This Week's Key News Preview | CME Group will launch Bitcoin futures products; Vice presidential candidates from both parties will debate; Eigen unlocks EIGEN transfer restrictions
Highlights of the week from September 30 to October 6.整理：Fairy，ChainCatcher
Key News:
- CME to launch Bitcoin futures product Bitcoin Friday futures on September 30
- SEC delays approval time for Hashdex cryptocurrency index ETF to September 30
- Eigen Foundation: EIGEN transfer restrictions will be lifted on October 1
- Democratic and Republican vice presidential candidates will debate on October 2
- The U.S. will announce September unemployment rate data and seasonally adjusted non-farm employment data onOctober 4
- Ethena expects to open second season airdrop claims on September 30
September 30 (Monday)
UniSat: PizzaSwap will launch on Fractal mainnet on September 30
According to the official announcement, UniSat stated that PizzaSwap will launch on Fractal on September 30, supporting assets bridged through Bool Bridge and SimpleBridge. On September 25, UniSat will open source the implementation of the brc-20 index on Fractal.
Additionally, the team stated that they have evaluated UniSat Wallet's support for CAT20 and will announce integration immediately after finalizing the engineering implementation of the protocol next week.
Port3 will conduct second season airdrop snapshot on September 30
Decentralized AI data network Port3 Network announced that the second season airdrop snapshot will take place on September 30. The team will then conduct a thorough anti-fraud check to detect Bot and Sybil attacks.
Once completed, users will be able to check the airdrop distribution on the official website.
ZK Nation ends commission-free trading
ZK Nation posted on X that thanks to ZKsync's native account abstraction, commission-free trading will be available from now until September 30, 2024.
Token holders with at least 50 ZK can now delegate (or redelegate) their ZK to their preferred representatives for free on the ZKsync governance portal supported by tally.
CME to launch Bitcoin futures product Bitcoin Friday futures on September 30
According to the official announcement, CME will launch Bitcoin Friday futures (BFF) on September 30, 2024, providing a precise and flexible way to trade Bitcoin.
Each BFF contract represents 1/50 of a Bitcoin, ensuring capital efficiency and accessibility. These shorter-term contracts expire every Friday at 4 PM (Eastern Time) and settle based on the CME CF Bitcoin Reference Rate New York variant, potentially closer to the Bitcoin spot price.
Ethena second season airdrop claims open
Ethena announced on X that the second season airdrop share inquiry is now open, but claims are not yet available (expected on September 30).
Meanwhile, Ethena also announced the launch of the liquidity derivative token sENA for ENA, aimed at iterating the existing ENA locking mechanism.
Chromia will end MVP phase on September 30 and officially enter mainnet phase
According to official news, blockchain platform Chromia announced that it will end the "MVP" mainnet phase on September 30, after which the network will officially be called "Chromia Mainnet."
At the same time, Chromia's native staking feature will go live on September 24. After the native staking goes live, users can stake CHR tokens on Chromia, Ethereum, and Binance Smart Chain, with an annualized yield of 10%, plus network fee sharing.
SEC delays approval time for Hashdex cryptocurrency index ETF to September 30
The U.S. Securities and Exchange Commission (SEC) announced an extension of the review period for the proposal to list and trade the Hashdex Nasdaq Crypto Index US ETF submitted by Nasdaq. The ETF is planned to trade on the Nasdaq exchange under rule 5711(d), which pertains to commodity-based trust shares. The SEC decided to extend the original decision date from August 16, 2024, to September 30, 2024, to allow more time to review the proposal and related issues.
OneKey Card will stop new registrations and top-up functions from September 30
Open-source hardware wallet OneKey announced it will gradually phase out the current OneKey Card service.
The specific phase-out schedule is as follows:
Phase One (September 30, 2024): Users can continue to spend and withdraw normally, while registration and top-up functions will be discontinued.
Phase Two (October 31, 2024): All cards will be automatically deleted by the system, and the card balances will be transferred to the OneKey Card wallet account, which can be withdrawn to exchange accounts or Web3 addresses at any time.
Phase Three (January 31, 2025): The OneKey Card service will be discontinued.
October 1 (Tuesday)
Dubai will implement stricter regulations on cryptocurrency investment marketing starting October 1
Dubai's cryptocurrency regulatory authority has updated its marketing guidelines for virtual assets, requiring companies to include disclaimers that clearly state investment risks when marketing.
Starting October 1, companies wishing to promote virtual assets in the UAE must include a "prominent" disclaimer stating that "virtual assets may partially or completely lose their value and are subject to extreme volatility," the Dubai Virtual Assets Regulatory Authority (VARA) stated on Thursday.
VARA CEO Matthew White stated, "We believe that by providing clear and actionable guidance, we can help virtual asset service providers (VASPs) offer services responsibly while fostering trust and transparency in the market."
Eigen Foundation: EIGEN transfer restrictions will be lifted on October 1
Eigen Foundation posted on social media that it will lift EIGEN transfer restrictions at 12 PM Beijing time on October 1 (9 PM PST on September 30).
It is reported that if a user's EIGEN is currently staked, there will be a 7-day withdrawal period after unstaking EIGEN.
