This Week's News Preview | U.S. SEC Holds "DeFi and the American Spirit" Roundtable; Resolv (RESOLV) Launches on Binance Alpha and Binance Futures Trading Platform
Highlights of the week from June 9 to June 15.整理：Jerry，ChainCatcher
Key News:
- US SEC to hold "DeFi and the American Spirit" roundtable on June 9
- Binance Alpha and contracts to launch Skate (SKATE) on June 9
- US House of Representatives to review cryptocurrency market structure bill on June 10
- Binance Alpha to launch Defi App (HOME) on June 10
- Resolv (RESOLV) to launch on Binance Alpha and Binance contract trading platform on June 10
- OKX to launch RESOLV (Resolv) on June 10
- US to release May CPI data on June 11 at 20:30
June 9 (Monday)
US SEC to hold "DeFi and the American Spirit" roundtable on June 9
The US Securities and Exchange Commission (SEC) crypto team announced the agenda and list of invited guests for the "DeFi and the American Spirit" roundtable scheduled for June 9. Official attendees include SEC Chairman Paul S. Atkins, Chief Assistant for Crypto Affairs Richard B. Gabbert, and three SEC commissioners Caroline A. Crenshaw, Mark T. Uyeda, and Hester M. Peirce.
Invited guests come 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 Professor Kevin Werbach from the Wharton School of the University of Pennsylvania.
Binance Alpha and contracts to launch Skate (SKATE) on June 9
Binance announced that Skate (SKATE) will be available for trading on the Binance Alpha platform on June 9, 2025, at 10:00 (UTC). Additionally, the Binance contract trading platform will launch the SKATEUSDT perpetual contract on the same day at 10:30 (UTC), supporting up to 50x leverage.
Binance to launch spot small-cap liquidity enhancement program on June 9
According to an official announcement, Binance will launch a spot small-cap liquidity enhancement program on June 9, 2025, at 00:00 (UTC), aimed at providing a tighter spread and lower slippage trading experience for selected small-cap trading pairs.
The program will target 18 trading pairs, including INIT/USDT and EOS/USDT, offering a market-making fee rebate of 0.005% to 0.010% based on market-making volume share.
According to dYdX's official X platform disclosure, over 52 million ethDYDX tokens have not been migrated to the native DYDX token on the dYdX chain. Previously, the dYdX community had passed a proposal (with about 91% in favor) to initiate a final on-chain proposal on June 9, 2025 (tomorrow) to terminate bridge support between Ethereum and the dYdX chain.
dYdX officials remind users that as the June 9 deadline approaches, they should migrate ethDYDX to the native DYDX token as soon as possible to avoid potential issues.
June 10 (Tuesday)
US House of Representatives to review cryptocurrency market structure bill on June 10
Crypto journalist Eleanor Terrett reported that the Chairman of the US House Financial Services Committee, French Hill, has set the review date for the House cryptocurrency market structure bill for June 10.
US SEC delays decision on Canary Capital's Litecoin spot ETF application, responses due by June 10
According to former Fox Business reporter Eleanor Terrett, the US Securities and Exchange Commission (SEC) has delayed its decision on the Litecoin (LTC) spot ETF application submitted by Canary Capital and has initiated a public comment period to assess whether the ETF meets regulatory requirements to prevent fraud and manipulation. The comment period ended on May 26 (Beijing time May 27), and responses are due by June 9 (Beijing time June 10).
This delay aligns with Bloomberg analyst James Seyffart's prediction yesterday that "it is highly likely they will choose to delay a final decision rather than directly approve or reject it."
According to an official announcement from TRON, core developers have reached a preliminary consensus on the TRX reduction plan for the mainnet. The latest proposal aims to reduce the block reward from 16 TRX to 8 TRX and the voting reward from 160 TRX to 128 TRX, intending to accelerate the deflation process and optimize the network's economic model to ensure the long-term sustainability of the network.
