News preview:
- Fed Chairman Powell to testify before House Financial Services Committee on semi-annual monetary policy report
- Venom (VENOM) will unlock approximately 59.26 million tokens at 4:00 pm Beijing time on June 25, accounting for 2.84% of the current circulation and worth approximately US$10 million.
- The U.S. SEC will hold a roundtable meeting on June 26 to review executive compensation disclosure rules
- Blast (BLAST) will unlock approximately 10.5 billion tokens at 10:00 pm Beijing time on June 26, accounting for 34.98% of the current circulation and worth approximately US$22.5 million.
- Binance Alpha and OKX to List Sahara AI (SAHARA) on June 26
- The US will release the PCE price index for May on June 27
June 23
Policy supervision:
South Korea's central bank governor, Chang-yong Lee, is expected to meet with executives of major commercial banks later this month. The meeting, scheduled for June 23 in Seoul, comes amid growing political interest in promoting the development of won-backed stablecoins. Lee is expected to attend a routine banking board meeting that day, followed by dinner with CEOs of major banks, where he may discuss stablecoins.
Exchange:
Binance to Support Zilliqa Network Upgrade and Hard Fork on June 23
Binance announced that it will support the upgrade and hard fork of the Zilliqa (ZIL) network. To ensure user experience, Binance will suspend the deposit and withdrawal services of Zilliqa network tokens at 7:00 am Beijing time on June 23. The upgrade and hard fork are expected to be carried out at block height 4,770,087, corresponding to around 8:00 am Beijing time on June 23.
Project News:
The 214th Ethereum Core Developers Executive (ACDE) meeting reviewed the decisions made in the previous meeting and agreed to keep the final scope of the Fusaka upgrade largely unchanged, adding only one additional EIP, EIP 7939. Developers agreed to include the following 12 EIPs in the Fusaka upgrade: EIP-7594 (PeerDAS - Peer Data Availability Sampling), EIP-7823 (Set an upper limit on MODEXP), EIP-7825 (Transaction Gas Cap), EIP-7883 (ModExp Gas Cost Increase), EIP-7892 (Blob-only parameter hard fork), EIP-7917 (Deterministic Proposer Lookahead), EIP-7918 (Blob base fee is limited by execution cost), EIP-7935 (Set default gas limit to XX0M), EIP-7951 (Precompile for secp256r1 curve support), EIP-7907 (Metering contract code size and increasing limits), EIP-7934 (RLP enforcement block size limit), [new] EIP-7939 (New opcode for counting leading zeros).
Developers adjusted some EIP implementation details: reducing the upper limit of EIP-7907 contract code size from 256KB to 48KB; adjusting the blob base fee parameter of EIP-7918 from 2^14 to 2^13; and moving the maximum blob count parameter from EIP-7892 to EIP-7594. The meeting decided that if at least 3 consensus layer and 3 execution layer client teams are ready, the Fusaka Devnet 2 testnet will be launched on June 23. Developers also discussed two new proposals for the Glamsterdam upgrade, but due to insufficient test data, some parameter adjustments will be postponed to Devnet 3.
Token unlocking:
SOON (SOON) will unlock approximately 41.88 million tokens at 4:30 pm Beijing time on June 23, accounting for 22.41% of the current circulation, with a value of approximately US$8.4 million.
June 24
Macroeconomics:
At 10 p.m. on Tuesday, Federal Reserve Chairman Powell will testify on the semi-annual monetary policy report before the House Financial Services Committee.
Exchange:
Binance Alpha and Binance Futures to List DeLorean (DMC) on June 24
According to the official announcement, Binance Alpha will launch and open trading of DeLorean (DMC) at 19:00 (ET on June 24). In addition, Binance Futures will launch DMCUSDT perpetual contracts at 21:00 (ET on June 24), with a maximum leverage of 50x.
In addition, Gate Launchpool will launch DeLorean (DMC) on June 24
June 25
Macroeconomics:
Fed Chairman Powell testifies before a Senate committee on the semi-annual monetary policy report at 10 p.m. on Wednesday.
Exchange:
Binance: H contract and Alpha trading to be launched on June 25
Binance will be the first platform to list Humanity Protocol (H): Alpha trading will be open at 17:00 (UTC+8) on June 25, 2025; contract trading will be open at 17:30 (UTC+8) on June 25, 2025. Eligible users can go to the Alpha event page to use Binance Alpha points to claim the airdrop after Alpha trading is open. Details will be announced on June 25.
