This Week's News Preview | Binance and OKX will launch the NOT token; BounceBit will launch the mainnet and airdrop; FTX Digital creditors need to submit claims or proof of claims; LayerZero will announce the official witch check results
Highlights of the week from May 13 to May 19.整理：Fairy，ChainCatcher
Key News:
- OKX Jumpstart will start NOT (Notcoin) mining on May 13
- Binance new coin mining will start Notcoin (NOT) mining on May 13
- BounceBit will launch token airdrop and mainnet on May 13
- Blockchain game Engines of Fury will launch token FURY on May 13
- FTX Digital customers and non-customers must submit claims or proof of debt by May 15
- BNB Chain's second quarter airdrop alliance plan snapshot time is May 15 at 8:00 AM Beijing time
- Nigerian court postpones trial of Binance and its executives to May 17
- LayerZero will announce the official witch check results on May 18
May 13 (Monday)
OKX Jumpstart will start Notcoin (NOT) mining on May 13
According to official news, OKX Jumpstart will launch NOT (Notcoin), and TON holders can stake TON to mine NOT tokens, with a maximum of 4,000 TON per person. This Jumpstart mining will start at 14:00 Beijing time on May 13 and will last for 3 days.
Binance new coin mining will start Notcoin (NOT) mining on May 13
According to official news, Binance's new coin mining will launch the 54th project, allowing users to mine Notcoin (NOT) using BNB and FDUSD. Users can deposit BNB and FDUSD into the NOT mining pool on the Launchpool website after 08:00 (UTC+8) on May 13 to earn NOT rewards, which can be mined for a total of 3 days. Binance will list Notcoin (NOT) at 20:00 (UTC+8) on May 16 and open trading markets for NOT/BTC, NOT/USDT, NOT/BNB, NOT/FDUSD, and NOT/TRY, applicable to seed tag trading rules.
BounceBit will launch token airdrop and mainnet on May 13
BounceBit announced its mainnet launch schedule, with Premium Yield Generation paused until the mainnet goes live. From May 6 to May 12, BounceBit will introduce the first batch of professional node operators. On May 13, BounceBit's mainnet will launch that day. BB points airdrop will be automatically distributed to each eligible wallet without the need for declaration or interaction with any webpage. The BB Megadrop on Binance will end that day, and rewards will be distributed before trading begins.
Synthetix founder plans to launch decentralized perpetual contract exchange Infinex on May 13
Synthetix founder Kain Warwick announced at ETH Global in Sydney that the decentralized perpetual contract exchange Infinex is planned to officially launch on May 13. On May 13, there will be an "Account Launch Day," during which Infinex users can access their self-custody accounts on the platform. Warwick stated that May 13 is only a proposed date and has been submitted to the Synthetix protocol governance DAO, which still needs to be approved through on-chain voting.
NuLink (NLK) will launch on KuCoin BurningDrop on May 13
NuLink (NLK) will launch on KuCoin BurningDrop starting at 18:00 (UTC+8) on May 13, 2024. The KCS pool will be open during the subscription period. Additionally, during the accelerated burn, users who have subscribed can choose to burn KCS to receive more NLK airdrops. The total allocation for NLK is 1,000,000, with 15% of NLK rewards distributed before trading begins on the KuCoin spot market. The remaining 85% will be locked for three months after the first allocation and distributed in batches of 28.3% monthly.
Particle Network announces users can claim bitSmiley token allocation before May 13
Modular L1 project Particle Network announced that the Bitcoin ecosystem DeFi solution bitSmiley's activity on The People's Launchpad has ended, with over 600,000 independent participants. Users can claim their allocation of bitSmiley tokens (BIT) before 20:00 on May 13. To complete the claim, users need to spend BTC on Bitlayer, and all unclaimed allocations will be forfeited. The bitSmiley team will distribute its tokens by the end of June 2024, and an official BIT statement will be announced once the distribution date is confirmed.
zkSync will launch the next upgrade on May 13, featuring P256Verify, Bridgehub, etc.
Ramon, head of product delivery at Matter Labs, stated that zkSync's next upgrade will be launched on May 13. The new upgrade includes features such as P256Verify, Bridgehub, and protocol work supporting Validium, custom DA layers, and custom base tokens has been completed, which will be available on ZK Stack chains with some upcoming server changes; it will support .transfer/.send calls without providing Gas.
