News Preview:
- US SEC plans to hold the fourth crypto roundtable on May 12, with executives from BlackRock, Fidelity, Nasdaq and others attending;
- On May 13 at 20:30, the US April Consumer Price Index (CPI) will be released, reflecting the latest inflation trend;
- sns.sol posted on X platform that SNS token airdrop will begin on May 13;
- VanEck plans to launch a new crypto-related ETF on May 14, offering broad industry investment opportunities through dozens of stocks;
- Vaulta: EOS token will become A token on May 14 with a 1:1 exchange ratio;
- BlockFi urges creditors to claim bankruptcy compensation as soon as possible, with May 15 as the deadline.
May 12
Policy Regulation:
[The rest of the translation follows the same professional and precise approach, maintaining the original structure and translating all text while preserving any HTML tags and specific terminology as instructed.]Distributed validator technology project Obol Collective may launch its token $OBOL on May 15, 2025. Previously, Obol Collective will airdrop 7.5% OBOL tokens to Ethereum node operators.
The bankrupt crypto lending platform BlockFi announced that customers must claim their assets before May 15, otherwise unclaimed assets will be distributed to other unsecured creditors according to bankruptcy law. Currently, 97% of US users have claimed compensation, but only 43% of non-US users. The company reminds customers to verify the authenticity of emails and complete the KYC verification process to expedite compensation distribution.
Token Unlocks:
Starknet (STRK) will unlock approximately 127 million tokens at 8 AM Beijing time on May 15, representing 4.09% of the current circulating supply, valued at around $23 million
Sei (SEI) will unlock approximately 55.56 million tokens at 8 PM Beijing time on May 15, representing 1.09% of the current circulating supply, valued at around $14.5 million
May 16
Exchanges:
Coinbase will suspend MOVE trading on May 16
Coinbase will suspend trading of Movement (MOVE) tokens around 2 AM (UTC+8) on May 16. The MOVE order book has been adjusted to limit order mode, allowing users to place and cancel orders, with potential order matching.
Project Updates:
US fast-food chain Steak 'n Shake to accept Bitcoin payment at all stores starting May 16
US fast-food brand Steak 'n Shake announced that all its stores will accept Bitcoin payment starting May 16. The company posted on social platform X on May 9 that this move will cover over 100 million customers, signing off as "Steaktoshi" to indicate "this revolution is just beginning". The brand had previously conducted a poll on social media in March asking whether Steak 'n Shake should accept Bitcoin, receiving positive response from the crypto community, including Twitter founder Jack Dorsey.
Solayer to unlock second quarter tokens on May 16, 100% for ecosystem incentives and growth
According to the Solayer Foundation announcement, the next round of community tokens will be unlocked on May 16, entirely dedicated to second quarter incentives, early users, InfiniSVM developers, and ecosystem development, including native product launch and product growth plans. The foundation stated that token allocation details and new product release plans will be gradually announced in May.
Hacker who invaded SEC account announcing Bitcoin ETF approval to be sentenced on May 16
A 25-year-old man from Alabama, Eric Council Jr., admitted to participating in hacking the SEC's "X" account. In January last year, he posted a false message on the platform announcing the authorization of the first spot Bitcoin ETF. Council pleaded guilty to aggravated identity theft and device access fraud conspiracy on Monday in Washington federal court. Judge Amy Berman Jackson is set to sentence him on May 16. Prosecutors accused Council of using forged identification to trick a local mobile store employee into hacking into the victim's phone. The day before the SEC account was hacked, analysts predicted the SEC would announce Bitcoin ETF approval. The hacker's false post on January 9, 2024, caused Bitcoin prices to surge. Subsequently, the SEC confirmed the announcement was unauthorized, and cryptocurrency prices dropped. The next day, the SEC officially approved the spot Bitcoin ETF.
Acurast to launch token sale on CoinList at 1 AM on May 16
Decentralized computing network Acurast will launch its token sale on CoinList at 1 AM (Beijing time) on May 16, with 100% token unlock. Acurast builds a decentralized computing platform using smartphones, with over 65,000 devices connected. The total sale is 60 million ACU tokens at $0.09 each, valuing at $90 million. Using a "bottom-up" allocation mechanism, prioritizing small-scale purchases. The sale is not open to specific regions including the US and Canada.
Galaxy plans to list on Nasdaq on May 16
Galaxy Digital Holdings (TSX: GLXY) announced plans to list on the Nasdaq Global Select Market on May 16, 2025. Its May 9 special shareholders meeting approved the restructuring and listing transfer plan, which still requires final Nasdaq approval. If successful, the restructured US company Galaxy Digital Inc. will trade under GLXY on Nasdaq while maintaining its Toronto Stock Exchange listing in the short term. CEO Mike Novogratz stated that this move will provide a new growth platform, expand investor base, and better serve digital assets and AI infrastructure ecosystem. Existing OTC market BRPHF stock will be converted to Nasdaq GLXY stock, with no migration fees for shareholders. Listing documents and voting materials have been submitted to US SEC and Canadian SEDAR platforms.
Token Unlocks:
Arbitrum (ARB) will unlock approximately 92.65 million tokens at 9 PM Beijing time on May 16, representing 1.95% of the current circulating supply, valued at around $42.7 million
Immutable (IMX) will unlock approximately 24.52 million tokens at 8 AM Beijing time on May 16, representing 1.35% of the current circulating supply, valued at around $17.9 million
May 17
Project Updates:
Terra: Deadline for submitting loss claims to Terraform Liquidation Trust is May 17
Terra officially reminded on X platform that the deadline for submitting cryptocurrency loss claims to Terraform Labs Pte. Ltd. Liquidation Trust is 23:59 ET on May 16, 2025 (11:59 AM Beijing time on May 17, 2025). Creditors must submit their eligible cryptocurrency loss claims before this date. Late submissions will not be accepted.
Resolv: RESOLV token genesis event registration now open, deadline is May 17
The Resolv Foundation announced on X platform that RESOLV token genesis event registration is now open, which is a necessary step to participate in airdrop claiming, with a deadline of 7:59 AM Beijing time on May 17. The first season's snapshot was taken at 7:59 AM Beijing time on May 9. Users who do not register will not be able to participate in subsequent claiming processes. After registration, a Sybil check will be conducted to verify eligibility. Once the check is complete, the claiming page will immediately open, valid for 30 days.
Token Unlocks:
Avalanche (AVAX) will unlock approximately 1.67 million tokens at 8 AM Beijing time on May 17, representing 0.4% of the current circulating supply, valued at around $41.3 million
ApeCoin (APE) will unlock approximately 15.6 million tokens at 8:30 PM Beijing time on May 17, representing 1.95% of the current circulating supply, valued at around $10.3 million
May 18
Token Unlocks:
Melania Meme (MELANIA) will unlock approximately 26.25 million tokens at 8 AM Beijing time on May 18, representing 6.63% of the current circulating supply, valued at around $10.4 million
Specific Time Pending
Policy Regulation:
US Treasury plans closed-door roundtable with crypto industry next week
According to former TechCrunch reporter Jacquelyn Melinek, the US Treasury plans to hold multiple private roundtable meetings with crypto industry members next week, covering topics including decentralized finance (DeFi), banking, cybersecurity, and other crypto ecosystem areas.
