Highlights:
- Bitmain releases its first professional XMR miner “ANTMINER X5”, entering the Monero mining field.
- ImmutableX (IMX) will unlock approximately 18.08 million tokens worth about $9.8 million on September 9 at 18:00.
- The 2023 Inclusionconf Bund Summit sub-forum “Fusion Innovation-Web3 New Development Forum” will be held on September 9.
- Blockchain interoperability project Connext will airdrop its native token “Next” on September 5.
- Coinbase will delist six tokens including Multichain and Ooki on September 7.
- Binance will stop supporting the withdrawal of Binance-Peg BUSD tokens via BNB Chain, Avalanche, Polygon, and TRON networks on September 7.
- Native USDC will launch on the Base mainnet next week, and native and bridged USDC (USDbC) will coexist on Base.
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September 4th
Exchanges:
Binance has returned assets of XIRTAM to some users, and all refunds will be completed on September 4th.
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According to confirmation from Binance employees by LianGuaiNews, Binance has returned assets to some users affected by the XIRTAM project. Today, 11 users have been processed, and other users will need to wait. Users who meet the conditions will receive the refund on September 4th.
Bitmain will release the XMR miner “ANTMINER X5” on September 4th.
Bitmain announced the launch of its first professional XMR miner “ANTMINER X5”, entering the Monero mining field. The price of the miner has not been announced. The sales will start at 22:00 Beijing time on September 4th.
Project Updates:
BNB Chain initiates a demand proposal for BNB Greenfield self-custody solutions, with the results to be announced on September 4th.
On August 31st, BNB Greenfield conducted regular maintenance and upgraded to version v0.2.4 on the testnet. All buckets/objects stored on the Greenfield testnet before have been cleared and are no longer available for querying. All account balances will also be reset. In addition, BNB Chain has initiated a demand proposal for self-custody solutions for BNB Greenfield storage providers. The submission deadline was August 31st, and the results will be announced on September 4th.
Token Unlocking:
Tornado Cash (TORN) will unlock approximately 22,800 tokens worth about $61,000 on September 4th at 11:06.
September 5th
Project Updates:
Connext will airdrop its native token “Next” on September 5th.
Blockchain interoperability project Connext will launch its native token called Next on September 5th. The Connext team also plans to airdrop Next tokens to early users of Polygon, Arbitrum, Optimism, and Gnosis Chain. The claiming will start on September 5th. The airdrop distribution service utilizes Connext’s recently released xERC20 token standard, which allows for cross-chain asset transfers without slippage.
Connext is collaborating with Tokensoft to launch “Cross-Chain Airdrops as a Service”, allowing users to claim their tokens on any chain without the need for bridging or incurring additional gas fees. The total supply of NEXT tokens is 1 billion, with 30% allocated to the DAO, 10.8% allocated to the Connext Foundation, 10% for airdrops, 22.34% allocated to early supporters, 11.24% allocated to the ecosystem and strategic supporters, 11.68% allocated to the early team and advisors, and 3.90% allocated to Proxima Labs.
Token Unlocking:
Liquity (LQTY) will unlock approximately 657,000 tokens, worth approximately $530,000, on September 5th at 8:00 AM.
Galxe (GAL) will unlock approximately 416,000 tokens, worth approximately $460,000, on September 5th at 8:00 PM.
September 6th
Exchange:
Coinbase will temporarily suspend NEST V1 trading on September 6th and does not support token swaps for V2.
Coinbase Assets stated that on August 18th, the Nest protocol announced the deprecation of the existing NEST V1 and the issuance of NEST V2 under a new contract address. Coinbase will temporarily suspend trading of Nest Protocol V1 (NEST) around 12:00 AM on September 6th, 2023 Beijing time, ahead of the planned token swap for the project. Users will still be able to access their NEST V1 funds on Coinbase and continue to withdraw funds at any time. Please note that Coinbase does not support token swaps from NEST V1 to V2.
Project Updates:
Wombat Exchange will launch the Beta version of the Cross-Chain Pool on September 6th.
Multi-chain stablecoin exchange protocol Wombat Exchange announced that the Beta version of the Cross-Chain Pool will be launched on September 6th. In the initial Beta phase, users will be able to easily exchange stablecoins (such as USDT and USDC) on different networks (such as BNB Chain, Arbitrum, and Ethereum) in one place.
