Zealand (the country's central bank) began a consultation on digital cash (central bank digital currency) on Wednesday. The consultation document asks citizens of the country to respond to questions such as the design of digital cash, whether it should pay interest, and whether there should be holding limits. The country's central bank is considering a holding limit of $2,000, which is similar to the benchmark for the digital euro. "Digital cash can also promote competition in New Zealand's payments sector by supporting new types of currency and payment services in the private sector," the consultation document said. New Zealand's CBDC is undergoing a multi-stage, multi-year process, and the country has not yet decided to issue a CBDC. It will be denominated in New Zealand dollars, redeemable 1:1 with physical cash, and available 24/7." The consultation will end on July 26.
Exchange:
Binance will open RENDER spot trading at 16:00 on July 26
Binance will open RENDER spot trading at 16:00 (ET) on July 26, including RENDER/BTC, RENDER/USDT and other trading pairs.
Conference activities:
The "Future Forward AI+Web3.0 Integration and Reconstruction" event jointly organized by PANews and ZAN, a Web3 brand under Ant Financial, will be officially held in Shanghai on July 26. This event brings together many big names in the fields of AI and Web3, including Conflux, ZAN, GoPlus, Chainbase, Pond, Privasea Al, Tianfeng Securities, OKG Research, Web3port Foundation, and PAKA, to explore how AI and Web3 technologies can be integrated to promote fundamental changes in the digital field. The event is now open for registration, and you can participate by clicking the "original link" below.
July 27
Token unlocking:
Yield Guild Games (YGG) will unlock approximately 14.08 million tokens at 10:00 pm Beijing time on July 27, accounting for 3.74% of the current circulation, with a value of approximately US$7.6 million;
July 28
Token unlocking:
Ethena (ENA) will unlock approximately 14.89 million tokens at 3:00 p.m. Beijing time on July 28, accounting for 0.87% of the current circulation, worth approximately $7.3 million;
SingularityNET (AGIX) will unlock approximately 8.45 million tokens at 8:00 a.m. Beijing time on July 28, accounting for 1.32% of the current circulation, with a value of approximately US$5.3 million;
Forta (FORT) will unlock about 50,000 tokens at 8:00 am on July 28th, Beijing time, accounting for 0.01% of the current circulation, with a value of about US$8,400;
