Weekly trailer | Trump's second son Eric Trump participates in TOKEN 2049 Dubai; two Bitcoin reserve bills in Arizona may final vote
Reprinted from panewslab
04/27/2025·18DNews trailer:
- Cboe to launch new Bitcoin futures product with FTSE Russell on April 28
- Binance Alpha will be launched on Sign (SIGN) and Haedal Protocol (HAEDAL)
- TOKEN 2049 Dubai Conference will be held from April 30 to May 1, and Trump's second son Eric Trump will be invited to attend
- Frax Finance will be upgraded North Star in the early hours of April 30 (UTC+8), Frax Share will be renamed Frax and as a gas token
- Hyperliquid plans to adjust the handling fee system after April 30 and introduce a pledge hierarchy system.
- Sui (SUI) will unlock approximately 74 million tokens at 8 a.m. Beijing time on May 1, Beijing time, with a ratio of 2.28% to the current circulation, worth approximately US$267 million.
April 28
Policy Supervision:
Two Bitcoin reserve bills in Arizona are now to be read three times next Monday, with a possible final vote. This may become the first state-level Bitcoin reserve bill to pass a vote.
Exchange:
Cboe to launch new Bitcoin futures product with FTSE Russell on April 28
According to Cboe Digital, the crypto unit of the Chicago Options Exchange (Cboe), it plans to launch a new Bitcoin futures product on April 28, provided it is approved by regulators. The futures products launched in collaboration with FTSE Russell will be settled on the last working day of each month. The futures contract is cash settlement based on the XBTF index, which reflects 1/10 of the value of the FTSE Bitcoin index.
Binance Alpha will be launched on April 28 Sign (SIGN)
Binance announced that Binance Alpha will be launched on Sign (SIGN), and the transaction will be open on April 28, and the specific time will be announced. Previous news, Sign announced that SIGN token Economics: 40% are allocated to community incentives, of which 10% are dropped in TGE .
crypto exchange Bybit announced in a notice released on April 16 that it will suspend its range of Web3 products and services by the end of May. The exchange said the decision was part of a shift in its operational focus as Bybit entered a new phase of growth and innovation.
Services that will be discontinued include Bybit's Cloud Wallet and Keyless Wallet, both services that will be unavailable after May 31, 2025. Users are urged to transfer all assets in these wallets, including tokens, NFTs and inscription assets, to their Bybit Fund accounts or seed phrase wallets by the deadline. Failure to complete the transfer by the deadline may result in delays in access and require additional authentication. In addition, Bybit will close several Web3 trading features at the end of May, including its DEX Pro platform, Swap & Bridge services, and the broader NFT market. In addition to these changes, Bybit has also stopped supporting several other services on April 8, including Inscriptions, NFT Pro, ApeX, Buy Crypto, and its initial DEX Issuance (ID0) platform. The company 's Web3 points program will also be stopped on April 28.
Project News:
BNB Chain announced on the X platform that it has initiated a proposal to update the key parameters of Lorentz hard fork, involving ValidatorContract, SlashContract and GovernorContract. The vote will end on April 28, with a current approval rate of 100%.
It is reported that the BSC Lorentz mainnet hard fork upgrade will be carried out at 13:05 (UTC+8) on April 29 .
The University of the Hespérides in Spain announced the launch of its first Spanish-language master's program, which will start on April 28, 2025, aims to cultivate professionals in the field of Bitcoin with comprehensive skills in technology, economics, law and philosophy. The program is taught online, covering the philosophy, history, economics, technology, regulatory and commercial applications of Bitcoin, emphasizing its value as a transformative currency network. Partner organizations include BTC Inc, Jan3, BTC Consulting 360, etc., to ensure that the courses are closely integrated with industry needs. The program is open to students around the world and has completed the admissions launch.
April 29
Policy Supervision:
Kim Sang-hoon, chairman of the Policy Committee of the ruling National Power Party of South Korea, said that he would promote the legislation of the Basic Law of Digital Assets to systematically manage and promote the healthy development of the digital asset market, and achieve coordinated and unified investor protection and industrial innovation. He pointed out that due to vague regulatory regulations and excessive restrictions, foreign capital is difficult to enter the Korean market, and domestic capital has also accelerated its flow to overseas. Kim Sang-hoon said that virtual assets are an important part of the new economy and should be institutionalized. The relevant policies will be officially released by Councillor Park Soo-min on April 29.
