December 16
Exchanges:
Binance will list Vana (VANA) on December 16
Binance announced that it will list the 62nd Launchpool project - Vana (VANA), which is an EVM-compatible user data ownership blockchain. Users can start earning VANA airdrops by locking BNB and FDUSD from December 14 00:00 (UTC), and the activity will last for two days. Binance will list VANA and open VANA/USDT, VANA/BNB, VANA/FDUSD and VANA/TRY trading pairs on December 16 at 10:00 (UTC). The maximum token supply of VANA is 120 million, of which 4.8 million are for Launchpool rewards.
Binance Futures will delist MAVIAUSDT, OMGUSDT and BONDUSDT perpetual contracts on December 16
Binance Futures will automatically liquidate the MAVIAUSDT, OMGUSDT and BONDUSDT perpetual contracts on December 16, 2024 at 17:00 (UTC+8) and delist the above USD-margined perpetual contract trading pairs after the liquidation.
Project Dynamics:
Ethena may launch a new stablecoin product USDtb on December 16
Stablecoin issuer Ethena released a new video showing the USDtb display page and mentioned "December 16, 2024", which may imply that its stablecoin product USDtb will be officially launched on December 16. According to previous news in November, Ethena and Securitize are participating in Spark's $1 billion tokenization competition for the upcoming stablecoin USDtb. The initial reserve for USDtb will be supported by over 90% from BlackRock's BUIDL fund, which is tokenized by Securitize.
Over Protocol will open airdrop claims on December 16
The lightweight node protocol Over Protocol announced a series of key timeline updates: the Nethers NFT cross-chain bridge will open on December 16 at 8:00, and the airdrop claims will start at 9:00. The official said that the OverFlex feature will be launched before December 16, and the Nethers NFT cross-chain and airdrop claims will last for 3 months.
Stacks announces sBTC deployment plan, expected to open deposit function on December 16
Bitcoin scaling solution Stacks announced that it will deploy sBTC in two phases. The first phase, which will support Bitcoin deposits, is expected to be launched on December 16, 2024. The second phase, which will enable Bitcoin withdrawals, is expected to be released 6-8 weeks after the first phase. The plan is being implemented by Bitcoin L2 Labs. Stacks recently reminded that it will open the Bitcoin deposit function next week, and stated on the X platform: "Next week, Stacks' sBTC will unlock the trillion-dollar market potential of Bitcoin. Users can earn BTC rewards through the sBTC reward program. Initially, a deposit cap of 1,000 BTC will be set for controlled testing, and this cap will gradually increase over time."
Decentralized derivatives protocol Symmio plans to launch token TGE on December 16
The decentralized derivatives protocol Symmio revealed that it plans to launch the token TGE on December 16, issuing tokens on the Base blockchain, with initial liquidity provided through the SYMM/ETH trading pair on Aerodrome Finance. Symmio is an intent-centric derivatives clearing layer aimed at solving the liquidity and fragmentation issues in DeFi, currently supporting Arbitrum, Base, BSC and Mantle networks. The project announced that it has completed a $3.1 million financing, with about $2.1 million invested by institutions such as Spartan Group, Orbs, MCLB and Blockchain Founders Fund, and early investors including MS2 Capital, GMoney and Prime Ventures.
WTF Academy founder 0xAA: Starting from December 16, 1% of SCIHUB will be donated every month for 9 consecutive months
WTF Academy founder 0xAA posted on the X platform that a consensus has been reached with the Sci-Hub community on a 20% SCIHUB donation plan: the first donation of 1% of the total circulating SCIHUB (10 million tokens) has been completed; the second donation of 10% of SCIHUB (100 million tokens) will be transferred tonight; going forward, starting from December 16, 2024, 1% of SCIHUB (9 million tokens) will be donated on the 16th of each month for 9 consecutive months. In total, 200 million SCIHUB, accounting for 20% of the total circulation, will be donated. Additionally, Alexandra Elbakyan promised that - the maximum monthly sale of SCIHUB will be 1% (10 million tokens), unless the token price drops significantly, causing the value of 10 million tokens to be less than $20,000, then the sale can be flexible to ensure the fundraising of $20,000.
Token Unlocks:
Arbitrum (ARB) will unlock about 92.65 million tokens on December 16 at 9pm Beijing time, accounting for 2.26% of the current circulating supply, valued at about $91.4 million;
Cardano (ADA) will unlock about 18.53 million tokens on December 16 at 8am Beijing time, accounting for 0.05% of the current circulating supply, valued at about $20.1 million;
December 17
Exchanges:
Binance will temporarily suspend IoTeX network token deposits and withdrawals on December 17 to support its network upgrade and hard fork
Binance expects to suspend IoTeX (IOTX) network token deposits and withdrawals on December 17, 2024 at 09:20 (UTC+8) to support its network upgrade and hard fork. The project team will conduct the network upgrade and hard fork at block height 33,730,921 (estimated to be 10:20 (UTC+8) on December 17, 2024).
