Key Events at a Glance
This week brings several major developments in the crypto space:
- Jupiter Protocol launches its JUP token on January 31
- dYdX unlocks 33.33 million DYDX tokens (~$90M) on February 1
- Google updates global crypto advertising policies starting January 29
- UniSat Wallet publishes its whitepaper on January 31
- Frame Network goes live with mainnet and token launch on January 31
๐ Stay updated on major token unlocks
January 29 Updates
Regulatory Developments
- SEC Bitcoin ETF Decision: Market attention shifts to the Treasury Department's quarterly refunding announcement expected today
- Huobi Korea ceases local trading services while maintaining withdrawal support
- Google's Policy Change: New requirements take effect for crypto trust advertisers globally
Technical Upgrades
- dYdX Chain v3.0 upgrade executes at block height 7,147,832 (~17:46 UTC)
- Magic Eden potentially launching a multi-chain wallet today
January 30 Highlights
Network Updates
- StarkNet's ZKX derivatives platform launches mainnet
- Ethereum Testnet Forks: Sepolia undergoes scheduled fork today
- EigenLayer introduces three new LSTs with 200K ETH caps each
Token Unlocks
- Optimism (OP): 24.16M tokens (~$74M) unlocked at 12:00 UTC
January 31 Launches
Major Releases
- UniSat Wallet whitepaper published
- Frame Network mainnet and FRAME token go live
- Jupiter Protocol JUP token launches at 10:00 PM UTC
Exchange Updates
- Binance ceases all RUB services in Russia
- Zipmex Thailand ends deposit/trading services
Token Unlocks
- Sui (SUI): 4M tokens (~$5.7M)
- Nym (NYM): 3.13M tokens (~$600K)
February 1 Events
Major Unlock
- dYdX (DYDX): 33.33M tokens (~$90M) unlocked at 08:00 UTC
Platform Updates
- OKX completes compensation airdrops for affected OKB users
- Jupiter LFG Launchpad begins beta operations
- Kyber Network initiates compensation distributions
Network Upgrades
- Gnosis Chain Chiado testnet undergoes Dencun hard fork
February 2 Announcements
Market Changes
- GameStop NFT Marketplace ceases operations
- Nibiru Chain begins CoinList token sale at 02:00 UTC
Potential Merger
- Klaytn and Finschia vote concludes on blockchain merger proposal
February 4 Finalizations
Service Sunsets
- Lido concludes Solana staking support
- ZKFair FairStake campaign concludes at 08:00 UTC
Crypto Market FAQ
Q: What's significant about Jupiter's JUP launch?
A: As Solana's leading DEX aggregator, Jupiter's token launch represents a major milestone for Solana DeFi, potentially attracting significant liquidity.
Q: How do token unlocks affect prices?
A: Large unlocks increase circulating supply, often creating selling pressure. The $90M dYdX unlock is particularly noteworthy given its size.
Q: Why is Google's ad policy important?
A: The updated global policy establishes clearer compliance standards for crypto advertisers, potentially improving ad quality while restricting non-compliant projects.
Q: What makes Frame Network's launch unique?
A: As an NFT-focused L2 using Arbitrum's tech stack, Frame could attract creators seeking specialized NFT infrastructure.