This Week's Key Events Preview | U.S. to Release April CPI Data; U.S. Senate Banking Committee to Review "Digital Asset Market Structure Act of 2025"

链捕手Published on 2026-05-11Last updated on 2026-05-11

Abstract

Weekly News Preview: Key events for May 12-16 include major economic and crypto industry developments. On Tuesday, May 12, the U.S. will release its April CPI data. Additionally, the gaming blockchain Ronin will begin a 10-hour migration to an Ethereum Layer 2, built on OP Stack with EigenDA for data availability. This aims to leverage Ethereum's security and settle RON's annual inflation below 1%. Base's first independent network upgrade, "Base Azul," is scheduled for mainnet activation on Wednesday, May 13, focusing on security, performance, and developer experience enhancements. Thursday, May 14, sees the U.S. Senate Banking Committee voting on the "Digital Asset Market Structure Act of 2025." In other news, Solana DeFi protocol Carrot will shut down, setting a final withdrawal deadline due to impacts from the Drift exploit. The Moscow Exchange will launch futures trading for Solana, Ripple, and Tron indices (RUB-settled) for qualified investors. Multiple service closures are scheduled for Friday, May 15. Dmail Network will begin winding down due to unsustainable infrastructure costs and failed commercialization. Users must export data before this date. Separately, the Cosmos-based lending blockchain UX Chain will fully shut down. Finally, on Saturday, May 16, gaming infrastructure provider Lattice will wind down operations, with its Redstone Layer 2 network ceasing. Users are urged to withdraw assets, especially from contracts like Uniswap pools, before the shutdown.

Compiled by:Jerry, ChainCatcher

Key Highlights:

  • The United States will release April CPI data on May 12.
  • Base's independent network upgrade "Base Azul" is scheduled to launch on mainnet on May 13.
  • The U.S. Senate Banking Committee will review the "Digital Asset Market Structure Act of 2025" on May 14.
  • Dmail Network will gradually cease all services starting May 15.

May 12 (Tuesday)

The United States will release April CPI data on May 12

The U.S. will release April CPI data at 20:30 Beijing Time on May 12.

Ronin to Migrate to Ethereum Layer 2 on May 12, Mainnet Will Be Down for Approximately 10 Hours

The gaming public chain Ronin announced it will migrate to Ethereum Layer 2 on May 12. On-chain operations will experience a downtime window of approximately 10 hours, with normal operations resuming after migration is complete. Its underlying architecture will be built on OP Stack and will use EigenDA as the data availability layer.

It is recommended that users unstake their RON before the migration date, or the system will automatically unstake for users after migration is complete. The core goal of this migration is to allow Ronin to leverage Ethereum's security, data availability, and final settlement capabilities, while injecting mature on-chain gaming infrastructure into the Ethereum ecosystem. As the underlying network for well-known on-chain games like Axie Infinity and Pixels, this move is seen as a significant milestone in Ronin's ecosystem development.

After the migration, the annual inflation rate of RON will be reduced from over 20% to below 1%. The treasury will gain sustained revenue from staking, Sequencer net profits, and Marketplace fees (increasing their share from 0.5% to 1.25%).

May 13 (Wednesday)

Base's Independent Network Upgrade "Base Azul" is Scheduled to Launch on Mainnet on May 13

Base announced that its first independent network upgrade, Base Azul, is now live on the testnet, with a target mainnet activation date of May 13, 2026. This upgrade marks Base's first network-level upgrade conducted independently of OP Stack.

Officials stated that Azul will bring improvements in three areas: security, performance, and developer experience. Azul will enable a multi-proof mechanism for Base, `base-reth-node` will become its sole execution client, and the adoption of 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)

U.S. Senate Banking Committee to Review "Digital Asset Market Structure Act of 2025" on May 14

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

If the bill passes the committee, the Banking Committee version will be merged with the portion overseen by the Senate Agriculture Committee to form a final version, which will then be submitted to the full Senate for a vote.

