This Week's Key News Preview | Trump's "hush money" case will be heard; Magic Eden announces ME token economics; Ethereum L2 network Lisk launches airdrop.

Organized by: Fairy, ChainCatcher

Key News:

November 18 (Monday)

DuckChain will conduct an airdrop snapshot on November 18

The TON ecosystem Layer 2 project DuckChain announced on X that it will conduct an airdrop snapshot on November 18.

Magic Eden Foundation: ME's tokenomics will be announced on November 18

The Magic Eden Foundation officially stated on social media that it will announce ME's tokenomics on November 18.

November 19 (Tuesday)

Binance Pre-Market will launch USUAL on November 19 at 10:00 (UTC)

According to the official announcement, Binance will launch Usual (USUAL) on Launchpool and Pre-Market.

Pre-Market will launch USUAL on November 19, 2024, at 10:00 (UTC). Launchpool will start on November 15, 2024, at 00:00 (UTC).

Bitwise Aptos Staking ETP will be listed on the Swiss Stock Exchange

According to Boersen-Zeitung, Bitwise will launch the Aptos Staking ETP on the Swiss Stock Exchange, which will be listed starting November 19.

Binance suspends token deposits and withdrawals for Shentu (CTK) network

According to the official announcement, Binance is expected to suspend token deposits and withdrawals for the Shentu (CTK) network on November 19, 2024, at 20:00 (UTC+8) to support its network upgrade and hard fork. The project will undergo a network upgrade and hard fork at block height 21,239,900 (expected at 21:00 UTC+8 on November 19, 2024).

BNB Beacon Chain will stop operating on November 19

BNB Chain announced that the BNB Beacon Chain hard fork will take effect on November 19, 2024, at 14:00 (block height 384,544,850). Nodes on the BNB Beacon Chain mainnet must be updated to version 0.10.24. At that time, the BNB Beacon Chain will stop operating, and new transactions will no longer be processed.

U.S. judge postpones Trump "hush money" case hearing to November 19

According to a released document, U.S. New York State Judge Juan Merchan agreed to postpone the hearing of the criminal case involving elected President Trump related to "hush money" until November 19.

The Manhattan District Attorney charged Trump in late March last year with attempting to cover up a $130,000 "hush money" payment to an actress by falsifying business records before the 2016 presidential election. Trump firmly denies all charges and does not admit to having an affair with the woman involved.

Optimism: Results of the Season 5 and 6 Superchain contributor rewards are expected to be announced on November 19

Optimism stated on X that during Seasons 5 and 6, up to 3.5 million OP will be allocated to contributors of Optimism Governance, meaning contributors from October 2023 to September 18, 2024, will receive rewards. If there are contributions to Superchain governance, the following dates need attention:

Registration: September 26 - October 10
Application review process: October 14 - October 28
Voting: October 28 - November 7
Results announcement: November 19

November 20 (Wednesday)

FTX executive Nishad Singh will be sentenced on October 30, Gary Wang will be sentenced on November 20

According to Jinshi reports, court records show that former cryptocurrency exchange FTX executive Nishad Singh will be sentenced on October 30, as he testified against FTX co-founder Sam Bankman-Fried. Another co-founder, Gary Wang, will be sentenced on November 20.

FTX and Alameda CEO Caroline Ellison will hold a settlement hearing on November 20

FTX submitted a motion seeking court approval for a settlement agreement with former Alameda Research head Caroline Ellison.

Ellison agreed to transfer assets not seized by the government or used for legal fees to FTX creditors. The motion states that once the terms are met, Ellison will only have certain personal physical properties left. She also promised to cooperate with FTX's investigation and litigation, sharing information obtained in her relationship with Alameda and Sam Bankman-Fried.

FTX stated that this settlement agreement would allow creditors to recover "almost all recoverable assets," and Ellison's cooperation would also provide significant value.

The hearing on the proposed settlement is scheduled for November 20.

Ethereum L2 network Lisk has launched its mainnet and will start an airdrop on November 21

Ethereum Layer 2 network Lisk announced that it has launched its mainnet and announced an airdrop plan. Lisk's airdrop activity will start on November 21, with the first season lasting four months. Users can complete tasks on the Lisk platform to earn points, and the total points will determine how many LSK tokens they receive in the airdrop.

November 21 (Thursday)

Sotheby's auction house will accept cryptocurrency payments for Maurizio Cattelan's banana artwork

Sotheby's auction house will start auctioning artist Maurizio Cattelan's artwork, a banana taped to the wall titled "banana & tape," on November 21, accepting cryptocurrency payments, currently estimated at $1 million to $1.5 million.

Rage Trade will conduct RAGE airdrop distribution on November 21

The perpetual contract protocol Rage Trade announced that the RAGE airdrop distribution will begin on November 21, 2024, and users are advised to select their attribution options before this date.

Binance will support Filecoin (FIL) network upgrade

According to the official announcement, Binance is expected to suspend token deposits and withdrawals for the Filecoin (FIL) network on November 21, 2024, at 06:00 (UTC+8) to support its network upgrade.

The project will undergo a network upgrade at block height 4,461,240 (expected at 07:00 UTC+8 on November 21, 2024).

Consultation on the Dutch Crypto Tax Reporting Bill is expected to end on November 21

The Netherlands has begun consultations on the crypto tax reporting bill and aims to gather stakeholder opinions before submitting the crypto tax reporting bill to the House of Representatives in the first half of 2025. The purpose of the bill is to increase transparency and prevent tax evasion and avoidance. It is reported that this consultation will end on November 21.

November 22 (Friday)

OKX will launch MEMEFI (MemeFi) spot trading on November 22

OKX is about to launch MEMEFI (MemeFi) spot trading. MEMEFI is a community-driven token used for both the MemeFi Web3 application and the MemeFi Telegram advertising network. The specific schedule is as follows:

MEMEFI deposit opening time: November 11 at 18:00 (UTC+8)
MEMEFI collection auction time: November 22 from 20:00 to 21:00 (UTC+8)
MEMEFI/USDT spot trading opening time: November 22 at 21:00 (UTC+8)
MEMEFI withdrawal opening time: November 23 at 21:00 (UTC+8)

Fuel: Users need to migrate assets before November 22 to retain first-quarter points

Fuel announced on X that users participating in the pre-depositors points activity must migrate their assets from the Ethereum mainnet to Fuel Ignition before 11:59 PM UTC on November 22 to retain their first-phase Fuel points. Users who migrate after this deadline will have their first-phase points reset to zero.

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