Key Events Overview
This week brings significant developments across the crypto ecosystem:
- Binance lists Huma Finance (HUMA) - Launching May 26 with enhanced payment infrastructure
- FTX bankruptcy claims processing - Major creditor payments begin May 30
- Sui (SUI) token unlock - $154 million worth of tokens releasing June 1
- Exchange updates - New listings on Bybit, Gate, and OKX
- Regulatory developments - SEC delays Ethereum ETF decision to June 1
May 26 Highlights
Exchange Listings
Binance Launchpool: Huma Finance (HUMA)
Launching at 21:00 UTC+8 with five trading pairs (USDT, USDC, BNB, FDUSD, TRY). Huma Finance accelerates cross-border payments through instant liquidity access.
Market Closures
US and UK markets closed for Memorial Day and Spring Bank Holiday respectively.
Project Updates
Ethereum Fusaka Devnet-0 Launch
The testnet goes live with critical EIP implementations including gas limit adjustments and blob fee stabilization.
BNB Chain Maxwell Hard Fork
Testing begins for 0.75-second block times (50% faster than current speed), with mainnet deployment scheduled for June 30.
Governance
Initia Inflation Correction Vote
Proposal to fix excessive token inflation goes live, with staking subsidy plans for affected users.
May 27 Developments
Regulatory Update
SEC Extends Litecoin ETF Review
Public comments now accepted until May 27 for Canary Capital's LTC ETF application.
New Listings
Puffverse Token (PFVS) Debuts
Launching simultaneously on:
- Bybit at 20:00 UTC+8
- Gate.io via Launchpad
The Disney-inspired metaverse project combines Web3 and Web2 elements.
Project News
Aethir Checker Node Buyback
Program begins for node license holders to sell back NFT licenses at floating rates.
May 28 Notables
Policy Watch
US Vice President at Bitcoin 2025
Keynote address scheduled for Las Vegas conference.
Exchange Activity
Sophon (SOPH) Listings
- Binance Alpha at 21:00 UTC+8
- OKX at 21:00 UTC+8
- Binance Futures at 21:30 UTC+8
EOS Token Migration
Binance and OKX support 1:1 swap to Vaulta (A) tokens, with new trading pairs available May 28.
Token Unlock
Bio Protocol (BIO)
$28 million worth of tokens (20.22% of circulating supply) releasing at 08:00 UTC+8.
May 29 Focus
Economic Indicators
- Federal Reserve meeting minutes release
- US Q1 GDP revision and unemployment claims data
Exchange Updates
OKX Product Sunset
Phase-out begins for select perpetual contracts and margin trading pairs including CRVUSD and GLMR.
Project Deadline
MilkyWay Airdrop Claim
Last chance to collect Massdrop rewards before 18:00 UTC+8 cutoff.
May 30 Milestones
Bankruptcy Proceedings
FTX Creditor Payments
Initial distributions begin from $11.4 billion cash reserves.
Project Changes
Treasure Chain Shutdown
Final day for asset migration to Ethereum or Arbitrum networks.
Token Unlocks
Two major releases:
- Kamino (KMNO): $15.1 million at 20:00 UTC+8
- Renzo (REZ): $5.7 million at 19:00 UTC+8
May 31 Updates
Exchange Changes
Bybit Wallet Services Sunset
Cloud Wallet and Keyless Wallet functionality terminates permanently.
Token Release
Optimism (OP)
$22.7 million unlock (1.83% of circulating supply) at 08:00 UTC+8.
June 1 Outlook
Regulatory Timeline
SEC Ethereum ETF Decision Delay
New deadline for Grayscale's staking-enabled ETF proposal.
Project Moves
Wintermute US Expansion
New York headquarters opens as market maker enters American market.
Major Token Unlocks
Three significant releases:
- Sui (SUI): $154 million at 08:00 UTC+8
- ZetaChain (ZETA): $10.9 million at 08:00 UTC+8
- dYdX (DYDX): $5 million at 08:00 UTC+8
FAQs
Q: How can FTX creditors expect to receive payments?
A: Distributions will occur through official bankruptcy channels starting May 30, with amounts based on approved claim amounts.
Q: What happens if I miss the MilkyWay airdrop deadline?
A: Unclaimed tokens will be forfeited after the May 29 cutoff per project terms.
Q: Are there risks associated with the Sui token unlock?
A: Large unlocks can create selling pressure. ๐ Learn about token unlock strategies before trading.
Q: How does Binance's seed tag affect HUMA trading?
A: Seed-tagged assets have higher volatility and may face trading restrictions for new users.
Q: When will Wintermute's US operations begin?
A: The New York office officially opens June 1 with expanded services. ๐ See exchange listings for supported platforms.
Q: What's the significance of Ethereum's Fusaka upgrade?
A: It implements critical scalability improvements ahead of broader network upgrades.