Compiled by: Fairy, ChainCatcher
Key News:
- Ripple's stablecoin RLUSD is expected to be officially launched on December 4, 2024
- Cboe plans to launch the first cash-settled index options related to the Bitcoin price on December 2
- Bitwise expects to convert its three futures-based ETFs into a single ETF on December 3
- Gala Film announces the release of the FILM token on December 5
- The US will release the November non-farm payroll data
- Fed Chair Powell is invited to be interviewed at the DealBook/Summit conference
December 2 (Monday)
Cboe plans to launch the first cash-settled index options related to the Bitcoin price on December 2
Cboe plans to launch the first cash-settled index options related to the spot Bitcoin price on December 2.
These options will be regulated by the US Securities and Exchange Commission (SEC), based on the new Cboe Bitcoin US ETF Index (Ticker: CBTX), which is the first US spot Bitcoin ETF index in the market: a modified market-cap weighted index designed to track the performance of a basket of spot Bitcoin ETFs listed in the US.
The design of the Cboe Bitcoin U.S. ETF Index is also correlated with the spot Bitcoin price, making it a representative indicator for measuring the asset.
Previous news indicated that CBOE plans to launch the first cash-settled options product related to spot Bitcoin next week.
Anzen Finance's ANZ public sale will start on December 2, and the first season community airdrop will also be conducted
Anzen Finance, the issuer of the RWA stablecoin USDz, has announced the token economics of its governance token ANZ. The total supply of ANZ tokens is 10 billion, with an initial circulating supply of 10.7%.
- 5% of the supply is allocated for airdrops to users who have contributed to the early development of the Anzen ecosystem. The airdrops have no vesting, but the first 500 wallets will vest 50% within 6 months;
- 42.7% is for the ecosystem, which will be used to reward users (including USDz stakers, USDz-USDC LPs, and USDz bond holders);
- 20.6% for investors, 5% for core contributors, 20% for the foundation, and 6.7% for the Launchpad sale.
The public sale of ANZ will start on December 2 on Fjord Foundry and Starship, and Anzen's first season community airdrop will also be conducted at the same time.
MoveDrop will allocate 10% of the total token supply to the community, and users need to complete the relevant registration by December 2 or they will lose the eligibility to claim
The Movement Network Foundation has announced the MoveDrop airdrop plan, aiming to reward early users and community members of Movement. MoveDrop will allocate 1,000,000,000 $MOVE (10% of the total supply) to the community, with eligible users including: Road to Parthenon participants, Battle of Olympus winners, Gmovers, designated community members, and Movement testnet builders.
Users can visit the MoveDrop website and register, with the deadline being 2 PM UTC on December 2, 2024. After the TGE (soon to come), users can check their MoveDrop eligibility and claim the airdrop. Failing to register on time will result in the loss of eligibility for the MoveDrop.
Users can choose to receive the $MOVE on the Ethereum mainnet, or wait until the launch of the Movement Network mainnet (coming soon) to receive the $MOVE, which will result in a 1.25x reward multiplier. The Movement Network Foundation also stated that they plan to distribute more $MOVE tokens in future events.
Previous news from yesterday, the Movement Network Foundation has announced the token economics of its $MOVE token, with a total supply of 10 billion $MOVE. The initial circulating supply is around 22%, and 60% of the total supply will be allocated to the community, including the ecosystem and community, the foundation, and the initial claims.
December 3 (Tuesday)
OKX will delist the GFTUSDT perpetual contract trading
According to the official announcement, OKX will delist the GFT margin trading pair and perpetual futures.
- Perpetual contract trading: GFTUSDT will be delisted on December 3, 2024 at 4:00 PM (UTC+8);
- Leverage trading and spot lending: GFT/USDT will be delisted from 2:00 PM to 4:00 PM (UTC+8) on December 2, 2024.
Bitwise expects to convert its three futures-based ETFs into a single ETF on December 3
According to CoinDesk, Bitwise announced on Friday the launch of the Bitwise Trendwise Bitcoin and Treasury Bond Rotation Strategy ETF (BITC), which combines Bitwise's Bitcoin Strategy Optm Roll ETF (BITC), Bitwise Ethereum Strategy ETF (AETH), and Bitwise Bitcoin and Eth Eq Wgh Str ETF (BTOP).
Bitwise stated in a release that the recently launched spot Bitcoin and Ethereum ETFs have reduced the appeal of crypto futures-based funds for investors seeking long-term capital appreciation. The new fund will allow asset managers to rotate between a 100% exposure to crypto futures contracts and a 100% exposure to US Treasuries based on market trends, better managing the volatility of the crypto market. Bitwise is converting its three futures-based ETFs into a single ETF, with the conversion expected to take place on December 3.