The proposal is expected to officially start voting on June 10, 2025, Singapore time. The community can currently participate in the discussion of the proposal via Github, and the final result will depend on on-chain voting.
Binance Alpha to launch Defi App (HOME) on June 10
According to official news, Binance Alpha will launch the Defi App (HOME), with the trading opening date set for June 10, with specific timing to be announced later.
Eligible users need to use Binance Alpha Points to claim airdrops on the Alpha event page, which will be launched on June 10.
Resolv (RESOLV) to launch on Binance Alpha and Binance contract trading platform on June 10
According to Binance's announcement, Resolv (RESOLV) will be available for trading on Binance Alpha at 21:00 on June 10, 2025, Beijing time. Additionally, Binance Futures will launch the RESOLVUSDT perpetual contract on the same day at 21:30, supporting up to 50x leverage. Binance will be the first platform to list Resolv for trading.
To celebrate this launch, Binance will provide exclusive token airdrops for eligible users. Users need to use Binance Alpha Points to claim the airdrop on the Binance Alpha event page, from 21:00 on June 10, 2025, to 21:00 on June 11, 2025.
OKX to launch RESOLV (Resolv) on June 10
According to the official announcement, OKX is about to launch RESOLV (Resolv), with the following schedule:
- Launch time for RESOLV deposit: June 4, 2025, at 18:00 (UTC+8);
- RESOLV auction time: June 10, 2025, from 20:00 to 21:00 (UTC+8);
- RESOLV/USDT spot trading opening time: June 10, 2025, at 21:00 (UTC+8);
- RESOLV withdrawal opening time: June 10, 2025, at 23:00 (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 to accelerate its Bitcoin reserve strategy.
June 11 (Wednesday)
US to release May CPI data on June 11 at 20:30
On June 11, 2025, at 20:30 Beijing time, the US will release the May CPI data, which will test the market's optimism about interest rate cuts, as it may show a stagnation in the recent downward trend of inflation.
The Stacks-based DeFi protocol ALEX announced that it was attacked due to a vulnerability in its token listing verification logic, resulting in the attacker extracting funds from multiple asset pools, with total losses amounting to approximately $8.37 million. The specific losses are:
Loss of 8.4 million STX (approximately $5.69 million), loss of 21.85 sBTC (approximately $2.24 million), loss of 149,850 USDC/USDT (approximately $149,800), and loss of 2.80 WBTC/BTC (approximately $28,740).
The ALEX Lab Foundation will fully compensate each affected user using the treasury, with compensation paid in USDC. The 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, containing the claims form. The claims form must be submitted before 7:59 UTC on June 11, 2025, confirming the receiving wallet address. Upon confirmation, the compensation in USDC will be sent within 7 working days.
June 12 (Thursday)
According to The Block, despite the US Department of Justice issuing a memo stating it will not prosecute cryptocurrency companies, US prosecutors indicated they have no plans 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 for the case is set for June 12, 2025. Do Kwon currently faces multiple charges, including commodity fraud, securities fraud, telecommunications fraud, and conspiracy to commit money laundering.
If all charges are upheld, Kwon could face up to 130 years in prison. Earlier this year, shortly after being extradited from Montenegro to the US, Kwon pleaded not guilty to these charges in a New York court.
June 13 (Friday)
According to an official announcement, Binance will adjust the leverage and margin levels for multi-currency U-based perpetual contracts, including XLM, ETC, and ATOM, on June 13, 2025, at 06:30 (UTC), affecting the position limits and maintenance margin rates for each tier.
June 14 (Saturday)
Coinbase Prime will temporarily go offline for planned technical system upgrades on June 14, with the upgrade expected to last up to 4 hours.
From June 14, 23:00 to the next day at 3:00, Coinbase Prime customers will be unable to trade, borrow, stake, transfer assets, exchange assets, or access on-chain wallets, and ongoing transfers will be delayed.
