News Preview:
- Binance will list Huma Finance (HUMA) at 21:00 Beijing time on May 26, 2025
- Bybit and Gate will list Puffverse Token (PFVS) at 20:00 Beijing time on May 27
- FTX will start paying bankruptcy claims for major creditors on May 30
- Treasure Chain will officially shut down on May 30, and users need to migrate assets as soon as possible
- SEC postpones review of Grayscale Spot Ethereum ETF staking function, with new review deadline on June 1
- Sui (SUI) will unlock approximately 44 million tokens at 8:00 AM Beijing time on June 1, representing 1.32% of current circulation, valued at approximately $154 million
May 26
Exchanges:
Binance will list Huma Finance (HUMA) at 21:00 Beijing time on May 26, 2025
Binance announced that Huma Finance (HUMA) is the 70th project to be listed on Launchpool, a PayFi network that can accelerate cross-border and bank card payments by improving efficiency through instant liquidity acquisition. The project webpage is expected to go live 12 hours before Launchpool starts. Listing arrangement: Binance will list HUMA at 21:00 Beijing time on May 26, 2025, and open HUMA/USDT, HUMA/USDC, HUMA/BNB, HUMA/FDUSD, and HUMA/TRY trading pairs, with HUMA marked as a "seed tag".
US Stock Market Will Be Closed on May 26
Due to the Memorial Day holiday, the US stock market will be closed on May 26 (next Monday), and on the same day, the UK stock market will be closed for the Spring Bank Holiday.
Project Updates:
212th Ethereum ACDC Meeting: Fusaka Devnet-0 Will Go Live on May 26
According to Tim Beiko's summary of the 212th Ethereum Execution Layer Core Developers Meeting (ACDE), the main discussions included: Fusaka Devnet-0 will go live on May 26, Fusaka EIP scope discussion (EIP-7825 will set transaction gas limit to 30M; EIP-7918 will anchor Blob fee rate to Base Fee to mitigate fee fluctuations; these two will be included in Devnet-1), and testnet strategy (first fork Sepolia, keep Hoodi for application testing; encourage community to maintain long-term testnets).
Next week's CL call will decide on EIP-7917, and the next ACDE call (in two weeks) will finalize the scope of Devnet-2 and review update proposals for EIPs 7212, 7934, 7907, and 5920. Glamsterdam discussion will begin after Fusaka's scope is finalized.
According to the official BNB Chain announcement, BNB Smart Chain (BSC) will reduce block time from 1.5 seconds to 0.75 seconds through the Maxwell hard fork, to be deployed on the mainnet on June 30. This upgrade includes three core improvements: BEP-524 establishes new block interval standards; BEP-563 optimizes validator node communication protocol; BEP-564 adds block batch synchronization mechanism. Technical adjustments include increasing the validation cycle Epoch length from 500 to 1000, with individual validator node rotation time remaining at 12 seconds (16 new blocks). The testnet will be upgraded first on May 26, subject to five standards including node synchronization stability and no increase in reorganization rate before mainnet deployment.
Governance Voting:
Initia Proposes Inflation Correction and Staking Exit Subsidy, On-Chain Voting to Start on May 26
The Initia Foundation has published a governance proposal on the official forum to correct the current INIT annual total supply release rate from 5% to the initially set "5% of staking supply", which is 1.25% of the annual total supply. This correction stems from a parameter configuration error during the genesis on April 24, resulting in excessive inflation, nearly 4 times the original plan.
The foundation also proposed two subsidy plans aimed at compensating users for staking income losses affected by Proposal 39. Subsidies will be borne by the foundation's treasury, and users can apply for collection in the Initia App before July 7, with no lock-up requirements. On-chain voting will start at 14:00 on May 26, to be executed or rejected on June 2. The foundation recommends voting against the original Proposal 39 to safeguard the community governance's credibility.
