News Preview of this week | US SEC holds a roundtable meeting on "DeFi and American Spirit"; Resolv (RESOLV) launches Binance Alpha and Binance contract trading platforms
Reprinted from chaincatcher
06/09/2025·10DCompiled by: Jerry, ChainCatcher
Key News:
- The US SEC will hold a roundtable meeting on June 9
- Binance Alpha and contract will be launched on Skate (SKATE) on June 9
- The U.S. House of Representatives to review the cryptocurrency market structure bill on June 10
- Binance Alpha will be launched on June 10 Defi App (HOME)
- Resolv (RESOLV) will be launched on Binance Alpha and Binance Contract Trading Platform on June 10
- OKX will be launched on June 10th (Resolv)
- The United States will release its May CPI data at 20:30 on June 11
June 9 (Monday)
The US SEC will hold a roundtable meeting on June 9
The Securities and Exchange Commission (SEC) crypto team released its agenda and list of invited guests on June 9. Official attendees included 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 came from multiple DeFi and crypto-native organizations, including Rebecca Rettig of Jito Labs, Paredes Strategies, Jill Gunter of Espresso Systems, Michael Jordan of DBA, Michael Mosier of Arktouros, Gabe Shapiro of MetaLeX, Erik Voorhees of Venice AI, and Kevin Werbach, professor at the University of Pennsylvania Wharton.
Binance Alpha and contract will be launched on Skate (SKATE) on June 9
Binance announced that Skate (SKATE) will be traded online on Binance Alpha platform on June 9, 2025 at 10:00 (UTC). At the same time, the Binance Contract Trading Platform will launch the SKATEUSDT perpetual contract at 10:30 (UTC) on the same day, supporting up to 50 times of leverage.
Binance will launch a liquidity improvement plan for spot small currencies on June 9
According to the official announcement, Binance will launch a spot small currency liquidity improvement plan at 00:00 (UTC) on June 9, 2025, aiming to provide a trading experience with tighter spreads and lower slippage for selected small currency trading pairs.
The plan will provide market-making fee rebates of 0.005% to 0.010% based on the market-making volume share for 18 trading pairs such as INIT/USDT, EOS/USDT.
According to the official dYdX X platform, more than 52 million ethDYDX tokens have not been moved to the native DYDX tokens on the dYdX chain. Previously, the dYdX community has passed a proposal (about 91% voted in favor), and plans to launch a final on-chain proposal on June 9, 2025 (tomorrow) to terminate the bridging support between Ethereum and the dYdX chain.
dYdX official reminds users that as the June 9 deadline approaches, it is recommended to migrate ethDYDX to native DYDX tokens as soon as possible to avoid possible problems.
Tuesday, June 10
The U.S. House of Representatives to review the cryptocurrency market structure bill on June 10
Crypto reporter Eleanor Terrett said French Hill, chairman of the House Financial Services Committee, has set the date of review of the House Cryptocurrency Market Structure Act as June 10.
According to former Fox Business reporter Eleanor Terrett, the Securities and Exchange Commission (SEC) has delayed its decision on the Litecoin (LTC) spot ETF application filed by Canary Capital and initiated a public solicitation process focusing on evaluating whether the ETF meets regulatory requirements to prevent fraud and manipulation. The deadline for comments is May 26 (May 27 Beijing time) and the deadline for defense is June 9 (June 10 Beijing time).
The extension is consistent with Bloomberg analyst James Seyffart's prediction yesterday that "there is a high probability that he will choose to postpone the final decision rather than directly approve or refuse."
According to TRON's official announcement, core developers have reached a preliminary consensus on the main network TRX production reduction plan. The latest proposal plans to lower the block yield reward from 16 TRX to 8 TRX and the voting reward from 160 TRX to 128 TRX, aiming to speed up the deflation process and optimize the network economic model to ensure the long-term sustainable development of the network.
The proposal is expected to officially launch the voting on June 10, 2025, Singapore time. The community is currently still able to participate in the program discussion through Github, and the final result will depend on on-chain voting.
Binance Alpha will be launched on June 10 Defi App (HOME)
According to official news, Binance Alpha will launch the Defi App (HOME), and the transaction opening date is June 10, and the specific time will be announced later.