Blockchain game Engines of Fury will launch token FURY on May 13
Blockchain game Engines of Fury announced on X that it will launch token FURY on May 13, with the token being issued on platforms like Ape Terminal and SidusPad.
Modular data layer CARV will launch its first node sale on May 13
The modular data layer CARV will launch its first node sale on May 13, allowing global users to participate in the CARV distributed data network by running lightweight validation nodes and receive corresponding rewards. This node sale will offer 100,000 validation nodes with a multi-tier pricing system, and node operators will receive CARV native tokens as rewards, with 25% of the total supply gradually allocated to validators.
May 14 (Tuesday)
Dutch judge will rule on Tornado Cash developer case on May 14
According to CoinDesk, Dutch prosecutors are seeking a 64-month prison sentence for Tornado Cash developer Alexey Pertsev on money laundering charges, with the judge set to rule on May 14. The two-day trial is being held at the S-Hertogenbosch court on Tuesday and Wednesday and may influence how other local courts treat developers.
Monero P2P trading platform will cease operations, new trades will be disabled starting May 14
Monero P2P trading platform LocalMonero announced it will cease operations, with all new registrations and ad postings disabled, and new trades will be disabled starting May 14, 2024, with the website closing on November 7, 2024.
Bitcoin privacy wallet Samourai Wallet founder Keonne Rodriguez's hearing will be held on May 14
The hearing related to Bitcoin privacy wallet Samourai Wallet founder Keonne Rodriguez will be held on May 14, following his arrest and indictment by U.S. federal prosecutors for money laundering. Rodriguez has pleaded not guilty to the charges and was released on a $1 million bail.
Bounce Brand will launch Bounce M&A on May 14
Bounce Brand announced on X that Bounce M&A will launch at 1:00 AM UTC on May 14 (9:00 AM Beijing time). Users will be able to mint new synthetic tokens by merging three types of tokens (specific tokens not yet disclosed) into one synthetic token.
Racer 1 game will be released on May 14 on Apple App Store and Google Play Store
Solana ecosystem game project MixMob announced that its Race-to-Earn game MixMob: Racer 1 will be released on May 14 on the Apple App Store and Google Play Store.
ThunderCore plans to conduct Athena hard fork upgrade on May 14, 2024
EVM-compatible blockchain ThunderCore plans to conduct the Athena hard fork upgrade at block height 163550404 on May 14, 2024, at 13:53:43. The main goal of this network upgrade is to increase the computer and storage architecture supported by ThunderCore nodes to improve efficiency and reduce costs, preparing for future on-chain governance of ThunderCore and making ThunderCore API more suitable for various programming languages.
May 15 (Wednesday)
FTX Digital customers and non-customers must submit claims or proof of debt by May 15
FTX Digital Markets Ltd (in formal liquidation) has notified customers and non-customers that they must submit electronic claims by May 15, 2024. Eligible customers and non-customers can check their balances in their FTX accounts on the website and submit electronic claims in the FTX Digital liquidation.
Binance futures will delist U-based perpetual contracts such as IDEXUSDT, SLPUSDT and adjust leverage and margin tiers
Binance futures will automatically liquidate U-based perpetual contracts such as IDEXUSDT, SLPUSDT, and GLMRUSDT at 17:00 (UTC+8) on May 15, 2024, and at 17:00 (UTC+8) on May 16, 2024, and will delist the aforementioned U-based perpetual contract trading pairs after liquidation.
BNB Chain announces opBNB testnet hard fork upgrade planned for May 15
BNB Chain announced on social media that the opBNB testnet plans to conduct a hard fork upgrade at 14:30 on May 15, aiming to reduce Gas fees on opBNB by 10 times. All opBNB testnet nodes must upgrade to the latest version by 14:00 on that day.
BNB Chain's second quarter airdrop alliance plan snapshot time is May 15 at 8:00 AM Beijing time
The snapshot time for BNB Chain's second quarter airdrop alliance plan is May 15 at 8:00 AM Beijing time. Users can stake at least 1 BNB token to the BNB Smart Chain or use the staking migration tool to migrate BNB tokens from Beacon Chain to BSC to achieve level 1 qualification; while staking at least 5 BNB tokens to BSC will qualify for level 2.
