Must-watch next week | BounceBit will launch mainnet and airdrop tokens; LayerZero will announce official Sybil inspecti

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Must-watch next week | BounceBit will launch mainnet and airdrop tokens; LayerZero will announce official Sybil inspecti

Next weeks highlights

OpenAI plans to announce a competitor to Google Search next Monday

BounceBit: Mainnet and token airdrop will be launched on May 13th ;

FTX Digital customers and non-customer creditors must submit proof of debt or claim by May 15 ;

BCH will undergo a full network upgrade on May 15, including an adaptive block size limit algorithm ;

Peaq will launch the PEAQ token on CoinList from May 9 to May 16 ;

LayerZero will release the official witch check results on May 18th .

From May 13 to May 19, more noteworthy events in the industry are previewed below.

May 13

OpenAI plans to announce a competitor to Google Search next Monday

OpenAI plans to announce its AI search product next Monday, a move that will intensify its competition with search giant Google. The announcement date has not been reported before and may change.

Earlier media reports said that OpenAI is developing a search product that could compete with Google and well-funded artificial intelligence search startup Perplexity.  

Binance has opened the BounceBit (BB) Megadrop, BB trading will be launched on May 13

Odaily Planet Daily News According to the official announcement, Binance launched its first Megadrop project – BTC re-staking public chain BounceBit (BB). Users can participate in the BounceBit Megadrop from 08:00:00 on April 26 (Eastern Time Zone 8).

The BounceBit (BB) Megadrop App page is expected to be launched within approximately five hours of this announcement. Binance will launch BounceBit (BB) at 18:00 (ET) on May 13, and open BB/BTC, BB/USDT, BB/BNB, BB/FDUSD and BB/TRY trading markets, with seed tag trading rules applicable.

BounceBit: Mainnet and token airdrop will be launched on May 13

Odaily Planet Daily News BounceBit official posted on the X platform that the mainnet will be launched on May 13 and announced the recent plans:

On May 6, newly added Premium Yield will be suspended until the mainnet is launched, and those who have already joined will continue to receive rewards.

From May 6th to 12th, BounceBit introduced the first batch of professional node operators.

On May 12-13, LCTs (BBTC/BBUSD) were distributed to relevant chains.

On May 13, BounceBit mainnet was launched. BB airdrops will be automatically distributed to each eligible wallet, without the need to claim or interact with any web page; Binance Megadrop announced the results and distributed rewards; Premium Yield resumed; asset withdrawals opened.

zkSync will be upgraded on May 13th, adding new features such as P256 Verify and Bridgehub

Odaily Planet Daily News: Ramon, the product delivery manager of Matter Labs, posted on the X platform that zkSync will be upgraded on May 13. The upgrade mainly includes 4 contents:

1. P 256 Verify: This precompile allows signature verification for the secp 256 r 1 elliptic curve and also adds ecAdd, ecMul and ecPairing precompiles;

2. Bridgehub: The foundational component that unlocks interoperability of all ZK Stack chains, aiming to make cross-chain transactions seamless;

3. On the ZK Stack side, protocol work to support Validium, custom DA layers, and custom base tokens has also been completed, and with some upcoming server changes, these changes will be available on the ZK Stack chain;

4. Support .transfer/.send calls without providing Gas, which can unlock some ETH stuck in contracts that were deployed without following best coding practices.

Sanctum: Due to a recent error with the Wonderland EXP bonus event, the event has been extended to 00:00 on May 13th.

Odaily Planet Daily News: Solana Ecosystem LST Protocol Sanctum posted on the X platform that a bug in the EXP bonus activity was recently discovered, which means that the EXP bonus cannot work properly and users can only get normal EXP on Infinitie.

Officials say the EXP boost is now up and running.

To make up for the mistake, the bonus event will be extended for 24 hours and will end at 12:00 noon EST on Sunday, May 12 (0:00 Beijing Time on May 13).

Synthetix founder: Plans to launch Infinex on May 13, but has not yet passed the on-chain vote

Odaily Planet Daily News: Kain Warwick, founder of Synthetix, said at ETH Global in Sydney that he plans to officially launch the decentralized perpetual contract exchange Infinex on May 13. There will be an Account Launch Day on May 13, when Infinex users can access their self-custodial accounts on the platform.

Warwick said May 13 is just a proposed date that has been submitted to the Synthetix protocol governance DAO and still needs to be approved by an on-chain vote to launch.

Infinex then announced on the X platform that starting at 8:00 on May 13, anyone can create an account and deposit USDC to earn governance points (GP). It is reported that stakers can deposit USDC on networks such as Ethereum and Solana to obtain 377 million GP and a portion of the Patron NFT supply, and obtain priority access to future integrations.

