Must-watch next week | The Federal Reserve announces interest rate decision; Aethir opens Season 1 airdrop application (
Next weeks highlights
SingularityNET: The merger of FET, AGIX, and OCEAN will begin on June 11, and the merged token will be ASI ;
Infinex, a subsidiary of Synthetix, will complete the distribution of governance points on June 13 ;
1 0x Research: Chiliz (CHZ) may surge due to the start of the European Cup on June 14 .
From June 10 to June 16, more noteworthy events in the industry are previewed below.
June 10
TON: Minting of new jUSDT stopped on June 10
Odaily Planet Daily News: TON published a post on the X platform stating that TON supports the transition from jUSDT to native USDT on the chain, and so far, 316 million USDT have been circulated on the TON blockchain. Some important updates about jUSDT and USDT-TON are as follows:
1. The minting of new jUSDT will stop on June 10, 2024;
2. The percentage fee for all outgoing jUSDT transactions on TON Bridge has been removed;
3. As long as there are jUSDT holders, outgoing transactions will still be supported;
4. TON Foundation will soon add more liquidity to the jUSDT/USDt pool on DEX;
5.The era of USDT native cross-chain bridge is coming.
Polyhedra Network will launch ZKJ staking function on June 10
Odaily Planet Daily News Polyhedra Network announced on the X platform that it will launch the ZKJ staking function on June 10. Users can stake ZKJ tokens to earn ZKJ tokens and receive token rewards from its ecosystem partners.
2 Miners will be offline on June 10 Monero (XMR) mining pool
Odaily Planet Daily reported that the cryptocurrency mining pool 2 Miners announced on the X platform that it will shut down the Monero (XMR) mining pool on June 10, and users can continue to use their CPUs for Zephyr (ZEPH) mining.
June 11
Odaily Planet Daily News SingularityNET (AGIX) officially announced the final date for the merger of the Artificial Super Intelligence Alliance (ASI) tokens with Fetch.ai and Ocean Protocol. The merger will begin on June 11 and will be unified under a decentralized artificial intelligence (AI) network. FET will be renamed ASI and will be completed on June 13.
For FET, AGIX, and OCEAN token holders, the merger will involve converting these tokens into ASI tokens at a specific exchange rate.
FET tokens will be converted to ASI at a ratio of 1:1, AGIX at a ratio of 1:0.433226, and OCEAN at a ratio of 1:0.433226.
The ERC-20 token will be launched on June 11th, and users can exchange FET for ASI tokens through the token migration contract. The AGIX and OCEAN token swap will then be enabled on June 13th.
The migration process will be carried out on SingularityNETs decentralized artificial intelligence platform, and users can redeem tokens using the audited token migration contract provided by SingularityNET. (Cointelegraph)
Web3 Strategy Game Ragnarok: Nyangvine Holder Lottery Snapshot to Take Place on June 11
Odaily Planet Daily News Web3 strategy game Ragnarok announced on the X platform that the Nyangvine holder lottery snapshot will be conducted at 8:00 am Beijing time on June 11. At the same time, the Genesis Tamer lottery snapshot will be conducted later.
June 12
Odaily Planet Daily reported that according to official news, Aethir announced the airdrop details of the ATH token: the total supply of ATH is 42 billion, of which 2.52 billion (6%) have been reserved for airdrop rewards.
The Aethir airdrop event will be divided into three Seasons, and Season 1 (Aethir Cloud Drop) ended on May 29.
The airdrop season reward details are as follows: Season 1 will distribute 630,000,000 ATH; Season 2 (starting in about 8 months) will distribute 630,000,000 ATH; Season 3 (starting in about 16 months) will distribute 1,260,000,000 ATH.
Aethir Cloud Drop participants are included in the Season 1 airdrop, where 74.5% of the rewards will be reserved for Aethir community members (including Checker Nodes) and 25.5% will be distributed to the external community.
The Aethir Cloud Drop claiming process will be conducted through a dedicated claiming platform on June 12. On that day, all Aethir Cloud Drop participants can claim their ATH allocation through the designated link.
Odaily Planet Daily News Aethir announced that from June 12, Aethir Checker Node holders can set up and start Checker Node on Aethirs mainnet, and will begin to receive 15% of the total supply of ATH in the next four years. Officials said that more than 75,000 Checker Node licenses have been distributed to more than 22,000 community members.
