Preview of this week's top news | Biden will attend the Bitcoin Roundtable in early July; Mt. Gox will start repaying Bitcoin and BCH in early July; the ASI token merger plan will be implemented

Compilation: Fairy, ChainCatcher
Key news: Biden will attend the Bitcoin Roundtable in Washington in early July. Mt. Gox will start Bitcoin, BCH repayment in early July 2024. The UK will hold a general election on July 4 AGIX and OCEAN will first be converted to FET on July 1st, and then transition to the ASI token ether.fi: Season 3 will start on July 1st Mint will be launched on the public mainnet on July 1st Particle token TGE will be on July 1st At 18:00 on July 2, Grab will stop e-wallet services in Vietnam on July 1 (Monday). Grab, a multi-functional online service platform in Southeast Asia, announced today that it will stop providing e-wallet services in Vietnam. Launched in 2018 through a strategic partnership with local payments company Moca. The change will affect the Moca app and Grab’s app in Vietnam starting July 1. The cooperation includes Moca providing payment intermediary services for all Grab’s businesses in Vietnam. Users will receive a refund for their remaining balance. Additionally, Grab users can still make cashless payments using bank cards, ZaloPay accounts and MoMo accounts.
Binance updates custody sub-account function Starting from 08:00 on July 1, 2024 (Eastern Eighth District time), Binance will update its custody sub-account function (MSA). This update includes: asset requirements, fee structure , New custody sub-account fees.
Any team that deploys active contracts on the Zetachain mainnet can submit a ZETA reward RFP proposal for full-chain abstraction L1. Zetachain announced the first round of XP airdrops and will allocate 10 million ZETA rewards to any team that deploys active contracts on the Zetachain mainnet and has active users. Anyone can submit a ZETA reward RFP proposal before 08:00 on July 1, Beijing time. This airdrop focuses on the first batch of XP users as of the snapshot on May 1. About 419,000 users are eligible, and these users have at least 200,000 XP.
Zetachain states that projects should allocate at least 95% of tokens to users when creating proposals, with the development team retaining up to 5% to cover operating costs or future user growth plans. The project can determine reward mechanisms such as first come first served, proportional distribution, etc.
In addition, Zetachain stated that since the release of Zetachain 1.0, the User Growth Pool has distributed 80 million ZETA to users.
Binance will delist and stop trading of all spot trading pairs of OCEAN and AGIX on July 1. Binance will delist and stop trading of all spot trading pairs of OCEAN and AGIX at 11:00 on July 1st, Beijing time. Support OCEAN and AGIX merged into FET.
Previous news, the Artificial Super Intelligence Alliance announced major progress and updates on the ASI token merger, which is scheduled to be implemented on July 1, 2024. The token merger will temporarily merge SingularityNET’s AGIX and Ocean Protocol’s OCEAN tokens into Fetch .ai’s FET and then transition to later ASI tokens.
AGIX and OCEAN will first convert to FET and then transition to ASI tokens on July 1. The Artificial Super Intelligence Alliance announced major progress and updates on the ASI token merger, which is scheduled to be implemented on July 1, 2024. The merger will temporarily merge SingularityNET's AGIX and Ocean Protocol's OCEAN tokens into Fetch.ai's FET, and then transition to the ASI token later.
AGIX and OCEAN tokens will be migrated to FET with a conversion rate of 1 AGIX equal to 0.433350 FET and 1 OCEAN equal to 0.433226 FET respectively.
Previous news, Binance will support the merger of FET, OCEAN and AGIX into ASI on July 1st.
The decentralized autonomous organization W3GG will launch a private sale of tokens on July 1. The decentralized autonomous organization W3GG said it will launch a private sale of tokens on July 1. W3GG offers community members an opportunity to purchase tokens at an initial price of $0.05 each.
To participate in the sale, community members must meet the following requirements:
Own W3GG Account own W3GG SBT Complete KYC on presale.w3gg.io Own more than 1500 WXPether.fi: Season 3 will begin on July 1 Liquidity Staking Protocol ether. fi posted on social platforms that Season 2 will end on June 30. Checker will go live on July 5th. Claims will go live on July 8.
Season 3’s 25 million ETHFI allocation is currently awaiting a vote and will likely be approved. Season 3 will begin on July 1st.
Curve Finance’s first liquidity pool supporting aUSDT stablecoin voting end date Curve Finance announced on the X platform that it has opened voting and plans to launch the first liquidity pool that only supports Tether. It is also the first aUSDT liquidity pool in the current DeFi market , it is reported that the end date of this voting is July 1.