Cosmos Hub plans to conduct v16 upgrade on May 15
According to Cosmos Hub's announcement on X, proposal 914 has been approved by the community, which means that the v16 software upgrade will be executed. Cosmos Hub stated that this upgrade will be executed at block 20440500 (expected on May 15).
Bitcoin Cash is expected to undergo a network upgrade on May 15 at 20:00
Bitcoin Cash is expected to undergo a network upgrade on May 15 at 20:00. Binance is expected to suspend token deposits and withdrawals for Bitcoin Cash (BCH) at 19:00 Beijing time on May 15 to support its network upgrade.
Game Guild of Guardians based on Immutable zkEVM will be globally released on May 15
The game Guild of Guardians based on Immutable zkEVM announced on X that it will be globally released on May 15, and will be open to every player on Google Play and Apple App Store.
Pancakeswap CAKE prediction market will close on May 15
Pancakeswap announced on X that the CAKE prediction market will close on May 15.
May 16 (Thursday)
Coinbase will launch JTO, JUP, and TNSR perpetual futures contracts on May 16
Coinbase International Exchange and Coinbase Advanced will add support for JTO, JUP, and TNSR perpetual futures contracts. The JTO-PERP, JUP-PERP, and TNSR-PERP markets will open at or after 17:30 Beijing time on May 16, 2024.
Alpaca Finance's PYTH airdrop allocation plan deadline for trader rewards on Alperp
Alpaca Finance announced the PYTH airdrop allocation plan, offering a maximum reward of 20,000 PYTH per week as a trading fee rebate, with rewards running from March 14, 2024, to May 16, 2024.
DePIN L1 blockchain Peaq will sell native PEAQ tokens on CoinList from May 9 to May 16
DePIN L1 blockchain Peaq announced that it will sell native PEAQ tokens on CoinList from May 9 to May 16. Users from the U.S., Canada, China, South Korea, and other jurisdictions will not be able to participate.
Binance options will undergo an upgrade on May 16 at 17:00
According to the official announcement, Binance options will undergo a system upgrade at 17:00 (UTC+8) on May 16, 2024, expected to take 5 minutes.
The main improvements of this upgrade include: enhancing overall system performance and stability. During the system upgrade, users interacting with the Binance API may encounter invalid API key, IP, or operation permission errors when requesting the eAPI endpoint.
May 17 (Friday)
Nigerian court postpones trial of Binance and its executives to May 17
According to Reuters, a Nigerian court has postponed the money laundering trial of cryptocurrency trading platform Binance and its two executives to May 17, after a lawyer for the trading platform stated that the necessary documents for preparing the case had not yet been received.
LayerZero "Witch Activity Self-Report" deadline is May 17 at 19:59:59
The deadline for LayerZero's "Witch Activity Self-Report" is May 17 at 19:59:59. Witch addresses can self-report relevant addresses on the designated page to receive 15% of the expected allocation without answering any questions.
May 18 (Saturday)
LayerZero will announce the official witch check results on May 18
According to LayerZero's official disclosure, this witch cleansing activity will be conducted in three rounds.
The first round is the "Self-Disclosure" phase, which will last for 14 days. Users who believe they are suspected witches can "self-disclose" through the window provided by LayerZero during this phase to retain 15% of the airdrop allocation.
The second phase is the "Judgment" phase, during which LayerZero will screen witches according to specific rules, and the screening results will be announced on May 18. Addresses identified during this phase will not receive any airdrop allocation.
The third phase is the "Mutual Reporting" phase, which will last from May 18 to May 31, during which LayerZero encourages community users to report witch activities to each other. Successful reporters can receive 10% of the airdrop share allocation from the reported address.
May 19 (Sunday)
a16z Speedrun accelerator application deadline is May 19
a16z general partner Andrew Chen stated that the firm will invest $30 million through the a16z Speedrun program over the next 45 days, with each startup joining the Speedrun program receiving $750,000. The application deadline for Speedrun is May 19. The company's gaming fund was launched in 2022 to invest in the development of various gaming-related technologies, including Web3.
