News Preview of this week | Binance launches Alpha points consumption mechanism; US SEC holds a roundtable for asset tokenization
Reprinted from chaincatcher
05/12/2025·27DCompiled by: Jerry, ChainCatcher
Key News:
- US SEC will hold an asset tokenization roundtable on May 12 to explore the intersection of traditional finance and decentralized finance
- The TRUMP dinner rankings will be locked on May 12, with the 220th weighted position of about 3,114 tokens
- Binance will launch the Alpha Points Consumption Mechanism on May 13
- Galaxy is scheduled to be available on Nasdaq on May 16
- Solayer will be unlocked for the second quarter of the token on May 16, 100% for ecological incentives and growth
May 12 (Monday)
According to the official website of the SEC, the U.S. Securities and Exchange Commission's Cryptocurrency Working Group announced that it will hold a roundtable on May 12 with the theme of "Tokenization - Assets on Chain: The Intersection of Traditional Finance and Decentralized Finance".
Hester M. Peirce, head of the SEC Cryptocurrency Working Group, said tokenization is a technological development that could fundamentally change many aspects of the financial market.
The meeting will be held at the SEC Washington headquarters from 1:00 to 5:30 pm ET on May 12, open to the public and broadcast live on the SEC official website. In addition, the SEC also announced that the "Decentralized Finance and the American Spirit" roundtable, which was originally scheduled for June 6, has been rescheduled to June 9.
OKX will remove 6 leveraged coin pairs including MEMEFI/USDT, VRA/USDT, etc. on May 12
According to the official announcement, OKX will remove MEMEFI/USDT, VRA/USDT, NC/USDT, OL/USDT, ETC/USDC and LUNC/USDC leveraged coin pairs from 2:00-6:00 pm on May 12, 2025 (UTC+8).
In addition, the above coin pair borrowing function will be stopped at 7:00 pm (UTC+8) on May 7, 2025.
TRUMP Tokens officially issued a statement saying that the TRUMP dinner rankings will be closed at 1:30 pm (EST) on May 12, and will lock in the top 220 dinner qualifications. Trump himself will attend the dinner in person on May 22.
According to the ranking data, the 220th address currently holds 5140.808 TRUMP tokens, 3114.569 tokens weighted by time, and the final qualifications are ranked according to time. According to the rules, giant whale that has recently sold its positions will still be eligible for attendance.
Tuesday, May 13
Binance will launch the Alpha Points Consumption Mechanism on May 13
According to the official announcement, from May 13, 2025, Binance will launch the Alpha Points Consumption Mechanism.
According to this mechanism, if a user successfully participates in the Token Generation Activity (TGE) or receives an airdrop, the system will deduct a certain number of Alpha points.
May 14 (Wednesday)
Vaulta: EOS tokens will be changed to A token on May 14, with a 1:1 exchange ratio
Web3 bank Vaulta (formerly EOS) announced on the X platform that the EOS token will become A token on May 14. The redemption ratio is 1:1, the token economics has not changed, there is no redemption fee, and the redemption can be completed on the official channel on May 14.
Previous news , EOS was transformed into a web3 bank and renamed Vaulta, and plans to launch new tokens.
VanEck on-chain economic ETF (NODE) will be officially launched on May 14
According to Cointelegraph, VanEck's on-chain economic ETF (NODE) will be officially launched on May 14.
May 16 (Friday)
Galaxy is scheduled to be available on Nasdaq on May 16
Mike Novogratz, CEO of digital asset management company Galaxy, posted on the X platform that Galaxy is scheduled to go public on Nasdaq on May 16, awaiting shareholder approval on May 9. The listing will allow Galaxy to better serve investors in the digital asset and artificial intelligence ecosystem and start the next stage of growth.
According to the Solayer Foundation announcement, the next round of community tokens will be unlocked on May 16, all for the second quarter incentives, early users, InfiniSVM developers and ecosystem development, including native product launch and product growth plans. The foundation said it will announce the details of token allocation and new product release plans in May.
Coinbase will suspend transactions on GAL, LIT, DAR, ORN, PRQ on May 16
According to official information, according to recent review, transactions for Galxe (GAL), Litentry (LIT), Mines Of Dalarnia (DAR), Orion Protocol (ORN) and PARSIQ (PRQ) will be suspended, with the suspension period being around 2 pm Eastern Time on May 16, 2025.
The reason GAL, LIT, DAR, ORN and PRQ were delisted is that new versions of these tokens have been released. Therefore, the original versions of these tokens no longer comply with Coinbase’s listing standards.
GAL, LIT, DAR, ORN and PRQ transactions will be suspended on Coinbase (Simple And Advanced Trade), Coinbase Exchange and Coinbase Prime.
Coinbase announces that it will suspend MOVE transactions on May 16
According to the official announcement, Coinbase will suspend Movement (MOVE) token trading at around 2 a.m. on May 16 (UTC+8). It has now adjusted the MOVE order book to a limit mode. Users can place orders and withdraw orders, and orders may be matched and completed.
Binance will adjust the minimum price change units for multiple spot trading pairs on May 16
According to the official announcement, Binance will adjust the minimum price change unit (TickSize) of 16 spot trading pairs including ALICE/USDT, BCH/BNB, ORDI series at 05:00 (UTC) on May 16, 2025 to improve market liquidity and trading experience. Existing orders are not affected, API users can obtain the latest parameters through GET/Api/v3/exchangeInfo.
May 17 (Saturday)
Terra tweeted that the deadline for creditors to file encryption losses claims with Terraform Labs Pte. Ltd. Wind Down Trust is 11:59 Beijing time on May 17.
Creditors must submit a qualifying crypto loss claim through the website by this date. Submissions overdue will not be accepted.
According to the official announcement, starting from 08:00 on May 17, 2025 (East Eighth District time), Binance Unified Account will launch a stepped negative balance threshold for different assets based on the user's VIP level.
If the negative balance in the user's unified account exceeds the negative balance threshold, the user will be charged interest fees based on the negative balance of the unified account at 08:00 (East Eighth District time) every day. Interest expenses are calculated based on the Binance leveraged daily interest rate.
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