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Week ahead | The national standard "Blockchain and Distributed Accounting Technology Reference Architecture" will be officially implemented on December 1; Avalanche blockchain browser Snowtrace will be deactivated on November 30

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Preview of key events from November 27th to December 1st

精选事件 (Selected Events)

1. The national standard "Reference Architecture of Blockchain and Distributed Ledger Technology" will be implemented starting from December 1st.

2. Avalanche blockchain explorer Snowtrace will be discontinued on November 30th.

3. Linen Wallet will be shut down on November 30th, and remaining funds will be returned to investors.

4. The Circle cross-chain transfer protocol will go live on the Noble application chain in the Cosmos ecosystem on November 28th.

5. The unlocking of 150 million dYdX tokens originally scheduled for February has been postponed to December 1st.

November 27th

Avalanche launches accelerator Codebase for early founders, registration officially opens on November 27th.

On November 10th, according to official sources, Avalanche announced the launch of an accelerator called Codebase, aimed at early founders. The program will last for 12 weeks and will focus on product, engineering, go-to-market, operations, organizational development, and fundraising.

The first batch will select 15 start-up companies, each of which can receive a subsidy of $50,000 to focus on construction during the project period. Participants will have the opportunity to compete for a $400,000 investment prize pool on Demo Day. It is reported that Codebase has opened pre-registration, officially opened registration on November 27, 2021, the application will end on February 12, 2024, and the list of winners will be announced on March 18, 2024.

Binance will support the Virtua (TVK) token swap and rename it to Vanar (VANRY). TVK deposit and withdrawal services will be suspended on November 27th.

On November 17th, according to official sources, Binance will support the exchange of Virtua (TVK) tokens and rename them to Vanar (VANRY). TVK deposit and withdrawal services will be suspended at 11:30 on November 27th, 2023 Beijing time and will be reopened at a later date to be announced.

November 28th

opBNB mainnet hard fork Fermat will be activated on November 28th

On November 15th, BNB Chain announced that the opBNB mainnet hard fork Fermat is expected to be activated at block height 9397477 at 14:00 on November 28th Beijing time.

This hard fork will lay the foundation for interoperability between opBNB and BNB Greenfield by adding new pre-compiled contracts that support BLS signature verification and cometBFT light client verification. Community developers need to upgrade to opNode V0.2.2 and opGeth V0.2.1 before the hard fork.

Circle cross-chain transfer protocol will go live on Noble, a Cosmos ecosystem application chain, on November 28th.

On November 14th, Circle's cross-chain transfer protocol (CCTP) announced that it will launch on the Cosmos ecosystem application chain Noble on November 28th, allowing users to migrate USDC between blockchains in a single transaction. Any user on a blockchain that supports CCTP can transfer assets to Noble.

Circle's Cross-Chain Transfer Protocol (CCTP) on Noble allows users to easily, simply, and securely send their USDC from other chains directly to dYdX Chain. In March of this year, Circle partnered with the Cosmos ecosystem application chain Noble and issued native USDC on the Cosmos ecosystem.

Illuvium plans to launch on Epic Games Store on November 28th

On November 8th, RPG blockchain game Illuvium announced that it plans to launch on the Epic Games Store on November 28th. The game was developed using Unreal Engine 5 on the Immutable X network. BlockBeats previously reported that yesterday the ILLUVIUM team deposited 65,753 ILV ($4.34 million) into Binance.

Curve's proposal to increase the borrowing rate multiplier to maintain crvUSD peg will end on November 28th

On November 21st, according to relevant page information, the Curve community initiated a proposal vote to "propose increasing the borrowing interest rate multiplier to maintain crvUSD anchoring". The proposal aims to adjust the pledged ETH interest rate to 15% and the native ETH interest rate to 11%, so that the interest rate difference between the two is approximately equal to the Ethereum pledge APR, enabling the market to actively repay loans. The vote will end on November 28th.

Bitfarms, a Bitcoin mining company, has reached a private placement agreement with institutional investors in the United States for approximately $43.99 million. The agreement is expected to be completed around November 28th.

On November 24th, according to GlobeNewswire, Bitcoin mining company Bitfarms announced that it has reached a subscription agreement with certain institutional investors to conduct a private placement in the United States, raising a total of approximately CAD 60 million (approximately USD 43.99 million), including 44,444,446 common shares and up to 22,222,223 common share purchase warrants with a term of 3 years.

It is reported that the net proceeds of this private placement will mainly be used to acquire more mining enterprises, expand infrastructure, and improve its operating capital situation. This private placement is expected to be completed around November 28, 2023.