Weekly Preview | Starknet will launch the STRK dynamic Gas fee mechanism; Humanity (H) will unlock tokens valued at over 50 million dollars.

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News Preview:

  • Starknet v0.14.3 is scheduled to launch on the mainnet on June 22, introducing the STRK dynamic gas fee mechanism;
  • Base will activate the Beryl hard fork upgrade on the mainnet on June 26, introducing the B20 native token standard;
  • The U.S. May Core PCE Price Index Year-on-Year and U.S. May Personal Spending Month-on-Month will be announced on June 25 at 8:30 PM;
  • Humanity (H) will unlock approximately 266 million tokens at 8:00 AM Beijing time on June 25, with a circulation ratio of about 9.41%, valued at approximately $54.8 million;
  • Sahara AI (SAHARA) will unlock approximately 1.03 billion tokens at 8:00 PM Beijing time on June 26, with a circulation ratio of about 30.1%, valued at approximately $14.8 million.

June 22

Policy Regulation:

The Financial Services Commission of South Korea will implement the Seven Principles of Financial AI on June 22

On June 18, the Financial Services Commission of South Korea released a revised version of the "Guidelines for Artificial Intelligence in the Financial Sector," which will be implemented across the entire financial industry and FinTech companies starting June 22. The new guidelines apply to financial companies introducing AI and FinTech businesses that affect financial transactions, establishing seven principles: governance, legality, assistive nature, reliability, financial stability, duty of integrity, and safety.

The South Korean government plans to relax certain network isolation security regulations applicable to financial institutions, improve the personal credit information consent system, data anonymization processes, and integrate relevant rules, as well as study responsibility and authority regulations for AI agents and specialized supervisory plans for AI. On the same day the guidelines are implemented, the Financial Supervisory Service of South Korea will release a risk management framework for AI in the financial sector, and the Financial Security Institute will publish safety guidelines for AI in finance.

Exchanges:

Binance Alpha will launch Arcium (ARX) on June 22

According to the official announcement, Binance Alpha will be the first to launch Arcium (ARX) on June 22. Eligible users can claim airdrops using Binance Alpha points on the Alpha event page once trading opens.

Project Updates:

Starknet v0.14.3 is scheduled to launch on the mainnet on June 22, introducing the STRK dynamic gas fee mechanism

The Starknet v0.14.3 version is set to launch on the mainnet this month, with the testnet launch scheduled for June 9 and the mainnet launch on June 22. The new version will support STRK-based dynamic L2 gas base fee adjustments, improve block generation speed, reduce target L2 gas consumption per block while keeping the maximum block size unchanged, and deprecate RPC 0.8. As this update includes significant changes, the official strongly advises all developers to carefully read the pre-release notes to prepare for compatibility and upgrades.

B.AI: The old API Key will be deprecated on June 22; users need to generate a new API Key as soon as possible

The AI Agent infrastructure B.AI tweeted that the old API Key will officially be deprecated on June 22 at 11:59 PM. Users who have not completed the migration need to generate a new API Key and update existing integrations promptly to avoid service interruptions.

Token Unlocking:

MultiBank Group (MBG) will unlock approximately 27.15 million tokens at 8:00 PM Beijing time on June 22, with a circulation ratio of about 7.49%, valued at approximately $6 million.

June 23

Project Updates:

Zama, Morpho, and Steakhouse jointly launch Ethereum confidential DeFi yield vault, deposits open on June 23

According to The Block, Zama, Morpho, and Steakhouse Financial announced the launch of a confidential DeFi yield product on Ethereum, the Steakhouse Confidential USDC Prime vault, to help institutions yield on their encrypted USDC balances without exposing on-chain positions. The vault is set to open for deposits on June 23, constructed on Zama's FHE encrypted cUSDC and Morpho's lending infrastructure.

Token Unlocking:

MegaETH (MEGA) will unlock approximately 250 million tokens at 6:00 PM Beijing time on June 23, with a circulation ratio of about 32.83%, valued at approximately $13.5 million.

June 24

Token Unlocking:

Newton Protocol (NEWT) will unlock approximately 139 million tokens at 8:00 AM Beijing time on June 24, with a circulation ratio of about 37.22%, valued at approximately $7.6 million.

June 25

Macroeconomics:

04:00, the Federal Reserve publishes annual bank stress test results;

On Thursday, June 25 at 8:30 PM, the initial jobless claims for the week ending June 20, U.S. May Core PCE Price Index Year-on-Year, U.S. May Personal Spending Month-on-Month, U.S. Q1 Real GDP Annualized Growth Rate Final, U.S. Q1 Real Personal Consumption Expenditures Initial, U.S. Q1 Real Personal Consumption Expenditures Final, U.S. Q1 Core PCE Price Index Annualized Growth Rate Final, U.S. May Core PCE Price Index Month-on-Month, U.S. May Durable Goods Orders Month-on-Month will be published.

Project Updates:

Ronin Network chain game Fishing Frenzy announces shutdown, servers will go offline on June 25

The blockchain game project Fishing Frenzy on the Ronin Network tweeted that Fishing Frenzy and its developer Uncharted announced the shutdown, with servers scheduled to close at 8:00 AM on June 25. The official stated that the team tested multiple directions and user groups over the past year but ultimately failed to prove the commercial viability of crypto games and could not find a market fit for the product.

Token Unlocking:

Humanity (H) will unlock approximately 266 million tokens at 8:00 AM Beijing time on June 25, with a circulation ratio of about 9.41%, valued at approximately $54.8 million.

Plasma (XPL) will unlock approximately 88.89 million tokens at 8:00 PM Beijing time on June 25, with a circulation ratio of about 3.56%, valued at approximately $10.4 million.

June 26

Project Updates:

Base will activate Beryl hard fork upgrade on the mainnet on June 26, introducing B20 native token standard

According to official news, Coinbase's Layer2 network Base is about to launch the Beryl hard fork upgrade, introducing the B20 native token standard, reducing the final confirmation period for single proof withdrawals from 7 days to 5 days, and upgrading Reth V2 (reducing disk usage by 50%, improving throughput by 33%). Beryl will activate on the Sepolia testnet at 2:00 AM (UTC+8) on June 19 and on the mainnet at 2:00 AM (UTC+8) on June 26.

B20 is the native token standard of Base, an ERC-20 compatible token implemented in Rust, designed for issuers of stablecoins, RWA, and long-tail tokens, with a built-in compliance toolkit that includes transfer strategies, freezing and seizure, role-based access control, memorandums, and supply limits. In terms of withdrawals, the final adjudication window for the single proof dispute resolution process is reduced from 7 days to 5 days. The dual proof fast channel (TEE+ZK) introduced by Azul remains at 1 day.

Token Unlocking:

Sahara AI (SAHARA) will unlock approximately 1.03 billion tokens at 8:00 PM Beijing time on June 26, with a circulation ratio of about 30.1%, valued at approximately $14.8 million.

June 27

None

June 28

None

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