News of the week | Binance Alpha and Binance contracts launch Bondex (BDXN); SEC holds an emerging trends conference on asset management
Reprinted from chaincatcher
06/02/2025·2DCompiled by: Jerry, ChainCatcher
Key News:
- Binance Alpha will be launched on June 2nd LayerEdge (EDGEN)
- Kraken launches FTX creditor compensation, international clients allocate funds on June 2
- Binance Alpha and Binance contracts will be launched on June 3rd Bondex (BDXN)
- Re-staking agreement YieldNest announced that it will conduct TGE on June 3
- The SEC will hold an emerging trends meeting on asset management on June 5, and representatives from BlackRock and other institutions will attend
June 2 (Monday)
Binance Alpha will be launched on June 2nd LayerEdge (EDGEN)
According to the official announcement, Binance Alpha will become the first platform to launch LayerEdge (EDGEN). The transaction opening date is June 2, and the specific time will be announced later.
Eligible users need to use Binance Alpha points to receive airdrops on the Alpha event page. The event page and details will be launched on June 2.
Kraken launches FTX creditor compensation, international clients allocate funds on June 2
FTX creditors representing Sunil on the X platform stated that Kraken has issued a fund allocation notice to FTX creditor customers. FTX U.S. creditor funds allocation time is May 30, 2025 (total creditors: US$312 million), and FTX International creditor funds allocation time is June 2, 2025.
According to YZi Labs announcement, the company announced the appointment of Cathy Dou as the incubation operations director, responsible for the 10-week offline incubation project EASY Residency, which was launched on June 2.
The first stop of the project is located in Silicon Valley, California. It is aimed at the top startup teams in the fields of Web3, AI and health care, providing funding, accommodation, meals and mentor resources. The subsequent plan is expanded to Singapore, Dubai and other places. Applications will be closed at 14:59 Beijing time on May 22.
According to official news, five Korean crypto exchanges, Upbit, Bithumb, Coinone, Korbit and Gopax, announced that they plan to remove Wemade's blockchain platform currency WEMIX on June 2, and token withdrawal will be terminated on July 2.
The decision on the removal of the specific token was made through DAXA, the Korean Digital Asset Trading Association, whose members include these five platforms, DAXA believes that the Wemix Foundation has not adequately addressed the issue leading to being designated as a prudent cryptocurrency investing, and determined that the asset does not meet the criteria for maintaining transaction support after a comprehensive review of the credibility and security of the issuing entity.
OKX Wallet will open on June 2nd EDGEN airdrop application
According to official news, OKX Wallet has now opened EDGEN airdrop query and will be collected on June 2. Users can connect through the OKX Wallet App or plug-in.
It is reported that LayerEdge is a decentralized network that improves the ability of Bitcoin block space through ZK and BitVM technologies, so that each layer can be secured on the Bitcoin network and truly realizes Bitcoin Rollups. OKX Wallet is the industry-leading one-stop Web3 portal and now supports more than 130 popular public chains.
June 3 (Tuesday)
According to The Defiant, the U.S. Securities and Exchange Commission (SEC) has postponed its physical subscription and redemption resolution on spot Bitcoin and Ethereum ETFs for WisdomTree and VanEck until June 3, 2025. Physical transactions involve direct exchange of underlying assets such as Bitcoin and Ethereum, not cash. New York Stock Exchange Arca and Cboe BZX are exchanges related to these proposals.
Binance Alpha and Binance contracts will be launched on June 3rd Bondex (BDXN)
Binance announced that it will launch Bondex (BDXN) spot trading on Binance Alpha on 6:30 Beijing time, and launch the BD2NUSDT perpetual contract at 18:30 on the same day, with a maximum leverage of 50 times. Binance became the first platform to support Bondex (BDXN) transactions.
To celebrate this launch, Binance will provide exclusive airdrop rewards for eligible users. Users must use Binance Alpha Points to receive airdrops through the Binance Alpha event page from 18:00 on June 3 to 18:00 on June 4.
Re-staking agreement YieldNest announced that it will conduct TGE on June 3
Re-staking agreement YieldNest said on social platforms that TGE will be conducted on June 3. About 40% of the token allocation is used for community incentives, and token repurchases will be used in the future with protocol income.
