Upcoming events this week: HashKey will release a virtual asset platform app for retail investors on August 28th; Farcaster plans to launch V3 version on August 29th.
Selected Events:
1. HashKey will release a virtual asset platform app for retail investors on August 28th, and a regulated liquid crypto asset fund product on September 1st.
2. Farcaster plans to launch version V3 on August 29th.
3. Gitcoin Grants 18 will end on August 29th.
4. OP Mainnet sorter will be upgraded on August 29th, and is expected to be shut down for five minutes.
5. StarkWare will open source the STARK Prover on August 31st;
August 28th
According to reports, HashKey, a licensed virtual asset platform approved by the Hong Kong Securities and Futures Commission earlier this month, will release a trading platform application for retail investors on August 28. Livio Weng, Chief Operating Officer of HashKey Group, stated in an interview that initially, retail investors can invest in Bitcoin and Ethereum, and investment in virtual assets will be limited to no more than 30% of total assets.
Weng Xiaoqi stated that a tiered system will be established for retail investors. Through the KYC process, investors' past experience and risk tolerance will be evaluated, and a questionnaire will be used to determine whether they have a correct understanding of virtual assets. Novice investors will have limited participation in investments. He revealed that the first batch of retail investors can only trade Bitcoin and Ethereum. Currently, the China Securities Regulatory Commission has not provided margin and derivative tools. In the future, when regulatory approval is granted, various products will be launched for different types of users. The platform cooperates with multiple commercial banks to provide users with legal currency deposit and withdrawal services. It will first support USD transactions and does not yet support HKD. Only bank card transactions are accepted temporarily, and credit card transactions are not supported. If the total investment in virtual assets by retail investors on the platform exceeds 30% of their total assets, a risk warning will be issued, and investment will be restricted. However, the platform cannot truly verify users' total assets and can only rely on users to provide the information themselves.
According to CoinGape, at the first hearing held today in the southern district court of Seoul, the lawyer representing Daniel Shin, co-founder of Terra and former CEO of Chai, requested Judge Jang Seong-hoon to give him more time to prepare for his criminal defense. Daniel Shin did not attend the hearing in person, as reported by the "Korean Daily". The court has approved the request and set the date for the second hearing on August 28. The prosecutor expressed disappointment with the continued delays. The judge stated that "we will review the lawyer's opinion and reopen the trial preparation date to determine the opportunity for defense and the order of questioning." BlockBeats reported today that the Seoul Southern District Court in South Korea held its first court hearing on Terraform Labs co-founder Daniel Shin and seven other former Terra employees.
Farcaster's ecological social application Jam is about to launch the first personal influence token application based on Farcaster and Lens Protocol, and will open whitelist applications for product testing on August 28. According to the team, Jam will airdrop incentives to creators in communities such as Lens, Farcaster, and Mirror, and also plans to airdrop to friend.tech users. Jam is a community-driven Web3 social dApp, and the team aims to build a creator economy, incentivize content creators on Web3 social networks, and promote the development and innovation of decentralized social networks.
August 29th
Farcaster plans to launch version V3 on August 29th.
Decentralized social protocol Farcaster co-founder Dan Romero announced on social media that Farcaster plans to launch version 3 next Tuesday (August 29th), and anyone can register and start using the network. New users need to pay an annual fee of $5 to use the network.
Doodles and Crocs' joint limited edition "hole shoes" will be released on August 29th for $120.
Doodles announced on official social media that its limited edition "hole shoes" co-branded with Crocs will be released on August 29th, with a price of $120. The shoes will be open for 24-hour pre-sale to OG holders at 00:00 on August 29th Beijing time, with a pre-sale price of $99. The 48-hour public sale phase will begin at 12:00 on August 29th.
Gitcoin has announced that Gitcoin Grants 18 will end at noon on August 29th UTC time, and users are advised to complete their donations before then. As previously reported by BlockBeats, Gitcoin Grants 18 has officially launched and has been accepting donations from August 15th to 29th. This round of donations supports both the Optimism network and the PGN network.
OP Mainnet sorter will be upgraded on August 29th, and is expected to be shut down for five minutes
Optimism announced that it will upgrade the OP Mainnet sorter at 1:00 on August 29th Beijing time to achieve zero downtime deployment. It is expected that there will be a five-minute downtime for the OP Mainnet at that time.
Chain game Space Nation Online will conduct Alpha testing on August 29th
Web3 massive multiplayer online game Space Nation Online will begin its Alpha test for Web3 sci-fi MMO on August 29th. The one-week Alpha test will allow players to experience the vast story of the MMO through non-player character dialogues, tasks, and item descriptions. In addition, players will also experience changes in gameplay through ship assembly and item collection to experience character growth. During the Alpha phase, the company will also conduct multiplayer game tests, allowing players to interact with each other in the port hall and space.
Bitstamp will ban US users from trading seven tokens including SOL and MATIC from August 29, 2023
According to an announcement by the cryptocurrency trading platform Bitstamp, starting from August 29, 2023, trading of seven tokens, namely AXS, CHZ, MANA, MATIC, NEAR, SAND, and SOL, will be prohibited for users in the United States.
August 30th
EigenLayer's second NFT series, EigenWorlds, is now open for minting, with the deadline set for August 30th.
The second NFT series of EigenLayer, EigenWorlds, is now open for minting. All community members can mint NFTs until August 30th.
August 31st
Yearn community initiates voting on the "Launch V3" proposal, which will end on August 31st.
According to the Snapshot page, the Yearn community has opened voting on the "Launch V3" proposal, which will end at 03:34 on August 31st Beijing time. The proposal aims to launch the complete Yearn V3 system, allowing anyone to deploy the latest generation of yield-generating Vaults and Strategies without permission. Yearn V3 attempts to commoditize the functionality of Yearn Vaults and simplify Strategies writing.
