Next week must-watch | Litecoin is expected to halve on August 3rd; Evmos will launch version 2.0 (July 31st - August 6th)
Azuma
2023-07-30 08:11
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CME will launch the ETH/BTC exchange rate futures contract on July 31st.

Next Week Highlights:

CME will launch ETH/BTC exchange rate futures contract on July 31;

Putin signs Digital Ruble bill, effective on August 1;

Helium's second halving will occur on August 1, with HNT's maximum supply limited to 223 million;

Cosmos ecosystem's EVM-compatible chain Evmos will launch Evmos 2.0 on August 2;

Litecoin block reward is expected to halve on August 3;

CZ: Binance will launch comprehensive services on the new platform in Japan in August;

Coinbase L 2 network Base is expected to publicly release its mainnet in early August.

July 31st to August 6th, here are all the upcoming events worth paying attention to in the industry:

July 31st

CME will launch ETH/BTC exchange rate futures contract on July 31

Chicago Mercantile Exchange (CME) will launch exchange rate futures contract between Ethereum and Bitcoin on July 31. Investors can trade the ETH/BTC exchange rate.

Giovanni Vicioso, the global head of cryptocurrency products at CME, said, "This product allows investors to capture the risk exposure of ETH and BTC in a single transaction without taking directional views." (yahoo)

Thailand SEC: Cryptocurrency trading risk disclosure requirements to be effective on July 31, custody and lending services for digital assets prohibited from August 30

Thailand SEC announced today that the cryptocurrency trading risk disclosure requirements will take effect from July 31, and from August 30, operators of digital asset businesses are prohibited from providing or supporting deposit, collection, and lending services, except for the exceptions specified in the notification.

Gitcoin Passport integrates with Galxe, will launch AntiSybilAssembly NFT on July 31

Odaily News: Gitcoin Passport announced on Twitter that it has completed integration with the community activity platform Galxe to enhance anti-bot and anti-spam capabilities. As a result, Gitcoin Passport has launched the AntiSybilAssembly NFT, which can be claimed on July 31 based on unique reputation scores.

OpBNB On-chain Derivatives Platform MEKE to Start Public Testing on July 31

Odaily News: OpBNB on-chain derivatives platform MEKE has completed internal testing and will begin public testing on July 31.

It is reported that BNB Chain recently launched the opBNB layer 2 network, which has strong processing capabilities and the lowest transaction Gas fee of $0.005.

On-chain Derivatives DEX Aark Digital to Launch Recommendation System on July 31

Odaily News: On-chain derivatives DEX Aark Digital announced on Twitter that it will launch the Beta version on August 10.

In addition, Aark Digital will also On July 31, the Aark Digital Referral System will be launched.

Parrot Finance will start a token redemption plan next Monday

Odaily News: DeFi project Parrot Finance team members announced in the Discord community that they will start a token redemption plan next Monday and will release an announcement later.

Mintify released rankings and Genesis Mint rules, Mint will start on July 31

Odaily News: Mintify released a points ranking list and Genesis Mint rules. Mint will start on July 31, 9:00 AM Eastern Time and will be divided into three stages. The event will end on August 2, 1:00 PM.

By participating in each season's activities, Genesis Key holders and platform trading volume will generate XP points. Wallets holding multiple Genesis Keys will have their XP merged into their personal wallet. Users can trade, earn, and redeem prizes through the XP store. Prizes include cash, NFTs, and whitelist membership.

In addition, Lifetime Pass and Lite Pass holders can choose to switch to Genesi.s Key, the transition channel will be maintained for one year.

August 1st

Putin signs Digital Ruble Bill, to take effect on August 1st

Odaily News According to an official document, Russian President Putin signed the Digital Ruble Bill on July 24th. The bill will take effect on August 1st, 2023, with all rules except one ready for implementation. The third provision includes amendments to several Russian Federation laws, including those related to bankruptcy and inheritance, which are expected to become effective in August next year. 

The new legislation officially authorizes the Central Bank of Russia to launch the first pilot of a Central Bank Digital Currency (CBDC) aimed at real consumers in August. Previously, the government planned to launch a pilot project in April in collaboration with 13 local banks, including Sberbank. 

According to the newly signed law, the Central Bank of Russia will become the main operator of the Digital Ruble infrastructure and will be responsible for all stored assets. The purpose of the Digital Ruble's design is to be used as a means of payment and transfers, rather than for investment purposes. (Cointelegraph)

Argentina to increase cryptocurrency mining electricity rates, new regulations to take effect on August 1st

Odaily News Argentina's Ministry of Economy has released a list of electricity rates, which will increase the electricity rates for cryptocurrency mining. According to the document, the cost per megawatt-hour for mining activities will be 17240 Argentine pesos, approximately 63.3 US dollars. Meanwhile, residential energy will enjoy a 70% subsidy, with prices around 11.3 US dollars per megawatt-hour. The revised rates will take effect on August 1st and will last until 2023.&nbs

On October 31, it may be changed again. (Cryptonews)

Fir Tree Partners will launch a digital asset opportunity fund on August 1

Odaily News - New York hedge fund Fir Tree Partners is launching a new fund focused on distressed crypto assets, aiming to profit from the volatility the industry has experienced over the past year or so.

