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Weekly preview | OKX will support the unlocking and redemption of DOT in the first round of Polkadot slot auction; Binance loan (current interest rate) will close all BUSD loan and mortgage positions on October 25

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Preview of key events from October 23 to October 27

精选事件 (Selected Events)

1. Binance Borrow (Current Interest Rate) will close all BUSD borrowing and collateral positions on October 25th.

2. Fox reporter: The US House of Representatives may discuss the role of cryptocurrency in terrorist financing on October 26th.

3. Bloomberg TV will launch the SBF documentary on October 26th.

4. Binance will support the redemption of DOT tokens locked through the DOT slot auction page starting from October 26th.


October 23rd


Web3 social application Tip Coin will launch TipChat on October 23rd.

Web3 social application Tip Coin announced in a tweet that TipChat will launch on October 23 and will undergo a comprehensive review before launch.


October 24th


OKX will support the unlocking and redemption of DOT in the first round of Polkadot slot auction bidding

According to an official announcement from OKX, the DOT lock-up for the first round of Polkadot slot auctions will be unlocked on October 24, 2023. OKX will support the unlocking and redemption of DOT in two phases. Phase one: On October 26, 2023 at 16:00 (HKT), the OKDOT1/DOT trading pair will be delisted. Phase two: From October 26, 2023 to November 10, 2023 (HKT), the settlement of the first round of Polkadot slot auction lock-up DOT (OKDOT1:DOT=1:1) will be completed, and the settlement will be credited to users' fund accounts.


According to OKX, there will be no channels available to support the exchange of OKDOT1 to DOT until the completion of the first round of Polkadot slot auction settlement after the delisting of OKDOT1/DOT trading pair. Due to the uncertainty of on-chain operations, the specific completion settlement time should be subject to the official announcement of OKX.


HashKey Exchange will launch the USDT/HKD trading pair on October 24th.

The licensed Hong Kong cryptocurrency exchange HashKey Exchange will launch the USDT/HKD trading pair, which will be available for trading starting from 14:00 (UTC+8) on October 24, 2023. This currency pair is only available for professional investors. USDT and HKD deposit and withdrawal services are now available.


October 25th


Binance Borrow (Flexible Interest) will close all BUSD borrowing and collateral positions on October 25th

According to an official announcement, Binance's Borrow (Flexible) service will close all outstanding BUSD borrowings and collateral positions on October 25, 2023 at 16:00 (GMT+8). Users are advised to repay all affected borrow orders before 15:59 (GMT+8) on October 25, 2023 to avoid potential losses.


UniSat will launch the brc20-swap mainnet version and distribute related commemorative inscriptions.

UniSat Wallet has announced the release schedule for the brc20-swap mainnet. On October 25th, UniSat will launch the mainnet version of brc20-swap. During the initial mainnet launch period, the team will continue to distribute Prime Access for free. After a series of iterations, all features will eventually be open to all users.


brc20-swap will charge all participating users a service fee of 0.3%. Approximately 1/6 (0.05%) of this fee will be collected by UniSat, while the remaining 5/6 (0.25%) will be distributed to all liquidity providers of each trading pair. This fee structure is mainly based on the fee rate standard currently used by UniSwap.


October 26th


Fox reporter: US House of Representatives may discuss the role of cryptocurrency in terrorist financing on October 26th

Fox reporter Eleanor Terrett posted on X platform that the Subcommittee on National Security, International Development, and Monetary Policy of the U.S. House Financial Services Committee (HFSC) will hold a hearing on October 26th local time on the topic of "Money Transfer: Understanding the Ways in Which the Iranian Regime Obtains Funds Around the World and How It Uses These Funds to Support Terrorism". It is expected that the role of cryptocurrency in this regard will be a key topic. Earlier, 86 U.S. congressmen pressured the Biden administration to provide detailed plans on how to prevent radical organizations from using cryptocurrency in "funding terrorism".


Binance will support the redemption of DOT tokens locked through the DOT slot auction page starting from October 26th.

According to the official announcement, the DOT slot auction lock-up will end on October 24, 2023. Binance users will be able to redeem locked DOT tokens through the DOT slot auction page starting from 14:00 (GMT+8) on October 26, 2023. From the same time, users holding BDOT tokens in their spot wallets can redeem DOT at a 1:1 ratio on the DOT slot auction page. Users who participated in the DOT slot auction but did not convert their locked DOT to BDOT will automatically receive unlocked DOT in their spot wallets at 14:00 (GMT+8) on October 26, 2023.


Bloomberg TV will launch the SBF documentary on October 26th.

Bloomberg Television will launch the special documentary "RUIN: Money, Ego and Deception at FTX" on October 26 at 7:00 Beijing time, featuring SBF, the founder of FTX, and the shocking collapse of the trading platform.


October 27th


Neo held the HK Web3 Evolution Summit and Asia-Pacific Hackathon Finals on October 27th.

The Hong Kong community-driven open-source blockchain platform Neo will hold a two-day "HK Web3 Evolution" event at Cyberport in Hong Kong from October 27th to 28th to celebrate the first anniversary of the Hong Kong Web3 new policy and witness the grand finale of the "Neo Asia-Pacific Hackathon". Since July of this year, the Neo Asia-Pacific Hackathon has attracted about 100 teams to participate and successfully held offline competitions in five cities in Asia. The total prize pool is $120,000, and the winners of the finals will have the opportunity to share a $1 million hackathon follow-up funding and acceleration services.



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