Compiled by: Jerry, ChainCatcher
Key News:
- US SEC to Hold "DeFi and the American Spirit" Roundtable on June 9
- Binance Alpha and Contracts to List Skate (SKATE) on June 9
- US House to Review Crypto Market Structure Bill on June 10
- Binance Alpha to List Defi App (HOME) on June 10
- Resolv (RESOLV) to List on Binance Alpha and Binance Contracts on June 10
- OKX to List RESOLV (Resolv) on June 10
- US to Release May CPI Data at 20:30 on June 11
June 9 (Monday)
US SEC to Hold "DeFi and the American Spirit" Roundtable on June 9
The US Securities and Exchange Commission (SEC) crypto group has announced the agenda and invited guests for its "DeFi and the American Spirit" roundtable scheduled for June 9. Official attendees include SEC Chair Paul S. Atkins, Chief Crypto Assistant Richard B. Gabbert, and three SEC commissioners Caroline A. Crenshaw, Mark T. Uyeda, and Hester M. Peirce.
Invited guests are from various DeFi and crypto-native organizations, including Rebecca Rettig from Jito Labs, Paredes Strategies, Jill Gunter from Espresso Systems, Michael Jordan from DBA, Michael Mosier from Arktouros, Gabe Shapiro from MetaLeX, Erik Voorhees from Venice AI, and Kevin Werbach, professor at the University of Pennsylvania Wharton School.
Binance Alpha and Contracts to List Skate (SKATE) on June 9
Binance announced that Skate (SKATE) will be listed for trading on Binance Alpha platform on June 9, 2025, at 10:00 (UTC). Additionally, Binance Futures will launch SKATEUSDT perpetual contracts on the same day at 10:30 (UTC), supporting up to 50x leverage.
Binance to Launch Spot Small Coin Liquidity Enhancement Program on June 9
According to the official announcement, Binance will launch a spot small coin liquidity enhancement program on June 9, 2025, at 00:00 (UTC), aimed at providing tighter spreads and lower slippage trading experiences for selected small coin trading pairs.
The program will target 18 trading pairs including INIT/USDT, EOS/USDT, offering market-making fee rebates of 0.005% to 0.010% based on market-making volume proportion.
dYdX to Propose Terminating Ethereum-dYdX Cross-Chain Bridge Support on June 9
According to dYdX's official X platform, over 52 million ethDYDX tokens have not yet been migrated to the native DYDX tokens on the dYdX chain. Previously, the dYdX community passed a proposal (with approximately 91% approval) to initiate a final on-chain proposal on June 9, 2025 (tomorrow) to terminate bridge support between Ethereum and the dYdX chain.
dYdX officially reminds users to migrate ethDYDX to native DYDX tokens as soon as possible before the June 9 deadline to avoid potential issues.
June 10 (Tuesday)
US House to Review Crypto Market Structure Bill on June 10
Crypto journalist Eleanor Terrett reports that House Financial Services Committee Chairman French Hill has set the review date for the House Crypto Market Structure Bill to June 10.
SEC Delays Decision on Canary Capital's LTC Spot ETF Application, Response Deadline on June 10
According to former Fox Business reporter Eleanor Terrett, the US Securities and Exchange Commission (SEC) has delayed its decision on Canary Capital's Litecoin (LTC) spot ETF application and initiated a public comment period, focusing on evaluating whether the ETF meets regulatory requirements to prevent fraud and manipulation. The comment period closed on May 26 (Beijing time May 27), with the response deadline set for June 9 (Beijing time June 10).
This delay is consistent with Bloomberg analyst James Seyffart's prediction that they would likely choose to delay the final decision rather than directly approve or reject it.
According to a TRON official announcement, core developers have reached a preliminary consensus on the mainnet TRX reduction plan. The latest proposal aims to reduce block rewards from 16 TRX to 8 TRX and voting rewards from 160 TRX to 128 TRX, intending to accelerate the deflationary process, optimize the network economic model, and ensure long-term network sustainability.
The proposal is expected to officially start voting on June 10, 2025, Singapore time. The community can still participate in the proposal discussion through Github, with the final result depending on on-chain voting.