According to an email, the fund, named "Fir Tree Digital Asset Opportunities Fund," will launch on August 1. Fir Tree said, "Fir Tree performs best when we find mispriced, dislocated, or complex opportunities. It is rare for us to encounter all three conditions at the same time, but that is exactly what we are seeing in digital assets currently."

In its email, Fir Tree noted that it has "no opinion on the direction of the cryptocurrency market" and will attempt to "hedge any exposure to cryptocurrency risks." (CoinDesk)

Gitcoin Grants 18 will take place from August 15 to 29, and applications will open on August 1

Odaily News - According to official sources, Gitcoin Grants 18 (GG 18) will take place on August 15, 2023.

It will be conducted until the 29th, and applications will open on August 1.

Lido will cease staking services on Polkadot and Kusama on August 1

Odaily reports that Lido will halt its staking plans on Polkadot and Kusama on August 1, according to a blog post by MixBytes, the developer of Lido.

Deposits will no longer be accepted on Polkadot and Kusama, and all assets will be automatically unstaked on June 22. The official termination date is August 1. Currently, there are a total of $4 million worth of DOT tokens and $75,000 worth of KSM on Lido.

On March 9, Lido Finance community initiated a new proposal to stop liquidity staking services on Polkadot and Kusama.

In the proposal, MixBytes stated that starting from August 1, 2023, they will cease to develop and provide technical support for Lido's liquidity staking protocol on Polkadot and Kusama, citing "several challenges, including market conditions and protocol growth". (CoinDesk)

Gnosis Chain will launch the mainnet upgrade Shapella on August 1st

Odaily News: Gnosis Chain will launch the mainnet upgrade Shapella at around 19:34:20 on August 1st, Beijing time.

Kava plans to launch Cosmos USDt program, expected to start incentives on August 1st

Odaily News: Kava announced the launch of Cosmos USDt, a program aimed at supporting the development of Cosmos application chains and incentivizing their communities. On July 7th, Proposal #148 was submitted to create a new USDt deposit reward program for Cosmos. If approved, starting from August 1st, 2023, KAVA token incentives will be proportionally distributed to the top ten Cosmos DApps and application chains with the highest USDT deposits on IBC.

Helium will conduct the second halving on August 1st, limiting the maximum supply of HNT to 223 million

Odaily News NFT Rarity Ranking Tool Trait Sniper announced on Twitter that it will airdrop to Twitter users on August 1. Users can claim corresponding TS tokens on the Trait Sniper website based on their Twitter influence. In addition, Trait Sniper also provides additional airdrop rewards for early adopters and strategic partners.

According to the official white paper, the total supply of TS is 10 trillion, part of which will be used for large-scale airdrops and the other part will be used to create initial liquidity for DEX.

Solana NFT marketplace Exchange.art will expand to Ethereum on August 1

Odaily News The Solana-based digital art marketplace Exchange.art will soon become a multi-chain platform and integrate support for Ethereum. Exchange.art will launch its own gas-optimized ETH contract, allowing creators to mint artworks on the Ethereum chain. Creators will also be able to import existing smart contracts.

This integration will go live on August 1, and more than 80 Ethereum artists on the platform will include Sotheby's "Glitch Art" auction artist Patrick Amadon and creator Amber Vittoria. 

OpenSea: "Haas x RENGA Racing" series NFT will start minting on August 1

Odaily News: OpenSea announced that MoneyGram Haas F1 Team is about to launch the "Haas x RENGA Racing" series NFT. NFT holders will receive a series of exclusive benefits, including driver racing suits, full-size replica helmets and special edition hats, and metaverse meetups.

It is reported that a total of 1000 NFTs will be issued in this series, and the minting will be launched in stages on August 1 at 4:00 PM EDT (4:00 AM on August 2 Beijing time) on OpenSea.

August 2

Judge in US Bankruptcy extends deadline for Genesis' restoration plan submission to August 2nd

According to court documents filed on June 5th, Judge Sean Lane, who is in charge of the Genesis bankruptcy case, has extended the deadline for the company to submit its restoration plan. Genesis now has to submit its plan before August 2nd, 2023, instead of the original deadline of August 27th.

Cosmos ecosystem EVM compatible chain Evmos to launch Evmos 2.0 on August 2nd

According to a tweet from Evmos, the EVM-compatible chain in the Cosmos ecosystem, Evmos 2.0 will be launched on August 2nd. Evmos 2.0 is not just a rebranding, but a major reset.

