News Preview:
- After USD0++ lost its peg, Usual Protocol plans to activate the revenue switch function on January 13 to stabilize its ecosystem;
- Cheelee (CHEEL) will unlock about 20.81 million tokens worth about $169 million at 8 AM Beijing time on January 13;
- Shiba Inu ecosystem token TREAT will be launched on January 14;
- Degen will conduct a liquidity mining airdrop plan on January 15;
- Ethena: Derive (DRV) will be launched on January 15;
- In the SEC vs. Ripple case, the court has ordered the SEC's litigation briefs to be submitted by January 15, 2025 or earlier;
- The crypto industry will hold a ball to celebrate the inauguration of Trump and Vance on January 17;
- Ondo (ONDO) will unlock about 1.94 billion tokens at 8 AM Beijing time on January 18, with a ratio of 134.21% to the current circulating supply, worth about $2.41 billion
January 13
Exchanges:
Project Dynamics:
Token Unlocks:
Cheelee (CHEEL) will unlock about 20.81 million tokens worth about $169 million at 8 AM Beijing time on January 13
Polyhedra Network (ZKJ) will unlock about 17.22 million tokens at 8 AM Beijing time on January 13, with a ratio of 28.52% to the current circulating supply, worth about $33.2 million
World Mobile Token (WMTX) will unlock about 16.04 million tokens at 8 AM Beijing time on January 13, worth about $6.4 million
CYBER (CYBER) will unlock about 886,000 tokens at 10 PM Beijing time on January 13, with a ratio of 3.81% to the current circulating supply, worth about $2.7 million
Covalent X Token (CXT) will unlock about 26.9 million tokens at 8 AM Beijing time on January 13, with a ratio of 2.99% to the current circulating supply, worth about $2.5 million
Moonwell (WELL) will unlock about 38.54 million tokens at 8 AM Beijing time on January 13, with a ratio of 1.23% to the current circulating supply, worth about $1.8 million
January 14
Policy and Regulation:
Project Dynamics:
Shiba Inu ecosystem token TREAT will be launched on January 14
Renzo launches the BNSOL re-staking token bzSOL, minting will start on January 14
Decentralized AI platform Nodepay: the first airdrop will be conducted on January 14
The application for the 9th season of the BNB Chain MVB program will close on January 14 (UTC+8)
Token Unlocks:
Biconomy (BICO) will unlock about 7.5 million tokens at 8 AM Beijing time on January 14, with a ratio of 0.82% to the current circulating supply, worth about $2.1 million
January 15
Policy and Regulation:
Former U.S. federal prosecutor James K. Filan stated on X platform that in the SEC's lawsuit against Ripple, the Second Circuit Court of Appeals has issued an order requiring the SEC's litigation briefs to be submitted by January 15, 2025 or before.
Project Dynamics:
Ethena: Derive (DRV) to be launched on January 15
Ethena posted on X platform that Derive (DRV) will be launched on January 15, with 5% of the supply allocated to sENA stakers.
Degen: Liquidity mining airdrop program to be conducted on January 15
Degen announced on X platform that the liquidity mining airdrop program will be conducted on Wednesday, January 15 UTC, with the snapshot lasting until the end of January 14.
Alliance launches online hackathon Sprint, registration applications to close on January 15
Alliance announced the launch of its first online hackathon Sprint, with the winner having the opportunity to receive a $450,000 investment, and registration applications to close on January 15.
Korean film 'Crypto Man' to be released on January 15, 2025
The Korean film 'Crypto Man' will be released on January 15, 2025. The film is inspired by a cryptocurrency crash in South Korea that caused over 50 trillion won (about $349 billion) in losses. Director Hyun Hae-ri stated that the film aims to realistically portray the events and incorporate dark humor. The film stars the late actor Song Kang-ho, who passed away at his home in November 2024 and was ruled a suicide. In the film, Song plays entrepreneur Yang Do-hyun, who developed a token called "MOMMY" that initially saw great success but later faced regulatory issues. The film focuses on the obsession of young South Koreans with stocks and cryptocurrencies.
Token Unlocks:
Connex (CONX) will unlock approximately 4.33 million tokens on January 15 at 8:00 AM Beijing time, representing 376.3% of the current circulating supply, valued at approximately $85.8 million.
Starknet (STRK) will unlock approximately 64 million tokens on January 15 at 8:00 AM Beijing time, representing 2.65% of the current circulating supply, valued at approximately $27.6 million.
Sei (SEI) will unlock approximately 55.56 million tokens on January 15 at 8:00 PM Beijing time, representing 1.32% of the current circulating supply, valued at approximately $21.5 million.
Ethena (ENA) will unlock approximately 12.86 million tokens on January 15 at 3:00 PM Beijing time, representing 0.42% of the current circulating supply, valued at approximately $11.8 million.
Eigenlayer (EIGEN) will unlock approximately 1.29 million tokens on January 15 at 3:00 AM Beijing time, representing 0.61% of the current circulating supply, valued at approximately $4.1 million.