Aria IP airdrop is available, APL will be available on June 25th
Aria opens IP airdrops for claiming. Story Ecosystem RWA Protocol Aria previously announced that it will open IP tokens to Aria x Stakestone depositors. The claim window will close on July 21. In addition, APL will be available for claiming on June 25. All depositors will receive 2 times the points. APL will be available for claiming on June 25
Token unlocking:
Venom (VENOM) will unlock approximately 59.26 million tokens at 4:00 pm Beijing time on June 25, accounting for 2.84% of the current circulation and worth approximately US$10 million.
AltLayer (ALT) will unlock approximately 240 million tokens at 6:00 pm Beijing time on June 25, accounting for 6.83% of the current circulation and worth approximately US$6.7 million.
IOTA (IOTA) will unlock about 15.16 million tokens at 8:00 am Beijing time on June 25, accounting for 0.39% of the current circulation and worth about $2.3 million.
June 26
Policy supervision:
The U.S. Securities and Exchange Commission (SEC) announced that it will hold a roundtable meeting on June 26 to discuss executive compensation disclosure requirements with representatives of listed companies, investors, and experts in related fields. The statement said that the requirements for executive compensation disclosure have been expanding, focusing more on changes in the components of compensation rather than the total amount of compensation, and "it is unclear whether the increased complexity provides investors with additional information that is critical to investment and voting decisions." The U.S. SEC said that it is necessary to conduct a retrospective review of executive compensation disclosure rules to ensure that these rules continue to be cost-effective and avoid excessive non-important information while disclosing key information.
Exchange:
Binance Alpha to List Sahara AI (SAHARA) on June 26
Binance Alpha will list Sahara AI (SAHARA), and trading will be open on June 26. The specific time will be announced separately. Eligible users need to use Binance Alpha points to claim the airdrop on the Alpha event page after Alpha trading is open.
In addition, OKX will also launch SAHARA (Sahara AI) on June 26
Coinbase will delist old versions of MOBILE, RNDR, RBN and SYN tokens on June 26
According to the announcement of Coinbase Assets, since Helium Mobile (MOBILE), Render (RNDR), Ribbon Finance (RBN) and Synapse (SYN) have all released new versions, their original versions no longer meet the platform listing standards, and trading will be suspended at around 14:00 Eastern Time on June 26. At present, the above assets have been converted to limit order mode, and users can still place orders, cancel orders and match. This adjustment applies to the Coinbase website, exchange and Prime platform.
Project News:
Kroma L2 network will be shut down on June 26, $KRO needs to be migrated to Ethereum
Kroma announced that its L2 network will be officially shut down on June 26, 2025. $KRO token holders need to migrate their tokens from Kroma L2 to the Ethereum mainnet (L1) before this date. After the migration is completed, $KRO will continue to be the main token of the upcoming Kroma Protocol.
Yuga Labs co-founder Garga.eth announced on the X platform that the proposal AIP-596 to dissolve ApeCoin DAO has officially started voting, aiming to further promote the reform of the ApeCoin ecosystem and orderly transfer assets and responsibilities to the new entity ApeCo established by Yuga Labs. It is reported that the new entity team will be composed of Cameron Kates, the current executive director of the Ape Foundation, and other foundation members and Banana Bill team members.
Garga.eth reminded that this AIP requires a large number of votes to pass. It is estimated that 3.5% of all circulating tokens will be required to participate in the vote and an absolute majority of 66% will be required to approve it. According to the voting information, the vote will end on June 26, and the current approval rate is 99.19%.
Huma Finance will close the HUMA token claim window on June 26
Huma Finance announced that its decentralized PayFi network HUMA was launched on May 26. Users can claim $HUMA and participate in staking through the claim.huma.finance page. Staking will receive rewards, holding PST or mPST can add Feather Points, and staking for 6 consecutive months will obtain Vanguard status. The claim window will close at 23:59 (UTC) on June 26.
Token unlocking:
Blast (BLAST) will unlock approximately 10.5 billion tokens at 10:00 pm Beijing time on June 26, accounting for 34.98% of the current circulation and worth approximately US$22.5 million.
Undeads Games (UDS) will unlock approximately 2.15 million tokens at 8:00 am Beijing time on June 26, accounting for 2.13% of the current circulation and worth approximately US$2.3 million.
Velo (VELO) will unlock approximately 182 million tokens at 8:00 am Beijing time on June 26, accounting for 2.47% of the current circulation and worth approximately US$2.1 million.