Mercedes-Benz NFT series “The Era of Luxury” will open for minting on September 6th.
Mercedes-Benz NXT, a subsidiary of Mercedes-Benz, tweeted that the first era of the NFT series Mercedes-Benz NXT Icons, “The Era of Luxury,” will open for minting in a Dutch auction format at 0:00 on September 6th Beijing time. A total of 2,694 NFTs will be issued in “The Era of Luxury” with a starting price of 1 ETH and a duration of 90 minutes for the auction. If there are any remaining NFTs after the auction, they will be sold at a fixed price of 0.1 ETH. The NFT will be revealed 24 hours after the end of the auction.
Token Unlocking:
LooksRare (LOOKS) will unlock approximately 12.5 million tokens, worth approximately $677,000, on September 6th at 03:54 AM.
September 7th
Exchange:
Binance will update the BTC Zero Fee Trading Program on September 7th.
Binance will update the BTC Zero Fee Trading Program at 08:00 (Beijing time) on September 7th. Taker fees for BTC/TUSD spot and margin trading pairs will be charged based on the corresponding VIP level rates for users. At the same time, users can still enjoy zero maker fees for BTC/TUSD spot and margin trading pairs through the TUSD Zero Maker Fee promotion.
Binance will stop supporting borrowing and lending BUSD on cross-margin and isolated-margin platforms starting from September 7th
Binance announced that due to the halt in the issuance of new BUSD tokens by LianGuaixos, Binance will gradually stop supporting BUSD. The platform reminds users that they can convert their BUSD assets into other assets supported by Binance before February 2024. Binance also stated that BUSD will always be pegged to the US dollar at a 1:1 ratio.
Starting from 8:00 AM on September 7th Beijing time, Binance will stop supporting the withdrawal of Binance-Peg BUSD tokens through BNB Chain, Avalanche, Polygon, and Tron networks. From 2:00 PM on September 7th, Binance will stop supporting borrowing and lending BUSD on cross-margin and isolated-margin platforms. Additionally, Binance will gradually delist BUSD spot and margin trading pairs. The specific delisting information will be announced separately. Currently, Binance Margin has planned to delist cross-margin and isolated-margin trading pairs such as AMB/BUSD and DASH/BUSD on September 7th.
Coinbase will delist 6 tokens including Multichain and Ooki on September 7th
Based on recent reviews, Coinbase will delist BarnBridge (BOND), DerivaDAO (DDX), Jupiter (JUP), Multichain (MULTI), Ooki (Ooki), and Voyager (VGX) at around 12:00 AM Beijing time on September 7th. Coinbase.com, Coinbase Pro, Coinbase Exchange, and Coinbase Prime will all stop trading the mentioned 6 tokens.
Binance releases important updates regarding BETH and WBETH, including the discontinuation of supporting BETH as collateral on September 7th
Binance releases important updates regarding BETH and WBETH. BETH will continue to be used for ETH staking rewards, while WBETH can be used for trading, as collateral for Binance’s borrowing and lending service, and for participating in DeFi projects outside of Binance. Binance will continue to support BETH, and users can still deposit BETH into Binance. Users holding BETH in their spot wallet will continue to receive ETH staking rewards daily. Users can redeem BETH for ETH at any time, wrap BETH into WBETH, or unwrap WBETH into BETH tokens. WBETH holders will receive the same ETH staking rewards as BETH holders.
About the Dollar-Cost Averaging (DCA) plan: Binance’s DCA plan will stop supporting single and portfolio purchases of BETH starting from 10:00 AM on September 8th. Binance reminds users to adjust their plans to convert BETH into WBETH. Regarding borrowing and lending: New Binance Margin or VIP Margin applications starting from 4:00 PM on September 7th will no longer support BETH as collateral. However, BETH can still be used as collateral for existing margin borrow orders. Regarding liquidity mining: Starting from 4:00 PM on September 8th, the annual yield of the WBETH liquidity pool will gradually increase, while the annual yield of the BETH liquidity pool will decrease. Starting from 12:00 PM on October 2nd, users will no longer be able to add liquidity to the ETH/BETH or BETH/USDT liquidity pools.