January 16
Exchanges:
OKX and Gate to list DUCK (DuckChain) spot trading on January 16
OKX will list DUCK (DuckChain) spot trading. DuckChain is the first EVM consumer layer blockchain on TON, aiming to provide developers with an EVM development environment to build Dapps on TON and Telegram. The DUCK/USDT spot trading will open at 6:00 PM (UTC+8) on January 16, 2025. Additionally, Gate.io will also list DuckChain (DUCK).
Binance to complete Fantom token rebranding to Sonic on January 16
Binance will support the Fantom (FTM) token rebranding to Sonic (S). On January 13, 2025 at 11:00 AM Beijing time, Binance will delist all existing FTM spot trading pairs and cancel all unfinished FTM spot trading orders. On January 16, 2025 at 4:00 PM Beijing time, Binance will open trading pairs for S/BTC, S/BNB, S/ETH, S/EUR, S/FDUSD, S/TRY, S/USDC, and S/USDT.
Coinbase International to list AERO, BEAM and DRIFT perpetual contracts on January 16
Coinbase International and Coinbase Advanced announced the addition of perpetual futures contracts for Aerodrome Finance, Beam, and Drift, with AERO-PERP, BEAM-PERP, and DRIFT-PERP markets expected to open on or after 5:30 PM Beijing time on January 16, 2025.
Token Unlocks:
Arbitrum (ARB) will unlock approximately 92.65 million tokens on January 16 at 9:00 PM Beijing time, representing 2.20% of the current circulating supply, valued at approximately $67.8 million.
January 17
Exchanges:
Binance to open SOLV/USDT trading on January 17
The Solv Protocol MegaDrop activity has begun, with a reward pool of 588 million SOLV, representing 7% of the genesis token supply. Binance will list SOLV and open SOLV/USDT, SOLV/BNB, SOLV/FDUSD, and SOLV/TRY trading pairs on January 17 at 6:00 PM, and will also mark SOLV as a "seed" token.
Project Dynamics:
Eternal AI will launch its first on-chain PFP series CryptoAgents designed for AI agents, inspired by CryptoPunks. The Mint details will be announced on January 17.
Community Events:
Voting for the 5th PANews PARTY AWARD annual selection to close on January 17
The PANews PARTY AWARD 2025 annual selection voting has been open from December 18, 2024 to January 17, 2025, lasting 30 days. Nearly 300 projects and individuals have been shortlisted through data screening, public registration, and community recommendations, and will compete for 22 authoritative annual awards. The final results will be announced on January 22. PARTY stands for PANews' Retrospect of The Year, and the event has been held for five consecutive years, attracting active participation from global Web3 entrepreneurs and quality projects. The theme of this year's selection is "Becoming Mainstream", aiming to discover and recognize Web3 projects, teams, and individuals that have been continuously building and striving to bring the industry into the mainstream.
Crypto industry to host a ball to celebrate the inauguration of Trump and Vance on January 17
The crypto industry will host an inauguration ball on January 17 to celebrate the inauguration of Trump and Vance. The event will be hosted by BTC Inc. and Stand With Crypto, and will be held at the Andrew W. Mellon Auditorium in Washington D.C. on Friday, January 17, 2025 at 8:00 PM local time. Tickets are priced at $2,500 each.
Token Unlocks:
ApeCoin (APE) will unlock approximately 15.6 million tokens on January 17 at 8:30 PM Beijing time, representing 2.16% of the current circulating supply, valued at approximately $17.3 million.
Echelon Prime (PRIME) will unlock approximately 750,000 tokens on January 17 at 8:00 AM Beijing time, representing 1.42% of the current circulating supply, valued at approximately $9.6 million.
Fusionist (ACE) will unlock approximately 1.8 million tokens on January 17 at 8:00 AM Beijing time, representing 3.95% of the current circulating supply, valued at approximately $3.3 million.
OmniFlix Network (FLIX) will unlock approximately 15.31 million tokens on January 17 at 8:00 AM Beijing time, representing 3.66% of the current circulating supply, valued at approximately $1.5 million.
January 18
Token Unlocks:
Ondo (ONDO) will unlock approximately 194 million tokens on January 18 at 8:00 AM Beijing time, representing 134.21% of the current circulating supply, valued at approximately $241 million.
UXLINK (UXLINK) will unlock about 26.56 million tokens at 8:00 AM Beijing time on January 18, accounting for 15.63% of the current circulating supply, valued at about $33.2 million
QuantixAI (QAI) will unlock about 232,000 tokens at 8:00 AM Beijing time on January 18, accounting for 4.79% of the current circulating supply, valued at about $19.6 million
Cloud (CLOUD) will unlock about 48.92 million tokens at 11:00 PM Beijing time on January 18, accounting for 27.18% of the current circulating supply, valued at about $8.5 million
QuantixAI (QAI) will unlock about 232,000 tokens at 8:00 AM Beijing time on January 18, accounting for 4.79% of the current circulating supply, valued at about $19.6 million
Hatom (HTM) will unlock about 2.55 million tokens at 8:00 AM Beijing time on January 18, accounting for 5.70% of the current circulating supply, valued at about $2.5 million
January 19
Token Unlocking:
Hooked Protocol (HOOK) will unlock about 4.17 million tokens at 8:00 AM Beijing time on January 19, accounting for 1.89% of the current circulating supply, valued at about $1.5 million
