Highlights for next week
ProShares files for five leveraged Bitcoin spot ETFs expected to take effect on April 1 ;
Ethena will airdrop ENA tokens to users on April 2 ;
Wormhole announced that it will open airdrop applications on April 3 ;
Backpack: The second phase of the Preseason snapshot will end at 16:00 on April 6 ;
From April 1st to April 7th, more noteworthy events in the industry are previewed as follows:
April 1
Odaily Odaily News Bloomberg Intelligence analyst Henry Jim posted on the X platform that ProShares has submitted five leveraged Bitcoin spot ETF applications to the SEC, namely: ProShares UltraShort Bitcoin ETF (-2 times), ProShares ShortPlus Bitcoin ETF ( -1.5x), ProShares Short Bitcoin ETF (-1x), ProShares Plus Bitcoin ETF (+1.5x), ProShares Ultra Bitcoin ETF (+2x).
These products track the daily performance of the Bloomberg Galaxy Bitcoin Index, with trading symbols/fees to be determined and tentatively scheduled to be effective on April 1.
Bloomberg analyst Eric Balchunas said there could be as many as a dozen similar product applications on the market within months.
Coinbase Derivatives to launch DOGE, LTC and BCH futures trading on April 1
Odaily Odaily News Derivatives exchange Coinbase Derivatives will launch monthly cash-settled futures contract trading for Dogecoin, Litecoin and Bitcoin Cash on April 1.
Coinbase has issued three letters to the U.S. Commodity Futures Trading Commission (CFTC) on March 7 detailing the size, settlement method (using Market Vector’s base rate) and structure of the three proposed futures contracts.
Coinbase is using the CFTC’s self-certification process to quickly list these futures contracts. This program allows exchanges to launch new products without waiting for direct approval from the CFTC, provided they confirm that the products comply with the Commodity Exchange Act and CFTC regulations. (The Block)
Odaily Odaily News HKVAEX recently announced that it will suspend services in phases starting from April 1, 2024, and its official website will be completely closed on May 1, 2024.
From now on, HKVAEX will no longer accept new user registration or virtual asset recharge services. The trading service will be closed at 23:59 on April 5, 2024. Users will not be able to place any new orders at that time, and all existing spot orders will be automatically canceled by the system.
According to news on March 29, the Hong Kong Securities and Futures Commission updated information on its website that the license application submitted by the virtual asset trading platform HKVAEX has been withdrawn. Relevant information shows that the date HKVAEX was removed from the virtual asset trading platform applicant list was March 28, 2024, and the date it submitted its license application was January 4, 2024. The reason for removal was "withdrawn."
The fifth round of Aptos Grant DAO quadratic funding will begin on April 1
Odaily Odaily reported that the Aptos Grant DAO, which aims to long-term support the Move and Aptos ecological Hacker projects and the BUIDL team, will start its fifth round of funding on April 1.
Aptos Grant DAO Round 6 will adjust the funding tracks. The latest eight tracks are NFT, Meme, Gaming, DeFi/Stable Coins, Infrastructure/Tooling, Community/DAO, ZK-Move, and Social.
According to official news from Odaily Odaily, the TON Foundation plans to launch the first season of the Open League on April 1 and will provide 30 million Toncoin community rewards, worth approximately US$115 million. The first season of Open League includes four systems: The League, Token Mining, Quests & Airdrops, and Liquidity Pool Boosts.
Odaily Odaily News zkSync announced on the Matter Labs will no longer be responsible for these fees, but it will not impact users who bridge funds through third-party cross-chain bridges.
Odaily Odaily According to official news, the decentralized social network protocol CyberConnect announced the launch of an Ecosystem Grants Program worth US$2 million, aiming to enhance community-led innovation and accelerate the adoption of on-chain social and Web3. It is reported that the funding The program will be offered in its native token CYBER, and the first round of pilots will contain CYBER worth a total of $150,000. Applications will open on April 1st and close on April 12th, and the winning projects will be announced on May 1st.
The AI companion project Palio will launch the PALIO POINT event on April 1
Odaily Odaily News The AI companion project Palio launched by chain game publisher Xterio announced on the X platform that the PALIO POINT event will start at 04:00 UTC on April 1.
April 2
Ethena will airdrop ENA tokens to users on April 2
Odaily Odaily reported that Ethena, a DeFi protocol that provides USDe tokens worth US$1.3 billion, announced plans to airdrop tokens to users on April 2. The protocol plans to airdrop 750 million ENA tokens, accounting for 5% of the total supply. The campaign to earn “points” that makes users eligible for token airdrops will end on April 1. Users who unstake, unlock, or sell all USDe before this date will not be eligible for the airdrop.
