Daily Report ｜Sun Yuchen: The bull market is here, we need to work hard; PancakeSwap proposes to reduce the maximum supply of CAKE to 450 million tokens
HashKey Exchange will conduct system maintenance on December 23 at midnight; Apple releases emergency updates for macOS, iOS, iPadOS, tvOS, and watchOS to address security vulnerabilities.Organizer: Luan Peng, ChainCatcher
"What Important Events Happened in the Last 24 Hours"
1. Justin Sun: The Bull Market is Here, Time to Work Hard
According to ChainCatcher, Justin Sun posted on X stating: "The bull market is here, time to work hard." (Source link)
2. HashKey Exchange to Conduct System Maintenance on December 23
According to the official announcement, HashKey Exchange will begin system maintenance at 0:00 on December 23 (Saturday), lasting approximately one hour. During this time, the virtual asset deposit and withdrawal functions will be suspended, but fiat currency deposit and withdrawal functions will not be affected. (Source link)
3. PancakeSwap Proposes to Reduce CAKE Maximum Supply to 450 Million
According to ChainCatcher, PancakeSwap has proposed to reduce the maximum supply of CAKE tokens from the current 750 million to 450 million. This proposal is currently in the discussion stage, and community feedback will be collected before the proposal is published. The current circulating supply of CAKE is approximately 388 million. (Source link)
4. Apple Releases Emergency Updates for macOS, iOS, iPadOS, tvOS, and watchOS Due to Security Vulnerabilities
According to ChainCatcher, Blockfence has issued a reminder that due to frequent exploitation of security vulnerabilities, Apple has released emergency updates for macOS, iOS, iPadOS, tvOS, and watchOS. Users are urged to update to the following versions as soon as possible: iOS 17.2.1, iPadOS 17.2, macOS 14.2.1, tvOS 17.2, watchOS 10.2. (Source link)
"What Exciting Articles are Worth Reading in the Last 24 Hours"
1. “Exploring Investment Opportunities in the DePIN Track”
DePIN, or Decentralised Physical Infrastructure Networks, incentivizes user participation through token rewards for physical resource networks (PRN) or digital resource networks (DRN), aiming to optimize resource utilization efficiency and provide value to network users.
The opportunity in this track lies in the ability to fully utilize idle resources, breaking the drawbacks and bottlenecks of centralized service providers. Meanwhile, the sustainable development capability of the project also depends on whether its advantages can create sufficient moats to avoid being replaced by other networks. Possible advantages include the resource capacity, density of network nodes, and a sound economic system. This article will introduce potential investment opportunities in the DePIN track from four categories: sensors, servers, wireless networks, and computing resources.
2. “A Comprehensive Overview of the Bitcoin Ecosystem”
2023 is an important year for the Bitcoin ecosystem to reach new heights. Against the backdrop of significant challenges in both digital assets and traditional markets, as the year draws to a close, the Bitcoin-related ecosystem has awakened from its slumber. Although the surge in inscriptions has led some to remain opposed, it is undeniable that market enthusiasm has also brought about a return of the "builder culture" to Bitcoin. This momentum has driven a wave of innovation in Bitcoin, with the most notable aspect being the narrative of market enthusiasm for inscriptions being conveyed to other public chains. This article will explore the current development direction of the Bitcoin ecosystem, providing an overview without any investment advice.
3. “Understanding the ZKFair Gas Fee Airdrop Community Guidelines”
This article will explain in detail the rules of the gas fee airdrop and how an ordinary user can participate in the gas fee airdrop to receive rewards. ZKFair is a fair-launch project, and we guarantee absolute fairness. To protect the rights of community users, we have made some arrangements to encourage more users to participate and receive their share. This gas fee airdrop will treat all users equally, giving everyone an equal opportunity to receive the airdrop.
The ZKFair gas fee airdrop will officially start on December 23 at 11 AM (UTC+8). The cap is 3 million USDC, first come, first served. The ZKFair mainnet has now opened a cross-chain bridge. To prevent transaction congestion during the event, users are advised to cross-chain USDC to the ZKFair mainnet in advance.