December 4 (Wednesday)
The FSCA of South Africa has not yet restored the license of the South African crypto exchange Banxso, and the case is scheduled for re-examination on December 4
The Financial Sector Conduct Authority (FSCA) of South Africa announced that although the High Court of the Western Cape has set aside the preservation order against the South African crypto exchange Banxso (Pty) Ltd, Banxso's Financial Service Provider (FSP) license remains revoked.
Furthermore, the company is prohibited from conducting any financial services business, and its funds can only be used to migrate clients to other FSCA-authorized financial service providers. The Banxso case is tentatively scheduled for re-examination on December 4, 2024, and the FSCA is investigating the activities of Banxso and its management.
Ripple is expected to receive NYDFS approval to issue the stablecoin RLUSD, which is scheduled to be officially launched on December 4, 2024
According to a report from FOX Business, sources have revealed that Ripple is expected to receive approval from the New York Department of Financial Services (NYDFS) to issue the stablecoin RLUSD, which is expected to be officially launched on December 4, 2024.
Currently, the XRP market capitalization has reached $99 billion, ranking it the fifth largest cryptocurrency globally. As an institution with NYDFS regulatory approval, Ripple will collaborate with payment service providers such as Bitstamp, Moonpay, and Uphold to launch the stablecoin.
The stablecoin aims to meet customer demand for low-volatility digital currencies, while also promoting further development of cross-border payments and remittance transactions. Previously, Ripple also established an RLUSD advisory board, with members including former FDIC Chair Sheila Bair, former JPMorgan executive David Puth, and Ripple co-founder and Executive Chairman Chris Larsen.
Clanker plans to distribute user fee sharing earnings on December 4
Base ecosystem AI Agent Clanker posted on the X platform that it plans to distribute user fee sharing earnings on December 4.
December 5 (Thursday)
Gala Film announces the release of FILM token on December 5
According to official information, Gala Film has announced that it will release the FILM token on December 5 as the official reward and utility token of the platform.
Japanese crypto exchange Coincheck is expected to go public in the US SPAC in December, and its merger company will hold a shareholders' meeting on December 5
According to CoinDesk, Monex Group, a Japanese securities firm and crypto exchange operator, announced today that its subsidiary Coincheck Group BV (CCG) has had its registration statement (Form F-4) filed with the US Securities and Exchange Commission (SEC) become effective on November 12, which will greatly advance the process of the crypto exchange's listing on the Nasdaq in the United States.
According to the published schedule, the special purpose acquisition company (SPAC) Thunder Bridge Capital Partners IV (THCP) will hold a shareholders' meeting on December 5, and the merger is expected to be implemented around December 10. CCG's stock (stock code: CNCK) is expected to start trading on the Nasdaq the next trading day after the merger is completed.
This listing of Coincheck is achieved through the merger with THCP announced in March 2022. The initial plan was to complete it in the second half of that year, but it has since undergone three contract changes, in May 2023, May 2024 and October 2024, before finally obtaining SEC approval.
Fed Chair Powell invited to be interviewed at the DealBook/Summit conference
At 2:45 am Beijing time on December 5, Fed Chair Powell was invited to be interviewed at the DealBook/Summit conference hosted by The New York Times.
Farcaster plans to launch a more feature-rich update on December 6
According to Cointelegraph, Farcaster, the founder of the decentralized Web3 social protocol, Dan Romero, has detailed the update of Frames, which had previously caused the protocol's user base to surge 400% in a week. Romero said in an X post introducing the Frames v2 specification: "The new Frame standard will support interactive applications, on-chain transactions, and user notifications, which will drive the emergence of many new social applications."
In addition, in another post linking to the Frames v2 developer preview, Romero said: "We have significantly improved the reliability and speed of transactions and signed messages on mobile devices using the Mobile Wallet Protocol and Rainbow." Romero emphasized that the new Frames specification will be launched on web and mobile on November 27, and the more feature-rich update will be launched on December 6. According to the complete specification on GitHub, the fully stable version is expected to be released in January or February next year.
December 6 (Friday)
The US will release November non-farm payroll data
At 9:30 pm Beijing time on December 6, the US will release the seasonally adjusted non-farm payroll for November.
Unspecified time
Omni Network will launch its private mainnet next week
The interoperability protocol Omni Network has announced that it will launch its private mainnet next week, with the current progress at 95%.
Omni is an interoperability layer for Ethereum, allowing developers to program global applications across the entire Ethereum Rollup ecosystem. When building applications, developers will no longer be forced to build within the scope of a single Rollup or execution environment.