Active Checker Nodes will receive a 10% Checker Node Operator Reward, while an additional 5% of the ATH supply will be reserved as a reward. Aethir will conduct regular quarterly evaluations of all Checker Nodes to determine which nodes are eligible for the 5% reward based on criteria such as excellent uptime and not withdrawing rewards early.
Additionally, as an exclusive bonus, all Checker Nodes will receive the full ATH reward during the onboarding phase of the Aethir Checker Node Network between June 12th and June 27th, regardless of their total uptime.
OKX will launch ATH (Aethir) on the spot market and will open for trading on June 12
Odaily Planet Daily reported that OKX will launch ATH (Aethir) on the spot market. Deposits have been opened at 19:00 on June 7 (UTC+ 8), and trading will be opened at 18:00 on June 12 (UTC+ 8).
June 13
The Block reported that zkSync plans to airdrop around June 13 (official unconfirmed)
Odaily Planet Daily News: Two people familiar with the matter said that zkSync plans to launch the TGE this week and airdrop in mid-June. The sources said that the token issuance, including the airdrop, will be carried out within 30 days after the TGE. They added that the total supply of the token is 21 billion. According to the screenshot of the internal message, ZkSync is currently aiming to airdrop around June 13, and the company noted that it is expected to be carried out before the Blast token airdrop on June 26. (TheBlock)
Synthetixs Infinex to Complete Governance Points Distribution on June 13
Odaily Planet Daily News: Infinex, a decentralized perpetual contract trading platform launched by Synthetix, announced on the X platform that users can now create accounts and support deposits to earn governance points (GP). Within 30 days, users can deposit USDC on networks such as Ethereum and Solana to obtain 377 million GP and a portion of the Patron NFT supply, and gain priority access to future integrations. The future schedule is as follows:
May 13th 8:00 – Infinex opens deposits (request a username);
May 14th 8:00 – 377 million GP began to circulate;
June 13th 8:00 – GP is fully allocated.
Note: Deposits are locked during the 30-day campaign period.
In addition, Infinex’s current TVL exceeds $4 million.
Odaily Planet Daily News: Infinex, a decentralized perpetual contract trading platform launched by Synthetix, announced on the X platform that it will issue 20 million governance points to Mad Lads and Pudgy Penguins holders respectively. Users can create an Infinex account and deposit 50 USDC to qualify for the distribution. The snapshot will be taken on June 13.
Cookie 3 Completes $5.5 Million in Funding and Will Launch COOKIE Token on June 13
Odaily Planet Daily reported that according to official news, MarketingFi and AI data layer Cookie 3 announced the completion of US$5.5 million in financing, including US$3.3 million in seed round and strategic round financing.
Cookie 3 raised $500,000 in seed and $2.8 million in strategic rounds, with investors in the seed round of COOKIE tokens including The Spartan Group, Baboon VC, GSR, Hartmann Capital and Poolside. Its $2.5 million strategic round was led by Animoca Brands, with other strategic investors including Mapleblock Capital, Castrum Capital, Founderheads, Unreal Capital, Oddiyana Ventures, ChainGPT Labs, SkyVision Capital (SVC), New Tribe Capital, Undefined Capital and Kangaroo Capital.
In addition, COOKIE token is the Cookie ecosystem governance and utility token, which will be launched at 18:00 on June 13th, Beijing time.
June 14
Odaily Planet Daily reported that the Federal Reserve will announce its interest rate decision and a summary of economic expectations on June 14, and Federal Reserve Chairman Powell will hold a monetary policy press conference.
Coinbase: Plans to Suspend Enjin Coin (ENJ) Trading on June 14
Odaily Planet Daily News According to Coinbase Assets’ announcement on the X platform, based on recent reviews, it will suspend trading of Enjin Coin (ENJ) on June 14 (around 2 pm EST).
Nigerian judge: Binance executive Tigran Gambaryan may be arraigned on June 14
Odaily Planet Daily News: A Nigerian court has postponed the tax evasion case against Binance executives until next month. According to Reuters, on Wednesday, Nigerian authorities failed to bring Binance executive Tigran Gambaryan, who was charged in the case, to court, resulting in the postponement of the case.
Neither Nigerian authorities nor Binance have provided an explanation for Tigran Gambaryan’s absence.
