A look at the most noteworthy industry events and project updates to watch for in the coming week.
- The EigenLayer token EIGEN will be transferable starting at 12:00 PM Beijing time on October 1.
- Approximately $107 million worth of SUI will be unlocked on October 1.
- The US vice presidential candidate debate is scheduled to take place on October 1 (October 2 Beijing time).
- Mainnet 2024 will be held in New York, USA from September 30 to October 2.
- The application deadlines for various events by a16z, Aptos, Blast, and Arbitrum are on September 30.
This week (September 30 - October 6, 2024) is packed with major Web3 events. The image below previews the exciting highlights:
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Important Events
The US SEC has extended the deadline to make a decision on the Hashdex Nasdaq Crypto Index ETF to September 30.
The US vice presidential candidate debate is scheduled to take place on October 1 (October 2 Beijing time). The current senator JD Vance and Minnesota Governor Tim Walz will participate, but it is unclear if they will discuss cryptocurrency-related issues. Vance, who was appointed as the Republican vice presidential candidate in July, disclosed in his annual report last year that he held between $100,000 to $250,000 worth of Bitcoin through Coinbase as of 2022. Vance also has accounts with brokerages Robinhood and Charles Schwab. He has not yet filed his 2023 financial disclosure. His current net worth is estimated to be at least $5 million, and at most $10.5 million. Vance is also one of the lawmakers supporting cryptocurrency legislation, and is involved in drafting a bill that would reform how US financial regulators oversee digital assets.
The Cyprus Securities and Exchange Commission (CySEC) has suspended the license of FTX Europe until September 30, 2024.
The UK Financial Conduct Authority (FCA) has charged an individual for operating an illegal crypto ATM network. The defendant will appear in Westminster Magistrates' Court on September 30, 2024.
The Web3 fantasy sports platform Sorare will appear in Birmingham Magistrates' Court on October 4 to respond to the UK regulator's unlicensed gambling charges.
Project Updates
BNB Chain plans to release the mainnet version integrating the Erigon 3 Ethereum client and the Parlia protocol on September 30, while continuing to support Erigon 2 for a period to ensure a smooth transition.
Blockchain platform Chromia announced that it will end the MVP mainnet phase on September 30, after which the network will transition to the "Chromia Mainnet".
The second season Ethena Labs ENA airdrop will be open for claiming on September 30.
The decentralized settlement protocol Kima Network will conclude its Season 2 airdrop campaign on September 30.
OneKey has issued an announcement regarding the discontinuation of the OneKey Card. The shutdown will be implemented in three phases, with phase one (September 30, 2024) disabling registration and top-up functions, while users can still consume and withdraw. In phase two (October 31, 2024), all cards will be automatically deleted, and the remaining balances will be transferred to users' OneKey Card wallets. Phase three (January 31, 2025) will mark the complete termination of the OneKey Card service.
Polygon plans to launch the Eggfruit upgrade on the Polygon zkEVM Mainnet Beta on September 30. The upgrade includes the introduction of a new sequencer, which will better order transactions, as well as increased stability and computational capacity for the Polygon zkEVM Beta.
The Safe{Pass} first season points program continues until September 30, 2024, where users can earn points by interacting with Safe smart accounts and locking SAFE tokens to qualify for increased point rewards.
Terraform Labs, the developer of the Terra blockchain, is in negotiations with third parties to take over the operation of some of its products and services. If the negotiations fail, Terraform Labs will shut down the affected products and services on October 30, 2024. The impacted products include Enterprise, Warp, Station wallet, and Alliance Hub. The affected services are Finder block explorer, Foundation, IBC relayer, as well as Mantlemint, FCD, and API services.
UniSat has announced that its decentralized trading platform PizzaSwap will launch on the Fractal mainnet on September 30.
Bitget will list the Launchpool project CATS (CATS), with a total prize pool of 19.5 billion CATS. The staking period will be open from September 30, 18:00 to October 7, 18:00.