According to the snapshot, the Yearn community has opened voting on the "Wintermute YFI Loan and CRV Plan" proposal, which ended on August 31 at 02:14 Beijing time. In the proposal, Wintermute requested that the Yearn community approve a YFI loan to Wintermute Trading and authorize the transfer of 350 YFI (approximately $1.98 million) from the DAO treasury to Wintermute Trading, with a loan term of 12 months and an interest rate of 0.1%, and to be paid in physical form at the end of the loan. At the same time, Wintermute plans to use up to 3 million CRV (approximately $1.4 million) to purchase yCRV and deploy it to the yCRV-CRV Curve pool.
Taiko's first funding application will end on August 31st.
Based on zkRollup, Taiko, the Ethereum Layer2 network, officially announced that its first phase funding application will end on August 31. This funding aims to discover and support innovative community members who are building and developing on the Taiko ecosystem, and provide the economic incentives and developer resources needed to achieve their vision. All grants will be distributed in the form of future Taiko tokens, with an expected allocation of 0.2% of the total token supply for the first phase of funding. These tokens will come from Taiko's treasury and will ultimately be governed by Taiko DAO. The first phase funding application will end on August 31. Taiko is a ZK-Rollup based Ethereum Layer2 scaling solution, building the world's first ZK-Rollup (Type 1 zkEVM) equivalent to Ethereum to maximize technical and ideological compatibility with Ethereum. Taiko's permissionless design maximizes decentralization and security, while supporting the reuse of all Ethereum tools and code to ensure the smoothest development experience.
BNB Greenfield Testnet will be upgraded to v0.2.4 on August 31st.
BNB Chain announced that BNB Greenfield will undergo regular maintenance and upgrade to version v0.2.4 on the testnet from 14:00 to 18:00 on August 31. All storage buckets/objects previously stored on the Greenfield testnet will be cleared and no longer available for query, and all account balances will be reset. This will be the last reset before the mainnet, with the main goal of addressing errors in previous versions and introducing new features. After the reset, all tBNB on Greenfield will be cleared, and the team is preparing to airdrop rewards and incentivize advanced users. According to the airdrop rules, users holding less than 10 tBNB will receive the same amount of airdrop. In addition, BNB Chain has initiated a proposal for self-hosted solutions for BNB Greenfield storage providers, with a submission deadline of August 31 and a result announcement date of September 4.
StarkWare announced that it will open source its STARK Prover under the Apache 2.0 license on August 31, and name it Stone. Since the launch of STARK-tech extension solutions such as StarkEx and Starknet built on the STARK Prover, a cumulative transaction volume of $1 trillion, 500 million transactions, and over 100 million NFT minting have been compressed, streamlined, and proven. In addition, further innovation and optimization can be carried out, whether by StarkWare or by developers who choose to accept the code and use it for their own initiative. Open sourcing the STARK Prover allows more people to review the code and provide optimization suggestions, improve its quality, help detect errors, and provide transparency.
September 1st
According to News1, the Gyeonggi Province of South Korea announced that it has completed the revision of the "Gyeonggi Province Public Officials Code of Conduct", which requires public officials of level 4 or above to report their holdings of virtual assets such as Bitcoin before September 1st, and if necessary, to verify whether it is related to their duties, and take preventive measures based on the information obtained to prevent them from seeking personal gain during their official duties.
Fantom ecosystem DEX project SpiritSwap announced on Discord that due to the Multichain incident, the project has run out of funds to support daily operations, including regular development costs, operational salaries, monthly expenses, and marketing activities. Currently, SpiritSwap is looking for a new team to take over the project. If no potential takeover team is found, SpiritSwap will automatically shut down on September 1, providing community members with the opportunity to safely transfer liquidity. In addition, SpiritSwap said it will release another announcement specifically for ConvergeX in the coming days.
HashKey Capital will launch a regulated liquid cryptocurrency asset fund product on September 1st.
HashKey Capital has officially announced the launch of a regulated liquid (secondary) cryptocurrency asset fund product under the supervision of the Hong Kong Securities and Futures Commission on September 1. The fund will be managed by HashKey Capital Limited and plans to invest in a variety of mainstream virtual assets in the future. The fund will officially accept investor subscriptions starting from September 1, 2023.
CoinList will launch the Chainflip token sale on September 1st and registration is now open.
CoinList announced that it will launch the Chainflip (FLIP) token sale at 1:00 AM on September 1st (Beijing time) and registration is now open. Chainflip is a decentralized, trustless protocol that allows for seamless value transfer between any blockchain (including BTC, EVM, and underlying networks). The registration deadline is 8:00 PM on August 28th, 2023 (Beijing time). The token supply for this sale is 4,500,000 FLIP tokens (ERC-20), with each token priced at $1.83. At TGE launch, 100% of the tokens will be unlocked, with the mainnet expected to launch around October 24th, 2023 (the date may change within 120 days after the sale ends). The initial purchase limit is a minimum of $100 and a maximum of $4,000.
September 2nd
September 3rd
Sui will hold the "Sui Move" themed HackerHouse in Dali, Yunnan on September 3rd.
According to official sources, the HackerHouse co-hosted by Sui and Antalpha Labs will be held in Dali, Yunnan from September 3 to September 24. The theme of this HackerHouse is "Sui Move", and Sui engineers will bring a series of offline Q&A sessions. In addition, three weeks of free accommodation will be provided to provide hackers with a high-quality environment and atmosphere for co-living and co-creation, and an immersive Build experience.
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