Uphold will stop supporting multiple stablecoins starting from July 1. According to Crypto Briefing, New York cryptocurrency exchange Uphold announced that due to the upcoming implementation of the European Economic Area (EEA) Crypto Asset Market (MiCA) on June 30 ) regulation, the platform will stop supporting multiple stablecoins from July 1.
It is reported that the affected stablecoins include Tether (USDT), Dai (DAI), Frax Protocol (FRAX), Gemini Dollar (GUSD), Pax Dollar (USDP) and TrueUSD (TUSD). Uphold recommends that users convert their holdings of related stablecoins before June 27 to avoid an automatic conversion to USDC on June 28.
WEMIX will launch the Brioche hard fork on July 1st, and the total supply of WEMIX tokens will be reduced by 60%. South Korean blockchain gaming platform WEMIX announced on its official website that the Brioche hard fork will be officially launched on July 1st. . This hard fork aims to introduce revised minting rules and enhanced WEMIX PLAY, while also integrating blockchain technology into the "Legend of YMIR". The total supply of WEMIX will be limited to 588 million coins, a 60% reduction from the current maximum supply of 980 million coins. In addition, with the launch of the Brioche hard fork, the upgraded WEMIX token economics will destroy approximately 435 million WEMIX held by the foundation.
io.net: The application period for the third quarter of the Ignition Rewards Program is scheduled to start on July 1st. io.net announced on the Ends at 11:00 on the day, and users with eligible wallets must claim it before the claim window closes. The claim period for Season 3 will begin at 13:00 UTC on July 1, 2024 (21:00 Beijing time).
dYdX: The monthly unlocking volume of DYDX will be reduced from 33 million to 8.3 million. dYdX stated on the
Aleo releases testnet beta verifier incentive program Programmable Privacy Network Aleo has released testnet beta verifier incentive program. From July 1 to July 15, users can earn Aleo credits by solving Coinbase puzzles and generating zero-knowledge proofs. The official will provide 1 million credit points to the verifier, and the minimum reward can be obtained by accumulating 1,000 mainnet credit points. If the user earns less than this number, he will not be able to obtain the reward.
Mint will be launched on the public mainnet on July 1 Mint, the Ethereum L2 network for NFTs, announced on X that it will be launched on the public mainnet on July 1st.
The landing page of Opyn’s perpetual contract protocol Opyn Markets will be launched on July 1. The decentralized options platform Opyn said on the social platform that it will launch the perpetual contract protocol Opyn Markets. The platform supports any asset and provides linearity, stability and similar For options’ perpetual contracts, the landing page will be launched on July 1st.
On July 2nd (Tuesday), the Particle token TGE will conduct Blast ecological decentralized leverage trading protocol at 18:00 on July 2nd. Particle announced the economics of PTC tokens. Its maximum supply is 200 million, and the community accounts for 55 %, contributors account for 21%, and investors account for 24%.
In addition, the initial airdrop is 20 million tokens (approximately 18.2% of community-allocated tokens), with 24-month vesting; contributors and investors’ tokens are locked for 6 months. In addition, the TGE will take place on July 2 at 18:00.
Parallel Network: The withdrawal function will be launched on the full-chain L2 network on July 2. Parallel Network posted on the X platform that the withdrawal function will be launched on July 2. Users can withdraw assets from Parallel L2 to the public chain, including ETH, Manta, Merlin-Chain and Arbitrum One.
July 3rd (Wednesday) Ronin: Goda upgrade is planned to be launched on July 3rd. Ronin announced that Goda upgrade is planned to be carried out at block 36052600 on July 3rd. In addition, Ronin also said that the Tripp hard fork will enable all validators to Get rewards for generating blocks.
Aaron Hardfork introduced upgradability for Axie & Land smart contracts, and REP-0014 proposed implementing Ethereum’s EIP-1559 to transfer gas fees to the Ronin Treasury.
Scroll will conduct a Curie upgrade on July 3, introducing DA compression to reduce on-chain gas fees. Scroll issued a document on the The Curie upgrade uses the zstd algorithm to further compress data stored in blobs. This compression reduces data size by 2.8x, allowing more transactions to be stored per blob, thereby reducing data availability costs per transaction.
On July 4th (Thursday), Degen launched the sixth season of Airdrop 2. The Base ecological project Degen posted on X that it will extend the fifth season of Airdrop 2 to July 4th, and the sixth season will be launched on the same day.
