The financial market commonly uses "Buy the rumor, sell the news" to describe the potential impact of market events on prices, while the Chinese world summarizes such market behavior as "利好兑现".

Just like Apple's product launch events, the summits of major cryptocurrency projects often release new products or major product upgrades. Given the recent market activity, BlockBeats has compiled some conference events and hot topics that may affect the market trend in the near future for readers based on publicly available market information in chronological order.

Pyth Network: Retrospective Airdrop to Open for Claiming on November 20th

The decentralized oracle Pyth Network announced that the retrospective airdrop will be open for claiming at 22:00 on November 20th. The claiming process will be valid for 90 days, and the airdrop claiming page will be valid until February 18th, 2024.

Pyth Network community members who have contributed to the oracle network, more than 200 DApps on 27 blockchains that have used Pyth data, and individual users of these DApps are all eligible to participate in this airdrop program. The total number of eligible wallets is over 75,000.

Backpack Exchange PYTH质押空投活动

Backpack Exchange PYTH Staking Airdrop Event

Register an account and complete the KYC verification process on Backpack Exchange, and purchase or deposit at least 5 SOL tokens and stake them for at least 24 hours. The staking began on November 18, 2023 at 23:00 and ends before 19:59 on November 19. Eligible users, including Mad Lad holders and users who engage in trading activities on Backpack Exchange, will receive PYTH tokens based on their trading volume until the maximum allocation is reached. All other eligible verified users also have the opportunity to receive PYTH token allocations, which will be distributed before 22:00 UTC on November 20.

Blur will release an important announcement at 7:00 am on November 21st.

Blur will release an important announcement "Taking Blur to the next level" at 7:00 am on November 21st Beijing time. Previously, Blur officials hinted in October that Season 2 would reach a significant milestone on November 20th.

Weekly Initial Jobless Claims in the United States as of November 18th (in 10,000s)

The data will be released at 21:30 on November 22nd, with an expected number of 225,000 people and a previous value of 231,000 people.

U.S. November University of Michigan Consumer Sentiment Index (MCSI) Final Value

The data will be released at 23:00 on November 22nd, with an expected value of 61 and a previous value of 60.4.

CRYPTO FEST 2023 will be held in Cape Town, South Africa on November 24th.

Crypto Fest is a top event in South Africa that brings together blockchain and cryptocurrency enthusiasts and industry leaders to promote innovation, collaboration, and knowledge sharing in the digital finance field. This is the fifth annual gathering of cryptocurrency and blockchain enthusiasts, and industry experts from around the world will share their insights on hot trends such as cryptocurrency, NFTs, Metaverse, Web3, and DeFi. Meanwhile, Binance has become the title sponsor of Crypto Fest 2023.

The event will discuss key topics such as the adoption and development of cryptocurrencies, blockchain, and artificial intelligence in Africa, protecting digital assets, regulation and compliance, as well as exploring the opportunities and challenges of currency digitization and Web3. It will also delve into effective investment strategies, institutional adoption, and the potential economic impact of these emerging technologies on Africa.

EOS network's new consensus mechanism is scheduled to launch on November 28, 2023.

EOS Foundation plans to upgrade its consensus mechanism Antelope Leap 5.0 on November 28th. Antelope Leap 5.0 is expected to introduce a series of features, including Instant Finality, integration of HotStuff consensus algorithm, and enhanced optimization of peer-to-peer protocol.

These upgrades provide new features for EOS and other Antelope-based chains. For example, new cryptographic intrinsic features allow developers to write smart contracts that efficiently verify zero-knowledge proofs, while new opportunities for alternative consensus mechanisms have emerged.

RPG blockchain game Illuvium will be launched on Epic Games Store on November 28th.

3A blockchain game Illuvium is scheduled to launch on Epic Games Store on November 28th. The game was developed using Unreal Engine 5 on the Immutable X network. Illuvium includes three interoperable AAA games: Illuvium: Zero (city-building game), Illuvium: Overworld (monster world), and Illuvium: Arena (arena).

Illuvium is a decentralized RPG and collection game where players can capture and control divine beasts (Illuvial) using crystal "fragments" and engage in PvP combat mode. Illuvium has completed multiple rounds of financing, with a seed round of $5 million completed in March 2021 and a Balancer LBP financing of $38 million completed in April of the same year. On May 31st of this year, Illuvium completed a $10 million financing.

Chainlink will launch Staking v0.2 priority migration on November 29th.

Chainlink announced on October 20th that it will launch Chainlink Staking v0.2. This upgrade focuses on providing greater flexibility for stakers through a new unbonding mechanism, improving the security of oracle services by reducing stake, and achieving seamless future upgrades through modular architecture. The dynamic reward mechanism (supporting new sources of rewards in the future) is also a key feature. The Stake v0.2 involves a three-stage launch process:

· Priority Migration: Within a week, v0.1 stakers can migrate their v0.1 staked and accumulated LINK rewards to v0.2;

· Early access: Within a two-day period, eligible community holders who meet the predefined qualifications can stake up to 15,000 LINK.

· Regular Access: In the final stage, anyone can stake up to 15,000 LINK.

Chainlink Staking v0.2 launch time: will start at 01:00 on November 29th. Priority migration (v0.1 stakers have the opportunity to migrate their v0.1 staking and accumulated LINK rewards to v0.2) will start at 01:00 on December 8th. Early access will start at 01:00 on December 12th for community holders who meet the predefined eligibility requirements and can stake up to 15,000 LINK. Regular access will be open at 01:00 on December 12th.

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