GuShiio.com In the coming week, from February 17, 2025 to February 23, 2025, there will be these blockchain highlights worthy of your attention.
Highlights:
- FTX will start repaying creditors from February 18, 2025;
- Consensus Hong Kong will be held from February 18 to 20, 2025:
- Germany will elect a new parliament on February 23, and the party of choice wants to withdraw from the euro zone and relax regulation of Bitcoin;
- Murasaki (MURA) will unlock approximately 20 million tokens at 8 a.m. Beijing time on February 23, with a ratio of 2.00% to current circulation and a value of approximately US$85.4 million;
- Melania Meme (MELANIA) will unlock approximately 61.25 million tokens at 8 a.m. Beijing time on February 20, with a ratio of 40.83% to current circulation and a value of approximately US$81.5 million;
- Fasttoken (FTN) will unlock approximately 20 million tokens at 8 a.m. Beijing time on February 18, with a ratio of 4.66% to current circulation and a value of approximately US$78.6 million
February 17,2021
Exchange:
Russian brokerage Finam will issue notes linked to BlackRock’s Bitcoin ETF on February 17
Russian retail brokerage firm Finam will launch an investment product linked to BlackRock’s iShares Bitcoin Trust ETF (IBIT) on February 17, giving qualified Russian investors access to spot Bitcoin ETFs for the first time. Finam’s upcoming IBIT bond issue will be denominated in Russian rubles and the yield will be calculated at the U.S. dollar equivalent based on the Russian central bank’s exchange rate. If the price of the Bitcoin ETF when the note expires is at least one basis point higher than the price at the time of the product launch, investors will receive a U.S. dollar yield of up to 20%. The minimum investment amount is 200,000 rubles, or approximately US$2,200 at the time of writing. The brokerage commission is 1%(calculated in rubles). In addition, Finam also plans to launch more similar products linked to the Ethereum Spot ETF.
Binance Leverage will remove leveraged trading pairs such as HMSTR/FDUSD and SAGA/BTC on February 17
Binance Leverage will remove the following leveraged trading pairs at 14:00 on February 17, 2025 (East Eighth District Time):
- Full position leverage: HMSTR/FDUSD, SAGA/BTC
- Position by position leverage: HMSTR/FDUSD, ILV/BTC, LTO/BTC, MDT/BTC, SAGA/BTC
Binance will launch the sixth phase of BNSOL super pledge project Pepe (PEPE) on February 17
Binance announced the launch of the sixth phase of the BNSOL super pledge event with its token partner Pepe (PEPE). During the event, users who hold BNSOL or pledge SOL as BNSOL from 08:00 on February 17, 2025 to 07:59 on March 17, 2025 (Beijing time) can receive a PEPE APR Boost reward airdrop, which is an additional benefit on top of the basic APR of BNSOL pledge.
Policy supervision:
The Hong Kong Securities and Futures Commission will hold two cyber security webinars on February 17 and 19 respectively, with virtual asset service providers invited
The Hong Kong Securities and Futures Commission has issued a cybersecurity webinar circular to licensed corporations, virtual asset service providers and associated entities licensed by the SFC. It is reported that the Hong Kong Securities and Futures Commission will hold two cybersecurity webinars on February 17 and 19, 2025 respectively. Security webinar to raise security awareness of emerging cyber threats in Hong Kong.
Token unlocking:
ApeCoin (APE) will unlock approximately 15.6 million tokens at 8:30 pm Beijing time on February 17, with a ratio of 2.16% to current circulation and a value of approximately US$11.4 million
Echelon Prime (PRIME) will unlock approximately 750,000 tokens at 8 a.m. Beijing time on February 17, with a ratio of 1.37% to current circulation and a value of approximately US$5 million
February 18
Exchange:
FTX will start repaying creditors from February 18, 2025
FTX creditor representative Sunil disclosed on X that FTX plans to make debt repayments starting from 10 a.m. EST on February 18, 2025. This repayment will be prioritized against creditors whose claims are less than US$50,000. It is understood that the reimbursement amount will include 100% of the awarded amount (with a cap of US$50,000) and will provide 9.0% annual interest from November 11, 2022 to the initial distribution date as additional compensation.
Coinbase derivatives platform plans to launch Solana and Hedera futures on February 18, 2025
Coinbase Derivatives, LLC has submitted a self-certification application for Solana futures contracts with the U.S. Commodity Futures Trading Commission (CFTC) and plans to officially launch trading on or after February 18, 2025.
Contract details:
· Solana futures will be settled monthly using cash settlement and margin trading methods.
·It is expected that Hedera Futures will also be launched simultaneously, further enriching Coinbase’s derivatives trading category.