Moses Ideho, a lawyer for the tax bureau, said that Gambaryan is expected to be taken to court by the Nigerian Prison Service. Subsequently, Judge Emeka Nwite set June 14 as the possible date for the arraignment of Binance and Gambaryan. (Coin Edition)
1 0x Research: Chiliz (CHZ) may surge due to the start of the European Cup on June 14
Odaily Planet Daily News 1 0x Research published an article on the X platform saying: Will there be a big rise on June 14? The Chiliz (CHZ) token may rebound.
We’ve seen this over and over again: events are the best catalysts for trading cryptocurrencies because prices tend to rally in anticipation. The key is to exit when the event arrives and not get hung up on the storyline. But there are often opportunities to make money in the price rally leading up to the event. That may apply again in this case.
The launch of CME Bitcoin futures in December 2017 triggered a massive price increase, but marked the apex of that bull run. Similar apexes occurred with the launch of Coinbase in April 2021 or the launch of futures-based Bitcoin ETFs in October 2021. A recent example was the launch of a Bitcoin spot ETF in January 2024, which caused the Bitcoin price to rebound before then falling 15%.
The European Football Championship is scheduled to kick off on June 14. While not as important to the overall crypto market as the Bitcoin product launch, it could have an impact on the Chiliz (CHZ) token. With less than three weeks to go, now could be the time to get exposure. Chiliz (CHZ) is about to rise…”
Mande Network: Mainnet RollApp will be launched on June 14
Odaily Planet Daily News: Mande Network, an on-chain reputation network based on Dymension and Celestia, announced on the X platform that its mainnet will be launched soon, and the mainnet RollApp will be launched on June 14.
Cyber Season 2 staking will end on June 3, and mainnet staking will go live on June 14
Odaily Planet Daily News Cyber said that it will stop the current Season 2 staking on June 3. At that time, a snapshot of the staking score will be taken and rewards will be calculated. The rewards will be calculated based on the June 3 snapshot.
In addition, due to the complexity of its pledge design, the contract review time is longer than expected, so the Cyber mainnet pledge will be delayed by one week and is scheduled to go online on June 14. Currently, pledge users can choose to join the mainnet pledge early bird event on the Cyber official website before June 3 to obtain more rewards and free migration to the Cyber mainnet.
The main changes are as follows: the end of the second season and the snapshot date have been changed from June 8 to June 3. For staking, please make sure to choose to join the mainnet staking early bird event before June 3 to receive additional rewards; the start date of Cyber mainnet staking has been postponed from June 8 to June 14.
The second phase of the blockchain game Heroes of Mavia will be launched on June 14
Odaily Planet Daily News: The blockchain game Heroes of Mavia announced on the X platform that the second phase, Next Frontier, will be launched on June 14.
June 15
Applications for TON Open League Season 4 are now open, and the deadline is June 15
According to official news from Odaily Planet Daily, TON announced that the Open League S 4 is open for registration. This season will include competitions in tokens, applications, NFTs and DeFi categories. The application will close on June 15th, Beijing time (originally scheduled for June 11th, but has been extended).
The main updates of the fourth season are as follows: this season will merge the main league and the minor league. As usual, the winner of the previous season will receive LP boost; registration for the DeFi and NFT competitions is now open, but the start date has not yet been determined; to be eligible to participate in the application competition, teams with Telegram Mini App need to integrate a new SDK; at the end of the fourth season, the top 10 projects on the leaderboard will receive LP boost in the fifth season.
Odaily Planet Daily reported that Marlin posted on the X platform that the relayer network had been migrated from Ethereum to Arbitrum in January 2022. Users need to cancel the pledged tokens and cross-chain them to Arbitrum in order to continue to participate in the Marlin network.
The Ethereum network’s user interface will be deprecated on June 15, and Ethereum users need to complete this operation before that date. After the expiration date, it needs to be completed directly through the smart contract. In addition, users on Arbitrum do not need to take any action.
June 16
Notcoin: Users must claim NOT before June 16
Odaily Planet Daily News: Notcoin users need to claim NOT before June 16. They can withdraw NOT from the Notcoin bot to their wallets, and staking users can also withdraw. The special offer for staking has ended, and the Levels and Explore features will be opened to new users soon. Some unclaimed NOT will be used for future development, and other tokens will be destroyed.
This article is sourced from the internet: Must-watch next week | The Federal Reserve announces interest rate decision; Aethir opens Season 1 airdrop application (June 10-June 16)
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