DeFi Protocol Carrot Announces Impending Shutdown, May 14 is the Deadline for Fund Withdrawals

According to an official announcement, the Solana ecosystem DeFi protocol Carrot has announced it will soon shut down. Carrot stated that the Drift exploit had a catastrophic impact on its continued operations. Carrot has set May 14 as the deadline for withdrawing remaining funds from Boost, Turbo, and CRT. After this date, the system will begin deleveraging, bringing all leverage to zero and releasing all liquidity for CRT redemption. Carrot said any recovered funds from Drift will still be distributed as previously promised, but there is no specific timeline currently.

Moscow Exchange to Launch Solana, Ripple, and Tron Futures Trading on May 14

According to a Bits.media report, the Moscow Exchange has announced it will launch new cash-settled futures trading for indices of three digital assets – Solana, Ripple, and Tron – on May 14. Participation will be restricted to qualified investors only.

These instruments will be settled in Russian Rubles and will not involve physical delivery of the digital assets. The Solana index futures will be quoted in US Dollars, with both the minimum price fluctuation and the tick value set at $0.01. The Ripple and Tron index futures will have a minimum price fluctuation of $0.0001 and a tick value of $0.01. The contract term will be one month, with the last trading day being the last Friday of each month. Contracts expiring in June, July, and August will be available starting May 14. Additionally, the Moscow Exchange will begin calculating and publishing indices for four cryptocurrencies – Solana, Ripple, Tron, and BNB – starting May 13.

May 15 (Friday)

Dmail Network Will Gradually Cease All Services Starting May 15

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

Users must export their email content to other platforms (such as Gmail) via the official portal before May 15. After exporting, they can apply for account deletion. Upon deletion, all data (emails, NFT domains, points, associated social addresses, etc.) will be permanently deleted. After services cease, nodes will no longer run, and emails will become inaccessible.

Cosmos Ecosystem Lending Blockchain UX Chain to Cease Operations Completely on May 15

According to a post from the official UX Chain X account (@ux_xyz), the UX Chain platform has announced the initiation of a shutdown plan. Users are required to clear all open positions before the platform's full liquidation commences on April 30. The protocol is expected to shut down completely on May 15.

UX reserves and treasury funds will be used to cover the protocol's funding gap. Specific details will be announced on the UX governance forum.

May 16 (Saturday)

Gaming Infrastructure Lattice Announces Phased Business Closure, Its Redstone Network to Cease Operations on May 16

Gaming infrastructure company Lattice has announced it will phase out its business after five years of operation. Its Layer 2 network, Redstone, will cease operations at 07:59 on May 16, 2026.

Lattice reminds users to withdraw their funds before this deadline, particularly assets in contracts such as Uniswap pools. After the shutdown, only an L1 withdrawal contract will be deployed for extracting balances from externally owned accounts. Funds remaining in smart contracts will be irretrievable.

It is understood that Lattice, founded in 2021, developed tools like the MUD framework, Redstone chain, Quarry, and Dozer but failed to achieve a sustainable business model. The team used remaining funds for a final project, the autonomous world DUST, but its scale did not reach a level sufficient to support the business, and they did not believe VC funding was the right path.

Related Questions

QWhat is the key event happening on May 12th according to the article?

AThe United States will release the April CPI data at 20:30 Beijing time on May 12th.

QWhat is the significance of the Base Azul upgrade for the Base network?

ABase Azul is Base's first independent network-level upgrade, separate from OP Stack. It aims to enhance security, performance, and developer experience by enabling multi-proof mechanisms, standardizing on base-reth-node as the sole execution client, and adopting the latest execution layer specifications (Osaka).

QWhich U.S. legislative body is set to review the 'Digital Asset Market Structure Act of 2025' on May 14th?

AThe U.S. Senate Banking Committee is scheduled to review and vote on H.R.3633, the 'Digital Asset Market Structure Act of 2025,' on May 14th at 10:30 AM Eastern Time.

QWhy is the DeFi protocol Carrot shutting down, and what is the deadline for users?

ACarrot is shutting down due to the catastrophic impact of the Drift protocol exploit on its operations. The deadline for users to withdraw remaining funds from Boost, Turbo, and CRT is May 14th.