This version update includes enabling StakeFi and IBC composability through Evmos EVM, an incentivized sustainable growth token economics of Evmos v2, and consistency in value creation with future Evmos SDK chains through software licensing.

Starbucks

Huang Cressing Apron series NFT will be launched on August 2

Odaily News Starbucks will launch the "Green Apron" The Starbucks® Green Apron Collection series NFT based on Polygon on August 2 in the NFT market NiftyGateway.

The series NFT has a total of 5000 pieces, priced at $100. The series will be open to eligible Odyssey members at 00:00 on August 2 Beijing time, and each Odyssey member can purchase a maximum of 2 pieces; it will be open to the public at 3:00 on August 2.

August 3

Litecoin Block Reward Expected to Halve on August 3rd

Odaily News According to Tokenview data, there are 3 days and 19 hours left until the Litecoin (LTC) halving in 2023. The halving is expected to occur on August 3rd, 2023. At that time, the block reward will be reduced from 12.5 LTC to 6.25 LTC.

August 4th

Court Releases Schedule, Coinbase to Submit Relevant Materials on August 4

Odaily News - Judge Failla has released a schedule, setting key deadlines for Coinbase and SEC to submit materials in the lawsuit.

Coinbase is required to submit legal documents with arguments, evidence, and supporting files on August 4, 2023. After the submission, interested parties supporting the exchange must file amicus briefs with the court by August 11, not exceeding 20 pages.

Binance Liquid Swap to Remove APT/BUSD and Other Liquidity Pools on August 4

Odaily News - According to an official announcement, Binance Liquid Swap will close the following liquidity pools on August 4, 12:00 (Beijing time):

APT/BUSD, ATA/BTC, AXS/USDT, BAKE/BNB, BAKE/BTC, DAR/BNB, ELF/BTC, ELF/USDT, FLOKI/USDT, FTM/BNB, GLMR/USDT, GMX/BTC, GMX/USDT, GNS/USDT, ID/USDT, ILV/BTC, ILV/USDT, KSM/USDT, LOKA/BNB, LOKA/USDT, LQTY/USDT, MKR/USDT, MULTI/BTC, MULTI/USDT, NEAR/BUSD, PERP/USDT, SNX/USDT, STX/USDT, SUI/USDT, SYN/USDT, TLM/BTC

If the user holds a position in the above-mentioned currency pair pool, the system will automatically return the assets to the user's spot wallet on August 4th, 12:00 (GMT+8).

August 5th

No information available

August 6th

No information available

Others (Specific time not confirmed)

CZ: Binance will launch comprehensive services on its new platform in Japan in August

Odaily News CZ said in a video at a conference in Tokyo on Tuesday that Binance will launch comprehensive services on its new platform in Japan in August. (Bloomberg)

114th Ethereum ACDC Conference: Devnet #8 is expected to be launched as early as next week

Odaily News Galaxy Vice President Christine Kim summarized the 114th Ethereum core developer consensus meeting (ACDC).

This meeting discussed Deneb test progress. Devnet #8 is expected to be launched later next week or early in the following week. Ethereum Foundation researcher Hsiao-Wei Wang is preparing a new version of the CL code specification for Devnet #8, which will be ready for the client team before July 31st.

Coinbase L2 network Base is expected to publicly release its mainnet in early August

Odaily News Coinbase's second-layer network Base has opened its mainnet to developers. Base's mainnet is expected to be officially released in early August. Developers can use it...

sp;Deploy applications on Base. Some tools for developers are now live on the Base mainnet.

It is reported that Base is built on the OP Stack and has the functionality of the Rollup network. According to the team, node providers include Blockdaemon, QuickNode, Blast, Safe Wallet, blockchain explorers Etherscan and Blockscout, as well as data indexers The Graph and Covalent. The team reiterated that there are no plans to issue native tokens for Base. (The Block)

ZilBridge Cross-Chain Service Suspended Due to Poly Network Incident, Expected to Resume Next Week

Odaily News: ZilSwap announced that the ZilBridge service is expected to resume next week, and all pending transactions will be processed. ZilBridge is supported by the cross-chain interoperability protocol Poly Network. Due to the temporary suspension of Poly Network's bridging business, all services of ZilBridge are also suspended. All funds remain safe. The Poly Network team has been testing the recovery steps and recently completed a successful test run, with the mainnet expected to resume next week.

NFT Liquidity Solution Platform Ra1se to Launch Beta Version in Early August

Odaily News: According to official sources, the NFT liquidity solution platform Ra1se has received seed funding from North American mining companies.Round financing. Ra1se uses multi-chain compatibility to convert illiquid NFTs into highly liquid blue-chip NFTs through complex algorithms. It is reported that the Ra1se platform will launch a beta version in early August and kick off a series of user incentive activities called "100 E subsidies".

Azuma
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