Project dynamics:
BNB Chain will launch a $4.4 million Memecoin liquidity support program on February 18
Starting February 18, BNB Chain has launched a $4.4 million Memecoin liquidity support program. BNB Chain will focus on head Memecoin daily and weekly and inject BNB liquidity directly from the BNB Chain Foundation’s wallet into the liquidity pool of winning projects. BNB Chain will provide 50% BNB + 50% Memecoin (purchased from the market) and add it to the most active liquidity pool of Memecoin. This liquidity will remain permanently in the pool and will not be extracted. Winning criteria:
- Market value: Need to reach $1M or more
- Active holding addresses: no less than 1,000
- Token supply contribution: The project needs to add 10% of the total supply to the liquidity pool
- Holding distribution: The top 10 externally owned accounts (EOA) hold no more than 10% of the total supply. Encourage these holders to manage assets through lockups or linear releases
- Security measures: Projects must verify their token source code at BscScan or pass a security audit
Community activities:
Consensus Hong Kong will be held from February 18 to 20, 2025
Token unlocking:
Fasttoken (FTN) will unlock approximately 20 million tokens at 8 a.m. Beijing time on February 18, with a ratio of 4.66% to current circulation and a value of approximately US$78.6 million
QuantixAI (QAI) will unlock approximately 565,700 tokens at 8 a.m. Beijing time on February 18, accounting for 10.88% of current circulation and worth approximately US$48.2 million
February 19
Token unlocking:
Pixels (PIXEL) will unlock approximately 91.18 million tokens at 6 pm Beijing time on February 19, accounting for 11.83% of current circulation and worth approximately US$6.3 million
on February 20
Macroeconomics:
The Federal Reserve will announce the minutes of the January monetary policy meeting on February 20
Exchange:
Coinbase International will launch Spx6900 and Kaspa perpetual contract on February 20
According to Coinbase International Exchange, the platform and Coinbase Advanced will support Spx6900 and Kaspa perpetual contracts, and the SPX-PERP and KAS-PERP markets will be open for trading at or after February 20, 2025 Beijing time.
Project dynamics:
The second phase of $DIN airdrop will start on February 20
The second phase of the first AI Agent blockchain DIN airdrop will start at 4 pm Beijing time on February 20. In addition, the $DIN pledge function has also been launched, allowing holders to earn more $DIN through pledge.
The TON Foundation launches the “TON Mini programs Migration Funding Program” and applications will close on February 20
TON officials said on the X platform that starting from February 21, Telegram will implement new rules for blockchain Mini programs, because the TON blockchain has become the exclusive blockchain infrastructure of the Telegram Mini programs ecosystem. To ensure that this transition is as smooth as possible, the TON Foundation launched the “TON Mini programs Migration Funding Program,” an initiative specifically designed to help Mini programs migrate from other chains to the TON blockchain. Developers and builders will receive the following support: 1.$50,000 in advertising credits for eligible projects;2. Seamless migration through TON Connect;3. Increased visibility with the Telegram user base; and 4. Technical and marketing support to ensure success. Applications will close on February 20.
Token unlocking:
Melania Meme (MELANIA) will unlock approximately 61.25 million tokens at 8 a.m. Beijing time on February 20, accounting for 40.83% of current circulation and worth approximately US$81.5 million
on February 21
Token unlocking:
Metars Genesis (MRS) will unlock approximately 10 million tokens at 8 a.m. Beijing time on February 21, accounting for 11.87% of current circulation and worth approximately US$29.2 million
Immutable (IMX) will unlock approximately 24.52 million tokens at 8 a.m. Beijing time on February 21, with a ratio of 1.41% to current circulation and a value of approximately US$20.1 million
on February 22
Project dynamics:
Eliza Labs will collaborate with EigenLayer to host an AI agent hackathon on February 22
Ethereum re-pledge agreement EigenLayer announced that it will partner with Eliza Labs to hold an AI-proxy hackathon in downtown Denver from February 22 to March 3, 2025.
Token unlocking:
SPACE ID (ID) will unlock approximately 18.49 million tokens at 8 a.m. Beijing time on February 22, with a ratio of 4.29% to current circulation and a value of approximately US$5.9 million
on February 23
Policy supervision:
Germany will elect a new parliament on February 23, and the party of choice wants to withdraw from the euro zone and relax regulation of Bitcoin.
Germany will elect a new parliament on February 23, which could have a profound impact on the financial industry in Europe’s largest economy. Among them, the far-right Alternative for Germany party ranks second in polls, but Germany’s mainstream parties refuse to cooperate with it in any government, meaning its proposal may never materialize. Still, their financial policy plan is the most specific and radical. Choice for Germany called on Germany to withdraw from the euro zone, supporting “broad deregulation” of bitcoin, wallets and transactions, opposing the digital euro, etc.
Project dynamics:
The Ethereum Foundation opens application for a proposal on Pectra Proactive Grant Round, which ends on February 23
The Ethereum Foundation announced that it will provide a $200,000 grant to support Pectra’s upgrade ecosystem and open applications for the Pectra Proactive Grant Round proposal, which will expire on February 23. It is reported that the submitted proposals should meet one or more of the following key areas:
1. Core agreement support: Develop tools and libraries that directly support protocol-level changes introduced in Pectra, and create infrastructure to ensure seamless integration of Pectra-related updates into the core protocol;2. Tools and infrastructure: Updates to must-have tools for builders, stakeholders, and end users, creating new tools to support EIPs directly related to Pectra;3. Testing and security: enhancements to the testing framework and infrastructure, tools to improve network security before and after Pectra upgrades;4. Adoption and impact analysis: A project to track and analyze the adoption of changes introduced by Pectra, a tool or framework used to measure the impact of Pectra-related EIPs on the Ethereum ecosystem and protocols.
Token unlocking:
Murasaki (MURA) will unlock approximately 20 million tokens at 8 a.m. Beijing time on February 23, with a ratio of 2.00% to current circulation and a value of approximately US$85.4 million