QWhich service is announced to be gradually stopping all services starting May 15th?

ADmail Network, a privacy-focused email system, will gradually stop all services starting May 15th, 2026, citing high operational costs, lack of a sustainable business model, insufficient token utility, market conditions, and team challenges.

Related Reads

The Verdict in Choi Tae-won's Divorce Case: Revealing the Inheritance Undercurrent Behind SK Hynix's Trillion-Won Empire

SK Group Chairman Chey Tae-won's high-profile divorce case, involving a record 1.38 trillion won settlement, has drawn attention to the succession plans for Korea's second-largest conglomerate, especially its crown jewel, SK hynix. Unlike traditional chaebol scripts centered on the eldest son, Chey's three children from his marriage to former President Roh Tae-woo's daughter, Roh Soh-yeong, are carving distinct, non-traditional paths. Eldest daughter Chey Yun-jung (b. 1989) is seen as the most evident successor. With a scientific and consulting background, she holds executive roles at SK bioscience and SK Inc.'s growth support department, focusing on future strategy and biopharma. Her marriage is to an AI infrastructure entrepreneur, not a traditional business alliance. Second daughter Chey Min-jung (b. 1991) took a unique route, voluntarily serving as a South Korean naval officer, including an anti-piracy deployment. She later worked on policy and strategy for SK hynix in Washington D.C. before co-founding an AI-driven healthcare startup. She married a former U.S. Marine Corps officer, connecting her to U.S. defense and policy circles—networks crucial for a global semiconductor giant. The only son, Chey In-geun (b. 1995), who studied physics like his father, worked briefly at SK E&S before joining McKinsey. Despite fitting the traditional "heir" profile as the eldest son, he remains silent and holds no public position or shares in SK, suggesting the old succession playbook is obsolete. As SK hynix's valuation soars, becoming a geopolitical asset in the AI era, the heirs' legitimacy is no longer automatic. They must prove themselves in fields like AI biotech, global policy, and strategic consulting. Their marriages also reflect new elite networks in tech and defense, not old political alliances. Their inheritance is the complex challenge of navigating a globalized, tech-driven world, not just a corporate throne.

marsbit2h ago

The Verdict in Choi Tae-won's Divorce Case: Revealing the Inheritance Undercurrent Behind SK Hynix's Trillion-Won Empire

marsbit2h ago

From OpenSea to OpenRouter: Is Alex Atallah Repeating His 'Exit at the Peak' Playbook?

From OpenSea to OpenRouter: Is Alex Atallah Repeating His "Exit at the Peak" Playbook? According to the Wall Street Journal, payments giant Stripe is in talks to acquire the AI model aggregation platform OpenRouter in a potential deal valuing the company near $100 billion. This would mark founder Alex Atallah's second creation of a company reaching a $100 billion valuation, following his co-founding of NFT marketplace OpenSea. OpenRouter, founded just over three years ago, has grown rapidly by acting as a unified gateway for developers to access over 400 AI models. It currently has about 10 million users and processes over 200 trillion tokens monthly. While the platform's annualized revenue is around $50 million, its valuation has skyrocketed from $1.3 billion in March 2026. The potential acquisition by Stripe, a company OpenRouter's founder once likened it to, represents a major expansion into AI infrastructure for the payments leader. This move echoes Atallah's previous timing with OpenSea, where he departed before the NFT market's significant downturn. For OpenRouter, selling now may be strategic. Despite its scale, its business model—charging a 5-5.5% fee on AI inference calls—faces pressure from competition, open-source models, and potential price wars among model providers, limiting its profitability narrative for an IPO. A key asset for potential acquirers like Stripe is OpenRouter's vast repository of real-world AI usage data, which offers unique insights into model performance and developer preferences that are difficult to replicate. Whether this potential deal signifies a new valuation benchmark for AI infrastructure or another market peak signal remains to be seen.

链捕手3h ago

From OpenSea to OpenRouter: Is Alex Atallah Repeating His 'Exit at the Peak' Playbook?

链捕手3h ago

Trading

Spot
活动图片