Exchange:
Binance Alpha will be launched on April 29th Haedal Protocol (HAEDAL)
Binance announced that its platform Binance Alpha will first launch Haedal Protocol (HAEDAL), and the transaction will be opened on April 29, and the specific time will be announced. Previous news, Sui's ecological liquidity staking agreement HaedalProtocol completed a seed round of financing, with Hashed, Animoca Ventures and others participating in the investment .
Ouyi will launch spot trading pairs of five currencies including KISHU and MAX on April 29
KISHU, MAX, MILO, MXC, SSWP and its USDT trading pairs will be officially offline from 16:00 to 18:00 Beijing time on April 29. The coin recharge function has been closed on April 22, and withdrawal will be terminated on July 29. The dividends on the KISHU chain will be distributed for the last time on April 25, and users need to process the relevant assets in a timely manner.
Developer Activities:
Meta will hold a developer conference on April 29th
April 30
Macroeconomics:
20:30: The U.S. Labor Cost Index quarterly rate in the first quarter, the initial value of the annualized quarterly rate of real GDP in the first quarter, the initial value of the actual personal consumption expenditure in the first quarter, and the initial value of the annualized quarterly rate of the core PCE price index in the first quarter
22:00: US PCE price data in March, personal expenditure monthly rate in March, and sales index monthly rate in March
Exchange:
Nigerian court extends Binance tax evasion case to April 30
The Nigerian court extended the trial of the tax evasion case against Binance until April 30 so that the tax authorities can respond to Binance's legal motion. The Nigerian Federal Taxation Bureau accused Binance of owing corporate income taxes and fines for 2022 and 2023, with a total claim of more than US$79 billion . Binance questioned the legality of the court's email delivery of legal documents, saying it is headquartered in the Cayman Islands and has no entity in Nigeria.
Project News:
OpenAI: GPT-4 will be retired on April 30 and completely replaced by 4o
OpenAI said on its website that from April 30, GPT-4 will be "completely replaced" by GPT-4o, but GPT-4 will continue to be available through the API. OpenAI said, "In the face-to-face evaluation, it (4o) continues to surpass GPT-4 in writing, coding, STEM, etc.." According to the US media The Verge report on the 10th, OpenAI will unveil a series of new AI models next week, including GPT-4.1, which will be an improved version of the 4o multimodal model. OpenAI will also launch smaller GPT-4.1 mini and nano versions, as well as the o3 "inference" model and a new inference model called o4-mini.
The decentralized stablecoin protocol Frax Finance announced that it will upgrade North Star at noon on April 29 (anticipated in the early morning of April 30 Beijing time). Through this upgrade, Frax Share (FXS) will be renamed Frax to become Fraxtal's gas token, replacing frxETH. And as the only commodity token used in the ecosystem to ensure security. FXS held on Fraxtal will automatically convert to FRAX at a 1:1 ratio, and FXS held on Ethereum will need to be bridged to Fraxtal for conversion on or after April 29.
X2Y2 will close the NFT market on April 30, but smart contracts will continue to run
According to the official announcement of X2Y2, after a three-year journey of trading volume of US$5.6 billion, X2Y2 will officially close its NFT market on April 30, 2025. X2Y2 co-founder @tp_x2y2 said that although the platform will be closed, the relevant smart contracts will continue to operate.
Terraform Labs: Opened crypto asset loss claims portal with a deadline of April 30
Terraform Labs' crypto asset loss claims portal will be open on March 31, 2025. Creditors can submit crypto asset loss claims that meet the criteria through http://claims.terra.money . When submitting, they must provide supporting documents such as wallet address/read-only API key and fill out the complete claim form. The deadline for filing the claim is 23:59 on April 30, 2025 (East Time), and overdue payment will not be accepted.
Hyperliquid announced that it will adjust the handling fee system on or after April 30, 2025 and introduce staking Tiers. Under the new rules, users can enjoy lower transaction fees when pledging HYPE tokens, and get up to 40% discount. In addition, the spot and contract markets will adopt an independent fee rate system, and the weight will be doubled when calculating the spot transaction volume to improve the fairness of the fee rate calculation. After adjustment, the default rate increased, with the contract Taker rate increased from 0.035% to 0.045%, and the spot Taker rate doubled from 0.035% to 0.07%. Hyperliquid said the move is designed to increase protocol revenue and enhance the practicality of HYPE.
