Take a look at the most noteworthy industry events and important project developments in the coming week.
- CZ will be released from prison on September 29.
- Caroline Ellison will be sentenced in a New York court on September 24.
- The on-chain perpetual DEX LogX conducted TGE on September 24.
- Eigenpie token EGP will end IFO on September 25 and will be listed on the exchange.
- The Hamster Kombat token HMSTR was launched on September 26th.
This week (September 23-September 29, 2024), Web3 events are not to be missed. The following is a preview of this week’s highlights:
Foresight News calendar updated in real time
Click here to subscribe to the Foresight News calendar
Important Events
EU regulators have introduced a standardized classification of crypto assets under MiCA, with an online public hearing to be held on September 23 and a public consultation deadline of October 12.
Former Alameda Research CEO Caroline Ellison will be sentenced in a New York court on September 24, 2024. Caroline Ellison was the ex-girlfriend of former FTX CEO Sam Bankman-Fried and pleaded guilty in December 2022. The charges Caroline Ellison faces include two counts of conspiracy to commit wire fraud, two counts of actual wire fraud, and one count of conspiracy to launder money, with a maximum sentence of 110 years in prison. However, because she has cooperated with prosecutors, the sentence may be lighter.
CZ's release date is September 29. Previously, on April 30, U.S. District Judge Richard Jones sentenced CZ to four months in Seattle Prison. With the active intervention of CZ's legal team, CZ imprisonment time was postponed to late May.
Project Progress
Chromia will launch the native staking function on September 24. After the launch of native staking, users can stake CHR tokens on Chromia, Ethereum and Binance Smart Chain, with an annualized return of 10% plus a share of network fees. The old EVM staking system will stop issuing rewards on September 28, 2024, and users have 6 months (until April 1, 2025) to claim unclaimed EVM rewards.
WalletConnect has been renamed Reown, and the native token Connect Token (WCT) will be available for airdrop registration on September 24. The airdrop qualification structure is based on the usage of the WalletConnect network.
The network upgrade and hard fork of opBNB Chain will be carried out at 14:00 on September 24, 2024. Binance will suspend token deposits and withdrawals on opBNB Chain from around 13:45 on September 24, 2024, to support the network upgrade and hard fork of opBNB Chain.
The on-chain perpetual DEX LogX will hold a TGE on September 24, and token claiming and staking will be launched at 14:00 on September 24. In the token economic model of LogX, the core team will be allocated 16% of the total; investors and consultants will be allocated 17% of the total; the first quarter airdrop will be allocated 12% of the total; the foundation will be allocated 15% of the total; and the future community reward will be allocated 40%. LOGX tokens can obtain a share of all net income and related ecological airdrops.
The IDO of Eigenpie, the Ethereum liquidity re-staking protocol, is scheduled to end at 21:00 on September 24. In addition, Eigenpie will conduct an IFO on PancakeSwap at 18:15 on September 24, which will last until 18:15 on September 25. Participation methods include a basic IFO for all CAKE holders and a public IFO that provides fee reductions for veCAKE holders. Bitget will launch Eigenpie (EGP) on September 25.
Solana DeFi derivatives platform Zeta Markets will conduct a ZEX staking airdrop, with 20 million tokens to be distributed to more than 14,000 early stakers. The deadline for claiming tokens is 17:45 on September 25. In addition, the tokens will be issued in the form of gZEX and unlocked linearly over 3 months (the shortest duration for airdrop unlocking).
The EOS (EOS) network upgrade and hard fork will take place around 22:00 on September 25. Binance will suspend deposits and withdrawals of tokens on the EOS (EOS) network starting at 21:00 on September 25 to support its network upgrade and hard fork.
Hamster Kombat token HMSTR will be launched on September 26. HMSTR will be listed for trading on exchanges such as Binance, OKX, Bitget, Gate.io, etc. at 20:00 on September 26.
UniSat will open source the brc-20 index implementation code on Fractal on September 25. In addition, the team has completed the evaluation of the CAT20 protocol and plans to integrate it into the UniSat wallet after determining the engineering implementation plan next week.
