This Week Noteworthy Events(2024.2.5-2024.2.11)

OKX Web3 Wallet to Integrate ARC-20, SRC-20, Runes, and DRC-20 Inscription Token Standards from February 5th

According to official sources, the OKX Web3 wallet will integrate four new token standards—Atomicals (ARC-20), Stamps (SRC-20), Runes, and Doginals for Dogecoin (DRC-20), becoming a one-stop token ecosystem platform in the Web3 industry.

Reportedly, the integration of the

Bitcoin token

standard SRC-20 will commence on February 5th in the OKX Web3 wallet, allowing users to view and transfer these tokens. The integration of ARC-20, DRC-20, and Rune Alpha is scheduled for the end of February. Additionally, the OKX NFT marketplace will integrate DRC-20 and ARC-20 standards by the end of February, providing millions of users with zero-cost buying and selling of DRC-20 and ARC-20 tokens. The integration of Runes is expected to take place after the Bitcoin halving.

Invesco Galaxy Ethereum Spot ETF Faces Decision Moment

The U.S. SEC has postponed the resolution of Invesco Galaxy Ethereum Spot ETF, with the new deadline set for February 6, 2024.

EigenLayer to Reopen Staking Window on February 6th

EigenLayer, the Ethereum restaking protocol, has officially announced the postponement of the reopening of its restaking window by one week. The new opening date is February 5 at 12:00 Pacific Time, and it will continue until February 9 at 12:00 Pacific Time. During this opening, three new LST types (sfrxETH, mETH, and LsETH) will be added, and there will be no limits set on any LST (including the newly added three types). The window will then be closed again after this period.

Crypto Derivatives Exchange OPNX to Shut Down in February, Users Required to Settle Positions by February 7th

Cryptocurrency

derivatives and claims trading platform Open Exchange (OPNX) will be closing this month.

In a message shared with users on the social media platform X, the OPNX team stated, “We will officially cease operations and close in February 2024. We are committed to ensuring that all users close out in an orderly manner.”

The company added that users should settle all positions by 8:00 AM UTC on February 7, after which the platform will automatically settle any remaining open positions. Users are required to withdraw funds and export their historical data by February 14.

Next Hearing on SBF Scheduled for February 8th

SBF's lawyers, in a letter to Judge Lewis Kaplan dated December 1, stated, “We, on behalf of our client SBF, submit this letter to inform the court of the latest developments post-trial. After further consideration, we have decided not to file any post-trial motions. We reserve the right to appeal.”

Legal experts believe that SBF's decision to forgo post-trial motions indicates that the team is currently preparing for an appeal. It is reported that SBF's lawyers, especially Mark Cohen, insist that he is innocent and state that they will “continue to actively respond to the charges against him.”

SBF's lawyers also submitted a bail request, which was rejected by Magistrate Joyann Ferguson Pratt, citing potential flight risk. The next hearing for SBF is scheduled for February 8, 2024.

Ethereum Developers Plan to Confirm Mainnet Launch Date for Dencun Upgrade on February 8th

Ethereum developers are planning to determine the mainnet launch date for the Dencun upgrade next Thursday (February 8). This upgrade will introduce several Ethereum Improvement Proposals (EIPs), including proto-dank sharding, which is expected to reduce Layer 2 transaction costs.

Additionally, Christine Kim, Vice President of Research at Galaxy Digital, stated that there is an 80% likelihood of the Dencun mainnet being activated by the end of March. While there is a small possibility of Dencun going live by the end of February, it is estimated to be around 40%.