This week’s news preview | Binance Alpha launches Huma Finance (HUMA) airdrop; 2025 Bitcoin Conference held in Las Vegas

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Compiled by: Jerry, ChainCatcher

Key News:

May 26 (Monday)

Binance Alpha Will Launch Huma Finance (HUMA) Airdrop on May 26

According to the official announcement, Binance Alpha will be the first platform to launch Huma Finance (HUMA). The trading opening date is May 26, with specific timing to be announced later.

Eligible users need to claim the airdrop using Binance Alpha points on the Alpha event page, which will go live on May 26 along with the detailed rules.

US SEC Opens Public Comment Period for Canary Funds Litecoin ETF, Deadline on May 26

According to former Fox Business reporter Eleanor Terrett, the US Securities and Exchange Commission (SEC) has postponed the decision on Canary Capital's Litecoin (LTC) spot ETF application and initiated a public comment process, focusing on evaluating whether the ETF meets regulatory requirements to prevent fraud and manipulation. The comment deadline is May 26 (Beijing time May 27), with the reply deadline on June 9 (Beijing time June 10).

This delay is consistent with Bloomberg analyst James Seyffart's prediction yesterday that they would likely choose to postpone the final decision rather than directly approve or reject it.

212th Ethereum ACDE Meeting: Fusaka Devnet-0 to Launch 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 launch on May 26, Fusaka EIP scope discussion (EIP-7825 sets transaction Gas limit to 30M; EIP-7918 anchors Blob rate to Base Fee to mitigate fee fluctuations; these two will be included in Devnet-1).

Other discussions included candidate EIP Devnet-2 test network strategy (first forking Sepolia, keeping Hoodi for application testing; encouraging community long-term maintenance of test networks), future plans (next week's CL Call to decide EIP-7917; ACDE to finalize Devnet-2 and start Glamsterdam discussion in two weeks).

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Cointelegraph reports that FTX creditors must now submit their KYC verification by the new deadline of June 1, 2025, otherwise their claims may be rejected.

Peg Will Close Devnet on June 1

Peg announced the closure of the Peg Legacy network, which has served the Peg ecosystem for over 8 years since its launch in 2016. With the Peg ecosystem launching the next-generation blockchain Peg N3 in 2021, Peg has decided to close the Peg Legacy network in 2025.

The Peg Legacy Devnet will be closed on June 1, and the mainnet will be closed on October 31. Users need to migrate their assets and smart contracts to Peg N3 before the closure, otherwise they will be permanently lost.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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