Important developments in the encryption industry this week: multi-coin unlocks, project updates, and regulatory dynamics.

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Preview of Important Developments in the Crypto Assets Industry for the Coming Week

June 16

Exchange Platform Dynamics

A certain trading platform announced that it will stop supporting the deposit and withdrawal operations of FIS and MDT tokens through the BNB Smart Chain network starting from June 16, 2025, at 16:00. At that time, assets deposited through this network will not be credited, which may lead to asset loss.

The Brazilian stock exchange B3 will launch Ethereum and Solana futures contracts on June 16, further expanding its Crypto Assets financial product line. The product has received regulatory approval and aims to help institutional investors participate more conveniently in the crypto market. The ETH and SOL contracts will be priced in USD, with each contract corresponding to 0.25 ETH and 5 SOL, respectively. At the same time, B3 will reduce the face value of Bitcoin futures contracts from 0.1 BTC to 0.01 BTC to enhance liquidity.

Project Update

A certain NFT trading platform announced that it will completely take down the OS1 version on June 16. The new OS2 version will no longer support features such as Deals, English auctions, testnet support, and shopping cart functions. The platform explained that these features have insufficient usage rates and have compatibility issues with the ERC 721-C royalty enforcement contract. Some users have expressed dissatisfaction with the cancellation of "Deals", believing it will increase the risk of fraud.

The Trump Organization will make an important announcement at 8 AM Eastern Time on June 16 at Trump Tower in New York. Eric Trump, the second son of Trump, currently serves as the Executive Vice President of the group and is also one of the decision-makers of the Trump family's Crypto Assets project, World Liberty Financial.

Token Unlock

Arbitrum( ARB) will unlock approximately 92.65 million tokens at 9 PM Beijing time on June 16, accounting for 1.91% of the current circulation, valued at approximately 30.2 million USD.

June 17

Macroeconomics

The Bank of Japan will announce its interest rate decision, which may keep rates unchanged. The central bank believes that inflation is stronger than expected, and it will consider raising interest rates once the situation becomes clearer.

Regulatory Dynamics

The U.S. Senate plans to hold a final vote on the stablecoin GENIUS bill on June 17 local time, with the specific time to be determined by the majority leader.

The U.S. Securities and Exchange Commission has postponed the approval of the Franklin XRP spot ETF until June 17.

Trading Platform Dynamics

A certain cryptocurrency exchange in South Korea announced that due to the recent increase in phishing attacks, it plans to redeploy a virtual asset withdrawal delay system on June 17, 2025. The withdrawal of virtual assets after the first deposit in Korean Won will be delayed by 72 hours, and subsequent withdrawals of virtual assets equivalent to Korean Won recharges will be delayed by 24 hours.

Project Update

The data analysis platform Nansen Points Q1 "Activation" will start on June 17. According to the founder, staking on the Nansen Hyperliquid validation nodes will count towards the relevant points, and users who participated in HYPE staking since January this year will also receive retroactive rewards.

Starknet announced that the STRK staking v2 version will be launched on the mainnet on June 17. This upgrade includes two core features: block authentication mechanism and commission adjustment mechanism. During the mainnet upgrade, the staking contract will be paused for several hours to complete the migration, and delegated users do not need to take any action.

LG announced that it will close its TV-focused NFT marketplace Art Lab on June 17. Starting from March 10, users will no longer be able to make purchases on the platform. LG stated that this is to "shift focus and explore new opportunities." The platform will be completely shut down in June.

Token Unlock

ZKsync(ZK) will unlock approximately 768 million tokens at 4 PM Beijing time on June 17, accounting for 20.91% of the current circulating supply, valued at approximately 39 million US dollars.

ApeCoin(APE) will unlock approximately 15.6 million tokens at 8:30 PM Beijing time on June 17, with a ratio of 1.95% to the current circulation, valued at around 10.6 million USD.

June 18

Project Update

Sonic Labs announced that the $S airdrop for the second season will go live on June 18, canceling passive points and only rewarding real on-chain activities and long-term loyalty. This airdrop allows for 25% to be claimed immediately, with the remaining 75% released linearly over 270 days in the form of NFTs.