Odaily Odaily News QnA3.AI announced on the X platform that it will launch the second round of airdrops at 12:00 on April 2, and will issue 5 million GPT tokens. For users who missed or have not claimed the first round of airdrop rewards, please claim your points before March 15th, and the team will take a snapshot on March 15th. .
In addition, the project is expanding into multi-chain support, and part of the airdrop will reward users who interact with new sites and new chains.
Odaily Odaily News Sandbox MMORPG game Bitcraft announced on the X platform that it will release the Alpha version on April 2, and user registration is currently open.
Previously, Bitcraft development studio Clockwork Labs completed US$22 million in financing in June 2022, with investors including a16z.
April 3
Binance will stop supporting leveraged token services at 14:00 on April 3
According to the official announcement from Odaily Odaily, based on the latest review, Binance will stop supporting leveraged token services at 14:00 on April 3, 2024 (Eastern Eighth District time).
Binance will stop the trading and subscription services of leveraged token trading pairs at 14:00 on February 28, 2024 (Eastern Eighth District time), and subsequently terminate the redemption service and delist the leveraged tokens (the specific timeline is shown in the figure) ).
Binance will delist DREP, MOB, and PNT on April 3
Odaily Odaily News According to the official announcement, Binance will stop trading and delist the following currencies at 11:00 on April 3, 2024 (Eastern Eighth District time): DREP (DREP), Mobilecoin (MOB), and pNetwork (PNT).
Trading pairs to be removed: DREP/BTC, DREP/USDT, MOB/BTC, MOB/USDT, PNT/USDT. The withdrawal business of the above tokens will stop at 11:00 on July 3, 2024 (East Eighth District time).
Wormhole announced that it will open airdrop applications on April 3
Odaily Odaily News Wormhole announced on the X platform that it will open airdrop claims (Claim) at 11:30 am UTC time on April 3, 2024 (19:30 Beijing time).
Backpack will launch W (Wormhole) trading at 8pm on April 3
Odaily Odaily News Backpack announced on the X platform that it will launch W (Wormhole) trading at 8 pm on April 3, Beijing time.
Satoshi Lab and UTXO Management will co-host an online Bitcoin Demo Day on April 3
Odaily Odaily News Satoshi Lab and UTXO Management jointly announced that they will hold an online demoday "Satoshi Lab's Bitcoin Ecosystem Startups Demo Day Session 2" on April 3 and display it at offline peripheral events during the Bitcoin Asia Conference in May. their innovations.
This event is co-organized by Satoshi Lab and UTXO Management and aims to promote the most groundbreaking projects in the Bitcoin ecosystem and related fields. Bitcoin projects are now being recruited to sign up. The activity process includes online registration, online project display, and offline demo display in May. This process aims to provide a powerful platform for entrepreneurial projects and influence the future development of blockchain and digital currencies. pattern.
April 4
Odaily Odaily reported that the Nigerian government accused Binance of being involved in money laundering, involving a total amount of US$35.4 million. Binance is currently facing two separate criminal charges in Nigeria after the EFCC filed documents on Thursday. Nigeria’s Federal Revenue Service, the country’s tax agency, has accused the exchange of tax evasion. In addition to criminal proceedings, the Nigerian government is seeking to extend the detention of Binance executives. The case will continue to be heard on April 4. (DLNews)
Odaily Odaily News According to official news, Justin, the founder of Jupiter LFG Launchpad’s first public offering project Zeus Network, revealed in a live broadcast that the project’s public offering time has been confirmed as April 4, 2024. It is reported that Zeus Network will also provide other benefits to users who have previously participated in Launchpad voting, including: providing additional ZEUS token rewards to voters, and voters will have exclusive access to the test network of Zeus Network’s first dApp APOLLO next week, and Exclusive characters can be claimed in Zeus Network's official Discord.
Odaily Odaily News According to official news from Polkastarter, the Web3 game information platform GAM 3 S.GG plans to launch a private sale on its platform on April 4. The total raised funds are approximately US$500,000, and the private sale price of G 3 tokens is 0.03 US dollars, FDV is 30 million US dollars, the token will be unlocked by 10% at TGE, with a 3-month cliff period and a 12-month linear release.
GAM 3 S.GG reminds that its team members will not private message users under any circumstances, please be careful of fake addresses and scammers, G 3 tokens will only be available after the Polkastarter IDO.
Odaily Odaily According to official news, Pixels Farm Land NFT is now online on Ronin. Users can use RON tokens to purchase Farm Land NFT on Mavis Market, and use Ronin Bridge to bridge Farm Land from Ethereum to Ronin. It is reported that the Pixels team plans to take a snapshot at 8 pm UTC on April 3 (4 am Beijing time on April 4).