Project Updates:
BAYC to Open HV-MTL Forge Rift on September 7th
BAYC announced that the HV-MTL Forge Rift will open on September 7th and shared information on what participants need to know before entering the “Rift.” According to the announcement, HV-MTL holders and their mechs should continue to “accumulate energy” and “build tiles” until they see the Rift portal in the forge. This additional energy will allow players to enter the Rift and upgrade their HV-MTL. HV-MTL holders and their mechs must pass through the Rift to participate in the boss battle and receive APE rewards.
Token Unlock:
Hashflow (HFT) to Unlock Approximately 3.23 Million Tokens, Valued at around $1.07 Million on September 7th
September 8th
Policy and Regulation:
US Senate Finance Committee Issues Public Letter on Cryptocurrency Taxation, Public Comment Period Ends on September 8th
US Senate Finance Committee Chairman Ron Wyden and Ranking Member Mike Crapo released a public letter in July this year, addressing nine topics including digital asset lending, laundering, collateralizing, and mining. The letter seeks assistance from the cryptocurrency industry to better understand how Congress can address the tax challenges and opportunities brought by digital assets. The letter states, “The revised 1986 Internal Revenue Code (IRC) distinguishes between different types of property, but does not directly classify digital assets. This uncertainty creates complex reporting issues for taxpayers…” The committee will collect answers before September 8, 2023.
Project Updates:
Ripple Files Motion Opposing SEC’s Interlocutory Appeal, SEC Must Respond by September 8th
A document filed by Fox Business reporter Eleanor Terrett shows that Ripple has filed a motion opposing the SEC’s interlocutory appeal. Ripple’s representative lawyer stated, “There are no exceptional circumstances required for an interlocutory appeal.” The SEC must respond to the filed motion by September 8th. Previously, the SEC filed a motion with the U.S. District Court for the Southern District of New York, seeking an interlocutory appeal in its legal dispute with Ripple Labs. A federal judge ruled earlier that while Ripple’s direct sales of XRP to institutional investors violated securities laws, its programmatic sales to retail investors through exchanges did not.
Governance Voting:
Cosmos Community Votes on “v12 Upgrade” Proposal, Introducing Liquid Staking Module, Voting Closes on September 8th
The Cosmos community is currently voting on the “v12 software upgrade” proposal. Gaia v12 is a major version that includes a Liquid Staking Module and other core dependency updates. The voting will conclude on September 8th.
Token Unlock:
Moonbeam (GLMR) to Unlock Approximately 3.04 Million Tokens, Valued at around $566,000 on September 8th
September 9th
Exchange:
Binance will convert the balance of delisted token NBS into USDT from September 9th to December 9th
Binance will convert the balance of delisted token New Bitshares (NBS) held by users in their Binance wallets into equivalent USDT. Binance plans to convert all users’ New Bitshares (NBS) balance into equivalent USDT by 7:59 on December 9th. The conversion rate will be based on the average exchange rate of NBS/USDT from September 9th, 2023, at 8:00 to December 9th, 2023, at 7:59. After the conversion of all affected users’ New Bitshares (NBS) token balance into USDT is completed, a separate announcement will be made. More information about the average exchange rate of NBS/USDT during the conversion period will be announced at the end of the conversion period.
Token Unlocking:
ImmutableX (IMX) will unlock approximately 18.08 million tokens, worth about $9.8 million, on September 9th at 18:00
Community Event:
The 2023 Inclusionconf Bund Summit Sub-forum “Fusion Innovation-Web3 New Development Forum” jointly organized by Ant Group and LianGuaiNews will be held on September 9th
September 10th
Policy Regulation:
The Cyberspace Administration of China is conducting a collection of innovative blockchain application cases for 2023, deadline is September 10th
Under the guidance of the Information Development Bureau of the Cyberspace Administration of China, the Data and Technology Support Center of the Cyberspace Administration of China is conducting a collection of innovative blockchain application cases. The collection focuses on the integration and development of blockchain technology and industry, with themes including innovative products, applications, and service models in the fields of real economy, social governance, livelihood services, and financial technology. The collection is open to party and government departments, enterprises and institutions, and social organizations registered and qualified in the People’s Republic of China. The collection will end on September 10th.
To be determined
Native USDC will launch on the Base mainnet next week
Base announced that native USDC will soon launch on the Base mainnet, and native and bridged USDC (USDbC) will continue to coexist on Base. According to Circle CEO Jeremy Allaire, the launch of native USDC on the Base mainnet is scheduled for next week.
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