June 27
Macroeconomics:
At 8 pm on Friday, the United States released the PCE price index for May. Currently, economists expect the US PCE price index to increase by 2.3% year-on-year in May, 0.2 percentage points higher than the 2.1% in the previous month; the core PCE price index increased by 2.6% year-on-year, 0.1 percentage points faster than the previous month, indicating a moderate increase in inflation.
Exchange:
Binance Futures to Launch Multiple Quarterly Contracts on June 27
According to Binance's announcement, Binance Futures will launch USDⓈ-M and COIN-M quarterly 1226 delivery contracts after 08:00 (UTC) on June 27, 2025. The new contracts cover BTC, ETH, BNB, XRP and SOL, with a maximum leverage of 50 times and support 24-hour trading. Users can only close their positions 10 minutes before delivery.
Project News:
Decentralized content distribution network Pipe will start token sale on CoinList on June 27
Pipe Network will launch the PIPE token sale at 01:00 (Beijing time) on June 27, 2025, and the sale period will last until July 4. This sale will total 30 million PIPEs, accounting for 3% of the total supply. Two subscription options are supported. Option 1 is valued at US$250 million, 100% unlocked at TGE, and is limited to non-US users; Option 2 is valued at US$200 million, unlocked one year after TGE, and both US and non-US users can participate. The subscription threshold for a single account is $100, with a maximum of $2.5 million, and supports USDT/USDC. The project is built on Solana, focusing on a decentralized content distribution network (CDN), aiming to replace centralized servers with community nodes to improve global network performance. A total of 3% of tokens were released in this round of public sales, and investors behind it include Multicoin Capital and Solana Ventures.
LayerZero launches second round of fee switch referendum, voting ends on June 27
The LayerZero Foundation announced that it has launched the second round of the fee switch referendum, and ZRO holders can participate in the vote through any chain. The voting options are "Agree" to activate the LayerZero protocol fee, or "Disagree" to keep the protocol fee disabled. The voting deadline is June 27.
Token unlocking:
Yield Guild Games (YGG) will unlock approximately 14.08 million tokens at 10:00 pm Beijing time on June 27, accounting for 2.68% of the current circulation and worth approximately US$1.9 million.
June 28
Exchange:
Thailand SEC will block crypto exchanges such as Bybit, 1000X, CoinEx, OKX and XT.COM from June 28
The Securities and Exchange Commission of Thailand (SEC) will block unlicensed digital asset trading platforms such as Bybit, 1000X, CoinEx, OKX and XT.COM from June 28, 2025, in accordance with the Royal Decree on Technology Crime Prevention and Control 2025 (2nd Edition). The regulator said that after investigation, the above platforms were suspected of violating the Royal Decree on Digital Asset Business 2018 and operating without a license, and the case has been transferred to the Economic Crime Suppression Bureau for handling. The measure aims to protect investors and curb illegal platforms from becoming channels for money laundering. The Ministry of Digital Economy and Society will implement the network blockade. Thailand continues to tighten crypto regulation, and has added new enforcement powers for the Technology Crime Prevention and Control Decree in April 2025.
Token unlocking:
SingularityNET (AGIX) will unlock approximately 7.15 million tokens at 8:00 am Beijing time on June 28, accounting for 2.38% of the current circulation and worth approximately US$1.9 million.
Artificial Superintelligence Alliance (FET) will unlock approximately 3.1 million tokens at 8:00 am Beijing time on June 28, accounting for 0.12% of the current circulation, with a value of approximately US$1.9 million.
June 29
Project News:
According to the official blog of the Ethereum Foundation, the first "Ethereum Internship Season" of the Ethereum ecosystem is now open for applications. It is jointly initiated by 18 ecological teams and provides more than 30 paid remote internship positions covering development, ZK research, community, market and other directions. The application deadline is June 29 and the internship period is from August 4 to October 31.
Cryptocurrency reserves:
Spanish coffee chain Vanadi Coffee SA plans to invest more than $1.1 billion in Bitcoin, following MicroStrategy's lead in fully shifting the company's strategic focus to Bitcoin. Chairman Salvador Martí is expected to request authorization to implement a Bitcoin reserve strategy and obtain financing authority at the next board meeting on June 29. The company has completed its first purchase, spending $500,000 to buy 5 BTC. The strategy aims to reverse the company's loss of $3.7 million in 2024.