Binance Alpha to List Defi App (HOME) on June 10
According to official sources, Binance Alpha will list Defi App (HOME), with the trading opening date set for June 10, and the specific time to be announced later.
Eligible users need to claim airdrops using Binance Alpha Points on the Alpha activity page, with the page and details to be launched on June 10.
Resolv (RESOLV) to List on Binance Alpha and Binance Contracts on June 10
According to the Binance announcement, Resolv (RESOLV) will open trading on Binance Alpha at 21:00 Beijing time on June 10, 2025. Additionally, Binance Futures will launch RESOLVUSDT perpetual contracts on the same day at 21:30, supporting up to 50x leverage. Binance becomes the first platform to list Resolv trading.
To celebrate this listing, Binance will provide an exclusive token airdrop for eligible users. Users need to claim the airdrop using Binance Alpha Points on the Binance Alpha activity page from June 10, 2025, 21:00 to June 11, 2025, 21:00.
OKX to List RESOLV (Resolv) on June 10
According to the official announcement, OKX is about to list RESOLV (Resolv) with the following schedule:
- RESOLV deposit opening time: June 4, 2025, at 6:00 PM (UTC+8);
- RESOLV collection auction period: June 10, 2025, from 8:00 PM to 9:00 PM (UTC+8);
- RESOLV/USDT spot trading opening time: June 10, 2025, at 9:00 PM (UTC+8);
- RESOLV withdrawal opening time: June 10, 2025, at 11:00 PM (UTC+8).
According to Bitcoin News, The Blockchain Group will hold its annual shareholders meeting on June 10, 2025, seeking shareholder approval to raise 10 billion euros to accelerate its Bitcoin reserve strategy.
June 11 (Wednesday)
The United States will release May CPI data at 20:30 on June 11
At 20:30 Beijing time on June 11, the United States will release May CPI data, which will test the market's optimistic sentiment about rate cuts, as it may show that the recent downward trend of inflation has stalled.
The DeFi protocol ALEX based on Stacks stated that due to a listing verification logic vulnerability, attackers extracted funds from multiple asset pools, with a total loss of approximately $8.37 million. Specific losses are:
STX loss of 8.4 million STX (approximately $5.69 million), sBTC loss of 21.85 sBTC (approximately $2.24 million), USDC/USDT loss of 149,850 (approximately $14,980), WBTC/BTC loss of 2.80 WBTC (approximately $28,740).
The ALEX Lab Foundation will use the treasury to fully compensate the losses of each affected user, with compensation to be paid in USDC. Compensation calculation will be based on the average on-chain exchange rate between 18:00 and 22:00 on June 6, 2025. Affected wallet addresses will receive private notifications before 7:59 on June 9, 2025, including claim forms. Claim forms must be submitted before 7:59 UTC on June 11, 2025, to confirm the receiving wallet address. After confirmation, the compensated USDC will be sent within 7 working days.
June 12 (Thursday)
According to The Block, although the US Department of Justice issued a staff memo stating that they will not sue crypto companies, US prosecutors said they do not plan to modify the charges against Terraform Labs founder Do Kwon.
The court has postponed the trial date from the originally scheduled January 26, 2026, to February 17, 2026. The next pre-trial hearing is set for June 12, 2025. Do Kwon currently faces multiple charges, including commodity fraud, securities fraud, wire fraud, and money laundering conspiracy.
If all charges are proven, he could face up to 130 years in prison. Earlier this year, shortly after being extradited from Montenegro to the United States, Do Kwon pleaded not guilty to these charges in a New York court.
June 13 (Friday)
According to the official announcement, Binance will adjust the USDT-margined perpetual contract leverage and margin levels for multiple cryptocurrencies including XLM, ETC, and ATOM on June 13, 2025, at 06:30 (UTC), involving position limits and maintenance margin rates for each tier.
June 14 (Saturday)
Coinbase Prime will be temporarily offline on June 14 due to planned technical system upgrades, with the upgrade lasting up to 4 hours.
From 23:00 on June 14 to 3:00 the next morning, Coinbase Prime customers will be unable to trade, lend, stake, transfer assets, exchange assets, or access on-chain wallets, and ongoing transfers will be delayed.