Coinbase International will list Movement perpetual futures contracts on December 17
Coinbase International announced on the X platform that Coinbase International and Coinbase Advanced will add support for the Movement perpetual futures contracts. The MOVE-PERP market is expected to be available on or after 17:30 Beijing time on December 17, 2024.
Project Dynamics:
Nifty Island will conduct TGE on December 17
The Ethereum-based game Nifty Island announced that its token $ISLAND will launch the token generation event (TGE) on December 17.
Magic Summit conference will be held on December 17
Token Unlocks:
ApeCoin (APE) will unlock about 15.6 million tokens on December 17 at 8:30pm Beijing time, accounting for 2.16% of the current circulating supply, valued at about $24 million;
Echelon Prime (PRIME) will unlock about 750,000 tokens on December 17 at 8am Beijing time, accounting for 1.46% of the current circulating supply, valued at about $10.5 million;
OmniFlix Network (FLIX) will unlock about 15.31 million tokens on December 17 at 8am Beijing time, accounting for 3.76% of the current circulating supply, valued at about $1.9 million.
December 18
Policy and Regulation:
Hong Kong's "Stablecoin Bill" gazetted, to be submitted to the Legislative Council for first reading on December 18
According to the Hong Kong Special Administrative Region Government news release, Hong Kong has today gazetted the "Stablecoin Bill" to introduce a regulatory regime for fiat stablecoin issuers in Hong Kong. The Bill aims to enhance the regulatory framework for virtual asset activities to address the potential risks posed by fiat stablecoins to financial stability, ensure adequate protection for users, and harness the benefits of virtual assets and related technologies. Under the proposed licensing regime, any person carrying out the following activities must first obtain a license from the Monetary Authority:
(i) Issuing fiat stablecoins in the course of business in Hong Kong;
(ii) Issuing stablecoins that claim to be pegged to the Hong Kong dollar in the course of business; or
(iii) Actively promoting the issuance of their fiat stablecoins to the Hong Kong public.
To effectively implement the regime, the Bill also proposes to empower the Monetary Authority with necessary regulatory, investigative and enforcement powers. The Bill will be submitted to the Legislative Council for first reading on December 18.
Exchanges:
Binance will officially list Usual (USUAL) on December 18
Binance will end the pre-trading of Usual (USUAL) at 17:00 (UTC+8) on December 17, 2024, and open the following spot trading pairs at 19:00 (UTC+8) on December 18, 2024: USUAL/BTC, USUAL/USDT, USUAL/FDUSD, USUAL/TRY. The deposit channel will be opened at 18:00 (UTC+8) on December 17, 2024; USUAL withdrawal is expected to be available at 19:00 (UTC+8) on December 19, 2024; the transfer function will be restored before 18:00 (UTC+8) on December 17, 2024.
Project Dynamics:
Ubisoft's Web3 shooter game "Captain Laserhawk: The GAME" will launch on December 18
The Arbitrum Foundation and Ubisoft (Ubisoft) announced that a Web3 shooter game "Captain Laserhawk: The GAME" will make its debut on December 18. To prepare for the game's release, the two teams collaborated with Magic Eden to launch the Niji Warrior series of NFTs for the game, which went live today in the form of free minting. These dynamic NFTs grant exclusive game privileges, including early access and the ability for players to influence game development. "Captain Laserhawk: The GAME" is a competitive multiplayer shooter game set in the dystopian world of Eden, inspired by the "Captain Laserhawk: A Blood Dragon Remix" series on Netflix.
Sophon mainnet will be launched on December 18, with the release of SOPH tokens and multiple applications
Sophon officially announced that the mainnet will be launched on December 18, focusing on the on-chain entertainment ecosystem, including ticketing, mobile games, AI agent platforms, prediction markets, cross-chain bridges, decentralized exchanges, and a Memecoin Launchpad. SOPH tokens will be released in two phases: the first phase is Genesis, providing a Gas-free experience to test network stability, but the tokens cannot be transferred yet. Node rewards will start to accumulate from January 1, 2024. In addition, Sophon will open KYC verification on December 4, launch the Guardian application and start the membership claim and delegation process on December 18, aiming to build the on-chain entertainment future through real users and practical scenarios, and plans to introduce listed companies and mature game projects to accelerate user onboarding.