May 14

Bybit plans to launch BUBBLE spot trading on May 14

Odaily Planet Daily News Bybit announced that it will launch Imaginary Ones (BUBBLE) spot trading at 10:00 (UTC time) on May 14, and deposits and withdrawals will be carried out through the ETH network.  

Bounce Brand to Launch Bounce MA on May 14

Odaily Planet Daily News: Bounce Brand posted on the X platform that Bounce MA will be launched at 1:00 UTC on May 14 (9:00 Beijing time).

Users will be able to mint new synthetic tokens, combining three tokens (the specific currencies have not yet been disclosed) into one synthetic token.

ThunderCore plans to carry out Athena hard fork upgrade on May 14

Odaily Planet Daily reported that according to official news, ThunderCore plans to perform an Athena hard fork upgrade at block height 163550404 at 13:53:43 on May 14, 2024.

The main goals of this network upgrade are to increase the computer and storage architecture supported by ThunderCore nodes to improve efficiency and reduce costs, prepare for future ThunderCore on-chain governance, and make the ThunderCore API more applicable to various programming languages.

MixMob: Racer 1 will be released on the Apple App Store and Google Play Store on May 14

Odaily Planet Daily News: Solana ecological game project MixMob announced that its Race-to-Earn game MixMob: Racer 1 will be released on the Apple App Store and Google Play Store on May 14.

The free-to-play game supports the use of MixMob’s MXM token, which players can stake in “Turbo Arenas” to participate in governance and earn rewards.

MixMob has released a trailer for the mobile version of the game. MixMob will also open in-game leaderboards ahead of the first World Clash competition on May 30.

The iPhone and iPad versions of MixMob: Racer 1 are now available for pre-order worldwide, and will then be automatically downloaded on May 14th.

May 15

FTX Digital customers and non-customer creditors have until May 15 to submit proof of debt or claim

Odaily Planet Daily News: The Joint Official Liquidators (JOL) of FTX Digital Markets Ltd (FTX Digital) have notified customers and non-customer creditors to submit claims or proof of claims in the liquidation through the FTX Digital claims portal, and have enabled the FTX Digital claims portal. Eligible customers and non-customer creditors are required to submit claims in a timely manner. Users can view the balance in their FTX account on the website (according to the records of the Joint Official Liquidators) and submit electronic claims in the FTX Digital liquidation. The deadline is May 15, 2024.

It is reported that FTX Digital Markets Ltd. will hold its first creditors meeting in Nassau, Bahamas at 22:30 on March 15, 2024. The purpose of this meeting is to establish a liquidation committee for the formal liquidation of FTX Digital in accordance with the requirements of Article 8 of the Company Liquidation Rules 2012.

BCH will upgrade the entire network on May 15, including an adaptive block size limit algorithm

Odaily Planet Daily News Bitcoin Cash (BCH) will undergo a full network upgrade on May 15. The upgrade is codenamed Jessica and will include the Adaptive Block Size Limit Algorithm (ABLA), which allows the blockchain to automatically and quickly respond to congestion, thereby protecting the network from social attacks. (Bitcoin.com)

Cosmos Hub passed Proposal 914 and plans to upgrade to v1.6 on May 15

Odaily Planet Daily News According to Cosmos Hub’s announcement on the X platform, Proposal 914 has been approved by the community, which means that the v1 6 software upgrade will be implemented. Cosmos Hub said that this upgrade will be implemented at block 20440500 (expected to be on May 15). It is reported that v 6 includes new key features implemented by upgrading to SDK v 0.47: IBC rate limit module: prevents IBC tokens from flowing in or out in large quantities in a short period of time, adding an extra layer of protection for IBC transfers; ICA controller submodule: enables Hub users to use their Hub accounts to perform operations on other chains; IBC fee middleware: creates IBC channels through in-protocol relay incentives.

opBNB testnet plans to carry out four hard fork upgrades at 14:30 on May 15

Odaily Planet Daily News BNB Chain announced on the X platform that the opBNB testnet plans to carry out four hard fork upgrades and release version v 0.4.0 at 14:30 on May 15, aiming to reduce the gas fee on opBNB by 10 times. It is reported that this version includes merging code from the upstream version v1.7.2 to convert the testnets DA data from calldata to blob format.  

L2 network Mint may launch mainnet on May 15

Odaily Planet Daily reported that the mainnet of Mint, an Ethereum L2 network focusing on NFT, may be launched on May 15.

