One week preview | FTX claims website will be launched; Sui unlocks over $20 million worth of tokens

Important news notice:

• As a debtor’s client claims portal, the FTX Claims Portal is live and will be activated upon signing of a court order related to the motion on or about July 3, 2023;
• Bitcoin Depot, one of the largest cryptocurrency ATM companies in the United States, will list on Nasdaq on July 3;
• The Layer 1 blockchain Ziliqa mainnet is scheduled to be upgraded to version v9.2 at 16:00 on July 5, Beijing time;
• The decentralized exchange dYdX will launch the dYdX Chain public testnet at 1:00 am Beijing time on July 6

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July 3

Governance Vote:

AzukiDAO initiated a proposal to “hire a lawyer to recover 20,000 ETH from the founder Zagabond and initiate a lawsuit against it”, and the voting will end on July 3

AzukiDAO issued a proposal to “hire a lawyer to assist the community in recovering 20,000 ETH from Zagabond and initiate a lawsuit against it”, the specific contents include: hire a lawyer to file a lawsuit against Azuki founder Zagabond, accusing it of multiple Rug projects; withdraw the issuance from the team 20,000 ETH from Elementals and distribute it to DAO to promote the growth of the entire Azuki community and provide rewards and incentives for artists, content creators and builders; Azuki DAO provides financial support for 20000E Dao, and 20000E Dao will be established A research group conducts the proceedings. Proposal voting deadline is July 3. It is reported that AzukiDAO and 20000E DAO were established by former Azuki community members and holders, not the official Azuki team.

Project News:

Crypto ATM Company Bitcoin Depot to List on Nasdaq on July 3rd

Bitcoin Depot, one of the largest cryptocurrency ATM companies in the United States, has completed a merger deal that will allow the company to go public. Financial technology company GSR II Meteora Acquisition Corporation stated in an announcement on June 30 that its shareholders have approved the company as a special purpose acquisition company (SPAC) for Bitcoin Depot, and Bitcoin Depot is expected to be listed on NASDAQ on July 3 gram listed. The deal was first reported in August 2022, and the two parties plan to merge and list on Nasdaq at a valuation of $885 million. Brandon Mintz, founder and CEO of Bitcoin Depot, said the merger is aimed at capturing growth opportunities and promoting the adoption of Bitcoin. According to the Bitcoin Depot website, the company was founded in 2016 and is one of the largest cryptocurrency ATM companies in North America, with more than 9,130 outlets.

Binance will release Ronaldo’s second NFT collection series on July 3rd

Ronaldo and Binance’s second NFT collectible series “ForeverCR7: The GOAT” will be released on July 3. The collection pays homage to Ronaldo’s 838 goals to date and includes twenty designs divided into four rarity levels: Super Super Rare (SSR), Super Rare (SR), Rare ® and Normal (N ). According to previous news, in November last year, Ronaldo launched the first NFT series on Binance.

AlienSwap will release the Ethereum NFT gas-free trading market Mirror Market on July 3rd

The AlienSwap NFT platform will launch the Ethereum NFT gas-free trading market Mirror Market on July 3, creating the first NFT market that supports Ethereum NFT gas-free issuance and trading. Mirror Market will release and launch the NFT code-free creation platform Create X, NFT Gas-free Mint and NFT Zero-Gas Trading Innovation Zone, opening a new era of Ethereum NFT Zero-Gas trading.

The FTX claim claim website has been launched and will be officially launched around July 3rd

The FTX Claims website has gone live and will serve as the debtor’s client claims portal, which will be activated upon execution of a court order related to the motion on or about July 3, 2023. FTX Debtors recently filed a Client Deadline Motion (the “Motion”), which seeks, among other things, to establish a deadline for clients to file proof of claims and to approve a process for doing so. The motion is scheduled to be heard in court on June 28, 2023 at 1:00 p.m. ET.

Ethereum Conference: EIP-4844 Dedicated Testnet Devnet #7 will be launched as early as July 3rd

Christine Kim, Vice President of Galaxy Research, published an article summarizing the 112th Ethereum Core Developer Consensus (ACDC) meeting. This week, developers discussed including the builder override flag in the Engine API, increasing the target blob limit from 2 to 3, and increasing the maximum blob Limit hike from 4 to 6, and ongoing research around changing validator max effective balances. The developer of the DevOps team of the Ethereum Foundation stated that all EL and CL client teams have passed the relevant Hive tests of Devnet #7, and plans to launch Devnet #7 as early as July 3. Devnet #7 is a dedicated short-term test network for EIP-4844 and will not test other code changes.

Token Unlock:

Sui (SUI) will unlock 34,615,385 tokens at 08:00 on July 3, worth about $23.47 million, accounting for 0.346% of the total supply

July 4th

Policy Supervision:

The new head of the Japan Financial Services Agency Teruhisa Kurita will take office on July 4th, and was responsible for the strategic development of encryption and other fields

The Japanese government announced that Junichi Nakajima, head of the Japan Financial Services Agency, has retired and appointed Teruhisa Kurita, head of the General Policy Bureau, to take over on July 4. Kurita Teruhisa, 59, is currently the director of the Strategic Development and Management Bureau of the Japan Financial Services Agency, which specializes in cryptocurrencies and financial technology issues.

Token Unlock:

dYdXPrice (DYDX) will unlock 6,520,128 tokens at 23:00 on July 4, worth about $13.82 million, accounting for 0.652% of the total supply

July 5th

Project News:

Ziliqa mainnet is scheduled to be upgraded to version v9.2 on July 5th, and deposits and withdrawals will be suspended during the upgrade

The Ziliqa mainnet of the Layer 1 blockchain is scheduled to be upgraded to version v9.2 at 16:00 on July 5, Beijing time. The upgrade time is expected to be about 8 hours (or up to 24 hours). During the upgrade period, the Ziliqa network will not process transactions , deposits and withdrawals are suspended.

