Important Events in the Web3 Field for the Coming Week

July 14

The U.S. House Financial Services Committee will launch "Crypto Week" to review several cryptocurrency bills, including the "CLARITY Act," the "Anti-CBDC Surveillance State Act," and the "GENIUS Act." This initiative aims to solidify the United States' position as a global cryptocurrency hub.

The criminal trial of Tornado Cash developer Roman Storm is expected to begin in the Southern District Court of New York. Storm's legal team plans to respond to the allegations of illegal profits made during his time at Tornado Cash. If the judge allows a hacker who allegedly used the platform to testify, the trial may be briefly delayed.

OpenZK Network will launch the OZK staking feature, allowing users to earn network rewards. The project is also exploring a dual-token gas fee model, and in the future, users may be able to use ETH or OZK to pay for network gas fees.

July 15 - 22

The decentralized trading platform Sonic will randomly open the first season $S token airdrop claim within this week.

The airdrop claim event for the dedicated DA layer protocol Sunrise's $RISE will end on July 15th. Eligible users include specific token stakers, testnet participants, and NFT holders, among others. The tokens received will be transferable and tradable after the mainnet and token generation event in the third quarter of 2025.

July 16

The U.S. House of Representatives fundraising committee will hold a hearing to explore the tax policy framework for digital assets. This is part of the "Cryptocurrency Week" event, aimed at a deeper study of digital asset policies. Currently, there is uncertainty regarding cryptocurrency taxation in the U.S., and new legislation may simplify the calculation process for investors.

Investment firm Tuttle has submitted an amendment to change the effective date of a batch of 2x leveraged cryptocurrency ETFs to July 16. While this does not mean they will definitely be launched, the effective date typically coincides with the launch date of the ETFs.

July 17

The public sale of the XPL token for the stablecoin project Plasma will officially start. The platform will lock the deposit and withdrawal functions on July 14th, and users need to prepare available funds in advance. All deposits will be locked for at least 40 days after the sale ends.

The airdrop pre-registration for the Ethereum Rollup deployment platform Caldera will close on July 17th. Eligible wallets must complete the pre-registration process before the deadline to receive the airdrop.

July 18-20

Multiple projects will have token unlocks in the coming days, including Official Trump (TRUMP), Cloud (CLOUD), and Melania Meme (MELANIA). Investors should pay attention to the potential impact of these unlock events on the market.

The EPT airdrop application of the Balance Foundation will continue until July 20. Users can check their eligibility and claim rewards on the official website.

To be determined

Andrei Grachev, CEO of DWF Labs, has promised to announce the details of the $630 million crypto asset portfolio backing the stablecoin USDf next week. USDf uses crypto assets and trading profits to maintain its peg, but the composition and management of its reserves have sparked some controversy. Grachev revealed that 89% of the reserves are stablecoins and Bitcoin, while 11% are other cryptocurrencies, and all assets are hedged against risk through perpetual contracts.