Developer Activities:
Alliance and Base hold MVP Hackathon in San Francisco, with application deadline April 30
Alliance announced that it will join hands with Base to host MVP Hackathon in San Francisco. The championship program can directly advance to the Alliance accelerator ALL15 batch and have the opportunity to obtain up to $500,000 from Alliance and Coinbase Ventures (depending on the specific terms). The application deadline is April 30, and the topics cover fields such as encryption, AI, robotics and cutting-edge technology.
The sixth issue of the Ethereum Protocol Fellowship (EPF) is now open for application, with an application deadline of April 30. This EPF issue will be held from June to November 2025, during which two offline events will be held at EthCC, France and Devconnect Argentina. The program is aimed at software engineers with certain experience and provides mentor guidance and subsidy support. It aims to promote the research and development of Ethereum protocols. The project directions include consensus, client development, testing, etc.
Conference Activities:
Token unlock:
Optimism (OP) will unlock approximately 31.34 million tokens at 8 am on April 30, Beijing time, with a ratio of 1.89% to the current circulation, worth approximately US$25.7 million.
Kamino (KMNO) will unlock approximately 229 million tokens at 8 pm Beijing time on April 30, with a ratio of 16.98% to the current circulation and a value of approximately US$14.5 million.
Gunz (GUN) will unlock approximately 83.33 million tokens at 10 pm on April 30, Beijing time, with a ratio of 13.79% to the current circulation, worth about US$5 million.
Renzo (REZ) will unlock approximately 527 million tokens at 7 pm Beijing time on April 30, with a ratio of 19.57% to the current circulation, worth approximately US$7.4 million.
May 1
Exchange:
Coinbase International Station plans to launch ZORA perpetual contract transactions on May 1
Coinbase International Station issued an article on the X platform that Coinbase International Station and Coinbase Advanced will add support for ZORA perpetual contracts, and the ZORA-PERP market is expected to open at 17:30 Beijing time on May 1st.
Bitget will launch upgraded liquidity incentive plan on May 1
Bitget will officially launch the newly upgraded "Liquidity Incentive Plan" on May 1. The plan aims to further improve the liquidity and trading efficiency of spot and contracts by optimizing the rate structure and incentive mechanism.
The new version plans to introduce a new hierarchical system, bringing a more competitive rate incentive structure: the highest Maker rebate in the spot market can reach -0.012%, the highest rebate in the contract market is -0.005%; the lowest Taker handling fees are 0.020% (spot) and 0.025% (contract) respectively. In addition, mainstream perpetual contract trading pairs such as BTCUSDT and ETHUSDT were included in the Maker negative fees for the first time. Currently, about 130 contract currencies are applicable to this policy, and will continue to expand based on liquidity performance in the future. New teams can submit historical transaction data to apply for initial level improvement, and take the lead in enjoying high-quality rates and higher API frequency limit support.
Crypto exchange eXch announced it will be closed on May 1 on money laundering charges
Crypto exchange eXch announced that it will cease operations on May 1. Previous reports said that the platform was used to clean up some of the stolen funds from the Bybit exchange. In an April 17 announcement, eXch said most members of its management team voted to "stop operations and exit" in response to allegations that North Korean hacker group Lazarus Group cleaned about $35 million of funds through the platform - a funding that stemmed from a $1.4 billion hacker attack suffered by Bybit. The exchange said it has become the target of a "Transatlantic Joint Law Enforcement Operation" that aims to shut down its business and potentially file criminal charges.
Project News:
PsyFi will close all services on May 1, including PsyLend and Vaults
According to the official news of PsyFi, a provider of Solana's ecological financial instrument product, PsyFi (including PsyLend and Vaults) will close all front-end and back-end services on May 1, 2025 and stop platform support. Currently, the platform has entered the cash withdrawal mode only. The official reminder for users to complete the withdrawal of funds before this date to ensure asset security. In addition, PsyFi said that it may share contract addresses and IDLs in the future for users in need to interact directly with smart contracts.