The Netflix reality show "The House of Streams" will premiere on June 18, featuring eight Twitch streamers competing for 1 bitcoin (, which is currently valued at approximately $105,000 ). The producers of the show stated that the choice of bitcoin as a prize is due to "its uniqueness far exceeding cash or travel rewards."

Token Unlock

Sonic(S) will unlock approximately 47.63 million tokens at 8 AM Beijing time on June 18, accounting for 1.65% of the current circulating supply, valued at approximately 15.8 million US dollars.

Melania Meme(MELANIA) will unlock approximately 26.25 million tokens at 8 AM Beijing time on June 18, with a ratio of 6.58% to the current circulation, valued at about 6.9 million USD.

June 19

Macroeconomics

The Federal Reserve FOMC will announce the interest rate decision and economic outlook summary; Federal Reserve Chairman Powell will hold a monetary policy press conference.

Trading Platform Dynamics

The airdrop rules of the trading platform Alpha have been changed. Starting from June 19, it will be distributed in two phases: in the first phase, users who meet the score criteria can receive it preferentially; in the second phase, the threshold will be lowered, and it will be on a first-come, first-served basis.

Project Update

Immutable announced that IMX staking will launch on June 19 on Immutable zkEVM. As part of the merger between Immutable X and Immutable zkEVM, staking on Immutable X will end on the same day. After that, users will need to stake and trade NFTs on Immutable zkEVM to earn IMX rewards.

Story and Encode Club are hosting an online Buildathon "Surreal World Assets", with the submission deadline on June 19. The event focuses on IP, AI, and RWA innovation, establishing seven major awards, with a total prize pool of $57,000. Winning projects will have the opportunity to pitch directly to investors.

Token Unlock

Polyhedra Network(ZKJ) will unlock approximately 15.53 million coins at 8 AM Beijing time on June 19, accounting for 5.04% of the current circulation, valued at approximately 30.3 million USD.

June 20

Regulatory Dynamics

The Monetary Authority of Singapore, in conjunction with the police, plans to block the websites of unlicensed trading platforms Octa and XM starting from June 20. After the blocking takes effect, users will not be able to access these platforms through Singapore's internet service providers.

Trading Platform Dynamics

A trading platform will close the withdrawal functions for multiple coins such as XR, GOAL, KP3R, LBR, LAMB, BZZ, and GPT at 16:00 Beijing time on June 20, 2025, (. Users need to complete asset transfers before this time.

Project Update

Ethereum developer nixo.eth stated that the next phase of the Ethereum mainnet upgrade "Glamsterdam" has opened for head feature proposal collection, with a deadline of June 20. Currently, there are 5 proposals covering on-chain performance and protocol optimization. The upgrade plan is expected to start after the completion of Fusaka, with the final launch date estimated for 2026.

Token Unlock

The Lista DAO)LISTA( will unlock approximately 33.44 million tokens at 5 PM Beijing time on June 20, which is 19.36% of the current circulating supply, valued at approximately $7 million.

June 22

Token Unlock

SPACE ID)ID( will unlock approximately 72.65 million tokens at 8:00 AM Beijing time on June 22, accounting for 16.88% of the current circulation, valued at about 12 million USD.

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HashBanditvip
· 07-18 13:55
just another L2 day... scaling trilemma hits harder than my mining rig losses tbh
Reply0
SelfRuggervip
· 07-16 01:27
big dump warning full retreat
View OriginalReply0
SchrodingerWalletvip
· 07-16 01:27
The wealth code is about to change again.
View OriginalReply0
NFTRegretfulvip
· 07-16 01:20
Another unlock, I'm going bankrupt.
View OriginalReply0
MetaverseVagabondvip
· 07-16 01:05
Keep on trapping circles then, damn license.
View OriginalReply0
RooftopVIPvip
· 07-16 01:04
Brothers, we really need to buy the dip this week.
View OriginalReply0
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