The upgrade will introduce several enhancements and new features aimed at optimizing performance and enhancing cross-chain functionality. Among them, the key improvements are to enhance the interoperability between EVM and Scilla, and simplify the use of ERC-20 and ZRC-2 smart contracts to create, test and launch alternative tokens to facilitate seamless cross-chain interaction. Enhancements also include extended test coverage for third-party EVM contracts and full backward compatibility with all existing Scilla contracts in Scilla version 0.13.3. Additionally, the upgrade includes various bug fixes, server-side resiliency improvements, and overall network performance enhancements, introducing advanced search and tracking capabilities for developers, and expanded development platform support.

community activity:

Registration for the first official Sui Hackathon will close on July 5th

The Sui Foundation announced on the official blog that the first official Sui Hackathon will accept registrations from May 30th and the deadline will be July 5th. The hackathon is co-organized by the Sui Foundation and KuCoin Labs. The demo day will be held at the Builder House in Paris and online on July 19, with a total prize pool of $285,000. The project categories that can participate in this hackathon are ① infrastructure and tools; ② NFT, social and DAO; ③ games and AIGC; ④ DeFi and payment.

Token Unlock:

Liquity (LQTY) will unlock 657,350.92 tokens at 08:00 on July 5, worth about $620,000, accounting for 0.657% of the total supply

Galxe (GAL) will unlock 416,666.67 tokens at 20:00 on July 5th, worth about $520,000, accounting for 0.208% of the total supply

July 6th

Policy Supervision:

The U.S. non-agricultural data report for June will be released on July 7, 2023

Project News:

dYdX will launch dYdX Chain public testnet on July 6th

The decentralized exchange dYdX will launch the dYdX Chain public testnet at 1:00 am Beijing time on July 6. The functions that will be tested include connecting wallets, viewing order books, placing orders, and viewing account information. At launch, the public testnet will only support Bitcoin and Ethereum markets, but dYdX plans to support more than 30 markets through network upgrades in the future. dYdX Chain is a blockchain based on Cosmos, with a total of 5 milestones, 4 of which have been completed so far. Its goal is to launch the mainnet in September and complete the fifth milestone.

Dash Core releases v19.2.0 version, mandatory upgrade is required before the fork is implemented on July 6

The official Dash blog announced that Dash Core v19.2.0 has been officially released. It is reported that this is a mandatory update and introduces some major changes. Dash reminds all nodes to upgrade to this version. Nodes running versions lower than 19.2 are expected to be released in July. On the 6th, divergence occurred with other nodes of the network. If you fail to upgrade before the planned fork on July 6, the system may need to be re-indexed. According to Dash, this version upgrade will solve the v19 hard fork problem, including missing some edge case problems in the functional test, which may cause the main network to stop producing blocks; Migration and historical data support, and also solved the problem of wallet crash caused by more than 256 character mnemonics.

Dior unveils new collection of men’s shoes featuring ‘digital twin’ NFTs, the first of which will be available exclusively online on July 6th

French fashion brand Dior has launched a new collection of men’s shoes, equipped with an encrypted online authentication system based on NFC chips and a “digital twin” NFT. The sneaker, called the B33, was designed by Dior Homme artistic director Kim Jones and is part of Dior’s Fall 2023 menswear collection. The first of seven sneakers will be available exclusively online on July 6 and will be limited to 470 pairs. Each pair of shoes will come with a “digital twin,” a shoe-matching NFT minted on the ethereum blockchain. Each pair of shoes costs $1,350. An NFC chip in the shoe would be associated with an encryption key, providing a digital certificate of authenticity, among other specialized services.

Web3 fantasy sports platform GameOn to host investor webinar on July 6th

GameOn will host an investor webinar on July 6 to discuss funding, financial documents and next steps for the company. It has completed a financing of US$1.7 million. The blockchain platform Flow launched by Lightning Capital and Dapper Labs participated in the investment, and has cooperated with global sports, media and entertainment IP including NBCUniversal, Bravo, Karate Combat, WNBA, DICK’S Sporting Goods and Gaming Society. reached a cooperation.

community activity:

ConsenSys will hold Not Another Virtual Hackathon on July 6th

Blockchain software technology company ConsenSys will hold Not Another Virtual Hackathon from July 6 to August 21, 2023, with a total prize pool of US$115,500. Hackathon registration opens on June 27, 2023 and ends on August 14, 2023.

Token Unlock:

Euler (EUL) will unlock 151,562 tokens at 04:15:30 on July 6th, worth about $340,000, accounting for 0.558% of the total supply

Tornado Cash (TORN) will unlock 175,000.01 tokens at 11:29:50 on July 6th, worth about $650,000, accounting for 1.75% of the total supply

July 7

Token Unlock:

Safe (SAFE) will unlock 20,000,000 tokens at 8:00 on July 7, accounting for 2% of the total supply

Hashflow (HFT) will unlock 3,230,889.22 tokens at 8:00 on July 7th, worth about $1.2 million, accounting for 0.323% of the total supply

community activity:

The two-day GM Vietnam will be held in Ho Chi Minh City, Vietnam on July 7th

July 8th

Token Unlock:

Nym(NYM) will unlock 12,500,000 tokens at 08:00 on July 8th, worth about $2.36 million, accounting for 1.25% of the total supply

July 9th

Token Unlock:

1inch (1INCH) will unlock 32,143 tokens at 16:00 on July 9, worth about $10,000, accounting for 0.002% of the total supply