South Korea 's presidential election will be held on June 3
Kim Moon-soo, the presidential candidate of South Korea's right-wing party, officially announced support for the adoption of spot cryptocurrency ETFs in South Korea as part of his campaign pledge, according to The Block.
Previously, left-wing Democratic candidate Lee Jae-ming also promised to introduce spot crypto ETFs. The candidates of the two major political parties have formed a cross-party consensus aimed at promoting the accumulation of middle-class wealth and providing more opportunities for the younger generation. The chairman of the Korea Financial Services Committee said he would discuss the implementation plan with the new government. The success of US spot crypto ETFs (net inflows of over $43 billion) has become a key factor in driving South Korea to re-examine such products. South Korea's presidential election is scheduled to be held on June 3, 2025.
Wednesday, June 4
OKX will launch 11 coin pairs including ZERO, PRQ, IQ, ARTY and SAMO on June 4
According to the official announcement, OKX will remove 11 trading pairs including ZERO/USDT, ZERO/USD, PRQ/USDT, PRQ/USDT, IQ/USDT, IQ/USDT, IQ/USD, ARTY/USDT, ARTY/USD, SAMO/USDT, SAMO/USDT, USDT, USDT, USDT/USDC, etc. from 4:00 to 6:00 (UTC+8). Recharge of related currencies has been suspended on May 28, and withdrawals will be suspended on September 4.
Thursday, June 5
According to Cointelegraph, the U.S. Securities and Exchange Commission (SEC) will hold an "Emerging Trends in Asset Management" meeting on June 5, 2025, with topics including digital assets and tokenization.
SEC member Hester Peirce will attend, and the attendees will also include representatives from well-known financial institutions such as BlackRock, Franklin Templeton, and Fidelity.
Coinbase International Station will launch HYPE perpetual contract transactions on June 5
According to the official announcement, Coinbase International Station will launch HYPE perpetual contract trading after 9:30 am (UTC) on June 5.
Upbit announced that since Siacoin (SC) is about to conduct hard forks, Siacoin's charging and withdrawal services will be suspended from 18:00 (KST) on June 5, 2025 until the stability of the hard fork is confirmed. During the suspension period, the recharge and withdrawal processes of related assets will be temporarily stopped, and the transaction will not be affected. The recovery time will be notified separately.
OKX Web3 Wallet will suspend support for Runes Marketplace on June 5, 2025
OKX Web3 Wallet announced that it will suspend support for Runes trading market on June 5, 2025. At that time, relevant trading functions (including listing and removal) will be closed and all unfinished pending orders will be cleaned. The wallet will still support the display and transfer operations of Runes assets, and other asset transactions and transfer functions will not be affected.
According to Bitcoin.com, the FBI's San Francisco branch and the North District of California prosecutor's office jointly issued a statement requiring victims of cryptocurrency fraud cases, Rowland Marcus Andrade, founder of AML Bitcoin, to file a claim before June 5. The main culprit in the case sold tokens such as AML Bitcoin under the guise of false anti-money laundering technology through entities such as the "NAC Foundation" and has been sentenced for telecommunications fraud and money laundering.
The FBI stressed that under federal law, qualifying victims can apply for compensation and legal support. Information must be submitted through the designated form, and will not be accepted after the deadline. The authorities also called on the public to assist in the spread of information to ensure that more potential victims are informed of their rights. Data shows that the amount involved in the case reached tens of millions of dollars, involving multiple virtual assets such as Black Gold Coin.
June 6 (Friday)
According to the official announcement, Binance will adjust the leverage and margin levels of perpetual contracts such as LRCUSDT and PHBUSDT at 06:30 (UTC) on June 6, 2025. The position limit and maintenance margin ratio of some contracts will be updated simultaneously, and existing positions will be affected.
June 8 (Sunday)
Gnosis Chain posted on the X platform that third-party applications need to take action, and the xDAI bridging contract is undergoing a key upgrade: on Ethereum, DAI will be replaced by USDS to become the default accepted token, and xDAI will continue to be minted on Gnosis Chain.
Third-party applications must be integrated with the new Bridge Router contract on Ethereum by June 8, 2025.
jinse