Token Unlocks:
QuantixAI (QAI) will unlock approximately 232,000 tokens on December 18 at 8:00 AM Beijing time, accounting for 5.16% of the current circulating supply, valued at approximately $22 million;
Ethena (ENA) will unlock approximately 12.86 million tokens on December 18 at 3:00 PM Beijing time, accounting for 0.44% of the current circulating supply, valued at approximately $14.7 million;
Eigenlayer (EIGEN) will unlock approximately 1.29 million tokens on December 18 at 3:00 AM Beijing time, accounting for 0.61% of the current circulating supply, valued at approximately $6.2 million
Fusionist (ACE) will unlock approximately 1.8 million tokens on December 18 at 8:00 AM Beijing time, accounting for 4.26% of the current circulating supply, valued at approximately $4.9 million
Catizen (CATI) will unlock approximately 9.9 million tokens on December 18 at 8:00 AM Beijing time, accounting for 4.81% of the current circulating supply, valued at approximately $4.9 million
December 19
Exchange:
Coinbase announces it will delist wBTC on December 19
According to the Coinbase official announcement, due to the latest review results, Coinbase will temporarily suspend the trading services of wBTC (Wrapped Bitcoin) on Coinbase on December 19, 2024, around 12:00 PM Eastern Time. The suspension of trading involves all trading modes on the Coinbase platform, including Simple and Advanced Trade, Coinbase Exchange, and Coinbase Prime, but users can still access and withdraw their wBTC assets at any time. Coinbase's Chief Legal Officer, paulgrewal.eth, responded on the X platform that "when an asset no longer meets our listing standards, we delist it. When another asset can meet or exceed market demands without compromising those standards, we list it," thanking "Bit Global for the opportunity to showcase this to the U.S. federal courts and the broader global crypto stage."
Project Dynamics:
LayerZero plans to hold a vote on December 19 to decide whether to activate the fee switch mechanism
LayerZero plans to hold a public vote on December 19 to decide whether to activate the fee switch mechanism.
Token Unlocks:
Pixels (PIXEL) will unlock approximately 54.38 million tokens on December 19 at 6:00 PM Beijing time, accounting for 7.05% of the current circulating supply, valued at approximately $12.1 million
Hatom (HTM) will unlock approximately 1.07 million tokens on December 19 at 8:00 AM Beijing time, accounting for 2.39% of the current circulating supply, valued at approximately $1.3 million
December 20
Project Dynamics:
ODOS launches DAO and introduces tokenized loyalty program, with reward claims starting on December 20
The DEX aggregator ODOS announced the official launch of the Odos DAO and the introduction of its tokenized loyalty program, which will go live at 12:00 PM Beijing time on December 20. This marks its transition towards decentralized governance and user-centric growth. To reward early users, 494,278 eligible addresses will receive retroactive ODOS rewards based on their historical usage. Eligibility checks will start on December 12, 2024, and claims will begin on December 20, 2024.
HashKey Chain will launch its first hackathon event "Primordial" on December 20
HashKey Chain announced that it will host its first hackathon event "Primordial" in Hong Kong on December 20, where developers, creators, and enthusiasts will explore Web3 applications and infrastructure in a compliant environment, and co-build the ecosystem with developers.
Cash App will discontinue the fee-free Bitcoin peer-to-peer transfer feature starting December 20
Block's Cash App announced that it will terminate the support for Bitcoin peer-to-peer transfers via $cashtags on December 20, 2024, but users can still transfer Bitcoin via the Lightning Network or the Bitcoin blockchain. A Cash App spokesperson stated that this move is to focus the company's resources on the products and services most valued by Bitcoin users. This decision was made months after the U.S. Federal Bureau of Investigation raised compliance concerns about Block, but the official denied any connection between the two.
Token Unlocks:
Hooked Protocol (HOOK) will unlock approximately 4.17 million tokens on December 20 at 8:00 AM Beijing time, accounting for 1.97% of the current circulating supply, valued at approximately $2.3 million
December 21
None
December 22
None
Specific Time to be Announced
Metis restarts the decentralized sequencer program, with the related reward program to be launched next week
Metis, an Ethereum Layer2 network, announced the restart of the Decentralized Sequencer (DSEQ) program, aiming to drive network growth and innovation through improved reward mechanisms and ecosystem collaboration. The program includes node rewards (up to 5,000 METIS per month), node and LST protocol rewards (an additional up to 10,000 METIS per month), and special rewards to encourage outstanding contributions and ecosystem collaboration. Metis will also provide technical support and marketing subsidies to help projects expand their influence and increase transaction activity, while inviting community users to co-create value through interaction. The reward program will be launched next week, and the specific application details will be announced later.
Satoshi Act Fund will announce the launch of another "Strategic Bitcoin Reserve" bill next week
Dennis Porter, the co-founder and CEO of Satoshi Action Fund (SAF), posted on the X platform that they will announce the launch of another "Strategic Bitcoin Reserve" bill next week. The "Bitcoin Rights" bill recently passed by the Pennsylvania House of Representatives was drafted by the external Bitcoin advocacy group Satoshi Action Fund, which is the latest initiative to help lawmakers understand the nuances of blockchain technology and Bitcoin. SAF has successfully helped draft and pass similar legislation in 20 other states, with four bills becoming law in Oklahoma, Louisiana, Montana, and Arkansas.
Sonic Labs announces that the mainnet will be officially launched next week
Layer1 blockchain project Sonic Labs (formerly Fantom) announced that its mainnet will be launched (open to the public) next week.
ZachXBT: A vulnerability research worth over $25 million will be released next week
On-chain investigator ZachXBT posted on the X platform that "a vulnerability research worth over $25 million will be released next week. We plan to release it before the end of the year, so the exploiters can't enjoy the holidays."