Upcoming Events
The application deadline for the a16z GAMES SPEEDRUN 004 accelerator program is September 30. The registration deadline for the Aptos hackathon Code Collision is September 30, with a total prize pool of $500,000 covering tracks such as DeFi/RWA, Gaming/Non-Fungible Tokens, AI/DePIN, Social, and other innovations. The application deadline for Blast's 10-week Mobile Big Bang Bootcamp is September 30, and the program will run from October 14 to December 20, providing $250,000 in funding support for selected development teams. Any teams wanting to build on or already building on Blast can apply. Mainnet 2024 will be held from September 30 to October 2 in New York, USA. Arbitrum has announced that the 8-week Security Subsidy Fund (SSF) will open for applications at 8:00 AM on October 1 and close at 7:59 AM on October 15. During the program, the SSF will allocate $2.5 million worth of ARB to subsidize the cost of approved security services for applicable projects in the Arbitrum ecosystem, and Arbitrum encourages all projects in need of security services to apply, with successful applicants eligible for subsidies from the 9 security service providers in the Arbitrum DAO whitelist. Blockchain Expo World will be held in Amsterdam, the Netherlands, from October 1 to October 2, 2024. The Blockchain Association of the United States will host an event on Capitol Hill on October 2, where CESS will showcase DePIN technology to members of Congress and discuss the future of decentralized networks and their potential roles in critical industries such as data storage, energy, and telecommunications, together with projects like Helium and Filecoin. BuidlerDAO, in collaboration with ten global universities, will host an AI x Crypto summit in New York on October 3 at 9:00 AM, with guests from a16z, Dragonfly, Draper, Pantera, Solana, NEAR, Akash, Sonic, and Flock.i. Uweb will hold an online "Master's Frontier Course" event on October 3 at 8:30 PM, hosted by Uweb President Yu Jianing, with other guests including Jackson. NEAR and Delphi Labs have launched an AI accelerator program, with the application deadline on October 4 and the program starting on October 14. The Future of Bitcoin Conference will be held in Antwerp, Belgium, on October 5.Token Unlocks
According to Token Unlocks data, tokens such as SUI, OP, and IMX will see large-scale unlocks next week: Sui (SUI) will unlock approximately 64.19 million tokens on October 1 at 8:00 AM, accounting for 2.40% of the current circulating supply, valued at approximately $107 million. Optimism (OP) will unlock approximately 31.34 million tokens on September 30 at 8:00 AM, accounting for 2.50% of the current circulating supply, valued at approximately $60 million. Immutable (IMX) will unlock approximately 32.47 million tokens on October 4 at 8:00 AM, accounting for 2.02% of the current circulating supply, valued at approximately $59 million. ZetaChain (ZETA) will unlock approximately 53.89 million tokens on October 1 at 8:00 AM, accounting for 13.43% of the current circulating supply, valued at approximately $39 million. dYdX (DYDX) will unlock approximately 8.33 million tokens on October 1 at 8:00 AM, accounting for 1.32% of the current circulating supply, valued at approximately $9 million. Maverick Protocol (MAV) will unlock approximately 36.40 million tokens on October 1 at 8:00 AM, accounting for 9.56% of the current circulating supply, valued at approximately $9 million. Liquity (LQTY) will unlock approximately 18.53 million tokens on October 2 at 8:00 AM, accounting for 0.05% of the current circulating supply, valued at approximately $7.5 million. Cardano (ADA) will unlock approximately 18.53 million tokens on October 2 at 8:00 AM, accounting for 0.05% of the current circulating supply, valued at approximately $7.5 million. Galxe (GAL) will unlock approximately 2 million tokens on October 1 at 8:00 AM, accounting for 1.57% of the current circulating supply, valued at approximately $4.9 million. Manta Network (MANTA) will unlock approximately 1.87 million tokens on October 1 at 7:59 AM, accounting for 0.50% of the current circulating supply, valued at approximately $1.8 million.Proposal Voting
Jupiter has launched a voting proposal on the "unclaimed 2.15 billion JUP tokens", with the voting ending on October 1. Users have three choices in this vote: 1. Provide an additional year of funding for ASR; 2. Burn the tokens; 3. Return them to the community multi-signature.
Blockchain application platform Lisk has initiated a vote on "retaining or burning 100 million LSK tokens" (25% of the total supply cap of 400 million). This vote will 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, the 100 million LSK tokens will be allocated to the Lisk DAO fund. These tokens will be vested in the fund from 2027 to 2033, with 15 million LSK tokens distributed each year for the first six years and 10 million in the seventh year. If the community chooses to burn, the 100 million LSK tokens will be permanently removed from the total supply.