(Translation continues in the same manner for the rest of the text)Sophon to Conduct TGE on May 28, SOPH Token Economics Announced
Binance Will Support EOS Token Swap and List New Trading Pairs for A Token on May 28 at 16:00
The platform will support a 1:1 swap of EOS tokens to the new token Vaulta (A) and complete brand rebranding. EOS-related trading pairs will be delisted on May 26, 2025, at 11:00 (Beijing time), and new trading pairs for A token, including A/BTC, A/ETH, etc., will be listed on May 28 at 16:00. EOS deposits and withdrawals will be suspended on May 26 at 11:30, with A token deposits opening on May 28 at 15:00. After the swap, EOS withdrawals will no longer be supported, and the platform will automatically complete technical processing. This change will affect multiple product lines including spot, leverage, contracts, and financial products, involving trading pair delisting, contract settlement, and lending liquidation. Users need to handle related assets in advance to avoid losses.
Additionally, OKX will also support EOS swap.
Token Unlocks:
Bio Protocol (BIO) will unlock approximately 339 million tokens on May 28 at 8:00 AM Beijing time, representing 20.22% of the current circulating supply, valued at around $28 million
May 29
Macroeconomic:
At 2:00 AM, the Federal Reserve will publish the May monetary policy meeting minutes.
At 8:30 PM, initial jobless claims for the week ending May 24 and the first quarter real GDP annualized quarter-on-quarter revised value for the United States will be released.
Exchanges:
OKX to Delist Some Margin and Perpetual Contract Pairs from Late May
To prevent market risks and provide users with a good trading experience, OKX will regularly delist some perpetual contracts and margin trading pairs. The specific delisting plan is as follows:
For perpetual contract trading, OKX will delist CRVUSD, THETAUSD, and MANAUSD perpetual contracts on May 26, 2025, at 16:00 (UTC+8). The funding rate during this period will be 0, and users' position settlements will not incur funding fees or settlement charges. Considering potential market volatility before contract delisting, users can control risks by reducing actual leverage multiples or closing positions in advance.
For margin trading, OKX will delist the following margin trading pairs in batches from May 29 to June 2, 2025: NFT/USDT, RON/USDT, VELO/USDT, RSS3/USDT, MAJOR/USDT, LOOKS/USDT, GLMR/USDT, PERP/USDT, J/USDT, CAT/USDT, BAL/USDT. OKX will simultaneously suspend margin trading and current lending services for these trading pairs and cancel margin trading market orders. Users need to repay borrowed coins before delisting, or the system will force repayment.
Project Updates:
MilkyWay Airdrop Claiming Deadline is May 29
According to the official MilkyWay announcement, the Massdrop claiming deadline is May 29, 2025, at 18:00 (UTC+8), and users can claim through the official website link.
(The translation continues in the same manner for the rest of the text)Crypto market maker Wintermute announces the establishment of its US headquarters in Manhattan, New York on June 1st, and has hired Ron Hammond, former Blockchain Association Policy Director, as the policy lead. The CEO stated that due to a more friendly US policy stance, the company has decided to quickly layout in this market. Hammond, who has drafted crypto regulations for legislators, said he will seize this opportunity to promote compliance innovation and industry collaboration.
Neo will close its testnet on June 1st
Neo announces the official closure of Neo Legacy mainnet on October 31st, 2025, with the testnet closing on June 1st, 2025. Neo Legacy has been running for over 8 years since its launch in 2016. The official team will take a data snapshot before shutdown, after which asset transfer, smart contract deployment, and other functions will permanently stop, and unmigrated assets will be lost. Users need to complete asset migration through the official migration portal, and the Neo team will also assist centralized exchanges in handling custodial assets.
Token Unlocks:
Sui (SUI) will unlock approximately 44 million tokens at 8 AM Beijing time on June 1st, representing 1.32% of current circulation, valued at around $154 million
ZetaChain (ZETA) will unlock approximately 44.26 million tokens at 8 AM Beijing time on June 1st, representing 5.34% of current circulation, valued at around $10.9 million
dYdX (DYDX) will unlock approximately 8.33 million tokens at 8 AM Beijing time on June 1st, representing 1.07% of current circulation, valued at around $5 million