Marek Moraczyński, head of Ethereum client Nethermind, posted on the X platform that more than 80% of Ethereum's full-node disk space is currently occupied by history. In the new version of 1.3.1, Nethermind is ready to remove pre-merge history through ERA files, and all teams agree to perform related operations on May 1. If all blocks and all receipts are removed and only the data required to verify the latest block is retained, the full node capacity will be less than 200 GB.
Prague crypto venture capital firm RockawayX announced the completion of a second early-stage fund raising of US$125 million. The fund was closed in the first quarter of this year and will mainly invest in Solana ecological startup projects. The Solana, which invested in the unlanding market in 2018, currently manages approximately $2 billion in assets, has offices in Prague, Dubai and London, and two-thirds of its 45 employees are engineers. RockawayX CEO Victor Fischer said two-thirds of the new fund will be used for seed investment, and the rest will be allocated to liquid assets.
Although crypto venture capital fell by 22% in the first quarter, RockawayX's fund return in 2021 has exceeded 5 times, mainly benefiting from early-stage investments in Solana, market maker Wintermute and lending agreement Morpho Labs. The agency has invested in more than 15 Solana ecological projects and will jointly launch the accelerator center "Solana City" in Dubai on May 1 with the Solana Foundation and development company Helius Labs.
Crypto investment platform Bake will close Singapore market and services from May 1
Crypto investment platform Bake will close its Singapore market and services from May 1. Bake has set April 30, 2025 as the last date for all users to withdraw digital assets. Officially advise all users to process their funds by the deadline to avoid any additional administrative processes and potential handling fees.
Token unlock:
Sui (SUI) will unlock approximately 74 million tokens at 8 a.m. Beijing time on May 1, Beijing time, with a ratio of 2.28% to the current circulation, worth approximately US$267 million.
ZetaChain (ZETA) will unlock approximately 44.26 million tokens at 8 am on May 1st, Beijing time, with a ratio of 5.67% to the current circulation, worth approximately US$11.3 million.
dydx (DYDX) will unlock approximately 8.33 million tokens at 8 am on May 1st, Beijing time, with a ratio of 1.09% to the current circulation and a value of approximately US$5.4 million.
May 2
Macroeconomics:
The non-farm employment population and April unemployment rate will be announced at 20:30 after the seasonal adjustment in the United States
Exchange:
Binance will remove ALPACA, PDA, VIB and WING on May 2
According to Binance's announcement, since it no longer meets the platform review standards, Binance will stop all spot trading pairs of ALPACA, PDA, VIB and WING tokens at 11:00 on May 2, 2025 (Beijing time) and remove them from the shelves. The official emphasized that the decision is based on a number of evaluation indicators such as project team activity, transaction liquidity, network security, and community transparency.
Project News:
CoinList will be launched on Fleek (FLK) token sale on May 2
AI agent and virtual influence platform Fleek will launch $FLK token sales at 1 a.m. Beijing time on May 2, with a total of 100 million tokens, 6.6667 million units opened this time, the FDV is US$75 million, and the price is $0.75, and it will be unlocked after TGE. Fleek is known as "Shopify in the AI world", which supports developers, creators and brands to build and monetize AI agents and virtual people on their platforms. Currently, the project has received support from Eliza (formerly ai16z), Venice AI and other products. This sales will not be open to the United States, Canada, China, the United Kingdom and other regions.
Token unlock:
Omni Network (OMNI) will unlock approximately 15.98 million tokens at 7 pm on May 2, Beijing time, with a ratio of 83.51% to the current circulation, worth approximately US$42.2 million.
Ethena (ENA) will unlock approximately 40.63 million tokens at 3 pm Beijing time on May 2, with a ratio of 0.73% to the current circulation, worth approximately US$14.2 million.
May 3
Token unlock:
Memecoin (MEME) will unlock approximately 3.45 billion tokens at 3:30 pm Beijing time on May 3, with a ratio of 7.90% to the current circulation and a value of approximately US$7.4 million.
May 4
None yet
The specific time is to be determined
OKX CEO: OKX will launch payment wallet next week
OKX CEO Star posted on the X platform that OKX will launch the new OKX payment wallet next week, aiming to promote the adoption of cryptocurrencies at the billion-level user level.
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