BNB Chain plans to perform a Bohr hard fork upgrade on the BSC mainnet on September 26. The Bohr hard fork includes four BEPs (Binance Chain Evolution Proposal): BEP 341 (will enable validators to produce continuous blocks), BEP 402 (can complete the missing fields in the block header to generate signatures), BEP 404 (clear miner history when switching validator settings), and BEP 410 (add proxy for validators).
Polygon plans to conduct the Ahmedabad fork hard fork at around 16:00 on September 26, and nodes must upgrade the mainnet before block height 62,278,656.
ether.fi Season 3 ETHFI claims are open from September 23rd to 27th.
IMX Marketplace will cease operations on September 27. Immutable said that IMX Marketplace was built to showcase the functions that developers can use through the Immutable SDK, and now it will focus on supporting third-party markets rather than maintaining its own trading platform.
The blockchain game Space Nation will have a soft launch on September 27. The soft launch will be conducted in two phases. The character level cap will be 50 in the first 6 weeks, and the first season of the guild planet occupation war will be launched in the second 6 weeks. After the soft launch, the game will enter the global launch phase, when the Space Nation DAO will also begin to be established.
The first quarter of Parcl's "Perpetual Points" program will be unlocked in three phases. Phase 1 is from July 15 to September 29: the qualification requirement is to pledge at least 50% of the PPP Quarter 1 allocation; Phase 2 (October 1 to November 30): the qualification requirement is to hold 50% to 99.9% of the PPP S1 allocation; Phase 3 (December 1 to December 31): the qualification requirement is to pledge less than 50% of the allocation. All unlocking plans will be completed before December 29, 2024.
Upcoming Events
The application deadline for BNB Chain’s MVB Season 8 has been extended to 23:59 on September 25.
Paradigm has announced that it will launch the Paradigm Fellowship 2024 from September 25 to 29, and applications are currently open until July 22. The Paradigm Fellowship is a program that brings together cryptocurrency game engineers and researchers.
Token Unlock
According to Token Unlocks data, this week VENOM, YGG and AGIX will have a one-time large-scale token unlock, with a total release value of over 35 million US dollars, including:
Venom (VENOM) will unlock 235 million tokens at 16:00 on September 25, worth approximately $25.55 million, accounting for 12.66% of the circulation;
Yield Guild Games (YGG) will unlock 14.08 million tokens at 22:00 on September 27, worth approximately $6.5 million, accounting for 3.65% of the circulation;
SingularityNET (AGIX) will unlock 8.19 million tokens at 8:00 on September 28, worth approximately $5.82 million, accounting for 1.63% of the circulation;
Galxe (GAL) will unlock 416,000 tokens at 8:00 on September 24, worth approximately US$991,000, accounting for 0.33% of the circulation.
Proposal Voting
The deadline for voting on the Aleph Zero community proposal to "determine the maximum supply of AZERO" is September 23.
The vote for the Alliance of Super Artificial Intelligence (ASI) to include cloud computing and blockchain platform Cudos in the alliance is open until September 24, and the community can decide whether Cudos should join and merge its native token Cudos (CUDOS) with the ASI Alliance, which currently includes SingularityNET, Ocean Protocol and Fetch.ai.
The blockchain application platform Lisk has launched a vote to "keep or destroy 100 million LSK tokens" (25% of the total upper limit supply of 400 million). The vote is scheduled to take place on the new Lisk DAO on September 24 and will last for 7 days until October 1. If the community chooses to allocate to the DAO fund, 100 million LSK tokens will be allocated to the Lisk DAO fund. These tokens will belong to the fund from 2027 to 2033, with 15 million LSK tokens distributed each year for six years and 10 million in the seventh year. If the community chooses to destroy, 100 million LSK tokens will be permanently removed from the total supply.
DeFi protocol Sky (formerly MakerDAO) issued a second notice regarding the withdrawal of WBTC-A, WBTC-B, WBTC-C and WBTC from SparkLend. It is expected that the withdrawal process will start with the vote on September 26, 2024.