Powell to speak at the National Association for Business Economics
Federal Reserve Chairman Powell will speak at the National Association for Business Economics at 1:00 AM Beijing time next Tuesday.
iFAST Global Bank will stop processing cryptocurrency-related payments from October 1
iFAST Global Bank announced via email that it will stop processing payments related to cryptocurrency assets starting October 1, 2024, to strengthen measures against cryptocurrency-related fraud and protect customer funds.
The bank stated that it will still accept inbound payments from cryptocurrency platforms registered with the UK's Financial Conduct Authority (FCA) or equivalent regulatory bodies.
Grass Foundation: Necessary wallet connection operations for claiming the first airdrop will end at 8 AM on October 1
According to official news, the Grass Network Foundation, a project in the AI and data field, issued a reminder for users to connect their Solana wallets on the Grass dashboard before 8:00 AM Beijing time on October 1. If the deadline is missed, users will not be able to claim the rewards for the first airdrop.
The Arena reschedules ARENA launch time to between October 1 and 14
The Arena, a social protocol in the Avalanche ecosystem, posted on X stating, "We are processing several recent transactions. One of these transactions is expected to be the largest user acquisition and new user introduction activity in Arena's history.
We will determine the token launch time once we can publicly announce everything. For these reasons, we have rescheduled the launch time of ARENA to between October 1 and 14. Arena Uprising will begin 7 days before the token launch.
Please stay tuned for updates on the launch time, specific information will be announced in the Arena main channel."
Deribit will launch BNB perpetual contracts and options on October 1
According to Deribit's official announcement, Deribit will launch BNB perpetual contracts and options on October 1, 2024, at 9 AM UTC (5 PM Beijing time). The minimum order size for BNB-USDC perpetual contracts is 0.01 BNB, with a minimum price movement of 0.05 USDC; the contract multiplier for BNB options is 1, with a minimum order size of 1, and a minimum price movement of 0.1 USDC, offering daily, weekly, and monthly expiration options. Pricing and margin for both products will use USDC, consistent with standards for SOL and XRP. A non-trading version is currently available in the API for customers to prepare their systems.
Lisk initiates vote on "retain or destroy 100 million LSK tokens," voting will end on October 1
Lisk DAO will hold a community vote to decide whether to destroy 100 million LSK tokens (25% of the total supply). This vote is planned to take place on the new Lisk DAO starting September 24 and will last for 7 days until October 1.
This vote will be conducted through the newly established Lisk DAO, aimed at enhancing community governance.
October 2 (Wednesday)
Democratic and Republican vice presidential candidates will debate on October 2
U.S. Democratic vice presidential candidate, Minnesota Governor Tim Walz, and Republican vice presidential candidate, Ohio Senator JD Vance, have both accepted invitations from CBS News to participate in the vice presidential debate scheduled for 9:00 PM Eastern Time on October 1 (9:00 AM Beijing time on October 2).
Blockchain Association will host a Capitol Hill event on October 2 to educate lawmakers on DePIN technology
The Blockchain Association will host a Capitol Hill event on October 2, where CESS will showcase DePIN technology to lawmakers and discuss the future of decentralized networks with DePIN projects such as Helium and Filecoin, as well as their potential roles in key industries like data storage, energy, and telecommunications.
Pichi Finance will conduct second season airdrop snapshot on October 2
The Pichi Finance second season airdrop snapshot will take place at 7:59 AM on October 2.
October 3 (Thursday)
Abu Dhabi proposes regulatory framework for fiat-backed tokens, public consultation ends on October 3
Abu Dhabi's financial regulatory authority plans to regulate fiat-backed tokens (FRT) and has invited the public to provide feedback on the proposed regulatory framework. The Financial Services Regulatory Authority stated that the proposal defines FRT as a digital asset whose transfer and storage are electronically achieved using distributed ledger technology.
The Abu Dhabi Global Market Financial Services Regulatory Authority (FSRA) stated that FRT issuers will be subject to operational restrictions and requirements. The FSRA proposes that the market value of reserve assets should be at least equal to the face value of all circulating FRT at the end of each business day. FRT should also be valued at daily market prices. The regulatory authority also suggested that institutions issuing two or more FRTs should operate and maintain separate reserve asset pools for each FRT and manage each reserve asset pool independently.
The FSRA has set October 3, 2024, as the deadline for submitting comments on the proposal. After receiving feedback, the FSRA will consider whether modifications to the proposed regulatory framework for FRT are necessary.
October 4 (Friday)
The U.S. will announce September unemployment rate and seasonally adjusted non-farm employment data
At 8:30 PM Beijing time on October 4, the U.S. will announce the September unemployment rate data and seasonally adjusted non-farm employment data.
UK Gambling Commission holds court hearing with Sorare
According to Protos, Web3 football game Sorare has been accused by the UK Gambling Commission of operating without a license.
The commission stated today, "Sorare is accused of providing gambling facilities without holding an operating license, which violates the Gambling Act of 2005. The court hearing is scheduled for October 4."
The company disputes this accusation, claiming misapplication of the law. Sorare stated, "The commission has misunderstood our business and incorrectly believes that gambling laws apply to Sorare. We firmly deny any claims that Sorare is a gambling product under UK law."
It is reported that Sorare is a fantasy football league game utilizing the Ethereum blockchain, allowing players to trade football cards.