Eligible users need to use Binance Alpha points to receive airdrops on the Alpha event page, and the event page and details will be launched on June 10.
Resolv (RESOLV) will be launched on Binance Alpha and Binance Contract Trading Platform on June 10
According to Binance announcement, Resolv (RESOLV) will open transactions in Binance Alpha at 21:00 Beijing time on June 10, 2025. In addition, Binance Futures will launch the RESOLVUSDT perpetual contract at 21:30 on the same day, supporting up to 50 times of leverage. Binance became the first platform to launch Resolv trading.
To celebrate this launch, Binance will provide exclusive token airdrops for eligible users. Users need to use Binance Alpha Points to receive airdrops on the Binance Alpha event page from 21:00 on June 10, 2025 to 21:00 on June 11, 2025.
OKX will be launched on June 10th (Resolv)
According to the official announcement, OKX will be launched in RESOLV (Resolv), and the specific time schedule is as follows:
- Online time RESOLV Open recharge time: 6:00 pm on June 4, 2025 (UTC+8);
- RESOLV Call Bidding Time Period: 8:00 to 9:00 pm on June 10, 2025 (UTC+8);
- RESOLV/USDT Spot Trading Opening Time: 9:00 pm on June 10, 2025 (UTC+8);
- RESOLV Open withdrawal time: 11:00 pm on June 10, 2025 (UTC+8).
According to Bitcoin News, The Blockchain Group will hold its annual shareholder meeting on June 10, 2025, seeking shareholder approval to raise 10 billion euros to accelerate its Bitcoin reserve strategy.
Wednesday, June 11
The United States will release its May CPI data at 20:30 on June 11
At 20:30 Beijing time on June 11, the United States will release its May CPI data, which will test the market's optimism about interest rate cuts, as it may show that the recent decline in inflation has stagnated.
Stacks-based DeFi protocol ALEX published an article saying that due to a vulnerability in the currency verification logic, the attacker withdraws funds from multiple asset pools, with a total loss of approximately US$8.37 million. The specific losses are:
STX lost 8.4 million STX (approximately US$5.69 million), sBTC lost 2185 sBTC (approximately US$2.24 million), USDC/USDT lost 149,850 (approximately US$149,800), WBTC/BTC lost 280 WBTC (approximately US$287,400).
The ALEX Lab Foundation will use the Treasury to fully compensate each affected user for losses, which will be paid by USDC. The compensation calculation will be based on the on-chain exchange rate average between 18:00 and 22:00 on June 6, 2025. The affected wallet address will be privately notified by 7:59 on June 9, 2025, including the claim form. The claim form must be submitted by 7:59 UTC on June 11, 2025 to confirm the receiving wallet address. After confirmation, the compensation USDC will be sent within 7 working days.
Thursday, June 12
Although the U.S. Department of Justice issued a memorandum of employee claims that it would not file a lawsuit against cryptocurrency companies, U.S. prosecutors said they have no plans to amend the charges against Terraform Labs founder Do Kwon, according to The Block.
The court postponed the trial date from the original 26 January 2026 to February 17, 2026. The next pretrial meeting for the case is scheduled to be held on June 12, 2025. Do Kwon is currently facing a number of charges, including commodity fraud, securities fraud, telecom fraud and co-conspiracy to launder money.
If all charges are convicted, Quan may face up to 130 years in prison. Earlier this year, shortly after Do Kwon was extradited to the U.S. from Montenegro, he pleaded not guilty to the charges in a New York court.
June 13 (Friday)
According to the official announcement, Binance will adjust the leverage and margin level of multi-currency U standard perpetual contracts including XLM, ETC, ATOM, etc. at 06:30 (UTC) on June 13, 2025. The adjustment will involve the position limit and maintenance margin ratio of each gear.
June 14 (Saturday)
Coinbase Prime will be temporarily offline on June 14 due to the planned technical system upgrade, with an upgrade time of up to 4 hours.
From 23:00 on June 14 to 3:00 am the next day, Coinbase Prime customers will be unable to trade, borrow, pledge, asset transfer, asset redemption or access the on-chain wallet, and ongoing transfers will be delayed.
jinse