This Week's Noteworthy Events(2024.1.15-2024.1.21)

DDU.S. Senators Call for Gary Gensler to Submit Report to Congress on “SEC Official X Account Hacking” by January 15th

U.S. Senators J.D. Vance and Thom Tillis have requested SEC Chairman Gary Gensler to submit a report to Congress on the hacking incident involving the SEC's official X account. The deadline for this report is January 15 (this Monday).

In their letter, the senators expressed “serious concerns” about the SEC's internal cybersecurity procedures raised by this incident. They stated that the event is at odds with the SEC's triple mission of protecting investors, maintaining fair, orderly, and efficient markets, and promoting capital formation.

Namada to Launch Incentivized Testnet on January 15th, Offering Rewards Equivalent to 3% of Total Supply

The privacy-focused Layer 1 blockchain Namada recently launched an incentive testnet, offering a reward pool equivalent to 3% of its total token supply.

Namada's testnet invites participants, including validators and users, to engage in a competitive event aimed at testing its consensus algorithm (CometBFT) and resistance to Sybil attacks. Participants will be ranked based on the accumulated ROID (points) they earn. Successful participants will share a total of 30 million NAM tokens, representing 3% of the total supply (1 billion).

The Namada testnet is scheduled to commence on January 15 and will run until the end of the month. This incentive initiative follows Namada's announcement of a 65 million NAM token airdrop (6.5% of the total supply) to researchers, developers, and holders on the Cosmos Hub and Osmosis blockchains one week prior.

Ethereum Goerli Testnet Dencun Upgrade Set to Activate on January 17th

According to official information, Ethereum plans to activate the Dencun upgrade on the Goerli testnet at 14:32 Beijing time on January 17. If the upgrade on the Goerli testnet goes smoothly, the Dencun upgrade will be activated on the Sepolia and Holesky testnets in the coming weeks. Once Dencun runs successfully on all three testnets, the mainnet activation will be scheduled.

Paxos Secures Regulatory Approval, Set to Launch USDP on Solana on January 17th

Stablecoin issuer Paxos has received regulatory approval to expand its product to the Solana network. Paxos plans to launch the USDP stablecoin on Solana on January 17, 2024.

XION Collaborates with DoraHacks to Host Online Hackathon, Set to Kick Off on January 17t

According to official information, L1 chain XION has announced a collaboration with DoraHacks to host the first online hackathon event, ABSTRACTATHON. The event is scheduled to take place from January 17th to February 14th and is now open for registration.

The objective of this event is to encourage participants to build innovative and user-friendly applications using XION's Generalized Abstraction. There is a prize pool of $20,000 available for participants. Additionally, judges from projects such as Multicoin, Spartan, Injective, OKX, and others will review the submitted works.

Derivatives Trading Platform Rollup.Finance Initiates First Round of Retrospective Airdrop, Claim Window Open Until January 19th

According to official information, the decentralized derivatives trading platform Rollup.Finance has announced that the first round of retroactive airdrops opened on December 20th, with the blind box claiming process page valid until January 19, 2024.

Community members who have contributed to the Rollup.Finance project, CherrySwap community members, Chainlink BUILD community members, active users on the zkSync chain, and OKX Web3 wallet users who have contributed to the project are eligible to participate in this airdrop program. You can check your eligibility on the official designated page.

Dymension Announces Commencement of Genesis Rolldrop, Claim Window to Remain Open Until January 21st

Modular blockchain Dymension announced on the X platform that, starting immediately, over one million addresses have the opportunity to participate in Dymension's Genesis Rolldrop. Eligible participants can claim up to 70 million DYM (7% of the total supply) until January 21, 2024, at 12:00 (UTC).

This airdrop is open to Celestia, Ethereum, Cosmos, and Solana users, including a wide range of crypto users such as NFT holders, network stakers, and application users.