This Week's Key News Preview | The United States Releases April CPI Data; The U.S. Senate Banking Committee Reviews the "2025 Digital Asset Market Clarification Act"

Organized by: Jerry, ChainCatcher

Key News:

May 12 (Tuesday)

The United States will release April CPI data on May 12

At 20:30 Beijing time on May 12, the United States will release April CPI data.

Ronin will migrate to Ethereum Layer 2 on May 12, with an approximately 10-hour mainnet downtime

The gaming public chain Ronin announced that it will migrate to Ethereum Layer 2 on May 12, during which there will be a downtime window of about 10 hours for on-chain operations. Normal operation will resume after the migration, with its underlying architecture built on OP Stack and integrated with EigenDA as a data availability layer.

It is recommended that users unstake RON before the migration date or the system will automatically unstake for users after the migration is completed. The core goal of this migration is to leverage Ethereum's security, data availability, and finality to inject mature on-chain gaming infrastructure into the Ethereum ecosystem. As the underlying network for famous on-chain games like Axie Infinity and Pixels, this move is seen as an important milestone in its ecosystem development.

After the migration is completed, the annual inflation rate of RON will be reduced from over 20% to below 1%, and the treasury will gain continuous revenue from staking, Sequencer net profits, and Marketplace fees (increased from 0.5% to 1.25%).

May 13 (Wednesday)

Base independent network upgrade "Base Azul" is scheduled to launch on the mainnet on May 13

Base announced its first independent network upgrade Base Azul has been launched on the testnet, with the target mainnet activation time set for May 13, 2026. This upgrade is the first network-level upgrade for Base independent of OP Stack.

The official stated that Azul will enhance security, performance, and developer experience: Base will enable a multi-proof mechanism through Azul, base-reth-node will become its only execution client, and the latest execution layer specification (Osaka) will align Base with Ethereum. Users do not need to take any action for this upgrade.

May 14 (Thursday)

The U.S. Senate Banking Committee will review the "2025 Digital Asset Market Clarity Act" on May 14

According to crypto journalist Eleanor Terrett, the U.S. Senate Banking Committee will review H.R.3633 "2025 Digital Asset Market Clarity Act" at 10:30 AM Eastern Time on May 14. Committee members will vote on the bill text and related amendments at that time.

If the bill passes, the Banking Committee version will be combined with the portion managed by the Senate Agriculture Committee for a final version, and then submitted for a full Senate vote.

The DeFi protocol Carrot announces it will soon shut down, with May 14 as the deadline for fund withdrawals

According to official news, the Solana-based DeFi protocol Carrot announces it will soon shut down. Carrot stated that the Drift exploit incident has had a catastrophic impact on its continued operations. Carrot set May 14 as the deadline for withdrawing remaining funds from Boost, Turbo, and CRT, after which the system will begin deleveraging, reducing all leverage to zero, and releasing all liquidity for CRT redemption. Carrot stated that any compensation funds from Drift will still be distributed as previously promised, but there is currently no specific timeline.

The Moscow Exchange will launch futures trading for Solana, Ripple, and Tron on May 14

According to Bits.media, the Moscow Exchange announced that it will launch a new settlement futures trading for three digital asset indices—Solana, Ripple, and Tron—on May 14, limited to qualified investors.

These instruments are settled in Russian rubles and do not involve physical delivery of digital assets. The quoting unit for the Solana index futures is in USD, with the minimum price fluctuation and value fluctuation both being $0.01; the minimum price fluctuation for Ripple and Tron index futures is $0.0001, with a fluctuation value of $0.01. The contract period is one month, with the last trading day being the last Friday of each month. Contract expirations for June, July, and August will be offered starting May 14. Additionally, the Moscow Exchange will start calculating and publishing indices for four cryptocurrencies: Solana, Ripple, Tron, and BNB on May 13.

May 15 (Friday)

Dmail Network will gradually cease all services starting from May 15

The privacy email system Dmail Network officially stated that after a long evaluation, strategic transformation, and internal discussion, it has decided to gradually cease all services starting from May 15, 2026. The main reasons are the high costs of decentralized infrastructure (bandwidth, storage, computing), making sustainable operations difficult; failure to find an effective payment model or commercialization path; lack of clear scenarios for large-scale use and a closed-loop economic model for the token; insufficient anticipation of the cooling of the crypto market; insufficient operational capacity due to the departure of core team members; and unsuccessful attempts for subsequent financing and acquisitions.

Users must export their email content to other platforms (such as Gmail) through the official portal before May 15. After exporting, they can apply for account cancellation, after which all data (emails, NFT domain names, points, associated social addresses, etc.) will be permanently deleted. After the service stops, nodes will no longer operate, and emails will be inaccessible.

Cosmos ecosystem lending blockchain UX Chain will fully cease operations on May 15

According to a post on UX Chain's official X account (@ux_xyz), the UX Chain platform has announced the initiation of a shutdown plan, requiring users to clean up all unsettled positions before April 30 when the platform will fully liquidate. The protocol is expected to completely shut down on May 15.

UX reserves and financial funds will be used to cover the funding gap of the protocol, and specific details will be announced in the UX governance forum.

May 16 (Saturday)

The blockchain infrastructure for gaming Lattice announces it will gradually close its business, and its Redstone network will cease operations on May 16

The blockchain infrastructure for gaming, Lattice announced that it will gradually close its business after five years of operation, with its Layer 2 network Redstone ceasing operations at 07:59 on May 16, 2026.

Lattice reminds users to withdraw funds before this deadline, especially assets in contracts such as Uniswap pools. After the closure, only L1 withdrawal contracts will be deployed for external account balance withdrawals, and funds in contracts will not be recoverable.

It is reported that Lattice was established in 2021 and developed tools such as the MUD framework, Redstone chain, Quarry, and Dozer, but failed to achieve a sustainable business model. The team will use the remaining funds for their final project DUST autonomous world, but the scale has not reached a level to support the business, and they do not believe that VC funding is the right path.

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