Pancakeswap: CAKE prediction market will close on May 15

Odaily Planet Daily News Pancakeswap posted on the X platform that the CAKE prediction market will be closed on May 15.

May 16

Coinbase International plans to launch JTO, JUP and TNSR perpetual contract trading on May 16

Odaily Planet Daily News: Coinbase International Station announced on the X platform that it plans to open JTO, JUP and TNSR perpetual contract trading at or after 9:30 am UTC on May 16.  

Binance Options will be upgraded at 17:00 on May 16

Odaily Planet Daily reported that according to the official announcement, Binance Options will undergo a system upgrade at 17:00 (Eastern Time Zone 8) on May 16, 2024, and the upgrade is expected to take 5 minutes.

The main improvements of this upgrade include: Improving overall system performance and stability During the system upgrade, users interacting with the Binance API may encounter invalid API key, IP, or operation permission errors when requesting eAPI endpoints.

In addition, during the system upgrade, the transfer business between Binance spot and Binance options will be suspended. During the system upgrade, option trading will not be affected.

Peaq will launch PEAQ tokens on CoinList from May 9th to May 16th

Odaily Planet Daily News: Peaq announced that it will launch its native token PEAQ on CoinList from May 9 to May 16. Users in the United States, Canada, China, South Korea and some other jurisdictions will not be able to participate. In addition, Peaq is preparing to launch the mainnet. (Chainwire)

Saga Vault One airdrop event has started, and the deadline for claiming is May 16

According to Odaily Planet Daily, the modular blockchain platform Saga posted on the X platform that the Saga Vault One airdrop event has been launched and the deadline for claiming is 11:00 Pacific Time on May 15 (2:00 am Beijing Time on May 16).

May 17

Nigerian court postpones hearing of Binance executives in tax evasion case to May 17

Odaily Planet Daily News: Judge Emeka Nwite of the Federal High Court in Abuja, Nigeria, has ruled to postpone the tax evasion lawsuit hearing of Binance executive Tigran Gambaryan to May 17, when a clear judgment will be made. (Bitcoinist)

LayerZero: Self-reporting of Sybil addresses required before May 17

Odaily Planet Daily reported that LayerZero published a statement on the X platform stating that distributing tokens to persistent users (rather than Sybil users) is in the best interest of the protocol. For Sybil users, there are now two options: self-report the Sybil address before May 17 to retain a 15% airdrop share; once the address is marked by LayerZeros internal Sybil report or bounty hunter, further reporting will no longer be valid and no tokens will be received.

May 18

LayerZero will release official witch check results on May 18th

Odaily Planet Daily News According to LayerZero official disclosure, this witch purge will be divided into three rounds in total.

The first round is the user self-exposure stage, which will last for 14 days. Users who believe that they are suspected of being a witch can self-expose through the window provided by LayerZero during this stage to retain 15% of the airdrop allocation.

The second stage is the official inquiry stage. LayerZero officials will conduct Sybil screening according to specific rules during this stage. The screening results will be announced on May 18. Addresses found during this stage will not receive any airdrop allocations.

The third phase is the “mutual reporting” phase, which will last from May 18 to May 31. LayerZero encourages community users to report witches to each other. Successful reporters can receive 10% of the airdrop share of the reported address.

May 19

a16z Speedrun accelerator application deadline is May 19

Odaily Planet Daily reported that the application deadline for a16z Speedrun accelerator is May 19. Each startup joining the Speedrun accelerator program will receive US$750,000.

Others (specific time undetermined)

Merlin Chain will launch an ecological incentive plan next week  

Odaily Planet Daily reported that since the Bitcoin second-layer network Merlin Chain released its pledge at the end of April, its $3.8 billion in liquidity has not been lost from the ecosystem. Instead, it has poured into its ecosystem dApps and has developed rapidly in DeFi, infrastructure, games and other tracks.

It is reported that Merlin Chain will launch an ecological incentive plan next week to support more developers to join and stimulate the native application innovation and ecological expansion of the Bitcoin ecosystem.  

Public chain infrastructure Trias: NetX TSC testnet will be launched next week

Odaily Planet Daily News: Trias, a public chain infrastructure, announced on the X platform that it will launch the NetX TSC test network next week. Trias aims to conduct stress testing through the test network and prepare necessary optimizations and upgrades for the main network launch.

According to previous news, Trias released a community letter in February 2024, planning to release the first version of the mainnet in the first quarter. The specific time will be adjusted based on the testing progress and community feedback.

This article is sourced from the internet: Must-watch next week | BounceBit will launch mainnet and airdrop tokens; LayerZero will announce official Sybil inspection results (May 13-May 19)

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