April 5
ETHGlobal announces 2024 Hackathon schedule, Scaling Ethereum 2024 will launch on April 5
Odaily Odaily News ETHGlobal officially announced the 2024 schedule and announced that it will hold 20 hackathon events, including LFGHO (January 12-January 24), Circuit Breaker (February 2-21), Pragma Denver ( February 28), Pragma London (March 14), ETHGlobal London (March 15-17), Scaling Ethereum 2024 (April 5-26), Pragma Sydney (May 2), ETHGlobal Sydney (May 3-5), Pragma Brussels (July 11), ETHGlobal Brussels (July 12-14), ETHOnline 2024 (August 23-September 13), ETHGlobal Singapore (9 October 20-22), Pragma San Francisco (October 15-17), ETHGlobal San Francisco (October 18-20), ETHGlobal Devcon 2024 (tentatively scheduled for November) and 5 other additional events.
Odaily Odaily reported that Wayfinder, a decentralized AI interaction protocol launched by blockchain game Parallel, announced that it will airdrop Command Prompt Keys to some addresses on April 5. The specific airdrop standards have not yet been disclosed.
It is reported that Command Prompt Keys are not transferable, but their holders will be able to make preliminary governance decisions on the affairs of the Wayfinder Foundation.
April 6
Backpack: Preseason second phase snapshot will end at 16:00 on April 6
Odaily Odaily News Backpack posted on the .
April 7
None yet
Others (specific time to be determined)
Elon Musk: Grok 1.5 should be available on X next week
Odaily Odaily reported that Elon Musk posted on the X platform that Grok 1.5 should be available on the X platform next week. Grok 2 should outperform the current AI on all metrics and is now being trained.
KuCoin will announce an airdrop plan for large-scale loyal users next week
Odaily Odaily reported that due to withdrawal congestion that occurred from March 26 to March 28, KuCoin announced that it would launch an airdrop plan totaling more than $10 million to apologize to affected users. Affected users will receive BTC/KCS airdrops equivalent to US$5 to US$200 based on the withdrawal congestion period, and the distribution is expected to be completed within a week.
The airdrop will be issued in the form of tokens, which users can exchange for BTC/KCS tokens at a 1:1 ratio within 7 days. For existing users who hold a large amount of assets in their accounts between 22:00 on March 26 and 00:00 on March 28 (UTC+ 8) and have not withdrawn their funds, KuCoin will launch a larger airdrop plan for them. Specific details will be announced next week.
Base plans to double target throughput next week
Odaily Odaily reported that Base developer Roberto Bayardo posted on the X platform: "Last week I said that we could double the execution throughput of Base without any problems, but also pointed out that we need to be cautious before taking any action .
We performed on-chain benchmarks on typical hardware used by current node operators, simulating the effect of increasing our orderer throughput to three times the current target. In this benchmark test, we evaluated the 2x and 3x Gas target increases from a node operation perspective and found that the CPU usage increased, but within a suitable threshold. These results leave us satisfied with the following plans:
Starting tomorrow (March 27th local time), we will increase the target throughput by 50% and observe the impact. If all goes well, the goal next week is to increase throughput one more time, to at least double today's goal. Node operators need to pay close attention to their nodes during this period and please inform them in time if they encounter any problems. In addition to increasing target throughput, we are also working to manage state growth, improve Ethereum L1 data availability, and further scale execution. "
Odaily Odaily reported that Merlin ecological DEX MerlinSwap posted on the X platform that it has begun to distribute esMP token airdrops. esMP token recipients can choose to unlock and release their MP tokens starting at 14:00 on March 28, Singapore time. Additionally, they can choose to keep the tokens in their wallet to explore upcoming features.
MerlinSwap will hold a community call next week to discuss the future empowerment of esMP tokens, including Farming Boosting, distribution of the remaining 16% airdrop voting rights, ecological utility and other agendas.
The Surf Protocol testnet has ended and the mainnet is planned to be launched next week
Odaily Odaily News According to official news, the decentralized contract exchange Surf Protocol announced that the test network will end today and the mainnet will be launched next week. Disclosure data shows that a total of more than 30,000 wallet addresses participated in the test network, and the total transaction volume reached US$250 million. Surf Protocol reminds the community to "please be prepared for what happens next" and may issue airdrops to reward testnet users.
Orderly Network plans to launch points program The Road to The Order next week
Odaily Odaily News DeFi infrastructure provider Orderly Network stated that it plans to start a points program called "The Road to The Order" next week and will airdrop tokens. Ran Yi, co-founder and CEO of Orderly Network, said that users Points can be earned, which will be converted into Orderly Network tokens at launch, but declined to comment on the conversion ratio as there is "some flexibility" in the design of the program. It is reported that the total supply of the token will be 1 billion, and most of the token supply will flow to the community. (TheBlock)