The U.S. SEC may approve the spot Ethereum ETF as early as July 4 (the SEC has returned the S-1 form again, and it is expected that the probability of approval on this date is unlikely). According to Reuters, citing industry executives, 8 companies including BlackRock Negotiations between asset managers and regulators have entered the final stages, with only the final minor modifications remaining. It is expected that the U.S. SEC may approve an Ethereum spot ETF as early as July 4.
Executives from both companies said the process of revising the offering documents has progressed and only "minor" issues have been resolved. The executives spoke on condition of anonymity because the discussions are confidential. These documents must be approved before the ETF can be issued. A lawyer working with the issuer, who also requested anonymity, said it was "in the final stages" and approval "may only take a week or two."
Wormhole: The W airdrop claim window will close on July 4. Wormhole stated on the social platform that the W airdrop claim window will close at 7:59 on July 4, Beijing time.
In addition, SUI users who are unable to claim their airdrops due to zkLogin will soon be provided with the latest information on claiming.
The UK will hold a general election on July 4 The UK will hold an early general election on July 4, an election that could result in the crypto-friendly Conservative Party losing power.
The Conservative Party has stated that it wants the UK to become a crypto hub and has been instrumental in passing legislation recognizing digital assets as regulated financial services in the country.
According to the latest polls, Labor is leading in the upcoming general election and plans to make the UK a tokenization center. It supports the Bank of England’s digital pound plan, but has not yet taken a position on cryptocurrency legislation.
The redemption time for the first phase of the TAIKO token airdrop will end on July 5. Taiko announced on the X platform that the first phase of the TAIKO token airdrop is now open for redemption. Eligible users can now claim 5% of the initial TAIKO supply, or approximately 50 million tokens. Collection period: June 5, 2024 to July 5, 2024.
On July 5th (Friday), OKX will delist the FET/USDT perpetual contract on July 5th. According to OKX official news, in accordance with the official migration requirements of Fetch.ai, OKX will delist the FET/USDT perpetual contract from 16:00 to 17:00 on July 5th, Beijing time. Delisted FET/USDT perpetual contract.
Binance Opens ASI Spot Trading Binance will support the merger of Fetch.ai (FET), Ocean Protocol (OCEAN) and SingularityNET (AGIX) tokens into ASI.
Binance will stop trading and delist all existing FET, OCEAN and AGIX spot trading pairs at 11:00 on July 1, 2024 (Eastern Eighth District Time); and will stop trading and delisting all existing FET, OCEAN and AGIX spot trading pairs at 16:00 on July 5, 2024 ( East Eighth District Time) open spot trading of ASI/BNB, ASI/BTC, ASI/BRL, ASI/FDUSD, ASI/TRY, ASI/USDC, and ASI/USDT.
July 7 (Sunday) Taiko: The "Trailblazers Trail 3" game event is extended to July 7. The Ethereum second-layer network Taiko based on zkRollup said that the "Trailblazers Trail 3" game event is extended to two weeks. Users will If you play the game on Taiko and conduct in-game on-chain activities before 7 days, you will get the Bouncer Faction badge, which can also get bonus points.
Currently this incentive campaign includes 9 games: Looperlands, Crack&Stack, 0xAstra, 21BJ, EVM Warfare, Stupid Monkeys, Swords & Dungeons, Ultiverse, Zypher Network.
ZK Technology Developer=nil; Foundation will launch Devnet "zkSharding MVP" on July 7 ZK Technology Developer=nil; Foundation announced on X that it will launch its first Devnet-zkSharding on EthCC on July 7 MVP. In the meantime, interested parties can submit an application through the official link and have the opportunity to join a selected group of developers who can first test the Devnet.
The specific time has not yet been determined. Mt. Gox will start repaying Bitcoin and BCH in early July 2024. According to Tree News, Mt. Gox will start repaying Bitcoin and BCH in early July 2024.
Biden will participate in a Bitcoin roundtable in Washington in early July. According to Bitcoinmagazine, Biden will participate in a Bitcoin roundtable with key congressional officials in Washington, D.C., led by U.S. Congressman Ro Khanna The proposed meeting will discuss how to keep Bitcoin and blockchain innovation within the United States.
US Congressman Ro Khanna will host a Bitcoin and Blockchain Roundtable in Washington, D.C., in early July, describing it as “the most important meeting to date between blockchain policymakers and innovation leaders.” The roundtable is expected to include officials from the Biden administration, House of Representatives and Senate, as well as US businessman Mark Cuban. The main goal of this conference is to strategize on how to keep “Bitcoin and blockchain innovation in the United States.”

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